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Zhejiang Meili High Technology SZSE:300611 Stock Report

Last Price

CN¥8.98

Market Cap

CN¥1.8b

7D

11.1%

1Y

-20.5%

Updated

27 Sep, 2024

Data

Company Financials

Zhejiang Meili High Technology Co., Ltd.

SZSE:300611 Stock Report

Market Cap: CN¥1.8b

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.

300611 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

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¥8.98
52 Week HighCN¥12.69
52 Week LowCN¥5.77
Beta0.40
11 Month Change8.98%
3 Month Change17.85%
1 Year Change-20.53%
33 Year Change-3.75%
5 Year Change-4.47%
Change since IPO4.18%

Recent News & Updates

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

Recent updates

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
7D11.1%6.0%9.6%
1Y-20.5%-12.8%-12.3%

Return vs Industry: 300611 underperformed the CN Auto Components industry which returned -12.8% over the past year.

Return vs Market: 300611 underperformed the CN Market which returned -12.3% over the past year.

Price Volatility

Is 300611's price volatile compared to industry and market?
300611 volatility
300611 Average Weekly Movement8.3%
Auto Components Industry Average Movement5.4%
Market Average Movement5.4%
10% most volatile stocks in CN Market8.4%
10% least volatile stocks in CN Market3.7%

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

Volatility Over Time: 300611's weekly volatility (8%) 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¥1.79b
Earnings (TTM)CN¥59.51k
Revenue (TTM)CN¥1.25b

Over9,999x

P/E Ratio

1.5x

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

n/a

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

0.6%

Current Dividend Yield

10,933%

Payout Ratio