Beijing Tongyizhong New Material Technology Corp
Beijing Tongyizhong New Material Technology Corporation engages in the research and development, production, and sale of ultra-high molecular weight polyethylene fibers and composite materials in China and internationally. The company offers ultra-high molecular weight polyethylene fibers for ropes/nets, gloves, ballistics, cut-resistant, fishing lines, and pre-dyed; as well as soft and hard ball… Read more
Market Cap & Net Worth: Beijing Tongyizhong New Material Technology Corp (688722)
Beijing Tongyizhong New Material Technology Corp (SHG:688722) has a market capitalization of $554.84 Million (CN¥4.07 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #13083 globally and #3333 in its home market, demonstrating a -1.09% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Beijing Tongyizhong New Material Technology Corp's stock price CN¥18.12 by its total outstanding shares 224666700 (224.67 Million).
Beijing Tongyizhong New Material Technology Corp Market Cap History: 2021 to 2026
Beijing Tongyizhong New Material Technology Corp's market capitalization history from 2021 to 2026. Data shows growth from $404.31 Million to $554.84 Million (3.24% CAGR).
Beijing Tongyizhong New Material Technology Corp Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Beijing Tongyizhong New Material Technology Corp'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
0.60x
Beijing Tongyizhong New Material Technology Corp's market cap is 0.60 times its annual revenue
0.41x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
3.00x
Beijing Tongyizhong New Material Technology Corp's market cap is 3.00 times its annual earnings
4.69x
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 | $404.31 Million | $330.90 Million | $52.53 Million | 1.22x | 7.70x |
| 2022 | $533.37 Million | $616.35 Million | $171.37 Million | 0.87x | 3.11x |
| 2023 | $464.69 Million | $640.32 Million | $153.62 Million | 0.73x | 3.02x |
| 2024 | $390.41 Million | $649.37 Million | $130.20 Million | 0.60x | 3.00x |
Competitor Companies of 688722 by Market Capitalization
Companies near Beijing Tongyizhong New Material Technology Corp in the global market cap rankings as of March 18, 2026.
Key companies related to Beijing Tongyizhong New Material Technology Corp by market ranking:
- Toray Industries Inc (PINK:TRYIF): Ranked #1725 globally with a market cap of $9.58 Billion USD.
- Shenzhou International Group Holdings Limited (PINK:SHZHY): Ranked #2785 globally with a market cap of $5.00 Billion USD.
- TongKun Group Co Ltd (SHG:601233): Ranked #3308 globally with a market cap of $3.93 Billion USD ( CN¥28.84 Billion CNY).
- Nitto Boseki Co. Ltd (F:NB5): Ranked #3637 globally with a market cap of $3.38 Billion USD ( €3.30 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1725 | Toray Industries Inc | PINK:TRYIF | $9.58 Billion | $6.90 |
| #2785 | Shenzhou International Group Holdings Limited | PINK:SHZHY | $5.00 Billion | $6.30 |
| #3308 | TongKun Group Co Ltd | SHG:601233 | $3.93 Billion | CN¥20.35 |
| #3637 | Nitto Boseki Co. Ltd | F:NB5 | $3.38 Billion | €119.00 |
Beijing Tongyizhong New Material Technology Corp Historical Marketcap From 2021 to 2026
Between 2021 and today, Beijing Tongyizhong New Material Technology Corp's market cap moved from $404.31 Million to $ 554.84 Million, with a yearly change of 3.24%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥554.84 Million | -7.31% |
| 2025 | CN¥598.62 Million | +53.33% |
| 2024 | CN¥390.41 Million | -15.99% |
| 2023 | CN¥464.69 Million | -12.88% |
| 2022 | CN¥533.37 Million | +31.92% |
| 2021 | CN¥404.31 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Beijing Tongyizhong New Material Technology Corp was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $554.84 Million USD |
| MoneyControl | $554.84 Million USD |
| MarketWatch | $554.84 Million USD |
| marketcap.company | $554.84 Million USD |
| Reuters | $554.84 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.