Ningxia Qinglong Pipes Industry Co Ltd (SHE:002457) — Market Cap & Net Worth
Market Cap & Net Worth: Ningxia Qinglong Pipes Industry Co Ltd (002457)
Ningxia Qinglong Pipes Industry Co Ltd (SHE:002457) has a market capitalization of $563.15 Million (CN¥3.85 Billion) as of May 4, 2026. Listed on the SHE stock exchange, this China-based company holds position #11922 globally and #3665 in its home market, demonstrating a 2.40% increase 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¥11.54 by its total outstanding shares 333486800 (333.49 Million). Analyse 002457 cash flow conversion to see how efficiently the company converts income to cash.
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 $574.48 Million to $563.15 Million (0.34% 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
0.20x
Ningxia Qinglong Pipes Industry Co Ltd's market cap is 0.20 times its annual revenue
Latest Price to Earnings (P/E) Ratio
2.11x
Ningxia Qinglong Pipes Industry Co Ltd's market cap is 2.11 times its annual earnings
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 | $574.48 Million | $818.85 Million | $48.55 Million | 0.70x | 11.83x |
| 2016 | $498.52 Million | $825.48 Million | $21.21 Million | 0.60x | 23.51x |
| 2017 | $504.12 Million | $1.21 Billion | $19.27 Million | 0.42x | 26.16x |
| 2018 | $348.90 Million | $1.45 Billion | $73.80 Million | 0.24x | 4.73x |
| 2019 | $356.19 Million | $2.00 Billion | $156.84 Million | 0.18x | 2.27x |
| 2020 | $333.32 Million | $2.06 Billion | $167.47 Million | 0.16x | 1.99x |
| 2021 | $382.92 Million | $2.44 Billion | $143.04 Million | 0.16x | 2.68x |
| 2022 | $376.02 Million | $2.57 Billion | $168.22 Million | 0.15x | 2.24x |
| 2023 | $447.91 Million | $2.06 Billion | $24.87 Million | 0.22x | 18.01x |
| 2024 | $566.08 Million | $2.82 Billion | $267.72 Million | 0.20x | 2.11x |
Competitor Companies of 002457 by Market Capitalization
Companies near Ningxia Qinglong Pipes Industry Co Ltd in the global market cap rankings as of May 4, 2026.
Key companies related to Ningxia Qinglong Pipes Industry Co Ltd by market ranking:
- Trane Technologies plc (NYSE:TT): Ranked #234 globally with a market cap of $103.17 Billion USD.
- Trane Technologies plc (F:2IS): Ranked #295 globally with a market cap of $87.59 Billion USD ( €74.92 Billion EUR).
- Johnson Controls International PLC (NYSE:JCI): Ranked #298 globally with a market cap of $86.82 Billion USD.
- Carrier Global Corp (NYSE:CARR): Ranked #518 globally with a market cap of $51.37 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #234 | Trane Technologies plc | NYSE:TT | $103.17 Billion | $486.48 |
| #295 | Trane Technologies plc | F:2IS | $87.59 Billion | €419.30 |
| #298 | Johnson Controls International PLC | NYSE:JCI | $86.82 Billion | $145.08 |
| #518 | Carrier Global Corp | NYSE:CARR | $51.37 Billion | $67.62 |
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 $574.48 Million to $ 563.15 Million, with a yearly change of 0.34%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥563.15 Million | +5.58% |
| 2025 | CN¥533.38 Million | -5.78% |
| 2024 | CN¥566.08 Million | +26.38% |
| 2023 | CN¥447.91 Million | +19.12% |
| 2022 | CN¥376.02 Million | -1.80% |
| 2021 | CN¥382.92 Million | +14.88% |
| 2020 | CN¥333.32 Million | -6.42% |
| 2019 | CN¥356.19 Million | +2.09% |
| 2018 | CN¥348.90 Million | -30.79% |
| 2017 | CN¥504.12 Million | +1.12% |
| 2016 | CN¥498.52 Million | -13.22% |
| 2015 | CN¥574.48 Million | -- |
End of Day Market Cap According to Different Sources
On May 4th, 2026 the market cap of Ningxia Qinglong Pipes Industry Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $563.15 Million USD |
| MoneyControl | $563.15 Million USD |
| MarketWatch | $563.15 Million USD |
| marketcap.company | $563.15 Million USD |
| Reuters | $563.15 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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