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Shenzhen Megmeet Electrical Co Ltd

Shenzhen Megmeet Electrical Co Ltd

002851 · SHE · Industrials / Electrical Equipment & Parts

71.80CNY-6.79 (-8.64%)

Price History

Full chart

Market Stats

Previous Close78.59
Open79.34
Day Range71.62 – 79.88
52-Week Range66.68 – 189.94
Volume27.41M
Market Cap68.31B
P/E (TTM)307.29
Forward P/E0.00
EPS0.38
Dividend Yield0.03%
Beta0.81
50-Day Avg122.40
200-Day Avg122.53

About

Shenzhen Megmeet Electrical Co., LTD operates as an electrical automation company in China. The company offers power solutions, including datacenter, enclosed, display, telecom, high-voltage microwave, and electric and laser power supply solutions; industrial automation products comprising AC drive, servo and control systems, industry-specific products, encoder, internal gear pumps, and Mlink IoT; eMobility and EV infrastructure products, such as electric vehicle, charging point, railway transport, and light electric vehicle products, as well as electric scroll compressors and construction equipment. It also provides intelligent equipment, including industrial microwave equipment, intelligent digital welding machine, and intelligent oil production system of electric submersible progressing cavity pumping equipment; residential appliance control solutions comprising HVAC, household microwave, smart bidet, components of smart bidets, refrigerator solutions, and washing machines; and precision connection products, such as FFC, coaxial cables, and magnet wires.The company was founded in 2003 and is based in Shenzhen, China.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Yongsheng Tong
  • Employees8.89K
  • HeadquartersHigh-tech Zone Joint Headquarters Building, Shenzhen, China, 518052, China
  • Websitehttps://www.megmeet.com

Leadership

  • Mr. Yongsheng TongGM & Chairman · b. 1964
  • Mr. Tao WangCFO & Board Secretary · b. 1972
  • Mr. Chuchun ShenChief Technology Officer · b. 1966
  • Mr. Zhi ZhangDeputy GM & Director · b. 1969
  • Ying LuoAccounting Supervisor

Financials

Income Statement

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue364.85M518.41M764.74M722.00M530.18M634.52M812.95M1.15B1.49B2.39B3.56B3.38B4.16B5.48B6.75B8.17B9.40B
Growth (%)-+42.09%+47.52%-5.59%-26.57%+19.68%+28.12%+41.98%+29.48%+60.17%+48.71%-5.15%+23.08%+31.81%+23.30%+21.00%+15.05%
Cost of Revenue268.73M387.35M561.75M527.10M393.25M472.98M577.08M764.45M1.03B1.69B2.64B2.42B3.05B4.18B5.08B6.12B7.31B
Gross Profit96.12M131.06M202.99M194.90M136.93M161.53M235.86M389.74M468.24M705.78M921.17M958.42M1.11B1.30B1.67B2.06B2.10B
Gross Margin26.34%25.28%26.54%26.99%25.83%25.46%29.01%33.77%31.33%29.49%25.88%28.39%26.59%23.76%24.72%25.17%22.29%
Operating Expense28.41M86.09M81.05M121.91M120.82M124.36M172.95M234.48M296.76M439.33M534.65M526.28M666.27M795.25M1.04B1.60B1.85B
Operating Income67.71M44.97M121.93M73.00M16.11M37.17M62.91M155.26M171.47M266.45M386.52M432.14M438.81M506.15M632.66M456.35M247.37M
Operating Margin18.56%8.67%15.94%10.11%3.04%5.86%7.74%13.45%11.47%11.13%10.86%12.80%10.56%9.24%9.37%5.58%2.63%
EBITDA68.90M42.00M116.86M74.59M18.46M46.93M76.62M179.37M185.03M289.19M404.60M406.75M389.30M412.81M509.99M633.40M563.81M
EBITDA Margin18.88%8.10%15.28%10.33%3.48%7.40%9.42%15.54%12.38%12.08%11.37%12.05%9.37%7.54%7.55%7.75%6.00%
Net Income64.08M40.30M105.35M74.07M23.65M37.69M56.58M109.68M117.05M202.10M361.09M402.97M388.85M472.70M629.32M436.12M145.75M
Net Income Margin17.56%7.77%13.78%10.26%4.46%5.94%6.96%9.50%7.83%8.44%10.14%11.93%9.36%8.63%9.32%5.34%1.55%
R&D---64.99M73.01M76.99M96.98M126.72M176.52M251.89M335.47M367.92M460.67M632.41M770.57M984.14M1.12B
R&D as % of Total Revenue---9.00%13.77%12.13%11.93%10.98%11.81%10.52%9.42%10.90%11.09%11.55%11.41%12.04%11.94%
Interest Expense-----562.01K1.11M5.36M2.73M2.11M12.03M29.95M17.95M37.20M39.31M54.93M32.88M
Interest Expense % of Total Revenue-----0.09%0.14%0.46%0.18%0.09%0.34%0.89%0.43%0.68%0.58%0.67%0.35%

