Zhejiang Provincial New Energy Investment Group Co Ltd (SHG:600032) — Market Cap & Net Worth
Market Cap & Net Worth: Zhejiang Provincial New Energy Investment Group Co Ltd (600032)
Zhejiang Provincial New Energy Investment Group Co Ltd (SHG:600032) has a market capitalization of $3.47 Billion (CN¥23.73 Billion) as of May 3, 2026. Listed on the SHG stock exchange, this China-based company holds position #4524 globally and #812 in its home market, demonstrating a -13.04% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Zhejiang Provincial New Energy Investment Group Co Ltd's stock price CN¥9.87 by its total outstanding shares 2404675324 (2.40 Billion). Analyse Zhejiang Provincial New Energy Investmen (600032) cash conversion ratio to see how efficiently the company converts income to cash.
Zhejiang Provincial New Energy Investment Group Co Ltd Market Cap History: 2021 to 2026
Zhejiang Provincial New Energy Investment Group Co Ltd's market capitalization history from 2021 to 2026. Data shows growth from $5.30 Billion to $3.47 Billion (15.16% CAGR).
Zhejiang Provincial New Energy Investment Group Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Zhejiang Provincial New Energy Investment Group 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
0.52x
Zhejiang Provincial New Energy Investment Group Co Ltd's market cap is 0.52 times its annual revenue
Latest Price to Earnings (P/E) Ratio
4.60x
Zhejiang Provincial New Energy Investment Group Co Ltd's market cap is 4.60 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 |
|---|---|---|---|---|---|
| 2021 | $5.30 Billion | $3.23 Billion | $689.25 Million | 1.64x | 7.69x |
| 2022 | $3.95 Billion | $4.60 Billion | $775.84 Million | 0.86x | 5.09x |
| 2023 | $2.79 Billion | $4.52 Billion | $627.15 Million | 0.62x | 4.44x |
| 2024 | $2.60 Billion | $4.96 Billion | $566.50 Million | 0.52x | 4.60x |
Competitor Companies of 600032 by Market Capitalization
Companies near Zhejiang Provincial New Energy Investment Group Co Ltd in the global market cap rankings as of May 3, 2026.
Key companies related to Zhejiang Provincial New Energy Investment Group Co Ltd by market ranking:
- China Yangtze Power Co Ltd (SHG:600900): Ranked #252 globally with a market cap of $97.82 Billion USD ( CN¥668.47 Billion CNY).
- CN YANGT.PWR GDR REG S/A (F:CYZB): Ranked #373 globally with a market cap of $71.93 Billion USD ( €61.53 Billion EUR).
- Orsted A/S (CO:ORSTED): Ranked #753 globally with a market cap of $35.14 Billion USD ( Dkr224.58 Billion DKK).
- Huaneng Lancang River Hydropower Inc Class A (SHG:600025): Ranked #1010 globally with a market cap of $25.93 Billion USD ( CN¥177.18 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #252 | China Yangtze Power Co Ltd | SHG:600900 | $97.82 Billion | CN¥27.32 |
| #373 | CN YANGT.PWR GDR REG S/A | F:CYZB | $71.93 Billion | €28.40 |
| #753 | Orsted A/S | CO:ORSTED | $35.14 Billion | Dkr170.00 |
| #1010 | Huaneng Lancang River Hydropower Inc Class A | SHG:600025 | $25.93 Billion | CN¥9.51 |
Zhejiang Provincial New Energy Investment Group Co Ltd Historical Marketcap From 2021 to 2026
Between 2021 and today, Zhejiang Provincial New Energy Investment Group Co Ltd's market cap moved from $5.30 Billion to $ 3.47 Billion, with a yearly change of 15.16%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥3.47 Billion | +33.20% |
| 2025 | CN¥2.61 Billion | +0.14% |
| 2024 | CN¥2.60 Billion | -6.54% |
| 2023 | CN¥2.79 Billion | -29.47% |
| 2022 | CN¥3.95 Billion | -25.45% |
| 2021 | CN¥5.30 Billion | -- |
End of Day Market Cap According to Different Sources
On May 3rd, 2026 the market cap of Zhejiang Provincial New Energy Investment Group Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $3.47 Billion USD |
| MoneyControl | $3.47 Billion USD |
| MarketWatch | $3.47 Billion USD |
| marketcap.company | $3.47 Billion USD |
| Reuters | $3.47 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Zhejiang Provincial New Energy Investment Group Co Ltd
Zhejiang Provincial New Energy Investment Group Co., Ltd. engages in the investment, development, construction, operation, and management of renewable energy projects in China. The company is involved in wind power, photovoltaics, hydropower, hydrogen energy and energy storage projects. It engages in sale of electricity; and investment management business. It has a total installed capacity of app… Read more