Guangdong Haomei New Material Co Lt (SHE:002988) — Market Cap & Net Worth
Market Cap & Net Worth: Guangdong Haomei New Material Co Lt (002988)
Guangdong Haomei New Material Co Lt (SHE:002988) has a market capitalization of $740.49 Million (CN¥5.06 Billion) as of August 1, 2026. Listed on the SHE stock exchange, this China-based company holds position #10089 globally and #2613 in its home market, demonstrating a 3.53% increase 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¥20.26 by its total outstanding shares 249771428 (249.77 Million). See 002988 capex reinvestment rate to understand how much of operating cash flow is reinvested back into capital assets.
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 $511.59 Million to $740.49 Million (4.93% 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
0.12x
Guangdong Haomei New Material Co Lt's market cap is 0.12 times its annual revenue
Latest Price to Earnings (P/E) Ratio
3.70x
Guangdong Haomei New Material Co Lt's market cap is 3.70 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 |
|---|---|---|---|---|---|
| 2020 | $511.59 Million | $3.44 Billion | $115.93 Million | 0.15x | 4.41x |
| 2021 | $724.94 Million | $5.60 Billion | $139.15 Million | 0.13x | 5.21x |
| 2022 | $478.98 Million | $5.41 Billion | -$111.42 Million | 0.09x | N/A |
| 2023 | $856.42 Million | $5.99 Billion | $181.30 Million | 0.14x | 4.72x |
| 2024 | $773.75 Million | $6.67 Billion | $209.40 Million | 0.12x | 3.70x |
Competitor Companies of 002988 by Market Capitalization
Companies near Guangdong Haomei New Material Co Lt in the global market cap rankings as of August 1, 2026.
Key companies related to Guangdong Haomei New Material Co Lt by market ranking:
- Shandong Hongchuang Aluminum Industry Holding Co Ltd (SHE:002379): Ranked #677 globally with a market cap of $39.61 Billion USD ( CN¥270.66 Billion CNY).
- China Hongqiao Group Ltd (F:H0Q): Ranked #879 globally with a market cap of $30.43 Billion USD ( €26.03 Billion EUR).
- Hindalco Industries Limited (NSE:HINDALCO): Ranked #1114 globally with a market cap of $23.57 Billion USD ( Rs2.18 Trillion INR).
- Aluminum Corp of China Ltd (SHG:601600): Ranked #1358 globally with a market cap of $18.50 Billion USD ( CN¥126.43 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #677 | Shandong Hongchuang Aluminum Industry Holding Co Ltd | SHE:002379 | $39.61 Billion | CN¥20.77 |
| #879 | China Hongqiao Group Ltd | F:H0Q | $30.43 Billion | €2.64 |
| #1114 | Hindalco Industries Limited | NSE:HINDALCO | $23.57 Billion | Rs974.45 |
| #1358 | Aluminum Corp of China Ltd | SHG:601600 | $18.50 Billion | CN¥9.57 |
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 $511.59 Million to $ 740.49 Million, with a yearly change of 4.93%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥740.49 Million | -44.95% |
| 2025 | CN¥1.35 Billion | +73.83% |
| 2024 | CN¥773.75 Million | -9.65% |
| 2023 | CN¥856.42 Million | +78.80% |
| 2022 | CN¥478.98 Million | -33.93% |
| 2021 | CN¥724.94 Million | +41.70% |
| 2020 | CN¥511.59 Million | -- |
End of Day Market Cap According to Different Sources
On Aug 1st, 2026 the market cap of Guangdong Haomei New Material Co Lt was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $740.49 Million USD |
| MoneyControl | $740.49 Million USD |
| MarketWatch | $740.49 Million USD |
| marketcap.company | $740.49 Million USD |
| Reuters | $740.49 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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