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Shenzhen MeiG Smart Technology Co Ltd

002881 · SHE · Technology / Communication Equipment

41.94CNY-0.75 (-1.76%)

Price History

Full chart

Market Stats

Previous Close42.69
Open42.98
Day Range41.73 – 43.64
52-Week Range33.81 – 53.82
Volume6.66M
Market Cap12.81B
P/E (TTM)70.60
Forward P/E0.00
EPS0.60
Dividend Yield0.24%
Beta0.72
50-Day Avg40.78
200-Day Avg42.36

About

MeiG Smart Technology Co., Ltd. engages in the research and development, production, and sale of wireless communication modules and Internet of Things solutions in China and internationally. Its products include 5G smart, 5G and 4G LTE, AI computing, automotive, smart, LPWA, and GNSS modules; and wireless data solutions for use in smart positioning and tracking, payment methods for retailers, blind spot monitoring driving, logistics, and alarm and gas alarm solutions in energy sectors. MeiG Smart Technology Co., Ltd. was formerly known as Shenzhen MeiG Smart Technology Co., Ltd and changed its name to MeiG Smart Technology Co., Ltd. in December 2017. The company was incorporated in 2007 and is headquartered in Shenzhen, China.

Company Details

  • SectorTechnology
  • IndustryCommunication Equipment
  • CEOMr. Ping Wang
  • Employees1.02K
  • HeadquartersNo.1006 Shennan Avenue, Shenzhen, China, 518026, China
  • Websitehttps://www.meigsmart.com

Leadership

  • Mr. Ping WangGM & Chairman of the Board of Directors · b. 1979
  • Mr. Guobin DuExecutive Vice Chairman · b. 1980
  • Mr. Youqing XiaCFO, Deputy GM & Executive Director · b. 1976
  • Mr. Min HuangDeputy GM, Board Secretary & Executive Director · b. 1986
  • Zhou Sheng ZhouVice Finance Manager & Accounting Supervisor
  • Mr. Kai Yin AuJoint Company Secretary

Financials

Income Statement

Currency: CNY2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue234.20M303.11M388.50M479.66M642.47M989.83M932.84M1.12B1.97B2.31B2.15B2.94B3.75B
Growth (%)-+29.42%+28.17%+23.46%+33.94%+54.07%-5.76%+20.15%+75.68%+17.11%-6.88%+36.98%+27.39%
Cost of Revenue183.88M234.59M301.18M368.21M490.04M832.44M751.46M888.50M1.61B1.90B1.75B2.46B3.22B
Gross Profit50.32M68.52M87.32M111.45M152.43M157.39M181.37M232.35M363.45M405.38M396.14M484.66M529.15M
Gross Margin21.49%22.61%22.48%23.24%23.73%15.90%19.44%20.73%18.46%17.58%18.45%16.48%14.12%
Operating Expense29.83M41.54M52.72M60.97M90.07M110.58M162.37M215.80M249.84M298.75M358.66M331.45M353.01M
Operating Income20.49M26.98M34.60M50.48M62.36M46.81M19.00M16.55M113.61M106.62M37.48M153.22M176.14M
Operating Margin8.75%8.90%8.91%10.52%9.71%4.73%2.04%1.48%5.77%4.62%1.75%5.21%4.70%
EBITDA34.60M42.92M52.40M74.43M79.06M65.26M34.83M26.84M139.77M181.93M99.59M160.32M213.97M
EBITDA Margin14.77%14.16%13.49%15.52%12.31%6.59%3.73%2.39%7.10%7.89%4.64%5.45%5.71%
Net Income17.89M24.62M31.85M46.71M56.29M46.66M24.45M27.44M118.14M127.84M64.51M135.57M142.72M
Net Income Margin7.64%8.12%8.20%9.74%8.76%4.71%2.62%2.45%6.00%5.54%3.00%4.61%3.81%
R&D-9.55M4.90M14.29M45.93M55.10M144.10M175.16M221.22M185.91M213.88M208.14M226.11M
R&D as % of Total Revenue-3.15%1.26%2.98%7.15%5.57%15.45%15.63%11.23%8.06%9.96%7.08%6.03%
Interest Expense1.84M2.18M4.19M3.92M3.49M3.91M1.99M1.71M9.76M14.16M9.00M6.57M6.99M
Interest Expense % of Total Revenue0.79%0.72%1.08%0.82%0.54%0.40%0.21%0.15%0.50%0.61%0.42%0.22%0.19%

