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Shenzhen Megmeet Electrical SZSE:002851 Stock Report

Last Price

CN¥23.78

Market Cap

CN¥11.9b

7D

-8.0%

1Y

-30.7%

Updated

07 Jul, 2024

Data

Company Financials +

Shenzhen Megmeet Electrical Co., LTD

SZSE:002851 Stock Report

Market Cap: CN¥11.9b

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¥23.78
52 Week HighCN¥35.20
52 Week LowCN¥18.00
Beta0.29
11 Month Change-15.01%
3 Month Change6.88%
1 Year Change-30.65%
33 Year Change-17.20%
5 Year Change21.45%
Change since IPO205.39%

Recent News & Updates

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

Recent updates

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
7D-8.0%-3.1%-1.4%
1Y-30.7%-23.6%-18.4%

Return vs Industry: 002851 underperformed the CN Electrical industry which returned -23.6% over the past year.

Return vs Market: 002851 underperformed the CN Market which returned -18.4% over the past year.

Price Volatility

Is 002851's price volatile compared to industry and market?
002851 volatility
002851 Average Weekly Movement8.1%
Electrical Industry Average Movement7.0%
Market Average Movement6.6%
10% most volatile stocks in CN Market10.0%
10% least volatile stocks in CN Market4.2%

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

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¥11.89b
Earnings (TTM)CN¥606.85m
Revenue (TTM)CN¥7.02b

19.6x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002851 income statement (TTM)
RevenueCN¥7.02b
Cost of RevenueCN¥5.27b
Gross ProfitCN¥1.76b
Other ExpensesCN¥1.15b
EarningsCN¥606.85m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 30, 2024

Earnings per share (EPS)1.21
Gross Margin25.05%
Net Profit Margin8.64%
Debt/Equity Ratio47.6%

How did 002851 perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

18%

Payout Ratio
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