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Hefei Meyer Optoelectronic Technology SZSE:002690 Stock Report

Last Price

CN¥15.16

Market Cap

CN¥13.3b

7D

-0.4%

1Y

-22.8%

Updated

27 Dec, 2024

Data

Company Financials +

Hefei Meyer Optoelectronic Technology Inc.

SZSE:002690 Stock Report

Market Cap: CN¥13.3b

002690 Stock Overview

Hefei Meyer Optoelectronic Technology Inc. More details

002690 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

Hefei Meyer Optoelectronic Technology Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hefei Meyer Optoelectronic Technology
Historical stock prices
Current Share PriceCN¥15.16
52 Week HighCN¥20.60
52 Week LowCN¥12.10
Beta0.82
1 Month Change2.57%
3 Month Change4.41%
1 Year Change-22.81%
3 Year Change-47.39%
5 Year Change-46.62%
Change since IPO333.96%

Recent News & Updates

Improved Earnings Required Before Hefei Meyer Optoelectronic Technology Inc. (SZSE:002690) Stock's 37% Jump Looks Justified

Oct 08
Improved Earnings Required Before Hefei Meyer Optoelectronic Technology Inc. (SZSE:002690) Stock's 37% Jump Looks Justified

Recent updates

Improved Earnings Required Before Hefei Meyer Optoelectronic Technology Inc. (SZSE:002690) Stock's 37% Jump Looks Justified

Oct 08
Improved Earnings Required Before Hefei Meyer Optoelectronic Technology Inc. (SZSE:002690) Stock's 37% Jump Looks Justified

There's No Escaping Hefei Meyer Optoelectronic Technology Inc.'s (SZSE:002690) Muted Earnings

Aug 08
There's No Escaping Hefei Meyer Optoelectronic Technology Inc.'s (SZSE:002690) Muted Earnings

Hefei Meyer Optoelectronic Technology (SZSE:002690) Is Investing Its Capital With Increasing Efficiency

May 22
Hefei Meyer Optoelectronic Technology (SZSE:002690) Is Investing Its Capital With Increasing Efficiency

Investors Aren't Buying Hefei Meyer Optoelectronic Technology Inc.'s (SZSE:002690) Earnings

Apr 25
Investors Aren't Buying Hefei Meyer Optoelectronic Technology Inc.'s (SZSE:002690) Earnings

Hefei Meyer Optoelectronic Technology (SZSE:002690) Strong Profits May Be Masking Some Underlying Issues

Apr 05
Hefei Meyer Optoelectronic Technology (SZSE:002690) Strong Profits May Be Masking Some Underlying Issues

Earnings Miss: Hefei Meyer Optoelectronic Technology Inc. Missed EPS By 6.4% And Analysts Are Revising Their Forecasts

Apr 02
Earnings Miss: Hefei Meyer Optoelectronic Technology Inc. Missed EPS By 6.4% And Analysts Are Revising Their Forecasts

Shareholder Returns

002690CN MachineryCN Market
7D-0.4%-0.5%-0.5%
1Y-22.8%8.3%9.2%

Return vs Industry: 002690 underperformed the CN Machinery industry which returned 8.3% over the past year.

Return vs Market: 002690 underperformed the CN Market which returned 9.2% over the past year.

Price Volatility

Is 002690's price volatile compared to industry and market?
002690 volatility
002690 Average Weekly Movement6.1%
Machinery Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 002690 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002690's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19931,387Haibin Shenwww.meyerop.com

Hefei Meyer Optoelectronic Technology Inc. engages in the research and development, manufacture, and sale of optoelectronic intelligent recognition equipment in China and internationally. The company offers color sorter, X-ray inspection machine, quality analyzer, etc. for food safety sector; dental CBCT, ENT CBCT, intraoral scanners, spinal surgery robots, etc. in healthcare; and whole bottle sorter, bottle flakes sorter, and plastic pellets for recycling purposes; as well as support services. The company was founded in 1993 and is based in Hefei, China.

Hefei Meyer Optoelectronic Technology Inc. Fundamentals Summary

How do Hefei Meyer Optoelectronic Technology's earnings and revenue compare to its market cap?
002690 fundamental statistics
Market capCN¥13.33b
Earnings (TTM)CN¥631.70m
Revenue (TTM)CN¥2.35b

21.1x

P/E Ratio

5.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002690 income statement (TTM)
RevenueCN¥2.35b
Cost of RevenueCN¥1.17b
Gross ProfitCN¥1.18b
Other ExpensesCN¥546.09m
EarningsCN¥631.70m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.72
Gross Margin50.20%
Net Profit Margin26.92%
Debt/Equity Ratio0%

How did 002690 perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

98%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 03:45
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

Hefei Meyer Optoelectronic Technology Inc. is covered by 23 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hongwei HuangChasing Securities
Lingxin KongChina International Capital Corporation Limited
Jia YanChina International Capital Corporation Limited