Yantai Zhenghai Magnetic Material Co Stock

Yantai Zhenghai Magnetic Material Co Market capitalization 2024

Yantai Zhenghai Magnetic Material Co Market capitalization

6.9 B CNY

Ticker

300224.SZ

ISIN

CNE100001385

In 2024, Yantai Zhenghai Magnetic Material Co's market cap stood at 6.9 B CNY, a -32.72% increase from the 10.25 B CNY market cap in the previous year.

The Yantai Zhenghai Magnetic Material Co Market capitalization history

YEARMarket Capitalization (undefined CNY)
202310.14
202211.41
202110.78
20208.08
20196.16
20186.11
20179.28
201610.25
201511.26
20145.06
20133.85
20124.76
20115.16
2010-
2009-
2008-

Yantai Zhenghai Magnetic Material Co Aktienanalyse

What does Yantai Zhenghai Magnetic Material Co do?

Yantai Zhenghai Magnetic Material Co Ltd is a Chinese company specializing in the production of various types of magnetic materials. The company was founded in 1998 and is headquartered in the city of Yantai in Shandong province. Initially, the company mainly focused on the production of ferrite magnetic materials, which are mainly used in the electronics industry. However, over the years, Yantai Zhenghai expanded its business scope and also began to manufacture magnets made of NdFeB (neodymium iron boron), one of the strongest permanent magnetic materials. As an innovative company, Yantai Zhenghai places great importance on quality and research. The company has advanced production facilities and a strong R&D team dedicated to the development of new products and the improvement of production processes. Today, Yantai Zhenghai has grown into a major manufacturer of magnets and magnetic materials, serving customers from various industries such as automotive, consumer goods, medical, and electronics. The company's products are used in numerous applications such as speakers, electric motors, generators, sensors, and switches. Yantai Zhenghai's business model is customer-oriented, focusing on providing high-quality products and excellent customer service. The company works closely with its customers to understand their specific needs and requirements, offering them the best solutions. The company operates two factories in China, with a total production area of over 30,000 square meters and employing over 500 employees. The factories are ISO 9001 and ISO/TS 16949 certified, meeting the highest international standards. Yantai Zhenghai offers a wide range of magnet products, including ferrite magnet blocks, ring-shaped magnets, half magnets, needle magnets, ceramic magnets, NdFeB magnets, and SmCo magnets. All magnets are available in various sizes and shapes and can be customized according to customer specifications. In addition, Yantai Zhenghai also offers magnetic assemblies and components, consisting of a combination of magnets, metals, and plastics, which can be used for a variety of applications. The magnetic assemblies are configured and manufactured according to customer requirements. Yantai Zhenghai's products and services are focused on ensuring the highest customer satisfaction and quality. In summary, Yantai Zhenghai Magnetic Material Co Ltd holds a leading position in the magnet industry, characterized by quality, innovation, and customer value. With a strong focus on research and development, state-of-the-art production technology, and comprehensive customer service, Yantai Zhenghai has solidified its position as a reputable magnet manufacturer and will continue to be successful in the future. Yantai Zhenghai Magnetic Material Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Yantai Zhenghai Magnetic Material Co's Market Capitalization

Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material 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

Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material Co stock

What is the current Yantai Zhenghai Magnetic Material Co market capitalization?

The current market capitalization of Yantai Zhenghai Magnetic Material Co is 6.9 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 Yantai Zhenghai Magnetic Material Co.

How has the market capitalization of Yantai Zhenghai Magnetic Material Co developed in recent years?

The market capitalization of Yantai Zhenghai Magnetic Material Co has increased/decreased by -32.72% 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 Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material Co pay?

Over the past 12 months, Yantai Zhenghai Magnetic Material Co paid a dividend of 0.2 CNY . This corresponds to a dividend yield of about 2.38 %. For the coming 12 months, Yantai Zhenghai Magnetic Material Co is expected to pay a dividend of 0.2 CNY.

What is the dividend yield of Yantai Zhenghai Magnetic Material Co?

The current dividend yield of Yantai Zhenghai Magnetic Material Co is 2.38 %.

When does Yantai Zhenghai Magnetic Material Co pay dividends?

Yantai Zhenghai Magnetic Material Co pays a quarterly dividend. This is distributed in the months of May, May, May, May.

How secure is the dividend of Yantai Zhenghai Magnetic Material Co?

Yantai Zhenghai Magnetic Material Co paid dividends every year for the past 4 years.

What is the dividend of Yantai Zhenghai Magnetic Material Co?

For the upcoming 12 months, dividends amounting to 0.2 CNY are expected. This corresponds to a dividend yield of 2.39 %.

In which sector is Yantai Zhenghai Magnetic Material Co located?

Yantai Zhenghai Magnetic Material Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Yantai Zhenghai Magnetic Material Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Yantai Zhenghai Magnetic Material Co from 4/26/2024 amounting to 0.2 CNY, you needed to have the stock in your portfolio before the ex-date on 4/26/2024.

When did Yantai Zhenghai Magnetic Material Co pay the last dividend?

The last dividend was paid out on 4/26/2024.

What was the dividend of Yantai Zhenghai Magnetic Material Co in the year 2023?

In the year 2023, Yantai Zhenghai Magnetic Material Co distributed 0 CNY as dividends.

In which currency does Yantai Zhenghai Magnetic Material Co pay out the dividend?

The dividends of Yantai Zhenghai Magnetic Material Co are distributed in CNY.

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Andere Kennzahlen von Yantai Zhenghai Magnetic Material Co

Our stock analysis for Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.