YOLFTbeta
Zhejiang Meili High Technology Co Ltd

Zhejiang Meili High Technology Co Ltd

300611 · SHE · Industrials / Tools & Accessories

19.91CNY-0.19 (-0.95%)

Price History

Full chart

Market Stats

Previous Close20.10
Open20.26
Day Range19.80 – 20.64
52-Week Range22.20 – 37.12
Volume4.49M
Market Cap5.77B
P/E (TTM)32.55
Forward P/E0.00
EPS0.84
Dividend Yield0.55%
Beta0.26
50-Day Avg25.18
200-Day Avg26.42

About

Zhejiang Meili High Technology Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of high-end spring products in China and internationally. The company offers stabilizer bars and other automotive components; auto suspension system springs, body and interior springs, powertrain springs, general-purpose springs, various elastic devices, and precision injection molded parts; valve springs for power systems, transmission diaphragm springs, and spring assemblies; spring and injection molding parts assembly for automotive interior decoration; automotive rear door springs and clutch arc springs; hot coiling heavy springs; and general springs. It also engages in road transport; general equipment manufacturing; and commerce and trade activities. The company serves various industries, including automotive, construction machinery, aerospace, power electrical systems, nuclear power, valves, and robotics. Zhejiang Meili High Technology Co., Ltd. was founded in 1990 and is headquartered in Shaoxing, China.

Company Details

  • SectorIndustrials
  • IndustryTools & Accessories
  • CEOMr. Zhu Jun Zhang
  • Employees2.10K
  • HeadquartersNo. 1 Wenhua Road, Shaoxing, China, 312500, China
  • Websitehttps://www.meilisprings.com

Leadership

  • Mr. Zhu Jun ZhangGM & Director · b. 1974
  • Ms. Yuqi LiangBoard Secretary · b. 1993
  • Ms. Guolian WangDeputy General Manager · b. 1971

Financials

Income Statement

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue147.25M189.48M236.71M297.71M359.23M401.50M545.09M601.49M673.61M816.82M1.09B1.38B1.60B2.01B
Growth (%)-+28.68%+24.92%+25.77%+20.67%+11.77%+35.76%+10.35%+11.99%+21.26%+33.13%+26.56%+16.52%+25.48%
Cost of Revenue92.46M115.50M142.39M182.23M226.26M268.69M403.25M434.29M503.55M651.64M940.01M1.13B1.29B1.53B
Gross Profit54.79M73.98M94.31M115.48M132.98M132.81M141.84M167.20M170.06M165.18M147.38M246.72M317.89M482.95M
Gross Margin37.21%39.04%39.84%38.79%37.02%33.08%26.02%27.80%25.25%20.22%13.55%17.93%19.82%24.00%
Operating Expense39.73M47.26M52.42M60.87M68.83M76.41M119.65M143.15M125.04M149.88M192.29M208.96M206.70M276.25M
Operating Income15.06M26.72M41.89M54.61M64.14M56.40M22.19M24.05M45.02M15.30M-44.90M37.76M111.19M206.71M
Operating Margin10.23%14.10%17.70%18.34%17.86%14.05%4.07%4.00%6.68%1.87%-4.13%2.74%6.93%10.27%
EBITDA20.45M45.18M59.55M73.13M80.63M73.75M66.40M81.18M105.88M95.23M82.35M166.94M239.04M301.87M
EBITDA Margin13.89%23.85%25.16%24.56%22.44%18.37%12.18%13.50%15.72%11.66%7.57%12.13%14.91%15.00%
Net Income16.71M27.40M37.47M47.87M55.35M47.65M19.92M18.08M40.25M22.09M-37.63M40.70M106.69M145.90M
Net Income Margin11.35%14.46%15.83%16.08%15.41%11.87%3.65%3.01%5.97%2.70%-3.46%2.96%6.65%7.25%
R&D-9.22M11.81M12.74M4.82M16.31M27.18M33.89M40.86M50.21M49.61M51.35M67.69M85.05M
R&D as % of Total Revenue-4.87%4.99%4.28%1.34%4.06%4.99%5.63%6.07%6.15%4.56%3.73%4.22%4.23%
Interest Expense4.79M6.19M6.12M2.62M732.84K130.71K8.26M12.08M11.19M20.94M27.34M20.37M18.23M20.01M
Interest Expense % of Total Revenue3.25%3.27%2.59%0.88%0.20%0.03%1.52%2.01%1.66%2.56%2.51%1.48%1.14%0.99%

