Qingdao NovelBeam Technology Co. Ltd. A (SHG:688677) — Market Cap & Net Worth
Market Cap & Net Worth: Qingdao NovelBeam Technology Co. Ltd. A (688677)
Qingdao NovelBeam Technology Co. Ltd. A (SHG:688677) has a market capitalization of $2.09 Billion (CN¥14.27 Billion) as of June 17, 2026. Listed on the SHG stock exchange, this China-based company holds position #6177 globally and #1294 in its home market, demonstrating a 1.07% increase 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¥119.01 by its total outstanding shares 119877000 (119.88 Million). Review Qingdao NovelBeam Technology Co. Ltd. A balance sheet liabilities to assess the company's total debt and financial obligations.
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 $1.14 Billion to $2.09 Billion (23.60% 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
1.26x
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 June 17, 2026.
Key companies related to Qingdao NovelBeam Technology Co. Ltd. A by market ranking:
- Intuitive Surgical Inc (NASDAQ:ISRG): Ranked #161 globally with a market cap of $147.71 Billion USD.
- EssilorLuxottica S. A. (PA:EL): Ranked #255 globally with a market cap of $99.36 Billion USD ( €84.99 Billion EUR).
- ESSILORLUXOTTICA 1/2/O.N. (F:ESLC): Ranked #345 globally with a market cap of $78.07 Billion USD ( €66.78 Billion EUR).
- HOYA CORP. ADR/ 1 O.N. (F:HYB0): Ranked #541 globally with a market cap of $50.37 Billion USD ( €43.09 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #161 | Intuitive Surgical Inc | NASDAQ:ISRG | $147.71 Billion | $417.07 |
| #255 | EssilorLuxottica S. A. | PA:EL | $99.36 Billion | €183.55 |
| #345 | ESSILORLUXOTTICA 1/2/O.N. | F:ESLC | $78.07 Billion | €91.00 |
| #541 | HOYA CORP. ADR/ 1 O.N. | F:HYB0 | $50.37 Billion | €150.00 |
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 $1.14 Billion to $ 2.09 Billion, with a yearly change of 23.60%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥2.09 Billion | +175.74% |
| 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 Jun 17th, 2026 the market cap of Qingdao NovelBeam Technology Co. Ltd. A was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.09 Billion USD |
| MoneyControl | $2.09 Billion USD |
| MarketWatch | $2.09 Billion USD |
| marketcap.company | $2.09 Billion USD |
| Reuters | $2.09 Billion 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