Suzhou Veichi Electric Co (SHSE:688698) Market Cap: ¥9,723 Mil (As of Jul. 21, 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:688698 Suzhou Veichi Electric Co Ltd SHSE:688698
94 GF Score
Price ¥45.43
GF Value ¥60.15
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Suzhou Veichi Electric Co Market Cap?

Suzhou Veichi Electric Co SHSE:688698 +2.32% 94 Market Cap is ¥9,723 Mil as of Jul. 21, 2026. GuruFocus rates SHSE:688698 with a GF Score™ of 94/100 and a GF Value™ of ¥60.15 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,096 Industrial Products companies, Suzhou Veichi Electric Co ranks better than 82.4% 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). Suzhou Veichi Electric Co's share price for the quarter that ended in Mar. 2026 was ¥66.67. Suzhou Veichi Electric Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 214 Mil. Therefore, Suzhou Veichi Electric Co's market cap for the quarter that ended in Mar. 2026 was ¥14,269 Mil.

Suzhou Veichi Electric Co's quarterly market cap increased from Sep. 2025 (¥20,385 Mil) to Dec. 2025 (¥21,140 Mil) but then declined from Dec. 2025 (¥21,140 Mil) to Mar. 2026 (¥14,269 Mil).

Suzhou Veichi Electric Co's annual market cap increased from Dec. 2023 (¥7,639 Mil) to Dec. 2024 (¥9,301 Mil) and increased from Dec. 2024 (¥9,301 Mil) to Dec. 2025 (¥21,140 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. Suzhou Veichi Electric Co's Enterprise Value for Today is ¥9,345 Mil.


Suzhou Veichi Electric Co  (SHSE:688698) 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.


Suzhou Veichi Electric Co Market Cap Related Terms


Suzhou Veichi Electric Co Market Cap Historical Data

* Premium members only.

The historical data trend for Suzhou Veichi Electric 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.

Suzhou Veichi Electric Co Market Cap Chart

Suzhou Veichi Electric Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only 4,827.60 3,727.80 7,638.71 9,300.50 21,140.05

Suzhou Veichi Electric 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 11,327.59 9,976.90 20,385.35 21,140.05 14,268.91

SHSE:688698 vs GEV, ETN, PH: Market Cap Comparison

For the Specialty Industrial Machinery subindustry, Suzhou Veichi Electric 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.


Suzhou Veichi Electric Co Market Cap vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Veichi Electric Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Suzhou Veichi Electric Co's Market Cap falls into.


SHSE:688698
94GF Score
Suzhou Veichi Electric Co Ltd SHSE:688698
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suzhou Veichi Electric 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.

Suzhou Veichi Electric 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 )
=¥98.88*213.795
=¥21,140

Suzhou Veichi Electric 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 )
=¥66.67*214.023
=¥14,269

* 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 ¥9,723 Mil mean?
Suzhou Veichi Electric Co (SHSE:688698) has a Market Cap of ¥9,723 Mil as of Jul. 21, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Suzhou Veichi Electric Co and its competitors. According to the industry distribution chart, Suzhou Veichi Electric Co ranks #545 out of 3096 companies in the Industrial Products industry, placing it in the top 17.6%.
Is Suzhou Veichi Electric Co's Market Cap too high?
Suzhou Veichi Electric Co's current Market Cap is ¥9,723 Mil. Based on the distribution chart, Suzhou Veichi Electric Co ranks #545 out of 3096 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Suzhou Veichi Electric Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Veichi Electric Co's Market Cap compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Suzhou Veichi Electric Co ranks #545 out of 3096 companies for Market Cap. This places Suzhou Veichi Electric Co in the top 18% of its industry — outperforming the majority of peers. The industry median Market Cap is 258.26. 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 258.26, based on 3,096 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 Suzhou Veichi Electric Co and its competitors. For the Industrial Products industry, the median Market Cap is 258.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzhou Veichi Electric Co's current Market Cap is ¥9,723 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Veichi Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Veichi Electric Co (SHSE:688698) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥60.15, compared to a current price of ¥45.43 — trading 24.5% below its estimated fair value. The current Market Cap is ¥9,723 Mil. Suzhou Veichi Electric Co's overall GF Score™ is 94/100 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 Suzhou Veichi Electric Co (SHSE:688698), the current Market Cap is ¥9,723 Mil as of Jul. 21, 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 Suzhou Veichi Electric Co (SHSE:688698) Overvalued in 2026?

Based on GuruFocus' analysis, Suzhou Veichi Electric Co stock appears to be undervalued. The current stock price of ¥45.43 is trading 24.5% below its estimated GF Value™ of ¥60.15. GuruFocus considers Suzhou Veichi Electric Co to be Modestly Undervalued.

Key valuation signals for SHSE:688698:

  • Market Cap: ¥9,723 Mil
  • GF Value™: ¥60.15 vs. price of ¥45.43 (24.5% below fair value)
  • GF Score™: 94/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suzhou Veichi Electric Co Business Description

Address No. 1000, Songjia Road, Guoxiang Street, Wuzhong Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215000
Suzhou Veichi Electric Co Ltd is engaged in the development, manufacturing and marketing of industrial automation control products. The products include Frequency Inverter, Servo System, Solar Pump Inverter, Automation Equipment and more, mainly serving smart factories, intelligent equipment's, robots, new energy and other applications.
94GF Score

Get the complete analysis for SHSE:688698

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

¥45.43
Price
¥60.15
GF Value