Changhong Meiling Co Ltd

Changhong Meiling Co Ltd

000521 · SHE · Consumer Cyclical / Furnishings, Fixtures & Appliances

3.92CNY-0.04 (-1.01%)

Price History

Full chart

Market Stats

Previous Close3.96
Open3.98
Day Range3.92 – 3.99
52-Week Range4.26 – 7.00
Volume5.59M
Market Cap4.48B
P/E (TTM)87.00
Forward P/E12.64
EPS0.05
Dividend Yield4.83%
Beta0.06
50-Day Avg4.75
200-Day Avg5.71

About

Changhong Meiling Co., Ltd. engages in the research, development, and manufacturing of refrigeration appliances and washing machines in China and internationally. It operates through four segments: Air Conditioning; Refrigerator, Freezer and Washing Machine; Small Homehold Appliance; and Others. The company offers a refrigerator (freezer) lineup, which includes the household, commercial, and medical series of professional refrigerating appliances; ultra-low temperature freezers; washing machine lineup, such as the front-load washer, top-load washer, dryer, and washer and dryer combo; kitchen, household, and small home appliances; and air-conditioners, as well as white goods. It also operates research and development centers, research institutes, laboratories, and test stations. The company was formerly known as Hefei Meiling Co., Ltd. and changed its name to Changhong Meiling Company Co., Ltd. in July 2018. Changhong Meiling Company Co., Ltd. was founded in 1983 is based in Hefei, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryFurnishings, Fixtures & Appliances
  • CEOMr. Youdao Tang
  • Employees14.03K
  • HeadquartersEconomic and Technology Development Zone, Hefei, China, 230601, China
  • Websitehttps://global.meiling.com

Leadership

  • Mr. Youdao TangPresident, VP & Director · b. 1970
  • Mr. Tang ShenjieVice President · b. 1987
  • Mr. Huang HerongVice President · b. 1975
  • Mr. Zhang HaoVice President · b. 1987

