MeiG Smart Technology Co., Ltd
SZSE:002881 Stock Report
MeiG Smart Technology Future Growth
Future criteria checks 4/6 MeiG Smart Technology is forecast to grow earnings and revenue by 33% and 19.7% per annum respectively. EPS is expected to grow by 33.3% per annum. Return on equity is forecast to be 10.4% in 3 years.
Key information
33.0%
Earnings growth rate
Communications earnings growth 36.4% Revenue growth rate 19.7% Future return on equity 10.4% Analyst coverage Good
Last updated 03 Nov 2024
Recent future growth updates
Consensus EPS estimates increase by 12% Nov 04
Consensus EPS estimates fall by 19% Sep 03
Consensus EPS estimates fall by 21% Jul 30
Consensus revenue estimates fall by 18% May 03
Price target decreased by 13% to CN¥29.41 Nov 01
Consensus EPS estimates fall by 10%, revenue upgraded Aug 09
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We Think You Should Be Aware Of Some Concerning Factors In MeiG Smart Technology's (SZSE:002881) Earnings Nov 07
Consensus EPS estimates increase by 12% Nov 04
Third quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.08 in 3Q 2023) Oct 31
New minor risk - Earnings quality Oct 16
MeiG Smart Technology Co., Ltd to Report Q3, 2024 Results on Oct 29, 2024 Sep 30
New minor risk - Share price stability Sep 07
MeiG Smart Technology (SZSE:002881) Takes On Some Risk With Its Use Of Debt Sep 03
Consensus EPS estimates fall by 19% Sep 03
MeiG Smart Technology Co., Ltd's (SZSE:002881) Low P/S No Reason For Excitement Aug 16
Consensus EPS estimates fall by 21% Jul 30
MeiG Smart Technology Co., Ltd to Report First Half, 2024 Results on Aug 29, 2024 Jun 29
Returns On Capital At MeiG Smart Technology (SZSE:002881) Paint A Concerning Picture Jun 10
MeiG Smart Technology (SZSE:002881) Has Affirmed Its Dividend Of CN¥0.10 May 23
Dividend of CN¥0.10 announced May 23
New major risk - Earnings quality May 10
New minor risk - Earnings quality May 08
Analysts Just Shaved Their MeiG Smart Technology Co., Ltd (SZSE:002881) Forecasts Dramatically May 03
Consensus revenue estimates fall by 18% May 03
Full year 2023 earnings: EPS and revenues miss analyst expectations Apr 28
MeiG Smart Technology Co., Ltd Proposes Final Cash Dividend for 2023 Apr 27
MeiG Smart Technology Co., Ltd, Annual General Meeting, May 16, 2024 Apr 26
MeiG Smart Technology Co., Ltd (SZSE:002881) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless Apr 17
Investor sentiment deteriorates as stock falls 16% Apr 16
MeiG Smart Technology Co., Ltd to Report Q1, 2024 Results on Apr 25, 2024 Mar 30
Is MeiG Smart Technology (SZSE:002881) A Risky Investment? Mar 25
MeiG Smart Technology Co., Ltd (SZSE:002881) Not Flying Under The Radar Feb 28 MeiG Smart Technology Co., Ltd (SZSE:002881) announces an Equity Buyback for CNY 50 million worth of its shares. Feb 02
Investor sentiment deteriorates as stock falls 15% Feb 01
MeiG Smart Technology Co., Ltd to Report Fiscal Year 2023 Results on Apr 25, 2024 Dec 29
New minor risk - Share price stability Nov 14
Price target decreased by 13% to CN¥29.41 Nov 01
New minor risk - Profit margin trend Sep 19
Consensus EPS estimates fall by 10%, revenue upgraded Aug 09
Investor sentiment improves as stock rises 18% Jun 05
MeiG Smart Technology Co., Ltd Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date of 02 June 2023 May 27
