Cangzhou Mingzhu Plastic Co Ltd
Cangzhou Mingzhu Plastic Co.,Ltd., together with its subsidiaries, manufactures and sells PE pipe systems, BOPA films, Li-ion battery separators, and composite pipes in China. The company offers PE gas and water supply pipelines, PE nuclear power/large diameter thick wall PE pipelines, PE fittings, and ground source heat pump heat exchange piping systems; dry uni-axial stretching, wet simultaneou… Read more
Market Cap & Net Worth: Cangzhou Mingzhu Plastic Co Ltd (002108)
Cangzhou Mingzhu Plastic Co Ltd (SHE:002108) has a market capitalization of $1.15 Billion (CN¥8.47 Billion) as of March 18, 2026. Listed on the SHE stock exchange, this China-based company holds position #7822 globally and #1403 in its home market, demonstrating a 2.19% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Cangzhou Mingzhu Plastic Co Ltd's stock price CN¥5.14 by its total outstanding shares 1648598206 (1.65 Billion).
Cangzhou Mingzhu Plastic Co Ltd Market Cap History: 2015 to 2026
Cangzhou Mingzhu Plastic Co Ltd's market capitalization history from 2015 to 2026. Data shows change from $1.52 Billion to $1.15 Billion (-3.14% CAGR).
Cangzhou Mingzhu Plastic Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Cangzhou Mingzhu Plastic 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
0.29x
Cangzhou Mingzhu Plastic Co Ltd's market cap is 0.29 times its annual revenue
0.22x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
5.21x
Cangzhou Mingzhu Plastic Co Ltd's market cap is 5.21 times its annual earnings
2.64x
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 | $1.52 Billion | $2.18 Billion | $214.63 Million | 0.70x | 7.08x |
| 2016 | $1.76 Billion | $2.76 Billion | $487.32 Million | 0.64x | 3.62x |
| 2017 | $1.68 Billion | $3.52 Billion | $545.28 Million | 0.48x | 3.09x |
| 2018 | $838.27 Million | $3.33 Billion | $297.88 Million | 0.25x | 2.81x |
| 2019 | $797.62 Million | $3.00 Billion | $166.10 Million | 0.27x | 4.80x |
| 2020 | $1.11 Billion | $2.76 Billion | $300.95 Million | 0.40x | 3.70x |
| 2021 | $1.65 Billion | $2.89 Billion | $365.97 Million | 0.57x | 4.52x |
| 2022 | $984.43 Million | $2.83 Billion | $281.00 Million | 0.35x | 3.50x |
| 2023 | $897.88 Million | $2.62 Billion | $272.59 Million | 0.34x | 3.29x |
| 2024 | $806.63 Million | $2.75 Billion | $154.74 Million | 0.29x | 5.21x |
Competitor Companies of 002108 by Market Capitalization
Companies near Cangzhou Mingzhu Plastic Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Cangzhou Mingzhu Plastic Co Ltd by market ranking:
- Honeywell International Inc (NASDAQ:HON): Ranked #128 globally with a market cap of $141.49 Billion USD.
- Mitsui & Company Ltd (PINK:MITSY): Ranked #194 globally with a market cap of $101.34 Billion USD.
- Hitachi Ltd (PINK:HTHIF): Ranked #238 globally with a market cap of $86.13 Billion USD.
- 3M Company (NYSE:MMM): Ranked #261 globally with a market cap of $78.85 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #128 | Honeywell International Inc | NASDAQ:HON | $141.49 Billion | $234.51 |
| #194 | Mitsui & Company Ltd | PINK:MITSY | $101.34 Billion | $400.07 |
| #238 | Hitachi Ltd | PINK:HTHIF | $86.13 Billion | $20.13 |
| #261 | 3M Company | NYSE:MMM | $78.85 Billion | $149.95 |
Cangzhou Mingzhu Plastic Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Cangzhou Mingzhu Plastic Co Ltd's market cap moved from $1.52 Billion to $ 1.15 Billion, with a yearly change of -3.14%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.15 Billion | +7.76% |
| 2025 | CN¥1.07 Billion | +32.87% |
| 2024 | CN¥806.63 Million | -10.16% |
| 2023 | CN¥897.88 Million | -8.79% |
| 2022 | CN¥984.43 Million | -40.45% |
| 2021 | CN¥1.65 Billion | +48.54% |
| 2020 | CN¥1.11 Billion | +39.53% |
| 2019 | CN¥797.62 Million | -4.85% |
| 2018 | CN¥838.27 Million | -50.25% |
| 2017 | CN¥1.68 Billion | -4.52% |
| 2016 | CN¥1.76 Billion | +16.13% |
| 2015 | CN¥1.52 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Cangzhou Mingzhu Plastic Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.15 Billion USD |
| MoneyControl | $1.15 Billion USD |
| MarketWatch | $1.15 Billion USD |
| marketcap.company | $1.15 Billion USD |
| Reuters | $1.15 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.