Financials

Income Statement

Currency: CNY1992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue487.57M885.79M1.21B1.27B1.52B1.41B1.37B1.33B1.34B1.29B1.26B1.38B1.44B2.02B2.76B3.90B4.34B6.32B8.23B9.00B9.31B10.54B10.76B10.75B12.53B16.80B17.49B16.55B15.39B18.03B20.22B24.38B28.60B30.41B
Growth (%)-+81.68%+36.21%+5.36%+19.35%-6.82%-3.17%-3.07%+0.92%-3.46%-2.38%+9.66%+3.96%+40.55%+36.54%+41.44%+11.04%+45.86%+30.09%+9.44%+3.36%+13.24%+2.14%-0.10%+16.48%+34.09%+4.12%-5.36%-7.04%+17.19%+12.10%+20.59%+17.32%+6.32%
Cost of Revenue371.92M676.96M937.39M986.97M1.19B1.16B1.12B1.08B1.14B1.10B981.39M1.15B1.15B1.67B2.32B3.35B3.36B4.58B6.27B7.09B7.09B8.00B8.24B8.64B10.04B13.84B14.26B13.48B12.91B15.92B17.48B21.17B25.52B27.21B
Gross Profit115.65M208.83M269.10M284.23M329.07M255.93M244.53M242.22M201.68M189.71M280.49M234.29M288.71M349.19M441.74M554.54M977.44M1.75B1.96B1.92B2.21B2.54B2.52B2.11B2.49B2.96B3.23B3.08B2.48B2.11B2.73B3.20B3.09B3.19B
Gross Margin23.72%23.58%22.30%22.36%21.69%18.10%17.86%18.26%15.06%14.68%22.23%16.93%20.07%17.27%16.00%14.20%22.54%27.64%23.79%21.29%23.78%24.11%23.44%19.64%19.86%17.63%18.45%18.59%16.12%11.72%13.52%13.14%10.79%10.50%
Operating Expense60.19M105.82M139.80M152.39M159.11M161.94M173.45M170.73M195.61M463.66M276.02M418.40M274.50M343.29M431.33M539.29M955.93M1.44B1.82B1.94B2.15B2.26B2.23B2.01B2.29B2.91B3.18B3.01B2.57B2.03B2.45B2.41B2.27B2.71B
Operating Income55.46M103.01M129.30M131.84M169.96M93.98M71.08M71.49M6.07M-273.94M4.47M-184.11M14.21M5.91M10.41M15.25M21.51M303.18M135.84M-27.09M65.14M276.06M295.18M103.00M195.99M51.17M49.12M68.71M-86.70M84.65M285.90M797.71M814.57M482.68M
Operating Margin11.37%11.63%10.72%10.37%11.20%6.65%5.19%5.39%0.45%-21.19%0.35%-13.30%0.99%0.29%0.38%0.39%0.50%4.79%1.65%-0.30%0.70%2.62%2.74%0.96%1.56%0.30%0.28%0.42%-0.56%0.47%1.41%3.27%2.85%1.59%
EBITDA63.68M120.87M150.02M155.18M188.89M120.11M102.43M110.22M69.40M-277.92M83.57M-95.30M81.74M73.73M123.60M119.92M144.90M487.14M546.40M318.19M380.88M496.52M519.41M239.38M464.45M310.70M359.70M473.70M358.63M517.18M692.15M1.25B1.24B1.01B
EBITDA Margin13.06%13.65%12.43%12.21%12.45%8.50%7.48%8.31%5.18%-21.50%6.62%-6.89%5.68%3.65%4.48%3.07%3.34%7.70%6.64%3.53%4.09%4.71%4.83%2.23%3.71%1.85%2.06%2.86%2.33%2.87%3.42%5.11%4.34%3.33%
Net Income42.60M86.72M109.23M112.41M144.94M117.93M83.49M68.45M5.53M-349.55M8.11M-194.66M16.77M6.66M11.97M17.65M25.68M301.20M325.85M106.61M192.20M274.07M294.51M27.10M220.22M32.47M38.66M56.44M-85.57M51.90M244.54M735.83M699.27M410.41M
Net Income Margin8.74%9.79%9.05%8.84%9.55%8.34%6.10%5.16%0.41%-27.04%0.64%-14.07%1.17%0.33%0.43%0.45%0.59%4.76%3.96%1.18%2.07%2.60%2.74%0.25%1.76%0.19%0.22%0.34%-0.56%0.29%1.21%3.02%2.44%1.35%
R&D---------------3.69M6.39M-12.94M27.60M29.94M25.36M577.06M562.62M618.00M644.87M669.29M987.62M380.64M465.89M560.38M597.53M637.24M727.97M
R&D as % of Total Revenue---------------0.09%0.15%-0.16%0.31%0.32%0.24%5.36%5.23%4.93%3.84%3.83%5.97%2.47%2.58%2.77%2.45%2.23%2.39%
Interest Expense8.60M18.32M21.67M26.51M29.56M32.83M2.54M2.68M32.49M31.50M35.13M39.14M38.92M41.86M35.32M22.32M27.52M29.59M10.38M9.77M8.38M12.58M11.12M29.10M35.91M83.03M114.62M102.23M101.05M77.84M15.47M43.64M13.20M13.41M
Interest Expense % of Total Revenue1.76%2.07%1.80%2.09%1.95%2.32%0.19%0.20%2.43%2.44%2.78%2.83%2.71%2.07%1.28%0.57%0.63%0.47%0.13%0.11%0.09%0.12%0.10%0.27%0.29%0.49%0.66%0.62%0.66%0.43%0.08%0.18%0.05%0.04%

