Qingdao Daneng Environmental Protection Equipment Co Ltd
Qingdao Daneng Environmental Protection Equipment Co., Ltd. engages in the design, manufacture, and sale of energy-saving and environmental protection equipment in China. The company provides slag energy saving and environmental protection treatment systems, such as dry slag and wet slag, and CFB boiler slag treatment systems; flue gas energy saving and environmental protection treatment systems;… Read more
Market Cap & Net Worth: Qingdao Daneng Environmental Protection Equipment Co Ltd (688501)
Qingdao Daneng Environmental Protection Equipment Co Ltd (SHG:688501) has a market capitalization of $451.38 Million (CN¥3.31 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #12934 globally and #3261 in its home market, demonstrating a 1.95% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Qingdao Daneng Environmental Protection Equipment Co Ltd's stock price CN¥26.66 by its total outstanding shares 124226000 (124.23 Million).
Qingdao Daneng Environmental Protection Equipment Co Ltd Market Cap History: 2021 to 2026
Qingdao Daneng Environmental Protection Equipment Co Ltd's market capitalization history from 2021 to 2026. Data shows growth from $275.84 Million to $451.38 Million (8.21% CAGR).
Qingdao Daneng Environmental Protection Equipment Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Qingdao Daneng Environmental Protection Equipment 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
0.18x
Qingdao Daneng Environmental Protection Equipment Co Ltd's market cap is 0.18 times its annual revenue
0.92x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
2.55x
Qingdao Daneng Environmental Protection Equipment Co Ltd's market cap is 2.55 times its annual earnings
7.63x
Lower 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 | $275.84 Million | $627.92 Million | $55.89 Million | 0.44x | 4.94x |
| 2022 | $329.07 Million | $762.16 Million | $58.56 Million | 0.43x | 5.62x |
| 2023 | $278.25 Million | $1.03 Billion | $86.68 Million | 0.27x | 3.21x |
| 2024 | $237.54 Million | $1.31 Billion | $92.97 Million | 0.18x | 2.55x |
Competitor Companies of 688501 by Market Capitalization
Companies near Qingdao Daneng Environmental Protection Equipment Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Qingdao Daneng Environmental Protection Equipment Co Ltd by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #66 globally with a market cap of $227.10 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #93 globally with a market cap of $175.49 Billion USD ( €170.96 Billion EUR).
- Siemens AG Class N (PINK:SMAWF): Ranked #113 globally with a market cap of $155.24 Billion USD.
- Eaton Corporation PLC (NYSE:ETN): Ranked #140 globally with a market cap of $133.05 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #66 | GE Vernova LLC | NYSE:GEV | $227.10 Billion | $844.05 |
| #93 | Siemens Aktiengesellschaft | XETRA:SIE | $175.49 Billion | €219.15 |
| #113 | Siemens AG Class N | PINK:SMAWF | $155.24 Billion | $199.00 |
| #140 | Eaton Corporation PLC | NYSE:ETN | $133.05 Billion | $363.95 |
Qingdao Daneng Environmental Protection Equipment Co Ltd Historical Marketcap From 2021 to 2026
Between 2021 and today, Qingdao Daneng Environmental Protection Equipment Co Ltd's market cap moved from $275.84 Million to $ 451.38 Million, with a yearly change of 8.21%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥451.38 Million | +0.87% |
| 2025 | CN¥447.48 Million | +88.38% |
| 2024 | CN¥237.54 Million | -14.63% |
| 2023 | CN¥278.25 Million | -15.44% |
| 2022 | CN¥329.07 Million | +19.29% |
| 2021 | CN¥275.84 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Qingdao Daneng Environmental Protection Equipment Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $451.38 Million USD |
| MoneyControl | $451.38 Million USD |
| MarketWatch | $451.38 Million USD |
| marketcap.company | $451.38 Million USD |
| Reuters | $451.38 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.