ADD Industry Zhejiang Co Ltd (SHG:603089) — Market Cap & Net Worth
Market Cap & Net Worth: ADD Industry Zhejiang Co Ltd (603089)
ADD Industry Zhejiang Co Ltd (SHG:603089) has a market capitalization of $338.95 Million (CN¥2.32 Billion) as of September 24, 2026. Listed on the SHG stock exchange, this China-based company holds position #14404 globally and #4334 in its home market, demonstrating a 2.12% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying ADD Industry Zhejiang Co Ltd's stock price CN¥9.65 by its total outstanding shares 240033268 (240.03 Million). Also see ADD Industry Zhejiang Co Ltd total assets for a full breakdown of the balance sheet.
ADD Industry Zhejiang Co Ltd Market Cap History: 2017 to 2026
ADD Industry Zhejiang Co Ltd's market capitalization history from 2017 to 2026. Data shows growth from $382.61 Million to $338.95 Million (2.58% CAGR). Also see ADD Industry Zhejiang Co Ltd (603089) cash flow conversion for how efficiently the company converts equity into cash flow.
ADD Industry Zhejiang Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how ADD Industry Zhejiang 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. Check ADD Industry Zhejiang Co Ltd (603089) stock price for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.14x
ADD Industry Zhejiang Co Ltd's market cap is 0.14 times its annual revenue
Latest Price to Earnings (P/E) Ratio
4.41x
ADD Industry Zhejiang Co Ltd's market cap is 4.41 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 | $382.61 Million | $843.13 Million | $72.00 Million | 0.45x | 5.31x |
| 2018 | $263.37 Million | $1.08 Billion | $100.76 Million | 0.24x | 2.61x |
| 2019 | $341.61 Million | $1.11 Billion | $102.72 Million | 0.31x | 3.33x |
| 2020 | $384.05 Million | $1.14 Billion | $109.90 Million | 0.34x | 3.49x |
| 2021 | $318.99 Million | $1.61 Billion | $62.65 Million | 0.20x | 5.09x |
| 2022 | $286.69 Million | $1.70 Billion | $70.60 Million | 0.17x | 4.06x |
| 2023 | $403.23 Million | $1.76 Billion | $58.87 Million | 0.23x | 6.85x |
| 2024 | $315.07 Million | $2.30 Billion | $71.46 Million | 0.14x | 4.41x |
Competitor Companies of 603089 by Market Capitalization
Companies near ADD Industry Zhejiang Co Ltd in the global market cap rankings as of September 24, 2026. Review 603089 tangible net assets ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to ADD Industry Zhejiang Co Ltd by market ranking:
- O’Reilly Automotive Inc (NASDAQ:ORLY): Ranked #403 globally with a market cap of $71.12 Billion USD.
- AutoZone Inc (NYSE:AZO): Ranked #578 globally with a market cap of $47.26 Billion USD.
- DENSO CORP. ADR 4 (F:DNOA): Ranked #951 globally with a market cap of $28.19 Billion USD ( €24.12 Billion EUR).
- SUMITOMO EL.IND.ADR (F:SMO1): Ranked #1040 globally with a market cap of $25.89 Billion USD ( €22.15 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #403 | O’Reilly Automotive Inc | NASDAQ:ORLY | $71.12 Billion | $85.82 |
| #578 | AutoZone Inc | NYSE:AZO | $47.26 Billion | $2894.73 |
| #951 | DENSO CORP. ADR 4 | F:DNOA | $28.19 Billion | €9.95 |
| #1040 | SUMITOMO EL.IND.ADR | F:SMO1 | $25.89 Billion | €54.00 |
ADD Industry Zhejiang Co Ltd Historical Marketcap From 2017 to 2026
Between 2017 and today, ADD Industry Zhejiang Co Ltd's market cap moved from $382.61 Million to $ 338.95 Million, with a yearly change of 2.58%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥338.95 Million | -23.84% |
| 2025 | CN¥445.03 Million | +41.25% |
| 2024 | CN¥315.07 Million | -21.86% |
| 2023 | CN¥403.23 Million | +40.65% |
| 2022 | CN¥286.69 Million | -10.12% |
| 2021 | CN¥318.99 Million | -16.94% |
| 2020 | CN¥384.05 Million | +12.42% |
| 2019 | CN¥341.61 Million | +29.71% |
| 2018 | CN¥263.37 Million | -31.16% |
| 2017 | CN¥382.61 Million | -- |
End of Day Market Cap According to Different Sources
On Sep 23rd, 2026 the market cap of ADD Industry Zhejiang Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $338.95 Million USD |
| MoneyControl | $338.95 Million USD |
| MarketWatch | $338.95 Million USD |
| marketcap.company | $338.95 Million USD |
| Reuters | $338.95 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About ADD Industry Zhejiang Co Ltd
ADD Industry (Zhejiang) CO., LTD manufactures and sells shock absorbers for vehicle suspension systems in China and internationally. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger vehicles and commercial vehicles. The company als… Read more