Hoymiles Power Electronics Inc Market Cap ($1.26 Billion)
Market Cap & Net Worth: Hoymiles Power Electronics Inc (688032)
Hoymiles Power Electronics Inc market cap. Hoymiles Power Electronics Inc (SHG:688032) has a market capitalization of $1.26 Billion (CN¥8.63 Billion) as of November 8, 2026. Listed on the SHG stock exchange, this China-based company holds position #7655 globally and #1659 in its home market, demonstrating a 8.32% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Hoymiles Power Electronics Inc's stock price CN¥69.55 by its total outstanding shares 124073545 (124.07 Million). Also see Hoymiles Power Electronics Inc (688032) cash conversion ratio for how efficiently the company converts equity into cash flow.
Hoymiles Power Electronics Inc Market Cap History (2021–2026)
Hoymiles Power Electronics Inc market cap history from 2021 to 2026. Data shows change from $3.88 Billion to $1.26 Billion (-21.02% CAGR). Check Hoymiles Power Electronics Inc stock quote for real-time trading data and today's change.
Hoymiles Power Electronics Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Hoymiles Power Electronics Inc'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. Explore 688032 net asset momentum to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
1.03x
Hoymiles Power Electronics Inc's market cap is 1.03 times its annual revenue
Latest Price to Earnings (P/E) Ratio
5.94x
Hoymiles Power Electronics Inc's market cap is 5.94 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 | $3.88 Billion | $795.19 Million | $201.74 Million | 4.88x | 19.24x |
| 2022 | $7.27 Billion | $1.54 Billion | $532.55 Million | 4.73x | 13.64x |
| 2023 | $3.20 Billion | $2.03 Billion | $511.85 Million | 1.58x | 6.25x |
| 2024 | $2.05 Billion | $1.99 Billion | $344.22 Million | 1.03x | 5.94x |
Competitor Companies of 688032 by Market Capitalization
Companies near Hoymiles Power Electronics Inc in the global market cap rankings as of November 8, 2026. Also see how large is Hoymiles Power Electronics Inc's balance sheet for a full breakdown of the balance sheet.
Key companies related to Hoymiles Power Electronics Inc by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #141 globally with a market cap of $163.99 Billion USD ( CN¥1.12 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #182 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Vertiv Holdings Co (NYSE:VRT): Ranked #397 globally with a market cap of $70.40 Billion USD.
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #407 globally with a market cap of $68.82 Billion USD ( ฿2.21 Trillion THB).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #141 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $163.99 Billion | CN¥254.22 |
| #182 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF66.98 |
| #397 | Vertiv Holdings Co | NYSE:VRT | $70.40 Billion | $182.86 |
| #407 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $68.82 Billion | ฿177.00 |
Market Capitalization of Hoymiles Power Electronics Inc (2021–2026)
Market capitalization of Hoymiles Power Electronics Inc from 2021 to today. Between 2021 and today, Hoymiles Power Electronics Inc's market cap moved from $3.88 Billion to $ 1.26 Billion, with a yearly change of -21.02%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.26 Billion | -31.00% |
| 2025 | CN¥1.83 Billion | -10.52% |
| 2024 | CN¥2.05 Billion | -36.07% |
| 2023 | CN¥3.20 Billion | -55.98% |
| 2022 | CN¥7.27 Billion | +87.23% |
| 2021 | CN¥3.88 Billion | -- |
End of Day Market Cap According to Different Sources
On Nov 8th, 2026 the market cap of Hoymiles Power Electronics Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.26 Billion USD |
| MoneyControl | $1.26 Billion USD |
| MarketWatch | $1.26 Billion USD |
| marketcap.company | $1.26 Billion USD |
| Reuters | $1.26 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Hoymiles Power Electronics Inc
Hoymiles Power Electronics Inc. engages in the manufacture and sale of module level power electronics (MLPE) solutions in China and internationally. It offers microinverters, data transfer units, energy storage, and rapid shutdown products, EV charger, battery, string inverter, as well as accessories, such as single- and multi- microinverter systems. The company also offers monitoring equipment, … Read more