Hengwei Technology (603496, SSE) is a China company in the Networking & Switching segment of the AI compute value chain. As of October 04, 2026, its market cap is $1.0 billion ($1.0B), ranking #236 of 244 companies overall and #12 of 12 in the Networking & Switching segment (0.1% of the segment, 0.00% of the chain). Over the past year the stock lost 21.3% (52-week range 21.41 – 38.47 CNY).
| Company | Hengwei Technology（恒为科技） |
|---|---|
| Ticker | 603496 · SSE |
| Segment | Networking & Switching |
| Headquarters | China |
| Market cap | $1.0B（$1.0 billion） |
| Close | 21.97 CNY (October 04, 2026) |
| Today | +0.00% |
| 30 days | -14.13% |
| 1 year | -21.25% |
| 52-wk high / low | 38.47 / 21.41 CNY |
| Share of segment | 0.1% (Networking & Switching: 12 companies) |
| Share of chain | 0.00% (244 companies combined) |
| Segment leader | Cisco Systems ($442.4B) |
| Net income (TTM) | $5.8 million |
|---|---|
| P/E ratio (TTM) | 179.5 |
| P/B ratio | 5.02 |
| Basis | PE/PB 腾讯行情；净利润=总市值÷PE 推算（TTM） (source: tencent, 2026-10-05 08:05) |
| # | Company | Market | Market cap |
|---|---|---|---|
| 1 | Cisco Systems CSCO | US | $442.4B |
| 2 | Arista Networks ANET | US | $261.5B |
| 3 | Nokia NOK | US | $59.3B |
| 4 | Ciena Corporation CIEN | US | $55.5B |
| 5 | Ericsson ERIC | US | $30.3B |
| 6 | ZTE 000063 | SZ | $21.8B |
| 7 | Centec Networks 688702 | SH | $17.4B |
| 8 | Ruijie Networks 301165 | SZ | $16.7B |
| 9 | Unisplendour 000938 | SZ | $13.2B |
| 12 | Hengwei Technology 603496 | SH | $1.0B |
| 10 | Fujian Star-net Communication 002396 | SZ | $3.7B |