Jiangyin Hengrun Heavy (SHG:603985) — Market Cap & Net Worth
Market Cap & Net Worth: Jiangyin Hengrun Heavy (603985)
Jiangyin Hengrun Heavy (SHG:603985) has a market capitalization of $1.11 Billion (CN¥7.56 Billion) as of September 24, 2026. Listed on the SHG stock exchange, this China-based company holds position #8541 globally and #2049 in its home market, demonstrating a 2.82% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Jiangyin Hengrun Heavy's stock price CN¥17.15 by its total outstanding shares 440858003 (440.86 Million). Also see Jiangyin Hengrun Heavy (603985) total assets for a full breakdown of the balance sheet.
Jiangyin Hengrun Heavy Market Cap History: 2017 to 2026
Jiangyin Hengrun Heavy's market capitalization history from 2017 to 2026. Data shows growth from $504.69 Million to $1.11 Billion (8.19% CAGR). Also see Jiangyin Hengrun Heavy (603985) cash flow conversion for how efficiently the company converts equity into cash flow.
Jiangyin Hengrun Heavy Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Jiangyin Hengrun Heavy'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. Check 603985 share price today for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.25x
Jiangyin Hengrun Heavy's market cap is 0.25 times its annual revenue
Latest Price to Earnings (P/E) Ratio
11.78x
Jiangyin Hengrun Heavy's market cap is 11.78 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 | $504.69 Million | $740.67 Million | $90.70 Million | 0.68x | 5.56x |
| 2018 | $371.24 Million | $1.19 Billion | $124.82 Million | 0.31x | 2.97x |
| 2019 | $401.89 Million | $1.43 Billion | $82.92 Million | 0.28x | 4.85x |
| 2020 | $1.22 Billion | $2.38 Billion | $463.15 Million | 0.51x | 2.64x |
| 2021 | $2.63 Billion | $2.29 Billion | $441.91 Million | 1.15x | 5.96x |
| 2022 | $1.59 Billion | $1.94 Billion | $94.80 Million | 0.82x | 16.77x |
| 2023 | $1.60 Billion | $1.85 Billion | -$34.99 Million | 0.87x | N/A |
| 2024 | $753.49 Million | $1.73 Billion | -$138.29 Million | 0.44x | N/A |
| 2025 | $983.15 Million | $3.96 Billion | $83.48 Million | 0.25x | 11.78x |
Competitor Companies of 603985 by Market Capitalization
Companies near Jiangyin Hengrun Heavy in the global market cap rankings as of September 24, 2026. Review Jiangyin Hengrun Heavy tangible equity quality to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Jiangyin Hengrun Heavy by market ranking:
- Allegheny Technologies Incorporated (NYSE:ATI): Ranked #1060 globally with a market cap of $25.40 Billion USD.
- Carpenter Technology Corporation (NYSE:CRS): Ranked #1295 globally with a market cap of $19.88 Billion USD.
- Mueller Industries Inc (NYSE:MLI): Ranked #1814 globally with a market cap of $13.25 Billion USD.
- Shenyang Fortune Precision Equipment Co. Ltd. A (SHG:688409): Ranked #2524 globally with a market cap of $8.60 Billion USD ( CN¥58.76 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1060 | Allegheny Technologies Incorporated | NYSE:ATI | $25.40 Billion | $186.56 |
| #1295 | Carpenter Technology Corporation | NYSE:CRS | $19.88 Billion | $400.02 |
| #1814 | Mueller Industries Inc | NYSE:MLI | $13.25 Billion | $59.90 |
| #2524 | Shenyang Fortune Precision Equipment Co. Ltd. A | SHG:688409 | $8.60 Billion | CN¥191.89 |
Jiangyin Hengrun Heavy Historical Marketcap From 2017 to 2026
Between 2017 and today, Jiangyin Hengrun Heavy's market cap moved from $504.69 Million to $ 1.11 Billion, with a yearly change of 8.19%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.11 Billion | +12.53% |
| 2025 | CN¥983.15 Million | +30.48% |
| 2024 | CN¥753.49 Million | -53.00% |
| 2023 | CN¥1.60 Billion | +0.82% |
| 2022 | CN¥1.59 Billion | -39.61% |
| 2021 | CN¥2.63 Billion | +115.19% |
| 2020 | CN¥1.22 Billion | +204.45% |
| 2019 | CN¥401.89 Million | +8.26% |
| 2018 | CN¥371.24 Million | -26.44% |
| 2017 | CN¥504.69 Million | -- |
End of Day Market Cap According to Different Sources
On Sep 23rd, 2026 the market cap of Jiangyin Hengrun Heavy was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.11 Billion USD |
| MoneyControl | $1.11 Billion USD |
| MarketWatch | $1.11 Billion USD |
| marketcap.company | $1.11 Billion USD |
| Reuters | $1.11 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Jiangyin Hengrun Heavy
Jiangyin Hengrun Heavy Industries Co., Ltd manufactures and sells precision machinery in China. The company offers wind turbine flanges and bearing, ring forgings, wind turbine bearings, gas turbine components, nuclear power components, pressure vessels, custom parts, and offshore oil and gas equipment. It also provides design, forging, and precision machining services. The company was founded in… Read more