Hiconics Drive Tech Co
Hiconics Eco-energy Technology Co., Ltd. engages in the industrial control, residential energy storage, and distributed PV EPC businesses in China and internationally. It operates through the Inverter, Photovoltaic EPC, Household Energy Storage, and Others segments. The company offers photovoltaic solutions, including residential, commercial, and industrial photovoltaic solutions; Midea PV grid-c… Read more
Market Cap & Net Worth: Hiconics Drive Tech Co (300048)
Hiconics Drive Tech Co (SHE:300048) has a market capitalization of $1.21 Billion (CN¥8.86 Billion) as of March 18, 2026. Listed on the SHE stock exchange, this China-based company holds position #7732 globally and #1367 in its home market, demonstrating a -0.25% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Hiconics Drive Tech Co's stock price CN¥7.85 by its total outstanding shares 1128297357 (1.13 Billion).
Hiconics Drive Tech Co Market Cap History: 2015 to 2026
Hiconics Drive Tech Co's market capitalization history from 2015 to 2026. Data shows growth from $1.14 Billion to $1.21 Billion (4.72% CAGR).
Hiconics Drive Tech Co Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Hiconics Drive Tech Co'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
0.16x
Hiconics Drive Tech Co's market cap is 0.16 times its annual revenue
0.29x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
75.27x
Hiconics Drive Tech Co's market cap is 75.27 times its annual earnings
1.64x
Higher 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 |
|---|---|---|---|---|---|
| 2015 | $1.14 Billion | $807.52 Million | $51.92 Million | 1.42x | 22.04x |
| 2016 | $891.11 Million | $1.42 Billion | $178.95 Million | 0.63x | 4.98x |
| 2017 | $583.43 Million | $1.35 Billion | $67.60 Million | 0.43x | 8.63x |
| 2018 | $367.53 Million | $1.21 Billion | -$237.10 Million | 0.30x | N/A |
| 2019 | $370.60 Million | $1.30 Billion | $23.14 Million | 0.28x | 16.01x |
| 2020 | $739.67 Million | $1.26 Billion | -$515.02 Million | 0.59x | N/A |
| 2021 | $1.10 Billion | $1.20 Billion | $50.26 Million | 0.91x | 21.85x |
| 2022 | $747.36 Million | $1.42 Billion | $25.64 Million | 0.52x | 29.14x |
| 2023 | $778.11 Million | $1.49 Billion | -$220.13 Million | 0.52x | N/A |
| 2024 | $775.04 Million | $4.78 Billion | $10.30 Million | 0.16x | 75.27x |
Competitor Companies of 300048 by Market Capitalization
Companies near Hiconics Drive Tech Co in the global market cap rankings as of March 18, 2026.
Key companies related to Hiconics Drive Tech Co by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #156 globally with a market cap of $119.93 Billion USD ( CN¥879.97 Billion CNY).
- Vertiv Holdings Co (NYSE:VRT): Ranked #222 globally with a market cap of $89.72 Billion USD.
- ABB Ltd (PINK:ABBNY): Ranked #242 globally with a market cap of $85.22 Billion USD.
- VERTIV HOL.CL A DL-0001 (F:49V): Ranked #370 globally with a market cap of $59.06 Billion USD ( €57.54 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #156 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $119.93 Billion | CN¥408.40 |
| #222 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $264.74 |
| #242 | ABB Ltd | PINK:ABBNY | $85.22 Billion | $46.91 |
| #370 | VERTIV HOL.CL A DL-0001 | F:49V | $59.06 Billion | €232.40 |
Hiconics Drive Tech Co Historical Marketcap From 2015 to 2026
Between 2015 and today, Hiconics Drive Tech Co's market cap moved from $1.14 Billion to $ 1.21 Billion, with a yearly change of 4.72%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.21 Billion | +31.93% |
| 2025 | CN¥914.97 Million | +18.06% |
| 2024 | CN¥775.04 Million | -0.40% |
| 2023 | CN¥778.11 Million | +4.12% |
| 2022 | CN¥747.36 Million | -31.93% |
| 2021 | CN¥1.10 Billion | +48.44% |
| 2020 | CN¥739.67 Million | +99.59% |
| 2019 | CN¥370.60 Million | +0.84% |
| 2018 | CN¥367.53 Million | -37.01% |
| 2017 | CN¥583.43 Million | -34.53% |
| 2016 | CN¥891.11 Million | -22.13% |
| 2015 | CN¥1.14 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Hiconics Drive Tech Co was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.21 Billion USD |
| MoneyControl | $1.21 Billion USD |
| MarketWatch | $1.21 Billion USD |
| marketcap.company | $1.21 Billion USD |
| Reuters | $1.21 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.