Balance Sheet

Currency: CNY1992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets407.87M645.95M850.49M1.30B2.20B2.33B2.43B2.55B2.53B2.26B2.30B2.25B2.36B2.44B2.37B2.94B3.39B4.79B7.12B7.60B7.89B8.52B9.01B9.07B12.51B15.96B15.56B14.20B16.10B15.19B16.20B19.39B23.97B22.30B
Total Liabilities221.40M270.08M393.44M645.23M1.09B980.19M1.04B1.14B1.15B1.23B1.26B1.39B1.49B1.56B1.48B2.01B2.31B3.44B4.37B4.75B4.90B5.31B5.57B5.65B7.34B10.80B10.43B9.09B11.14B10.20B10.66B13.20B17.50B15.81B
Total Equity186.47M375.87M457.05M654.07M1.07B1.35B1.39B1.40B1.38B1.03B1.04B840.93M856.95M863.65M875.50M912.10M1.06B1.32B2.72B2.80B2.96B3.19B3.42B3.38B5.10B5.05B5.02B5.00B4.85B4.84B5.17B5.82B6.09B6.08B
Cash-103.04M58.25M24.30M293.91M187.54M208.33M147.12M166.09M125.44M190.38M254.35M314.78M306.45M287.16M390.64M338.23M747.57M1.99B1.40B1.70B2.27B2.67B2.07B4.06B5.28B4.60B5.50B6.59B5.94B6.84B8.84B10.49B10.19B
Total Debt-196.90M289.20M483.47M688.40M408.91M426.91M462.48M448.28M527.86M660.38M669.05M648.99M679.70M453.00M481.13M355.63M202.25M254.62M159.16M184.35M195.21M437.61M312.84M599.46M1.93B2.61B1.51B1.93B1.16B880.60M1.29B868.57M-
Net Debt-93.86M230.95M459.17M394.49M221.38M218.58M315.36M282.19M402.42M470.00M414.70M334.21M373.25M165.84M90.49M17.39M-545.33M-1.73B-1.24B-1.52B-2.07B-2.23B-1.75B-3.46B-3.35B-1.98B-3.99B-4.66B-4.78B-5.96B-7.51B-9.62B-

Cash Flow

Currency: CNY1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow39.41M-19.57M57.91M-25.84M64.39M94.31M147.85M63.61M13.48M170.32M189.92M-7.39M374.07M-415.18M419.56M538.99M165.46M211.47M985.39M-551.50M-220.56M1.29B1.40B160.92M1.47B2.08B3.97B860.09M
Investing Cash Flow-36.86M-33.89M-22.04M-60.78M-96.93M26.76K-32.89M-24.18M5.62M-30.57M-116.75M533.07M-336.05M-109.96M-128.45M22.76M73.77M-548.45M-935.18M490.65M-954.92M877.04M-630.30M17.92M-506.38M-437.87M-1.70B-
Financing Cash Flow18.24M-7.76M-16.90M45.97M97.48M-30.36M-54.64M-47.76M-31.90M-27.78M-129.99M-187.45M1.20B-66.86M2.65M-44.04M156.03M-283.03M1.77B1.21B566.97M-1.27B301.27M-750.49M-754.91M581.87M-708.89M-
Capital Expenditure47.64M37.83M22.86M56.66M46.52M4.18M34.82M24.97M5.63M75.38M138.52M199.72M129.83M220.18M164.07M81.34M88.80M89.66M134.75M536.73M632.59M326.11M364.99M262.33M276.17M274.02M324.90M426.18M
Free Cash Flow-8.23M-57.40M35.05M-82.50M17.87M90.13M113.03M38.64M7.84M94.94M51.40M-207.11M244.24M-635.36M255.49M457.66M76.67M121.81M850.64M-1.09B-853.15M958.89M1.04B-101.40M1.19B1.81B3.65B433.91M
Dividends Paid2.54M43.31M2.60M33.61M35.04M153.70K34.78M41.25M31.55M22.73M30.57M28.43M13.61M36.62M39.63M43.07M64.18M54.42M67.34M104.01M128.39M62.68M52.27M51.78M51.50M116.76M332.80M366.85M
FCF to OCF-20.87%293.32%60.53%319.28%27.75%95.57%76.45%60.74%58.20%55.74%27.06%2802.59%65.29%153.03%60.89%84.91%46.33%57.60%86.33%197.32%386.81%74.62%73.99%-63.01%81.15%86.84%91.82%50.45%
Dividend Paid to FCF-30.86%-75.46%7.41%-40.74%196.08%0.17%30.77%106.75%402.23%23.94%59.48%-13.73%5.57%-5.76%15.51%9.41%83.72%44.68%7.92%-9.56%-15.05%6.54%5.03%-51.06%4.33%6.46%9.13%84.55%

