Ningbo Thermal Power Co Ltd
Ningbo Energy Group Co.,Ltd., together with its subsidiaries, engages in the power generation activities in China. It operates coal-fired power plants, coal-fired gas-fired thermal power plants, hydroelectric, and renewable energy power plants. The company is also involved in the cogeneration of heat and power, biomass power generation, pumped storage power generation, bulk commodity trading, and… Read more
Market Cap & Net Worth: Ningbo Thermal Power Co Ltd (600982)
Ningbo Thermal Power Co Ltd (SHG:600982) has a market capitalization of $787.51 Million (CN¥5.78 Billion) as of March 19, 2026. Listed on the SHG stock exchange, this China-based company holds position #12190 globally and #3008 in its home market, demonstrating a 3.61% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Ningbo Thermal Power Co Ltd's stock price CN¥5.17 by its total outstanding shares 1117627485 (1.12 Billion).
Ningbo Thermal Power Co Ltd Market Cap History: 2015 to 2026
Ningbo Thermal Power Co Ltd's market capitalization history from 2015 to 2026. Data shows change from $971.32 Million to $787.51 Million (-1.32% CAGR).
Ningbo Thermal Power Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Ningbo Thermal Power 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
0.15x
Ningbo Thermal Power Co Ltd's market cap is 0.15 times its annual revenue
0.40x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
2.20x
Ningbo Thermal Power Co Ltd's market cap is 2.20 times its annual earnings
3.07x
Lower than industry averageWhat 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 | $971.32 Million | $1.00 Billion | $92.02 Million | 0.97x | 10.56x |
| 2016 | $718.00 Million | $1.21 Billion | $83.99 Million | 0.59x | 8.55x |
| 2017 | $566.75 Million | $1.56 Billion | $95.99 Million | 0.36x | 5.90x |
| 2018 | $442.80 Million | $1.74 Billion | $154.46 Million | 0.25x | 2.87x |
| 2019 | $409.28 Million | $3.41 Billion | $119.15 Million | 0.12x | 3.43x |
| 2020 | $516.46 Million | $4.41 Billion | $260.09 Million | 0.12x | 1.99x |
| 2021 | $671.45 Million | $6.91 Billion | $473.75 Million | 0.10x | 1.42x |
| 2022 | $631.67 Million | $9.30 Billion | $343.37 Million | 0.07x | 1.84x |
| 2023 | $623.00 Million | $5.39 Billion | $407.40 Million | 0.12x | 1.53x |
| 2024 | $627.57 Million | $4.24 Billion | $284.96 Million | 0.15x | 2.20x |
Competitor Companies of 600982 by Market Capitalization
Companies near Ningbo Thermal Power Co Ltd in the global market cap rankings as of March 19, 2026.
Key companies related to Ningbo Thermal Power Co Ltd by market ranking:
- Nextera Energy Inc (NYSE:NEE): Ranked #80 globally with a market cap of $189.64 Billion USD.
- NATIONAL GRID CEDEAR EACH REP 1 (BA:NGG): Ranked #143 globally with a market cap of $127.42 Billion USD ( AR$132.53 Trillion ARS).
- Southern Company (NYSE:SO): Ranked #202 globally with a market cap of $97.89 Billion USD.
- Duke Energy Corporation (NYSE:DUK): Ranked #210 globally with a market cap of $96.16 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #80 | Nextera Energy Inc | NYSE:NEE | $189.64 Billion | $90.96 |
| #143 | NATIONAL GRID CEDEAR EACH REP 1 | BA:NGG | $127.42 Billion | AR$66725.00 |
| #202 | Southern Company | NYSE:SO | $97.89 Billion | $96.54 |
| #210 | Duke Energy Corporation | NYSE:DUK | $96.16 Billion | $130.75 |
Ningbo Thermal Power Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Ningbo Thermal Power Co Ltd's market cap moved from $971.32 Million to $ 787.51 Million, with a yearly change of -1.32%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥787.51 Million | +19.12% |
| 2025 | CN¥661.08 Million | +5.34% |
| 2024 | CN¥627.57 Million | +0.73% |
| 2023 | CN¥623.00 Million | -1.37% |
| 2022 | CN¥631.67 Million | -5.93% |
| 2021 | CN¥671.45 Million | +30.01% |
| 2020 | CN¥516.46 Million | +26.19% |
| 2019 | CN¥409.28 Million | -7.57% |
| 2018 | CN¥442.80 Million | -21.87% |
| 2017 | CN¥566.75 Million | -21.07% |
| 2016 | CN¥718.00 Million | -26.08% |
| 2015 | CN¥971.32 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 19th, 2026 the market cap of Ningbo Thermal Power Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $787.51 Million USD |
| MoneyControl | $787.51 Million USD |
| MarketWatch | $787.51 Million USD |
| marketcap.company | $787.51 Million USD |
| Reuters | $787.51 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.