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Zhejiang Meili High Technology SZSE:300611 Stock Report

Last Price

CN¥10.15

Market Cap

CN¥2.1b

7D

-4.0%

1Y

-7.6%

Updated

08 Jan, 2025

Data

Company Financials

Zhejiang Meili High Technology Co., Ltd.

SZSE:300611 Stock Report

Market Cap: CN¥2.1b

300611 Stock Overview

Engages in the research and development, production, and sale of high-end spring products and precision injection molded parts in China and internationally. More details

300611 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Zhejiang Meili High Technology Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zhejiang Meili High Technology
Historical stock prices
Current Share PriceCN¥10.15
52 Week HighCN¥13.04
52 Week LowCN¥5.77
Beta0.44
1 Month Change-13.40%
3 Month Change-0.29%
1 Year Change-7.64%
3 Year Change-11.12%
5 Year Change1.20%
Change since IPO17.75%

Recent News & Updates

Zhejiang Meili High Technology (SZSE:300611) Will Want To Turn Around Its Return Trends

Dec 19
Zhejiang Meili High Technology (SZSE:300611) Will Want To Turn Around Its Return Trends

Recent updates

Zhejiang Meili High Technology (SZSE:300611) Will Want To Turn Around Its Return Trends

Dec 19
Zhejiang Meili High Technology (SZSE:300611) Will Want To Turn Around Its Return Trends

We Think Zhejiang Meili High Technology's (SZSE:300611) Robust Earnings Are Conservative

Apr 25
We Think Zhejiang Meili High Technology's (SZSE:300611) Robust Earnings Are Conservative

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
7D-4.0%-2.7%-4.1%
1Y-7.6%9.9%6.9%

Return vs Industry: 300611 underperformed the CN Auto Components industry which returned 8.7% over the past year.

Return vs Market: 300611 underperformed the CN Market which returned 6.4% over the past year.

Price Volatility

Is 300611's price volatile compared to industry and market?
300611 volatility
300611 Average Weekly Movement7.8%
Auto Components Industry Average Movement7.4%
Market Average Movement7.7%
10% most volatile stocks in CN Market11.6%
10% least volatile stocks in CN Market4.9%

Stable Share Price: 300611 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 300611's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1990n/aZhu 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¥2.11b
Earnings (TTM)CN¥59.51k
Revenue (TTM)CN¥1.25b

Over9,999x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
300611 income statement (TTM)
RevenueCN¥1.25b
Cost of RevenueCN¥1.05b
Gross ProfitCN¥204.71m
Other ExpensesCN¥204.65m
EarningsCN¥59.51k

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Mar 29, 2025

Earnings per share (EPS)0.00029
Gross Margin16.32%
Net Profit Margin0.0047%
Debt/Equity Ratio48.7%

How did 300611 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

10,933%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 07:22
End of Day Share Price 2025/01/08 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

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 here.

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 .

Analyst Sources

Zhejiang Meili High Technology Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution