Shanghai Hugong Elec(Group) (SHG:603131) — Market Cap & Net Worth

$1.11 Billion USD  · CN¥7.59 Billion CNY  · Rank #8665

Market Cap & Net Worth: Shanghai Hugong Elec(Group) (603131)

Shanghai Hugong Elec(Group) (SHG:603131) has a market capitalization of $1.11 Billion (CN¥7.59 Billion) as of May 4, 2026. Listed on the SHG stock exchange, this China-based company holds position #8665 globally and #2275 in its home market, demonstrating a 4.11% increase 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¥22.52 by its total outstanding shares 336907220 (336.91 Million). Analyse 603131 cash flow conversion to see how efficiently the company converts income to cash.

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 $982.81 Million to $1.11 Billion (16.53% 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

0.78x

Shanghai Hugong Elec(Group)'s market cap is 0.78 times its annual revenue

Industry average: 1.86x Lower than industry average

Latest Price to Earnings (P/E) Ratio

66.63x

Shanghai Hugong Elec(Group)'s market cap is 66.63 times its annual earnings

Industry average: 14.90x Higher than industry average

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
2016 $982.81 Million $500.12 Million $69.26 Million 1.97x 14.19x
2017 $723.68 Million $712.59 Million $68.44 Million 1.02x 10.57x
2018 $528.22 Million $863.80 Million $74.23 Million 0.61x 7.12x
2019 $675.94 Million $907.48 Million $95.23 Million 0.74x 7.10x
2020 $1.46 Billion $1.09 Billion $121.51 Million 1.35x 12.04x
2021 $1.34 Billion $1.31 Billion $144.40 Million 1.02x 9.29x
2022 $541.32 Million $991.52 Million -$132.53 Million 0.55x N/A
2023 $727.67 Million $1.05 Billion -$54.25 Million 0.69x N/A
2024 $836.62 Million $1.08 Billion $12.56 Million 0.78x 66.63x

Competitor Companies of 603131 by Market Capitalization

Companies near Shanghai Hugong Elec(Group) in the global market cap rankings as of May 4, 2026.

Key companies related to Shanghai Hugong Elec(Group) by market ranking:

  • GE Vernova LLC (NYSE:GEV): Ranked #82 globally with a market cap of $229.98 Billion USD.
  • Siemens Aktiengesellschaft (XETRA:SIE): Ranked #113 globally with a market cap of $184.02 Billion USD ( €157.40 Billion EUR).
  • SIEMENS AG SP. ADR 1/ 1/2 (F:SIEB): Ranked #119 globally with a market cap of $177.31 Billion USD ( €151.67 Billion EUR).
  • Schneider Electric S.E. (PA:SU): Ranked #156 globally with a market cap of $143.23 Billion USD ( €122.51 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#82 GE Vernova LLC NYSE:GEV $229.98 Billion $1062.95
#113 Siemens Aktiengesellschaft XETRA:SIE $184.02 Billion €252.55
#119 SIEMENS AG SP. ADR 1/ 1/2 F:SIEB $177.31 Billion €119.00
#156 Schneider Electric S.E. PA:SU $143.23 Billion €268.60

Shanghai Hugong Elec(Group) Historical Marketcap From 2016 to 2026

Between 2016 and today, Shanghai Hugong Elec(Group)'s market cap moved from $982.81 Million to $ 1.11 Billion, with a yearly change of 16.53%.

Year Market Cap Change (%)
2026 CN¥1.11 Billion -25.55%
2025 CN¥1.49 Billion +78.26%
2024 CN¥836.62 Million +14.97%
2023 CN¥727.67 Million +34.43%
2022 CN¥541.32 Million -59.65%
2021 CN¥1.34 Billion -8.29%
2020 CN¥1.46 Billion +116.43%
2019 CN¥675.94 Million +27.97%
2018 CN¥528.22 Million -27.01%
2017 CN¥723.68 Million -26.37%
2016 CN¥982.81 Million --

End of Day Market Cap According to Different Sources

On May 4th, 2026 the market cap of Shanghai Hugong Elec(Group) was reported to be:

Source Market Cap
Yahoo Finance $1.11 Billion USD
MoneyControl $1.11 Billion USD
MarketWatch $1.11 Billion USD
marketcap.company $1.11 Billion USD
Reuters $1.11 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Shanghai Hugong Elec(Group)

SHG:603131 China Specialty Industrial Machinery
Market Cap
$1.11 Billion
CN¥7.59 Billion CNY
Market Cap Rank
#8665 Global
#2275 in China
Share Price
CN¥22.52
Change (1 day)
+10.01%
52-Week Range
CN¥16.44 - CN¥34.34
All Time High
CN¥36.64
About

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