Hangzhou First PV Material Co Ltd
Hangzhou First Applied Material Co., Ltd., together with its subsidiaries, designs, develops, manufactures, and sells solar battery encapsulation materials in China and internationally. It operates through Photovoltaic Film, Photovoltaic Backplane, Solar Power Generation System, Aluminum plastic film, and Photosensitive Dry Film segments. The company offers encapsulant EVA films, polyolefin films… Read more
Market Cap & Net Worth: Hangzhou First PV Material Co Ltd (603806)
Hangzhou First PV Material Co Ltd (SHG:603806) has a market capitalization of $6.21 Billion (CN¥45.57 Billion) as of March 19, 2026. Listed on the SHG stock exchange, this China-based company holds position #4561 globally and #476 in its home market, demonstrating a 1.63% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Hangzhou First PV Material Co Ltd's stock price CN¥17.47 by its total outstanding shares 2608739191 (2.61 Billion).
Hangzhou First PV Material Co Ltd Market Cap History: 2015 to 2026
Hangzhou First PV Material Co Ltd's market capitalization history from 2015 to 2026. Data shows growth from $3.74 Billion to $6.21 Billion (8.31% CAGR).
Hangzhou First PV Material Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Hangzhou First PV Material 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
0.27x
Hangzhou First PV Material Co Ltd's market cap is 0.27 times its annual revenue
2.44x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
4.02x
Hangzhou First PV Material Co Ltd's market cap is 4.02 times its annual earnings
18.81x
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 |
|---|---|---|---|---|---|
| 2015 | $3.74 Billion | $3.33 Billion | $647.29 Million | 1.12x | 5.78x |
| 2016 | $3.52 Billion | $3.95 Billion | $847.74 Million | 0.89x | 4.16x |
| 2017 | $2.66 Billion | $4.58 Billion | $585.19 Million | 0.58x | 4.55x |
| 2018 | $2.77 Billion | $4.81 Billion | $751.26 Million | 0.58x | 3.69x |
| 2019 | $5.09 Billion | $6.38 Billion | $957.06 Million | 0.80x | 5.32x |
| 2020 | $12.72 Billion | $8.39 Billion | $1.57 Billion | 1.52x | 8.13x |
| 2021 | $23.47 Billion | $12.86 Billion | $2.20 Billion | 1.83x | 10.69x |
| 2022 | $16.80 Billion | $18.88 Billion | $1.58 Billion | 0.89x | 10.64x |
| 2023 | $8.63 Billion | $22.59 Billion | $1.85 Billion | 0.38x | 4.66x |
| 2024 | $5.26 Billion | $19.15 Billion | $1.31 Billion | 0.27x | 4.02x |
Competitor Companies of 603806 by Market Capitalization
Companies near Hangzhou First PV Material Co Ltd in the global market cap rankings as of March 19, 2026.
Key companies related to Hangzhou First PV Material Co Ltd by market ranking:
- ASML HOLDING NY EO-09 (F:ASMF): Ranked #21 globally with a market cap of $473.84 Billion USD ( €461.62 Billion EUR).
- Lam Research Corp (NASDAQ:LRCX): Ranked #47 globally with a market cap of $281.60 Billion USD.
- Applied Materials Inc (NASDAQ:AMAT): Ranked #48 globally with a market cap of $278.50 Billion USD.
- ASML Holding NV (PINK:ASMLF): Ranked #52 globally with a market cap of $267.08 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #21 | ASML HOLDING NY EO-09 | F:ASMF | $473.84 Billion | €1195.00 |
| #47 | Lam Research Corp | NASDAQ:LRCX | $281.60 Billion | $226.47 |
| #48 | Applied Materials Inc | NASDAQ:AMAT | $278.50 Billion | $352.46 |
| #52 | ASML Holding NV | PINK:ASMLF | $267.08 Billion | $691.39 |
Hangzhou First PV Material Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Hangzhou First PV Material Co Ltd's market cap moved from $3.74 Billion to $ 6.21 Billion, with a yearly change of 8.31%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥6.21 Billion | +25.14% |
| 2025 | CN¥4.96 Billion | -5.68% |
| 2024 | CN¥5.26 Billion | -39.02% |
| 2023 | CN¥8.63 Billion | -48.64% |
| 2022 | CN¥16.80 Billion | -28.43% |
| 2021 | CN¥23.47 Billion | +84.50% |
| 2020 | CN¥12.72 Billion | +149.99% |
| 2019 | CN¥5.09 Billion | +83.57% |
| 2018 | CN¥2.77 Billion | +4.19% |
| 2017 | CN¥2.66 Billion | -24.46% |
| 2016 | CN¥3.52 Billion | -5.78% |
| 2015 | CN¥3.74 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Hangzhou First PV Material Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $6.21 Billion USD |
| MoneyControl | $6.21 Billion USD |
| MarketWatch | $6.21 Billion USD |
| marketcap.company | $6.21 Billion USD |
| Reuters | $6.21 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.