Ningbo Ronbay New Energy Tech Ltd (SHG:688005) — Market Cap & Net Worth
Market Cap & Net Worth: Ningbo Ronbay New Energy Tech Ltd (688005)
Ningbo Ronbay New Energy Tech Ltd (SHG:688005) has a market capitalization of $3.99 Billion (CN¥27.28 Billion) as of May 7, 2026. Listed on the SHG stock exchange, this China-based company holds position #4186 globally and #733 in its home market, demonstrating a 15.14% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Ningbo Ronbay New Energy Tech Ltd's stock price CN¥38.17 by its total outstanding shares 714725470 (714.73 Million). Analyse Ningbo Ronbay New Energy Tech Ltd cash flow conversion to see how efficiently the company converts income to cash.
Ningbo Ronbay New Energy Tech Ltd Market Cap History: 2019 to 2026
Ningbo Ronbay New Energy Tech Ltd's market capitalization history from 2019 to 2026. Data shows change from $3.44 Billion to $3.99 Billion (-3.62% CAGR).
Ningbo Ronbay New Energy Tech Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Ningbo Ronbay New Energy Tech 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
0.22x
Ningbo Ronbay New Energy Tech Ltd's market cap is 0.22 times its annual revenue
Latest Price to Earnings (P/E) Ratio
11.15x
Ningbo Ronbay New Energy Tech Ltd's market cap is 11.15 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 |
|---|---|---|---|---|---|
| 2019 | $3.44 Billion | $4.19 Billion | $87.42 Million | 0.82x | 39.40x |
| 2020 | $5.35 Billion | $3.79 Billion | $213.06 Million | 1.41x | 25.11x |
| 2021 | $12.00 Billion | $10.26 Billion | $911.04 Million | 1.17x | 13.18x |
| 2022 | $7.16 Billion | $30.12 Billion | $1.35 Billion | 0.24x | 5.29x |
| 2023 | $4.16 Billion | $22.66 Billion | $580.91 Million | 0.18x | 7.17x |
| 2024 | $3.30 Billion | $15.09 Billion | $295.91 Million | 0.22x | 11.15x |
Competitor Companies of 688005 by Market Capitalization
Companies near Ningbo Ronbay New Energy Tech Ltd in the global market cap rankings as of May 7, 2026.
Key companies related to Ningbo Ronbay New Energy Tech Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #50 globally with a market cap of $296.71 Billion USD ( CN¥2.03 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #181 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #187 globally with a market cap of $125.58 Billion USD ( ฿4.03 Trillion THB).
- Vertiv Holdings Co (NYSE:VRT): Ranked #287 globally with a market cap of $89.72 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #50 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $296.71 Billion | CN¥460.00 |
| #181 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF82.40 |
| #187 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $125.58 Billion | ฿323.00 |
| #287 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $358.92 |
Ningbo Ronbay New Energy Tech Ltd Historical Marketcap From 2019 to 2026
Between 2019 and today, Ningbo Ronbay New Energy Tech Ltd's market cap moved from $3.44 Billion to $ 3.99 Billion, with a yearly change of -3.62%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥3.99 Billion | +7.82% |
| 2025 | CN¥3.70 Billion | +12.20% |
| 2024 | CN¥3.30 Billion | -20.73% |
| 2023 | CN¥4.16 Billion | -41.84% |
| 2022 | CN¥7.16 Billion | -40.38% |
| 2021 | CN¥12.00 Billion | +124.40% |
| 2020 | CN¥5.35 Billion | +55.31% |
| 2019 | CN¥3.44 Billion | -- |
End of Day Market Cap According to Different Sources
On May 7th, 2026 the market cap of Ningbo Ronbay New Energy Tech Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $3.99 Billion USD |
| MoneyControl | $3.99 Billion USD |
| MarketWatch | $3.99 Billion USD |
| marketcap.company | $3.99 Billion USD |
| Reuters | $3.99 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Ningbo Ronbay New Energy Tech Ltd
Ningbo Ronbay New Energy Technology Co.,Ltd. engages in the research and development, manufacture, and sale of multi-materials, lithium iron manganese phosphate materials, sodium electric materials and multi-material precursors in China and internationally. The company's products are used in electric vehicles, electric two-wheeled vehicles, energy storage equipment, and electronic products. Ningb… Read more