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Meter Instruments SZSE:301006 Stock Report

Last Price

CN¥15.09

Market Cap

CN¥2.1b

7D

-1.4%

1Y

-12.7%

Updated

22 Dec, 2024

Data

Company Financials

Meter Instruments Co., Ltd.

SZSE:301006 Stock Report

Market Cap: CN¥2.1b

My Notes

Capture your thoughts, links and company narrative

Meter Instruments Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Meter Instruments
Historical stock prices
Current Share PriceCN¥15.09
52 Week HighCN¥19.11
52 Week LowCN¥9.22
Beta0.44
1 Month Change4.72%
3 Month Change20.82%
1 Year Change-12.72%
3 Year Change-34.93%
5 Year Changen/a
Change since IPO-52.47%

Recent News & Updates

Meter Instruments' (SZSE:301006) Weak Earnings May Only Reveal A Part Of The Whole Picture

Nov 04
Meter Instruments' (SZSE:301006) Weak Earnings May Only Reveal A Part Of The Whole Picture

Recent updates

Meter Instruments' (SZSE:301006) Weak Earnings May Only Reveal A Part Of The Whole Picture

Nov 04
Meter Instruments' (SZSE:301006) Weak Earnings May Only Reveal A Part Of The Whole Picture

Benign Growth For Meter Instruments Co., Ltd. (SZSE:301006) Underpins Its Share Price

Sep 11
Benign Growth For Meter Instruments Co., Ltd. (SZSE:301006) Underpins Its Share Price

Meter Instruments (SZSE:301006) Is Paying Out Less In Dividends Than Last Year

Jul 05
Meter Instruments (SZSE:301006) Is Paying Out Less In Dividends Than Last Year

Investors Aren't Buying Meter Instruments Co., Ltd.'s (SZSE:301006) Earnings

Apr 29
Investors Aren't Buying Meter Instruments Co., Ltd.'s (SZSE:301006) Earnings

Shareholder Returns

301006CN ElectronicCN Market
7D-1.4%1.6%-1.2%
1Y-12.7%21.3%11.8%

Return vs Industry: 301006 underperformed the CN Electronic industry which returned 21.3% over the past year.

Return vs Market: 301006 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 301006's price volatile compared to industry and market?
301006 volatility
301006 Average Weekly Movement11.4%
Electronic Industry Average Movement9.9%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 301006's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 301006's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
2006464Wei Zhangwww.njmeter.cn

Meter Instruments Co., Ltd. research, develops, produces, and sells water meter. It offers ultrasonic water meters, ultrasonic heat meters, smart flow meters, data concentrators, balancing and control valves, and fire hydrant flowmeter products. The company was founded in 2006 and is based in Nanjing, China.

Meter Instruments Co., Ltd. Fundamentals Summary

How do Meter Instruments's earnings and revenue compare to its market cap?
301006 fundamental statistics
Market capCN¥2.08b
Earnings (TTM)CN¥68.62m
Revenue (TTM)CN¥329.52m

30.4x

P/E Ratio

6.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
301006 income statement (TTM)
RevenueCN¥329.52m
Cost of RevenueCN¥154.78m
Gross ProfitCN¥174.74m
Other ExpensesCN¥106.12m
EarningsCN¥68.62m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.50
Gross Margin53.03%
Net Profit Margin20.82%
Debt/Equity Ratio0%

How did 301006 perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

61%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 07:36
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Meter Instruments Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution