Wenzhou Hongfeng Electrical Alloy Co Stock

Wenzhou Hongfeng Electrical Alloy Co Market capitalization 2024

Wenzhou Hongfeng Electrical Alloy Co Market capitalization

1.98 B CNY

Ticker

300283.SZ

ISIN

CNE100001F86

In 2024, Wenzhou Hongfeng Electrical Alloy Co's market cap stood at 1.98 B CNY, a -27.13% increase from the 2.71 B CNY market cap in the previous year.

The Wenzhou Hongfeng Electrical Alloy Co Market capitalization history

YEARMarket Capitalization (undefined CNY)
20231.98
20222.57
20212.76
20202.26
20192.01
20181.99
20173.16
20163.7
20153.27
20141.76
20131.11
20121.33
2011-
2010-
2009-
2008-

Wenzhou Hongfeng Electrical Alloy Co Aktienanalyse

What does Wenzhou Hongfeng Electrical Alloy Co do?

Wenzhou Hongfeng Electrical Alloy Co Ltd is a Chinese company that was founded in 2003. The main area of its business model is the manufacturing of electrical alloys and related products. Since its inception, the company has become a major provider of electrical alloy materials and high-quality products in this field. The company's history began in 2003 when a group of enthusiasts from the Wenzhou region decided to start their own company. The idea was to produce electrical alloys that would meet the market's demand for high-quality and high-performance materials. To implement this plan, a factory was established in Wenzhou, Zhejiang Province. Wenzhou Hongfeng Electrical Alloy Co Ltd's business model is focused on the manufacturing of electrical alloy materials and related products. The company is one of the leading manufacturers of alloys in China, offering a wide range of products tailored to the needs of customers. The various sectors in which the company operates include nickel-chrome alloys, rebuilding alloys, resistance wire, and special alloys. All of these products are specially designed to provide high performance and durability. The company also offers customized solutions for customers with specific requirements. Nickel-chrome alloys are the main product of Wenzhou Hongfeng Electrical Alloy Co Ltd. These alloys are primarily used in heating applications. The company produces a wide range of alloys with different properties such as corrosion resistance, heat resistance, and electrical conductivity. These alloys are used in various heating systems, such as ovens, heating plates, and heat treatment facilities. Rebuilding alloys are mainly used in cutting tools and molding tools. These alloys are characterized by their high hardness, wear resistance, and corrosion resistance. They are used in the construction and manufacturing of cutting tools, molds, and stamping tools. Resistance wire is another key product of Wenzhou Hongfeng Electrical Alloy Co Ltd. It is a special type of wire that has high electrical resistance values. This wire is used in various electrical applications, such as heating elements, resistance brakes, and heating devices. Special alloys are materials that have been specifically developed for certain applications. They are used in the aerospace and automotive industries. These alloys are characterized by their high strength, corrosion resistance, and durability, offering excellent performance properties. In summary, Wenzhou Hongfeng Electrical Alloy Co Ltd is a leading provider of electrical alloy materials and products. The company offers a wide range of products and solutions, known for its high quality and performance. Through its innovative technologies and advanced production processes, the company has established itself as a major player in the alloy industry. Wenzhou Hongfeng Electrical Alloy Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Wenzhou Hongfeng Electrical Alloy Co's Market Capitalization

Wenzhou Hongfeng Electrical Alloy Co's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Wenzhou Hongfeng Electrical Alloy Co's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Wenzhou Hongfeng Electrical Alloy Co's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Wenzhou Hongfeng Electrical Alloy Co’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Wenzhou Hongfeng Electrical Alloy Co stock

What is the current Wenzhou Hongfeng Electrical Alloy Co market capitalization?

The current market capitalization of Wenzhou Hongfeng Electrical Alloy Co is 1.98 B CNY.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Wenzhou Hongfeng Electrical Alloy Co.

How has the market capitalization of Wenzhou Hongfeng Electrical Alloy Co developed in recent years?

The market capitalization of Wenzhou Hongfeng Electrical Alloy Co has increased/decreased by -27.13% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Wenzhou Hongfeng Electrical Alloy Co?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Wenzhou Hongfeng Electrical Alloy Co?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Wenzhou Hongfeng Electrical Alloy Co have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Wenzhou Hongfeng Electrical Alloy Co pay?

Over the past 12 months, Wenzhou Hongfeng Electrical Alloy Co paid a dividend of 0.03 CNY . This corresponds to a dividend yield of about 0.53 %. For the coming 12 months, Wenzhou Hongfeng Electrical Alloy Co is expected to pay a dividend of 0.03 CNY.

What is the dividend yield of Wenzhou Hongfeng Electrical Alloy Co?

The current dividend yield of Wenzhou Hongfeng Electrical Alloy Co is 0.53 %.

When does Wenzhou Hongfeng Electrical Alloy Co pay dividends?

Wenzhou Hongfeng Electrical Alloy Co pays a quarterly dividend. This is distributed in the months of August, July, July, July.

How secure is the dividend of Wenzhou Hongfeng Electrical Alloy Co?

Wenzhou Hongfeng Electrical Alloy Co paid dividends every year for the past 12 years.

What is the dividend of Wenzhou Hongfeng Electrical Alloy Co?

For the upcoming 12 months, dividends amounting to 0.03 CNY are expected. This corresponds to a dividend yield of 0.53 %.

In which sector is Wenzhou Hongfeng Electrical Alloy Co located?

Wenzhou Hongfeng Electrical Alloy Co is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Wenzhou Hongfeng Electrical Alloy Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Wenzhou Hongfeng Electrical Alloy Co from 6/18/2024 amounting to 0.02 CNY, you needed to have the stock in your portfolio before the ex-date on 6/18/2024.

When did Wenzhou Hongfeng Electrical Alloy Co pay the last dividend?

The last dividend was paid out on 6/18/2024.

What was the dividend of Wenzhou Hongfeng Electrical Alloy Co in the year 2023?

In the year 2023, Wenzhou Hongfeng Electrical Alloy Co distributed 0.04 CNY as dividends.

In which currency does Wenzhou Hongfeng Electrical Alloy Co pay out the dividend?

The dividends of Wenzhou Hongfeng Electrical Alloy Co are distributed in CNY.

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Andere Kennzahlen von Wenzhou Hongfeng Electrical Alloy Co

Our stock analysis for Wenzhou Hongfeng Electrical Alloy Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Wenzhou Hongfeng Electrical Alloy Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.