Tongwei Co Ltd
Tongwei Co.,Ltd engages in the production and distribution of feed products in China and internationally. The company offers fish feed, pig feed, poultry feed and freshwater and aquatic feed; aquatic products; breeding and seedling cultivation; production, wholesale and retail of veterinary drugs, feed pharmaceutical additives; slaughter and processing of fish, pig, duck food and sales of fresh f… Read more
Market Cap & Net Worth: Tongwei Co Ltd (600438)
Tongwei Co Ltd (SHG:600438) has a market capitalization of $11.85 Billion (CN¥86.98 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #2446 globally and #156 in its home market, demonstrating a 3.48% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Tongwei Co Ltd's stock price CN¥19.32 by its total outstanding shares 4501990089 (4.50 Billion).
Tongwei Co Ltd Market Cap History: 2015 to 2026
Tongwei Co Ltd's market capitalization history from 2015 to 2026. Data shows growth from $3.65 Billion to $11.85 Billion (13.74% CAGR).
Tongwei Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Tongwei 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
0.15x
Tongwei Co Ltd's market cap is 0.15 times its annual revenue
0.20x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero 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 |
|---|---|---|---|---|---|
| 2015 | $3.65 Billion | $18.77 Billion | $736.85 Million | 0.19x | 4.95x |
| 2016 | $3.33 Billion | $20.88 Billion | $1.02 Billion | 0.16x | 3.25x |
| 2017 | $6.43 Billion | $26.09 Billion | $2.01 Billion | 0.25x | 3.20x |
| 2018 | $4.46 Billion | $27.54 Billion | $2.02 Billion | 0.16x | 2.21x |
| 2019 | $7.14 Billion | $37.56 Billion | $2.63 Billion | 0.19x | 2.71x |
| 2020 | $21.20 Billion | $44.20 Billion | $3.61 Billion | 0.48x | 5.88x |
| 2021 | $24.95 Billion | $64.83 Billion | $8.11 Billion | 0.38x | 3.08x |
| 2022 | $21.85 Billion | $142.42 Billion | $25.73 Billion | 0.15x | 0.85x |
| 2023 | $15.36 Billion | $139.10 Billion | $13.57 Billion | 0.11x | 1.13x |
| 2024 | $13.57 Billion | $91.99 Billion | -$7.04 Billion | 0.15x | N/A |
Competitor Companies of 600438 by Market Capitalization
Companies near Tongwei Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Tongwei Co Ltd by market ranking:
- First Solar Inc (NASDAQ:FSLR): Ranked #963 globally with a market cap of $20.23 Billion USD.
- Nextracker Inc. Class A Common Stock (NASDAQ:NXT): Ranked #1121 globally with a market cap of $17.18 Billion USD.
- Enphase Energy Inc (NASDAQ:ENPH): Ranked #2636 globally with a market cap of $5.36 Billion USD.
- Xinyi Solar Holdings Limited (PINK:XISHY): Ranked #3083 globally with a market cap of $4.29 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #963 | First Solar Inc | NASDAQ:FSLR | $20.23 Billion | $199.48 |
| #1121 | Nextracker Inc. Class A Common Stock | NASDAQ:NXT | $17.18 Billion | $118.09 |
| #2636 | Enphase Energy Inc | NASDAQ:ENPH | $5.36 Billion | $45.89 |
| #3083 | Xinyi Solar Holdings Limited | PINK:XISHY | $4.29 Billion | $7.07 |
Tongwei Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Tongwei Co Ltd's market cap moved from $3.65 Billion to $ 11.85 Billion, with a yearly change of 13.74%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥11.85 Billion | -5.85% |
| 2025 | CN¥12.59 Billion | -7.19% |
| 2024 | CN¥13.57 Billion | -11.67% |
| 2023 | CN¥15.36 Billion | -29.73% |
| 2022 | CN¥21.85 Billion | -12.40% |
| 2021 | CN¥24.95 Billion | +17.68% |
| 2020 | CN¥21.20 Billion | +196.94% |
| 2019 | CN¥7.14 Billion | +60.26% |
| 2018 | CN¥4.46 Billion | -30.73% |
| 2017 | CN¥6.43 Billion | +92.96% |
| 2016 | CN¥3.33 Billion | -8.63% |
| 2015 | CN¥3.65 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Tongwei Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $11.85 Billion USD |
| MoneyControl | $11.85 Billion USD |
| MarketWatch | $11.85 Billion USD |
| marketcap.company | $11.85 Billion USD |
| Reuters | $11.85 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.