Zhejiang Canaan Technology Co Ltd (SHE:300412) — Market Cap & Net Worth

$388.22 Million USD  · CN¥2.65 Billion CNY  · Rank #13826

Market Cap & Net Worth: Zhejiang Canaan Technology Co Ltd (300412)

Zhejiang Canaan Technology Co Ltd (SHE:300412) has a market capitalization of $388.22 Million (CN¥2.65 Billion) as of May 4, 2026. Listed on the SHE stock exchange, this China-based company holds position #13826 globally and #4358 in its home market, demonstrating a -0.93% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Zhejiang Canaan Technology Co Ltd's stock price CN¥5.33 by its total outstanding shares 497756637 (497.76 Million). Analyse cash efficiency ratio of Zhejiang Canaan Technology Co Ltd to see how efficiently the company converts income to cash.

Zhejiang Canaan Technology Co Ltd Market Cap History: 2015 to 2026

Zhejiang Canaan Technology Co Ltd's market capitalization history from 2015 to 2026. Data shows change from $887.72 Million to $388.22 Million (-7.85% CAGR).

Zhejiang Canaan Technology Co Ltd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Zhejiang Canaan Technology Co Ltd'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

0.24x

Zhejiang Canaan Technology Co Ltd's market cap is 0.24 times its annual revenue

Industry average: 1.86x Lower than industry average

Latest Price to Earnings (P/E) Ratio

9.28x

Zhejiang Canaan Technology Co Ltd's market cap is 9.28 times its annual earnings

Industry average: 14.90x Lower than industry average

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 $887.72 Million $217.42 Million $51.45 Million 4.08x 17.25x
2016 $694.12 Million $301.79 Million $57.04 Million 2.30x 12.17x
2017 $400.07 Million $445.03 Million $43.96 Million 0.90x 9.10x
2018 $262.76 Million $578.76 Million $33.63 Million 0.45x 7.81x
2019 $271.95 Million $703.16 Million $51.31 Million 0.39x 5.30x
2020 $413.35 Million $1.01 Billion $67.91 Million 0.41x 6.09x
2021 $1.05 Billion $1.06 Billion $73.70 Million 0.99x 14.25x
2022 $439.94 Million $1.10 Billion -$83.44 Million 0.40x N/A
2023 $414.45 Million $1.05 Billion -$23.43 Million 0.40x N/A
2024 $336.51 Million $1.38 Billion $36.27 Million 0.24x 9.28x

Competitor Companies of 300412 by Market Capitalization

Companies near Zhejiang Canaan Technology Co Ltd in the global market cap rankings as of May 4, 2026.

Key companies related to Zhejiang Canaan Technology Co Ltd by market ranking:

  • GE Vernova LLC (NYSE:GEV): Ranked #82 globally with a market cap of $229.98 Billion USD.
  • Siemens Aktiengesellschaft (XETRA:SIE): Ranked #113 globally with a market cap of $184.02 Billion USD ( €157.40 Billion EUR).
  • SIEMENS AG SP. ADR 1/ 1/2 (F:SIEB): Ranked #119 globally with a market cap of $177.31 Billion USD ( €151.67 Billion EUR).
  • Schneider Electric S.E. (PA:SU): Ranked #156 globally with a market cap of $143.23 Billion USD ( €122.51 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#82 GE Vernova LLC NYSE:GEV $229.98 Billion $1062.95
#113 Siemens Aktiengesellschaft XETRA:SIE $184.02 Billion €252.55
#119 SIEMENS AG SP. ADR 1/ 1/2 F:SIEB $177.31 Billion €119.00
#156 Schneider Electric S.E. PA:SU $143.23 Billion €268.60

Zhejiang Canaan Technology Co Ltd Historical Marketcap From 2015 to 2026

Between 2015 and today, Zhejiang Canaan Technology Co Ltd's market cap moved from $887.72 Million to $ 388.22 Million, with a yearly change of -7.85%.

Year Market Cap Change (%)
2026 CN¥388.22 Million -0.37%
2025 CN¥389.68 Million +15.80%
2024 CN¥336.51 Million -18.80%
2023 CN¥414.45 Million -5.79%
2022 CN¥439.94 Million -58.10%
2021 CN¥1.05 Billion +154.01%
2020 CN¥413.35 Million +52.00%
2019 CN¥271.95 Million +3.50%
2018 CN¥262.76 Million -34.32%
2017 CN¥400.07 Million -42.36%
2016 CN¥694.12 Million -21.81%
2015 CN¥887.72 Million --

End of Day Market Cap According to Different Sources

On May 4th, 2026 the market cap of Zhejiang Canaan Technology Co Ltd was reported to be:

Source Market Cap
Yahoo Finance $388.22 Million USD
MoneyControl $388.22 Million USD
MarketWatch $388.22 Million USD
marketcap.company $388.22 Million USD
Reuters $388.22 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Zhejiang Canaan Technology Co Ltd

SHE:300412 China Specialty Industrial Machinery
Market Cap
$388.22 Million
CN¥2.65 Billion CNY
Market Cap Rank
#13826 Global
#4358 in China
Share Price
CN¥5.33
Change (1 day)
+1.52%
52-Week Range
CN¥4.68 - CN¥6.06
All Time High
CN¥15.05
About

Zhejiang Canaan Technology Limited engages in the research and development, production, and sale of pharmaceutical equipment in China and internationally. The company offers preprocessing module, hybrid module, packaging, attachment, granulation, material transport, cleaning, continuous manufacturing, container, freeze drying system, and fluid module products. It also provides EPCMV turnkey, soli… Read more