Zhejiang Meili High Technology Co Ltd (SHE:300611) — Market Cap & Net Worth
Market Cap & Net Worth: Zhejiang Meili High Technology Co Ltd (300611)
Zhejiang Meili High Technology Co Ltd (SHE:300611) has a market capitalization of $806.76 Million (CN¥5.51 Billion) as of September 16, 2026. Listed on the SHE stock exchange, this China-based company holds position #9862 globally and #2541 in its home market, demonstrating a 0.27% 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¥26.12 by its total outstanding shares 211074680 (211.07 Million). Also see Zhejiang Meili High Technology Co Ltd (300611) total assets for a full breakdown of the balance sheet.
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 $435.01 Million to $806.76 Million (12.79% CAGR). Also see Zhejiang Meili High Technology Co Ltd (300611) cash conversion ratio for how efficiently the company converts equity into cash flow.
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. Check latest Zhejiang Meili High Technology Co Ltd stock price today for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.42x
Zhejiang Meili High Technology Co Ltd's market cap is 0.42 times its annual revenue
Latest Price to Earnings (P/E) Ratio
5.77x
Zhejiang Meili High Technology Co Ltd's market cap is 5.77 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 |
|---|---|---|---|---|---|
| 2017 | $435.01 Million | $401.50 Million | $47.65 Million | 1.08x | 9.13x |
| 2018 | $255.38 Million | $545.09 Million | $19.92 Million | 0.47x | 12.82x |
| 2019 | $289.92 Million | $601.49 Million | $18.08 Million | 0.48x | 16.04x |
| 2020 | $297.37 Million | $673.61 Million | $40.25 Million | 0.44x | 7.39x |
| 2021 | $343.85 Million | $816.82 Million | $22.09 Million | 0.42x | 15.57x |
| 2022 | $241.51 Million | $1.09 Billion | -$37.63 Million | 0.22x | N/A |
| 2023 | $352.78 Million | $1.38 Billion | $40.70 Million | 0.26x | 8.67x |
| 2024 | $326.47 Million | $1.60 Billion | $106.69 Million | 0.20x | 3.06x |
| 2025 | $841.98 Million | $2.01 Billion | $145.90 Million | 0.42x | 5.77x |
Competitor Companies of 300611 by Market Capitalization
Companies near Zhejiang Meili High Technology Co Ltd in the global market cap rankings as of September 16, 2026. Review how tangible is Zhejiang Meili High Technology Co Ltd's equity to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Zhejiang Meili High Technology Co Ltd by market ranking:
- Snap-On Inc (NYSE:SNA): Ranked #1325 globally with a market cap of $19.39 Billion USD.
- TECHTRONIC INDS ADR/5 (F:TIB): Ranked #1389 globally with a market cap of $18.32 Billion USD ( €15.67 Billion EUR).
- RBC Bearings Incorporated (NYSE:RBC): Ranked #1610 globally with a market cap of $15.31 Billion USD.
- Lincoln Electric Holdings Inc (NASDAQ:LECO): Ranked #1729 globally with a market cap of $13.90 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1325 | Snap-On Inc | NYSE:SNA | $19.39 Billion | $374.82 |
| #1389 | TECHTRONIC INDS ADR/5 | F:TIB | $18.32 Billion | €60.00 |
| #1610 | RBC Bearings Incorporated | NYSE:RBC | $15.31 Billion | $483.71 |
| #1729 | Lincoln Electric Holdings Inc | NASDAQ:LECO | $13.90 Billion | $253.68 |
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 $435.01 Million to $ 806.76 Million, with a yearly change of 12.79%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥806.76 Million | -4.18% |
| 2025 | CN¥841.98 Million | +157.90% |
| 2024 | CN¥326.47 Million | -7.46% |
| 2023 | CN¥352.78 Million | +46.07% |
| 2022 | CN¥241.51 Million | -29.76% |
| 2021 | CN¥343.85 Million | +15.63% |
| 2020 | CN¥297.37 Million | +2.57% |
| 2019 | CN¥289.92 Million | +13.52% |
| 2018 | CN¥255.38 Million | -41.29% |
| 2017 | CN¥435.01 Million | -- |
End of Day Market Cap According to Different Sources
On Sep 16th, 2026 the market cap of Zhejiang Meili High Technology Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $806.76 Million USD |
| MoneyControl | $806.76 Million USD |
| MarketWatch | $806.76 Million USD |
| marketcap.company | $806.76 Million USD |
| Reuters | $806.76 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Zhejiang Meili High Technology Co Ltd
Zhejiang Meili High Technology Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of high-end spring products in China and internationally. The company offers stabilizer bars and other automotive components; auto suspension system springs, body and interior springs, powertrain springs, general-purpose springs, various elastic devices, and precisi… Read more