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Shenzhen Megmeet Electrical XSEC:002851 Stock Report

Last Price

CN¥21.81

Market Cap

CN¥10.9b

7D

5.3%

1Y

-27.4%

Updated

01 May, 2024

Data

Company Financials +

Shenzhen Megmeet Electrical Co., LTD

XSEC:002851 Stock Report

Market Cap: CN¥10.9b

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
Valuation5/6
Future Growth5/6
Past Performance2/6
Financial Health4/6
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¥21.81
52 Week HighCN¥37.11
52 Week LowCN¥18.00
Beta0.37
1 Month Change-10.72%
3 Month Change9.82%
1 Year Change-27.45%
3 Year Change-35.72%
5 Year Change9.16%
Change since IPO57.28%

Recent News & Updates

Recent updates

Shareholder Returns

2851CN ElectricalCN Market
7D5.3%4.7%4.2%
1Y-27.4%-15.8%-13.2%

Return vs Industry: 002851 underperformed the CN Electrical industry which returned -15.8% over the past year.

Return vs Market: 002851 underperformed the CN Market which returned -13.2% over the past year.

Price Volatility

Is 2851's price volatile compared to industry and market?
2851 volatility
2851 Average Weekly Movement6.2%
Electrical Industry Average Movement9.1%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 002851 has not had significant price volatility in 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¥10.86b
Earnings (TTM)CN¥606.85m
Revenue (TTM)CN¥7.02b

17.9x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2851 income statement (TTM)
RevenueCN¥7.02b
Cost of RevenueCN¥5.24b
Gross ProfitCN¥1.78b
Other ExpensesCN¥1.18b
EarningsCN¥606.85m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.22
Gross Margin25.38%
Net Profit Margin8.64%
Debt/Equity Ratio47.6%

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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