Ningbo Changhong Polymer Scientific & Technical Inc
Ningbo Changhong Polymer Scientific and Technical Inc. engages in the research, development, production, and sale of styrene-based thermoplastic elastomers in China. It offers Styrene-butadiene-styrene, styrene-ethylene-butylene-styrene, styrene-isoprene-styrene, and styrene-ethylene-propylene-styrene used in rubber products. The company was founded in 2012 and is based in Ningbo, China.
Market Cap & Net Worth: Ningbo Changhong Polymer Scientific & Technical Inc (605008)
Ningbo Changhong Polymer Scientific & Technical Inc (SHG:605008) has a market capitalization of $1.12 Billion (CN¥8.19 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #15316 globally and #4082 in its home market, demonstrating a 1.44% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Ningbo Changhong Polymer Scientific & Technical Inc's stock price CN¥12.68 by its total outstanding shares 645962414 (645.96 Million).
Ningbo Changhong Polymer Scientific & Technical Inc Market Cap History: 2020 to 2026
Ningbo Changhong Polymer Scientific & Technical Inc's market capitalization history from 2020 to 2026. Data shows growth from $1.51 Billion to $1.12 Billion (3.44% CAGR).
Ningbo Changhong Polymer Scientific & Technical Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Ningbo Changhong Polymer Scientific & Technical Inc'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
0.29x
Ningbo Changhong Polymer Scientific & Technical Inc's market cap is 0.29 times its annual revenue
0.59x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
11.16x
Ningbo Changhong Polymer Scientific & Technical Inc's market cap is 11.16 times its annual earnings
710.94x
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 |
|---|---|---|---|---|---|
| 2020 | $1.51 Billion | $1.30 Billion | $301.63 Million | 1.16x | 5.01x |
| 2021 | $1.27 Billion | $1.73 Billion | $184.98 Million | 0.73x | 6.88x |
| 2022 | $1.40 Billion | $2.37 Billion | $180.46 Million | 0.59x | 7.79x |
| 2023 | $1.37 Billion | $1.42 Billion | $95.01 Million | 0.97x | 14.39x |
| 2024 | $1.05 Billion | $3.63 Billion | $94.22 Million | 0.29x | 11.16x |
Competitor Companies of 605008 by Market Capitalization
Companies near Ningbo Changhong Polymer Scientific & Technical Inc in the global market cap rankings as of March 18, 2026.
Key companies related to Ningbo Changhong Polymer Scientific & Technical Inc by market ranking:
- Linde plc Ordinary Shares (NASDAQ:LIN): Ranked #71 globally with a market cap of $210.18 Billion USD.
- L'Air Liquide S.A (PINK:AIQUF): Ranked #182 globally with a market cap of $107.70 Billion USD.
- Air Liquide SA (PA:AI): Ranked #200 globally with a market cap of $99.38 Billion USD ( €96.82 Billion EUR).
- Ecolab Inc (NYSE:ECL): Ranked #266 globally with a market cap of $77.81 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #71 | Linde plc Ordinary Shares | NASDAQ:LIN | $210.18 Billion | $494.05 |
| #182 | L'Air Liquide S.A | PINK:AIQUF | $107.70 Billion | $187.03 |
| #200 | Air Liquide SA | PA:AI | $99.38 Billion | €172.22 |
| #266 | Ecolab Inc | NYSE:ECL | $77.81 Billion | $272.59 |
Ningbo Changhong Polymer Scientific & Technical Inc Historical Marketcap From 2020 to 2026
Between 2020 and today, Ningbo Changhong Polymer Scientific & Technical Inc's market cap moved from $1.51 Billion to $ 1.12 Billion, with a yearly change of 3.44%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.12 Billion | -11.14% |
| 2025 | CN¥1.26 Billion | +19.51% |
| 2024 | CN¥1.05 Billion | -23.10% |
| 2023 | CN¥1.37 Billion | -2.70% |
| 2022 | CN¥1.40 Billion | +10.43% |
| 2021 | CN¥1.27 Billion | -15.76% |
| 2020 | CN¥1.51 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Ningbo Changhong Polymer Scientific & Technical Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.12 Billion USD |
| MoneyControl | $1.12 Billion USD |
| MarketWatch | $1.12 Billion USD |
| marketcap.company | $1.12 Billion USD |
| Reuters | $1.12 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.