Shenzhen Topraysolar Co Ltd
SHENZHEN TOPRAYSOLAR Co.,Ltd. engages in research, development, production, and sale of solar chips and components in China. It also offers solar power supplies, application products, photovoltaic glass and brackets, and collector plates, as well as water heater systems; designs, installs, and sells, solar hot water projects, solar power station, and wind power projects. In addition, the company … Read more
Market Cap & Net Worth: Shenzhen Topraysolar Co Ltd (002218)
Shenzhen Topraysolar Co Ltd (SHE:002218) has a market capitalization of $1.15 Billion (CN¥8.41 Billion) as of March 19, 2026. Listed on the SHE stock exchange, this China-based company holds position #9019 globally and #1807 in its home market, demonstrating a -10.79% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Shenzhen Topraysolar Co Ltd's stock price CN¥5.95 by its total outstanding shares 1413020549 (1.41 Billion).
Shenzhen Topraysolar Co Ltd Market Cap History: 2015 to 2026
Shenzhen Topraysolar Co Ltd's market capitalization history from 2015 to 2026. Data shows growth from $1.01 Billion to $1.15 Billion (2.97% CAGR).
Shenzhen Topraysolar Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Shenzhen Topraysolar 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
0.58x
Shenzhen Topraysolar Co Ltd's market cap is 0.58 times its annual revenue
0.20x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
70.87x
Shenzhen Topraysolar Co Ltd's market cap is 70.87 times its annual earnings
6.28x
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 | $1.01 Billion | $727.99 Million | $31.06 Million | 1.38x | 32.41x |
| 2016 | $827.24 Million | $1.14 Billion | $128.71 Million | 0.72x | 6.43x |
| 2017 | $971.08 Million | $1.51 Billion | $163.16 Million | 0.64x | 5.95x |
| 2018 | $513.65 Million | $1.12 Billion | $88.91 Million | 0.46x | 5.78x |
| 2019 | $560.34 Million | $1.05 Billion | $77.94 Million | 0.53x | 7.19x |
| 2020 | $977.47 Million | $1.36 Billion | $161.41 Million | 0.72x | 6.06x |
| 2021 | $1.28 Billion | $1.42 Billion | $195.45 Million | 0.90x | 6.53x |
| 2022 | $917.67 Million | $1.32 Billion | $96.24 Million | 0.69x | 9.53x |
| 2023 | $862.19 Million | $1.13 Billion | $23.11 Million | 0.77x | 37.31x |
| 2024 | $764.55 Million | $1.32 Billion | $10.79 Million | 0.58x | 70.87x |
Competitor Companies of 002218 by Market Capitalization
Companies near Shenzhen Topraysolar Co Ltd in the global market cap rankings as of March 19, 2026.
Key companies related to Shenzhen Topraysolar Co Ltd by market ranking:
- First Solar Inc (NASDAQ:FSLR): Ranked #971 globally with a market cap of $20.06 Billion USD.
- Nextracker Inc. Class A Common Stock (NASDAQ:NXT): Ranked #1129 globally with a market cap of $17.04 Billion USD.
- Tongwei Co Ltd (SHG:600438): Ranked #2450 globally with a market cap of $5.96 Billion USD ( CN¥43.70 Billion CNY).
- Enphase Energy Inc (NASDAQ:ENPH): Ranked #2644 globally with a market cap of $5.36 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #971 | First Solar Inc | NASDAQ:FSLR | $20.06 Billion | $197.81 |
| #1129 | Nextracker Inc. Class A Common Stock | NASDAQ:NXT | $17.04 Billion | $115.38 |
| #2450 | Tongwei Co Ltd | SHG:600438 | $5.96 Billion | CN¥19.32 |
| #2644 | Enphase Energy Inc | NASDAQ:ENPH | $5.36 Billion | $43.28 |
Shenzhen Topraysolar Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Shenzhen Topraysolar Co Ltd's market cap moved from $1.01 Billion to $ 1.15 Billion, with a yearly change of 2.97%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.15 Billion | +37.10% |
| 2025 | CN¥835.81 Million | +9.32% |
| 2024 | CN¥764.55 Million | -11.32% |
| 2023 | CN¥862.19 Million | -6.05% |
| 2022 | CN¥917.67 Million | -28.13% |
| 2021 | CN¥1.28 Billion | +30.64% |
| 2020 | CN¥977.47 Million | +74.44% |
| 2019 | CN¥560.34 Million | +9.09% |
| 2018 | CN¥513.65 Million | -47.10% |
| 2017 | CN¥971.08 Million | +17.39% |
| 2016 | CN¥827.24 Million | -17.83% |
| 2015 | CN¥1.01 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 19th, 2026 the market cap of Shenzhen Topraysolar 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.