Jiangsu New Energy Development Co Ltd (SHG:603693) — Market Cap & Net Worth
Market Cap & Net Worth: Jiangsu New Energy Development Co Ltd (603693)
Jiangsu New Energy Development Co Ltd (SHG:603693) has a market capitalization of $2.01 Billion (CN¥13.76 Billion) as of May 7, 2026. Listed on the SHG stock exchange, this China-based company holds position #6284 globally and #1397 in its home market, demonstrating a -6.09% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Jiangsu New Energy Development Co Ltd's stock price CN¥15.43 by its total outstanding shares 891475880 (891.48 Million). Analyse Jiangsu New Energy Development Co Ltd cash flow conversion to see how efficiently the company converts income to cash.
Jiangsu New Energy Development Co Ltd Market Cap History: 2018 to 2026
Jiangsu New Energy Development Co Ltd's market capitalization history from 2018 to 2026. Data shows growth from $1.31 Billion to $2.01 Billion (6.69% CAGR).
Jiangsu New Energy Development Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Jiangsu New Energy Development 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
0.61x
Jiangsu New Energy Development Co Ltd's market cap is 0.61 times its annual revenue
Latest Price to Earnings (P/E) Ratio
3.08x
Jiangsu New Energy Development Co Ltd's market cap is 3.08 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 |
|---|---|---|---|---|---|
| 2018 | $1.31 Billion | $1.47 Billion | $314.64 Million | 0.89x | 4.16x |
| 2019 | $981.03 Million | $1.48 Billion | $253.95 Million | 0.66x | 3.86x |
| 2020 | $1.25 Billion | $1.55 Billion | $153.72 Million | 0.81x | 8.16x |
| 2021 | $2.81 Billion | $1.86 Billion | $308.68 Million | 1.51x | 9.09x |
| 2022 | $1.67 Billion | $1.97 Billion | $476.02 Million | 0.85x | 3.50x |
| 2023 | $1.46 Billion | $1.95 Billion | $472.37 Million | 0.75x | 3.10x |
| 2024 | $1.28 Billion | $2.10 Billion | $416.88 Million | 0.61x | 3.08x |
Competitor Companies of 603693 by Market Capitalization
Companies near Jiangsu New Energy Development Co Ltd in the global market cap rankings as of May 7, 2026.
Key companies related to Jiangsu New Energy Development Co Ltd by market ranking:
- China Yangtze Power Co Ltd (SHG:600900): Ranked #253 globally with a market cap of $97.39 Billion USD ( CN¥665.54 Billion CNY).
- CN YANGT.PWR GDR REG S/A (F:CYZB): Ranked #375 globally with a market cap of $71.93 Billion USD ( €61.53 Billion EUR).
- Orsted A/S (CO:ORSTED): Ranked #774 globally with a market cap of $34.41 Billion USD ( Dkr219.96 Billion DKK).
- Huaneng Lancang River Hydropower Inc Class A (SHG:600025): Ranked #1003 globally with a market cap of $26.15 Billion USD ( CN¥178.67 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #253 | China Yangtze Power Co Ltd | SHG:600900 | $97.39 Billion | CN¥27.20 |
| #375 | CN YANGT.PWR GDR REG S/A | F:CYZB | $71.93 Billion | €28.80 |
| #774 | Orsted A/S | CO:ORSTED | $34.41 Billion | Dkr166.50 |
| #1003 | Huaneng Lancang River Hydropower Inc Class A | SHG:600025 | $26.15 Billion | CN¥9.59 |
Jiangsu New Energy Development Co Ltd Historical Marketcap From 2018 to 2026
Between 2018 and today, Jiangsu New Energy Development Co Ltd's market cap moved from $1.31 Billion to $ 2.01 Billion, with a yearly change of 6.69%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥2.01 Billion | +30.10% |
| 2025 | CN¥1.55 Billion | +20.41% |
| 2024 | CN¥1.28 Billion | -12.13% |
| 2023 | CN¥1.46 Billion | -12.35% |
| 2022 | CN¥1.67 Billion | -40.54% |
| 2021 | CN¥2.81 Billion | +123.58% |
| 2020 | CN¥1.25 Billion | +27.92% |
| 2019 | CN¥981.03 Million | -24.97% |
| 2018 | CN¥1.31 Billion | -- |
End of Day Market Cap According to Different Sources
On May 7th, 2026 the market cap of Jiangsu New Energy Development Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.01 Billion USD |
| MoneyControl | $2.01 Billion USD |
| MarketWatch | $2.01 Billion USD |
| marketcap.company | $2.01 Billion USD |
| Reuters | $2.01 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Jiangsu New Energy Development Co Ltd
Jiangsu New Energy Development Co., Ltd. develops, constructs, manages, operates, and invests in new energy projects. It is involved in wind energy, solar energy, biomass energy, geothermal energy, ocean energy, and natural gas hydrate projects. The company was founded in 2002 and is based in Nanjing, China. Jiangsu New Energy Development Co., Ltd. is a subsidiary of Jiangsu Guoxin Group Limited.