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
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 1/6 |
My Notes
Capture your thoughts, links and company narrative
Shenzhen Megmeet Electrical Co., LTD Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥62.92 |
| 52 Week High | CN¥62.92 |
| 52 Week Low | CN¥18.00 |
| Beta | 0.15 |
| 1 Month Change | 62.63% |
| 3 Month Change | 141.63% |
| 1 Year Change | 162.71% |
| 3 Year Change | 96.63% |
| 5 Year Change | 195.54% |
| Change since IPO | 353.75% |
Recent News & Updates
Recent updates
Shareholder Returns
| 002851 | CN Electrical | CN Market | |
|---|---|---|---|
| 7D | 23.2% | -0.4% | -1.0% |
| 1Y | 162.7% | 23.0% | 10.8% |
Return vs Industry: 002851 exceeded the CN Electrical industry which returned 23% over the past year.
Return vs Market: 002851 exceeded the CN Market which returned 10.8% over the past year.
Price Volatility
| 002851 volatility | |
|---|---|
| 002851 Average Weekly Movement | 11.7% |
| Electrical Industry Average Movement | 9.1% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in CN Market | 13.0% |
| 10% least volatile stocks in CN Market | 5.8% |
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 (12%) has been stable over the past year, but is still higher than 75% of CN stocks.
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
| 002851 fundamental statistics | |
|---|---|
| Market cap | CN¥32.99b |
| Earnings (TTM) | CN¥557.81m |
| Revenue (TTM) | CN¥7.78b |
59.1x
P/E Ratio4.2x
P/S RatioIs 002851 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 002851 income statement (TTM) | |
|---|---|
| Revenue | CN¥7.78b |
| Cost of Revenue | CN¥5.83b |
| Gross Profit | CN¥1.95b |
| Other Expenses | CN¥1.40b |
| Earnings | CN¥557.81m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.06 |
| Gross Margin | 25.10% |
| Net Profit Margin | 7.17% |
| Debt/Equity Ratio | 48.5% |
How did 002851 perform over the long term?
See historical performance and comparisonDividends
0.3%
Current Dividend Yield19%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 19:59 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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.
| Analyst | Institution |
|---|---|
| Bo Hua Wu | Changjiang Securities Co. LTD. |
| Peng Jiang | China International Capital Corporation Limited |
| Jia Xun You | China Merchants Securities Co. Ltd. |