Shanghai Hugong Elec(Group)
Shanghai Hugong Electric Group Co.,Ltd. manufactures and sells welding and cutting equipment in China and internationally. The company offers welding machines, including stick welders, MIG/MAG welders, TIG welders, plasma cutters, submerged arc welders, engine driven welders, and laser welders; laser cutting machines; and plasma cutting machines comprising CNC flame and plasma cutting machines, a… Read more
Market Cap & Net Worth: Shanghai Hugong Elec(Group) (603131)
Shanghai Hugong Elec(Group) (SHG:603131) has a market capitalization of $1.03 Billion (CN¥7.59 Billion) as of March 19, 2026. Listed on the SHG stock exchange, this China-based company holds position #10362 globally and #2278 in its home market, demonstrating a -4.93% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Shanghai Hugong Elec(Group)'s stock price CN¥22.54 by its total outstanding shares 336907220 (336.91 Million).
Shanghai Hugong Elec(Group) Market Cap History: 2016 to 2026
Shanghai Hugong Elec(Group)'s market capitalization history from 2016 to 2026. Data shows growth from $915.37 Million to $1.03 Billion (16.79% CAGR).
Shanghai Hugong Elec(Group) Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Shanghai Hugong Elec(Group)'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
0.72x
Shanghai Hugong Elec(Group)'s market cap is 0.72 times its annual revenue
0.92x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
62.06x
Shanghai Hugong Elec(Group)'s market cap is 62.06 times its annual earnings
7.63x
Higher 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 |
|---|---|---|---|---|---|
| 2016 | $915.37 Million | $500.12 Million | $69.26 Million | 1.83x | 13.22x |
| 2017 | $674.03 Million | $712.59 Million | $68.44 Million | 0.95x | 9.85x |
| 2018 | $491.97 Million | $863.80 Million | $74.23 Million | 0.57x | 6.63x |
| 2019 | $629.56 Million | $907.48 Million | $95.23 Million | 0.69x | 6.61x |
| 2020 | $1.36 Billion | $1.09 Billion | $121.51 Million | 1.25x | 11.21x |
| 2021 | $1.25 Billion | $1.31 Billion | $144.40 Million | 0.95x | 8.65x |
| 2022 | $504.17 Million | $991.52 Million | -$132.53 Million | 0.51x | N/A |
| 2023 | $677.74 Million | $1.05 Billion | -$54.25 Million | 0.64x | N/A |
| 2024 | $779.22 Million | $1.08 Billion | $12.56 Million | 0.72x | 62.06x |
Competitor Companies of 603131 by Market Capitalization
Companies near Shanghai Hugong Elec(Group) in the global market cap rankings as of March 19, 2026.
Key companies related to Shanghai Hugong Elec(Group) by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #66 globally with a market cap of $227.10 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #93 globally with a market cap of $175.49 Billion USD ( €170.96 Billion EUR).
- Siemens AG Class N (PINK:SMAWF): Ranked #113 globally with a market cap of $155.24 Billion USD.
- Eaton Corporation PLC (NYSE:ETN): Ranked #140 globally with a market cap of $133.05 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #66 | GE Vernova LLC | NYSE:GEV | $227.10 Billion | $844.05 |
| #93 | Siemens Aktiengesellschaft | XETRA:SIE | $175.49 Billion | €219.15 |
| #113 | Siemens AG Class N | PINK:SMAWF | $155.24 Billion | $199.00 |
| #140 | Eaton Corporation PLC | NYSE:ETN | $133.05 Billion | $363.95 |
Shanghai Hugong Elec(Group) Historical Marketcap From 2016 to 2026
Between 2016 and today, Shanghai Hugong Elec(Group)'s market cap moved from $915.37 Million to $ 1.03 Billion, with a yearly change of 16.79%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.03 Billion | -25.49% |
| 2025 | CN¥1.39 Billion | +78.26% |
| 2024 | CN¥779.22 Million | +14.97% |
| 2023 | CN¥677.74 Million | +34.43% |
| 2022 | CN¥504.17 Million | -59.65% |
| 2021 | CN¥1.25 Billion | -8.29% |
| 2020 | CN¥1.36 Billion | +116.43% |
| 2019 | CN¥629.56 Million | +27.97% |
| 2018 | CN¥491.97 Million | -27.01% |
| 2017 | CN¥674.03 Million | -26.37% |
| 2016 | CN¥915.37 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Shanghai Hugong Elec(Group) 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.