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 $769.08 Million (CN¥5.26 Billion) as of May 2, 2026. Listed on the SHE stock exchange, this China-based company holds position #10353 globally and #2999 in its home market, demonstrating a -9.42% decrease 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¥24.90 by its total outstanding shares 211074680 (211.07 Million). Analyse 300611 cash flow metrics to see how efficiently the company converts income to cash.
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 $769.08 Million (12.76% 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
0.20x
Zhejiang Meili High Technology Co Ltd's market cap is 0.20 times its annual revenue
Latest Price to Earnings (P/E) Ratio
3.06x
Zhejiang Meili High Technology Co Ltd's market cap is 3.06 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 |
Competitor Companies of 300611 by Market Capitalization
Companies near Zhejiang Meili High Technology Co Ltd in the global market cap rankings as of May 2, 2026.
Key companies related to Zhejiang Meili High Technology Co Ltd by market ranking:
- Snap-On Inc (NYSE:SNA): Ranked #1279 globally with a market cap of $19.75 Billion USD.
- TECHTRONIC INDS ADR/5 (F:TIB): Ranked #1376 globally with a market cap of $18.32 Billion USD ( €15.67 Billion EUR).
- RBC Bearings Incorporated (NYSE:RBC): Ranked #1417 globally with a market cap of $17.69 Billion USD.
- Lincoln Electric Holdings Inc (NASDAQ:LECO): Ranked #1651 globally with a market cap of $14.59 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1279 | Snap-On Inc | NYSE:SNA | $19.75 Billion | $380.39 |
| #1376 | TECHTRONIC INDS ADR/5 | F:TIB | $18.32 Billion | €60.00 |
| #1417 | RBC Bearings Incorporated | NYSE:RBC | $17.69 Billion | $595.76 |
| #1651 | Lincoln Electric Holdings Inc | NASDAQ:LECO | $14.59 Billion | $266.25 |
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 $ 769.08 Million, with a yearly change of 12.76%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥769.08 Million | -8.66% |
| 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 May 2nd, 2026 the market cap of Zhejiang Meili High Technology Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $769.08 Million USD |
| MoneyControl | $769.08 Million USD |
| MarketWatch | $769.08 Million USD |
| marketcap.company | $769.08 Million USD |
| Reuters | $769.08 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. 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