2851 Stock Overview
Engages in the research and development, production, sales, and services of hardware, software, and system solutions for electrical automation in China.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
Shenzhen Megmeet Electrical Co., LTD Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥27.47 |
| 52 Week High | CN¥37.11 |
| 52 Week Low | CN¥18.00 |
| Beta | 0.37 |
| 1 Month Change | 25.95% |
| 3 Month Change | 11.80% |
| 1 Year Change | -11.70% |
| 3 Year Change | -17.75% |
| 5 Year Change | 57.33% |
| Change since IPO | 252.78% |
Recent News & Updates
The Market Lifts Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Shares 27% But It Can Do More
May 21
Shenzhen Megmeet Electrical's (SZSE:002851) Profits May Be Overstating Its True Earnings Potential
May 06Recent updates
The Market Lifts Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Shares 27% But It Can Do More
May 21Shenzhen Megmeet Electrical's (SZSE:002851) Profits May Be Overstating Its True Earnings Potential
May 06Is Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Trading At A 49% Discount?
Apr 25Some Investors May Be Worried About Shenzhen Megmeet Electrical's (SZSE:002851) Returns On Capital
Apr 08Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Mar 04Shareholder Returns
| 2851 | CN Electrical | CN Market | |
|---|---|---|---|
| 7D | -3.5% | 0.3% | -0.4% |
| 1Y | -11.7% | -15.8% | -12.6% |
Return vs Industry: 002851 exceeded the CN Electrical industry which returned -15.8% over the past year.
Return vs Market: 002851 matched the CN Market which returned -12.6% over the past year.
Price Volatility
| 2851 volatility | |
|---|---|
| 2851 Average Weekly Movement | 7.8% |
| Electrical Industry Average Movement | 7.2% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in CN Market | 10.0% |
| 10% least volatile stocks in CN Market | 4.1% |
Stable Share Price: 002851's share price has been volatile over the past 3 months.
Volatility Over Time: 002851's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 6,543 | Vincent Tong | www.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
| 2851 fundamental statistics | |
|---|---|
| Market cap | CN¥13.68b |
| Earnings (TTM) | CN¥606.85m |
| Revenue (TTM) | CN¥7.02b |
22.5x
P/E Ratio1.9x
P/S RatioIs 2851 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2851 income statement (TTM) | |
|---|---|
| Revenue | CN¥7.02b |
| Cost of Revenue | CN¥5.27b |
| Gross Profit | CN¥1.76b |
| Other Expenses | CN¥1.15b |
| Earnings | CN¥606.85m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.22 |
| Gross Margin | 25.05% |
| Net Profit Margin | 8.64% |
| Debt/Equity Ratio | 47.6% |
How did 2851 perform over the long term?
See historical performance and comparison