Earnings

Report DateMar 31, 2007Jun 30, 2007Sep 30, 2007Dec 31, 2007Mar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008Mar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Aug 31, 2011Nov 30, 2011Feb 29, 2012May 30, 2012Aug 29, 2012Nov 28, 2012Feb 27, 2013May 29, 2013Aug 28, 2013Nov 27, 2013Feb 26, 2014May 28, 2014Sep 3, 2014Oct 17, 2014Mar 26, 2015Apr 17, 2015Aug 11, 2015Oct 15, 2015Mar 24, 2016Apr 27, 2016Jul 28, 2016Oct 17, 2016Mar 29, 2017Apr 17, 2017Aug 9, 2017Oct 17, 2017Mar 29, 2018Apr 17, 2018Aug 15, 2018Oct 17, 2018Mar 29, 2019Apr 19, 2019Aug 15, 2019Oct 17, 2019Mar 27, 2020Apr 17, 2020Aug 14, 2020Oct 19, 2020Apr 20, 2021Aug 18, 2021Oct 20, 2021Apr 20, 2022Aug 18, 2022Oct 25, 2022Apr 20, 2023Aug 17, 2023Oct 23, 2023Mar 29, 2024Apr 25, 2024Aug 17, 2024Oct 22, 2024Mar 28, 2025Apr 2, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate------------------------------0.10---0.090.03---0.05--0.02----------------------18508.00---------
EPS Actual0.010.010.010.010.010.010.010.010.010.040.260.200.190.180.130.050.050.120.01-0.030.050.100.050.050.050.120.090.090.060.140.100.070.070.140.01-0.080.070.070.070.120.060.030.01-0.080.05-0.010.01-0.030.06-0.010.03-0.02-0.260.060.080.040.030.020.010.050.100.120.230.140.240.150.250.110.160.180.230.07-0.080.07-0.01
Surprise------------------------------0.00%----88.89%-366.67%---140.00%---50.00%-----------------------100.00%---------
Timing------------------------------After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-market-------Pre-marketAfter-hoursPre-marketAfter-hours-Pre-market-Pre-market-----

Key Statistics & Ratios

Market Cap4.48B
Enterprise Value-6.59B
Trailing P/E87.00
Forward P/E12.64
PEG Ratio0.00
Price / Sales0.16
Price / Book0.77
EPS0.05
Book Value5.83
Revenue (TTM)28.47B
Gross Profit (TTM)2.55B
EBITDA258.14M
Profit Margin0.18%
Operating Margin-1.60%
Return on Equity1.02%
Return on Assets-0.37%
Shares Outstanding881.73M
Shares Float661.08M
Beta0.06
Dividend Yield4.83%
Dividend Rate0.21
Payout Ratio4.25%

Dividends

20261×
0.21Jun 23, 2026
20251×
0.33Jun 11, 2025
20241×
0.30Jun 13, 2024
20231×
0.09Jun 16, 2023
20221×
0.05Jun 24, 2022
20211×
0.05Jun 11, 2021
20201×
0.05Jun 18, 2020
20191×
0.06Jun 24, 2019
20181×
0.06Jul 4, 2018
20171×
0.06Jun 7, 2017
20161×
0.06May 16, 2016
20151×
0.06Jun 10, 2015
20141×
0.06Jul 25, 2014
20131×
0.05Jul 19, 2013
20121×
0.04Aug 21, 2012
20111×
0.04Aug 10, 2011
19991×
0.06Jul 15, 1999
19961×
0.07Sep 5, 1996
19951×
0.04Aug 24, 1995
19941×
0.01Apr 22, 1994

Stock Splits

  • Aug 21, 201212:10
  • Aug 10, 201112:10
  • Aug 27, 200711.5:10
  • Jun 24, 19971.35:1
  • Sep 5, 199611.5:10
  • Aug 24, 199511:10
  • Apr 22, 199413:10