Ningbo Water Meter Co Ltd (SHG:603700) — Market Cap & Net Worth
Market Cap & Net Worth: Ningbo Water Meter Co Ltd (603700)
Ningbo Water Meter Co Ltd (SHG:603700) has a market capitalization of $378.63 Million (CN¥2.59 Billion) as of May 6, 2026. Listed on the SHG stock exchange, this China-based company holds position #13943 globally and #4382 in its home market, demonstrating a 0.47% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Ningbo Water Meter Co Ltd's stock price CN¥12.94 by its total outstanding shares 199961934 (199.96 Million). Analyse Ningbo Water Meter Co Ltd cash conversion from operations to see how efficiently the company converts income to cash.
Ningbo Water Meter Co Ltd Market Cap History: 2019 to 2026
Ningbo Water Meter Co Ltd's market capitalization history from 2019 to 2026. Data shows change from $468.27 Million to $378.63 Million (-13.07% CAGR).
Ningbo Water Meter Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Ningbo Water Meter 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
0.20x
Ningbo Water Meter Co Ltd's market cap is 0.20 times its annual revenue
Latest Price to Earnings (P/E) Ratio
5.59x
Ningbo Water Meter Co Ltd's market cap is 5.59 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 |
|---|---|---|---|---|---|
| 2019 | $468.27 Million | $1.37 Billion | $212.30 Million | 0.34x | 2.21x |
| 2020 | $779.24 Million | $1.59 Billion | $273.09 Million | 0.49x | 2.85x |
| 2021 | $526.12 Million | $1.72 Billion | $235.37 Million | 0.31x | 2.24x |
| 2022 | $376.32 Million | $1.55 Billion | $126.39 Million | 0.24x | 2.98x |
| 2023 | $417.55 Million | $1.79 Billion | $131.26 Million | 0.23x | 3.18x |
| 2024 | $292.90 Million | $1.50 Billion | $52.42 Million | 0.20x | 5.59x |
Competitor Companies of 603700 by Market Capitalization
Companies near Ningbo Water Meter Co Ltd in the global market cap rankings as of May 6, 2026.
Key companies related to Ningbo Water Meter Co Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #58 globally with a market cap of $281.23 Billion USD ( CN¥1.92 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #179 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 #285 globally with a market cap of $89.72 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #58 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $281.23 Billion | CN¥436.00 |
| #179 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF78.42 |
| #190 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $122.86 Billion | ฿316.00 |
| #285 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $330.97 |
Ningbo Water Meter Co Ltd Historical Marketcap From 2019 to 2026
Between 2019 and today, Ningbo Water Meter Co Ltd's market cap moved from $468.27 Million to $ 378.63 Million, with a yearly change of -13.07%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥378.63 Million | -4.78% |
| 2025 | CN¥397.65 Million | +35.76% |
| 2024 | CN¥292.90 Million | -29.85% |
| 2023 | CN¥417.55 Million | +10.96% |
| 2022 | CN¥376.32 Million | -28.47% |
| 2021 | CN¥526.12 Million | -32.48% |
| 2020 | CN¥779.24 Million | +66.41% |
| 2019 | CN¥468.27 Million | -- |
End of Day Market Cap According to Different Sources
On May 5th, 2026 the market cap of Ningbo Water Meter Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $378.63 Million USD |
| MoneyControl | $378.63 Million USD |
| MarketWatch | $378.63 Million USD |
| marketcap.company | $378.63 Million USD |
| Reuters | $378.63 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Ningbo Water Meter Co Ltd
Ningbo Water Meter (Group) Co.,Ltd. manufactures and sells water meters in China and internationally. The company offers multi and single-jet, volumetric rotary piston, woltmann, irrigation, compound, batch control, and ultrasonic water meters; heat meter, electromagnetic flowmeter, and oscillating meter; and test bench products and water meter boxes, as well as spare parts for water meters. It a… Read more