Zhejiang MustangBattery Co.Ltd
Zhejiang Mustang Battery Co.,Ltd engages in the research and development, production, and sale of zinc-manganese batteries in China. The company offers alkaline batteries, zinc-carbon products, Ni-mh products, special products, and package products, as well as alkaline-manganese batteries under the Mustang, MUSTANG, and RAYMAX brands. It sells its products in the European Union, North America, So… Read more
Market Cap & Net Worth: Zhejiang MustangBattery Co.Ltd (605378)
Zhejiang MustangBattery Co.Ltd (SHG:605378) has a market capitalization of $753.35 Million (CN¥5.53 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #14792 globally and #3916 in its home market, demonstrating a 4.19% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Zhejiang MustangBattery Co.Ltd's stock price CN¥21.15 by its total outstanding shares 261346400 (261.35 Million).
Zhejiang MustangBattery Co.Ltd Market Cap History: 2021 to 2026
Zhejiang MustangBattery Co.Ltd's market capitalization history from 2021 to 2026. Data shows growth from $674.43 Million to $753.35 Million (5.26% CAGR).
Zhejiang MustangBattery Co.Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Zhejiang MustangBattery 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
0.57x
Zhejiang MustangBattery Co.Ltd's market cap is 0.57 times its annual revenue
0.28x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
4.80x
Zhejiang MustangBattery Co.Ltd's market cap is 4.80 times its annual earnings
1.62x
Higher 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 |
|---|---|---|---|---|---|
| 2021 | $674.43 Million | $1.19 Billion | $75.84 Million | 0.57x | 8.89x |
| 2022 | $505.92 Million | $1.02 Billion | $98.67 Million | 0.50x | 5.13x |
| 2023 | $615.45 Million | $996.86 Million | $105.54 Million | 0.62x | 5.83x |
| 2024 | $733.75 Million | $1.30 Billion | $152.78 Million | 0.57x | 4.80x |
Competitor Companies of 605378 by Market Capitalization
Companies near Zhejiang MustangBattery Co.Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Zhejiang MustangBattery Co.Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #157 globally with a market cap of $118.93 Billion USD ( CN¥872.65 Billion CNY).
- Vertiv Holdings Co (NYSE:VRT): Ranked #225 globally with a market cap of $89.72 Billion USD.
- ABB Ltd (PINK:ABBNY): Ranked #242 globally with a market cap of $85.22 Billion USD.
- VERTIV HOL.CL A DL-0001 (F:49V): Ranked #371 globally with a market cap of $59.06 Billion USD ( €57.54 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #157 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $118.93 Billion | CN¥405.00 |
| #225 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $268.41 |
| #242 | ABB Ltd | PINK:ABBNY | $85.22 Billion | $46.91 |
| #371 | VERTIV HOL.CL A DL-0001 | F:49V | $59.06 Billion | €232.00 |
Zhejiang MustangBattery Co.Ltd Historical Marketcap From 2021 to 2026
Between 2021 and today, Zhejiang MustangBattery Co.Ltd's market cap moved from $674.43 Million to $ 753.35 Million, with a yearly change of 5.26%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥753.35 Million | -5.92% |
| 2025 | CN¥800.72 Million | +9.13% |
| 2024 | CN¥733.75 Million | +19.22% |
| 2023 | CN¥615.45 Million | +21.65% |
| 2022 | CN¥505.92 Million | -24.99% |
| 2021 | CN¥674.43 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Zhejiang MustangBattery Co.Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $753.35 Million USD |
| MoneyControl | $753.35 Million USD |
| MarketWatch | $753.35 Million USD |
| marketcap.company | $753.35 Million USD |
| Reuters | $753.35 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.