Zhejiang Meilun Elevator Co Ltd Market Cap ($304.79 Million)
Market Cap & Net Worth: Zhejiang Meilun Elevator Co Ltd (603321)
Zhejiang Meilun Elevator Co Ltd market cap. Zhejiang Meilun Elevator Co Ltd (SHG:603321) has a market capitalization of $304.79 Million (CN¥2.08 Billion) as of November 4, 2026. Listed on the SHG stock exchange, this China-based company holds position #14416 globally and #4254 in its home market, demonstrating a -8.15% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Zhejiang Meilun Elevator Co Ltd's stock price CN¥5.97 by its total outstanding shares 348889469 (348.89 Million). Also see how efficiently does Zhejiang Meilun Elevator Co Ltd generate cash for how efficiently the company converts equity into cash flow.
Zhejiang Meilun Elevator Co Ltd Market Cap History (2017–2026)
Zhejiang Meilun Elevator Co Ltd market cap history from 2017 to 2026. Data shows change from $573.15 Million to $304.79 Million (-3.38% CAGR). Check 603321 live share price for real-time trading data and today's change.
Zhejiang Meilun Elevator Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Zhejiang Meilun Elevator 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. Explore 603321 net asset momentum to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
0.44x
Zhejiang Meilun Elevator Co Ltd's market cap is 0.44 times its annual revenue
Latest Price to Earnings (P/E) Ratio
2.66x
Zhejiang Meilun Elevator Co Ltd's market cap is 2.66 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 | $573.15 Million | $731.90 Million | $76.64 Million | 0.78x | 7.48x |
| 2018 | $341.12 Million | $737.62 Million | $50.14 Million | 0.46x | 6.80x |
| 2019 | $399.85 Million | $736.96 Million | $39.59 Million | 0.54x | 10.10x |
| 2020 | $398.14 Million | $725.71 Million | $51.09 Million | 0.55x | 7.79x |
| 2021 | $352.96 Million | $1.06 Billion | $43.91 Million | 0.33x | 8.04x |
| 2022 | $345.45 Million | $1.02 Billion | $46.61 Million | 0.34x | 7.41x |
| 2023 | $436.00 Million | $955.29 Million | $81.85 Million | 0.46x | 5.33x |
| 2024 | $357.37 Million | $811.73 Million | $134.45 Million | 0.44x | 2.66x |
Competitor Companies of 603321 by Market Capitalization
Companies near Zhejiang Meilun Elevator Co Ltd in the global market cap rankings as of November 4, 2026. Also see 603321 total asset value for a full breakdown of the balance sheet.
Key companies related to Zhejiang Meilun Elevator Co Ltd by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #79 globally with a market cap of $246.74 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #91 globally with a market cap of $218.11 Billion USD ( €186.56 Billion EUR).
- SIEMENS AG SP. ADR 1/ 1/2 (F:SIEB): Ranked #121 globally with a market cap of $177.31 Billion USD ( €151.67 Billion EUR).
- Schneider Electric S.E. (PA:SU): Ranked #148 globally with a market cap of $157.90 Billion USD ( €135.06 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #79 | GE Vernova LLC | NYSE:GEV | $246.74 Billion | $918.20 |
| #91 | Siemens Aktiengesellschaft | XETRA:SIE | $218.11 Billion | €269.75 |
| #121 | SIEMENS AG SP. ADR 1/ 1/2 | F:SIEB | $177.31 Billion | €119.00 |
| #148 | Schneider Electric S.E. | PA:SU | $157.90 Billion | €239.75 |
Market Capitalization of Zhejiang Meilun Elevator Co Ltd (2017–2026)
Market capitalization of Zhejiang Meilun Elevator Co Ltd from 2017 to today. Between 2017 and today, Zhejiang Meilun Elevator Co Ltd's market cap moved from $573.15 Million to $ 304.79 Million, with a yearly change of -3.38%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥304.79 Million | -25.75% |
| 2025 | CN¥410.47 Million | +14.86% |
| 2024 | CN¥357.37 Million | -18.03% |
| 2023 | CN¥436.00 Million | +26.21% |
| 2022 | CN¥345.45 Million | -2.13% |
| 2021 | CN¥352.96 Million | -11.35% |
| 2020 | CN¥398.14 Million | -0.43% |
| 2019 | CN¥399.85 Million | +17.21% |
| 2018 | CN¥341.12 Million | -40.48% |
| 2017 | CN¥573.15 Million | -- |
End of Day Market Cap According to Different Sources
On Nov 4th, 2026 the market cap of Zhejiang Meilun Elevator Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $304.79 Million USD |
| MoneyControl | $304.79 Million USD |
| MarketWatch | $304.79 Million USD |
| marketcap.company | $304.79 Million USD |
| Reuters | $304.79 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Zhejiang Meilun Elevator Co Ltd
Zhejiang Meilun Elevator Co., Ltd. designs, manufactures, and sells elevators and escalators in China. It offers passenger, freight, old residential areas, household, medical, and sightseeing elevators, as well as escalators, moving walkways, stereo garages, and accessories. Its products are used for applications in shopping malls, supermarkets, stations, airports, overpasses and other public tra… Read more