Chang Lan Electric Technology Co Ltd (SHE:002879) — Market Cap & Net Worth
Market Cap & Net Worth: Chang Lan Electric Technology Co Ltd (002879)
Chang Lan Electric Technology Co Ltd (SHE:002879) has a market capitalization of $508.07 Million (CN¥3.47 Billion) as of May 2, 2026. Listed on the SHE stock exchange, this China-based company holds position #12455 globally and #3872 in its home market, demonstrating a -17.03% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Chang Lan Electric Technology Co Ltd's stock price CN¥17.98 by its total outstanding shares 193107640 (193.11 Million). Analyse 002879 cash flow metrics to see how efficiently the company converts income to cash.
Chang Lan Electric Technology Co Ltd Market Cap History: 2017 to 2026
Chang Lan Electric Technology Co Ltd's market capitalization history from 2017 to 2026. Data shows growth from $1.04 Billion to $508.07 Million (0.74% CAGR).
Chang Lan Electric Technology Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Chang Lan Electric Technology 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
0.34x
Chang Lan Electric Technology Co Ltd's market cap is 0.34 times its annual revenue
Latest Price to Earnings (P/E) Ratio
5.69x
Chang Lan Electric Technology Co Ltd's market cap is 5.69 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 |
|---|---|---|---|---|---|
| 2017 | $1.04 Billion | $616.89 Million | $120.95 Million | 1.69x | 8.61x |
| 2018 | $347.57 Million | $694.74 Million | $128.32 Million | 0.50x | 2.71x |
| 2019 | $424.56 Million | $852.78 Million | $145.70 Million | 0.50x | 2.91x |
| 2020 | $398.00 Million | $940.58 Million | $161.60 Million | 0.42x | 2.46x |
| 2021 | $635.21 Million | $1.06 Billion | $140.38 Million | 0.60x | 4.52x |
| 2022 | $378.23 Million | $988.91 Million | $29.71 Million | 0.38x | 12.73x |
| 2023 | $444.13 Million | $1.04 Billion | $72.13 Million | 0.43x | 6.16x |
| 2024 | $425.00 Million | $1.24 Billion | $74.68 Million | 0.34x | 5.69x |
Competitor Companies of 002879 by Market Capitalization
Companies near Chang Lan Electric Technology Co Ltd in the global market cap rankings as of May 2, 2026.
Key companies related to Chang Lan Electric Technology Co Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #59 globally with a market cap of $281.23 Billion USD ( CN¥1.92 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #181 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #190 globally with a market cap of $122.86 Billion USD ( ฿3.94 Trillion THB).
- Vertiv Holdings Co (NYSE:VRT): Ranked #286 globally with a market cap of $89.72 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #59 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $281.23 Billion | CN¥436.00 |
| #181 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF78.44 |
| #190 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $122.86 Billion | ฿316.00 |
| #286 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $328.31 |
Chang Lan Electric Technology Co Ltd Historical Marketcap From 2017 to 2026
Between 2017 and today, Chang Lan Electric Technology Co Ltd's market cap moved from $1.04 Billion to $ 508.07 Million, with a yearly change of 0.74%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥508.07 Million | -3.18% |
| 2025 | CN¥524.75 Million | +23.47% |
| 2024 | CN¥425.00 Million | -4.31% |
| 2023 | CN¥444.13 Million | +17.42% |
| 2022 | CN¥378.23 Million | -40.46% |
| 2021 | CN¥635.21 Million | +59.60% |
| 2020 | CN¥398.00 Million | -6.26% |
| 2019 | CN¥424.56 Million | +22.15% |
| 2018 | CN¥347.57 Million | -66.62% |
| 2017 | CN¥1.04 Billion | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Chang Lan Electric Technology Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $508.07 Million USD |
| MoneyControl | $508.07 Million USD |
| MarketWatch | $508.07 Million USD |
| marketcap.company | $508.07 Million USD |
| Reuters | $508.07 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Chang Lan Electric Technology Co Ltd
Chang Lan Technology Group Co., Ltd. engages in the research and development, production, sale, and service of power cable accessories and supporting products in China and internationally. The company's products include cable and smart accessories; and grounding devices. It also offers cable engineering equipment comprising crimping tool, insultation exploitation knife, cable grinder, hoist, cabl… Read more