Jiangsu Goodwe Power Supply Technology Co Ltd (SHG:688390) — Market Cap & Net Worth

$3.85 Billion USD  · CN¥26.29 Billion CNY  · Rank #4248

Market Cap & Net Worth: Jiangsu Goodwe Power Supply Technology Co Ltd (688390)

Jiangsu Goodwe Power Supply Technology Co Ltd (SHG:688390) has a market capitalization of $3.85 Billion (CN¥26.29 Billion) as of May 4, 2026. Listed on the SHG stock exchange, this China-based company holds position #4248 globally and #743 in its home market, demonstrating a 17.19% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Jiangsu Goodwe Power Supply Technology Co Ltd's stock price CN¥108.20 by its total outstanding shares 242996473 (243.00 Million). Analyse Jiangsu Goodwe Power Supply Technology C cash conversion from operations to see how efficiently the company converts income to cash.

Jiangsu Goodwe Power Supply Technology Co Ltd Market Cap History: 2020 to 2026

Jiangsu Goodwe Power Supply Technology Co Ltd's market capitalization history from 2020 to 2026. Data shows growth from $4.21 Billion to $3.85 Billion (8.79% CAGR).

Jiangsu Goodwe Power Supply Technology Co Ltd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Jiangsu Goodwe Power Supply Technology 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

0.22x

Jiangsu Goodwe Power Supply Technology Co Ltd's market cap is 0.22 times its annual revenue

Industry average: 1.60x Lower than industry average

Latest 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
2020 $4.21 Billion $1.59 Billion $260.29 Million 2.65x 16.18x
2021 $8.16 Billion $2.68 Billion $279.54 Million 3.05x 29.20x
2022 $8.06 Billion $4.71 Billion $649.29 Million 1.71x 12.42x
2023 $4.59 Billion $7.35 Billion $852.10 Million 0.62x 5.39x
2024 $1.45 Billion $6.74 Billion -$61.81 Million 0.22x N/A

Competitor Companies of 688390 by Market Capitalization

Companies near Jiangsu Goodwe Power Supply Technology Co Ltd in the global market cap rankings as of May 4, 2026.

Key companies related to Jiangsu Goodwe Power Supply Technology Co Ltd by market ranking:

  • Delta Electronics Inc (TW:2308): Ranked #121 globally with a market cap of $177.18 Billion USD ( NT$5.62 Trillion TWD).
  • Amphenol Corporation (NYSE:APH): Ranked #127 globally with a market cap of $174.92 Billion USD.
  • Corning Incorporated (NYSE:GLW): Ranked #209 globally with a market cap of $112.74 Billion USD.
  • Hon Hai Precision Industry Co Ltd (TW:2317): Ranked #258 globally with a market cap of $96.56 Billion USD ( NT$3.06 Trillion TWD).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#121 Delta Electronics Inc TW:2308 $177.18 Billion NT$2165.00
#127 Amphenol Corporation NYSE:APH $174.92 Billion $142.30
#209 Corning Incorporated NYSE:GLW $112.74 Billion $158.26
#258 Hon Hai Precision Industry Co Ltd TW:2317 $96.56 Billion NT$219.50

Jiangsu Goodwe Power Supply Technology Co Ltd Historical Marketcap From 2020 to 2026

Between 2020 and today, Jiangsu Goodwe Power Supply Technology Co Ltd's market cap moved from $4.21 Billion to $ 3.85 Billion, with a yearly change of 8.79%.

Year Market Cap Change (%)
2026 CN¥3.85 Billion +74.15%
2025 CN¥2.21 Billion +51.91%
2024 CN¥1.45 Billion -68.34%
2023 CN¥4.59 Billion -43.02%
2022 CN¥8.06 Billion -1.24%
2021 CN¥8.16 Billion +93.85%
2020 CN¥4.21 Billion --

End of Day Market Cap According to Different Sources

On May 4th, 2026 the market cap of Jiangsu Goodwe Power Supply Technology Co Ltd was reported to be:

Source Market Cap
Yahoo Finance $3.85 Billion USD
MoneyControl $3.85 Billion USD
MarketWatch $3.85 Billion USD
marketcap.company $3.85 Billion USD
Reuters $3.85 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Jiangsu Goodwe Power Supply Technology Co Ltd

SHG:688390 China Electronic Components
Market Cap
$3.85 Billion
CN¥26.29 Billion CNY
Market Cap Rank
#4248 Global
#743 in China
Share Price
CN¥108.20
Change (1 day)
+6.46%
52-Week Range
CN¥38.38 - CN¥108.20
All Time High
CN¥313.36
About

GoodWe Technologies Co., Ltd. engages in the research, manufacture, and sale of photovoltaic (PV) inverters and energy storage solutions in China and internationally. The company provides residential, commercial and industry, utility photovoltaic, photovoltaic building solutions. It offers residential grid-tied inverters, commercial and industry-tied inverters, utility, residential energy storage… Read more