Shenzhen Sunxing Light Alloys (SHG:603978) — Market Cap & Net Worth
Market Cap & Net Worth: Shenzhen Sunxing Light Alloys (603978)
Shenzhen Sunxing Light Alloys (SHG:603978) has a market capitalization of $798.50 Million (CN¥5.46 Billion) as of June 16, 2026. Listed on the SHG stock exchange, this China-based company holds position #10106 globally and #2728 in its home market, demonstrating a -3.36% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Shenzhen Sunxing Light Alloys's stock price CN¥25.85 by its total outstanding shares 211094299 (211.09 Million). Review Shenzhen Sunxing Light Alloys (603978) financial obligations to assess the company's total debt and financial obligations.
Shenzhen Sunxing Light Alloys Market Cap History: 2017 to 2026
Shenzhen Sunxing Light Alloys's market capitalization history from 2017 to 2026. Data shows growth from $1.43 Billion to $798.50 Million (2.17% CAGR).
Shenzhen Sunxing Light Alloys Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Shenzhen Sunxing Light Alloys'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
Shenzhen Sunxing Light Alloys's market cap is 0.27 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero 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 | $1.43 Billion | $1.01 Billion | $104.53 Million | 1.41x | 13.63x |
| 2018 | $580.49 Million | $1.10 Billion | $125.10 Million | 0.53x | 4.64x |
| 2019 | $794.82 Million | $1.03 Billion | $94.27 Million | 0.77x | 8.43x |
| 2020 | $532.54 Million | $986.09 Million | $28.13 Million | 0.54x | 18.93x |
| 2021 | $847.00 Million | $1.38 Billion | $28.78 Million | 0.62x | 29.43x |
| 2022 | $572.39 Million | $1.52 Billion | -$48.08 Million | 0.38x | N/A |
| 2023 | $512.15 Million | $1.58 Billion | -$141.43 Million | 0.32x | N/A |
| 2024 | $476.01 Million | $2.56 Billion | -$291.17 Million | 0.19x | N/A |
| 2025 | $872.33 Million | $3.27 Billion | -$79.33 Million | 0.27x | N/A |
Competitor Companies of 603978 by Market Capitalization
Companies near Shenzhen Sunxing Light Alloys in the global market cap rankings as of June 16, 2026.
Key companies related to Shenzhen Sunxing Light Alloys by market ranking:
- Shandong Hongchuang Aluminum Industry Holding Co Ltd (SHE:002379): Ranked #829 globally with a market cap of $32.99 Billion USD ( CN¥225.44 Billion CNY).
- China Hongqiao Group Ltd (F:H0Q): Ranked #835 globally with a market cap of $32.59 Billion USD ( €27.87 Billion EUR).
- Hindalco Industries Limited (NSE:HINDALCO): Ranked #1105 globally with a market cap of $24.52 Billion USD ( Rs2.27 Trillion INR).
- Norsk Hydro ASA (OL:NHY): Ranked #1222 globally with a market cap of $21.30 Billion USD ( Nkr202.43 Billion NOK).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #829 | Shandong Hongchuang Aluminum Industry Holding Co Ltd | SHE:002379 | $32.99 Billion | CN¥17.30 |
| #835 | China Hongqiao Group Ltd | F:H0Q | $32.59 Billion | €2.82 |
| #1105 | Hindalco Industries Limited | NSE:HINDALCO | $24.52 Billion | Rs1013.90 |
| #1222 | Norsk Hydro ASA | OL:NHY | $21.30 Billion | Nkr103.05 |
Shenzhen Sunxing Light Alloys Historical Marketcap From 2017 to 2026
Between 2017 and today, Shenzhen Sunxing Light Alloys's market cap moved from $1.43 Billion to $ 798.50 Million, with a yearly change of 2.17%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥798.50 Million | -8.46% |
| 2025 | CN¥872.33 Million | +83.26% |
| 2024 | CN¥476.01 Million | -7.06% |
| 2023 | CN¥512.15 Million | -10.52% |
| 2022 | CN¥572.39 Million | -32.42% |
| 2021 | CN¥847.00 Million | +59.05% |
| 2020 | CN¥532.54 Million | -33.00% |
| 2019 | CN¥794.82 Million | +36.92% |
| 2018 | CN¥580.49 Million | -59.26% |
| 2017 | CN¥1.43 Billion | -- |
End of Day Market Cap According to Different Sources
On Jun 16th, 2026 the market cap of Shenzhen Sunxing Light Alloys was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $798.50 Million USD |
| MoneyControl | $798.50 Million USD |
| MarketWatch | $798.50 Million USD |
| marketcap.company | $798.50 Million USD |
| Reuters | $798.50 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Shenzhen Sunxing Light Alloys
Shenzhen SunXing Light Alloys Materials Co.,Ltd. develops, produces, and sells light alloy materials in China. The company offers aluminum and magnesium alloy materials for use in various fields, such as military, aerospace, navigation, rail transit. Shenzhen SunXing Light Alloys Materials Co.,Ltd. was founded in 1992 and is based in Shenzhen, China.