Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Tongwei Co's share price for the quarter that ended in Mar. 2026 was ¥16.52. Tongwei Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 4,502 Mil. Therefore, Tongwei Co's market cap for the quarter that ended in Mar. 2026 was ¥74,373 Mil.
Tongwei Co's quarterly market cap
declined
from Sep. 2025 (¥100,349 Mil) to Dec. 2025 (¥92,381 Mil) and
declined
from Dec. 2025 (¥92,381 Mil) to Mar. 2026 (¥74,373 Mil).
Tongwei Co's annual market cap
declined
from Dec. 2023 (¥112,684 Mil) to Dec. 2024 (¥99,539 Mil) and
declined
from Dec. 2024 (¥99,539 Mil) to Dec. 2025 (¥92,381 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Tongwei Co's Enterprise Value for Today is ¥129,194 Mil.
Tongwei Co (SHSE:600438) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Tongwei Co Market Cap Related Terms
Tongwei Co Market Cap Historical Data
* Premium members only.
The historical data trend for Tongwei Co's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SHSE:600438 vs FSLR, NXT, ENPH: Market Cap Comparison
For the Solar subindustry, Tongwei Co's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tongwei Co Market Cap vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Tongwei Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Tongwei Co's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Tongwei Co's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tongwei Co (SHSE:600438) has a Market Cap of ¥51,143 Mil as of Jul. 12, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Tongwei Co and its competitors. According to the industry distribution chart, Tongwei Co ranks #149 out of 1033 companies in the Semiconductors industry, placing it in the top 14.4%.
Is Tongwei Co's Market Cap too high?
Tongwei Co's current Market Cap is ¥51,143 Mil. Based on the distribution chart, Tongwei Co ranks #149 out of 1033 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Tongwei Co has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tongwei Co's Market Cap compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Tongwei Co ranks #149 out of 1033 companies for Market Cap. This places Tongwei Co in the top 14% of its industry — outperforming the majority of peers. The industry median Market Cap is 525.03. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Semiconductors company?
The median Market Cap among Semiconductors companies is 525.03, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Tongwei Co and its competitors. For the Semiconductors industry, the median Market Cap is 525.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongwei Co's current Market Cap is ¥51,143 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongwei Co stock overvalued right now?
Based on GuruFocus' analysis, Tongwei Co (SHSE:600438) is currently considered Possible Value Trap. The stock's GF Value™ is ¥18.39, compared to a current price of ¥11.36 — trading 38.2% below its estimated fair value. The current Market Cap is ¥51,143 Mil. Tongwei Co's overall GF Score™ is 57/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Tongwei Co (SHSE:600438), the current Market Cap is ¥51,143 Mil as of Jul. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tongwei Co (SHSE:600438) Overvalued in 2026?
Based on GuruFocus' analysis, Tongwei Co stock appears to be undervalued.
The current stock price of ¥11.36 is trading 38.2% below its estimated GF Value™ of ¥18.39.
GuruFocus considers Tongwei Co to be Possible Value Trap.
Key valuation signals for SHSE:600438:
Market Cap: ¥51,143 Mil
GF Value™: ¥18.39 vs. price of ¥11.36 (38.2% below fair value)
No single metric tells the full story. See the SHSE:600438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tongwei is the world's largest polysilicon producer and a leading solar cell and module supplier. The solar business contributed more than 60% of revenue in 2025. In addition, Tongwei runs a feed and food business, which made up 35% of revenue in 2025.
57GF Score
Get the complete analysis for SHSE:600438
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600438 has been successfully added to your 
