YOLFTbeta
Changhong Meiling Co Ltd B

Changhong Meiling Co Ltd B

200521 · SHE · Consumer Cyclical / Furnishings, Fixtures & Appliances

2.62HKD-0.06 (-2.24%)

Price History

Full chart

Market Stats

Previous Close2.68
Open2.66
Day Range2.60 – 2.66
52-Week Range2.21 – 4.34
Volume362.51K
Market Cap2.89B
P/E (TTM)46.83
Forward P/E10.94
EPS0.06
Dividend Yield8.59%
Beta0.06
50-Day Avg2.62
200-Day Avg3.28

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-95.30M81.74M73.73M123.60M119.92M144.90M487.14M546.40M318.19M381.62M496.52M519.41M246.17M444.82M310.70M359.70M473.70M358.63M517.18M692.15M1.25B1.25B1.01B
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%4.10%4.71%4.83%2.29%3.55%1.85%2.06%2.86%2.33%2.87%3.42%5.11%4.37%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 Expense8.60M18.32M21.67M26.51M29.56M32.83M2.54M2.68M32.49M31.50M35.13M39.14M38.71M41.32M34.32M21.45M28.15M29.55M10.38M9.62M8.29M12.64M11.12M35.89M37.58M80.77M119.12M102.11M95.53M76.55M15.80M43.64M13.44M13.41M
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%2.69%2.04%1.24%0.55%0.65%0.47%0.13%0.11%0.09%0.12%0.10%0.33%0.30%0.48%0.68%0.62%0.62%0.42%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-754.91M581.93M-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, 2014Dec 3, 2014Feb 25, 2015Jun 3, 2015Sep 2, 2015Dec 2, 2015Mar 2, 2016Jun 1, 2016Jul 29, 2016Oct 18, 2016Mar 1, 2017May 31, 2017Aug 10, 2017Oct 18, 2017Mar 30, 2018Apr 18, 2018Aug 15, 2018Oct 18, 2018Mar 29, 2019Apr 20, 2019Aug 16, 2019Oct 18, 2019Mar 28, 2020Apr 18, 2020Aug 15, 2020Oct 20, 2020Apr 20, 2021Aug 18, 2021Oct 20, 2021Apr 20, 2022Aug 18, 2022Oct 25, 2022Apr 20, 2023Aug 18, 2023Oct 24, 2023Mar 30, 2024Apr 25, 2024Aug 17, 2024Oct 23, 2024Mar 28, 2025Apr 25, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate---------------------------------------------------------------------------
EPS Actual0.010.010.010.010.010.010.010.010.010.040.290.220.210.210.150.060.060.140.01-0.040.060.120.060.070.070.160.120.110.080.180.130.090.090.170.01-0.210.080.090.080.060.070.030.03-0.100.07-0.010.02-0.030.07-0.010.03-0.03-0.290.060.090.010.040.030.010.060.110.140.260.150.250.160.270.120.180.190.250.08-0.080.08-0.01
Surprise---------------------------------------------------------------------------
Timing-----------------------------------------------------------------After-hours---After-hours-----

Key Statistics & Ratios

Market Cap2.89B
Enterprise Value-7.72B
Trailing P/E46.83
Forward P/E10.94
PEG Ratio0.00
Price / Sales0.10
Price / Book0.43
EPS0.06
Book Value6.83
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 Outstanding148.19M
Shares Float661.08M
Beta0.06
Dividend Yield8.59%
Dividend Rate0.24
Payout Ratio4.34%

Dividends

20261×
0.24Jun 23, 2026
20251×
0.36Jun 11, 2025
20241×
0.33Jun 13, 2024
20231×
0.10Jun 16, 2023
20221×
0.06Jun 24, 2022
20211×
0.06Jun 11, 2021
20201×
0.05Jun 18, 2020
20191×
0.07Jun 24, 2019
20181×
0.07Jul 4, 2018
20171×
0.06Jun 7, 2017
20161×
0.07May 16, 2016
20151×
0.07Jun 10, 2015
20141×
0.08Jul 25, 2014
20131×
0.06Jul 19, 2013
20121×
0.05Aug 21, 2012
20111×
0.05Aug 10, 2011
19991×
0.07Jul 15, 1999

Stock Splits

  • Aug 21, 201212:10
  • Aug 10, 201112:10
  • Jun 24, 19971.131:1