Beijing LabTech Instruments Co Ltd
Beijing Labtech Instruments Co., Ltd. manufactures and supplies laboratorial products and solutions to laboratory industry worldwide. It offers water chillers, rotary evaporators, digestion blocks, vacuum pumps, and hot plates; AutoClean GPC cleanup, SepLine solid phase extraction, Sepath solid phase extraction, concentration systems, digestion systems, and evaporation systems; and analytical ins… Read more
Market Cap & Net Worth: Beijing LabTech Instruments Co Ltd (688056)
Beijing LabTech Instruments Co Ltd (SHG:688056) has a market capitalization of $348.33 Million (CN¥2.56 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #16270 globally and #4323 in its home market, demonstrating a 1.28% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Beijing LabTech Instruments Co Ltd's stock price CN¥37.89 by its total outstanding shares 67452460 (67.45 Million).
Beijing LabTech Instruments Co Ltd Market Cap History: 2020 to 2026
Beijing LabTech Instruments Co Ltd's market capitalization history from 2020 to 2026. Data shows change from $276.54 Million to $348.33 Million (-2.95% CAGR).
Beijing LabTech Instruments Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Beijing LabTech Instruments 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
0.63x
Beijing LabTech Instruments Co Ltd's market cap is 0.63 times its annual revenue
1.12x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
6.85x
Beijing LabTech Instruments Co Ltd's market cap is 6.85 times its annual earnings
15.21x
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 | $276.54 Million | $348.60 Million | $65.21 Million | 0.79x | 4.24x |
| 2021 | $560.96 Million | $368.86 Million | $69.41 Million | 1.52x | 8.08x |
| 2022 | $356.20 Million | $355.00 Million | $44.62 Million | 1.00x | 7.98x |
| 2023 | $296.34 Million | $415.99 Million | $27.56 Million | 0.71x | 10.75x |
| 2024 | $268.07 Million | $424.01 Million | $39.15 Million | 0.63x | 6.85x |
Competitor Companies of 688056 by Market Capitalization
Companies near Beijing LabTech Instruments Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Beijing LabTech Instruments Co Ltd by market ranking:
- Keyence (PINK:KYCCF): Ranked #314 globally with a market cap of $67.95 Billion USD.
- Coherent Inc (NYSE:COHR): Ranked #527 globally with a market cap of $40.51 Billion USD.
- COHERENT CORP. (F:H7B): Ranked #533 globally with a market cap of $40.03 Billion USD ( €39.00 Billion EUR).
- Garmin Ltd (NYSE:GRMN): Ranked #556 globally with a market cap of $38.55 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #314 | Keyence | PINK:KYCCF | $67.95 Billion | $363.01 |
| #527 | Coherent Inc | NYSE:COHR | $40.51 Billion | $245.80 |
| #533 | COHERENT CORP. | F:H7B | $40.03 Billion | €223.00 |
| #556 | Garmin Ltd | NYSE:GRMN | $38.55 Billion | $235.10 |
Beijing LabTech Instruments Co Ltd Historical Marketcap From 2020 to 2026
Between 2020 and today, Beijing LabTech Instruments Co Ltd's market cap moved from $276.54 Million to $ 348.33 Million, with a yearly change of -2.95%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥348.33 Million | +12.73% |
| 2025 | CN¥308.98 Million | +15.26% |
| 2024 | CN¥268.07 Million | -9.54% |
| 2023 | CN¥296.34 Million | -16.81% |
| 2022 | CN¥356.20 Million | -36.50% |
| 2021 | CN¥560.96 Million | +102.85% |
| 2020 | CN¥276.54 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Beijing LabTech Instruments Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $348.33 Million USD |
| MoneyControl | $348.33 Million USD |
| MarketWatch | $348.33 Million USD |
| marketcap.company | $348.33 Million USD |
| Reuters | $348.33 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.