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Shenzhen Megmeet Electrical SZSE:002851 Stock Report

Last Price

CN¥20.49

Market Cap

CN¥10.2b

7D

-3.5%

1Y

-30.5%

Updated

25 Apr, 2024

Data

Company Financials +

Shenzhen Megmeet Electrical Co., LTD

SZSE:002851 Stock Report

Market Cap: CN¥10.2b

2851 Stock Overview

Shenzhen Megmeet Electrical Co., LTD engages in the research and development, production, sales, and services of hardware, software, and system solutions for electrical automation in China.

2851 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth5/6
Past Performance4/6
Financial Health5/6
Dividends0/6

Shenzhen Megmeet Electrical Co., LTD Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shenzhen Megmeet Electrical
Historical stock prices
Current Share PriceCN¥20.49
52 Week HighCN¥37.11
52 Week LowCN¥18.00
Beta0.37
1 Month Change-17.78%
3 Month Change-0.63%
1 Year Change-30.52%
3 Year Change-40.45%
5 Year Change-4.10%
Change since IPO163.14%

Recent News & Updates

Is Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Trading At A 49% Discount?

Apr 25
Is Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Trading At A 49% Discount?

Some Investors May Be Worried About Shenzhen Megmeet Electrical's (SZSE:002851) Returns On Capital

Apr 08
Some Investors May Be Worried About Shenzhen Megmeet Electrical's (SZSE:002851) Returns On Capital

Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Surges 27% Yet Its Low P/E Is No Reason For Excitement

Mar 04
Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Surges 27% Yet Its Low P/E Is No Reason For Excitement

Recent updates

Is Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Trading At A 49% Discount?

Apr 25
Is Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Trading At A 49% Discount?

Some Investors May Be Worried About Shenzhen Megmeet Electrical's (SZSE:002851) Returns On Capital

Apr 08
Some Investors May Be Worried About Shenzhen Megmeet Electrical's (SZSE:002851) Returns On Capital

Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Surges 27% Yet Its Low P/E Is No Reason For Excitement

Mar 04
Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Surges 27% Yet Its Low P/E Is No Reason For Excitement

Shareholder Returns

2851CN ElectricalCN Market
7D-3.5%-2.0%-0.4%
1Y-30.5%-19.0%-14.4%

Return vs Industry: 002851 underperformed the CN Electrical industry which returned -19% over the past year.

Return vs Market: 002851 underperformed the CN Market which returned -14.4% over the past year.

Price Volatility

Is 2851's price volatile compared to industry and market?
2851 volatility
2851 Average Weekly Movement6.3%
Electrical Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 002851's share price has been volatile over the past 3 months.

Volatility Over Time: 002851's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20035,265Vincent Tongwww.megmeet.com

Shenzhen Megmeet Electrical Co., LTD engages in the research and development, production, sales, and services of hardware, software, and system solutions for electrical automation in China. The company offers industrial power supply products, including subracks, hybrid power supply, PDU, solar modules, controllers, and telecom DC converter and rectifier; external adapters, open frames, battery packs, and custom power products; microwave and electric power supply products; industrial automation products; charging station rectifier modules; and EV electric Parts, such as on-board power supply, power electronic units, motor control units, electric compression, vehicle mounted, and dual motor control units. It also provides rail transit parts, including electric compressors, air-conditioning controllers, motor drivers, and air-conditioning electronic control cabinets; smart home appliances, consisting of visual display products, kitchen appliances, and HVAC; and intelligent toilet and digital welding machine, industrial microwave systems, electric submersible oil pumping systems, optical fiber flexible bend sensors, portable DLP projectors, and disinfecting equipment.

Shenzhen Megmeet Electrical Co., LTD Fundamentals Summary

How do Shenzhen Megmeet Electrical's earnings and revenue compare to its market cap?
2851 fundamental statistics
Market capCN¥10.21b
Earnings (TTM)CN¥650.98m
Revenue (TTM)CN¥6.37b

15.7x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2851 income statement (TTM)
RevenueCN¥6.37b
Cost of RevenueCN¥4.79b
Gross ProfitCN¥1.57b
Other ExpensesCN¥923.01m
EarningsCN¥650.98m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)1.31
Gross Margin24.72%
Net Profit Margin10.22%
Debt/Equity Ratio38.0%

How did 2851 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

4%

Payout Ratio
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