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.
My Notes
Capture your thoughts, links and company narrative
MeiG Smart Technology Co., Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥28.98 |
| 52 Week High | CN¥30.86 |
| 52 Week Low | CN¥15.95 |
| Beta | 0.52 |
| 1 Month Change | 14.14% |
| 3 Month Change | 42.20% |
| 1 Year Change | 12.72% |
| 3 Year Change | -12.55% |
| 5 Year Change | 32.75% |
| Change since IPO | 396.48% |
Recent News & Updates
Improved Revenues Required Before MeiG Smart Technology Co., Ltd (SZSE:002881) Shares Find Their Feet
Dec 17
We Think You Should Be Aware Of Some Concerning Factors In MeiG Smart Technology's (SZSE:002881) Earnings
Nov 07Recent updates
Improved Revenues Required Before MeiG Smart Technology Co., Ltd (SZSE:002881) Shares Find Their Feet
Dec 17We Think You Should Be Aware Of Some Concerning Factors In MeiG Smart Technology's (SZSE:002881) Earnings
Nov 07MeiG 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 | 1.6% | 1.7% | -3.5% |
| 1Y | 12.7% | 28.9% | 10.9% |
Return vs Industry: 002881 underperformed the CN Communications industry which returned 28.9% over the past year.
Return vs Market: 002881 exceeded the CN Market which returned 10.9% over the past year.
Price Volatility
| 002881 volatility | |
|---|---|
| 002881 Average Weekly Movement | 7.4% |
| Communications Industry Average Movement | 10.7% |
| 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: 002881 has not had significant price volatility in the past 3 months compared to the CN market.
Volatility Over Time: 002881's weekly volatility (7%) 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¥7.54b |
| Earnings (TTM) | CN¥87.20m |
| Revenue (TTM) | CN¥2.77b |
86.5x
P/E Ratio2.7x
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 comparisonDividends
0.3%
Current Dividend Yield30%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 03:24 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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
MeiG Smart Technology Co., Ltd is covered by 8 analysts. 6 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 |
|---|---|
| Liangbi Zhao | China Galaxy Securities Co., Ltd. |
| Jingyu Zhu | China International Capital Corporation Limited |
| Kai Liu | Everbright Securities Co. Ltd. |