Ningbo Water Meter Co Ltd Market Cap ($307.24 Million)
Market Cap & Net Worth: Ningbo Water Meter Co Ltd (603700)
Ningbo Water Meter Co Ltd market cap. Ningbo Water Meter Co Ltd (SHG:603700) has a market capitalization of $307.24 Million (CN¥2.10 Billion) as of November 8, 2026. Listed on the SHG stock exchange, this China-based company holds position #14378 globally and #4281 in its home market, demonstrating a -7.89% decrease 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¥10.50 by its total outstanding shares 199961934 (199.96 Million). Also see Ningbo Water Meter Co Ltd cash flow conversion for how efficiently the company converts equity into cash flow.
Ningbo Water Meter Co Ltd Market Cap History (2019–2026)
Ningbo Water Meter Co Ltd market cap history from 2019 to 2026. Data shows change from $468.27 Million to $307.24 Million (-14.57% CAGR). Check 603700 stock price for real-time trading data and today's change.
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. Explore Ningbo Water Meter Co Ltd net asset momentum to track how rapidly the company is growing its equity base year over year.
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 November 8, 2026. Also see Ningbo Water Meter Co Ltd balance sheet assets for a full breakdown of the balance sheet.
Key companies related to Ningbo Water Meter Co Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #141 globally with a market cap of $163.99 Billion USD ( CN¥1.12 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #182 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Vertiv Holdings Co (NYSE:VRT): Ranked #397 globally with a market cap of $70.40 Billion USD.
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #407 globally with a market cap of $68.82 Billion USD ( ฿2.21 Trillion THB).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #141 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $163.99 Billion | CN¥254.22 |
| #182 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF66.98 |
| #397 | Vertiv Holdings Co | NYSE:VRT | $70.40 Billion | $182.86 |
| #407 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $68.82 Billion | ฿177.00 |
Market Capitalization of Ningbo Water Meter Co Ltd (2019–2026)
Market capitalization of Ningbo Water Meter Co Ltd from 2019 to today. Between 2019 and today, Ningbo Water Meter Co Ltd's market cap moved from $468.27 Million to $ 307.24 Million, with a yearly change of -14.57%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥307.24 Million | -22.74% |
| 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 Nov 7th, 2026 the market cap of Ningbo Water Meter Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $307.24 Million USD |
| MoneyControl | $307.24 Million USD |
| MarketWatch | $307.24 Million USD |
| marketcap.company | $307.24 Million USD |
| Reuters | $307.24 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