Shenzhen Megmeet Electrical Co Ltd
Shenzhen Megmeet Electrical Co., LTD operates as an electrical automation company in China. The company offers power solutions, including datacenter power solutions; LED, enclosed, display, telecom, high-voltage microwave, and electric and laser power supply solutions; and PV and ESS charging, and bi-directional inverters for portable power stations. It also provides industrial automation product… Read more
Market Cap & Net Worth: Shenzhen Megmeet Electrical Co Ltd (002851)
Shenzhen Megmeet Electrical Co Ltd (SHE:002851) has a market capitalization of $9.30 Billion (CN¥68.26 Billion) as of March 18, 2026. Listed on the SHE stock exchange, this China-based company holds position #2434 globally and #154 in its home market, demonstrating a -8.55% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Shenzhen Megmeet Electrical Co Ltd's stock price CN¥117.38 by its total outstanding shares 581495412 (581.50 Million).
Shenzhen Megmeet Electrical Co Ltd Market Cap History: 2017 to 2026
Shenzhen Megmeet Electrical Co Ltd's market capitalization history from 2017 to 2026. Data shows change from $1.17 Billion to $9.30 Billion (-63.13% CAGR).
Shenzhen Megmeet Electrical Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Shenzhen Megmeet Electrical 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
0.60x
Shenzhen Megmeet Electrical Co Ltd's market cap is 0.60 times its annual revenue
0.29x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
11.17x
Shenzhen Megmeet Electrical Co Ltd's market cap is 11.17 times its annual earnings
1.64x
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 |
|---|---|---|---|---|---|
| 2017 | $1.17 Billion | $1.49 Billion | $117.05 Million | 0.78x | 9.96x |
| 2018 | $1.08 Billion | $2.39 Billion | $202.10 Million | 0.45x | 5.36x |
| 2019 | $1.60 Billion | $3.56 Billion | $361.09 Million | 0.45x | 4.42x |
| 2020 | $2.64 Billion | $3.38 Billion | $402.97 Million | 0.78x | 6.55x |
| 2021 | $2.50 Billion | $4.16 Billion | $388.85 Million | 0.60x | 6.42x |
| 2022 | $2.04 Billion | $5.48 Billion | $472.70 Million | 0.37x | 4.31x |
| 2023 | $1.93 Billion | $6.75 Billion | $629.32 Million | 0.29x | 3.07x |
| 2024 | $4.87 Billion | $8.17 Billion | $436.12 Million | 0.60x | 11.17x |
Competitor Companies of 002851 by Market Capitalization
Companies near Shenzhen Megmeet Electrical Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Shenzhen Megmeet Electrical Co Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #156 globally with a market cap of $119.93 Billion USD ( CN¥879.97 Billion CNY).
- Vertiv Holdings Co (NYSE:VRT): Ranked #222 globally with a market cap of $89.72 Billion USD.
- ABB Ltd (PINK:ABBNY): Ranked #242 globally with a market cap of $85.22 Billion USD.
- VERTIV HOL.CL A DL-0001 (F:49V): Ranked #370 globally with a market cap of $59.06 Billion USD ( €57.54 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #156 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $119.93 Billion | CN¥408.40 |
| #222 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $264.74 |
| #242 | ABB Ltd | PINK:ABBNY | $85.22 Billion | $46.91 |
| #370 | VERTIV HOL.CL A DL-0001 | F:49V | $59.06 Billion | €232.40 |
Shenzhen Megmeet Electrical Co Ltd Historical Marketcap From 2017 to 2026
Between 2017 and today, Shenzhen Megmeet Electrical Co Ltd's market cap moved from $1.17 Billion to $ 9.30 Billion, with a yearly change of -63.13%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥9.30 Billion | +30.32% |
| 2025 | CN¥7.14 Billion | +46.55% |
| 2024 | CN¥4.87 Billion | +152.12% |
| 2023 | CN¥1.93 Billion | -5.08% |
| 2022 | CN¥2.04 Billion | -18.43% |
| 2021 | CN¥2.50 Billion | -5.50% |
| 2020 | CN¥2.64 Billion | +65.43% |
| 2019 | CN¥1.60 Billion | +47.25% |
| 2018 | CN¥1.08 Billion | -7.03% |
| 2017 | CN¥1.17 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Shenzhen Megmeet Electrical Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $9.30 Billion USD |
| MoneyControl | $9.30 Billion USD |
| MarketWatch | $9.30 Billion USD |
| marketcap.company | $9.30 Billion USD |
| Reuters | $9.30 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.