Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: CN¥0.67 (vs CN¥0.58 in FY 2024) Full year 2025 results: EPS: CN¥0.67 (up from CN¥0.58 in FY 2024). Revenue: CN¥397.6m (up 11% from FY 2024). Net income: CN¥92.3m (up 17% from FY 2024). Profit margin: 23% (up from 22% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year. Aankondiging • Apr 29
Meter Instruments Co., Ltd., Annual General Meeting, May 22, 2026 Meter Instruments Co., Ltd., Annual General Meeting, May 22, 2026, at 14:30 China Standard Time. Location: 20F, Tower 1, Area B, No. 1, Zhucui Road, Dongshan Subdistrict, Jiangning District, Nanjing, Jiangsu China Aankondiging • Mar 31
Meter Instruments Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Meter Instruments Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥15.58, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 58x in the Electronic industry in China. Total loss to shareholders of 22% over the past three years. Aankondiging • Dec 31
Meter Instruments Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Meter Instruments Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.095 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.14 (up from CN¥0.095 in 3Q 2024). Revenue: CN¥86.9m (up 8.1% from 3Q 2024). Net income: CN¥18.8m (up 42% from 3Q 2024). Profit margin: 22% (up from 16% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Aankondiging • Sep 30
Meter Instruments Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Meter Instruments Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥18.00, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 52x in the Electronic industry in China. Total returns to shareholders of 2.6% over the past three years. Declared Dividend • Jul 07
Dividend reduced to CN¥0.20 Dividend of CN¥0.20 is 34% lower than last year. Ex-date: 9th July 2025 Payment date: 9th July 2025 Dividend yield will be 1.3%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 32% to shift the payout ratio to a potentially unsustainable range, which is more than the 14% EPS decline seen over the last 5 years. Aankondiging • Jul 02
Meter Instruments Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Meter Instruments Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Aankondiging • Apr 28
Meter Instruments Co., Ltd., Annual General Meeting, May 22, 2025 Meter Instruments Co., Ltd., Annual General Meeting, May 22, 2025, at 14:30 China Standard Time. Location: 20F, Tower 1, Area B, No. 1, Zhucui Road, Dongshan Subdistrict, Jiangning District, Nanjing, Jiangsu China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥11.50, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 48x in the Electronic industry in China. Total loss to shareholders of 39% over the past three years. Aankondiging • Mar 31
Meter Instruments Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Meter Instruments Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Aankondiging • Dec 31
Meter Instruments Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Meter Instruments Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥16.01, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 47x in the Electronic industry in China. Total loss to shareholders of 33% over the past three years. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.041 (vs CN¥0.17 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.041 (down from CN¥0.17 in 3Q 2023). Revenue: CN¥80.4m (down 16% from 3Q 2023). Net income: CN¥13.2m (down 43% from 3Q 2023). Profit margin: 16% (down from 24% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. New Risk • Sep 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.5% average weekly change). Aankondiging • Sep 30
Meter Instruments Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Meter Instruments Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥16.09, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 38% over the past three years. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥12.75, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 35x in the Electronic industry in China. Total loss to shareholders of 51% over the past three years. Declared Dividend • Jul 05
Dividend reduced to CN¥0.30 Dividend of CN¥0.30 is 14% lower than last year. Ex-date: 9th July 2024 Payment date: 9th July 2024 Dividend yield will be 2.7%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 41% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.2% EPS decline seen over the last 5 years. Aankondiging • Jun 29
Meter Instruments Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Meter Instruments Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Aankondiging • Apr 30
Meter Instruments Co., Ltd., Annual General Meeting, May 22, 2024 Meter Instruments Co., Ltd., Annual General Meeting, May 22, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Reported Earnings • Apr 29
Full year 2023 earnings released: EPS: CN¥0.81 (vs CN¥0.78 in FY 2022) Full year 2023 results: EPS: CN¥0.81 (up from CN¥0.78 in FY 2022). Revenue: CN¥382.0m (up 6.6% from FY 2022). Net income: CN¥112.3m (up 2.9% from FY 2022). Profit margin: 29% (down from 31% in FY 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥15.93, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 30% over the past year. Aankondiging • Mar 30
