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Zhejiang Meida Industrial SZSE:002677 Stock Report

Last Price

CN¥7.65

Market Cap

CN¥4.8b

7D

1.1%

1Y

-26.7%

Updated

20 Nov, 2024

Data

Company Financials +

Zhejiang Meida Industrial Co., Ltd.

SZSE:002677 Stock Report

Market Cap: CN¥4.8b

002677 Stock Overview

Engages in the research and development, manufacture, and sale of household kitchen appliances primarily integrated stove products in China. More details

002677 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance1/6
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¥7.65
52 Week HighCN¥10.63
52 Week LowCN¥6.21
Beta0.60
11 Month Change4.94%
3 Month Change10.39%
1 Year Change-26.65%
33 Year Change-52.28%
5 Year Change-42.35%
Change since IPO118.18%

Recent News & Updates

Why Zhejiang Meida Industrial's (SZSE:002677) Shaky Earnings Are Just The Beginning Of Its Problems

Nov 04
Why Zhejiang Meida Industrial's (SZSE:002677) Shaky Earnings Are Just The Beginning Of Its Problems

There's No Escaping Zhejiang Meida Industrial Co., Ltd.'s (SZSE:002677) Muted Earnings

Oct 14
There's No Escaping Zhejiang Meida Industrial Co., Ltd.'s (SZSE:002677) Muted Earnings

Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Shares Could Be 48% Below Their Intrinsic Value Estimate

Sep 26
Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Shares Could Be 48% Below Their Intrinsic Value Estimate

Recent updates

Why Zhejiang Meida Industrial's (SZSE:002677) Shaky Earnings Are Just The Beginning Of Its Problems

Nov 04
Why Zhejiang Meida Industrial's (SZSE:002677) Shaky Earnings Are Just The Beginning Of Its Problems

There's No Escaping Zhejiang Meida Industrial Co., Ltd.'s (SZSE:002677) Muted Earnings

Oct 14
There's No Escaping Zhejiang Meida Industrial Co., Ltd.'s (SZSE:002677) Muted Earnings

Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Shares Could Be 48% Below Their Intrinsic Value Estimate

Sep 26
Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Shares Could Be 48% Below Their Intrinsic Value Estimate

The Consensus EPS Estimates For Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Just Fell Dramatically

Sep 08
The Consensus EPS Estimates For Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Just Fell Dramatically

Here's What's Concerning About Zhejiang Meida Industrial's (SZSE:002677) Returns On Capital

Jul 16
Here's What's Concerning About Zhejiang Meida Industrial's (SZSE:002677) Returns On Capital

Zhejiang Meida Industrial's (SZSE:002677) Dividend Will Be Increased To CN¥0.75

May 23
Zhejiang Meida Industrial's (SZSE:002677) Dividend Will Be Increased To CN¥0.75

Zhejiang Meida Industrial's (SZSE:002677) Profits Appear To Have Quality Issues

Apr 25
Zhejiang Meida Industrial's (SZSE:002677) Profits Appear To Have Quality Issues

Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Analysts Are More Bearish Than They Used To Be

Apr 23
Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Analysts Are More Bearish Than They Used To Be

Capital Investment Trends At Zhejiang Meida Industrial (SZSE:002677) Look Strong

Apr 04
Capital Investment Trends At Zhejiang Meida Industrial (SZSE:002677) Look Strong

Shareholder Returns

002677CN Consumer DurablesCN Market
7D1.1%-2.8%-4.1%
1Y-26.7%16.6%3.8%

Return vs Industry: 002677 underperformed the CN Consumer Durables industry which returned 16.6% over the past year.

Return vs Market: 002677 underperformed the CN Market which returned 3.8% over the past year.

Price Volatility

Is 002677's price volatile compared to industry and market?
002677 volatility
002677 Average Weekly Movement5.3%
Consumer Durables Industry Average Movement7.9%
Market Average Movement8.2%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.6%

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 (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001998Jianlong Xuwww.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?
002677 fundamental statistics
Market capCN¥4.83b
Earnings (TTM)CN¥207.44m
Revenue (TTM)CN¥1.07b

23.8x

P/E Ratio

4.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002677 income statement (TTM)
RevenueCN¥1.07b
Cost of RevenueCN¥594.54m
Gross ProfitCN¥470.52m
Other ExpensesCN¥263.08m
EarningsCN¥207.44m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.32
Gross Margin44.18%
Net Profit Margin19.48%
Debt/Equity Ratio0%

How did 002677 perform over the long term?

See historical performance and comparison

Dividends

9.8%

Current Dividend Yield

227%

Payout Ratio