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.
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.
Wave Cyber (Shanghai) Co's quarterly market cap
declined
from Sep. 2025 (¥2,606.3 Mil) to Dec. 2025 (¥2,272.7 Mil) but then
increased
from Dec. 2025 (¥2,272.7 Mil) to Mar. 2026 (¥2,571.6 Mil).
Wave Cyber (Shanghai) Co's annual market cap
declined
from Dec. 2023 (¥2,595.9 Mil) to Dec. 2024 (¥1,737.5 Mil) but then
increased
from Dec. 2024 (¥1,737.5 Mil) to Dec. 2025 (¥2,272.7 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. Wave Cyber (Shanghai) Co's Enterprise Value for Today is ¥2,089.4 Mil.
Wave Cyber (Shanghai) Co (SHSE:688718) 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.
Wave Cyber (Shanghai) Co Market Cap Related Terms
Wave Cyber (Shanghai) 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.
SHSE:688718 vs WM, RSG, WCN: Market Cap Comparison
For the Waste Management subindustry, Wave Cyber (Shanghai) 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.
Wave Cyber (Shanghai) Co Market Cap vs Waste Management Industry
For the Waste Management industry and Industrials sector, Wave Cyber (Shanghai) Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Wave Cyber (Shanghai) 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.
Wave Cyber (Shanghai) 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.
Wave Cyber (Shanghai) Co (SHSE:688718) has a Market Cap of ¥2,166.7 Mil as of Jul. 19, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Wave Cyber (Shanghai) Co and its competitors. According to the industry distribution chart, Wave Cyber (Shanghai) Co ranks #80 out of 250 companies in the Waste Management industry, placing it in the top 32%.
Is Wave Cyber (Shanghai) Co's Market Cap too high?
Wave Cyber (Shanghai) Co's current Market Cap is ¥2,166.7 Mil. Based on the distribution chart, Wave Cyber (Shanghai) Co ranks #80 out of 250 companies in the Waste Management industry, which is above the industry midpoint. Overall, Wave Cyber (Shanghai) Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wave Cyber (Shanghai) Co's Market Cap compare to WM and RSG?
According to the Waste Management industry distribution chart, Wave Cyber (Shanghai) Co ranks #80 out of 250 companies for Market Cap. This puts Wave Cyber (Shanghai) Co in the upper half of its industry. The industry median Market Cap is 87.66. 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 Waste Management company?
The median Market Cap among Waste Management companies is 87.66, based on 250 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 Wave Cyber (Shanghai) Co and its competitors. For the Waste Management industry, the median Market Cap is 87.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wave Cyber (Shanghai) Co's current Market Cap is ¥2,166.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Cyber (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Wave Cyber (Shanghai) Co (SHSE:688718) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.02, compared to a current price of ¥12.47 — trading 17% below its estimated fair value. The current Market Cap is ¥2,166.7 Mil. Wave Cyber (Shanghai) Co's overall GF Score™ is 83/100 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 Wave Cyber (Shanghai) Co (SHSE:688718), the current Market Cap is ¥2,166.7 Mil as of Jul. 19, 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 Wave Cyber (Shanghai) Co (SHSE:688718) Overvalued in 2026?
Based on GuruFocus' analysis, Wave Cyber (Shanghai) Co stock appears to be undervalued.
The current stock price of ¥12.47 is trading 17% below its estimated GF Value™ of ¥15.02.
GuruFocus considers Wave Cyber (Shanghai) Co to be Modestly Undervalued.
Key valuation signals for SHSE:688718:
Market Cap: ¥2,166.7 Mil
GF Value™: ¥15.02 vs. price of ¥12.47 (17% below fair value)
No single metric tells the full story. See the SHSE:688718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wave Cyber (Shanghai) Co Ltd is a manufacturer of components for the residential, commercial, industrial and municipal water treatment industries. The products include full lines of fiberglass pressure tanks, brine tanks/cabinets, membrane pressure vessels and others.
83GF Score
Get the complete analysis for SHSE:688718
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:688718 has been successfully added to your 
