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MeiG Smart Technology Co., LtdSZSE:002881 Stock Report

Market Cap CN¥12.8b
Share Price
CN¥45.58
CN¥43.64
4.4% overvalued intrinsic discount
1Y6.0%
7D0.7%
1D
Portfolio Value
View

MeiG Smart Technology Co., Ltd

SZSE:002881 Stock Report

Market Cap: CN¥12.8b

MeiG Smart Technology (002881) Stock Overview

Engages in the research and development, production, and sale of wireless communication modules and Internet of Things solutions in China and internationally. More details

002881 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance2/6
Financial Health4/6
Dividends1/6

002881 Community Fair Values

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MeiG Smart Technology Co., Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for MeiG Smart Technology
Historical stock prices
Current Share PriceCN¥45.58
52 Week HighCN¥61.75
52 Week LowCN¥35.62
Beta0.56
1 Month Change16.66%
3 Month Change-0.61%
1 Year Change5.95%
3 Year Change26.86%
5 Year Change125.73%
Change since IPO680.87%

Recent News & Updates

Recent updates

Analysis Article Jan 31

MeiG Smart Technology Co., Ltd's (SZSE:002881) Price Is Right But Growth Is Lacking After Shares Rocket 34%

Despite an already strong run, MeiG Smart Technology Co., Ltd ( SZSE:002881 ) shares have been powering on, with a gain...
Analysis Article Jan 20

MeiG Smart Technology (SZSE:002881) Has Some Way To Go To Become A Multi-Bagger

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Analysis Article Dec 17

Improved Revenues Required Before MeiG Smart Technology Co., Ltd (SZSE:002881) Shares Find Their Feet

MeiG Smart Technology Co., Ltd's ( SZSE:002881 ) price-to-sales (or "P/S") ratio of 2.5x might make it look like a...
Analysis Article Nov 07

We Think You Should Be Aware Of Some Concerning Factors In MeiG Smart Technology's (SZSE:002881) Earnings

MeiG Smart Technology Co., Ltd's ( SZSE:002881 ) robust recent earnings didn't do much to move the stock. We believe...
Analysis Article Sep 03

MeiG Smart Technology (SZSE:002881) Takes On Some Risk With Its Use Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Aug 16

MeiG Smart Technology Co., Ltd's (SZSE:002881) Low P/S No Reason For Excitement

You may think that with a price-to-sales (or "P/S") ratio of 2.3x MeiG Smart Technology Co., Ltd ( SZSE:002881 ) is a...
Analysis Article Jun 10

Returns On Capital At MeiG Smart Technology (SZSE:002881) Paint A Concerning Picture

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article May 23

MeiG Smart Technology (SZSE:002881) Has Affirmed Its Dividend Of CN¥0.10

The board of MeiG Smart Technology Co., Ltd ( SZSE:002881 ) has announced that it will pay a dividend of CN¥0.10 per...
Analysis Article May 03

Analysts Just Shaved Their MeiG Smart Technology Co., Ltd (SZSE:002881) Forecasts Dramatically

Today is shaping up negative for MeiG Smart Technology Co., Ltd ( SZSE:002881 ) shareholders, with the analysts...
Analysis Article Apr 17

MeiG Smart Technology Co., Ltd (SZSE:002881) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless

MeiG Smart Technology Co., Ltd ( SZSE:002881 ) shares have had a horrible month, losing 25% after a relatively good...
Analysis Article Mar 25

Is MeiG Smart Technology (SZSE:002881) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Feb 28

MeiG Smart Technology Co., Ltd (SZSE:002881) Not Flying Under The Radar

MeiG Smart Technology Co., Ltd's ( SZSE:002881 ) price-to-earnings (or "P/E") ratio of 79.9x might make it look like a...

Shareholder Returns

002881CN CommunicationsCN Market
7D0.7%3.9%-1.8%
1Y6.0%195.7%32.7%

Return vs Industry: 002881 underperformed the CN Communications industry which returned 195.7% over the past year.

Return vs Market: 002881 underperformed the CN Market which returned 32.7% over the past year.

Price Volatility

Is 002881's price volatile compared to industry and market?
002881 volatility
002881 Average Weekly Movement7.7%
Communications Industry Average Movement7.5%
Market Average Movement6.6%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market4.3%

Stable Share Price: 002881 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002881's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007983Ping Wangwww.meigsmart.com

MeiG Smart Technology Co., Ltd. engages in the research and development, production, and sale of wireless communication modules and Internet of Things solutions in China and internationally. Its products include 5G smart, 5G and 4G LTE, AI computing, automotive, smart, LPWA, and GNSS modules; and wireless data solutions for use in smart positioning and tracking, payment methods for retailers, blind spot monitoring driving, logistics, and alarm and gas alarm solutions in energy sectors. MeiG Smart Technology Co., Ltd.

MeiG Smart Technology Co., Ltd Fundamentals Summary

How do MeiG Smart Technology's earnings and revenue compare to its market cap?
002881 fundamental statistics
Market capCN¥12.75b
Earnings (TTM)CN¥143.07m
Revenue (TTM)CN¥3.68b
96.0x
P/E Ratio
3.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002881 income statement (TTM)
RevenueCN¥3.68b
Cost of RevenueCN¥3.15b
Gross ProfitCN¥526.27m
Other ExpensesCN¥383.20m
EarningsCN¥143.07m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.47
Gross Margin14.31%
Net Profit Margin3.89%
Debt/Equity Ratio23.7%

How did 002881 perform over the long term?

See historical performance and comparison

Dividends

0.2%
Current Dividend Yield
18%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/02 00:16
End of Day Share Price 2026/06/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MeiG Smart Technology Co., Ltd is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Liangbi ZhaoChina Galaxy Securities Co., Ltd.
Xing WangHuatai Research
Yi Hong WangTianfeng Securities Brokerage Co., Ltd