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.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 1/6 |
Zhejiang Meili High Technology Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥8.24 |
| 52 Week High | CN¥12.69 |
| 52 Week Low | CN¥5.77 |
| Beta | 0.41 |
| 11 Month Change | -5.83% |
| 3 Month Change | -2.37% |
| 1 Year Change | -25.90% |
| 33 Year Change | -22.77% |
| 5 Year Change | -10.53% |
| Change since IPO | -4.41% |
Recent News & Updates
Recent updates
We Think Zhejiang Meili High Technology's (SZSE:300611) Robust Earnings Are Conservative
Apr 25
Investors Could Be Concerned With Zhejiang Meili High Technology's (SZSE:300611) Returns On Capital
Apr 16A Piece Of The Puzzle Missing From Zhejiang Meili High Technology Co., Ltd.'s (SZSE:300611) 37% Share Price Climb
Mar 08Shareholder Returns
| 300611 | CN Auto Components | CN Market | |
|---|---|---|---|
| 7D | 2.1% | -2.0% | -2.0% |
| 1Y | -25.9% | -23.9% | -20.6% |
Return vs Industry: 300611 underperformed the CN Auto Components industry which returned -18.9% over the past year.
Return vs Market: 300611 underperformed the CN Market which returned -18% over the past year.
Price Volatility
| 300611 volatility | |
|---|---|
| 300611 Average Weekly Movement | 9.0% |
| Auto Components Industry Average Movement | 5.9% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in CN Market | 8.9% |
| 10% least volatile stocks in CN Market | 3.7% |
Stable Share Price: 300611 has not had significant price volatility in the past 3 months.
Volatility Over Time: 300611's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1990 | 1,746 | Zhu Jun Zhang | www.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
| 300611 fundamental statistics | |
|---|---|
| Market cap | CN¥1.71b |
| Earnings (TTM) | CN¥68.45m |
| Revenue (TTM) | CN¥1.53b |
25.1x
P/E Ratio1.1x
P/S RatioIs 300611 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 300611 income statement (TTM) | |
|---|---|
| Revenue | CN¥1.53b |
| Cost of Revenue | CN¥1.23b |
| Gross Profit | CN¥300.00m |
| Other Expenses | CN¥231.55m |
| Earnings | CN¥68.45m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.33 |
| Gross Margin | 19.62% |
| Net Profit Margin | 4.48% |
| Debt/Equity Ratio | 48.0% |
How did 300611 perform over the long term?
See historical performance and comparison