Qingdao Gaoce Technology Co Ltd (SHG:688556) — Market Cap & Net Worth
Market Cap & Net Worth: Qingdao Gaoce Technology Co Ltd (688556)
Qingdao Gaoce Technology Co Ltd (SHG:688556) has a market capitalization of $1.63 Billion (CN¥11.11 Billion) as of May 4, 2026. Listed on the SHG stock exchange, this China-based company holds position #7051 globally and #1647 in its home market, demonstrating a -5.11% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Qingdao Gaoce Technology Co Ltd's stock price CN¥13.37 by its total outstanding shares 830773934 (830.77 Million). Analyse 688556 cash flow metrics to see how efficiently the company converts income to cash.
Qingdao Gaoce Technology Co Ltd Market Cap History: 2020 to 2026
Qingdao Gaoce Technology Co Ltd's market capitalization history from 2020 to 2026. Data shows change from $997.27 Million to $1.63 Billion (-1.30% CAGR).
Qingdao Gaoce Technology Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Qingdao Gaoce 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
0.30x
Qingdao Gaoce Technology Co Ltd's market cap is 0.30 times its annual revenue
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 | $997.27 Million | $746.10 Million | $58.86 Million | 1.34x | 16.94x |
| 2021 | $2.42 Billion | $1.57 Billion | $172.69 Million | 1.55x | 14.04x |
| 2022 | $3.78 Billion | $3.57 Billion | $788.61 Million | 1.06x | 4.80x |
| 2023 | $2.84 Billion | $6.18 Billion | $1.46 Billion | 0.46x | 1.94x |
| 2024 | $1.36 Billion | $4.47 Billion | -$44.23 Million | 0.30x | N/A |
Competitor Companies of 688556 by Market Capitalization
Companies near Qingdao Gaoce Technology Co Ltd in the global market cap rankings as of May 4, 2026.
Key companies related to Qingdao Gaoce Technology Co Ltd by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #82 globally with a market cap of $229.98 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #113 globally with a market cap of $184.02 Billion USD ( €157.40 Billion EUR).
- SIEMENS AG SP. ADR 1/ 1/2 (F:SIEB): Ranked #119 globally with a market cap of $177.31 Billion USD ( €151.67 Billion EUR).
- Schneider Electric S.E. (PA:SU): Ranked #156 globally with a market cap of $143.23 Billion USD ( €122.51 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #82 | GE Vernova LLC | NYSE:GEV | $229.98 Billion | $1062.95 |
| #113 | Siemens Aktiengesellschaft | XETRA:SIE | $184.02 Billion | €252.55 |
| #119 | SIEMENS AG SP. ADR 1/ 1/2 | F:SIEB | $177.31 Billion | €119.00 |
| #156 | Schneider Electric S.E. | PA:SU | $143.23 Billion | €268.60 |
Qingdao Gaoce Technology Co Ltd Historical Marketcap From 2020 to 2026
Between 2020 and today, Qingdao Gaoce Technology Co Ltd's market cap moved from $997.27 Million to $ 1.63 Billion, with a yearly change of -1.30%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.63 Billion | +17.08% |
| 2025 | CN¥1.39 Billion | +2.15% |
| 2024 | CN¥1.36 Billion | -52.10% |
| 2023 | CN¥2.84 Billion | -24.96% |
| 2022 | CN¥3.78 Billion | +56.01% |
| 2021 | CN¥2.42 Billion | +143.07% |
| 2020 | CN¥997.27 Million | -- |
End of Day Market Cap According to Different Sources
On May 4th, 2026 the market cap of Qingdao Gaoce Technology Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.63 Billion USD |
| MoneyControl | $1.63 Billion USD |
| MarketWatch | $1.63 Billion USD |
| marketcap.company | $1.63 Billion USD |
| Reuters | $1.63 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Qingdao Gaoce Technology Co Ltd
Qingdao Gaoce Technology Co., Ltd engages in the research, development, manufacture, and sale of cutting equipment for hard and brittle materials and cutting tools in China. The company offers photovoltaic cutting equipment, such as loop cutting machine, single crystal cutting machine, grinding and polishing machine, cutting and grinding machine, edge leather processing solutions, diamond wire sl… Read more