Huagong Tech Co Ltd (SHE:000988) — Market Cap & Net Worth

$17.59 Billion USD  · CN¥120.19 Billion CNY  · Rank #1422

Market Cap & Net Worth: Huagong Tech Co Ltd (000988)

Huagong Tech Co Ltd (SHE:000988) has a market capitalization of $17.59 Billion (CN¥120.19 Billion) as of May 2, 2026. Listed on the SHE stock exchange, this China-based company holds position #1422 globally and #137 in its home market, demonstrating a -1.17% decrease 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¥119.53 by its total outstanding shares 1005502707 (1.01 Billion). Analyse Huagong Tech Co Ltd operating cash flow efficiency to see how efficiently the company converts income to cash.

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 $3.04 Billion to $17.59 Billion (21.95% 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

0.54x

Huagong Tech Co Ltd's market cap is 0.54 times its annual revenue

Industry average: 0.56x Lower than industry average

Latest Price to Earnings (P/E) Ratio

5.22x

Huagong Tech Co Ltd's market cap is 5.22 times its annual earnings

Industry average: 4.94x Higher than industry average

What 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 $3.04 Billion $2.62 Billion $150.83 Million 1.16x 20.14x
2016 $2.25 Billion $3.31 Billion $229.81 Million 0.68x 9.79x
2017 $2.39 Billion $4.48 Billion $324.16 Million 0.53x 7.37x
2018 $1.72 Billion $5.23 Billion $283.61 Million 0.33x 6.08x
2019 $2.93 Billion $5.46 Billion $502.79 Million 0.54x 5.84x
2020 $3.36 Billion $6.14 Billion $550.49 Million 0.55x 6.11x
2021 $4.05 Billion $10.17 Billion $760.98 Million 0.40x 5.32x
2022 $2.39 Billion $12.01 Billion $905.94 Million 0.20x 2.64x
2023 $4.36 Billion $10.16 Billion $1.01 Billion 0.43x 4.33x
2024 $6.37 Billion $11.71 Billion $1.22 Billion 0.54x 5.22x

Competitor Companies of 000988 by Market Capitalization

Companies near Huagong Tech Co Ltd in the global market cap rankings as of May 2, 2026.

Key companies related to Huagong Tech Co Ltd by market ranking:

  • Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #59 globally with a market cap of $281.23 Billion USD ( CN¥1.92 Trillion CNY).
  • ABB Ltd (SW:ABBN): Ranked #181 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
  • Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #190 globally with a market cap of $122.86 Billion USD ( ฿3.94 Trillion THB).
  • Vertiv Holdings Co (NYSE:VRT): Ranked #286 globally with a market cap of $89.72 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#59 Contemporary Amperex Technology Co Ltd Class A SHE:300750 $281.23 Billion CN¥436.00
#181 ABB Ltd SW:ABBN $127.26 Billion CHF78.44
#190 Delta Electronics (Thailand) Public Company Limited BK:DELTA $122.86 Billion ฿316.00
#286 Vertiv Holdings Co NYSE:VRT $89.72 Billion $328.31

Huagong Tech Co Ltd Historical Marketcap From 2015 to 2026

Between 2015 and today, Huagong Tech Co Ltd's market cap moved from $3.04 Billion to $ 17.59 Billion, with a yearly change of 21.95%.

Year Market Cap Change (%)
2026 CN¥17.59 Billion +50.67%
2025 CN¥11.67 Billion +83.21%
2024 CN¥6.37 Billion +46.24%
2023 CN¥4.36 Billion +81.98%
2022 CN¥2.39 Billion -40.88%
2021 CN¥4.05 Billion +20.45%
2020 CN¥3.36 Billion +14.55%
2019 CN¥2.93 Billion +70.26%
2018 CN¥1.72 Billion -27.83%
2017 CN¥2.39 Billion +6.20%
2016 CN¥2.25 Billion -25.97%
2015 CN¥3.04 Billion --

End of Day Market Cap According to Different Sources

On May 2nd, 2026 the market cap of Huagong Tech Co Ltd was reported to be:

Source Market Cap
Yahoo Finance $17.59 Billion USD
MoneyControl $17.59 Billion USD
MarketWatch $17.59 Billion USD
marketcap.company $17.59 Billion USD
Reuters $17.59 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Huagong Tech Co Ltd

SHE:000988 China Electrical Equipment & Parts
Market Cap
$17.59 Billion
CN¥120.19 Billion CNY
Market Cap Rank
#1422 Global
#137 in China
Share Price
CN¥119.53
Change (1 day)
+0.41%
52-Week Range
CN¥41.70 - CN¥134.88
All Time High
CN¥134.88
About

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