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Ningbo Water Meter (Group) Co's quarterly market cap
increased
from Sep. 2025 (¥2,380 Mil) to Dec. 2025 (¥2,717 Mil) but then
declined
from Dec. 2025 (¥2,717 Mil) to Mar. 2026 (¥2,647 Mil).
Ningbo Water Meter (Group) Co's annual market cap
declined
from Dec. 2023 (¥2,900 Mil) to Dec. 2024 (¥2,034 Mil) but then
increased
from Dec. 2024 (¥2,034 Mil) to Dec. 2025 (¥2,717 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. Ningbo Water Meter (Group) Co's Enterprise Value for Today is ¥2,065 Mil.
Ningbo Water Meter (Group) Co (SHSE:603700) 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.
Ningbo Water Meter (Group) Co Market Cap Related Terms
Ningbo Water Meter (Group) Co Market Cap Historical Data
* 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.
For the Electrical Equipment & Parts subindustry, Ningbo Water Meter (Group) 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.
Ningbo Water Meter (Group) Co Market Cap vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ningbo Water Meter (Group) Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Ningbo Water Meter (Group) Co's Market Cap falls into.
Ningbo Water Meter (Group) Co Market Cap Calculation
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.
* 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.
Ningbo Water Meter (Group) Co (SHSE:603700) has a Market Cap of ¥2,212 Mil as of Aug. 01, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Ningbo Water Meter (Group) Co and its competitors. According to the industry distribution chart, Ningbo Water Meter (Group) Co ranks #1416 out of 3100 companies in the Industrial Products industry, placing it in the top 45.7%.
Is Ningbo Water Meter (Group) Co's Market Cap too high?
Ningbo Water Meter (Group) Co's current Market Cap is ¥2,212 Mil. Based on the distribution chart, Ningbo Water Meter (Group) Co ranks #1416 out of 3100 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ningbo Water Meter (Group) Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Water Meter (Group) Co's Market Cap compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ningbo Water Meter (Group) Co ranks #1416 out of 3100 companies for Market Cap. This puts Ningbo Water Meter (Group) Co in the upper half of its industry. The industry median Market Cap is 259.23. 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 an Industrial Products company?
The median Market Cap among Industrial Products companies is 259.23, based on 3,100 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 Ningbo Water Meter (Group) Co and its competitors. For the Industrial Products industry, the median Market Cap is 259.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Water Meter (Group) Co's current Market Cap is ¥2,212 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Water Meter (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Water Meter (Group) Co (SHSE:603700) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.24, compared to a current price of ¥11.06 — trading 22.3% below its estimated fair value. The current Market Cap is ¥2,212 Mil. Ningbo Water Meter (Group) Co's overall GF Score™ is 71/100 with 3 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 Ningbo Water Meter (Group) Co (SHSE:603700), the current Market Cap is ¥2,212 Mil as of Aug. 01, 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 Ningbo Water Meter (Group) Co (SHSE:603700) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Water Meter (Group) Co stock appears to be undervalued.
The current stock price of ¥11.06 is trading 22.3% below its estimated GF Value™ of ¥14.24.
GuruFocus considers Ningbo Water Meter (Group) Co to be Modestly Undervalued.
Key valuation signals for SHSE:603700:
Market Cap: ¥2,212 Mil
GF Value™: ¥14.24 vs. price of ¥11.06 (22.3% below fair value)
No single metric tells the full story. See the SHSE:603700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Water Meter (Group) Co Ltd is engaged in manufacturing water meters. The product portfolio includes liquid sealed water meters, volumetric rotary piston water meter, manual batch control water meter, multi-jet dry type water meter and others.
71GF Score
Get the complete analysis for SHSE:603700
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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