Bafang Electric Suzhou Co Ltd
Bafang Electric (Suzhou) Co.,Ltd. engages in the manufacture of e-mobility components and complete e-drive systems for e-bikes and electric scooters in China. The company offers front, mid, and rear motors; gear hub products; HMI products; downtube, intube, and rack type batteries; and controllers. It also provides various accessories, such as bash guards, sprocket, throttles, chain wheels, crank… Read more
Market Cap & Net Worth: Bafang Electric Suzhou Co Ltd (603489)
Bafang Electric Suzhou Co Ltd (SHG:603489) has a market capitalization of $1.06 Billion (CN¥7.78 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #13134 globally and #3329 in its home market, demonstrating a 1.44% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Bafang Electric Suzhou Co Ltd's stock price CN¥33.14 by its total outstanding shares 234617979 (234.62 Million).
Bafang Electric Suzhou Co Ltd Market Cap History: 2019 to 2026
Bafang Electric Suzhou Co Ltd's market capitalization history from 2019 to 2026. Data shows change from $2.21 Billion to $1.06 Billion (-3.72% CAGR).
Bafang Electric Suzhou Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Bafang Electric Suzhou 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
0.56x
Bafang Electric Suzhou Co Ltd's market cap is 0.56 times its annual revenue
0.42x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
11.93x
Bafang Electric Suzhou Co Ltd's market cap is 11.93 times its annual earnings
7.12x
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 |
|---|---|---|---|---|---|
| 2019 | $2.21 Billion | $1.20 Billion | $323.85 Million | 1.85x | 6.83x |
| 2020 | $4.13 Billion | $1.40 Billion | $402.29 Million | 2.96x | 10.27x |
| 2021 | $4.94 Billion | $2.65 Billion | $606.62 Million | 1.87x | 8.14x |
| 2022 | $2.37 Billion | $2.85 Billion | $512.09 Million | 0.83x | 4.62x |
| 2023 | $1.76 Billion | $1.65 Billion | $127.86 Million | 1.07x | 13.74x |
| 2024 | $761.68 Million | $1.36 Billion | $63.85 Million | 0.56x | 11.93x |
Competitor Companies of 603489 by Market Capitalization
Companies near Bafang Electric Suzhou Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Bafang Electric Suzhou Co Ltd by market ranking:
- O’Reilly Automotive Inc (NASDAQ:ORLY): Ranked #282 globally with a market cap of $74.56 Billion USD.
- AutoZone Inc (NYSE:AZO): Ranked #385 globally with a market cap of $56.80 Billion USD.
- Bridgestone Corporation (PINK:BRDCF): Ranked #771 globally with a market cap of $26.13 Billion USD.
- DENSO Corporation (PINK:DNZOF): Ranked #1039 globally with a market cap of $18.84 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #282 | O’Reilly Automotive Inc | NASDAQ:ORLY | $74.56 Billion | $89.39 |
| #385 | AutoZone Inc | NYSE:AZO | $56.80 Billion | $3439.64 |
| #771 | Bridgestone Corporation | PINK:BRDCF | $26.13 Billion | $42.48 |
| #1039 | DENSO Corporation | PINK:DNZOF | $18.84 Billion | $10.60 |
Bafang Electric Suzhou Co Ltd Historical Marketcap From 2019 to 2026
Between 2019 and today, Bafang Electric Suzhou Co Ltd's market cap moved from $2.21 Billion to $ 1.06 Billion, with a yearly change of -3.72%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.06 Billion | +8.37% |
| 2025 | CN¥977.84 Million | +28.38% |
| 2024 | CN¥761.68 Million | -56.65% |
| 2023 | CN¥1.76 Billion | -25.76% |
| 2022 | CN¥2.37 Billion | -52.10% |
| 2021 | CN¥4.94 Billion | +19.53% |
| 2020 | CN¥4.13 Billion | +86.81% |
| 2019 | CN¥2.21 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Bafang Electric Suzhou Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.06 Billion USD |
| MoneyControl | $1.06 Billion USD |
| MarketWatch | $1.06 Billion USD |
| marketcap.company | $1.06 Billion USD |
| Reuters | $1.06 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.