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Zhejiang Meida Industrial SZSE:002677 Stock Report

Last Price

CN¥9.06

Market Cap

CN¥5.9b

7D

-3.1%

1Y

-27.2%

Updated

28 Mar, 2024

Data

Company Financials +

Zhejiang Meida Industrial Co., Ltd.

SZSE:002677 Stock Report

Market Cap: CN¥5.9b

2677 Stock Overview

Zhejiang Meida Industrial Co., Ltd. engages in the research and development, manufacture, and sale of household kitchen appliances primarily integrated stove products in China.

2677 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends4/6

Zhejiang Meida Industrial Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Meida Industrial
Historical stock prices
Current Share PriceCN¥9.06
52 Week HighCN¥12.75
52 Week LowCN¥7.56
Beta0.55
1 Month Change-5.72%
3 Month Change-10.39%
1 Year Change-27.23%
3 Year Change-51.71%
5 Year Change-40.24%
Change since IPO158.40%

Recent News & Updates

Recent updates

Shareholder Returns

2677CN Consumer DurablesCN Market
7D-3.1%-1.2%-4.9%
1Y-27.2%0.05%-16.6%

Return vs Industry: 002677 underperformed the CN Consumer Durables industry which returned 0.1% over the past year.

Return vs Market: 002677 underperformed the CN Market which returned -16.6% over the past year.

Price Volatility

Is 2677's price volatile compared to industry and market?
2677 volatility
2677 Average Weekly Movement5.1%
Consumer Durables Industry Average Movement8.0%
Market Average Movement8.2%
10% most volatile stocks in CN Market11.5%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 002677 has not had significant price volatility in the past 3 months.

Volatility Over Time: 002677's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20011,056Zhisheng Xiahttps://www.meida.com

Zhejiang Meida Industrial Co., Ltd. engages in the research and development, manufacture, and sale of household kitchen appliances primarily integrated stove products in China. It offers range hoods, stoves, disinfection cabinets, storage cabinets, electric ovens, and electric steamers, as well as integrated sinks, water purifiers, and built-in kitchen appliances. The company was founded in 2001 and is headquartered in Haining, China.

Zhejiang Meida Industrial Co., Ltd. Fundamentals Summary

How do Zhejiang Meida Industrial's earnings and revenue compare to its market cap?
2677 fundamental statistics
Market capCN¥5.85b
Earnings (TTM)CN¥431.25m
Revenue (TTM)CN¥1.76b

13.6x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2677 income statement (TTM)
RevenueCN¥1.76b
Cost of RevenueCN¥998.41m
Gross ProfitCN¥760.92m
Other ExpensesCN¥329.67m
EarningsCN¥431.25m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

Apr 19, 2024

Earnings per share (EPS)0.67
Gross Margin43.25%
Net Profit Margin24.51%
Debt/Equity Ratio0%

How did 2677 perform over the long term?

See historical performance and comparison

Dividends

6.8%

Current Dividend Yield

92%

Payout Ratio
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