Western Superconducting Tech Co Ltd
Western Superconducting Technologies Co., Ltd. engages in the research and development, production, and sale of superconducting materials, high-end titanium alloy materials, and high temperature alloy materials and applications in China. The company offers superconducting products, including titanium ingots, superconducting wires, niobium tin superconducting wires, MgB2 wires, and superconducting… Read more
Market Cap & Net Worth: Western Superconducting Tech Co Ltd (688122)
Western Superconducting Tech Co Ltd (SHG:688122) has a market capitalization of $6.91 Billion (CN¥50.67 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #3192 globally and #237 in its home market, demonstrating a -10.51% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Western Superconducting Tech Co Ltd's stock price CN¥78.00 by its total outstanding shares 649664497 (649.66 Million).
Western Superconducting Tech Co Ltd Market Cap History: 2019 to 2026
Western Superconducting Tech Co Ltd's market capitalization history from 2019 to 2026. Data shows growth from $2.04 Billion to $6.91 Billion (11.62% CAGR).
Western Superconducting Tech Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Western Superconducting Tech 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
0.82x
Western Superconducting Tech Co Ltd's market cap is 0.82 times its annual revenue
646.10x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
4.73x
Western Superconducting Tech Co Ltd's market cap is 4.73 times its annual earnings
3.54x
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 |
|---|---|---|---|---|---|
| 2019 | $2.04 Billion | $1.45 Billion | $158.24 Million | 1.41x | 12.87x |
| 2020 | $4.85 Billion | $2.11 Billion | $370.77 Million | 2.30x | 13.09x |
| 2021 | $5.95 Billion | $2.93 Billion | $741.48 Million | 2.03x | 8.03x |
| 2022 | $5.87 Billion | $4.23 Billion | $1.08 Billion | 1.39x | 5.44x |
| 2023 | $4.71 Billion | $4.16 Billion | $752.37 Million | 1.13x | 6.26x |
| 2024 | $3.79 Billion | $4.61 Billion | $800.79 Million | 0.82x | 4.73x |
Competitor Companies of 688122 by Market Capitalization
Companies near Western Superconducting Tech Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Western Superconducting Tech Co Ltd by market ranking:
- Allegheny Technologies Incorporated (NYSE:ATI): Ranked #995 globally with a market cap of $19.84 Billion USD.
- Carpenter Technology Corporation (NYSE:CRS): Ranked #1057 globally with a market cap of $18.51 Billion USD.
- ESAB Corp (NYSE:ESAB): Ranked #2558 globally with a market cap of $5.64 Billion USD.
- ESAB CORP. DL -001 (F:O03): Ranked #2856 globally with a market cap of $4.81 Billion USD ( €4.68 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #995 | Allegheny Technologies Incorporated | NYSE:ATI | $19.84 Billion | $148.83 |
| #1057 | Carpenter Technology Corporation | NYSE:CRS | $18.51 Billion | $381.46 |
| #2558 | ESAB Corp | NYSE:ESAB | $5.64 Billion | $99.50 |
| #2856 | ESAB CORP. DL -001 | F:O03 | $4.81 Billion | €82.50 |
Western Superconducting Tech Co Ltd Historical Marketcap From 2019 to 2026
Between 2019 and today, Western Superconducting Tech Co Ltd's market cap moved from $2.04 Billion to $ 6.91 Billion, with a yearly change of 11.62%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥6.91 Billion | +4.59% |
| 2025 | CN¥6.60 Billion | +74.17% |
| 2024 | CN¥3.79 Billion | -19.56% |
| 2023 | CN¥4.71 Billion | -19.73% |
| 2022 | CN¥5.87 Billion | -1.36% |
| 2021 | CN¥5.95 Billion | +22.69% |
| 2020 | CN¥4.85 Billion | +138.18% |
| 2019 | CN¥2.04 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Western Superconducting Tech Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $6.91 Billion USD |
| MoneyControl | $6.91 Billion USD |
| MarketWatch | $6.91 Billion USD |
| marketcap.company | $6.91 Billion USD |
| Reuters | $6.91 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.