Shenzhen Topraysolar Co Ltd (SHE:002218) — Market Cap & Net Worth

$845.69 Million USD  · CN¥5.78 Billion CNY  · Rank #9807

Market Cap & Net Worth: Shenzhen Topraysolar Co Ltd (002218)

Shenzhen Topraysolar Co Ltd (SHE:002218) has a market capitalization of $845.69 Million (CN¥5.78 Billion) as of June 19, 2026. Listed on the SHE stock exchange, this China-based company holds position #9807 globally and #2606 in its home market, demonstrating a -5.10% 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¥4.09 by its total outstanding shares 1413020549 (1.41 Billion). Review Shenzhen Topraysolar Co Ltd total liabilities to assess the company's total debt and financial obligations.

Shenzhen Topraysolar Co Ltd Market Cap History: 2015 to 2026

Shenzhen Topraysolar Co Ltd's market capitalization history from 2015 to 2026. Data shows change from $1.08 Billion to $845.69 Million (-0.65% 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

0.62x

Shenzhen Topraysolar Co Ltd's market cap is 0.62 times its annual revenue

Industry average: 0.61x Higher than industry average

Latest Price to Earnings (P/E) Ratio

76.09x

Shenzhen Topraysolar Co Ltd's market cap is 76.09 times its annual earnings

Industry average: 16.58x 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 $1.08 Billion $727.99 Million $31.06 Million 1.48x 34.80x
2016 $888.18 Million $1.14 Billion $128.71 Million 0.78x 6.90x
2017 $1.04 Billion $1.51 Billion $163.16 Million 0.69x 6.39x
2018 $551.50 Million $1.12 Billion $88.91 Million 0.49x 6.20x
2019 $601.62 Million $1.05 Billion $77.94 Million 0.57x 7.72x
2020 $1.05 Billion $1.36 Billion $161.41 Million 0.77x 6.50x
2021 $1.37 Billion $1.42 Billion $195.45 Million 0.96x 7.01x
2022 $985.28 Million $1.32 Billion $96.24 Million 0.74x 10.24x
2023 $925.71 Million $1.13 Billion $23.11 Million 0.82x 40.06x
2024 $820.87 Million $1.32 Billion $10.79 Million 0.62x 76.09x

Competitor Companies of 002218 by Market Capitalization

Companies near Shenzhen Topraysolar Co Ltd in the global market cap rankings as of June 19, 2026.

Key companies related to Shenzhen Topraysolar Co Ltd by market ranking:

  • First Solar Inc (NASDAQ:FSLR): Ranked #1129 globally with a market cap of $23.63 Billion USD.
  • Nextracker Inc. Class A Common Stock (NASDAQ:NXT): Ranked #1478 globally with a market cap of $17.18 Billion USD.
  • Waaree Energies Limited (NSE:WAAREEENER): Ranked #2347 globally with a market cap of $9.54 Billion USD ( Rs881.91 Billion INR).
  • Tongwei Co Ltd (SHG:600438): Ranked #2559 globally with a market cap of $8.47 Billion USD ( CN¥57.85 Billion CNY).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#1129 First Solar Inc NASDAQ:FSLR $23.63 Billion $257.70
#1478 Nextracker Inc. Class A Common Stock NASDAQ:NXT $17.18 Billion $125.90
#2347 Waaree Energies Limited NSE:WAAREEENER $9.54 Billion Rs3065.90
#2559 Tongwei Co Ltd SHG:600438 $8.47 Billion CN¥12.85

Shenzhen Topraysolar Co Ltd Historical Marketcap From 2015 to 2026

Between 2015 and today, Shenzhen Topraysolar Co Ltd's market cap moved from $1.08 Billion to $ 845.69 Million, with a yearly change of -0.65%.

Year Market Cap Change (%)
2026 CN¥845.69 Million -5.76%
2025 CN¥897.38 Million +9.32%
2024 CN¥820.87 Million -11.32%
2023 CN¥925.71 Million -6.05%
2022 CN¥985.28 Million -28.13%
2021 CN¥1.37 Billion +30.64%
2020 CN¥1.05 Billion +74.44%
2019 CN¥601.62 Million +9.09%
2018 CN¥551.50 Million -47.10%
2017 CN¥1.04 Billion +17.39%
2016 CN¥888.18 Million -17.83%
2015 CN¥1.08 Billion --

End of Day Market Cap According to Different Sources

On Jun 19th, 2026 the market cap of Shenzhen Topraysolar Co Ltd was reported to be:

Source Market Cap
Yahoo Finance $845.69 Million USD
MoneyControl $845.69 Million USD
MarketWatch $845.69 Million USD
marketcap.company $845.69 Million USD
Reuters $845.69 Million USD

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

About Shenzhen Topraysolar Co Ltd

SHE:002218 China Solar
Market Cap
$845.69 Million
CN¥5.78 Billion CNY
Market Cap Rank
#9807 Global
#2606 in China
Share Price
CN¥4.09
Change (1 day)
-3.99%
52-Week Range
CN¥3.11 - CN¥7.96
All Time High
CN¥8.55
About

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