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Meter Instruments SZSE:301006 Stock Report

Last Price

CN¥10.88

Market Cap

CN¥1.5b

7D

2.9%

1Y

-48.3%

Updated

02 Aug, 2024

Data

Company Financials

Meter Instruments Co., Ltd.

SZSE:301006 Stock Report

Market Cap: CN¥1.5b

Meter Instruments Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Meter Instruments
Historical stock prices
Current Share PriceCN¥10.88
52 Week HighCN¥22.00
52 Week LowCN¥9.22
Beta0.099
11 Month Change-5.56%
3 Month Change-18.81%
1 Year Change-48.26%
33 Year Change-66.45%
5 Year Changen/a
Change since IPO-65.73%

Recent News & Updates

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

Recent updates

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
7D2.9%4.4%3.0%
1Y-48.3%-11.0%-19.9%

Return vs Industry: 301006 underperformed the CN Electronic industry which returned -11% over the past year.

Return vs Market: 301006 underperformed the CN Market which returned -19.9% over the past year.

Price Volatility

Is 301006's price volatile compared to industry and market?
301006 volatility
301006 Average Weekly Movement5.2%
Electronic Industry Average Movement6.4%
Market Average Movement5.7%
10% most volatile stocks in CN Market8.9%
10% least volatile stocks in CN Market3.9%

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

Volatility Over Time: 301006's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006464Weiguo Sunwww.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¥1.55b
Earnings (TTM)CN¥78.62m
Revenue (TTM)CN¥332.54m

19.3x

P/E Ratio

4.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
301006 income statement (TTM)
RevenueCN¥332.54m
Cost of RevenueCN¥158.72m
Gross ProfitCN¥173.83m
Other ExpensesCN¥95.21m
EarningsCN¥78.62m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 30, 2024

Earnings per share (EPS)0.56
Gross Margin52.27%
Net Profit Margin23.64%
Debt/Equity Ratio0%

How did 301006 perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

53%

Payout Ratio
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