Ningbo Tip Rubber Technology Co Ltd
Ningbo TIP Rubber Technology Co.,Ltd engages in the research and development, production, and sale of polymer material fluid piping systems, and sealing system parts and assemblies for automobiles in China and internationally. It offers engine accessory system hoses and assemblies; automobile air conditioning systems; power steering systems; body accessory system hoses and assemblies; fuel system… Read more
Market Cap & Net Worth: Ningbo Tip Rubber Technology Co Ltd (605255)
Ningbo Tip Rubber Technology Co Ltd (SHG:605255) has a market capitalization of $2.09 Billion (CN¥15.35 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #8481 globally and #1628 in its home market, demonstrating a 2.77% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Ningbo Tip Rubber Technology Co Ltd's stock price CN¥114.49 by its total outstanding shares 134080000 (134.08 Million).
Ningbo Tip Rubber Technology Co Ltd Market Cap History: 2020 to 2026
Ningbo Tip Rubber Technology Co Ltd's market capitalization history from 2020 to 2026. Data shows growth from $264.60 Million to $2.09 Billion (41.93% CAGR).
Ningbo Tip Rubber Technology Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Ningbo Tip Rubber 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
0.67x
Ningbo Tip Rubber Technology Co Ltd's market cap is 0.67 times its annual revenue
0.42x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
6.96x
Ningbo Tip Rubber Technology Co Ltd's market cap is 6.96 times its annual earnings
7.15x
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 | $264.60 Million | $303.64 Million | $62.66 Million | 0.87x | 4.22x |
| 2021 | $287.53 Million | $306.30 Million | $39.49 Million | 0.94x | 7.28x |
| 2022 | $250.58 Million | $329.42 Million | $25.56 Million | 0.76x | 9.80x |
| 2023 | $315.22 Million | $348.38 Million | $30.61 Million | 0.90x | 10.30x |
| 2024 | $230.07 Million | $342.30 Million | $33.07 Million | 0.67x | 6.96x |
Competitor Companies of 605255 by Market Capitalization
Companies near Ningbo Tip Rubber Technology Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Ningbo Tip Rubber Technology Co Ltd by market ranking:
- O’Reilly Automotive Inc (NASDAQ:ORLY): Ranked #277 globally with a market cap of $75.46 Billion USD.
- AutoZone Inc (NYSE:AZO): Ranked #378 globally with a market cap of $57.62 Billion USD.
- Bridgestone Corporation (PINK:BRDCF): Ranked #767 globally with a market cap of $26.13 Billion USD.
- DENSO Corporation (PINK:DNZOF): Ranked #1038 globally with a market cap of $18.84 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #277 | O’Reilly Automotive Inc | NASDAQ:ORLY | $75.46 Billion | $90.46 |
| #378 | AutoZone Inc | NYSE:AZO | $57.62 Billion | $3488.88 |
| #767 | Bridgestone Corporation | PINK:BRDCF | $26.13 Billion | $42.48 |
| #1038 | DENSO Corporation | PINK:DNZOF | $18.84 Billion | $10.60 |
Ningbo Tip Rubber Technology Co Ltd Historical Marketcap From 2020 to 2026
Between 2020 and today, Ningbo Tip Rubber Technology Co Ltd's market cap moved from $264.60 Million to $ 2.09 Billion, with a yearly change of 41.93%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥2.09 Billion | -47.49% |
| 2025 | CN¥3.98 Billion | +1631.69% |
| 2024 | CN¥230.07 Million | -27.01% |
| 2023 | CN¥315.22 Million | +25.80% |
| 2022 | CN¥250.58 Million | -12.85% |
| 2021 | CN¥287.53 Million | +8.67% |
| 2020 | CN¥264.60 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Ningbo Tip Rubber Technology Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.09 Billion USD |
| MoneyControl | $2.09 Billion USD |
| MarketWatch | $2.09 Billion USD |
| marketcap.company | $2.09 Billion USD |
| Reuters | $2.09 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.