CITIC Heavy Industries Co Ltd
CITIC Heavy Industries Co., Ltd. manufactures and sells heavy machinery in China and internationally. The company operates in four segments: Mining and Heavy Equipment, Robotics and Intelligent Equipment, New Energy Equipment, and Special Materials. It offers grinding mills; crushers; vertical stirred mills; high pressure grinding rolls; mine hoists; vertical roller mills; rotary kilns; and liner… Read more
Market Cap & Net Worth: CITIC Heavy Industries Co Ltd (601608)
CITIC Heavy Industries Co Ltd (SHG:601608) has a market capitalization of $4.43 Billion (CN¥32.51 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #5349 globally and #695 in its home market, demonstrating a -3.27% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying CITIC Heavy Industries Co Ltd's stock price CN¥7.10 by its total outstanding shares 4579553437 (4.58 Billion).
CITIC Heavy Industries Co Ltd Market Cap History: 2015 to 2026
CITIC Heavy Industries Co Ltd's market capitalization history from 2015 to 2026. Data shows growth from $4.19 Billion to $4.43 Billion (0.02% CAGR).
CITIC Heavy Industries Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how CITIC Heavy Industries 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
0.33x
CITIC Heavy Industries Co Ltd's market cap is 0.33 times its annual revenue
0.92x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
7.00x
CITIC Heavy Industries Co Ltd's market cap is 7.00 times its annual earnings
7.61x
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 | $4.19 Billion | $4.02 Billion | $61.97 Million | 1.04x | 67.65x |
| 2016 | $3.45 Billion | $3.77 Billion | -$1.58 Billion | 0.91x | N/A |
| 2017 | $2.53 Billion | $4.62 Billion | $31.32 Million | 0.55x | 80.84x |
| 2018 | $1.60 Billion | $5.20 Billion | $106.16 Million | 0.31x | 15.09x |
| 2019 | $2.29 Billion | $5.24 Billion | $116.90 Million | 0.44x | 19.62x |
| 2020 | $2.45 Billion | $6.32 Billion | $195.13 Million | 0.39x | 12.53x |
| 2021 | $2.76 Billion | $7.55 Billion | $226.60 Million | 0.37x | 12.20x |
| 2022 | $2.17 Billion | $8.83 Billion | $145.57 Million | 0.25x | 14.92x |
| 2023 | $2.41 Billion | $9.56 Billion | $383.60 Million | 0.25x | 6.28x |
| 2024 | $2.62 Billion | $8.03 Billion | $374.55 Million | 0.33x | 7.00x |
Competitor Companies of 601608 by Market Capitalization
Companies near CITIC Heavy Industries Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to CITIC Heavy Industries Co Ltd by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #70 globally with a market cap of $222.61 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #90 globally with a market cap of $176.41 Billion USD ( €171.86 Billion EUR).
- Siemens AG Class N (PINK:SMAWF): Ranked #111 globally with a market cap of $155.24 Billion USD.
- Eaton Corporation PLC (NYSE:ETN): Ranked #140 globally with a market cap of $133.05 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #70 | GE Vernova LLC | NYSE:GEV | $222.61 Billion | $827.37 |
| #90 | Siemens Aktiengesellschaft | XETRA:SIE | $176.41 Billion | €220.30 |
| #111 | Siemens AG Class N | PINK:SMAWF | $155.24 Billion | $199.00 |
| #140 | Eaton Corporation PLC | NYSE:ETN | $133.05 Billion | $361.04 |
CITIC Heavy Industries Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, CITIC Heavy Industries Co Ltd's market cap moved from $4.19 Billion to $ 4.43 Billion, with a yearly change of 0.02%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥4.43 Billion | +7.74% |
| 2025 | CN¥4.11 Billion | +56.90% |
| 2024 | CN¥2.62 Billion | +8.81% |
| 2023 | CN¥2.41 Billion | +10.92% |
| 2022 | CN¥2.17 Billion | -21.43% |
| 2021 | CN¥2.76 Billion | +13.06% |
| 2020 | CN¥2.45 Billion | +6.64% |
| 2019 | CN¥2.29 Billion | +43.19% |
| 2018 | CN¥1.60 Billion | -36.75% |
| 2017 | CN¥2.53 Billion | -26.56% |
| 2016 | CN¥3.45 Billion | -17.75% |
| 2015 | CN¥4.19 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of CITIC Heavy Industries Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $4.43 Billion USD |
| MoneyControl | $4.43 Billion USD |
| MarketWatch | $4.43 Billion USD |
| marketcap.company | $4.43 Billion USD |
| Reuters | $4.43 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.