Neway CNC Equipment Suzhou Co Ltd (SHG:688697) — Market Cap & Net Worth
Market Cap & Net Worth: Neway CNC Equipment Suzhou Co Ltd (688697)
Neway CNC Equipment Suzhou Co Ltd (SHG:688697) has a market capitalization of $1.16 Billion (CN¥7.96 Billion) as of May 4, 2026. Listed on the SHG stock exchange, this China-based company holds position #8458 globally and #2186 in its home market, demonstrating a 6.42% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Neway CNC Equipment Suzhou Co Ltd's stock price CN¥17.40 by its total outstanding shares 457333380 (457.33 Million). Analyse cash flow conversion of Neway CNC Equipment Suzhou Co Ltd to see how efficiently the company converts income to cash.
Neway CNC Equipment Suzhou Co Ltd Market Cap History: 2021 to 2026
Neway CNC Equipment Suzhou Co Ltd's market capitalization history from 2021 to 2026. Data shows change from $1.09 Billion to $1.16 Billion (-4.72% CAGR).
Neway CNC Equipment Suzhou Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Neway CNC Equipment Suzhou 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
0.45x
Neway CNC Equipment Suzhou Co Ltd's market cap is 0.45 times its annual revenue
Latest Price to Earnings (P/E) Ratio
3.42x
Neway CNC Equipment Suzhou Co Ltd's market cap is 3.42 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 | $1.09 Billion | $1.71 Billion | $168.54 Million | 0.64x | 6.47x |
| 2022 | $1.50 Billion | $1.85 Billion | $262.23 Million | 0.82x | 5.74x |
| 2023 | $1.26 Billion | $2.32 Billion | $317.65 Million | 0.54x | 3.97x |
| 2024 | $1.11 Billion | $2.46 Billion | $325.16 Million | 0.45x | 3.42x |
Competitor Companies of 688697 by Market Capitalization
Companies near Neway CNC Equipment Suzhou Co Ltd in the global market cap rankings as of May 4, 2026.
Key companies related to Neway CNC Equipment Suzhou 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 |
Neway CNC Equipment Suzhou Co Ltd Historical Marketcap From 2021 to 2026
Between 2021 and today, Neway CNC Equipment Suzhou Co Ltd's market cap moved from $1.09 Billion to $ 1.16 Billion, with a yearly change of -4.72%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.16 Billion | +13.13% |
| 2025 | CN¥1.03 Billion | -7.57% |
| 2024 | CN¥1.11 Billion | -11.63% |
| 2023 | CN¥1.26 Billion | -16.23% |
| 2022 | CN¥1.50 Billion | +37.84% |
| 2021 | CN¥1.09 Billion | -- |
End of Day Market Cap According to Different Sources
On May 4th, 2026 the market cap of Neway CNC Equipment Suzhou Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.16 Billion USD |
| MoneyControl | $1.16 Billion USD |
| MarketWatch | $1.16 Billion USD |
| marketcap.company | $1.16 Billion USD |
| Reuters | $1.16 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Neway CNC Equipment Suzhou Co Ltd
Neway CNC Equipment (Suzhou) Co., Ltd. engages in the research and development, production, and sale of CNC machine tools in China. It offers slant bed, flat bed, and vertical CNC lathes; vertical and horizontal machinery center products; double column machining center products; and CNC boring machines. The company's products are primarily used in automotive, new energy, aviation, engineering mac… Read more