HIT Welding Industry Co. Ltd.
HIT Welding Industry Co.,Ltd engages in the research, development, production, and sales of fusion welding materials in China. It offers gas shielding and submerged arc welding wires; mobile rail flash welding machines; trackless autonomous crawling arc welding robot machines; quantong stainless steel and aluminum welding wires; and arc light electric welding electrodes. The company also provides… Read more
Market Cap & Net Worth: HIT Welding Industry Co. Ltd. (301137)
HIT Welding Industry Co. Ltd. (SHE:301137) has a market capitalization of $1.24 Billion (CN¥9.08 Billion) as of March 19, 2026. Listed on the SHE stock exchange, this China-based company holds position #11784 globally and #2835 in its home market, demonstrating a -15.57% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying HIT Welding Industry Co. Ltd.'s stock price CN¥49.94 by its total outstanding shares 181813400 (181.81 Million).
HIT Welding Industry Co. Ltd. Market Cap History: 2022 to 2026
HIT Welding Industry Co. Ltd.'s market capitalization history from 2022 to 2026. Data shows growth from $325.23 Million to $1.24 Billion (21.16% CAGR).
HIT Welding Industry Co. Ltd. Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how HIT Welding Industry 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
0.28x
HIT Welding Industry Co. Ltd.'s market cap is 0.28 times its annual revenue
0.92x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
10.69x
HIT Welding Industry Co. Ltd.'s market cap is 10.69 times its annual earnings
7.63x
Higher 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 |
|---|---|---|---|---|---|
| 2022 | $325.23 Million | $1.57 Billion | $46.05 Million | 0.21x | 7.06x |
| 2023 | $449.13 Million | $1.58 Billion | $57.99 Million | 0.28x | 7.74x |
| 2024 | $432.90 Million | $1.57 Billion | $40.48 Million | 0.28x | 10.69x |
Competitor Companies of 301137 by Market Capitalization
Companies near HIT Welding Industry Co. Ltd. in the global market cap rankings as of March 19, 2026.
Key companies related to HIT Welding Industry Co. Ltd. by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #66 globally with a market cap of $227.10 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #93 globally with a market cap of $175.49 Billion USD ( €170.96 Billion EUR).
- Siemens AG Class N (PINK:SMAWF): Ranked #113 globally with a market cap of $155.24 Billion USD.
- Eaton Corporation PLC (NYSE:ETN): Ranked #140 globally with a market cap of $133.05 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #66 | GE Vernova LLC | NYSE:GEV | $227.10 Billion | $844.05 |
| #93 | Siemens Aktiengesellschaft | XETRA:SIE | $175.49 Billion | €219.15 |
| #113 | Siemens AG Class N | PINK:SMAWF | $155.24 Billion | $199.00 |
| #140 | Eaton Corporation PLC | NYSE:ETN | $133.05 Billion | $363.95 |
HIT Welding Industry Co. Ltd. Historical Marketcap From 2022 to 2026
Between 2022 and today, HIT Welding Industry Co. Ltd.'s market cap moved from $325.23 Million to $ 1.24 Billion, with a yearly change of 21.16%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.24 Billion | +6.23% |
| 2025 | CN¥1.16 Billion | +169.09% |
| 2024 | CN¥432.90 Million | -3.61% |
| 2023 | CN¥449.13 Million | +38.09% |
| 2022 | CN¥325.23 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of HIT Welding Industry Co. Ltd. was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.24 Billion USD |
| MoneyControl | $1.24 Billion USD |
| MarketWatch | $1.24 Billion USD |
| marketcap.company | $1.24 Billion USD |
| Reuters | $1.24 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.