Zhejiang Xinneng Photovoltaic Technology Co Ltd
Zhejiang Sunoren Solar Technology Co.,Ltd. engages in the investment, development, construction, operation, of distributed photovoltaic power stations in China. The company operates distributed power and energy storage stations, smart electric vehicle charging stations, and energy cloud platform, as well as offers intelligent operation and maintenance services, module manufacturing services, and … Read more
Market Cap & Net Worth: Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105)
Zhejiang Xinneng Photovoltaic Technology Co Ltd (SHG:603105) has a market capitalization of $729.17 Million (CN¥5.35 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #11320 globally and #2638 in its home market, demonstrating a 4.59% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Zhejiang Xinneng Photovoltaic Technology Co Ltd's stock price CN¥10.70 by its total outstanding shares 500009102 (500.01 Million).
Zhejiang Xinneng Photovoltaic Technology Co Ltd Market Cap History: 2018 to 2026
Zhejiang Xinneng Photovoltaic Technology Co Ltd's market capitalization history from 2018 to 2026. Data shows growth from $865.57 Million to $729.17 Million (6.16% CAGR).
Zhejiang Xinneng Photovoltaic Technology Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Zhejiang Xinneng Photovoltaic Technology 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
0.89x
Zhejiang Xinneng Photovoltaic Technology Co Ltd's market cap is 0.89 times its annual revenue
0.20x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
3.17x
Zhejiang Xinneng Photovoltaic Technology Co Ltd's market cap is 3.17 times its annual earnings
6.04x
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 |
|---|---|---|---|---|---|
| 2018 | $865.57 Million | $384.17 Million | $66.16 Million | 2.25x | 13.08x |
| 2019 | $476.97 Million | $387.10 Million | $42.12 Million | 1.23x | 11.32x |
| 2020 | $616.39 Million | $426.75 Million | $80.89 Million | 1.44x | 7.62x |
| 2021 | $1.12 Billion | $445.13 Million | $110.01 Million | 2.51x | 10.15x |
| 2022 | $996.14 Million | $649.88 Million | $191.46 Million | 1.53x | 5.20x |
| 2023 | $789.14 Million | $686.21 Million | $220.16 Million | 1.15x | 3.58x |
| 2024 | $614.00 Million | $688.86 Million | $193.59 Million | 0.89x | 3.17x |
Competitor Companies of 603105 by Market Capitalization
Companies near Zhejiang Xinneng Photovoltaic Technology Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Zhejiang Xinneng Photovoltaic Technology Co Ltd by market ranking:
- First Solar Inc (NASDAQ:FSLR): Ranked #957 globally with a market cap of $20.32 Billion USD.
- Nextracker Inc. Class A Common Stock (NASDAQ:NXT): Ranked #1122 globally with a market cap of $17.18 Billion USD.
- Tongwei Co Ltd (SHG:600438): Ranked #2454 globally with a market cap of $5.96 Billion USD ( CN¥43.70 Billion CNY).
- Enphase Energy Inc (NASDAQ:ENPH): Ranked #2639 globally with a market cap of $5.36 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #957 | First Solar Inc | NASDAQ:FSLR | $20.32 Billion | $200.42 |
| #1122 | Nextracker Inc. Class A Common Stock | NASDAQ:NXT | $17.18 Billion | $121.84 |
| #2454 | Tongwei Co Ltd | SHG:600438 | $5.96 Billion | CN¥19.32 |
| #2639 | Enphase Energy Inc | NASDAQ:ENPH | $5.36 Billion | $44.70 |
Zhejiang Xinneng Photovoltaic Technology Co Ltd Historical Marketcap From 2018 to 2026
Between 2018 and today, Zhejiang Xinneng Photovoltaic Technology Co Ltd's market cap moved from $865.57 Million to $ 729.17 Million, with a yearly change of 6.16%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥729.17 Million | +16.43% |
| 2025 | CN¥626.27 Million | +2.00% |
| 2024 | CN¥614.00 Million | -22.19% |
| 2023 | CN¥789.14 Million | -20.78% |
| 2022 | CN¥996.14 Million | -10.75% |
| 2021 | CN¥1.12 Billion | +81.07% |
| 2020 | CN¥616.39 Million | +29.23% |
| 2019 | CN¥476.97 Million | -44.89% |
| 2018 | CN¥865.57 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Zhejiang Xinneng Photovoltaic Technology Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $729.17 Million USD |
| MoneyControl | $729.17 Million USD |
| MarketWatch | $729.17 Million USD |
| marketcap.company | $729.17 Million USD |
| Reuters | $729.17 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.