Hiconics Drive Tech Co (SHE:300048) — Market Cap & Net Worth
Market Cap & Net Worth: Hiconics Drive Tech Co (300048)
Hiconics Drive Tech Co (SHE:300048) has a market capitalization of $1.06 Billion (CN¥7.27 Billion) as of May 2, 2026. Listed on the SHE stock exchange, this China-based company holds position #8838 globally and #2335 in its home market, demonstrating a -8.78% 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¥6.44 by its total outstanding shares 1128297357 (1.13 Billion). Analyse 300048 cash flow conversion to see how efficiently the company converts income to cash.
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 $1.23 Billion to $1.06 Billion (2.71% 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
0.17x
Hiconics Drive Tech Co's market cap is 0.17 times its annual revenue
Latest Price to Earnings (P/E) Ratio
80.82x
Hiconics Drive Tech Co's market cap is 80.82 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 |
|---|---|---|---|---|---|
| 2015 | $1.23 Billion | $807.52 Million | $51.92 Million | 1.52x | 23.66x |
| 2016 | $956.75 Million | $1.42 Billion | $178.95 Million | 0.68x | 5.35x |
| 2017 | $626.41 Million | $1.35 Billion | $67.60 Million | 0.46x | 9.27x |
| 2018 | $394.60 Million | $1.21 Billion | -$237.10 Million | 0.33x | N/A |
| 2019 | $397.90 Million | $1.30 Billion | $23.14 Million | 0.31x | 17.19x |
| 2020 | $794.16 Million | $1.26 Billion | -$515.02 Million | 0.63x | N/A |
| 2021 | $1.18 Billion | $1.20 Billion | $50.26 Million | 0.98x | 23.46x |
| 2022 | $802.41 Million | $1.42 Billion | $25.64 Million | 0.56x | 31.29x |
| 2023 | $835.43 Million | $1.49 Billion | -$220.13 Million | 0.56x | N/A |
| 2024 | $832.13 Million | $4.78 Billion | $10.30 Million | 0.17x | 80.82x |
Competitor Companies of 300048 by Market Capitalization
Companies near Hiconics Drive Tech Co in the global market cap rankings as of May 2, 2026.
Key companies related to Hiconics Drive Tech Co by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #59 globally with a market cap of $281.23 Billion USD ( CN¥1.92 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #181 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #190 globally with a market cap of $122.86 Billion USD ( ฿3.94 Trillion THB).
- Vertiv Holdings Co (NYSE:VRT): Ranked #286 globally with a market cap of $89.72 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #59 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $281.23 Billion | CN¥436.00 |
| #181 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF78.44 |
| #190 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $122.86 Billion | ฿316.00 |
| #286 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $328.31 |
Hiconics Drive Tech Co Historical Marketcap From 2015 to 2026
Between 2015 and today, Hiconics Drive Tech Co's market cap moved from $1.23 Billion to $ 1.06 Billion, with a yearly change of 2.71%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.06 Billion | +8.24% |
| 2025 | CN¥982.38 Million | +18.06% |
| 2024 | CN¥832.13 Million | -0.40% |
| 2023 | CN¥835.43 Million | +4.12% |
| 2022 | CN¥802.41 Million | -31.93% |
| 2021 | CN¥1.18 Billion | +48.44% |
| 2020 | CN¥794.16 Million | +99.59% |
| 2019 | CN¥397.90 Million | +0.84% |
| 2018 | CN¥394.60 Million | -37.01% |
| 2017 | CN¥626.41 Million | -34.53% |
| 2016 | CN¥956.75 Million | -22.13% |
| 2015 | CN¥1.23 Billion | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Hiconics Drive Tech Co was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.06 Billion USD |
| MoneyControl | $1.06 Billion USD |
| MarketWatch | $1.06 Billion USD |
| marketcap.company | $1.06 Billion USD |
| Reuters | $1.06 Billion 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 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