Zhejiang Taihua New Material Market Cap ($1.07 Billion)
Market Cap & Net Worth: Zhejiang Taihua New Material (603055)
Zhejiang Taihua New Material market cap. Zhejiang Taihua New Material (SHG:603055) has a market capitalization of $1.07 Billion (CN¥7.34 Billion) as of November 8, 2026. Listed on the SHG stock exchange, this China-based company holds position #8292 globally and #1893 in its home market, demonstrating a -9.54% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Zhejiang Taihua New Material's stock price CN¥8.25 by its total outstanding shares 890293742 (890.29 Million). Also see cash efficiency ratio of Zhejiang Taihua New Material for how efficiently the company converts equity into cash flow.
Zhejiang Taihua New Material Market Cap History (2017–2026)
Zhejiang Taihua New Material market cap history from 2017 to 2026. Data shows change from $1.43 Billion to $1.07 Billion (-0.61% CAGR). Check 603055 stock price and chart for real-time trading data and today's change.
Zhejiang Taihua New Material Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Zhejiang Taihua New Material'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. Explore net asset growth rate of Zhejiang Taihua New Material to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
0.19x
Zhejiang Taihua New Material's market cap is 0.19 times its annual revenue
Latest Price to Earnings (P/E) Ratio
2.31x
Zhejiang Taihua New Material's market cap is 2.31 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 |
|---|---|---|---|---|---|
| 2017 | $1.43 Billion | $2.73 Billion | $366.52 Million | 0.53x | 3.91x |
| 2018 | $920.97 Million | $2.97 Billion | $344.60 Million | 0.31x | 2.67x |
| 2019 | $853.57 Million | $2.69 Billion | $195.89 Million | 0.32x | 4.36x |
| 2020 | $765.10 Million | $2.50 Billion | $119.74 Million | 0.31x | 6.39x |
| 2021 | $2.05 Billion | $4.26 Billion | $463.71 Million | 0.48x | 4.41x |
| 2022 | $1.30 Billion | $4.01 Billion | $268.68 Million | 0.33x | 4.85x |
| 2023 | $1.57 Billion | $5.09 Billion | $449.11 Million | 0.31x | 3.49x |
| 2024 | $1.44 Billion | $7.12 Billion | $725.72 Million | 0.20x | 1.99x |
| 2025 | $1.23 Billion | $6.41 Billion | $531.27 Million | 0.19x | 2.31x |
Competitor Companies of 603055 by Market Capitalization
Companies near Zhejiang Taihua New Material in the global market cap rankings as of November 8, 2026. Also see 603055 total assets for a full breakdown of the balance sheet.
Key companies related to Zhejiang Taihua New Material by market ranking:
- TORAY INDUSTRIES ADR/2 (F:6HK): Ranked #2305 globally with a market cap of $9.16 Billion USD ( €7.83 Billion EUR).
- TongKun Group Co Ltd (SHG:601233): Ranked #2499 globally with a market cap of $8.14 Billion USD ( CN¥55.60 Billion CNY).
- Far Eastern New Century Corp (TW:1402): Ranked #3610 globally with a market cap of $4.68 Billion USD ( NT$148.52 Billion TWD).
- K.P.R. Mill Limited (NSE:KPRMILL): Ranked #3829 globally with a market cap of $4.30 Billion USD ( Rs398.01 Billion INR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #2305 | TORAY INDUSTRIES ADR/2 | F:6HK | $9.16 Billion | €11.80 |
| #2499 | TongKun Group Co Ltd | SHG:601233 | $8.14 Billion | CN¥23.37 |
| #3610 | Far Eastern New Century Corp | TW:1402 | $4.68 Billion | NT$27.75 |
| #3829 | K.P.R. Mill Limited | NSE:KPRMILL | $4.30 Billion | Rs1164.40 |
Market Capitalization of Zhejiang Taihua New Material (2017–2026)
Market capitalization of Zhejiang Taihua New Material from 2017 to today. Between 2017 and today, Zhejiang Taihua New Material's market cap moved from $1.43 Billion to $ 1.07 Billion, with a yearly change of -0.61%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.07 Billion | -12.61% |
| 2025 | CN¥1.23 Billion | -14.80% |
| 2024 | CN¥1.44 Billion | -7.97% |
| 2023 | CN¥1.57 Billion | +20.29% |
| 2022 | CN¥1.30 Billion | -36.26% |
| 2021 | CN¥2.05 Billion | +167.39% |
| 2020 | CN¥765.10 Million | -10.36% |
| 2019 | CN¥853.57 Million | -7.32% |
| 2018 | CN¥920.97 Million | -35.77% |
| 2017 | CN¥1.43 Billion | -- |
End of Day Market Cap According to Different Sources
On Nov 8th, 2026 the market cap of Zhejiang Taihua New Material was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.07 Billion USD |
| MoneyControl | $1.07 Billion USD |
| MarketWatch | $1.07 Billion USD |
| marketcap.company | $1.07 Billion USD |
| Reuters | $1.07 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Zhejiang Taihua New Material
Zhejiang Taihua New Material Group Co., Ltd. engages in research, development, spinning, weaving, dyeing, finishing, and selling of environmental protection and health, outdoor sports, special protection, and other fabrics in the People's Republic of China. The company offers cool, antibacterial, hygroscopic and sweat releasing, recycled environment-friendly, nylon mechanical stretch, air texture… Read more