Huagong Tech Co Ltd
Huagong Tech Company Limited manufactures and sells laser equipment, hologram products, optical communication devices, and electronic components in China and internationally. It operates through four divisions: Laser Processing Equipment and Intelligent Manufacturing Production and Sales Division; Optoelectronic Devices Production and Sales Division; Sensitive Components Production and Sales Divi… Read more
Market Cap & Net Worth: Huagong Tech Co Ltd (000988)
Huagong Tech Co Ltd (SHE:000988) has a market capitalization of $16.06 Billion (CN¥117.85 Billion) as of March 18, 2026. Listed on the SHE stock exchange, this China-based company holds position #1712 globally and #89 in its home market, demonstrating a 2.12% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Huagong Tech Co Ltd's stock price CN¥117.21 by its total outstanding shares 1005502707 (1.01 Billion).
Huagong Tech Co Ltd Market Cap History: 2015 to 2026
Huagong Tech Co Ltd's market capitalization history from 2015 to 2026. Data shows growth from $2.83 Billion to $16.06 Billion (22.01% CAGR).
Huagong Tech Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Huagong Tech Co Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.51x
Huagong Tech Co Ltd's market cap is 0.51 times its annual revenue
0.29x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
4.86x
Huagong Tech Co Ltd's market cap is 4.86 times its annual earnings
1.64x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $2.83 Billion | $2.62 Billion | $150.83 Million | 1.08x | 18.76x |
| 2016 | $2.09 Billion | $3.31 Billion | $229.81 Million | 0.63x | 9.11x |
| 2017 | $2.22 Billion | $4.48 Billion | $324.16 Million | 0.50x | 6.86x |
| 2018 | $1.61 Billion | $5.23 Billion | $283.61 Million | 0.31x | 5.66x |
| 2019 | $2.73 Billion | $5.46 Billion | $502.79 Million | 0.50x | 5.44x |
| 2020 | $3.13 Billion | $6.14 Billion | $550.49 Million | 0.51x | 5.69x |
| 2021 | $3.77 Billion | $10.17 Billion | $760.98 Million | 0.37x | 4.96x |
| 2022 | $2.23 Billion | $12.01 Billion | $905.94 Million | 0.19x | 2.46x |
| 2023 | $4.06 Billion | $10.16 Billion | $1.01 Billion | 0.40x | 4.03x |
| 2024 | $5.93 Billion | $11.71 Billion | $1.22 Billion | 0.51x | 4.86x |
Competitor Companies of 000988 by Market Capitalization
Companies near Huagong Tech Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Huagong Tech Co Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #156 globally with a market cap of $119.93 Billion USD ( CN¥879.97 Billion CNY).
- Vertiv Holdings Co (NYSE:VRT): Ranked #222 globally with a market cap of $89.72 Billion USD.
- ABB Ltd (PINK:ABBNY): Ranked #242 globally with a market cap of $85.22 Billion USD.
- VERTIV HOL.CL A DL-0001 (F:49V): Ranked #370 globally with a market cap of $59.06 Billion USD ( €57.54 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #156 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $119.93 Billion | CN¥408.40 |
| #222 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $264.74 |
| #242 | ABB Ltd | PINK:ABBNY | $85.22 Billion | $46.91 |
| #370 | VERTIV HOL.CL A DL-0001 | F:49V | $59.06 Billion | €232.40 |
Huagong Tech Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Huagong Tech Co Ltd's market cap moved from $2.83 Billion to $ 16.06 Billion, with a yearly change of 22.01%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥16.06 Billion | +47.75% |
| 2025 | CN¥10.87 Billion | +83.21% |
| 2024 | CN¥5.93 Billion | +46.24% |
| 2023 | CN¥4.06 Billion | +81.98% |
| 2022 | CN¥2.23 Billion | -40.88% |
| 2021 | CN¥3.77 Billion | +20.45% |
| 2020 | CN¥3.13 Billion | +14.55% |
| 2019 | CN¥2.73 Billion | +70.26% |
| 2018 | CN¥1.61 Billion | -27.83% |
| 2017 | CN¥2.22 Billion | +6.20% |
| 2016 | CN¥2.09 Billion | -25.97% |
| 2015 | CN¥2.83 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Huagong Tech Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $16.06 Billion USD |
| MoneyControl | $16.06 Billion USD |
| MarketWatch | $16.06 Billion USD |
| marketcap.company | $16.06 Billion USD |
| Reuters | $16.06 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.