Zhejiang Meili High Technology Co Ltd
Zhejiang Meili High Technology Co., Ltd. engages in the research and development, production, and sale of high-end spring products in China and internationally. The company offers suspension system springs, body and interior system springs, gearbox spring and spring assembly products, valve springs, stabilizer bars, hot coil series springs, precision springs, precision injection molded parts, fin… Read more
Market Cap & Net Worth: Zhejiang Meili High Technology Co Ltd (300611)
Zhejiang Meili High Technology Co Ltd (SHE:300611) has a market capitalization of $820.45 Million (CN¥6.02 Billion) as of March 18, 2026. Listed on the SHE stock exchange, this China-based company holds position #10535 globally and #2354 in its home market, demonstrating a 9.36% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Zhejiang Meili High Technology Co Ltd's stock price CN¥28.52 by its total outstanding shares 211074680 (211.07 Million).
Zhejiang Meili High Technology Co Ltd Market Cap History: 2017 to 2026
Zhejiang Meili High Technology Co Ltd's market capitalization history from 2017 to 2026. Data shows growth from $405.16 Million to $820.45 Million (14.64% CAGR).
Zhejiang Meili High Technology Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Zhejiang Meili High 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
0.19x
Zhejiang Meili High Technology Co Ltd's market cap is 0.19 times its annual revenue
0.35x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
2.85x
Zhejiang Meili High Technology Co Ltd's market cap is 2.85 times its annual earnings
11.65x
Lower 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 |
|---|---|---|---|---|---|
| 2017 | $405.16 Million | $401.50 Million | $47.65 Million | 1.01x | 8.50x |
| 2018 | $237.86 Million | $545.09 Million | $19.92 Million | 0.44x | 11.94x |
| 2019 | $270.02 Million | $601.49 Million | $18.08 Million | 0.45x | 14.94x |
| 2020 | $276.96 Million | $673.61 Million | $40.25 Million | 0.41x | 6.88x |
| 2021 | $320.26 Million | $816.82 Million | $22.09 Million | 0.39x | 14.50x |
| 2022 | $224.94 Million | $1.09 Billion | -$37.63 Million | 0.21x | N/A |
| 2023 | $328.57 Million | $1.38 Billion | $40.70 Million | 0.24x | 8.07x |
| 2024 | $304.07 Million | $1.60 Billion | $106.69 Million | 0.19x | 2.85x |
Competitor Companies of 300611 by Market Capitalization
Companies near Zhejiang Meili High Technology Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Zhejiang Meili High Technology Co Ltd by market ranking:
- Snap-On Inc (NYSE:SNA): Ranked #1051 globally with a market cap of $18.60 Billion USD.
- RBC Bearings Incorporated (NYSE:RBC): Ranked #1201 globally with a market cap of $15.65 Billion USD.
- Techtronic Industries Company Limited (PINK:TTNDF): Ranked #1287 globally with a market cap of $14.25 Billion USD.
- Lincoln Electric Holdings Inc (NASDAQ:LECO): Ranked #1304 globally with a market cap of $14.00 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1051 | Snap-On Inc | NYSE:SNA | $18.60 Billion | $367.40 |
| #1201 | RBC Bearings Incorporated | NYSE:RBC | $15.65 Billion | $544.55 |
| #1287 | Techtronic Industries Company Limited | PINK:TTNDF | $14.25 Billion | $10.00 |
| #1304 | Lincoln Electric Holdings Inc | NASDAQ:LECO | $14.00 Billion | $260.78 |
Zhejiang Meili High Technology Co Ltd Historical Marketcap From 2017 to 2026
Between 2017 and today, Zhejiang Meili High Technology Co Ltd's market cap moved from $405.16 Million to $ 820.45 Million, with a yearly change of 14.64%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥820.45 Million | +4.62% |
| 2025 | CN¥784.20 Million | +157.90% |
| 2024 | CN¥304.07 Million | -7.46% |
| 2023 | CN¥328.57 Million | +46.07% |
| 2022 | CN¥224.94 Million | -29.76% |
| 2021 | CN¥320.26 Million | +15.63% |
| 2020 | CN¥276.96 Million | +2.57% |
| 2019 | CN¥270.02 Million | +13.52% |
| 2018 | CN¥237.86 Million | -41.29% |
| 2017 | CN¥405.16 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Zhejiang Meili High Technology Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $820.45 Million USD |
| MoneyControl | $820.45 Million USD |
| MarketWatch | $820.45 Million USD |
| marketcap.company | $820.45 Million USD |
| Reuters | $820.45 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.