Hefei Changqing Machinery Co Ltd
Changqing Machinery Company Limited produces and sells stamping and welding parts for automobile parts primarily in China. The company offers powertrain, chassis, and body products and accessories; and electronic appliances, molds, and general parts. Its products are used in passenger cars, commercial vehicles, and other vehicles. Changqing Machinery Company Limited was founded in 2004 and is bas… Read more
Market Cap & Net Worth: Hefei Changqing Machinery Co Ltd (603768)
Hefei Changqing Machinery Co Ltd (SHG:603768) has a market capitalization of $378.47 Million (CN¥2.78 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #16518 globally and #4377 in its home market, demonstrating a 3.55% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Hefei Changqing Machinery Co Ltd's stock price CN¥11.67 by its total outstanding shares 237955857 (237.96 Million).
Hefei Changqing Machinery Co Ltd Market Cap History: 2017 to 2026
Hefei Changqing Machinery Co Ltd's market capitalization history from 2017 to 2026. Data shows change from $571.49 Million to $378.47 Million (-7.08% CAGR).
Hefei Changqing Machinery Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Hefei Changqing Machinery 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
0.11x
Hefei Changqing Machinery Co Ltd's market cap is 0.11 times its annual revenue
0.42x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
5.72x
Hefei Changqing Machinery Co Ltd's market cap is 5.72 times its annual earnings
7.12x
Lower 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 |
|---|---|---|---|---|---|
| 2017 | $571.49 Million | $1.92 Billion | $127.23 Million | 0.30x | 4.49x |
| 2018 | $337.09 Million | $1.87 Billion | $78.27 Million | 0.18x | 4.31x |
| 2019 | $347.20 Million | $1.83 Billion | $24.52 Million | 0.19x | 14.16x |
| 2020 | $506.80 Million | $2.30 Billion | $75.17 Million | 0.22x | 6.74x |
| 2021 | $538.06 Million | $3.01 Billion | $59.41 Million | 0.18x | 9.06x |
| 2022 | $481.00 Million | $3.16 Billion | $96.45 Million | 0.15x | 4.99x |
| 2023 | $601.28 Million | $3.25 Billion | $131.63 Million | 0.19x | 4.57x |
| 2024 | $389.82 Million | $3.41 Billion | $68.16 Million | 0.11x | 5.72x |
Competitor Companies of 603768 by Market Capitalization
Companies near Hefei Changqing Machinery Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Hefei Changqing Machinery Co Ltd by market ranking:
- O’Reilly Automotive Inc (NASDAQ:ORLY): Ranked #282 globally with a market cap of $74.56 Billion USD.
- AutoZone Inc (NYSE:AZO): Ranked #385 globally with a market cap of $56.80 Billion USD.
- Bridgestone Corporation (PINK:BRDCF): Ranked #771 globally with a market cap of $26.13 Billion USD.
- DENSO Corporation (PINK:DNZOF): Ranked #1039 globally with a market cap of $18.84 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #282 | O’Reilly Automotive Inc | NASDAQ:ORLY | $74.56 Billion | $89.39 |
| #385 | AutoZone Inc | NYSE:AZO | $56.80 Billion | $3439.64 |
| #771 | Bridgestone Corporation | PINK:BRDCF | $26.13 Billion | $42.48 |
| #1039 | DENSO Corporation | PINK:DNZOF | $18.84 Billion | $10.60 |
Hefei Changqing Machinery Co Ltd Historical Marketcap From 2017 to 2026
Between 2017 and today, Hefei Changqing Machinery Co Ltd's market cap moved from $571.49 Million to $ 378.47 Million, with a yearly change of -7.08%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥378.47 Million | +0.60% |
| 2025 | CN¥376.20 Million | -3.49% |
| 2024 | CN¥389.82 Million | -35.17% |
| 2023 | CN¥601.28 Million | +25.01% |
| 2022 | CN¥481.00 Million | -10.60% |
| 2021 | CN¥538.06 Million | +6.17% |
| 2020 | CN¥506.80 Million | +45.97% |
| 2019 | CN¥347.20 Million | +3.00% |
| 2018 | CN¥337.09 Million | -41.02% |
| 2017 | CN¥571.49 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Hefei Changqing Machinery Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $378.47 Million USD |
| MoneyControl | $378.47 Million USD |
| MarketWatch | $378.47 Million USD |
| marketcap.company | $378.47 Million USD |
| Reuters | $378.47 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.