Meter Instruments Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Meter Instruments Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Aankondiging • Feb 23
Meter Instruments Co., Ltd. (SZSE:301006) announces an Equity Buyback for CNY 40 million worth of its shares. Meter Instruments Co., Ltd. (SZSE:301006) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its Class A shares. The shares will be repurchased at a price not more than CNY 20.17 per share. The repurchased shares will be used for ESOP or equity incentives. The program will be valid till 12 months. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to CN¥10.13, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 30x in the Electronic industry in China. Total loss to shareholders of 47% over the past year. New Risk • Feb 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.0% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change). Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥14.62, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 12% over the past year. Aankondiging • Dec 29
Meter Instruments Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 Meter Instruments Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.27 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.17 (down from CN¥0.27 in 3Q 2022). Revenue: CN¥96.1m (down 14% from 3Q 2022). Net income: CN¥23.2m (down 39% from 3Q 2022). Profit margin: 24% (down from 34% in 3Q 2022). The decrease in margin was driven by lower revenue. Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.20 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.17 (down from CN¥0.20 in 2Q 2022). Revenue: CN¥86.7m (flat on 2Q 2022). Net income: CN¥24.3m (down 13% from 2Q 2022). Profit margin: 28% (down from 32% in 2Q 2022). Aankondiging • Jul 06
Meter Instruments Co., Ltd. Announces Implementation of Final Cash Dividend for 2022, Payable on 11 July 2023 Meter Instruments Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): cash dividend per 10 shares (tax included) of CNY 3.50000000. Record date: 10 July 2023; Ex-date: 11 July 2023; Payment date: 11 July 2023. Aankondiging • May 21
Meter Instruments Co., Ltd. Approves Cash Dividend for 2022 Meter Instruments Co., Ltd. at its Annual General Meeting of 2022 held on 18 May 2023, approved cash dividend/10 shares (tax included): CNY 3.50000000. Reported Earnings • Apr 24
First quarter 2023 earnings released: EPS: CN¥0.30 (vs CN¥0.22 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.30 (up from CN¥0.22 in 1Q 2022). Revenue: CN¥99.7m (up 32% from 1Q 2022). Net income: CN¥41.2m (up 34% from 1Q 2022). Profit margin: 41% (in line with 1Q 2022). Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥24.17, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 40x in the Electronic industry in China. Total returns to shareholders of 19% over the past year. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥21.45, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 18% over the past year. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.27 (vs CN¥0.30 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.27. Revenue: CN¥111.8m (up 24% from 3Q 2021). Net income: CN¥37.8m (flat on 3Q 2021). Profit margin: 34% (down from 42% in 3Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.30 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.20 (down from CN¥0.30 in 2Q 2021). Revenue: CN¥86.4m (down 27% from 2Q 2021). Net income: CN¥27.9m (down 34% from 2Q 2021). Profit margin: 32% (down from 36% in 2Q 2021). The decrease in margin was driven by lower revenue. Aankondiging • Jul 06
Meter Instruments Co., Ltd Announces Final Dividend on A Shares for the Year 2021, Payable on July 11, 2022 Meter Instruments Co. Ltd. announced final cash dividend/10 shares (tax included) of CNY 2.00000000 on A shares for the year 2021. Record date is July 8, 2022. Ex-date is July 11, 2022. Payment date is July 11, 2022. Aankondiging • May 20
Meter Instruments Co., Ltd Approves Cash Dividend for 2021 Meter Instruments Co. Ltd. at its AGM held on May 18, 2022, approved cash dividend of CNY 2.00000000 per 10 shares (tax included) for 2021. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.22 (vs CN¥0.22 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.22 (up from CN¥0.22 in 1Q 2021). Revenue: CN¥75.3m (up 17% from 1Q 2021). Net income: CN¥30.9m (up 37% from 1Q 2021). Profit margin: 41% (up from 35% in 1Q 2021). The increase in margin was driven by higher revenue. Aankondiging • Apr 26
Meter Instruments Co., Ltd Announces Profit Distribution Proposal for 2021 Meter Instruments Co. Ltd. announced on 25 April 2022 the profit distribution proposal for 2021. Cash dividend/10 shares (tax included): CNY 2.00000000. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥23.43, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 37x in the Electronic industry in China.