Shandong Donghong Pipe Ind Co (SHG:603856) — Market Cap & Net Worth
Market Cap & Net Worth: Shandong Donghong Pipe Ind Co (603856)
Shandong Donghong Pipe Ind Co (SHG:603856) has a market capitalization of $540.27 Million (CN¥3.69 Billion) as of May 6, 2026. Listed on the SHG stock exchange, this China-based company holds position #12132 globally and #3734 in its home market, demonstrating a 2.67% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Shandong Donghong Pipe Ind Co's stock price CN¥13.09 by its total outstanding shares 282056060 (282.06 Million). Analyse Shandong Donghong Pipe Ind Co (603856) cash conversion ratio to see how efficiently the company converts income to cash.
Shandong Donghong Pipe Ind Co Market Cap History: 2017 to 2026
Shandong Donghong Pipe Ind Co's market capitalization history from 2017 to 2026. Data shows growth from $586.52 Million to $540.27 Million (2.26% CAGR).
Shandong Donghong Pipe Ind Co Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Shandong Donghong Pipe Ind Co'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
0.18x
Shandong Donghong Pipe Ind Co's market cap is 0.18 times its annual revenue
Latest Price to Earnings (P/E) Ratio
2.69x
Shandong Donghong Pipe Ind Co's market cap is 2.69 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 |
|---|---|---|---|---|---|
| 2017 | $586.52 Million | $1.51 Billion | $121.90 Million | 0.39x | 4.81x |
| 2018 | $473.17 Million | $1.64 Billion | $154.49 Million | 0.29x | 3.06x |
| 2019 | $395.95 Million | $1.84 Billion | $201.39 Million | 0.22x | 1.97x |
| 2020 | $469.79 Million | $2.39 Billion | $318.50 Million | 0.20x | 1.48x |
| 2021 | $510.18 Million | $2.21 Billion | $133.04 Million | 0.23x | 3.83x |
| 2022 | $470.99 Million | $2.85 Billion | $149.21 Million | 0.17x | 3.16x |
| 2023 | $481.66 Million | $2.86 Billion | $161.13 Million | 0.17x | 2.99x |
| 2024 | $456.07 Million | $2.49 Billion | $169.24 Million | 0.18x | 2.69x |
Competitor Companies of 603856 by Market Capitalization
Companies near Shandong Donghong Pipe Ind Co in the global market cap rankings as of May 6, 2026.
Key companies related to Shandong Donghong Pipe Ind Co by market ranking:
- Trane Technologies plc (NYSE:TT): Ranked #233 globally with a market cap of $103.17 Billion USD.
- Trane Technologies plc (F:2IS): Ranked #297 globally with a market cap of $87.59 Billion USD ( €74.92 Billion EUR).
- Johnson Controls International PLC (NYSE:JCI): Ranked #299 globally with a market cap of $86.82 Billion USD.
- Carrier Global Corp (NYSE:CARR): Ranked #515 globally with a market cap of $51.37 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #233 | Trane Technologies plc | NYSE:TT | $103.17 Billion | $486.50 |
| #297 | Trane Technologies plc | F:2IS | $87.59 Billion | €413.80 |
| #299 | Johnson Controls International PLC | NYSE:JCI | $86.82 Billion | $144.40 |
| #515 | Carrier Global Corp | NYSE:CARR | $51.37 Billion | $65.89 |
Shandong Donghong Pipe Ind Co Historical Marketcap From 2017 to 2026
Between 2017 and today, Shandong Donghong Pipe Ind Co's market cap moved from $586.52 Million to $ 540.27 Million, with a yearly change of 2.26%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥540.27 Million | +4.97% |
| 2025 | CN¥514.68 Million | +12.85% |
| 2024 | CN¥456.07 Million | -5.31% |
| 2023 | CN¥481.66 Million | +2.27% |
| 2022 | CN¥470.99 Million | -7.68% |
| 2021 | CN¥510.18 Million | +8.60% |
| 2020 | CN¥469.79 Million | +18.65% |
| 2019 | CN¥395.95 Million | -16.32% |
| 2018 | CN¥473.17 Million | -19.33% |
| 2017 | CN¥586.52 Million | -- |
End of Day Market Cap According to Different Sources
On May 5th, 2026 the market cap of Shandong Donghong Pipe Ind Co was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $540.27 Million USD |
| MoneyControl | $540.27 Million USD |
| MarketWatch | $540.27 Million USD |
| marketcap.company | $540.27 Million USD |
| Reuters | $540.27 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Shandong Donghong Pipe Ind Co
Shandong Donghong Pipe Industry Co., Ltd. engages in the research, development, manufacture, and servicing of pipeline systems in China. It offers SRTP piping systems, polyethylene pipes, PVC pipes, insulation pipe, and anti-corrosion metal pipes, as well as pipe connections. The company also develops and produces materials, such as plastic increase materials for polyolefin wear-resistant pipes, … Read more