Ningxia Qinglong Pipes Industry Co Ltd
Qinglong Pipes Industry Group Co., Ltd, together with its subsidiaries, engages in the research and development, production, and sale of water pipelines and related products in China. The company offers concrete pipes and products, such as prestressed steel cylinder concrete pipes, reinforced wound steel cylinder concrete pipes, prestressed concrete pipes, reinforced concrete drainage pipes, rein… Read more
Market Cap & Net Worth: Ningxia Qinglong Pipes Industry Co Ltd (002457)
Ningxia Qinglong Pipes Industry Co Ltd (SHE:002457) has a market capitalization of $541.78 Million (CN¥3.98 Billion) as of March 18, 2026. Listed on the SHE stock exchange, this China-based company holds position #11527 globally and #2718 in its home market, demonstrating a -12.55% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Ningxia Qinglong Pipes Industry Co Ltd's stock price CN¥11.92 by its total outstanding shares 333486800 (333.49 Million).
Ningxia Qinglong Pipes Industry Co Ltd Market Cap History: 2015 to 2026
Ningxia Qinglong Pipes Industry Co Ltd's market capitalization history from 2015 to 2026. Data shows growth from $535.06 Million to $541.78 Million (0.65% CAGR).
Ningxia Qinglong Pipes Industry Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Ningxia Qinglong Pipes Industry 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
0.19x
Ningxia Qinglong Pipes Industry Co Ltd's market cap is 0.19 times its annual revenue
0.18x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
1.97x
Ningxia Qinglong Pipes Industry Co Ltd's market cap is 1.97 times its annual earnings
9.15x
Lower 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 | $535.06 Million | $818.85 Million | $48.55 Million | 0.65x | 11.02x |
| 2016 | $464.32 Million | $825.48 Million | $21.21 Million | 0.56x | 21.89x |
| 2017 | $469.53 Million | $1.21 Billion | $19.27 Million | 0.39x | 24.37x |
| 2018 | $324.96 Million | $1.45 Billion | $73.80 Million | 0.22x | 4.40x |
| 2019 | $331.75 Million | $2.00 Billion | $156.84 Million | 0.17x | 2.12x |
| 2020 | $310.45 Million | $2.06 Billion | $167.47 Million | 0.15x | 1.85x |
| 2021 | $356.65 Million | $2.44 Billion | $143.04 Million | 0.15x | 2.49x |
| 2022 | $350.22 Million | $2.57 Billion | $168.22 Million | 0.14x | 2.08x |
| 2023 | $417.17 Million | $2.06 Billion | $24.87 Million | 0.20x | 16.77x |
| 2024 | $527.23 Million | $2.82 Billion | $267.72 Million | 0.19x | 1.97x |
Competitor Companies of 002457 by Market Capitalization
Companies near Ningxia Qinglong Pipes Industry Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Ningxia Qinglong Pipes Industry Co Ltd by market ranking:
- Trane Technologies plc (NYSE:TT): Ranked #216 globally with a market cap of $93.90 Billion USD.
- Johnson Controls International PLC (NYSE:JCI): Ranked #280 globally with a market cap of $75.00 Billion USD.
- Compagnie de Saint-Gobain S.A (PINK:CODGF): Ranked #428 globally with a market cap of $51.28 Billion USD.
- Carrier Global Corp (NYSE:CARR): Ranked #484 globally with a market cap of $44.65 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #216 | Trane Technologies plc | NYSE:TT | $93.90 Billion | $425.36 |
| #280 | Johnson Controls International PLC | NYSE:JCI | $75.00 Billion | $132.56 |
| #428 | Compagnie de Saint-Gobain S.A | PINK:CODGF | $51.28 Billion | $112.55 |
| #484 | Carrier Global Corp | NYSE:CARR | $44.65 Billion | $56.98 |
Ningxia Qinglong Pipes Industry Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Ningxia Qinglong Pipes Industry Co Ltd's market cap moved from $535.06 Million to $ 541.78 Million, with a yearly change of 0.65%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥541.78 Million | +9.06% |
| 2025 | CN¥496.78 Million | -5.78% |
| 2024 | CN¥527.23 Million | +26.38% |
| 2023 | CN¥417.17 Million | +19.12% |
| 2022 | CN¥350.22 Million | -1.80% |
| 2021 | CN¥356.65 Million | +14.88% |
| 2020 | CN¥310.45 Million | -6.42% |
| 2019 | CN¥331.75 Million | +2.09% |
| 2018 | CN¥324.96 Million | -30.79% |
| 2017 | CN¥469.53 Million | +1.12% |
| 2016 | CN¥464.32 Million | -13.22% |
| 2015 | CN¥535.06 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Ningxia Qinglong Pipes Industry Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $541.78 Million USD |
| MoneyControl | $541.78 Million USD |
| MarketWatch | $541.78 Million USD |
| marketcap.company | $541.78 Million USD |
| Reuters | $541.78 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.