Jiangsu Safety Wire Rope
Jiangsu Safety Group Co.,Ltd. engages in the research, development, production, and sales of wire ropes and rigging for elevators and cranes in China and internationally. The company offers elevator wire ropes, such as low-, mid-, and high-rise traction, as well as governor, compensating, and door closing ropes; and crane wire ropes, including rotation resistant, round strand, compacted strand, s… Read more
Market Cap & Net Worth: Jiangsu Safety Wire Rope (603028)
Jiangsu Safety Wire Rope (SHG:603028) has a market capitalization of $365.78 Million (CN¥2.68 Billion) as of March 19, 2026. Listed on the SHG stock exchange, this China-based company holds position #14420 globally and #3792 in its home market, demonstrating a -0.95% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Jiangsu Safety Wire Rope's stock price CN¥9.35 by its total outstanding shares 287040000 (287.04 Million).
Jiangsu Safety Wire Rope Market Cap History: 2016 to 2026
Jiangsu Safety Wire Rope's market capitalization history from 2016 to 2026. Data shows growth from $776.45 Million to $365.78 Million (7.38% CAGR).
Jiangsu Safety Wire Rope Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Jiangsu Safety Wire Rope'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
0.19x
Jiangsu Safety Wire Rope's market cap is 0.19 times its annual revenue
0.02x
Higher than industry averageLatest 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 | $776.45 Million | $518.72 Million | $31.12 Million | 1.50x | 24.95x |
| 2017 | $304.17 Million | $554.73 Million | $24.04 Million | 0.55x | 12.65x |
| 2018 | $215.39 Million | $547.36 Million | $16.91 Million | 0.39x | 12.74x |
| 2019 | $350.02 Million | $631.85 Million | $14.37 Million | 0.55x | 24.37x |
| 2020 | $319.81 Million | $750.50 Million | $53.77 Million | 0.43x | 5.95x |
| 2021 | $520.02 Million | $915.56 Million | $56.96 Million | 0.57x | 9.13x |
| 2022 | $361.09 Million | $795.95 Million | -$79.42 Million | 0.45x | N/A |
| 2023 | $436.20 Million | $1.61 Billion | $31.84 Million | 0.27x | 13.70x |
| 2024 | $237.07 Million | $1.25 Billion | -$189.13 Million | 0.19x | N/A |
Competitor Companies of 603028 by Market Capitalization
Companies near Jiangsu Safety Wire Rope in the global market cap rankings as of March 19, 2026.
Key companies related to Jiangsu Safety Wire Rope by market ranking:
- Nucor Corp (NYSE:NUE): Ranked #593 globally with a market cap of $35.76 Billion USD.
- Steel Dynamics Inc (NASDAQ:STLD): Ranked #839 globally with a market cap of $23.47 Billion USD.
- Nippon Steel Corporation (PINK:NISTF): Ranked #985 globally with a market cap of $19.91 Billion USD.
- Reliance Steel & Aluminum Co (NYSE:RS): Ranked #1207 globally with a market cap of $15.56 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #593 | Nucor Corp | NYSE:NUE | $35.76 Billion | $162.08 |
| #839 | Steel Dynamics Inc | NASDAQ:STLD | $23.47 Billion | $172.63 |
| #985 | Nippon Steel Corporation | PINK:NISTF | $19.91 Billion | $19.62 |
| #1207 | Reliance Steel & Aluminum Co | NYSE:RS | $15.56 Billion | $299.04 |
Jiangsu Safety Wire Rope Historical Marketcap From 2016 to 2026
Between 2016 and today, Jiangsu Safety Wire Rope's market cap moved from $776.45 Million to $ 365.78 Million, with a yearly change of 7.38%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥365.78 Million | +0.32% |
| 2025 | CN¥364.61 Million | +53.80% |
| 2024 | CN¥237.07 Million | -45.65% |
| 2023 | CN¥436.20 Million | +20.80% |
| 2022 | CN¥361.09 Million | -30.56% |
| 2021 | CN¥520.02 Million | +62.61% |
| 2020 | CN¥319.81 Million | -8.63% |
| 2019 | CN¥350.02 Million | +62.51% |
| 2018 | CN¥215.39 Million | -29.19% |
| 2017 | CN¥304.17 Million | -60.83% |
| 2016 | CN¥776.45 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Jiangsu Safety Wire Rope was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $365.78 Million USD |
| MoneyControl | $365.78 Million USD |
| MarketWatch | $365.78 Million USD |
| marketcap.company | $365.78 Million USD |
| Reuters | $365.78 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.