Hengong Precision Equipment Co Ltd
Hengong Precision Equipment Co., Ltd. engages in the research and development, production and processing, and sales services of new fluid technology materials in China and internationally. The company manufactures and sells continuous cast iron products, precision machine parts, hydraulic and pneumatic fluid machinery, plastic machinery, vacuum pumps, pumps, expansion engines, screw air compresso… Read more
Market Cap & Net Worth: Hengong Precision Equipment Co Ltd (301261)
Hengong Precision Equipment Co Ltd (SHE:301261) has a market capitalization of $982.37 Million (CN¥7.21 Billion) as of March 18, 2026. Listed on the SHE stock exchange, this China-based company holds position #12903 globally and #3270 in its home market, demonstrating a -0.67% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Hengong Precision Equipment Co Ltd's stock price CN¥82.01 by its total outstanding shares 87890196 (87.89 Million).
Hengong Precision Equipment Co Ltd Market Cap History: 2023 to 2026
Hengong Precision Equipment Co Ltd's market capitalization history from 2023 to 2026. Data shows growth from $611.34 Million to $982.37 Million (35.36% CAGR).
Hengong Precision Equipment Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Hengong Precision Equipment 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
0.48x
Hengong Precision Equipment Co Ltd's market cap is 0.48 times its annual revenue
646.10x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
7.11x
Hengong Precision Equipment Co Ltd's market cap is 7.11 times its annual earnings
3.56x
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 | $611.34 Million | $883.27 Million | $126.65 Million | 0.69x | 4.83x |
| 2024 | $495.68 Million | $1.03 Billion | $69.67 Million | 0.48x | 7.11x |
Competitor Companies of 301261 by Market Capitalization
Companies near Hengong Precision Equipment Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Hengong Precision Equipment Co Ltd by market ranking:
- Allegheny Technologies Incorporated (NYSE:ATI): Ranked #990 globally with a market cap of $19.80 Billion USD.
- Carpenter Technology Corporation (NYSE:CRS): Ranked #1075 globally with a market cap of $18.16 Billion USD.
- Mueller Industries Inc (NYSE:MLI): Ranked #1470 globally with a market cap of $11.94 Billion USD.
- ESAB Corp (NYSE:ESAB): Ranked #2571 globally with a market cap of $5.58 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #990 | Allegheny Technologies Incorporated | NYSE:ATI | $19.80 Billion | $147.48 |
| #1075 | Carpenter Technology Corporation | NYSE:CRS | $18.16 Billion | $374.07 |
| #1470 | Mueller Industries Inc | NYSE:MLI | $11.94 Billion | $110.55 |
| #2571 | ESAB Corp | NYSE:ESAB | $5.58 Billion | $98.31 |
Hengong Precision Equipment Co Ltd Historical Marketcap From 2023 to 2026
Between 2023 and today, Hengong Precision Equipment Co Ltd's market cap moved from $611.34 Million to $ 982.37 Million, with a yearly change of 35.36%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥982.37 Million | -20.05% |
| 2025 | CN¥1.23 Billion | +147.90% |
| 2024 | CN¥495.68 Million | -18.92% |
| 2023 | CN¥611.34 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Hengong Precision Equipment Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $982.37 Million USD |
| MoneyControl | $982.37 Million USD |
| MarketWatch | $982.37 Million USD |
| marketcap.company | $982.37 Million USD |
| Reuters | $982.37 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.