Wetown Electric Group Co Ltd
Wetown Electric Group Co., Ltd. engages in the research, development, production, and sale of electrical products in China and internationally. It provides technical consultation and technical services of high and low voltage busways and complete sets of electrical equipment; other busways, such as wind power, nuclear power, and data center busway; transformers; wire bridges; medium and low volta… Read more
Market Cap & Net Worth: Wetown Electric Group Co Ltd (688226)
Wetown Electric Group Co Ltd (SHG:688226) has a market capitalization of $1.13 Billion (CN¥8.30 Billion) as of March 19, 2026. Listed on the SHG stock exchange, this China-based company holds position #9447 globally and #1940 in its home market, demonstrating a -1.04% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Wetown Electric Group Co Ltd's stock price CN¥43.98 by its total outstanding shares 188775520 (188.78 Million).
Wetown Electric Group Co Ltd Market Cap History: 2021 to 2026
Wetown Electric Group Co Ltd's market capitalization history from 2021 to 2026. Data shows growth from $396.78 Million to $1.13 Billion (20.32% CAGR).
Wetown Electric Group Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Wetown Electric Group 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
0.19x
Wetown Electric Group Co Ltd's market cap is 0.19 times its annual revenue
0.28x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
6.82x
Wetown Electric Group Co Ltd's market cap is 6.82 times its annual earnings
1.62x
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 |
|---|---|---|---|---|---|
| 2021 | $396.78 Million | $1.25 Billion | $59.78 Million | 0.32x | 6.64x |
| 2022 | $662.48 Million | $1.64 Billion | $69.91 Million | 0.40x | 9.48x |
| 2023 | $477.77 Million | $2.85 Billion | $120.46 Million | 0.17x | 3.97x |
| 2024 | $646.55 Million | $3.48 Billion | $94.87 Million | 0.19x | 6.82x |
Competitor Companies of 688226 by Market Capitalization
Companies near Wetown Electric Group Co Ltd in the global market cap rankings as of March 19, 2026.
Key companies related to Wetown Electric Group Co Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #157 globally with a market cap of $118.93 Billion USD ( CN¥872.65 Billion CNY).
- Vertiv Holdings Co (NYSE:VRT): Ranked #225 globally with a market cap of $89.72 Billion USD.
- ABB Ltd (PINK:ABBNY): Ranked #242 globally with a market cap of $85.22 Billion USD.
- VERTIV HOL.CL A DL-0001 (F:49V): Ranked #371 globally with a market cap of $59.06 Billion USD ( €57.54 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #157 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $118.93 Billion | CN¥405.00 |
| #225 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $268.41 |
| #242 | ABB Ltd | PINK:ABBNY | $85.22 Billion | $46.91 |
| #371 | VERTIV HOL.CL A DL-0001 | F:49V | $59.06 Billion | €232.00 |
Wetown Electric Group Co Ltd Historical Marketcap From 2021 to 2026
Between 2021 and today, Wetown Electric Group Co Ltd's market cap moved from $396.78 Million to $ 1.13 Billion, with a yearly change of 20.32%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.13 Billion | +18.54% |
| 2025 | CN¥954.52 Million | +47.63% |
| 2024 | CN¥646.55 Million | +35.33% |
| 2023 | CN¥477.77 Million | -27.88% |
| 2022 | CN¥662.48 Million | +66.96% |
| 2021 | CN¥396.78 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Wetown Electric Group Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.13 Billion USD |
| MoneyControl | $1.13 Billion USD |
| MarketWatch | $1.13 Billion USD |
| marketcap.company | $1.13 Billion USD |
| Reuters | $1.13 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.