Shenzhen MeiG Smart Technology Co Ltd (SHE:002881) — Market Cap & Net Worth
Market Cap & Net Worth: Shenzhen MeiG Smart Technology Co Ltd (002881)
Shenzhen MeiG Smart Technology Co Ltd (SHE:002881) has a market capitalization of $1.56 Billion (CN¥10.66 Billion) as of June 16, 2026. Listed on the SHE stock exchange, this China-based company holds position #7216 globally and #1635 in its home market, demonstrating a -7.54% 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¥40.73 by its total outstanding shares 261755700 (261.76 Million). Review 002881 current and long-term 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 $1.56 Billion (24.38% 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
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
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 June 16, 2026.
Key companies related to Shenzhen MeiG Smart Technology Co Ltd by market ranking:
- Cisco Systems Inc (NASDAQ:CSCO): Ranked #52 globally with a market cap of $309.49 Billion USD.
- Foxconn Industrial Internet Co Ltd (SHG:601138): Ranked #94 globally with a market cap of $213.14 Billion USD ( CN¥1.46 Trillion CNY).
- Shandong Zhongji Electrical Equipment Co Ltd (SHE:300308): Ranked #100 globally with a market cap of $203.18 Billion USD ( CN¥1.39 Trillion CNY).
- Eoptolink Technology Inc Ltd (SHE:300502): Ranked #340 globally with a market cap of $78.62 Billion USD ( CN¥537.25 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #52 | Cisco Systems Inc | NASDAQ:CSCO | $309.49 Billion | $120.17 |
| #94 | Foxconn Industrial Internet Co Ltd | SHG:601138 | $213.14 Billion | CN¥73.40 |
| #100 | Shandong Zhongji Electrical Equipment Co Ltd | SHE:300308 | $203.18 Billion | CN¥1245.00 |
| #340 | Eoptolink Technology Inc Ltd | SHE:300502 | $78.62 Billion | CN¥540.49 |
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 $ 1.56 Billion, with a yearly change of 24.38%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.56 Billion | -8.60% |
| 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 Jun 16th, 2026 the market cap of Shenzhen MeiG Smart Technology Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.56 Billion USD |
| MoneyControl | $1.56 Billion USD |
| MarketWatch | $1.56 Billion USD |
| marketcap.company | $1.56 Billion USD |
| Reuters | $1.56 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
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