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Shenzhen Megmeet Electrical SZSE:002851 Stock Report

Last Price

CN¥57.20

Market Cap

CN¥30.0b

7D

23.2%

1Y

153.0%

Updated

25 Dec, 2024

Data

Company Financials +

Shenzhen Megmeet Electrical Co., LTD

SZSE:002851 Stock Report

Market Cap: CN¥30.0b

002851 Stock Overview

Engages in the research and development, production, sales, and services of hardware, software, and system solutions for electrical automation in China. More details

002851 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance1/6
Financial Health4/6
Dividends1/6

My Notes

Capture your thoughts, links and company narrative

Shenzhen Megmeet Electrical Co., LTD Competitors

Price History & Performance

Summary of share price highs, lows and changes for Shenzhen Megmeet Electrical
Historical stock prices
Current Share PriceCN¥57.20
52 Week HighCN¥61.79
52 Week LowCN¥18.00
Beta0.15
1 Month Change49.31%
3 Month Change130.46%
1 Year Change152.99%
3 Year Change80.50%
5 Year Change176.06%
Change since IPO634.59%

Recent News & Updates

Does Shenzhen Megmeet Electrical (SZSE:002851) Have A Healthy Balance Sheet?

Dec 19
Does Shenzhen Megmeet Electrical (SZSE:002851) Have A Healthy Balance Sheet?

Shenzhen Megmeet Electrical Co., LTD's (SZSE:002851) 30% Share Price Surge Not Quite Adding Up

Nov 19
Shenzhen Megmeet Electrical Co., LTD's (SZSE:002851) 30% Share Price Surge Not Quite Adding Up

Recent updates

Does Shenzhen Megmeet Electrical (SZSE:002851) Have A Healthy Balance Sheet?

Dec 19
Does Shenzhen Megmeet Electrical (SZSE:002851) Have A Healthy Balance Sheet?

Shenzhen Megmeet Electrical Co., LTD's (SZSE:002851) 30% Share Price Surge Not Quite Adding Up

Nov 19
Shenzhen Megmeet Electrical Co., LTD's (SZSE:002851) 30% Share Price Surge Not Quite Adding Up

Shenzhen Megmeet Electrical's (SZSE:002851) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 06
Shenzhen Megmeet Electrical's (SZSE:002851) Shareholders Have More To Worry About Than Only Soft Earnings

Not Many Are Piling Into Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Just Yet

Sep 18
Not Many Are Piling Into Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Just Yet

Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Shares Could Be 42% Below Their Intrinsic Value Estimate

Aug 30
Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Shares Could Be 42% Below Their Intrinsic Value Estimate

Is Shenzhen Megmeet Electrical (SZSE:002851) A Risky Investment?

Jun 05
Is Shenzhen Megmeet Electrical (SZSE:002851) A Risky Investment?

The Market Lifts Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Shares 27% But It Can Do More

May 21
The Market Lifts Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Shares 27% But It Can Do More

Shenzhen Megmeet Electrical's (SZSE:002851) Profits May Be Overstating Its True Earnings Potential

May 06
Shenzhen Megmeet Electrical's (SZSE:002851) Profits May Be Overstating Its True Earnings Potential

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

002851CN ElectricalCN Market
7D23.2%0.8%0.4%
1Y153.0%24.1%12.3%

Return vs Industry: 002851 exceeded the CN Electrical industry which returned 24.1% over the past year.

Return vs Market: 002851 exceeded the CN Market which returned 12.3% over the past year.

Price Volatility

Is 002851's price volatile compared to industry and market?
002851 volatility
002851 Average Weekly Movement11.4%
Electrical Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

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

Volatility Over Time: 002851's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20036,543Vincent 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?
002851 fundamental statistics
Market capCN¥29.99b
Earnings (TTM)CN¥557.81m
Revenue (TTM)CN¥7.78b

53.8x

P/E Ratio

3.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002851 income statement (TTM)
RevenueCN¥7.78b
Cost of RevenueCN¥5.83b
Gross ProfitCN¥1.95b
Other ExpensesCN¥1.40b
EarningsCN¥557.81m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.06
Gross Margin25.10%
Net Profit Margin7.17%
Debt/Equity Ratio48.5%

How did 002851 perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

19%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 18:53
End of Day Share Price 2024/12/25 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

Shenzhen Megmeet Electrical Co., LTD is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bo Hua WuChangjiang Securities Co. LTD.
Peng JiangChina International Capital Corporation Limited
Jia Xun YouChina Merchants Securities Co. Ltd.