company background image
603321 logo

Zhejiang Meilun Elevator SHSE:603321 Stock Report

Last Price

CN¥8.02

Market Cap

CN¥2.4b

7D

-5.4%

1Y

7.9%

Updated

28 May, 2025

Data

Company Financials

Zhejiang Meilun Elevator Co., Ltd.

SHSE:603321 Stock Report

Market Cap: CN¥2.4b

Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

Zhejiang Meilun Elevator Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zhejiang Meilun Elevator
Historical stock prices
Current Share PriceCN¥8.02
52 Week HighCN¥9.33
52 Week LowCN¥5.40
Beta0.55
1 Month Change11.08%
3 Month Change8.97%
1 Year Change7.94%
3 Year Change24.73%
5 Year Change6.65%
Change since IPO-8.24%

Recent News & Updates

Recent updates

Zhejiang Meilun Elevator's (SHSE:603321) Profits May Not Reveal Underlying Issues

Nov 04
Zhejiang Meilun Elevator's (SHSE:603321) Profits May Not Reveal Underlying Issues

Cautious Investors Not Rewarding Zhejiang Meilun Elevator Co., Ltd.'s (SHSE:603321) Performance Completely

Jul 19
Cautious Investors Not Rewarding Zhejiang Meilun Elevator Co., Ltd.'s (SHSE:603321) Performance Completely

We Think You Should Be Aware Of Some Concerning Factors In Zhejiang Meilun Elevator's (SHSE:603321) Earnings

May 03
We Think You Should Be Aware Of Some Concerning Factors In Zhejiang Meilun Elevator's (SHSE:603321) Earnings

There's Reason For Concern Over Zhejiang Meilun Elevator Co., Ltd.'s (SHSE:603321) Massive 36% Price Jump

Mar 09
There's Reason For Concern Over Zhejiang Meilun Elevator Co., Ltd.'s (SHSE:603321) Massive 36% Price Jump

Zhejiang Meilun Elevator (SHSE:603321) Could Be Struggling To Allocate Capital

Feb 29
Zhejiang Meilun Elevator (SHSE:603321) Could Be Struggling To Allocate Capital

Shareholder Returns

603321CN MachineryCN Market
7D-5.4%-2.1%-1.7%
1Y7.9%15.2%9.5%

Return vs Industry: 603321 underperformed the CN Machinery industry which returned 15.2% over the past year.

Return vs Market: 603321 underperformed the CN Market which returned 9.5% over the past year.

Price Volatility

Is 603321's price volatile compared to industry and market?
603321 volatility
603321 Average Weekly Movement6.3%
Machinery Industry Average Movement7.7%
Market Average Movement6.9%
10% most volatile stocks in CN Market10.1%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 603321 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 603321's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1978711Xue Lin Qianwww.zjml.cc

Zhejiang Meilun Elevator Co., Ltd. designs, manufactures, and sells elevators and escalators in China. It offers passenger, villa, sightseeing, and freight elevators; and automatic handrails and sidewalks. The company was founded in 1978 and is based in Shaoxing, China.

Zhejiang Meilun Elevator Co., Ltd. Fundamentals Summary

How do Zhejiang Meilun Elevator's earnings and revenue compare to its market cap?
603321 fundamental statistics
Market capCN¥2.44b
Earnings (TTM)CN¥65.42m
Revenue (TTM)CN¥795.48m
37.3x
P/E Ratio
3.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603321 income statement (TTM)
RevenueCN¥795.48m
Cost of RevenueCN¥567.63m
Gross ProfitCN¥227.85m
Other ExpensesCN¥162.43m
EarningsCN¥65.42m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.21
Gross Margin28.64%
Net Profit Margin8.22%
Debt/Equity Ratio1.0%

How did 603321 perform over the long term?

See historical performance and comparison

Dividends

2.5%
Current Dividend Yield
101%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/28 17:18
End of Day Share Price 2025/05/28 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Zhejiang Meilun Elevator 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.