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Hefei Meyer Optoelectronic Technology SZSE:002690 Stock Report

Last Price

CN¥16.70

Market Cap

CN¥14.8b

7D

2.8%

1Y

-35.9%

Updated

17 Jun, 2024

Data

Company Financials +

Hefei Meyer Optoelectronic Technology Inc.

SZSE:002690 Stock Report

Market Cap: CN¥14.8b

2690 Stock Overview

Hefei Meyer Optoelectronic Technology Inc.

2690 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance3/6
Financial Health6/6
Dividends5/6

Hefei Meyer Optoelectronic Technology Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hefei Meyer Optoelectronic Technology
Historical stock prices
Current Share PriceCN¥16.70
52 Week HighCN¥26.87
52 Week LowCN¥15.30
Beta0.83
1 Month Change-6.18%
3 Month Change-16.50%
1 Year Change-35.92%
3 Year Change-59.74%
5 Year Change-32.68%
Change since IPO378.04%

Recent News & Updates

Recent updates

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

2690CN MachineryCN Market
7D2.8%-0.3%0.06%
1Y-35.9%-14.3%-16.1%

Return vs Industry: 002690 underperformed the CN Machinery industry which returned -14.3% over the past year.

Return vs Market: 002690 underperformed the CN Market which returned -16.1% over the past year.

Price Volatility

Is 2690's price volatile compared to industry and market?
2690 volatility
2690 Average Weekly Movement4.6%
Machinery Industry Average Movement7.1%
Market Average Movement6.8%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market4.2%

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

Volatility Over Time: 002690's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19931,387Haibin Shenwww.meyer-corp.com

Hefei Meyer Optoelectronic Technology Inc. engages in the research and development, manufacture, and sale of intelligent sorting and inspection technology and products in China and internationally. The company offers AI sorter, X-ray inspection equipment and high-end CBCT. Its products include rice, tea, wheat and corn, grain, nuts, cashew, peanuts, beans, and plastic color sorters, as well as belt and chute sorters.

Hefei Meyer Optoelectronic Technology Inc. Fundamentals Summary

How do Hefei Meyer Optoelectronic Technology's earnings and revenue compare to its market cap?
2690 fundamental statistics
Market capCN¥14.77b
Earnings (TTM)CN¥720.70m
Revenue (TTM)CN¥2.35b

20.4x

P/E Ratio

6.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2690 income statement (TTM)
RevenueCN¥2.35b
Cost of RevenueCN¥1.15b
Gross ProfitCN¥1.20b
Other ExpensesCN¥477.21m
EarningsCN¥720.70m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.82
Gross Margin50.98%
Net Profit Margin30.67%
Debt/Equity Ratio0%

How did 2690 perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

86%

Payout Ratio
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