Snowsky Salt Industry Group Co Ltd (SHG:600929) — Market Cap & Net Worth
Market Cap & Net Worth: Snowsky Salt Industry Group Co Ltd (600929)
Snowsky Salt Industry Group Co Ltd (SHG:600929) has a market capitalization of $1.66 Billion (CN¥11.37 Billion) as of May 4, 2026. Listed on the SHG stock exchange, this China-based company holds position #6942 globally and #1613 in its home market, demonstrating a -4.28% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Snowsky Salt Industry Group Co Ltd's stock price CN¥6.93 by its total outstanding shares 1640113256 (1.64 Billion). Analyse 600929 cash flow conversion to see how efficiently the company converts income to cash.
Snowsky Salt Industry Group Co Ltd Market Cap History: 2018 to 2026
Snowsky Salt Industry Group Co Ltd's market capitalization history from 2018 to 2026. Data shows growth from $1.83 Billion to $1.66 Billion (4.29% CAGR).
Snowsky Salt Industry Group Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Snowsky Salt Industry Group 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
0.25x
Snowsky Salt Industry Group Co Ltd's market cap is 0.25 times its annual revenue
Latest Price to Earnings (P/E) Ratio
4.42x
Snowsky Salt Industry Group Co Ltd's market cap is 4.42 times its annual 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 |
|---|---|---|---|---|---|
| 2018 | $1.83 Billion | $2.30 Billion | $142.38 Million | 0.79x | 12.85x |
| 2019 | $1.47 Billion | $2.27 Billion | $147.00 Million | 0.65x | 9.98x |
| 2020 | $1.25 Billion | $3.54 Billion | $191.94 Million | 0.35x | 6.50x |
| 2021 | $1.69 Billion | $4.78 Billion | $401.71 Million | 0.35x | 4.22x |
| 2022 | $1.86 Billion | $6.44 Billion | $769.20 Million | 0.29x | 2.42x |
| 2023 | $1.55 Billion | $6.26 Billion | $708.75 Million | 0.25x | 2.18x |
| 2024 | $1.34 Billion | $5.39 Billion | $303.83 Million | 0.25x | 4.42x |
Competitor Companies of 600929 by Market Capitalization
Companies near Snowsky Salt Industry Group Co Ltd in the global market cap rankings as of May 4, 2026.
Key companies related to Snowsky Salt Industry Group Co Ltd by market ranking:
- BASF SE (F:BASA): Ranked #536 globally with a market cap of $49.38 Billion USD ( €42.24 Billion EUR).
- BASF SE (XETRA:BAS): Ranked #575 globally with a market cap of $45.45 Billion USD ( €38.87 Billion EUR).
- Ningxia Baofeng Energy Group Co Ltd (SHG:600989): Ranked #802 globally with a market cap of $32.94 Billion USD ( CN¥225.13 Billion CNY).
- Hengli Petrochemical Co Ltd (SHG:600346): Ranked #1121 globally with a market cap of $22.75 Billion USD ( CN¥155.49 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #536 | BASF SE | F:BASA | $49.38 Billion | €13.80 |
| #575 | BASF SE | XETRA:BAS | $45.45 Billion | €54.74 |
| #802 | Ningxia Baofeng Energy Group Co Ltd | SHG:600989 | $32.94 Billion | CN¥30.70 |
| #1121 | Hengli Petrochemical Co Ltd | SHG:600346 | $22.75 Billion | CN¥22.09 |
Snowsky Salt Industry Group Co Ltd Historical Marketcap From 2018 to 2026
Between 2018 and today, Snowsky Salt Industry Group Co Ltd's market cap moved from $1.83 Billion to $ 1.66 Billion, with a yearly change of 4.29%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.66 Billion | +22.65% |
| 2025 | CN¥1.36 Billion | +1.07% |
| 2024 | CN¥1.34 Billion | -13.33% |
| 2023 | CN¥1.55 Billion | -16.80% |
| 2022 | CN¥1.86 Billion | +9.84% |
| 2021 | CN¥1.69 Billion | +35.88% |
| 2020 | CN¥1.25 Billion | -15.02% |
| 2019 | CN¥1.47 Billion | -19.83% |
| 2018 | CN¥1.83 Billion | -- |
End of Day Market Cap According to Different Sources
On May 4th, 2026 the market cap of Snowsky Salt Industry Group Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.66 Billion USD |
| MoneyControl | $1.66 Billion USD |
| MarketWatch | $1.66 Billion USD |
| marketcap.company | $1.66 Billion USD |
| Reuters | $1.66 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Snowsky Salt Industry Group Co Ltd
Snowsky Salt Industry Group CO.,LTD engages in production and sale of salt and salt chemical products in China. The company offers edible salt, industrial salt, daily chemical salt, livestock salt, Glauber's salt, caustic soda, soda ash, ammonium chloride, liquid chlorine, hydrogen peroxide, mirabilite, edible small package salt, food processing salt, and other products. It also exports its produ… Read more