Zhejiang Tongxing Technology Co. Ltd. A
Zhejiang Tongxing Technology CO., Ltd. engages in the research and development, production, and sale of refrigeration equipment and related products in China. It offers heat exchangers, refrigeration system pipe assemblies, automotive air conditioning pipes, refrigeration unit modules, and related processing services for refrigeration system pipe assemblies. The company was incorporated in 2001 a… Read more
Market Cap & Net Worth: Zhejiang Tongxing Technology Co. Ltd. A (301252)
Zhejiang Tongxing Technology Co. Ltd. A (SHE:301252) has a market capitalization of $912.18 Million (CN¥6.69 Billion) as of March 19, 2026. Listed on the SHE stock exchange, this China-based company holds position #13772 globally and #3576 in its home market, demonstrating a -0.68% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Zhejiang Tongxing Technology Co. Ltd. A's stock price CN¥39.55 by its total outstanding shares 169225440 (169.23 Million).
Zhejiang Tongxing Technology Co. Ltd. A Market Cap History: 2023 to 2026
Zhejiang Tongxing Technology Co. Ltd. A's market capitalization history from 2023 to 2026. Data shows change from $638.97 Million to $912.18 Million (-1.87% CAGR).
Zhejiang Tongxing Technology Co. Ltd. A Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Zhejiang Tongxing Technology Co. Ltd. A'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
0.68x
Zhejiang Tongxing Technology Co. Ltd. A's market cap is 0.68 times its annual revenue
0.33x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
6.12x
Zhejiang Tongxing Technology Co. Ltd. A's market cap is 6.12 times its annual earnings
1.64x
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 |
|---|---|---|---|---|---|
| 2023 | $638.97 Million | $980.07 Million | $119.41 Million | 0.65x | 5.35x |
| 2024 | $776.33 Million | $1.13 Billion | $126.80 Million | 0.68x | 6.12x |
Competitor Companies of 301252 by Market Capitalization
Companies near Zhejiang Tongxing Technology Co. Ltd. A in the global market cap rankings as of March 19, 2026.
Key companies related to Zhejiang Tongxing Technology Co. Ltd. A by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #154 globally with a market cap of $118.06 Billion USD ( CN¥866.23 Billion CNY).
- Vertiv Holdings Co (NYSE:VRT): Ranked #221 globally with a market cap of $89.72 Billion USD.
- ABB Ltd (PINK:ABBNY): Ranked #238 globally with a market cap of $85.22 Billion USD.
- VERTIV HOL.CL A DL-0001 (F:49V): Ranked #368 globally with a market cap of $59.06 Billion USD ( €57.54 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #154 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $118.06 Billion | CN¥402.02 |
| #221 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $264.71 |
| #238 | ABB Ltd | PINK:ABBNY | $85.22 Billion | $46.91 |
| #368 | VERTIV HOL.CL A DL-0001 | F:49V | $59.06 Billion | €234.60 |
Zhejiang Tongxing Technology Co. Ltd. A Historical Marketcap From 2023 to 2026
Between 2023 and today, Zhejiang Tongxing Technology Co. Ltd. A's market cap moved from $638.97 Million to $ 912.18 Million, with a yearly change of -1.87%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥912.18 Million | +21.65% |
| 2025 | CN¥749.81 Million | -3.42% |
| 2024 | CN¥776.33 Million | +21.50% |
| 2023 | CN¥638.97 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 19th, 2026 the market cap of Zhejiang Tongxing Technology Co. Ltd. A was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $912.18 Million USD |
| MoneyControl | $912.18 Million USD |
| MarketWatch | $912.18 Million USD |
| marketcap.company | $912.18 Million USD |
| Reuters | $912.18 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.