New Hope Dairy Co Ltd (SHE:002946) — Market Cap & Net Worth
Market Cap & Net Worth: New Hope Dairy Co Ltd (002946)
New Hope Dairy Co Ltd (SHE:002946) has a market capitalization of $1.82 Billion (CN¥12.43 Billion) as of September 19, 2026. Listed on the SHE stock exchange, this China-based company holds position #6547 globally and #1321 in its home market, demonstrating a -1.70% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying New Hope Dairy Co Ltd's stock price CN¥14.44 by its total outstanding shares 860677197 (860.68 Million). Also see 002946 total asset value for a full breakdown of the balance sheet.
New Hope Dairy Co Ltd Market Cap History: 2019 to 2026
New Hope Dairy Co Ltd's market capitalization history from 2019 to 2026. Data shows growth from $1.52 Billion to $1.82 Billion (8.88% CAGR). Also see 002946 cash flow conversion for how efficiently the company converts equity into cash flow.
New Hope Dairy Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how New Hope Dairy 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. Check 002946 live share price for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.17x
New Hope Dairy Co Ltd's market cap is 0.17 times its annual revenue
Latest Price to Earnings (P/E) Ratio
3.40x
New Hope Dairy Co Ltd's market cap is 3.40 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 |
|---|---|---|---|---|---|
| 2019 | $1.52 Billion | $5.67 Billion | $243.73 Million | 0.27x | 6.25x |
| 2020 | $2.14 Billion | $6.75 Billion | $270.98 Million | 0.32x | 7.91x |
| 2021 | $1.95 Billion | $8.97 Billion | $312.26 Million | 0.22x | 6.24x |
| 2022 | $1.63 Billion | $10.01 Billion | $361.23 Million | 0.16x | 4.50x |
| 2023 | $1.42 Billion | $10.99 Billion | $430.83 Million | 0.13x | 3.29x |
| 2024 | $1.83 Billion | $10.67 Billion | $537.69 Million | 0.17x | 3.40x |
Competitor Companies of 002946 by Market Capitalization
Companies near New Hope Dairy Co Ltd in the global market cap rankings as of September 19, 2026. Review 002946 intangible-adjusted equity ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to New Hope Dairy Co Ltd by market ranking:
- Nestlé S.A (F:NESM): Ranked #90 globally with a market cap of $224.33 Billion USD ( €191.89 Billion EUR).
- Nestle S.A. (SW:NESN): Ranked #105 globally with a market cap of $199.45 Billion USD ( CHF157.76 Billion CHF).
- Danone SA (PA:BN): Ranked #601 globally with a market cap of $45.58 Billion USD ( €38.99 Billion EUR).
- Danone SA (F:BSND): Ranked #698 globally with a market cap of $39.61 Billion USD ( €33.88 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #90 | Nestlé S.A | F:NESM | $224.33 Billion | €80.40 |
| #105 | Nestle S.A. | SW:NESN | $199.45 Billion | CHF76.27 |
| #601 | Danone SA | PA:BN | $45.58 Billion | €60.54 |
| #698 | Danone SA | F:BSND | $39.61 Billion | €11.80 |
New Hope Dairy Co Ltd Historical Marketcap From 2019 to 2026
Between 2019 and today, New Hope Dairy Co Ltd's market cap moved from $1.52 Billion to $ 1.82 Billion, with a yearly change of 8.88%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.82 Billion | -22.07% |
| 2025 | CN¥2.33 Billion | +27.71% |
| 2024 | CN¥1.83 Billion | +28.73% |
| 2023 | CN¥1.42 Billion | -12.76% |
| 2022 | CN¥1.63 Billion | -16.48% |
| 2021 | CN¥1.95 Billion | -9.08% |
| 2020 | CN¥2.14 Billion | +40.58% |
| 2019 | CN¥1.52 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 19th, 2026 the market cap of New Hope Dairy Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.82 Billion USD |
| MoneyControl | $1.82 Billion USD |
| MarketWatch | $1.82 Billion USD |
| marketcap.company | $1.82 Billion USD |
| Reuters | $1.82 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About New Hope Dairy Co Ltd
New Hope Dairy Co., Ltd. produces and sells dairy products in China. It offers pasteurized milk, ultra-high temperature milk, formulated milk, fermented milk, and other dairy products, as well as involved in food trading, dairy cattle breeding, and other businesses. New Hope Dairy Co., Ltd. was founded in 2006 and is based in Chengdu, China. New Hope Dairy Co., Ltd. operates as a subsidiary of UN… Read more