Ningbo Deye Technology Co Ltd (SHG:605117) — Market Cap & Net Worth
Market Cap & Net Worth: Ningbo Deye Technology Co Ltd (605117)
Ningbo Deye Technology Co Ltd (SHG:605117) has a market capitalization of $20.01 Billion (CN¥136.74 Billion) as of May 2, 2026. Listed on the SHG stock exchange, this China-based company holds position #1265 globally and #112 in its home market, demonstrating a 3.74% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Ningbo Deye Technology Co Ltd's stock price CN¥150.63 by its total outstanding shares 907766493 (907.77 Million). Analyse cash efficiency ratio of Ningbo Deye Technology Co Ltd to see how efficiently the company converts income to cash.
Ningbo Deye Technology Co Ltd Market Cap History: 2021 to 2026
Ningbo Deye Technology Co Ltd's market capitalization history from 2021 to 2026. Data shows growth from $9.78 Billion to $20.01 Billion (63.79% CAGR).
Ningbo Deye Technology Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Ningbo Deye Technology 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
1.01x
Ningbo Deye Technology Co Ltd's market cap is 1.01 times its annual revenue
Latest Price to Earnings (P/E) Ratio
3.81x
Ningbo Deye Technology Co Ltd's market cap is 3.81 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 |
|---|---|---|---|---|---|
| 2021 | $9.78 Billion | $4.17 Billion | $578.56 Million | 2.35x | 16.90x |
| 2022 | $16.67 Billion | $5.96 Billion | $1.52 Billion | 2.80x | 10.99x |
| 2023 | $7.73 Billion | $7.48 Billion | $1.79 Billion | 1.03x | 4.31x |
| 2024 | $11.26 Billion | $11.21 Billion | $2.96 Billion | 1.01x | 3.81x |
Competitor Companies of 605117 by Market Capitalization
Companies near Ningbo Deye Technology Co Ltd in the global market cap rankings as of May 2, 2026.
Key companies related to Ningbo Deye Technology Co Ltd by market ranking:
- Midea Group Co Ltd (SHE:000333): Ranked #308 globally with a market cap of $82.47 Billion USD ( CN¥563.57 Billion CNY).
- Gree Electric Appliances Inc of Zhuhai (SHE:000651): Ranked #807 globally with a market cap of $32.83 Billion USD ( CN¥224.34 Billion CNY).
- Qingdao Haier Co Ltd (SHG:600690): Ranked #1282 globally with a market cap of $19.70 Billion USD ( CN¥134.63 Billion CNY).
- Somnigroup International Inc. (NYSE:SGI): Ranked #1542 globally with a market cap of $15.86 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #308 | Midea Group Co Ltd | SHE:000333 | $82.47 Billion | CN¥81.10 |
| #807 | Gree Electric Appliances Inc of Zhuhai | SHE:000651 | $32.83 Billion | CN¥40.05 |
| #1282 | Qingdao Haier Co Ltd | SHG:600690 | $19.70 Billion | CN¥21.53 |
| #1542 | Somnigroup International Inc. | NYSE:SGI | $15.86 Billion | $75.58 |
Ningbo Deye Technology Co Ltd Historical Marketcap From 2021 to 2026
Between 2021 and today, Ningbo Deye Technology Co Ltd's market cap moved from $9.78 Billion to $ 20.01 Billion, with a yearly change of 63.79%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥20.01 Billion | +74.74% |
| 2025 | CN¥11.45 Billion | +1.65% |
| 2024 | CN¥11.26 Billion | +45.79% |
| 2023 | CN¥7.73 Billion | -53.65% |
| 2022 | CN¥16.67 Billion | +70.45% |
| 2021 | CN¥9.78 Billion | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Ningbo Deye Technology Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $20.01 Billion USD |
| MoneyControl | $20.01 Billion USD |
| MarketWatch | $20.01 Billion USD |
| marketcap.company | $20.01 Billion USD |
| Reuters | $20.01 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Ningbo Deye Technology Co Ltd
Ningbo Deye Technology Group Co., Ltd. engages in the production and sales of heat exchangers, inverters, and dehumidifiers in South Africa, Brazil, Hong Kong, Germany, India, and internationally. The company offers household, industrial, fresh air, pipe ceiling, and rotary dehumidifiers, as well as integrated dehumidification and humidification machines, constant temperature and humidity machine… Read more