MGI Tech Co. Ltd. A
MGI Tech Co., Ltd. engages in the research, development, production, and sale of DNA sequencing instruments, reagents, and related products for precision medicine, agriculture, healthcare, and other relevant industries in China and internationally. Its products include sequencers, such as genetic sequencers, sequencing reagents, library prep kits multiplex immunofluorescence reagent staining sets… Read more
Market Cap & Net Worth: MGI Tech Co. Ltd. A (688114)
MGI Tech Co. Ltd. A (SHG:688114) has a market capitalization of $3.05 Billion (CN¥22.40 Billion) as of March 19, 2026. Listed on the SHG stock exchange, this China-based company holds position #6430 globally and #980 in its home market, demonstrating a -3.27% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying MGI Tech Co. Ltd. A's stock price CN¥53.79 by its total outstanding shares 416516155 (416.52 Million).
MGI Tech Co. Ltd. A Market Cap History: 2022 to 2026
MGI Tech Co. Ltd. A's market capitalization history from 2022 to 2026. Data shows change from $6.28 Billion to $3.05 Billion (-16.10% CAGR).
MGI Tech Co. Ltd. A Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how MGI Tech Co. Ltd. A'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
0.88x
MGI Tech Co. Ltd. A's market cap is 0.88 times its annual revenue
0.67x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero 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 |
|---|---|---|---|---|---|
| 2022 | $6.28 Billion | $4.23 Billion | $2.03 Billion | 1.48x | 3.10x |
| 2023 | $4.88 Billion | $2.91 Billion | -$607.50 Million | 1.68x | N/A |
| 2024 | $2.66 Billion | $3.01 Billion | -$600.83 Million | 0.88x | N/A |
Competitor Companies of 688114 by Market Capitalization
Companies near MGI Tech Co. Ltd. A in the global market cap rankings as of March 19, 2026.
Key companies related to MGI Tech Co. Ltd. A by market ranking:
- Abbott Laboratories (NYSE:ABT): Ranked #78 globally with a market cap of $191.37 Billion USD.
- Stryker Corporation (NYSE:SYK): Ranked #154 globally with a market cap of $121.03 Billion USD.
- Medtronic PLC (NYSE:MDT): Ranked #168 globally with a market cap of $113.17 Billion USD.
- Boston Scientific Corp (NYSE:BSX): Ranked #185 globally with a market cap of $105.26 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #78 | Abbott Laboratories | NYSE:ABT | $191.37 Billion | $110.71 |
| #154 | Stryker Corporation | NYSE:SYK | $121.03 Billion | $349.11 |
| #168 | Medtronic PLC | NYSE:MDT | $113.17 Billion | $88.44 |
| #185 | Boston Scientific Corp | NYSE:BSX | $105.26 Billion | $71.20 |
MGI Tech Co. Ltd. A Historical Marketcap From 2022 to 2026
Between 2022 and today, MGI Tech Co. Ltd. A's market cap moved from $6.28 Billion to $ 3.05 Billion, with a yearly change of -16.10%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥3.05 Billion | -11.47% |
| 2025 | CN¥3.45 Billion | +29.86% |
| 2024 | CN¥2.66 Billion | -45.61% |
| 2023 | CN¥4.88 Billion | -22.27% |
| 2022 | CN¥6.28 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of MGI Tech Co. Ltd. A was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $3.05 Billion USD |
| MoneyControl | $3.05 Billion USD |
| MarketWatch | $3.05 Billion USD |
| marketcap.company | $3.05 Billion USD |
| Reuters | $3.05 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.