China National Electric Apparatus Research Institute Co (SHSE:688128) Market Cap: ¥9,093 Mil (As of Jul. 30, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688128 China National Electric Apparatus Research Institute Co Ltd SHSE:688128
89 GF Score
Price ¥22.48
GF Value ¥25.01
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is China National Electric Apparatus Research Institute Co Market Cap?

China National Electric Apparatus Research Institute Co SHSE:688128 +2.09% 89 Market Cap is ¥9,093 Mil as of Jul. 30, 2026. GuruFocus rates SHSE:688128 with a GF Score™ of 89/100 and a GF Value™ of ¥25.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,100 Industrial Products companies, China National Electric Apparatus Research Institute Co ranks better than 81.48% on this metric.

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). China National Electric Apparatus Research Institute Co's share price for the quarter that ended in Mar. 2026 was ¥24.74. China National Electric Apparatus Research Institute Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 405 Mil. Therefore, China National Electric Apparatus Research Institute Co's market cap for the quarter that ended in Mar. 2026 was ¥10,007 Mil.

China National Electric Apparatus Research Institute Co's quarterly market cap declined from Sep. 2025 (¥12,798 Mil) to Dec. 2025 (¥11,763 Mil) and declined from Dec. 2025 (¥11,763 Mil) to Mar. 2026 (¥10,007 Mil).

China National Electric Apparatus Research Institute Co's annual market cap increased from Dec. 2023 (¥8,300 Mil) to Dec. 2024 (¥8,499 Mil) and increased from Dec. 2024 (¥8,499 Mil) to Dec. 2025 (¥11,763 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. China National Electric Apparatus Research Institute Co's Enterprise Value for Today is ¥8,078 Mil.


China National Electric Apparatus Research Institute Co  (SHSE:688128) 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 company’s 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.


China National Electric Apparatus Research Institute Co Market Cap Related Terms


China National Electric Apparatus Research Institute Co Market Cap Historical Data

* Premium members only.

The historical data trend for China National Electric Apparatus Research Institute 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.

China National Electric Apparatus Research Institute Co Market Cap Chart

China National Electric Apparatus Research Institute Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,957.02 6,908.86 8,300.34 8,498.55 11,762.86

China National Electric Apparatus Research Institute Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,008.22 9,910.25 12,798.38 11,762.86 10,007.33

SHSE:688128 vs VRT, BE: Market Cap Comparison

For the Electrical Equipment & Parts subindustry, China National Electric Apparatus Research Institute 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.


China National Electric Apparatus Research Institute Co Market Cap vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, China National Electric Apparatus Research Institute Co's Market Cap distribution charts can be found below:

* The bar in red indicates where China National Electric Apparatus Research Institute Co's Market Cap falls into.


SHSE:688128
89GF Score
China National Electric Apparatus Research Institute Co Ltd SHSE:688128
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China National Electric Apparatus Research Institute 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.

China National Electric Apparatus Research Institute Co's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=¥29.08*404.500
=¥11,763

China National Electric Apparatus Research Institute Co's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=¥24.74*404.500
=¥10,007

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of ¥9,093 Mil mean?
China National Electric Apparatus Research Institute Co (SHSE:688128) has a Market Cap of ¥9,093 Mil as of Jul. 30, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on China National Electric Apparatus Research Institute Co and its competitors. According to the industry distribution chart, China National Electric Apparatus Research Institute Co ranks #574 out of 3100 companies in the Industrial Products industry, placing it in the top 18.5%.
Is China National Electric Apparatus Research Institute Co's Market Cap too high?
China National Electric Apparatus Research Institute Co's current Market Cap is ¥9,093 Mil. Based on the distribution chart, China National Electric Apparatus Research Institute Co ranks #574 out of 3100 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, China National Electric Apparatus Research Institute Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China National Electric Apparatus Research Institute Co's Market Cap compare to VRT and BE?
According to the Industrial Products industry distribution chart, China National Electric Apparatus Research Institute Co ranks #574 out of 3100 companies for Market Cap. This places China National Electric Apparatus Research Institute Co in the top 19% of its industry — outperforming the majority of peers. The industry median Market Cap is 255.01. 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 255.01, 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 China National Electric Apparatus Research Institute Co and its competitors. For the Industrial Products industry, the median Market Cap is 255.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China National Electric Apparatus Research Institute Co's current Market Cap is ¥9,093 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China National Electric Apparatus Research Institute Co stock overvalued right now?
Based on GuruFocus' analysis, China National Electric Apparatus Research Institute Co (SHSE:688128) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥25.01, compared to a current price of ¥22.48 — trading 10.1% below its estimated fair value. The current Market Cap is ¥9,093 Mil. China National Electric Apparatus Research Institute Co's overall GF Score™ is 89/100 with 4 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 China National Electric Apparatus Research Institute Co (SHSE:688128), the current Market Cap is ¥9,093 Mil as of Jul. 30, 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 China National Electric Apparatus Research Institute Co (SHSE:688128) Overvalued in 2026?

Based on GuruFocus' analysis, China National Electric Apparatus Research Institute Co stock appears to be undervalued. The current stock price of ¥22.48 is trading 10.1% below its estimated GF Value™ of ¥25.01. GuruFocus considers China National Electric Apparatus Research Institute Co to be Modestly Undervalued.

Key valuation signals for SHSE:688128:

  • Market Cap: ¥9,093 Mil
  • GF Value™: ¥25.01 vs. price of ¥22.48 (10.1% below fair value)
  • GF Score™: 89/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688128 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China National Electric Apparatus Research Institute Co Business Description

Address No. 204, Xingang West Road, Building 1, Haizhu District, Guangdong, Guangzhou, CHN, 510399
China National Electric Apparatus Research Institute Co Ltd is a national innovative science-and-technology enterprise. It is characterized with an integration of three core business sectors namely scientific research and development, science and technology service, as well as science and technology industry.
89GF Score

Get the complete analysis for SHSE:688128

Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥22.48
Price
¥25.01
GF Value