Western Superconducting Tech Co Ltd (SHG:688122) — Market Cap & Net Worth
Market Cap & Net Worth: Western Superconducting Tech Co Ltd (688122)
Western Superconducting Tech Co Ltd (SHG:688122) has a market capitalization of $6.15 Billion (CN¥42.05 Billion) as of May 2, 2026. Listed on the SHG stock exchange, this China-based company holds position #3120 globally and #441 in its home market, demonstrating a -12.92% 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¥64.72 by its total outstanding shares 649664497 (649.66 Million). Analyse cash flow conversion of Western Superconducting Tech Co Ltd to see how efficiently the company converts income to cash.
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 $2.19 Billion to $6.15 Billion (8.35% 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
0.88x
Western Superconducting Tech Co Ltd's market cap is 0.88 times its annual revenue
Latest Price to Earnings (P/E) Ratio
5.08x
Western Superconducting Tech Co Ltd's market cap is 5.08 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 | $2.19 Billion | $1.45 Billion | $158.24 Million | 1.51x | 13.82x |
| 2020 | $5.21 Billion | $2.11 Billion | $370.77 Million | 2.47x | 14.05x |
| 2021 | $6.39 Billion | $2.93 Billion | $741.48 Million | 2.18x | 8.62x |
| 2022 | $6.30 Billion | $4.23 Billion | $1.08 Billion | 1.49x | 5.84x |
| 2023 | $5.06 Billion | $4.16 Billion | $752.37 Million | 1.22x | 6.73x |
| 2024 | $4.07 Billion | $4.61 Billion | $800.79 Million | 0.88x | 5.08x |
Competitor Companies of 688122 by Market Capitalization
Companies near Western Superconducting Tech Co Ltd in the global market cap rankings as of May 2, 2026.
Key companies related to Western Superconducting Tech Co Ltd by market ranking:
- Carpenter Technology Corporation (NYSE:CRS): Ranked #1192 globally with a market cap of $21.39 Billion USD.
- Allegheny Technologies Incorporated (NYSE:ATI): Ranked #1272 globally with a market cap of $19.84 Billion USD.
- Mueller Industries Inc (NYSE:MLI): Ranked #1881 globally with a market cap of $12.41 Billion USD.
- Dajin Heavy Industry Corp (SHE:002487): Ranked #2652 globally with a market cap of $7.84 Billion USD ( CN¥53.57 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1192 | Carpenter Technology Corporation | NYSE:CRS | $21.39 Billion | $429.41 |
| #1272 | Allegheny Technologies Incorporated | NYSE:ATI | $19.84 Billion | $155.26 |
| #1881 | Mueller Industries Inc | NYSE:MLI | $12.41 Billion | $133.03 |
| #2652 | Dajin Heavy Industry Corp | SHE:002487 | $7.84 Billion | CN¥84.00 |
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 $2.19 Billion to $ 6.15 Billion, with a yearly change of 8.35%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥6.15 Billion | -13.22% |
| 2025 | CN¥7.09 Billion | +74.17% |
| 2024 | CN¥4.07 Billion | -19.56% |
| 2023 | CN¥5.06 Billion | -19.73% |
| 2022 | CN¥6.30 Billion | -1.36% |
| 2021 | CN¥6.39 Billion | +22.69% |
| 2020 | CN¥5.21 Billion | +138.18% |
| 2019 | CN¥2.19 Billion | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Western Superconducting Tech Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $6.15 Billion USD |
| MoneyControl | $6.15 Billion USD |
| MarketWatch | $6.15 Billion USD |
| marketcap.company | $6.15 Billion USD |
| Reuters | $6.15 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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