Guangdong Rongtai Industry Co Ltd (SHG:600589) — Market Cap & Net Worth
Market Cap & Net Worth: Guangdong Rongtai Industry Co Ltd (600589)
Guangdong Rongtai Industry Co Ltd (SHG:600589) has a market capitalization of $2.22 Billion (CN¥15.16 Billion) as of June 22, 2026. Listed on the SHG stock exchange, this China-based company holds position #5976 globally and #1236 in its home market, demonstrating a 2.61% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Guangdong Rongtai Industry Co Ltd's stock price CN¥10.21 by its total outstanding shares 1484669890 (1.48 Billion). Review Guangdong Rongtai Industry Co Ltd (600589) total liabilities to assess the company's total debt and financial obligations.
Guangdong Rongtai Industry Co Ltd Market Cap History: 2015 to 2026
Guangdong Rongtai Industry Co Ltd's market capitalization history from 2015 to 2026. Data shows growth from $3.56 Billion to $2.22 Billion (2.89% CAGR).
Guangdong Rongtai Industry Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Guangdong Rongtai Industry 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
3.57x
Guangdong Rongtai Industry Co Ltd's market cap is 3.57 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 | $1.85 Billion | $1.44 Billion | $100.87 Million | 1.29x | 18.39x |
| 2017 | $1.30 Billion | $1.64 Billion | $134.21 Million | 0.79x | 9.65x |
| 2018 | $882.62 Million | $1.70 Billion | $153.68 Million | 0.52x | 5.74x |
| 2019 | $1.18 Billion | $1.43 Billion | -$624.39 Million | 0.83x | N/A |
| 2020 | $708.25 Million | $1.07 Billion | -$1.23 Billion | 0.66x | N/A |
| 2021 | $490.99 Million | $779.98 Million | -$718.72 Million | 0.63x | N/A |
| 2022 | $445.37 Million | $421.07 Million | -$745.44 Million | 1.06x | N/A |
| 2023 | $693.04 Million | $366.83 Million | $82.57 Million | 1.89x | 8.39x |
| 2024 | $995.02 Million | $405.37 Million | -$22.13 Million | 2.45x | N/A |
| 2025 | $1.56 Billion | $436.11 Million | -$19.18 Million | 3.57x | N/A |
Competitor Companies of 600589 by Market Capitalization
Companies near Guangdong Rongtai Industry Co Ltd in the global market cap rankings as of June 22, 2026.
Key companies related to Guangdong Rongtai Industry Co Ltd by market ranking:
- BASF SE (F:BASA): Ranked #594 globally with a market cap of $45.63 Billion USD ( €39.03 Billion EUR).
- BASF SE (XETRA:BAS): Ranked #598 globally with a market cap of $45.45 Billion USD ( €38.87 Billion EUR).
- Ningxia Baofeng Energy Group Co Ltd (SHG:600989): Ranked #1142 globally with a market cap of $23.08 Billion USD ( CN¥157.74 Billion CNY).
- Dow Inc (NYSE:DOW): Ranked #1149 globally with a market cap of $22.87 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #594 | BASF SE | F:BASA | $45.63 Billion | €11.90 |
| #598 | BASF SE | XETRA:BAS | $45.45 Billion | €49.01 |
| #1142 | Ningxia Baofeng Energy Group Co Ltd | SHG:600989 | $23.08 Billion | CN¥21.51 |
| #1149 | Dow Inc | NYSE:DOW | $22.87 Billion | $31.73 |
Guangdong Rongtai Industry Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Guangdong Rongtai Industry Co Ltd's market cap moved from $3.56 Billion to $ 2.22 Billion, with a yearly change of 2.89%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥2.22 Billion | +42.60% |
| 2025 | CN¥1.56 Billion | +56.33% |
| 2024 | CN¥995.02 Million | +43.57% |
| 2023 | CN¥693.04 Million | +55.61% |
| 2022 | CN¥445.37 Million | -9.29% |
| 2021 | CN¥490.99 Million | -30.67% |
| 2020 | CN¥708.25 Million | -40.07% |
| 2019 | CN¥1.18 Billion | +33.90% |
| 2018 | CN¥882.62 Million | -31.88% |
| 2017 | CN¥1.30 Billion | -30.14% |
| 2016 | CN¥1.85 Billion | -47.84% |
| 2015 | CN¥3.56 Billion | -- |
End of Day Market Cap According to Different Sources
On Jun 22nd, 2026 the market cap of Guangdong Rongtai Industry Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.22 Billion USD |
| MoneyControl | $2.22 Billion USD |
| MarketWatch | $2.22 Billion USD |
| marketcap.company | $2.22 Billion USD |
| Reuters | $2.22 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Guangdong Rongtai Industry Co Ltd
Dawei Technology (Guangdong) Group Co., Ltd., through its subsidiaries, engages in the internet data center business in China. The company offers internet data, computer system, energy storage technology, information system integration, and cloud computing equipment technology services, as well as technical services, including development, consulting, exchange, transfer, and promotion services. I… Read more