Hexing Electrical Co Ltd (SHG:603556) — Market Cap & Net Worth
Market Cap & Net Worth: Hexing Electrical Co Ltd (603556)
Hexing Electrical Co Ltd (SHG:603556) has a market capitalization of $2.04 Billion (CN¥13.97 Billion) as of May 2, 2026. Listed on the SHG stock exchange, this China-based company holds position #6167 globally and #1342 in its home market, demonstrating a -5.77% 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¥28.72 by its total outstanding shares 486264170 (486.26 Million). Analyse Hexing Electrical Co Ltd cash conversion from operations to see how efficiently the company converts income to cash.
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 $2.06 Billion to $2.04 Billion (2.91% 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
0.56x
Hexing Electrical Co Ltd's market cap is 0.56 times its annual revenue
Latest Price to Earnings (P/E) Ratio
2.63x
Hexing Electrical Co Ltd's market cap is 2.63 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 |
|---|---|---|---|---|---|
| 2016 | $2.06 Billion | $2.16 Billion | $508.15 Million | 0.95x | 4.05x |
| 2017 | $1.68 Billion | $3.03 Billion | $562.85 Million | 0.55x | 2.98x |
| 2018 | $791.26 Million | $2.55 Billion | $329.92 Million | 0.31x | 2.40x |
| 2019 | $1.02 Billion | $2.95 Billion | $500.47 Million | 0.35x | 2.04x |
| 2020 | $896.68 Million | $2.81 Billion | $481.20 Million | 0.32x | 1.86x |
| 2021 | $937.31 Million | $2.69 Billion | $313.77 Million | 0.35x | 2.99x |
| 2022 | $1.22 Billion | $3.31 Billion | $664.28 Million | 0.37x | 1.83x |
| 2023 | $2.07 Billion | $4.20 Billion | $982.41 Million | 0.49x | 2.10x |
| 2024 | $2.63 Billion | $4.72 Billion | $1.00 Billion | 0.56x | 2.63x |
Competitor Companies of 603556 by Market Capitalization
Companies near Hexing Electrical Co Ltd in the global market cap rankings as of May 2, 2026.
Key companies related to Hexing Electrical Co Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #59 globally with a market cap of $281.23 Billion USD ( CN¥1.92 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #181 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #190 globally with a market cap of $122.86 Billion USD ( ฿3.94 Trillion THB).
- Vertiv Holdings Co (NYSE:VRT): Ranked #286 globally with a market cap of $89.72 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #59 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $281.23 Billion | CN¥436.00 |
| #181 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF78.44 |
| #190 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $122.86 Billion | ฿316.00 |
| #286 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $328.31 |
Hexing Electrical Co Ltd Historical Marketcap From 2016 to 2026
Between 2016 and today, Hexing Electrical Co Ltd's market cap moved from $2.06 Billion to $ 2.04 Billion, with a yearly change of 2.91%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥2.04 Billion | -21.10% |
| 2025 | CN¥2.59 Billion | -1.60% |
| 2024 | CN¥2.63 Billion | +27.42% |
| 2023 | CN¥2.07 Billion | +69.55% |
| 2022 | CN¥1.22 Billion | +29.98% |
| 2021 | CN¥937.31 Million | +4.53% |
| 2020 | CN¥896.68 Million | -12.17% |
| 2019 | CN¥1.02 Billion | +29.02% |
| 2018 | CN¥791.26 Million | -52.77% |
| 2017 | CN¥1.68 Billion | -18.60% |
| 2016 | CN¥2.06 Billion | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Hexing Electrical Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.04 Billion USD |
| MoneyControl | $2.04 Billion USD |
| MarketWatch | $2.04 Billion USD |
| marketcap.company | $2.04 Billion USD |
| Reuters | $2.04 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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