YOLFTbeta
60

Zhejiang Meilun Elevator Co Ltd

603321 · SHG · Industrials / Specialty Industrial Machinery

6.09CNY-0.14 (-2.25%)

Price History

Full chart

Market Stats

Previous Close6.23
Open6.24
Day Range6.07 – 6.27
52-Week Range5.35 – 8.70
Volume2.89M
Market Cap2.51B
P/E (TTM)72.10
Forward P/E0.00
EPS0.10
Dividend Yield0.69%
Beta0.40
50-Day Avg6.52
200-Day Avg7.13

About

Zhejiang Meilun Elevator Co., Ltd. research and development, manufactures, sells, installation, and services for elevators in China and internationally. The company offers passenger elevators, freight elevators, external shaft elevator, villa elevators, medical elevators, panoramic elevator, sightseeing elevators escalators, moving walkways, automated parking systems, and related components. It exports products to Asia, North America, South America, Oceania, Africa. Zhejiang Meilun Elevator Co., Ltd. was founded in 1978 and is based in Shaoxing, China.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Industrial Machinery
  • CEOMr. Xue Gen Qian
  • Employees711
  • HeadquartersNo. 888, Qitao Road, Shaoxing, China, 312065, China
  • Websitehttps://www.zjml.cc

Leadership

  • Mr. Xue Gen QianDeputy GM & Director · b. 1959
  • Mr. Jin QianDeputy GM & Director · b. 1995
  • Mr. Qian FuBoard Secretary & Deputy GM · b. 1987
  • Mr. Jianhua TianGeneral Manager · b. 1975
  • Junying NiAccounting Supervisor

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 Revenue798.36M821.81M862.24M780.79M731.90M737.62M736.96M725.71M1.06B1.02B955.29M811.73M677.57M
Growth (%)-+2.94%+4.92%-9.45%-6.26%+0.78%-0.09%-1.53%+46.01%-4.09%-6.00%-15.03%-16.53%
Cost of Revenue572.32M565.45M583.17M521.37M517.32M564.85M554.01M547.43M811.45M795.34M695.80M578.83M530.87M
Gross Profit226.04M256.37M279.06M259.42M214.58M172.77M182.95M178.29M248.16M220.90M259.50M232.90M146.70M
Gross Margin28.31%31.20%32.37%33.23%29.32%23.42%24.82%24.57%23.42%21.74%27.16%28.69%21.65%
Operating Expense131.98M153.02M151.12M156.11M131.37M120.07M133.54M123.70M196.40M169.60M168.21M79.13M130.59M
Operating Income94.05M103.34M127.95M103.32M83.21M52.70M49.40M54.58M51.76M51.30M91.29M153.77M16.11M
Operating Margin11.78%12.57%14.84%13.23%11.37%7.14%6.70%7.52%4.88%5.05%9.56%18.94%2.38%
EBITDA98.20M111.20M138.54M120.78M109.93M83.52M73.49M88.55M83.51M89.06M132.89M200.36M70.21M
EBITDA Margin12.30%13.53%16.07%15.47%15.02%11.32%9.97%12.20%7.88%8.76%13.91%24.68%10.36%
Net Income81.10M88.42M112.10M90.62M76.64M50.14M39.59M51.09M43.91M46.61M81.85M134.45M32.25M
Net Income Margin10.16%10.76%13.00%11.61%10.47%6.80%5.37%7.04%4.14%4.59%8.57%16.56%4.76%
R&D-37.55M31.31M30.59M26.82M26.72M28.01M30.10M39.73M41.20M39.57M33.68M32.09M
R&D as % of Total Revenue-4.57%3.63%3.92%3.66%3.62%3.80%4.15%3.75%4.05%4.14%4.15%4.74%
Interest Expense-355.42K186.66K220.13K229.65K283.75K239.83K673.64K22.84K468.48K1.70M2.48M525.34K
Interest Expense % of Total Revenue-0.04%0.02%0.03%0.03%0.04%0.03%0.09%0.00%0.05%0.18%0.31%0.08%

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 Assets765.81M878.12M942.66M970.82M1.51B1.53B1.62B1.78B1.93B1.98B2.11B2.04B2.17B
Total Liabilities524.16M544.59M524.44M468.41M504.73M507.50M557.76M675.29M812.67M835.48M909.77M784.95M685.60M
Total Equity241.65M333.54M418.22M502.41M1.00B1.03B1.06B1.10B1.12B1.14B1.19B1.23B1.44B
Cash171.97M199.91M230.61M113.57M99.83M197.07M140.57M197.42M137.87M618.18M865.12M766.72M299.46M
Total Debt--28.93M35.27M54.52M78.20M84.44M15.00M102.19M40.03M40.04M13.60M-
Net Debt-171.97M-199.91M-201.68M-78.30M-45.31M-118.87M-56.13M-182.42M-35.68M-578.15M-825.08M-753.12M-

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 Flow109.18M77.03M123.61M49.69M93.25M64.11M102.45M77.47M34.68M188.78M201.55M134.31M-31.62M
Investing Cash Flow-82.40M-61.15M-55.55M-157.33M-532.78M57.29M-148.02M-18.36M-51.95M291.89M85.40M-158.22M-
Financing Cash Flow-7.30M0-31.00M-13.55M428.03M-30.63M-9.54M17.61M-50.41M10.37M-33.23M-78.16M-
Capital Expenditure15.14M37.74M27.23M141.88M77.56M67.32M100.24M91.62M33.93M22.97M76.75M118.18M53.69M
Free Cash Flow94.04M39.30M96.39M-92.19M15.69M-3.21M2.20M-14.15M751.82K165.82M124.80M16.13M-85.31M
Dividends Paid301.45K-31.00M10.00M30.70M30.70M15.35M15.35M30.70M30.70M32.75M45.62M61.20M
FCF to OCF86.13%51.02%77.97%-185.55%16.82%-5.01%2.15%-18.26%2.17%87.83%61.92%12.01%269.81%
Dividend Paid to FCF0.32%-32.16%-10.85%195.69%-956.12%697.20%-108.49%4083.44%18.51%26.24%282.84%-71.74%

Earnings

Report DateSep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Aug 21, 2020Oct 28, 2020Dec 31, 2020Apr 28, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate-----------------------
EPS Actual0.060.040.020.090.030.010.010.060.020.03-0.010.090.040.040.010.080.030.030.010.090.050.000.03
Surprise-----------------------
Timing-----------------------

Key Statistics & Ratios

Market Cap2.51B
Enterprise Value1.75B
Trailing P/E72.10
Forward P/E0.00
Price / Sales3.42
Price / Book1.70
EPS0.10
Book Value4.22
Revenue (TTM)734.47M
Gross Profit (TTM)178.28M
EBITDA53.87M
Profit Margin6.37%
Operating Margin4.52%
Return on Equity3.36%
Return on Assets0.47%
Shares Outstanding348.02M
Shares Float141.04M
Beta0.40
Dividend Yield0.69%
Dividend Rate0.05
Payout Ratio50.00%

Dividends

20231×
0.10Jun 27, 2023
20221×
0.10Jun 21, 2022
20212×
0.05Sep 30, 20210.05Jun 16, 2021
20201×
0.05Jun 11, 2020
20191×
0.05Jun 11, 2019
20181×
0.10Jun 15, 2018