002881 Stock Overview
Engages in the research and development, production, and sale of Internet of Things terminals, and wireless communication modules and solutions in China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 4/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 1/6 |
Rewards
Risk Analysis
No risks detected for 002881 from our risk checks.
MeiG Smart Technology Co., Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥24.30 |
| 52 Week High | CN¥31.08 |
| 52 Week Low | CN¥15.95 |
| Beta | 0.50 |
| 11 Month Change | 1.55% |
| 3 Month Change | 22.29% |
| 1 Year Change | -20.61% |
| 33 Year Change | -37.83% |
| 5 Year Change | 24.13% |
| Change since IPO | 316.30% |
Recent News & Updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In MeiG Smart Technology's (SZSE:002881) Earnings
Nov 07
MeiG Smart Technology (SZSE:002881) Takes On Some Risk With Its Use Of Debt
Sep 03MeiG Smart Technology Co., Ltd's (SZSE:002881) Low P/S No Reason For Excitement
Aug 16Returns On Capital At MeiG Smart Technology (SZSE:002881) Paint A Concerning Picture
Jun 10MeiG Smart Technology (SZSE:002881) Has Affirmed Its Dividend Of CN¥0.10
May 23Analysts Just Shaved Their MeiG Smart Technology Co., Ltd (SZSE:002881) Forecasts Dramatically
May 03MeiG Smart Technology Co., Ltd (SZSE:002881) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless
Apr 17Is MeiG Smart Technology (SZSE:002881) A Risky Investment?
Mar 25MeiG Smart Technology Co., Ltd (SZSE:002881) Not Flying Under The Radar
Feb 28Shareholder Returns
| 002881 | CN Communications | CN Market | |
|---|---|---|---|
| 7D | -10.3% | -4.7% | -3.9% |
| 1Y | -20.6% | 15.0% | 4.0% |
Return vs Industry: 002881 underperformed the CN Communications industry which returned 15% over the past year.
Return vs Market: 002881 underperformed the CN Market which returned 4% over the past year.
Price Volatility
| 002881 volatility | |
|---|---|
| 002881 Average Weekly Movement | 7.6% |
| Communications Industry Average Movement | 10.3% |
| Market Average Movement | 8.2% |
| 10% most volatile stocks in CN Market | 12.5% |
| 10% least volatile stocks in CN Market | 5.6% |
Stable Share Price: 002881 has not had significant price volatility in the past 3 months compared to the CN market.
Volatility Over Time: 002881's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 928 | Ping Wang | www.meigsmart.com |
MeiG Smart Technology Co., Ltd. engages in the research and development, production, and sale of Internet of Things terminals, and wireless communication modules and solutions in China and internationally. The company’s products include 5G smart modules, 5G and 4G LTE modules, NB-IoT Modules, GNSS, smart, and automotive modules; and wireless data solutions for use in smart positioning and tracking, payment methods for retailers, blind spot monitoring driving, logistics, and alarm solutions in energy fields. The company was formerly known as Shenzhen MeiG Smart Technology Co., Ltd and changed its name to MeiG Smart Technology Co., Ltd.
MeiG Smart Technology Co., Ltd Fundamentals Summary
| 002881 fundamental statistics | |
|---|---|
| Market cap | CN¥6.33b |
| Earnings (TTM) | CN¥87.20m |
| Revenue (TTM) | CN¥2.77b |
72.5x
P/E Ratio2.3x
P/S RatioIs 002881 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 002881 income statement (TTM) | |
|---|---|
| Revenue | CN¥2.77b |
| Cost of Revenue | CN¥2.32b |
| Gross Profit | CN¥450.41m |
| Other Expenses | CN¥363.21m |
| Earnings | CN¥87.20m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.33 |
| Gross Margin | 16.26% |
| Net Profit Margin | 3.15% |
| Debt/Equity Ratio | 8.5% |
How did 002881 perform over the long term?
See historical performance and comparison