Xinjiang Ba Yi Iron & Steel Co Ltd (SHG:600581) — Market Cap & Net Worth
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 $547.32 Million (CN¥3.74 Billion) as of September 24, 2026. Listed on the SHG stock exchange, this China-based company holds position #11960 globally and #3491 in its home market, demonstrating a 2.95% 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¥2.44 by its total outstanding shares 1532897870 (1.53 Billion). Also see 600581 total asset value for a full breakdown of the balance sheet.
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 $1.10 Billion to $547.32 Million (-3.26% CAGR). Also see Xinjiang Ba Yi Iron & Steel Co Ltd operating cash flow efficiency for how efficiently the company converts equity into cash flow.
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. Check Xinjiang Ba Yi Iron & Steel Co Ltd stock price for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.04x
Xinjiang Ba Yi Iron & Steel Co Ltd's market cap is 0.04 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 |
|---|---|---|---|---|---|
| 2015 | $1.10 Billion | $10.56 Billion | -$2.51 Billion | 0.10x | N/A |
| 2016 | $746.96 Million | $9.89 Billion | $37.10 Million | 0.08x | 20.13x |
| 2017 | $1.53 Billion | $16.76 Billion | $1.17 Billion | 0.09x | 1.31x |
| 2018 | $798.55 Million | $20.11 Billion | $700.52 Million | 0.04x | 1.14x |
| 2019 | $798.55 Million | $20.61 Billion | $111.14 Million | 0.04x | 7.19x |
| 2020 | $859.11 Million | $21.72 Billion | $330.25 Million | 0.04x | 2.60x |
| 2021 | $1.39 Billion | $30.88 Billion | $1.18 Billion | 0.05x | 1.18x |
| 2022 | $888.27 Million | $23.04 Billion | -$1.41 Billion | 0.04x | N/A |
| 2023 | $805.28 Million | $22.97 Billion | -$1.16 Billion | 0.04x | N/A |
| 2024 | $688.64 Million | $18.67 Billion | -$1.75 Billion | 0.04x | 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 September 24, 2026. Review Xinjiang Ba Yi Iron & Steel Co Ltd tangible net worth ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Xinjiang Ba Yi Iron & Steel Co Ltd by market ranking:
- ArcelorMittal SA (AS:MT): Ranked #564 globally with a market cap of $48.06 Billion USD ( €41.11 Billion EUR).
- ArcelorMittal SA ADR (NYSE:MT): Ranked #606 globally with a market cap of $45.32 Billion USD.
- ArcelorMittal SA (XETRA:ARRD): Ranked #695 globally with a market cap of $39.90 Billion USD ( €34.13 Billion EUR).
- ArcelorMittal SA (MC:MTS): Ranked #698 globally with a market cap of $39.75 Billion USD ( €34.00 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #564 | ArcelorMittal SA | AS:MT | $48.06 Billion | €63.82 |
| #606 | ArcelorMittal SA ADR | NYSE:MT | $45.32 Billion | $59.54 |
| #695 | ArcelorMittal SA | XETRA:ARRD | $39.90 Billion | €60.56 |
| #698 | ArcelorMittal SA | MC:MTS | $39.75 Billion | €63.86 |
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 $1.10 Billion to $ 547.32 Million, with a yearly change of -3.26%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥547.32 Million | -26.95% |
| 2025 | CN¥749.20 Million | +8.79% |
| 2024 | CN¥688.64 Million | -14.48% |
| 2023 | CN¥805.28 Million | -9.34% |
| 2022 | CN¥888.27 Million | -36.23% |
| 2021 | CN¥1.39 Billion | +62.14% |
| 2020 | CN¥859.11 Million | +7.58% |
| 2019 | CN¥798.55 Million | 0.00% |
| 2018 | CN¥798.55 Million | -47.88% |
| 2017 | CN¥1.53 Billion | +105.11% |
| 2016 | CN¥746.96 Million | -32.39% |
| 2015 | CN¥1.10 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 23rd, 2026 the market cap of Xinjiang Ba Yi Iron & Steel Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $547.32 Million USD |
| MoneyControl | $547.32 Million USD |
| MarketWatch | $547.32 Million USD |
| marketcap.company | $547.32 Million USD |
| Reuters | $547.32 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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.