Hiconics Drive Tech Co Market Cap ($709.19 Million)
Market Cap & Net Worth: Hiconics Drive Tech Co (300048)
Hiconics Drive Tech Co market cap. Hiconics Drive Tech Co (SHE:300048) has a market capitalization of $709.19 Million (CN¥4.85 Billion) as of October 31, 2026. Listed on the SHE stock exchange, this China-based company holds position #10132 globally and #2581 in its home market, demonstrating a -8.35% 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¥4.28 by its total outstanding shares 1132347357 (1.13 Billion).
Hiconics Drive Tech Co Market Cap History (2015–2026)
Hiconics Drive Tech Co market cap history from 2015 to 2026. Data shows change from $1.23 Billion to $709.19 Million (-1.14% CAGR). Check 300048 stock price for real-time trading data and today's change.
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. Also see Hiconics Drive Tech Co (300048) cash conversion ratio for how efficiently the company converts equity into cash flow.
Latest Price to Sales (P/S) Ratio
0.13x
Hiconics Drive Tech Co's market cap is 0.13 times its annual revenue
Latest Price to Earnings (P/E) Ratio
15.90x
Hiconics Drive Tech Co's market cap is 15.90 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 |
|---|---|---|---|---|---|
| 2016 | $960.19 Million | $1.42 Billion | $178.95 Million | 0.68x | 5.37x |
| 2017 | $628.66 Million | $1.35 Billion | $67.60 Million | 0.47x | 9.30x |
| 2018 | $396.02 Million | $1.21 Billion | -$237.10 Million | 0.33x | N/A |
| 2019 | $399.33 Million | $1.30 Billion | $23.14 Million | 0.31x | 17.26x |
| 2020 | $797.01 Million | $1.26 Billion | -$515.02 Million | 0.63x | N/A |
| 2021 | $1.18 Billion | $1.20 Billion | $50.26 Million | 0.98x | 23.54x |
| 2022 | $805.29 Million | $1.42 Billion | $25.64 Million | 0.57x | 31.40x |
| 2023 | $838.43 Million | $1.49 Billion | -$220.13 Million | 0.56x | N/A |
| 2024 | $835.12 Million | $4.78 Billion | $10.30 Million | 0.17x | 81.11x |
| 2025 | $985.90 Million | $7.43 Billion | $62.01 Million | 0.13x | 15.90x |
Competitor Companies of 300048 by Market Capitalization
Companies near Hiconics Drive Tech Co in the global market cap rankings as of October 31, 2026. See Hiconics Drive Tech Co net asset quality index to understand what proportion of total assets are financed by equity.
Key companies related to Hiconics Drive Tech Co by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #153 globally with a market cap of $150.25 Billion USD ( CN¥1.03 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #186 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Vertiv Holdings Co (NYSE:VRT): Ranked #298 globally with a market cap of $89.51 Billion USD.
- Delta Electronics (Thailand) Public Company Limited (F:NVAW): Ranked #334 globally with a market cap of $80.94 Billion USD ( €69.23 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #153 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $150.25 Billion | CN¥232.92 |
| #186 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF70.68 |
| #298 | Vertiv Holdings Co | NYSE:VRT | $89.51 Billion | $232.50 |
| #334 | Delta Electronics (Thailand) Public Company Limited | F:NVAW | $80.94 Billion | €5.55 |
Market Capitalization of Hiconics Drive Tech Co (2015–2026)
Market capitalization of Hiconics Drive Tech Co from 2015 to today. Between 2015 and today, Hiconics Drive Tech Co's market cap moved from $1.23 Billion to $ 709.19 Million, with a yearly change of -1.14%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥709.19 Million | -28.07% |
| 2025 | CN¥985.90 Million | +18.06% |
| 2024 | CN¥835.12 Million | -0.40% |
| 2023 | CN¥838.43 Million | +4.12% |
| 2022 | CN¥805.29 Million | -31.93% |
| 2021 | CN¥1.18 Billion | +48.44% |
| 2020 | CN¥797.01 Million | +99.59% |
| 2019 | CN¥399.33 Million | +0.84% |
| 2018 | CN¥396.02 Million | -37.01% |
| 2017 | CN¥628.66 Million | -34.53% |
| 2016 | CN¥960.19 Million | -22.13% |
| 2015 | CN¥1.23 Billion | -- |
End of Day Market Cap According to Different Sources
On Oct 31st, 2026 the market cap of Hiconics Drive Tech Co was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $709.19 Million USD |
| MoneyControl | $709.19 Million USD |
| MarketWatch | $709.19 Million USD |
| marketcap.company | $709.19 Million USD |
| Reuters | $709.19 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Hiconics Drive Tech Co
Hiconics Eco-energy Technology Co., Ltd. engages in green energy solutions, household energy storage and photovoltaic inverters, and high-voltage variable frequency drives (VFDs) converters business in China and internationally. It operates through High Voltage Frequency Converters, Photovoltaic EPC, Residential Energy Storage, and Others segments. The company offers photovoltaic solutions, inclu… Read more