Balance Sheet

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets229.95M296.89M377.97M460.45M579.27M855.24M1.02B1.09B1.18B1.84B1.97B2.11B2.17B2.66B
Total Liabilities109.06M154.24M147.60M92.74M157.39M182.80M360.38M472.67M530.22M931.57M894.39M1.03B998.46M1.31B
Total Equity121.06M143.47M231.02M369.17M424.16M675.29M662.17M620.61M653.13M799.44M987.60M992.44M1.09B1.27B
Cash9.40M14.07M21.93M46.00M50.93M87.60M77.14M83.76M59.06M142.75M189.52M220.48M192.93M433.43M
Total Debt71.88M81.88M62.88M10.00M35.98M12.00M182.30M287.92M264.86M585.41M495.15M651.43M488.91M-
Net Debt62.48M67.81M40.95M-36.00M-14.95M-75.60M105.16M204.16M205.80M442.67M305.62M430.95M295.98M169.76M

Cash Flow

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-24.16M27.79M52.67M72.04M14.84M35.37M65.68M82.63M27.69M73.54M102.41M133.56M301.23M
Investing Cash Flow-27.60M-34.50M-44.14M-56.24M-82.80M-160.87M-148.87M-80.69M-73.04M-338.93M-136.98M-90.57M-116.17M-
Financing Cash Flow2.56M17.14M13.99M27.74M23.29M179.65M96.61M24.01M-45.14M408.16M100.02M11.31M-55.04M-
Capital Expenditure27.71M35.54M44.23M56.44M82.95M137.73M82.77M84.15M74.44M148.08M155.20M70.17M102.93M171.99M
Free Cash Flow-27.71M-11.38M-16.45M-3.77M-10.91M-122.89M-47.40M-18.48M8.19M-120.39M-81.66M32.24M30.63M129.24M
Dividends Paid4.87M9.82M7.05M2.48M1.12M23.11M25.69M8.94M8.67M10.41M8.87M6.32M27.74M44.99M
FCF to OCF--47.08%-59.19%-7.16%-15.14%-828.32%-134.03%-28.13%9.91%-434.81%-111.04%31.48%22.93%42.91%
Dividend Paid to FCF-17.56%-86.34%-42.85%-65.73%-10.30%-18.80%-54.20%-48.38%105.86%-8.64%-10.87%19.59%90.57%34.81%

Earnings

Report DateMar 31, 2017Jun 30, 2017Sep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Apr 24, 2020Aug 7, 2020Oct 27, 2020Dec 31, 2020Apr 24, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Jun 30, 2023Oct 25, 2023Dec 31, 2023Apr 18, 2024Aug 26, 2024Oct 24, 2024Mar 28, 2025Apr 25, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate--------------------------------------
EPS Actual0.070.050.060.080.050.070.03-0.040.050.030.05-0.03-0.010.100.090.050.070.040.05-0.030.01-0.080.02-0.140.040.050.050.050.080.150.150.140.160.220.170.140.080.47
Surprise--------------------------------------
Timing--------------------------After-hours-Pre-marketPre-marketAfter-hoursPre-marketPre-market-----

Key Statistics & Ratios

Market Cap5.77B
Enterprise Value7.87B
Trailing P/E32.55
Forward P/E0.00
Price / Sales1.80
Price / Book4.64
EPS0.84
Book Value6.17
Revenue (TTM)3.20B
Gross Profit (TTM)665.63M
EBITDA404.84M
Profit Margin5.69%
Operating Margin7.54%
Return on Equity14.31%
Return on Assets4.28%
Shares Outstanding211.07M
Shares Float123.19M
Beta0.26
Dividend Yield0.55%
Dividend Rate0.15
Payout Ratio17.44%

Dividends

20261×
0.15Jun 4, 2026
20251×
0.12May 15, 2025
20241×
0.05May 27, 2024
20231×
0.03Jul 7, 2023
20221×
0.05Jul 15, 2022
20211×
0.06Jul 9, 2021
20201×
0.05Jul 8, 2020
20191×
0.05Jul 10, 2019
20181×
0.10Jul 6, 2018
20171×
0.13Jun 9, 2017

Stock Splits

  • Jun 9, 201720:10