Qingdao NovelBeam Technology Co. Ltd. A
Qingdao NovelBeam Technology Co.,Ltd. engages in the research, development, production, and sales of medical endoscopic instruments and optical products worldwide. The company offers medical device products and components, such as endoscopes, light sources, and camera systems for surgical operations, as well as surgical external vision system, endoscope system, and other complete systems; and opt… Read more
Market Cap & Net Worth: Qingdao NovelBeam Technology Co. Ltd. A (688677)
Qingdao NovelBeam Technology Co. Ltd. A (SHG:688677) has a market capitalization of $646.99 Million (CN¥4.75 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #13533 globally and #3515 in its home market, demonstrating a -2.73% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Qingdao NovelBeam Technology Co. Ltd. A's stock price CN¥39.60 by its total outstanding shares 119877000 (119.88 Million).
Qingdao NovelBeam Technology Co. Ltd. A Market Cap History: 2021 to 2026
Qingdao NovelBeam Technology Co. Ltd. A's market capitalization history from 2021 to 2026. Data shows growth from $1.06 Billion to $646.99 Million (0.47% CAGR).
Qingdao NovelBeam Technology Co. Ltd. A Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Qingdao NovelBeam Technology Co. Ltd. A'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
1.39x
Qingdao NovelBeam Technology Co. Ltd. A's market cap is 1.39 times its annual revenue
169.90x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
4.55x
Qingdao NovelBeam Technology Co. Ltd. A's market cap is 4.55 times its annual earnings
841.57x
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 | $1.06 Billion | $309.67 Million | $117.73 Million | 3.43x | 9.03x |
| 2022 | $1.28 Billion | $476.82 Million | $182.57 Million | 2.69x | 7.03x |
| 2023 | $858.19 Million | $470.60 Million | $145.71 Million | 1.82x | 5.89x |
| 2024 | $615.30 Million | $442.83 Million | $135.35 Million | 1.39x | 4.55x |
Competitor Companies of 688677 by Market Capitalization
Companies near Qingdao NovelBeam Technology Co. Ltd. A in the global market cap rankings as of March 18, 2026.
Key companies related to Qingdao NovelBeam Technology Co. Ltd. A by market ranking:
- Intuitive Surgical Inc (NASDAQ:ISRG): Ranked #99 globally with a market cap of $170.64 Billion USD.
- EssilorLuxottica Société anonyme (PINK:ESLOF): Ranked #263 globally with a market cap of $78.22 Billion USD.
- EssilorLuxottica S. A. (PA:EL): Ranked #355 globally with a market cap of $61.46 Billion USD ( €59.87 Billion EUR).
- Becton Dickinson and Company (NYSE:BDX): Ranked #472 globally with a market cap of $45.52 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #99 | Intuitive Surgical Inc | NASDAQ:ISRG | $170.64 Billion | $483.46 |
| #263 | EssilorLuxottica Société anonyme | PINK:ESLOF | $78.22 Billion | $265.00 |
| #355 | EssilorLuxottica S. A. | PA:EL | $61.46 Billion | €203.90 |
| #472 | Becton Dickinson and Company | NYSE:BDX | $45.52 Billion | $160.27 |
Qingdao NovelBeam Technology Co. Ltd. A Historical Marketcap From 2021 to 2026
Between 2021 and today, Qingdao NovelBeam Technology Co. Ltd. A's market cap moved from $1.06 Billion to $ 646.99 Million, with a yearly change of 0.47%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥646.99 Million | -8.25% |
| 2025 | CN¥705.15 Million | +14.60% |
| 2024 | CN¥615.30 Million | -28.30% |
| 2023 | CN¥858.19 Million | -33.10% |
| 2022 | CN¥1.28 Billion | +20.73% |
| 2021 | CN¥1.06 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Qingdao NovelBeam Technology Co. Ltd. A was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $646.99 Million USD |
| MoneyControl | $646.99 Million USD |
| MarketWatch | $646.99 Million USD |
| marketcap.company | $646.99 Million USD |
| Reuters | $646.99 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.