Qingdao NovelBeam Technology Co. Ltd. A Market Cap ($856.04 Million)
Market Cap & Net Worth: Qingdao NovelBeam Technology Co. Ltd. A (688677)
Qingdao NovelBeam Technology Co. Ltd. A market cap. Qingdao NovelBeam Technology Co. Ltd. A (SHG:688677) has a market capitalization of $856.04 Million (CN¥5.85 Billion) as of November 1, 2026. Listed on the SHG stock exchange, this China-based company holds position #9194 globally and #2196 in its home market, demonstrating a -17.29% 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¥48.80 by its total outstanding shares 119877000 (119.88 Million). Also see 688677 cash generation efficiency for how efficiently the company converts equity into cash flow.
Qingdao NovelBeam Technology Co. Ltd. A Market Cap History (2021–2026)
Qingdao NovelBeam Technology Co. Ltd. A market cap history from 2021 to 2026. Data shows growth from $1.14 Billion to $856.04 Million (4.18% CAGR). Check 688677 live share price for real-time trading data and today's change.
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. Explore Qingdao NovelBeam Technology Co. Ltd. A net asset momentum to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
1.26x
Qingdao NovelBeam Technology Co. Ltd. A's market cap is 1.26 times its annual revenue
Latest Price to Earnings (P/E) Ratio
4.41x
Qingdao NovelBeam Technology Co. Ltd. A's market cap is 4.41 times its annual 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 |
|---|---|---|---|---|---|
| 2021 | $1.14 Billion | $309.67 Million | $117.73 Million | 3.68x | 9.69x |
| 2022 | $1.38 Billion | $476.82 Million | $182.57 Million | 2.89x | 7.54x |
| 2023 | $921.41 Million | $470.60 Million | $145.71 Million | 1.96x | 6.32x |
| 2024 | $660.62 Million | $442.83 Million | $135.35 Million | 1.49x | 4.88x |
| 2025 | $757.10 Million | $602.61 Million | $171.60 Million | 1.26x | 4.41x |
Competitor Companies of 688677 by Market Capitalization
Companies near Qingdao NovelBeam Technology Co. Ltd. A in the global market cap rankings as of November 1, 2026. Also see 688677 asset base for a full breakdown of the balance sheet.
Key companies related to Qingdao NovelBeam Technology Co. Ltd. A by market ranking:
- Intuitive Surgical Inc (NASDAQ:ISRG): Ranked #175 globally with a market cap of $132.26 Billion USD.
- EssilorLuxottica S. A. (PA:EL): Ranked #258 globally with a market cap of $99.77 Billion USD ( €85.34 Billion EUR).
- ESSILORLUXOTTICA 1/2/O.N. (F:ESLC): Ranked #421 globally with a market cap of $67.43 Billion USD ( €57.68 Billion EUR).
- HOYA CORP. ADR/ 1 O.N. (F:HYB0): Ranked #536 globally with a market cap of $50.37 Billion USD ( €43.09 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #175 | Intuitive Surgical Inc | NASDAQ:ISRG | $132.26 Billion | $432.01 |
| #258 | EssilorLuxottica S. A. | PA:EL | $99.77 Billion | €184.30 |
| #421 | ESSILORLUXOTTICA 1/2/O.N. | F:ESLC | $67.43 Billion | €87.50 |
| #536 | HOYA CORP. ADR/ 1 O.N. | F:HYB0 | $50.37 Billion | €150.00 |
Market Capitalization of Qingdao NovelBeam Technology Co. Ltd. A (2021–2026)
Market capitalization of Qingdao NovelBeam Technology Co. Ltd. A from 2021 to today. Between 2021 and today, Qingdao NovelBeam Technology Co. Ltd. A's market cap moved from $1.14 Billion to $ 856.04 Million, with a yearly change of 4.18%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥856.04 Million | +13.07% |
| 2025 | CN¥757.10 Million | +14.60% |
| 2024 | CN¥660.62 Million | -28.30% |
| 2023 | CN¥921.41 Million | -33.10% |
| 2022 | CN¥1.38 Billion | +20.73% |
| 2021 | CN¥1.14 Billion | -- |
End of Day Market Cap According to Different Sources
On Nov 1st, 2026 the market cap of Qingdao NovelBeam Technology Co. Ltd. A was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $856.04 Million USD |
| MoneyControl | $856.04 Million USD |
| MarketWatch | $856.04 Million USD |
| marketcap.company | $856.04 Million USD |
| Reuters | $856.04 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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