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 $7.31 Billion (CN¥49.93 Billion) as of September 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #2812 globally and #341 in its home market, demonstrating a -5.29% decrease 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¥11.09 by its total outstanding shares 4501990940 (4.50 Billion). Also see 600438 total assets for a full breakdown of the balance sheet.
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 $7.31 Billion (7.44% CAGR). Also see Tongwei Co Ltd (600438) cash conversion ratio for how efficiently the company converts equity into cash flow.
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. Check Tongwei Co Ltd share price for real-time trading data and today's change.
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 September 18, 2026. Review Tongwei Co Ltd (600438) tangible equity ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Tongwei Co Ltd by market ranking:
- First Solar Inc (NASDAQ:FSLR): Ranked #1199 globally with a market cap of $21.62 Billion USD.
- Nextpower Inc. (NASDAQ:NXT): Ranked #1863 globally with a market cap of $12.65 Billion USD.
- Enphase Energy Inc (NASDAQ:ENPH): Ranked #3696 globally with a market cap of $4.75 Billion USD.
- Premier Energies Limited (NSE:PREMIERENE): Ranked #3934 globally with a market cap of $4.30 Billion USD ( Rs397.27 Billion INR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1199 | First Solar Inc | NASDAQ:FSLR | $21.62 Billion | $201.16 |
| #1863 | Nextpower Inc. | NASDAQ:NXT | $12.65 Billion | $83.36 |
| #3696 | Enphase Energy Inc | NASDAQ:ENPH | $4.75 Billion | $36.02 |
| #3934 | Premier Energies Limited | NSE:PREMIERENE | $4.30 Billion | Rs880.00 |
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 $ 7.31 Billion, with a yearly change of 7.44%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥7.31 Billion | -45.96% |
| 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 Sep 18th, 2026 the market cap of Tongwei Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $7.31 Billion USD |
| MoneyControl | $7.31 Billion USD |
| MarketWatch | $7.31 Billion USD |
| marketcap.company | $7.31 Billion USD |
| Reuters | $7.31 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