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 $1.50 Billion (CN¥10.22 Billion) as of October 14, 2026. Listed on the SHG stock exchange, this China-based company holds position #7193 globally and #1505 in its home market, demonstrating a -9.92% decrease 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¥6.90 by its total outstanding shares 1481569890 (1.48 Billion).
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 change from $3.55 Billion to $1.50 Billion (-0.80% CAGR). Check latest Guangdong Rongtai Industry Co Ltd stock price today for real-time trading data and today's change.
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. Also see Guangdong Rongtai Industry Co Ltd (600589) cash flow conversion for how efficiently the company converts equity into cash flow.
Latest Price to Sales (P/S) Ratio
3.56x
Guangdong Rongtai Industry Co Ltd's market cap is 3.56 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 | 18.35x |
| 2017 | $1.29 Billion | $1.64 Billion | $134.21 Million | 0.79x | 9.63x |
| 2018 | $880.77 Million | $1.70 Billion | $153.68 Million | 0.52x | 5.73x |
| 2019 | $1.18 Billion | $1.43 Billion | -$624.39 Million | 0.83x | N/A |
| 2020 | $706.77 Million | $1.07 Billion | -$1.23 Billion | 0.66x | N/A |
| 2021 | $489.97 Million | $779.98 Million | -$718.72 Million | 0.63x | N/A |
| 2022 | $444.44 Million | $421.07 Million | -$745.44 Million | 1.06x | N/A |
| 2023 | $691.59 Million | $366.83 Million | $82.57 Million | 1.89x | 8.38x |
| 2024 | $992.95 Million | $405.37 Million | -$22.13 Million | 2.45x | N/A |
| 2025 | $1.55 Billion | $436.11 Million | -$19.18 Million | 3.56x | N/A |
Competitor Companies of 600589 by Market Capitalization
Companies near Guangdong Rongtai Industry Co Ltd in the global market cap rankings as of October 14, 2026. See how leveraged is Guangdong Rongtai Industry Co Ltd's balance sheet to understand what proportion of total assets are financed by equity.
Key companies related to Guangdong Rongtai Industry Co Ltd by market ranking:
- BASF SE (F:BASA): Ranked #599 globally with a market cap of $45.63 Billion USD ( €39.03 Billion EUR).
- BASF SE (XETRA:BAS): Ranked #612 globally with a market cap of $44.62 Billion USD ( €38.17 Billion EUR).
- Ningxia Baofeng Energy Group Co Ltd (SHG:600989): Ranked #1094 globally with a market cap of $24.22 Billion USD ( CN¥165.51 Billion CNY).
- Dow Inc (NYSE:DOW): Ranked #1252 globally with a market cap of $20.27 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #599 | BASF SE | F:BASA | $45.63 Billion | €12.60 |
| #612 | BASF SE | XETRA:BAS | $44.62 Billion | €51.27 |
| #1094 | Ningxia Baofeng Energy Group Co Ltd | SHG:600989 | $24.22 Billion | CN¥22.57 |
| #1252 | Dow Inc | NYSE:DOW | $20.27 Billion | $28.12 |
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 $3.55 Billion to $ 1.50 Billion, with a yearly change of -0.80%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.50 Billion | -3.63% |
| 2025 | CN¥1.55 Billion | +56.33% |
| 2024 | CN¥992.95 Million | +43.57% |
| 2023 | CN¥691.59 Million | +55.61% |
| 2022 | CN¥444.44 Million | -9.29% |
| 2021 | CN¥489.97 Million | -30.67% |
| 2020 | CN¥706.77 Million | -40.07% |
| 2019 | CN¥1.18 Billion | +33.90% |
| 2018 | CN¥880.77 Million | -31.88% |
| 2017 | CN¥1.29 Billion | -30.14% |
| 2016 | CN¥1.85 Billion | -47.84% |
| 2015 | CN¥3.55 Billion | -- |
End of Day Market Cap According to Different Sources
On Oct 13th, 2026 the market cap of Guangdong Rongtai Industry Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.50 Billion USD |
| MoneyControl | $1.50 Billion USD |
| MarketWatch | $1.50 Billion USD |
| marketcap.company | $1.50 Billion USD |
| Reuters | $1.50 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 technical services, as well as technical services, including development, consulting, exchange, transfer, and promotion services. It… Read more