Xinjiang Ba Yi Iron & Steel Co Ltd
XinJiang Ba Yi Iron & Steel Co.,Ltd. focuses on smelting, rolling, processing, and selling of steel products primarily in China. Its principal products include hot-rolled coils, rebars, medium and thick plates, wire rods, profiles, hot-dip galvanized coils, bars, cold-rolled coils, and other products. The company was founded in 2000 is based in Ürümqi, China.
Market Cap & Net Worth: Xinjiang Ba Yi Iron & Steel Co Ltd (600581)
Xinjiang Ba Yi Iron & Steel Co Ltd (SHG:600581) has a market capitalization of $622.58 Million (CN¥4.57 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #12710 globally and #3204 in its home market, demonstrating a 3.83% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Xinjiang Ba Yi Iron & Steel Co Ltd's stock price CN¥2.98 by its total outstanding shares 1532897870 (1.53 Billion).
Xinjiang Ba Yi Iron & Steel Co Ltd Market Cap History: 2015 to 2026
Xinjiang Ba Yi Iron & Steel Co Ltd's market capitalization history from 2015 to 2026. Data shows change from $1.03 Billion to $622.58 Million (-1.55% CAGR).
Xinjiang Ba Yi Iron & Steel Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Xinjiang Ba Yi Iron & Steel 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
0.03x
Xinjiang Ba Yi Iron & Steel Co Ltd's market cap is 0.03 times its annual revenue
0.03x
Higher 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 | $1.03 Billion | $10.56 Billion | -$2.51 Billion | 0.10x | N/A |
| 2016 | $695.70 Million | $9.89 Billion | $37.10 Million | 0.07x | 18.75x |
| 2017 | $1.43 Billion | $16.76 Billion | $1.17 Billion | 0.09x | 1.22x |
| 2018 | $743.76 Million | $20.11 Billion | $700.52 Million | 0.04x | 1.06x |
| 2019 | $743.76 Million | $20.61 Billion | $111.14 Million | 0.04x | 6.69x |
| 2020 | $800.16 Million | $21.72 Billion | $330.25 Million | 0.04x | 2.42x |
| 2021 | $1.30 Billion | $30.88 Billion | $1.18 Billion | 0.04x | 1.10x |
| 2022 | $827.32 Million | $23.04 Billion | -$1.41 Billion | 0.04x | N/A |
| 2023 | $750.02 Million | $22.97 Billion | -$1.16 Billion | 0.03x | N/A |
| 2024 | $641.39 Million | $18.67 Billion | -$1.75 Billion | 0.03x | N/A |
Competitor Companies of 600581 by Market Capitalization
Companies near Xinjiang Ba Yi Iron & Steel Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Xinjiang Ba Yi Iron & Steel Co Ltd by market ranking:
- Nucor Corp (NYSE:NUE): Ranked #591 globally with a market cap of $35.76 Billion USD.
- Steel Dynamics Inc (NASDAQ:STLD): Ranked #832 globally with a market cap of $23.69 Billion USD.
- Nippon Steel Corporation (PINK:NISTF): Ranked #983 globally with a market cap of $19.91 Billion USD.
- Reliance Steel & Aluminum Co (NYSE:RS): Ranked #1204 globally with a market cap of $15.49 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #591 | Nucor Corp | NYSE:NUE | $35.76 Billion | $162.74 |
| #832 | Steel Dynamics Inc | NASDAQ:STLD | $23.69 Billion | $174.28 |
| #983 | Nippon Steel Corporation | PINK:NISTF | $19.91 Billion | $19.62 |
| #1204 | Reliance Steel & Aluminum Co | NYSE:RS | $15.49 Billion | $297.80 |
Xinjiang Ba Yi Iron & Steel Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Xinjiang Ba Yi Iron & Steel Co Ltd's market cap moved from $1.03 Billion to $ 622.58 Million, with a yearly change of -1.55%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥622.58 Million | -10.78% |
| 2025 | CN¥697.79 Million | +8.79% |
| 2024 | CN¥641.39 Million | -14.48% |
| 2023 | CN¥750.02 Million | -9.34% |
| 2022 | CN¥827.32 Million | -36.23% |
| 2021 | CN¥1.30 Billion | +62.14% |
| 2020 | CN¥800.16 Million | +7.58% |
| 2019 | CN¥743.76 Million | 0.00% |
| 2018 | CN¥743.76 Million | -47.88% |
| 2017 | CN¥1.43 Billion | +105.11% |
| 2016 | CN¥695.70 Million | -32.39% |
| 2015 | CN¥1.03 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Xinjiang Ba Yi Iron & Steel Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $622.58 Million USD |
| MoneyControl | $622.58 Million USD |
| MarketWatch | $622.58 Million USD |
| marketcap.company | $622.58 Million USD |
| Reuters | $622.58 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.