002677 Stock Overview
Engages in the research and development, manufacture, and sale of household kitchen appliances primarily integrated stove products in China. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Zhejiang Meida Industrial Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥7.77 |
| 52 Week High | CN¥10.55 |
| 52 Week Low | CN¥6.21 |
| Beta | 0.56 |
| 1 Month Change | 1.57% |
| 3 Month Change | 19.72% |
| 1 Year Change | -21.44% |
| 3 Year Change | -52.04% |
| 5 Year Change | -41.00% |
| Change since IPO | 121.60% |
Recent News & Updates
Why Zhejiang Meida Industrial's (SZSE:002677) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 04
There's No Escaping Zhejiang Meida Industrial Co., Ltd.'s (SZSE:002677) Muted Earnings
Oct 14Recent updates
Why Zhejiang Meida Industrial's (SZSE:002677) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 04There's No Escaping Zhejiang Meida Industrial Co., Ltd.'s (SZSE:002677) Muted Earnings
Oct 14Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Shares Could Be 48% Below Their Intrinsic Value Estimate
Sep 26The Consensus EPS Estimates For Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Just Fell Dramatically
Sep 08Here's What's Concerning About Zhejiang Meida Industrial's (SZSE:002677) Returns On Capital
Jul 16Zhejiang Meida Industrial's (SZSE:002677) Dividend Will Be Increased To CN¥0.75
May 23Zhejiang Meida Industrial's (SZSE:002677) Profits Appear To Have Quality Issues
Apr 25Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Analysts Are More Bearish Than They Used To Be
Apr 23Capital Investment Trends At Zhejiang Meida Industrial (SZSE:002677) Look Strong
Apr 04Shareholder Returns
| 002677 | CN Consumer Durables | CN Market | |
|---|---|---|---|
| 7D | -5.4% | -3.3% | -3.5% |
| 1Y | -21.4% | 26.2% | 10.9% |
Return vs Industry: 002677 underperformed the CN Consumer Durables industry which returned 26.2% over the past year.
Return vs Market: 002677 underperformed the CN Market which returned 10.9% over the past year.
Price Volatility
| 002677 volatility | |
|---|---|
| 002677 Average Weekly Movement | 6.3% |
| Consumer Durables Industry Average Movement | 8.3% |
| Market Average Movement | 8.7% |
| 10% most volatile stocks in CN Market | 12.8% |
| 10% least volatile stocks in CN Market | 5.7% |
Stable Share Price: 002677 has not had significant price volatility in the past 3 months compared to the CN market.
Volatility Over Time: 002677's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2001 | 998 | Jianlong Xu | 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
| 002677 fundamental statistics | |
|---|---|
| Market cap | CN¥5.02b |
| Earnings (TTM) | CN¥207.44m |
| Revenue (TTM) | CN¥1.07b |
24.2x
P/E Ratio4.7x
P/S RatioIs 002677 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 002677 income statement (TTM) | |
|---|---|
| Revenue | CN¥1.07b |
| Cost of Revenue | CN¥594.54m |
| Gross Profit | CN¥470.52m |
| Other Expenses | CN¥263.08m |
| Earnings | CN¥207.44m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.32 |
| Gross Margin | 44.18% |
| Net Profit Margin | 19.48% |
| Debt/Equity Ratio | 0% |
How did 002677 perform over the long term?
See historical performance and comparisonDividends
9.7%
Current Dividend Yield227%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 21:56 |
| End of Day Share Price | 2024/12/20 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 |
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| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Zhejiang Meida Industrial Co., Ltd. is covered by 13 analysts. 5 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 |
|---|---|
| Hongwei Huang | Chasing Securities |
| Wei He | China International Capital Corporation Limited |
| Dongfei Chen | China Merchants Securities Co. Ltd. |