Shenzhen MeiG Smart Technology Co Ltd (SHE:002881) — Market Cap & Net Worth

$1.50 Billion USD  · CN¥10.23 Billion CNY  · Rank #7404

Market Cap & Net Worth: Shenzhen MeiG Smart Technology Co Ltd (002881)

Shenzhen MeiG Smart Technology Co Ltd (SHE:002881) has a market capitalization of $1.50 Billion (CN¥10.23 Billion) as of May 2, 2026. Listed on the SHE stock exchange, this China-based company holds position #7404 globally and #1769 in its home market, demonstrating a -1.69% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Shenzhen MeiG Smart Technology Co Ltd's stock price CN¥39.07 by its total outstanding shares 261755700 (261.76 Million). Review Shenzhen MeiG Smart Technology Co Ltd total liabilities to assess the company's total debt and financial obligations.

Shenzhen MeiG Smart Technology Co Ltd Market Cap History: 2017 to 2026

Shenzhen MeiG Smart Technology Co Ltd's market capitalization history from 2017 to 2026. Data shows growth from $517.48 Million to $1.50 Billion (24.18% CAGR).

Shenzhen MeiG Smart Technology Co Ltd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Shenzhen MeiG Smart 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

0.39x

Shenzhen MeiG Smart Technology Co Ltd's market cap is 0.39 times its annual revenue

Industry average: 1.32x Lower than industry average

Latest Price to Earnings (P/E) Ratio

8.46x

Shenzhen MeiG Smart Technology Co Ltd's market cap is 8.46 times its annual earnings

Industry average: 8.72x Lower than industry average

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 $517.48 Million $642.47 Million $56.29 Million 0.81x 9.19x
2018 $516.92 Million $989.83 Million $46.66 Million 0.52x 11.08x
2019 $774.79 Million $932.84 Million $24.45 Million 0.83x 31.68x
2020 $576.52 Million $1.12 Billion $27.44 Million 0.51x 21.01x
2021 $1.25 Billion $1.97 Billion $118.14 Million 0.63x 10.56x
2022 $1.02 Billion $2.31 Billion $127.84 Million 0.44x 7.95x
2023 $1.03 Billion $2.15 Billion $64.51 Million 0.48x 15.99x
2024 $1.15 Billion $2.94 Billion $135.57 Million 0.39x 8.46x

Competitor Companies of 002881 by Market Capitalization

Companies near Shenzhen MeiG Smart Technology Co Ltd in the global market cap rankings as of May 2, 2026.

Key companies related to Shenzhen MeiG Smart Technology Co Ltd by market ranking:

  • Cisco Systems Inc (NASDAQ:CSCO): Ranked #47 globally with a market cap of $309.49 Billion USD.
  • Foxconn Industrial Internet Co Ltd (SHG:601138): Ranked #115 globally with a market cap of $182.59 Billion USD ( CN¥1.25 Trillion CNY).
  • Shandong Zhongji Electrical Equipment Co Ltd (SHE:300308): Ranked #162 globally with a market cap of $139.42 Billion USD ( CN¥952.78 Billion CNY).
  • Eoptolink Technology Inc Ltd (SHE:300502): Ranked #345 globally with a market cap of $76.48 Billion USD ( CN¥522.64 Billion CNY).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#47 Cisco Systems Inc NASDAQ:CSCO $309.49 Billion $91.85
#115 Foxconn Industrial Internet Co Ltd SHG:601138 $182.59 Billion CN¥62.88
#162 Shandong Zhongji Electrical Equipment Co Ltd SHE:300308 $139.42 Billion CN¥857.50
#345 Eoptolink Technology Inc Ltd SHE:300502 $76.48 Billion CN¥525.79

Shenzhen MeiG Smart Technology Co Ltd Historical Marketcap From 2017 to 2026

Between 2017 and today, Shenzhen MeiG Smart Technology Co Ltd's market cap moved from $517.48 Million to $ 1.50 Billion, with a yearly change of 24.18%.

Year Market Cap Change (%)
2026 CN¥1.50 Billion -12.32%
2025 CN¥1.71 Billion +48.73%
2024 CN¥1.15 Billion +11.26%
2023 CN¥1.03 Billion +1.55%
2022 CN¥1.02 Billion -18.62%
2021 CN¥1.25 Billion +116.48%
2020 CN¥576.52 Million -25.59%
2019 CN¥774.79 Million +49.89%
2018 CN¥516.92 Million -0.11%
2017 CN¥517.48 Million --

End of Day Market Cap According to Different Sources

On May 2nd, 2026 the market cap of Shenzhen MeiG Smart Technology Co Ltd was reported to be:

Source Market Cap
Yahoo Finance $1.50 Billion USD
MoneyControl $1.50 Billion USD
MarketWatch $1.50 Billion USD
marketcap.company $1.50 Billion USD
Reuters $1.50 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Shenzhen MeiG Smart Technology Co Ltd

SHE:002881 China Communication Equipment
Market Cap
$1.50 Billion
CN¥10.23 Billion CNY
Market Cap Rank
#7404 Global
#1769 in China
Share Price
CN¥39.07
Change (1 day)
+0.64%
52-Week Range
CN¥35.90 - CN¥58.97
All Time High
CN¥71.29
About

MeiG Smart Technology Co., Ltd. engages in the research and development, production, and sale of wireless communication modules and Internet of Things solutions in China and internationally. Its products include 5G smart, 5G and 4G LTE, AI computing, automotive, smart, LPWA, and GNSS modules; and wireless data solutions for use in smart positioning and tracking, payment methods for retailers, bli… Read more