Balance Sheet

Currency: CNY2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets341.84M312.03M433.40M473.08M815.28M897.69M784.64M978.56M1.50B1.73B2.14B2.76B2.97B
Total Liabilities240.14M166.71M251.97M244.93M322.10M368.37M235.56M396.80M811.28M906.45M664.93M1.19B1.26B
Total Equity101.70M145.32M181.43M228.15M493.18M529.32M549.08M581.76M689.26M819.42M1.48B1.57B1.70B
Cash6.30M3.18M11.06M17.74M97.56M106.23M155.67M217.75M191.25M85.12M148.51M349.88M311.43M
Total Debt9.34M20.90M60.64M81.38M56.05M69.49M15.00M20.00M331.15M414.61M14.32M354.02M-
Net Debt3.04M17.72M49.58M63.63M-41.52M-36.75M-140.67M-197.75M139.91M329.49M-117.72M4.15M74.45M

Cash Flow

Currency: CNY2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow38.96M11.82M1.58M3.40M-16.96M36.70M30.85M68.45M-199.61M31.82M-31.31M-129.89M32.49M
Investing Cash Flow-140.75M-26.02M8.59M-9.85M-107.11M-24.90M79.84M-34.73M-31.06M-153.41M-98.39M16.76M-
Financing Cash Flow106.71M11.09M-7.43M15.12M207.36M-15.43M-55.17M30.79M201.76M16.81M191.33M306.47M-
Capital Expenditure140.80M25.96M13.33M9.85M7.73M8.65M36.84M9.68M18.10M61.51M88.42M27.52M46.06M
Free Cash Flow-101.83M-14.14M-11.76M-6.45M-24.70M28.05M-5.99M58.77M-217.71M-29.69M-119.73M-157.41M-13.57M
Dividends Paid1.63M1.46M2.16M1.97M2.57M13.56M4.90M3.63M3.65M24.81M32.26M26.49M42.22M
FCF to OCF-261.35%-119.64%-746.50%-190.03%145.59%76.44%-19.42%85.86%109.07%-93.29%382.37%121.19%-41.75%
Dividend Paid to FCF-1.60%-10.34%-18.35%-30.53%-10.39%48.32%-81.74%6.17%-1.67%-83.57%-26.95%-16.83%-311.23%

Earnings

Report DateJun 30, 2017Sep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Apr 28, 2020Aug 28, 2020Oct 31, 2020Dec 31, 2020Apr 27, 2021Aug 26, 2021Oct 28, 2021Dec 31, 2021Apr 7, 2022Aug 15, 2022Oct 27, 2022Dec 31, 2022Apr 25, 2023Aug 30, 2023Oct 30, 2023Apr 24, 2024Aug 28, 2024Oct 28, 2024Apr 11, 2025Aug 28, 2025Oct 28, 2025Mar 30, 2026Apr 30, 2026Aug 27, 2026
EPS Estimate-----------------------------------
EPS Actual0.040.040.130.100.030.040.080.030.030.010.040.020.06-0.010.060.070.130.140.160.100.270.150.030.020.120.080.020.100.220.180.140.110.110.150.20
Surprise-----------------------------------
Timing-----------Pre-marketPre-marketAfter-hours-Pre-marketAfter-hoursPre-market-Pre-marketAfter-hoursPre-market-Pre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-market-----

Key Statistics & Ratios

Market Cap12.81B
Enterprise Value12.40B
Trailing P/E70.60
Forward P/E0.00
Price / Sales3.30
Price / Book5.01
EPS0.60
Book Value9.16
Revenue (TTM)3.89B
Gross Profit (TTM)618.69M
EBITDA259.85M
Profit Margin4.23%
Operating Margin8.38%
Return on Equity7.46%
Return on Assets3.59%
Shares Outstanding262.13M
Shares Float164.22M
Beta0.72
Dividend Yield0.24%
Dividend Rate0.10
Payout Ratio17.35%

Dividends

20261×
0.10Jul 21, 2026
20251×
0.13May 30, 2025
20241×
0.10May 27, 2024
20231×
0.10Jun 2, 2023
20221×
0.14Jun 10, 2022
20211×
0.02Jun 11, 2021
20201×
0.02May 29, 2020
20191×
0.02Jun 6, 2019
20181×
0.05Jun 5, 2018

Stock Splits

  • Jun 10, 20221.3:1
  • Jun 5, 20181.7:1