Hexing Electrical Co Ltd
Hexing Electrical Co.,Ltd. provides electrical equipment and related solutions to power utilities in China and internationally. The company offers cluster metering cabinet; string inverters; IEC and ANSI meters; communication modules; fault circuit indicators and DCU products; recloser and pole switches; ring main units; RMU enclosures; and cable junction boxes. It also provides various solutions… Read more
Market Cap & Net Worth: Hexing Electrical Co Ltd (603556)
Hexing Electrical Co Ltd (SHG:603556) has a market capitalization of $2.63 Billion (CN¥19.28 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #8066 globally and #1481 in its home market, demonstrating a -0.43% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Hexing Electrical Co Ltd's stock price CN¥39.65 by its total outstanding shares 486264170 (486.26 Million).
Hexing Electrical Co Ltd Market Cap History: 2016 to 2026
Hexing Electrical Co Ltd's market capitalization history from 2016 to 2026. Data shows growth from $1.92 Billion to $2.63 Billion (6.56% CAGR).
Hexing Electrical Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Hexing Electrical 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
0.52x
Hexing Electrical Co Ltd's market cap is 0.52 times its annual revenue
0.29x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
2.45x
Hexing Electrical Co Ltd's market cap is 2.45 times its annual earnings
1.64x
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 | $1.92 Billion | $2.16 Billion | $508.15 Million | 0.89x | 3.77x |
| 2017 | $1.56 Billion | $3.03 Billion | $562.85 Million | 0.52x | 2.77x |
| 2018 | $736.97 Million | $2.55 Billion | $329.92 Million | 0.29x | 2.23x |
| 2019 | $950.82 Million | $2.95 Billion | $500.47 Million | 0.32x | 1.90x |
| 2020 | $835.15 Million | $2.81 Billion | $481.20 Million | 0.30x | 1.74x |
| 2021 | $872.99 Million | $2.69 Billion | $313.77 Million | 0.32x | 2.78x |
| 2022 | $1.13 Billion | $3.31 Billion | $664.28 Million | 0.34x | 1.71x |
| 2023 | $1.92 Billion | $4.20 Billion | $982.41 Million | 0.46x | 1.96x |
| 2024 | $2.45 Billion | $4.72 Billion | $1.00 Billion | 0.52x | 2.45x |
Competitor Companies of 603556 by Market Capitalization
Companies near Hexing Electrical Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Hexing Electrical Co Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #156 globally with a market cap of $119.93 Billion USD ( CN¥879.97 Billion CNY).
- Vertiv Holdings Co (NYSE:VRT): Ranked #222 globally with a market cap of $89.72 Billion USD.
- ABB Ltd (PINK:ABBNY): Ranked #242 globally with a market cap of $85.22 Billion USD.
- VERTIV HOL.CL A DL-0001 (F:49V): Ranked #370 globally with a market cap of $59.06 Billion USD ( €57.54 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #156 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $119.93 Billion | CN¥408.40 |
| #222 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $264.74 |
| #242 | ABB Ltd | PINK:ABBNY | $85.22 Billion | $46.91 |
| #370 | VERTIV HOL.CL A DL-0001 | F:49V | $59.06 Billion | €232.40 |
Hexing Electrical Co Ltd Historical Marketcap From 2016 to 2026
Between 2016 and today, Hexing Electrical Co Ltd's market cap moved from $1.92 Billion to $ 2.63 Billion, with a yearly change of 6.56%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥2.63 Billion | +8.93% |
| 2025 | CN¥2.41 Billion | -1.60% |
| 2024 | CN¥2.45 Billion | +27.42% |
| 2023 | CN¥1.92 Billion | +69.55% |
| 2022 | CN¥1.13 Billion | +29.98% |
| 2021 | CN¥872.99 Million | +4.53% |
| 2020 | CN¥835.15 Million | -12.17% |
| 2019 | CN¥950.82 Million | +29.02% |
| 2018 | CN¥736.97 Million | -52.77% |
| 2017 | CN¥1.56 Billion | -18.60% |
| 2016 | CN¥1.92 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Hexing Electrical Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.63 Billion USD |
| MoneyControl | $2.63 Billion USD |
| MarketWatch | $2.63 Billion USD |
| marketcap.company | $2.63 Billion USD |
| Reuters | $2.63 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.