Zhejiang Taihua New Material (SHG:603055) — Market Cap & Net Worth
Market Cap & Net Worth: Zhejiang Taihua New Material (603055)
Zhejiang Taihua New Material (SHG:603055) has a market capitalization of $1.03 Billion (CN¥7.02 Billion) as of June 23, 2026. Listed on the SHG stock exchange, this China-based company holds position #8960 globally and #2261 in its home market, demonstrating a -4.14% 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¥7.88 by its total outstanding shares 890293249 (890.29 Million). Review debt load of Zhejiang Taihua New Material to assess the company's total debt and financial obligations.
Zhejiang Taihua New Material Market Cap History: 2017 to 2026
Zhejiang Taihua New Material's market capitalization history from 2017 to 2026. Data shows change from $1.43 Billion to $1.03 Billion (-1.16% CAGR).
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.
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 June 23, 2026.
Key companies related to Zhejiang Taihua New Material by market ranking:
- TORAY INDUSTRIES ADR/2 (F:6HK): Ranked #2405 globally with a market cap of $9.16 Billion USD ( €7.83 Billion EUR).
- TongKun Group Co Ltd (SHG:601233): Ranked #2832 globally with a market cap of $7.31 Billion USD ( CN¥49.94 Billion CNY).
- HMT(Xiamen)New Technical (SHG:603306): Ranked #3447 globally with a market cap of $5.38 Billion USD ( CN¥36.74 Billion CNY).
- Far Eastern New Century Corp (TW:1402): Ranked #3684 globally with a market cap of $4.86 Billion USD ( NT$154.41 Billion TWD).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #2405 | TORAY INDUSTRIES ADR/2 | F:6HK | $9.16 Billion | €11.80 |
| #2832 | TongKun Group Co Ltd | SHG:601233 | $7.31 Billion | CN¥20.99 |
| #3447 | HMT(Xiamen)New Technical | SHG:603306 | $5.38 Billion | CN¥111.50 |
| #3684 | Far Eastern New Century Corp | TW:1402 | $4.86 Billion | NT$28.85 |
Zhejiang Taihua New Material Historical Marketcap From 2017 to 2026
Between 2017 and today, Zhejiang Taihua New Material's market cap moved from $1.43 Billion to $ 1.03 Billion, with a yearly change of -1.16%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.03 Billion | -16.53% |
| 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 Jun 22nd, 2026 the market cap of Zhejiang Taihua New Material was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.03 Billion USD |
| MoneyControl | $1.03 Billion USD |
| MarketWatch | $1.03 Billion USD |
| marketcap.company | $1.03 Billion USD |
| Reuters | $1.03 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