MeiG Smart Technology Co., Ltd Approves the Cash Dividend for the Year 2022 May 19
Investor sentiment improves as stock rises 19% May 19
Investor sentiment deteriorates as stock falls 20% Apr 26
Investor sentiment improves as stock rises 18% Mar 26
Investor sentiment deteriorates as stock falls 16% Mar 10
Less than half of directors are independent Dec 26
Price target decreased to CN¥38.35 Nov 16
Investor sentiment deteriorated over the past week Oct 24
Investor sentiment improved over the past week Aug 01
Investor sentiment improved over the past week Jun 06
Meig Smart Technology Co., Ltd Implements Cash Dividend on Share A for 2021, Payable on June 10, 2022 Jun 03
MeiG Smart Technology Co., Ltd Approves 2021 Profit Distribution Plan May 21
Investor sentiment improved over the past week May 19
Investor sentiment deteriorated over the past week Mar 15
MeiG Smart Technology Co., Ltd Approves 2020 Profit Distribution Plan May 22
Meig Smart Technology Co., Ltd Announces Final Cash Distribution Proposal for the Year 2020 Apr 29
New 90-day low: CN¥16.80 Jan 25
New 90-day low: CN¥19.41 Dec 28
New 90-day high: CN¥24.16 Nov 25
Third quarter 2020 earnings released: CN¥0.01 loss per share Nov 02
New 90-day low: CN¥20.52 Sep 28
New 90-day low - CN¥21.65 Sep 10
New 90-day low - CN¥22.32 Aug 26
MeiG Smart Technology Co., Ltd to Report First Half, 2020 Results on Aug 28, 2020 Aug 13
Earnings and Revenue Growth Forecasts SZSE:002881 - Analysts future estimates and past financials data (CNY Millions) Date Revenue Earnings Free Cash Flow Cash from Op Avg. No. Analysts 12/31/2026 4,229 201 N/A 188 5 12/31/2025 3,579 160 N/A 219 6 12/31/2024 2,864 122 N/A 158 6 9/30/2024 2,770 87 -97 -45 N/A 6/30/2024 2,430 49 -119 -64 N/A 3/31/2024 2,279 53 -58 26 N/A 12/31/2023 2,147 65 -120 -31 N/A 9/30/2023 2,066 74 -179 -76 N/A 6/30/2023 2,205 90 -210 -111 N/A 3/31/2023 2,348 121 -108 -41 N/A 1/1/2023 2,306 128 -30 32 N/A 9/30/2022 2,448 161 130 143 N/A 6/30/2022 2,392 157 93 107 N/A 3/31/2022 2,110 127 -109 -93 N/A 1/1/2022 1,969 118 -218 -200 N/A 9/30/2021 1,753 95 -172 -159 N/A 6/30/2021 1,388 61 -83 -70 N/A 3/31/2021 1,251 39 30 42 N/A 12/31/2020 1,121 27 59 68 N/A 9/30/2020 999 21 -24 -8 N/A 6/30/2020 968 26 -37 -7 N/A 3/31/2020 875 22 -29 4 N/A 12/31/2019 933 24 -6 31 N/A 9/30/2019 1,007 33 -48 -19 N/A 6/30/2019 1,104 41 -10 4 N/A 3/31/2019 1,055 42 -6 5 N/A 12/31/2018 990 47 28 37 N/A 9/30/2018 806 60 57 57 N/A 6/30/2018 679 58 N/A -3 N/A 3/31/2018 659 60 N/A -16 N/A 12/31/2017 642 56 N/A -17 N/A 9/30/2017 593 51 N/A -14 N/A 6/30/2017 517 49 N/A 2 N/A 3/31/2017 483 49 N/A 6 N/A 12/31/2016 480 47 N/A 3 N/A 12/31/2015 389 32 N/A 2 N/A 12/31/2014 303 25 N/A 12 N/A
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Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002881's forecast earnings growth (33% per year) is above the savings rate (2.8%).
Earnings vs Market: 002881's earnings (33% per year) are forecast to grow faster than the CN market (26.5% per year).
High Growth Earnings: 002881's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 002881's revenue (19.7% per year) is forecast to grow faster than the CN market (14.1% per year).
High Growth Revenue: 002881's revenue (19.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002881's Return on Equity is forecast to be low in 3 years time (10.4%).
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