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Zhejiang Meili High Technology SZSE:300611 Stock Report

Last Price

CN¥8.30

Market Cap

CN¥1.7b

7D

7.0%

1Y

5.1%

Updated

24 Apr, 2024

Data

Company Financials

Zhejiang Meili High Technology Co., Ltd.

SZSE:300611 Stock Report

Market Cap: CN¥1.7b

300611 Stock Overview

Zhejiang Meili High Technology Co., Ltd. engages in the research and development, production, and sale of high-end spring products and precision injection molded parts in China and internationally.

300611 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends1/6

Zhejiang Meili High Technology Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Meili High Technology
Historical stock prices
Current Share PriceCN¥8.30
52 Week HighCN¥12.69
52 Week LowCN¥5.77
Beta0.41
1 Month Change-6.11%
3 Month Change-13.99%
1 Year Change5.06%
3 Year Change-6.11%
5 Year Change-11.89%
Change since IPO-3.71%

Recent News & Updates

Investors Could Be Concerned With Zhejiang Meili High Technology's (SZSE:300611) Returns On Capital

Apr 16
Investors Could Be Concerned With Zhejiang Meili High Technology's (SZSE:300611) Returns On Capital

A Piece Of The Puzzle Missing From Zhejiang Meili High Technology Co., Ltd.'s (SZSE:300611) 37% Share Price Climb

Mar 08
A Piece Of The Puzzle Missing From Zhejiang Meili High Technology Co., Ltd.'s (SZSE:300611) 37% Share Price Climb

Recent updates

Investors Could Be Concerned With Zhejiang Meili High Technology's (SZSE:300611) Returns On Capital

Apr 16
Investors Could Be Concerned With Zhejiang Meili High Technology's (SZSE:300611) Returns On Capital

A Piece Of The Puzzle Missing From Zhejiang Meili High Technology Co., Ltd.'s (SZSE:300611) 37% Share Price Climb

Mar 08
A Piece Of The Puzzle Missing From Zhejiang Meili High Technology Co., Ltd.'s (SZSE:300611) 37% Share Price Climb

Shareholder Returns

300611CN Auto ComponentsCN Market
7D7.0%4.6%1.6%
1Y5.1%6.3%-15.1%

Return vs Industry: 300611 underperformed the CN Auto Components industry which returned 6.3% over the past year.

Return vs Market: 300611 exceeded the CN Market which returned -15.1% over the past year.

Price Volatility

Is 300611's price volatile compared to industry and market?
300611 volatility
300611 Average Weekly Movement11.9%
Auto Components Industry Average Movement9.4%
Market Average Movement8.8%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 300611's share price has been volatile over the past 3 months.

Volatility Over Time: 300611's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
19901,746Zhu Jun Zhangwww.china-springs.com

Zhejiang Meili High Technology Co., Ltd. engages in the research and development, production, and sale of high-end spring products and precision injection molded parts in China and internationally. The company offers suspension springs, seat and interior series springs, gearbox spring and spring assembly products, valve springs, stabilizer bars, hot coil series springs, precision springs, composite leaf springs, precision injection molded parts, fine blanking parts and elastic stamping parts, tailgate springs, and clutch arc springs.

Zhejiang Meili High Technology Co., Ltd. Fundamentals Summary

How do Zhejiang Meili High Technology's earnings and revenue compare to its market cap?
300611 fundamental statistics
Market capCN¥1.74b
Earnings (TTM)CN¥40.70m
Revenue (TTM)CN¥1.38b

42.8x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
300611 income statement (TTM)
RevenueCN¥1.38b
Cost of RevenueCN¥1.12b
Gross ProfitCN¥254.41m
Other ExpensesCN¥213.71m
EarningsCN¥40.70m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 29, 2024

Earnings per share (EPS)0.19
Gross Margin18.49%
Net Profit Margin2.96%
Debt/Equity Ratio52.0%

How did 300611 perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

10,933%

Payout Ratio
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