company background image
2849 logo

Zhejiang Viewshine Intelligent MeterLtd SZSE:002849 Stock Report

Last Price

CN¥13.87

Market Cap

CN¥3.1b

7D

2.8%

1Y

0.1%

Updated

02 May, 2024

Data

Company Financials

Zhejiang Viewshine Intelligent Meter Co.,Ltd

SZSE:002849 Stock Report

Market Cap: CN¥3.1b

2849 Stock Overview

Zhejiang Viewshine Intelligent Meter Co.,Ltd primarily engages in research, development, manufacture, and sale of ultrasonic gas and water meters, and intelligent gas/water information system platforms and terminals in China and internationally.

2849 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Zhejiang Viewshine Intelligent Meter Co.,Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Viewshine Intelligent MeterLtd
Historical stock prices
Current Share PriceCN¥13.87
52 Week HighCN¥22.90
52 Week LowCN¥9.68
Beta0.24
1 Month Change-13.31%
3 Month Change7.69%
1 Year Change0.14%
3 Year Change77.17%
5 Year Change31.11%
Change since IPO67.40%

Recent News & Updates

There May Be Some Bright Spots In Zhejiang Viewshine Intelligent MeterLtd's (SZSE:002849) Earnings

May 01
There May Be Some Bright Spots In Zhejiang Viewshine Intelligent MeterLtd's (SZSE:002849) Earnings

Zhejiang Viewshine Intelligent MeterLtd (SZSE:002849) Will Want To Turn Around Its Return Trends

Apr 08
Zhejiang Viewshine Intelligent MeterLtd (SZSE:002849) Will Want To Turn Around Its Return Trends

Recent updates

There May Be Some Bright Spots In Zhejiang Viewshine Intelligent MeterLtd's (SZSE:002849) Earnings

May 01
There May Be Some Bright Spots In Zhejiang Viewshine Intelligent MeterLtd's (SZSE:002849) Earnings

Zhejiang Viewshine Intelligent MeterLtd (SZSE:002849) Will Want To Turn Around Its Return Trends

Apr 08
Zhejiang Viewshine Intelligent MeterLtd (SZSE:002849) Will Want To Turn Around Its Return Trends

There's Reason For Concern Over Zhejiang Viewshine Intelligent Meter Co.,Ltd's (SZSE:002849) Massive 30% Price Jump

Mar 07
There's Reason For Concern Over Zhejiang Viewshine Intelligent Meter Co.,Ltd's (SZSE:002849) Massive 30% Price Jump

Shareholder Returns

2849CN ElectronicCN Market
7D2.8%4.6%3.1%
1Y0.1%-5.8%-13.1%

Return vs Industry: 002849 exceeded the CN Electronic industry which returned -5.8% over the past year.

Return vs Market: 002849 exceeded the CN Market which returned -13.1% over the past year.

Price Volatility

Is 2849's price volatile compared to industry and market?
2849 volatility
2849 Average Weekly Movement11.7%
Electronic Industry Average Movement10.2%
Market Average Movement8.6%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 002849's share price has been volatile over the past 3 months.

Volatility Over Time: 002849's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
2005802Huabing Huangwww.viewshine.cn

Zhejiang Viewshine Intelligent Meter Co.,Ltd primarily engages in research, development, manufacture, and sale of ultrasonic gas and water meters, and intelligent gas/water information system platforms and terminals in China and internationally. The company offers residential and commercial ultrasonic gas and water meters, diaphragm gas meters, industrial RTU IoT products, and industrial NB-IoT and GPRS gas meters. It also provides gas and water cloud software solutions, including Viewshine Enhanced Metering and Reading Cloud system, a cloud-based smart water and gas reading and management system; and auxiliary devices comprising valve controllers, concentrators, gateways, HHUs, and repeaters.

Zhejiang Viewshine Intelligent Meter Co.,Ltd Fundamentals Summary

How do Zhejiang Viewshine Intelligent MeterLtd's earnings and revenue compare to its market cap?
2849 fundamental statistics
Market capCN¥3.06b
Earnings (TTM)CN¥52.57m
Revenue (TTM)CN¥1.22b

58.2x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2849 income statement (TTM)
RevenueCN¥1.22b
Cost of RevenueCN¥806.43m
Gross ProfitCN¥416.83m
Other ExpensesCN¥364.26m
EarningsCN¥52.57m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.24
Gross Margin34.08%
Net Profit Margin4.30%
Debt/Equity Ratio12.8%

How did 2849 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

9%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.