Mingxin Automotive Leather Co. Ltd.
Mingxin New Material Co.,Ltd. engages in the research, development, production and sales of automotive interior materials in China. The company offers Verona microfiber, Menocra microfiber, Mingxin leather, and Hurongo PU materials used in seats, steering wheels, dashboards, headrests, armrests, ceilings, etc. The company was formerly known as Mingxin Automotive Leather Co., Ltd. and changed its … Read more
Market Cap & Net Worth: Mingxin Automotive Leather Co. Ltd. (605068)
Mingxin Automotive Leather Co. Ltd. (SHG:605068) has a market capitalization of $631.35 Million (CN¥4.63 Billion) as of March 19, 2026. Listed on the SHG stock exchange, this China-based company holds position #15361 globally and #4099 in its home market, demonstrating a 6.97% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Mingxin Automotive Leather Co. Ltd.'s stock price CN¥28.56 by its total outstanding shares 162198495 (162.20 Million).
Mingxin Automotive Leather Co. Ltd. Market Cap History: 2020 to 2026
Mingxin Automotive Leather Co. Ltd.'s market capitalization history from 2020 to 2026. Data shows change from $700.38 Million to $631.35 Million (-2.19% CAGR).
Mingxin Automotive Leather Co. Ltd. Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Mingxin Automotive Leather 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
0.25x
Mingxin Automotive Leather Co. Ltd.'s market cap is 0.25 times its annual revenue
0.41x
Lower than industry averageLatest 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 |
|---|---|---|---|---|---|
| 2020 | $700.38 Million | $808.23 Million | $220.51 Million | 0.87x | 3.18x |
| 2021 | $784.07 Million | $820.77 Million | $163.39 Million | 0.96x | 4.80x |
| 2022 | $653.21 Million | $855.55 Million | $100.53 Million | 0.76x | 6.50x |
| 2023 | $496.06 Million | $905.74 Million | $55.08 Million | 0.55x | 9.01x |
| 2024 | $297.33 Million | $1.18 Billion | -$172.15 Million | 0.25x | N/A |
Competitor Companies of 605068 by Market Capitalization
Companies near Mingxin Automotive Leather Co. Ltd. in the global market cap rankings as of March 19, 2026.
Key companies related to Mingxin Automotive Leather Co. Ltd. by market ranking:
- O’Reilly Automotive Inc (NASDAQ:ORLY): Ranked #286 globally with a market cap of $73.17 Billion USD.
- AutoZone Inc (NYSE:AZO): Ranked #391 globally with a market cap of $55.52 Billion USD.
- Bridgestone Corporation (PINK:BRDCF): Ranked #770 globally with a market cap of $26.13 Billion USD.
- DENSO Corporation (PINK:DNZOF): Ranked #1031 globally with a market cap of $18.84 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #286 | O’Reilly Automotive Inc | NASDAQ:ORLY | $73.17 Billion | $87.72 |
| #391 | AutoZone Inc | NYSE:AZO | $55.52 Billion | $3361.98 |
| #770 | Bridgestone Corporation | PINK:BRDCF | $26.13 Billion | $42.48 |
| #1031 | DENSO Corporation | PINK:DNZOF | $18.84 Billion | $10.60 |
Mingxin Automotive Leather Co. Ltd. Historical Marketcap From 2020 to 2026
Between 2020 and today, Mingxin Automotive Leather Co. Ltd.'s market cap moved from $700.38 Million to $ 631.35 Million, with a yearly change of -2.19%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥631.35 Million | +11.69% |
| 2025 | CN¥565.26 Million | +90.11% |
| 2024 | CN¥297.33 Million | -40.06% |
| 2023 | CN¥496.06 Million | -24.06% |
| 2022 | CN¥653.21 Million | -16.69% |
| 2021 | CN¥784.07 Million | +11.95% |
| 2020 | CN¥700.38 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 19th, 2026 the market cap of Mingxin Automotive Leather Co. Ltd. was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $631.35 Million USD |
| MoneyControl | $631.35 Million USD |
| MarketWatch | $631.35 Million USD |
| marketcap.company | $631.35 Million USD |
| Reuters | $631.35 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.