Zhejiang Meida Industrial Co Ltd (SHE:002677) — Market Cap & Net Worth
Market Cap & Net Worth: Zhejiang Meida Industrial Co Ltd (002677)
Zhejiang Meida Industrial Co Ltd (SHE:002677) has a market capitalization of $755.36 Million (CN¥5.16 Billion) as of May 4, 2026. Listed on the SHE stock exchange, this China-based company holds position #10450 globally and #3044 in its home market, demonstrating a 6.82% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Zhejiang Meida Industrial Co Ltd's stock price CN¥7.99 by its total outstanding shares 646051647 (646.05 Million). Analyse 002677 cash flow metrics to see how efficiently the company converts income to cash.
Zhejiang Meida Industrial Co Ltd Market Cap History: 2015 to 2026
Zhejiang Meida Industrial Co Ltd's market capitalization history from 2015 to 2026. Data shows change from $901.63 Million to $755.36 Million (-1.07% CAGR).
Zhejiang Meida Industrial Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Zhejiang Meida Industrial 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
0.79x
Zhejiang Meida Industrial Co Ltd's market cap is 0.79 times its annual revenue
Latest Price to Earnings (P/E) Ratio
6.28x
Zhejiang Meida Industrial Co Ltd's market cap is 6.28 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 | $901.63 Million | $517.88 Million | $155.64 Million | 1.74x | 5.79x |
| 2016 | $791.37 Million | $665.68 Million | $202.66 Million | 1.19x | 3.91x |
| 2017 | $1.17 Billion | $1.03 Billion | $305.19 Million | 1.14x | 3.83x |
| 2018 | $706.37 Million | $1.40 Billion | $377.53 Million | 0.50x | 1.87x |
| 2019 | $978.49 Million | $1.68 Billion | $460.01 Million | 0.58x | 2.13x |
| 2020 | $1.22 Billion | $1.77 Billion | $543.56 Million | 0.69x | 2.25x |
| 2021 | $1.37 Billion | $2.16 Billion | $664.68 Million | 0.63x | 2.07x |
| 2022 | $919.49 Million | $1.83 Billion | $452.15 Million | 0.50x | 2.03x |
| 2023 | $886.72 Million | $1.67 Billion | $464.29 Million | 0.53x | 1.91x |
| 2024 | $693.91 Million | $877.42 Million | $110.45 Million | 0.79x | 6.28x |
Competitor Companies of 002677 by Market Capitalization
Companies near Zhejiang Meida Industrial Co Ltd in the global market cap rankings as of May 4, 2026.
Key companies related to Zhejiang Meida Industrial Co Ltd by market ranking:
- Midea Group Co Ltd (SHE:000333): Ranked #308 globally with a market cap of $82.47 Billion USD ( CN¥563.57 Billion CNY).
- Gree Electric Appliances Inc of Zhuhai (SHE:000651): Ranked #807 globally with a market cap of $32.83 Billion USD ( CN¥224.34 Billion CNY).
- Guangdong Songfa Ceramics Co (SHG:603268): Ranked #1206 globally with a market cap of $21.24 Billion USD ( CN¥145.13 Billion CNY).
- Ningbo Deye Technology Co Ltd (SHG:605117): Ranked #1265 globally with a market cap of $20.01 Billion USD ( CN¥136.74 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #308 | Midea Group Co Ltd | SHE:000333 | $82.47 Billion | CN¥81.10 |
| #807 | Gree Electric Appliances Inc of Zhuhai | SHE:000651 | $32.83 Billion | CN¥40.05 |
| #1206 | Guangdong Songfa Ceramics Co | SHG:603268 | $21.24 Billion | CN¥149.50 |
| #1265 | Ningbo Deye Technology Co Ltd | SHG:605117 | $20.01 Billion | CN¥150.63 |
Zhejiang Meida Industrial Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Zhejiang Meida Industrial Co Ltd's market cap moved from $901.63 Million to $ 755.36 Million, with a yearly change of -1.07%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥755.36 Million | -4.31% |
| 2025 | CN¥789.39 Million | +13.76% |
| 2024 | CN¥693.91 Million | -21.74% |
| 2023 | CN¥886.72 Million | -3.56% |
| 2022 | CN¥919.49 Million | -33.04% |
| 2021 | CN¥1.37 Billion | +12.10% |
| 2020 | CN¥1.22 Billion | +25.19% |
| 2019 | CN¥978.49 Million | +38.52% |
| 2018 | CN¥706.37 Million | -39.60% |
| 2017 | CN¥1.17 Billion | +47.79% |
| 2016 | CN¥791.37 Million | -12.23% |
| 2015 | CN¥901.63 Million | -- |
End of Day Market Cap According to Different Sources
On May 4th, 2026 the market cap of Zhejiang Meida Industrial Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $755.36 Million USD |
| MoneyControl | $755.36 Million USD |
| MarketWatch | $755.36 Million USD |
| marketcap.company | $755.36 Million USD |
| Reuters | $755.36 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Zhejiang Meida Industrial Co Ltd
Zhejiang Meida Industrial Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of household kitchen appliances in China. The company offers integrated stoves, kitchen cabinets, electric steamers, integrated sinks, dishwashers, water heaters, steam and electric ovens, all-in-one steam-bake machines, all-in-one steam-bake-fryer and stew machines, and… Read more