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MeiG Smart Technology Co., LtdXSEC:002881 Stock Report

Market Cap CN¥12.8b
Share Price
CN¥48.99
My Fair Value
CN¥56.97
14.0% undervalued intrinsic discount
1Y105.1%
7D1.5%
Portfolio Value
View

MeiG Smart Technology Co., Ltd

XSEC:002881 Stock Report

Market Cap: CN¥12.8b

MeiG Smart Technology (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

002881 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance4/6
Financial Health4/6
Dividends1/6

002881 Community Fair Values

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MeiG Smart Technology Co., Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for MeiG Smart Technology
Historical stock prices
Current Share PriceCN¥48.99
52 Week HighCN¥73.00
52 Week LowCN¥22.06
Beta0.41
1 Month Change-1.57%
3 Month Change9.01%
1 Year Change105.06%
3 Year Changen/a
5 Year Changen/a
Change since IPO61.58%

Recent News & Updates

Recent updates

Shareholder Returns

002881CN CommunicationsCN Market
7D1.5%-0.2%1.8%
1Y105.1%71.3%24.1%

Return vs Industry: 002881 exceeded the CN Communications industry which returned 71.3% over the past year.

Return vs Market: 002881 exceeded the CN Market which returned 24.1% over the past year.

Price Volatility

Is 002881's price volatile compared to industry and market?
002881 volatility
002881 Average Weekly Movement5.6%
Communications Industry Average Movement5.8%
Market Average Movement5.2%
10% most volatile stocks in CN Market9.0%
10% least volatile stocks in CN Market3.0%

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 (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007911Ping Wangwww.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

How do MeiG Smart Technology's earnings and revenue compare to its market cap?
002881 fundamental statistics
Market capCN¥12.83b
Earnings (TTM)CN¥186.26m
Revenue (TTM)CN¥3.52b
68.9x
P/E Ratio
3.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002881 income statement (TTM)
RevenueCN¥3.52b
Cost of RevenueCN¥3.00b
Gross ProfitCN¥518.82m
Other ExpensesCN¥332.56m
EarningsCN¥186.26m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Oct 28, 2025

Earnings per share (EPS)0.71
Gross Margin14.73%
Net Profit Margin5.29%
Debt/Equity Ratio31.0%

How did 002881 perform over the long term?

See historical performance and comparison

Dividends

0.3%
Current Dividend Yield
18%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/06 06:57
End of Day Share Price 2025/09/30 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

MeiG Smart Technology Co., Ltd is covered by 8 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Liangbi ZhaoChina Galaxy Securities Co., Ltd.
Jingyu ZhuChina International Capital Corporation Limited
Heran LiCitic Securities Co., Ltd.