2881 Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 1/6 |
MeiG Smart Technology Co., Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥20.97 |
| 52 Week High | CN¥38.95 |
| 52 Week Low | CN¥15.95 |
| Beta | 0.39 |
| 1 Month Change | -11.59% |
| 3 Month Change | -3.72% |
| 1 Year Change | -26.42% |
| 3 Year Change | 35.29% |
| 5 Year Change | 51.03% |
| Change since IPO | 259.25% |
Recent News & Updates
MeiG Smart Technology Co., Ltd (SZSE:002881) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless
Apr 17
Is MeiG Smart Technology (SZSE:002881) A Risky Investment?
Mar 25MeiG Smart Technology Co., Ltd (SZSE:002881) Not Flying Under The Radar
Feb 28Shareholder Returns
| 2881 | CN Communications | CN Market | |
|---|---|---|---|
| 7D | 0.9% | -0.05% | -0.3% |
| 1Y | -26.4% | -2.7% | -14.6% |
Return vs Industry: 002881 underperformed the CN Communications industry which returned -3% over the past year.
Return vs Market: 002881 underperformed the CN Market which returned -14.4% over the past year.
Price Volatility
| 2881 volatility | |
|---|---|
| 2881 Average Weekly Movement | 9.5% |
| Communications Industry Average Movement | 11.1% |
| Market Average Movement | 8.7% |
| 10% most volatile stocks in CN Market | 12.7% |
| 10% least volatile stocks in CN Market | 5.2% |
Stable Share Price: 002881's share price has been volatile over the past 3 months.
Volatility Over Time: 002881's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 1,041 | 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
| 2881 fundamental statistics | |
|---|---|
| Market cap | CN¥5.44b |
| Earnings (TTM) | CN¥74.09m |
| Revenue (TTM) | CN¥2.07b |
73.4x
P/E Ratio2.6x
P/S RatioIs 2881 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2881 income statement (TTM) | |
|---|---|
| Revenue | CN¥2.07b |
| Cost of Revenue | CN¥1.68b |
| Gross Profit | CN¥388.37m |
| Other Expenses | CN¥314.28m |
| Earnings | CN¥74.09m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.29 |
| Gross Margin | 18.80% |
| Net Profit Margin | 3.59% |
| Debt/Equity Ratio | 4.9% |
How did 2881 perform over the long term?
See historical performance and comparison