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

$2.15 Billion USD  · CN¥14.67 Billion CNY  · Rank #5939

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 $2.15 Billion (CN¥14.67 Billion) as of September 20, 2026. Listed on the SHG stock exchange, this China-based company holds position #5939 globally and #1133 in its home market, demonstrating a 2.13% 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¥60.34 by its total outstanding shares 243123131 (243.12 Million). Also see balance sheet size of Jiangsu Goodwe Power Supply Technology C for a full breakdown of the balance sheet.

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 change from $4.21 Billion to $2.15 Billion (-1.77% CAGR). Also see 688390 cash generation efficiency for how efficiently the company converts equity into cash flow.

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. Check Jiangsu Goodwe Power Supply Technology C share price for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

0.25x

Jiangsu Goodwe Power Supply Technology Co Ltd's market cap is 0.25 times its annual revenue

Industry average: 0.67x Lower than industry average

Latest Price to Earnings (P/E) Ratio

16.25x

Jiangsu Goodwe Power Supply Technology Co Ltd's market cap is 16.25 times its annual earnings

Industry average: 57.84x Lower than industry average

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 16.19x
2021 $8.17 Billion $2.68 Billion $279.54 Million 3.05x 29.22x
2022 $8.07 Billion $4.71 Billion $649.29 Million 1.71x 12.42x
2023 $4.60 Billion $7.35 Billion $852.10 Million 0.63x 5.39x
2024 $1.46 Billion $6.74 Billion -$61.81 Million 0.22x N/A
2025 $2.21 Billion $8.89 Billion $136.06 Million 0.25x 16.25x

Competitor Companies of 688390 by Market Capitalization

Companies near Jiangsu Goodwe Power Supply Technology Co Ltd in the global market cap rankings as of September 20, 2026. Review Jiangsu Goodwe Power Supply Technology C tangible equity quality to assess the quality of the company's equity after excluding intangible assets.

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

  • Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #110 globally with a market cap of $194.78 Billion USD ( CN¥1.33 Trillion CNY).
  • ABB Ltd (SW:ABBN): Ranked #193 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
  • Vertiv Holdings Co (NYSE:VRT): Ranked #266 globally with a market cap of $96.01 Billion USD.
  • Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #282 globally with a market cap of $93.70 Billion USD ( ฿3.01 Trillion THB).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#110 Contemporary Amperex Technology Co Ltd Class A SHE:300750 $194.78 Billion CN¥301.95
#193 ABB Ltd SW:ABBN $127.26 Billion CHF80.02
#266 Vertiv Holdings Co NYSE:VRT $96.01 Billion $249.39
#282 Delta Electronics (Thailand) Public Company Limited BK:DELTA $93.70 Billion ฿241.00

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 $ 2.15 Billion, with a yearly change of -1.77%.

Year Market Cap Change (%)
2026 CN¥2.15 Billion -2.88%
2025 CN¥2.21 Billion +51.91%
2024 CN¥1.46 Billion -68.34%
2023 CN¥4.60 Billion -43.02%
2022 CN¥8.07 Billion -1.24%
2021 CN¥8.17 Billion +93.85%
2020 CN¥4.21 Billion --

End of Day Market Cap According to Different Sources

On Sep 20th, 2026 the market cap of Jiangsu Goodwe Power Supply Technology Co Ltd was reported to be:

Source Market Cap
Yahoo Finance $2.15 Billion USD
MoneyControl $2.15 Billion USD
MarketWatch $2.15 Billion USD
marketcap.company $2.15 Billion USD
Reuters $2.15 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 Electrical Equipment & Parts
Market Cap
$2.15 Billion
CN¥14.67 Billion CNY
Market Cap Rank
#5939 Global
#1133 in China
Share Price
CN¥60.34
Change (1 day)
+2.92%
52-Week Range
CN¥51.75 - CN¥149.17
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; residential systems; and heat pump products. It also offers residential grid-tied inverters, commercial and industry-t… Read more