Tongwei Co Ltd (SHG:600438) — Market Cap & Net Worth
Market Cap & Net Worth: Tongwei Co Ltd (600438)
Tongwei Co Ltd (SHG:600438) has a market capitalization of $7.69 Billion (CN¥52.58 Billion) as of August 4, 2026. Listed on the SHG stock exchange, this China-based company holds position #2652 globally and #309 in its home market, demonstrating a 0.69% 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¥11.68 by its total outstanding shares 4501990940 (4.50 Billion). See Tongwei Co Ltd capex to cash flow ratio to understand how much of operating cash flow is reinvested back into capital assets.
Tongwei Co Ltd Market Cap History: 2015 to 2026
Tongwei Co Ltd's market capitalization history from 2015 to 2026. Data shows growth from $3.92 Billion to $7.69 Billion (8.06% 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
0.16x
Tongwei Co Ltd's market cap is 0.16 times its annual revenue
Latest 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 |
|---|---|---|---|---|---|
| 2016 | $3.58 Billion | $20.88 Billion | $1.02 Billion | 0.17x | 3.49x |
| 2017 | $6.91 Billion | $26.09 Billion | $2.01 Billion | 0.26x | 3.44x |
| 2018 | $4.78 Billion | $27.54 Billion | $2.02 Billion | 0.17x | 2.37x |
| 2019 | $7.67 Billion | $37.56 Billion | $2.63 Billion | 0.20x | 2.91x |
| 2020 | $22.76 Billion | $44.20 Billion | $3.61 Billion | 0.52x | 6.31x |
| 2021 | $26.79 Billion | $64.83 Billion | $8.11 Billion | 0.41x | 3.30x |
| 2022 | $23.46 Billion | $142.42 Billion | $25.73 Billion | 0.16x | 0.91x |
| 2023 | $16.49 Billion | $139.10 Billion | $13.57 Billion | 0.12x | 1.21x |
| 2024 | $14.57 Billion | $91.99 Billion | -$7.04 Billion | 0.16x | N/A |
| 2025 | $13.52 Billion | $84.13 Billion | -$9.55 Billion | 0.16x | N/A |
Competitor Companies of 600438 by Market Capitalization
Companies near Tongwei Co Ltd in the global market cap rankings as of August 4, 2026.
Key companies related to Tongwei Co Ltd by market ranking:
- First Solar Inc (NASDAQ:FSLR): Ranked #1143 globally with a market cap of $22.68 Billion USD.
- Nextracker Inc. Class A Common Stock (NASDAQ:NXT): Ranked #1773 globally with a market cap of $13.34 Billion USD.
- Premier Energies Limited (NSE:PREMIERENE): Ranked #3543 globally with a market cap of $4.99 Billion USD ( Rs461.32 Billion INR).
- Enphase Energy Inc (NASDAQ:ENPH): Ranked #3637 globally with a market cap of $4.80 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1143 | First Solar Inc | NASDAQ:FSLR | $22.68 Billion | $211.03 |
| #1773 | Nextracker Inc. Class A Common Stock | NASDAQ:NXT | $13.34 Billion | $89.87 |
| #3543 | Premier Energies Limited | NSE:PREMIERENE | $4.99 Billion | Rs1022.20 |
| #3637 | Enphase Energy Inc | NASDAQ:ENPH | $4.80 Billion | $37.54 |
Tongwei Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Tongwei Co Ltd's market cap moved from $3.92 Billion to $ 7.69 Billion, with a yearly change of 8.06%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥7.69 Billion | -43.08% |
| 2025 | CN¥13.52 Billion | -7.19% |
| 2024 | CN¥14.57 Billion | -11.67% |
| 2023 | CN¥16.49 Billion | -29.73% |
| 2022 | CN¥23.46 Billion | -12.40% |
| 2021 | CN¥26.79 Billion | +17.68% |
| 2020 | CN¥22.76 Billion | +196.94% |
| 2019 | CN¥7.67 Billion | +60.26% |
| 2018 | CN¥4.78 Billion | -30.73% |
| 2017 | CN¥6.91 Billion | +92.96% |
| 2016 | CN¥3.58 Billion | -8.63% |
| 2015 | CN¥3.92 Billion | -- |
End of Day Market Cap According to Different Sources
On Aug 3rd, 2026 the market cap of Tongwei Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $7.69 Billion USD |
| MoneyControl | $7.69 Billion USD |
| MarketWatch | $7.69 Billion USD |
| marketcap.company | $7.69 Billion USD |
| Reuters | $7.69 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Tongwei Co Ltd
Tongwei Co.,Ltd engages in the production and sales of industrial silicon and high-purity crystalline silicon for solar energy, chemical products, silicon rods, silicon wafers, solar cells, and modules in China and internationally. It is involved in the generation of electricity and related businesses; production and sale of feed, etc.; and aquaculture, seedling cultivation, food processing, etc.… Read more