HIT Welding Industry Co. Ltd. (SHE:301137) — Market Cap & Net Worth
Market Cap & Net Worth: HIT Welding Industry Co. Ltd. (301137)
HIT Welding Industry Co. Ltd. (SHE:301137) has a market capitalization of $848.70 Million (CN¥5.80 Billion) as of September 19, 2026. Listed on the SHE stock exchange, this China-based company holds position #9695 globally and #2502 in its home market, demonstrating a -0.90% 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¥31.90 by its total outstanding shares 181813400 (181.81 Million). Also see HIT Welding Industry Co. Ltd. assets under control for a full breakdown of the balance sheet.
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 $349.19 Million to $848.70 Million (7.31% CAGR). Also see HIT Welding Industry Co. Ltd. (301137) cash flow conversion for how efficiently the company converts equity into cash flow.
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. Check 301137 share price today for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.30x
HIT Welding Industry Co. Ltd.'s market cap is 0.30 times its annual revenue
Latest Price to Earnings (P/E) Ratio
11.48x
HIT Welding Industry Co. Ltd.'s market cap is 11.48 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 |
|---|---|---|---|---|---|
| 2022 | $349.19 Million | $1.57 Billion | $46.05 Million | 0.22x | 7.58x |
| 2023 | $482.21 Million | $1.58 Billion | $57.99 Million | 0.31x | 8.32x |
| 2024 | $464.79 Million | $1.57 Billion | $40.48 Million | 0.30x | 11.48x |
Competitor Companies of 301137 by Market Capitalization
Companies near HIT Welding Industry Co. Ltd. in the global market cap rankings as of September 19, 2026. Review tangible net worth ratio of HIT Welding Industry Co. Ltd. to assess the quality of the company's equity after excluding intangible assets.
Key companies related to HIT Welding Industry Co. Ltd. by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #73 globally with a market cap of $252.69 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #93 globally with a market cap of $218.11 Billion USD ( €186.56 Billion EUR).
- SIEMENS AG SP. ADR 1/ 1/2 (F:SIEB): Ranked #126 globally with a market cap of $177.31 Billion USD ( €151.67 Billion EUR).
- Eaton Corporation PLC (NYSE:ETN): Ranked #144 globally with a market cap of $164.94 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #73 | GE Vernova LLC | NYSE:GEV | $252.69 Billion | $940.33 |
| #93 | Siemens Aktiengesellschaft | XETRA:SIE | $218.11 Billion | €264.00 |
| #126 | SIEMENS AG SP. ADR 1/ 1/2 | F:SIEB | $177.31 Billion | €119.00 |
| #144 | Eaton Corporation PLC | NYSE:ETN | $164.94 Billion | $424.77 |
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 $349.19 Million to $ 848.70 Million, with a yearly change of 7.31%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥848.70 Million | -32.14% |
| 2025 | CN¥1.25 Billion | +169.09% |
| 2024 | CN¥464.79 Million | -3.61% |
| 2023 | CN¥482.21 Million | +38.09% |
| 2022 | CN¥349.19 Million | -- |
End of Day Market Cap According to Different Sources
On Sep 19th, 2026 the market cap of HIT Welding Industry Co. Ltd. was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $848.70 Million USD |
| MoneyControl | $848.70 Million USD |
| MarketWatch | $848.70 Million USD |
| marketcap.company | $848.70 Million USD |
| Reuters | $848.70 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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