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Zhejiang Meilun Elevator SHSE:603321 Stock Report

Last Price

CN¥7.21

Market Cap

CN¥2.2b

7D

0.3%

1Y

-16.5%

Updated

27 Nov, 2024

Data

Company Financials

Zhejiang Meilun Elevator Co., Ltd.

SHSE:603321 Stock Report

Market Cap: CN¥2.2b

603321 Stock Overview

Designs, manufactures, and sells elevators and escalators in China. More details

603321 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends3/6

Zhejiang Meilun Elevator Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Meilun Elevator
Historical stock prices
Current Share PriceCN¥7.21
52 Week HighCN¥9.00
52 Week LowCN¥4.60
Beta0.49
11 Month Change3.00%
3 Month Change23.25%
1 Year Change-16.45%
33 Year Change3.74%
5 Year Change-7.56%
Change since IPO-17.51%

Recent News & 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

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
7D0.3%-2.9%-2.0%
1Y-16.5%3.7%4.6%

Return vs Industry: 603321 underperformed the CN Machinery industry which returned 1.4% over the past year.

Return vs Market: 603321 underperformed the CN Market which returned 2% over the past year.

Price Volatility

Is 603321's price volatile compared to industry and market?
603321 volatility
603321 Average Weekly Movement5.0%
Machinery Industry Average Movement8.7%
Market Average Movement8.4%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.6%

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 (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1978634Xue 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¥2.16b
Earnings (TTM)CN¥134.67m
Revenue (TTM)CN¥816.34m

16.1x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603321 income statement (TTM)
RevenueCN¥816.34m
Cost of RevenueCN¥590.23m
Gross ProfitCN¥226.11m
Other ExpensesCN¥91.44m
EarningsCN¥134.67m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.45
Gross Margin27.70%
Net Profit Margin16.50%
Debt/Equity Ratio1.3%

How did 603321 perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

35%

Payout Ratio