Guangdong Haomei New Material Co Lt
Guangdong Haomei New Materials Co.,Ltd researches, develops, manufactures and sells aluminum profiles in China. The company offers automotive lightweight materials, including anti-collision beams, battery trays, shock absorber brackets, power brackets, by-frames, and motor housing products. It also offers doors and windows systems; aluminum alloy building profiles; and industrial aluminum and for… Read more
Market Cap & Net Worth: Guangdong Haomei New Material Co Lt (002988)
Guangdong Haomei New Material Co Lt (SHE:002988) has a market capitalization of $1.13 Billion (CN¥8.31 Billion) as of March 18, 2026. Listed on the SHE stock exchange, this China-based company holds position #10532 globally and #2366 in its home market, demonstrating a -1.68% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Guangdong Haomei New Material Co Lt's stock price CN¥33.27 by its total outstanding shares 249771428 (249.77 Million).
Guangdong Haomei New Material Co Lt Market Cap History: 2020 to 2026
Guangdong Haomei New Material Co Lt's market capitalization history from 2020 to 2026. Data shows growth from $476.49 Million to $1.13 Billion (14.60% CAGR).
Guangdong Haomei New Material Co Lt Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Guangdong Haomei New Material Co Lt'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
0.11x
Guangdong Haomei New Material Co Lt's market cap is 0.11 times its annual revenue
7.95x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
3.44x
Guangdong Haomei New Material Co Lt's market cap is 3.44 times its annual earnings
5.69x
Lower 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 |
|---|---|---|---|---|---|
| 2020 | $476.49 Million | $3.44 Billion | $115.93 Million | 0.14x | 4.11x |
| 2021 | $675.20 Million | $5.60 Billion | $139.15 Million | 0.12x | 4.85x |
| 2022 | $446.12 Million | $5.41 Billion | -$111.42 Million | 0.08x | N/A |
| 2023 | $797.66 Million | $5.99 Billion | $181.30 Million | 0.13x | 4.40x |
| 2024 | $720.66 Million | $6.67 Billion | $209.40 Million | 0.11x | 3.44x |
Competitor Companies of 002988 by Market Capitalization
Companies near Guangdong Haomei New Material Co Lt in the global market cap rankings as of March 18, 2026.
Key companies related to Guangdong Haomei New Material Co Lt by market ranking:
- China Hongqiao Group Limited (PINK:CHHQY): Ranked #485 globally with a market cap of $44.45 Billion USD.
- Hindalco Industries Limited (NSE:HINDALCO): Ranked #1251 globally with a market cap of $14.74 Billion USD ( ₹1.28 Trillion INR).
- Alcoa Corp (NYSE:AA): Ranked #1592 globally with a market cap of $10.77 Billion USD.
- Yunnan Aluminium Co Ltd (SHE:000807): Ranked #1766 globally with a market cap of $9.26 Billion USD ( CN¥67.97 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #485 | China Hongqiao Group Limited | PINK:CHHQY | $44.45 Billion | $19.87 |
| #1251 | Hindalco Industries Limited | NSE:HINDALCO | $14.74 Billion | ₹910.05 |
| #1592 | Alcoa Corp | NYSE:AA | $10.77 Billion | $66.60 |
| #1766 | Yunnan Aluminium Co Ltd | SHE:000807 | $9.26 Billion | CN¥33.85 |
Guangdong Haomei New Material Co Lt Historical Marketcap From 2020 to 2026
Between 2020 and today, Guangdong Haomei New Material Co Lt's market cap moved from $476.49 Million to $ 1.13 Billion, with a yearly change of 14.60%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.13 Billion | -9.59% |
| 2025 | CN¥1.25 Billion | +73.83% |
| 2024 | CN¥720.66 Million | -9.65% |
| 2023 | CN¥797.66 Million | +78.80% |
| 2022 | CN¥446.12 Million | -33.93% |
| 2021 | CN¥675.20 Million | +41.70% |
| 2020 | CN¥476.49 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Guangdong Haomei New Material Co Lt was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.13 Billion USD |
| MoneyControl | $1.13 Billion USD |
| MarketWatch | $1.13 Billion USD |
| marketcap.company | $1.13 Billion USD |
| Reuters | $1.13 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.