Shanghai Friendess Electronics Tech
Shanghai BOCHU Electronic Technology Corporation Limited. engages in research, development, production, and sales of industrial automation systems in China. The company's primary products include high and low power controllers; heavy cutting controllers; structural steel and plane bevel cutting controllers; 2D, tube, plane bevel, and structural steel cutting heads; high-speed servo set laser proc… Read more
Market Cap & Net Worth: Shanghai Friendess Electronics Tech (688188)
Shanghai Friendess Electronics Tech (SHG:688188) has a market capitalization of $5.87 Billion (CN¥43.06 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #4948 globally and #588 in its home market, demonstrating a 1.33% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Shanghai Friendess Electronics Tech's stock price CN¥149.14 by its total outstanding shares 288729927 (288.73 Million).
Shanghai Friendess Electronics Tech Market Cap History: 2019 to 2026
Shanghai Friendess Electronics Tech's market capitalization history from 2019 to 2026. Data shows change from $4.32 Billion to $5.87 Billion (-1.97% CAGR).
Shanghai Friendess Electronics Tech Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Shanghai Friendess Electronics Tech'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
4.40x
Shanghai Friendess Electronics Tech's market cap is 4.40 times its annual revenue
0.46x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
8.66x
Shanghai Friendess Electronics Tech's market cap is 8.66 times its annual earnings
3.88x
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 | $4.32 Billion | $376.07 Million | $246.31 Million | 11.48x | 17.52x |
| 2020 | $7.27 Billion | $570.83 Million | $370.59 Million | 12.74x | 19.62x |
| 2021 | $10.67 Billion | $913.44 Million | $550.20 Million | 11.68x | 19.40x |
| 2022 | $8.49 Billion | $898.49 Million | $479.52 Million | 9.45x | 17.71x |
| 2023 | $9.96 Billion | $1.41 Billion | $728.91 Million | 7.08x | 13.66x |
| 2024 | $7.64 Billion | $1.74 Billion | $882.71 Million | 4.40x | 8.66x |
Competitor Companies of 688188 by Market Capitalization
Companies near Shanghai Friendess Electronics Tech in the global market cap rankings as of March 18, 2026.
Key companies related to Shanghai Friendess Electronics Tech by market ranking:
- NVIDIA Corporation (NASDAQ:NVDA): Ranked #2 globally with a market cap of $4.27 Trillion USD.
- Taiwan Semiconductor Manufacturing (NYSE:TSM): Ranked #8 globally with a market cap of $1.84 Trillion USD.
- Micron Technology Inc (NASDAQ:MU): Ranked #24 globally with a market cap of $471.24 Billion USD.
- SK Hynix Inc (KO:000660): Ranked #35 globally with a market cap of $360.99 Billion USD ( ₩528.56 Trillion KRW).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #2 | NVIDIA Corporation | NASDAQ:NVDA | $4.27 Trillion | $183.22 |
| #8 | Taiwan Semiconductor Manufacturing | NYSE:TSM | $1.84 Trillion | $340.23 |
| #24 | Micron Technology Inc | NASDAQ:MU | $471.24 Billion | $441.80 |
| #35 | SK Hynix Inc | KO:000660 | $360.99 Billion | ₩974000.00 |
Shanghai Friendess Electronics Tech Historical Marketcap From 2019 to 2026
Between 2019 and today, Shanghai Friendess Electronics Tech's market cap moved from $4.32 Billion to $ 5.87 Billion, with a yearly change of -1.97%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥5.87 Billion | +9.75% |
| 2025 | CN¥5.35 Billion | -30.04% |
| 2024 | CN¥7.64 Billion | -23.25% |
| 2023 | CN¥9.96 Billion | +17.29% |
| 2022 | CN¥8.49 Billion | -20.44% |
| 2021 | CN¥10.67 Billion | +46.76% |
| 2020 | CN¥7.27 Billion | +68.50% |
| 2019 | CN¥4.32 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Shanghai Friendess Electronics Tech was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $5.87 Billion USD |
| MoneyControl | $5.87 Billion USD |
| MarketWatch | $5.87 Billion USD |
| marketcap.company | $5.87 Billion USD |
| Reuters | $5.87 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.