Balance Sheet

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets363.34M516.46M731.01M855.25M904.35M913.16M1.13B1.44B2.30B3.21B3.95B5.24B6.21B8.46B10.11B11.99B13.55B
Total Liabilities239.34M238.31M334.36M381.31M402.69M373.57M515.59M678.70M875.47M1.52B2.00B2.15B3.02B4.63B5.57B5.87B7.19B
Total Equity120.73M274.92M387.72M462.17M485.74M523.44M580.28M689.35M1.31B1.65B1.93B3.07B3.16B3.70B4.42B6.01B6.22B
Cash85.54M162.55M243.61M255.61M70.40M50.58M53.80M83.61M150.83M151.20M313.41M548.82M491.81M519.63M595.51M1.30B832.45M
Total Debt10.77M----15.00M20.00M101.00M25.00M27.99M80.11M131.85M229.18M1.49B1.68B1.40B-
Net Debt-74.77M-162.55M-243.61M-255.61M-70.40M-35.58M-33.80M17.39M-125.83M-123.22M-233.30M-416.98M-262.64M973.93M1.08B101.87M927.86M

Cash Flow

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow71.80M43.32M137.09M36.30M36.99M-92.80M13.93M71.59M95.68M-94.87M616.17M464.10M-113.41M-20.74M309.93M137.69M-139.33M
Investing Cash Flow-27.45M-29.45M-63.27M-21.50M-222.33M55.82M-16.16M-109.49M-485.32M132.36M-399.99M-776.54M159.65M-1.20B-291.90M-147.79M-
Financing Cash Flow-21.26M67.34M-2.73M27.94M3.69M12.23M3.22M73.35M462.04M-52.68M-97.96M592.10M-95.99M1.21B82.49M715.97M-
Capital Expenditure27.03M10.73M63.27M44.49M56.47M12.43M36.90M72.41M61.95M57.38M219.05M213.06M241.92M371.58M395.95M358.25M439.16M
Free Cash Flow44.77M32.59M73.82M-8.19M-19.48M-105.22M-22.98M-2.61M30.73M-152.25M397.13M251.04M-355.33M-392.32M-86.02M-220.56M-578.49M
Dividends Paid18.30M46.33M---320.60K801.10K4.65M1.92M28.28M40.69M75.11M85.32M79.12M38.51M132.04M58.10M
FCF to OCF62.35%75.23%53.85%-22.57%-52.66%113.39%-164.99%-3.65%32.11%160.48%64.45%54.09%313.31%1891.30%-27.76%-160.18%415.19%
Dividend Paid to FCF40.86%142.14%----0.30%-3.49%-178.16%6.25%-18.58%10.25%29.92%-24.01%-20.17%-44.77%-59.87%-10.04%

Earnings

Report DateMay 15, 2017Aug 15, 2017Nov 15, 2017Feb 27, 2018Apr 30, 2018Aug 22, 2018Oct 29, 2018Apr 26, 2019Aug 14, 2019Oct 29, 2019Apr 27, 2020Aug 26, 2020Oct 28, 2020Apr 26, 2021Aug 27, 2021Oct 25, 2021Apr 21, 2022Aug 29, 2022Oct 28, 2022Apr 28, 2023Aug 29, 2023Oct 30, 2023Apr 29, 2024Aug 30, 2024Oct 30, 2024Apr 28, 2025Aug 30, 2025Oct 30, 2025Dec 31, 2025Apr 28, 2026Aug 27, 2026
EPS Estimate-----------------------------0.14-0.140.50
EPS Actual0.040.080.090.080.060.100.140.130.220.250.120.210.160.250.230.260.150.310.160.330.430.180.260.330.180.050.120.07-0.13-0.130.13
Surprise----------------------------7.14%7.14%-74.00%
TimingAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-market-Pre-marketPre-market---After-hoursPre-market

Key Statistics & Ratios

Market Cap68.31B
Enterprise Value69.94B
Trailing P/E307.29
Forward P/E0.00
Price / Sales6.33
Price / Book7.87
EPS0.38
Book Value15.70
Revenue (TTM)10.79B
Gross Profit (TTM)2.28B
EBITDA428.95M
Profit Margin2.08%
Operating Margin3.29%
Return on Equity3.69%
Return on Assets0.75%
Shares Outstanding585.01M
Shares Float404.43M
Beta0.81
Dividend Yield0.03%
Dividend Rate0.03
Payout Ratio12.99%

Dividends

20261×
0.03Jul 24, 2026
20251×
0.05Jul 11, 2025
20241×
0.22Jul 16, 2024
20231×
0.05Jun 6, 2023
20221×
0.16Jun 21, 2022
20211×
0.17Jun 24, 2021
20201×
0.16Jun 23, 2020
20191×
0.09May 23, 2019
20181×
0.07May 22, 2018

Stock Splits

  • May 23, 20191.5:1
  • May 22, 20181.5:1