002677.SHE Zhejiang Meida Industrial Co Ltd
- Market cap
- CNY 3.84B
- P/E
- -
- P/B
- 2.52x
- ROE
- -0.8%
- Dividend yield
- 5.04%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002677.SHE undervalued?
Graham numberThe Graham number of Zhejiang Meida Industrial Co Ltd cannot be estimated reliably (it needs positive earnings and book value).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Zhejiang Meida Industrial Co Ltd fundamental analysis
No fundamental analysis for Zhejiang Meida Industrial Co Ltd yet.
Zhejiang Meida Industrial Co Ltd stock price
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About Zhejiang Meida Industrial Co Ltd
Zhejiang Meida Industrial Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of household kitchen appliances in China. The company offers integrated stoves, kitchen cabinets, electric steamers, integrated sinks, dishwashers, water heaters and purifiers, gas water heaters, steam and electric ovens, all-in-one steam-bake machines, all-in-one steam-bake-fryer and stew machines, and whole-house water purification systems, as wel…
Full company profileZhejiang Meida Industrial Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Zhejiang Meida Industrial Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 666M | 1.03B | 1.40B | 1.68B | 1.77B | 2.16B | 1.83B | 1.67B | 877M | 454M | 274M |
| Gross Profit | 363M | 549M | 718M | 901M | 934M | 1.12B | 809M | 785M | 355M | 170M | 85.2M |
| Operating Income | 241M | 359M | 446M | 535M | 635M | 775M | 529M | 544M | 126M | 15.0M | -35.1M |
| EBITDA | 272M | 396M | 481M | 572M | 696M | 833M | 590M | 607M | 184M | 72.8M | -16.3M |
| Net Income | 203M | 305M | 378M | 460M | 544M | 665M | 452M | 464M | 110M | 11.5M | -11.9M |
| EPS | 0.32 | 0.48 | 0.59 | 0.71 | 0.84 | 1.03 | 0.70 | 0.72 | 0.17 | 0.02 | -0.02 |
| Balance Sheet | |||||||||||
| Total Assets | 1.40B | 1.68B | 1.78B | 1.99B | 2.18B | 2.36B | 2.28B | 2.33B | 1.88B | 1.62B | 1.56B |
| Total Liabilities | 247M | 367M | 416M | 468M | 475M | 405M | 314M | 304M | 227M | 152M | 114M |
| Shareholders' Equity | 1.15B | 1.31B | 1.37B | 1.52B | 1.70B | 1.95B | 1.97B | 2.03B | 1.65B | 1.47B | 1.45B |
| Cash & Short-term Investments | 370M | 865M | 839M | 799M | 1.01B | 1.15B | 1.10B | 1.29B | 920M | 630M | 619M |
| Total Debt | 64.1M | 61.7M | 50.8M | 27.8M | 3.26M | 1.67M | 4.76M | 1.66M | 3.64M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 267M | 448M | 442M | 543M | 634M | 619M | 370M | 583M | 107M | 33.3M | - |
| Capital Expenditure | 46.1M | 103M | 292M | 280M | 70.3M | 63.2M | 26.2M | 11.2M | 3.88M | 7.12M | 11.9M |
| Free Cash Flow | 220M | 346M | 150M | 264M | 564M | 555M | 344M | 572M | 103M | 26.2M | -26.6M |
| Ratios | |||||||||||
| ROE | 17.6% | 23.3% | 27.7% | 30.3% | 31.9% | 34.1% | 23.0% | 22.9% | 6.7% | 0.8% | -0.8% |
| ROA | 14.5% | 18.2% | 21.2% | 23.2% | 25.0% | 28.2% | 19.8% | 19.9% | 5.9% | 0.7% | -0.8% |
| Net Profit Margin | 30.4% | 29.7% | 26.9% | 27.3% | 30.7% | 30.7% | 24.7% | 27.8% | 12.6% | 2.5% | -4.3% |
| Debt to Equity | 0.06x | 0.05x | 0.04x | 0.02x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Zhejiang Meida Industrial Co Ltd dividends
- Dividend yield
- 5.04%
- Forward dividend
- 0.02 CNY
- Payout ratio
- 1,679.2%
- Ex-dividend date
- Jun 22, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 194M | 0.30 | 1,679.2% |
| 2024 | CNY 485M | 0.75 | 438.8% |
| 2023 | CNY 401M | 0.62 | 86.3% |
| 2022 | CNY 426M | 0.66 | 94.3% |
| 2021 | CNY 388M | 0.60 | 58.3% |
| 2020 | CNY 350M | 0.54 | 64.4% |
| 2019 | CNY 304M | 0.47 | 66.0% |
| 2018 | CNY 299M | 0.47 | 79.2% |
| 2017 | CNY 198M | 0.31 | 65.0% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 16:10 on Jun 16, 2016.
Who owns Zhejiang Meida Industrial Co Ltd
- Insiders 61.11%
- Institutions 1.01%
- Public & others 37.89%
- Shares outstanding 646M
- Free float 320M
Zhejiang Meida Industrial Co Ltd company profile
- Company name
- Zhejiang Meida Industrial Co Ltd
- Ticker
- 002677.SHE
- ISIN
- CNE100001DR1
- Exchange
- Shenzhen Stock Exchange
- Listed since
- May 25, 2012
- Sector
- Consumer Cyclical
- Industry
- Household Durables
- Employees
- 571
- Fiscal year end
- December
- Address
- No. 81 Tanqiao, Haining, China, 314416
- Phone
- 86 57 3878 12399
- Website
- meida.com
About Zhejiang Meida Industrial Co Ltd
Zhejiang Meida Industrial Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of household kitchen appliances in China. The company offers integrated stoves, kitchen cabinets, electric steamers, integrated sinks, dishwashers, water heaters and purifiers, gas water heaters, steam and electric ovens, all-in-one steam-bake machines, all-in-one steam-bake-fryer and stew machines, and whole-house water purification systems, as well as whole-house home customization; and support services. It also provides whole-house customized door, wall, cabinet, and electrical integration solutions. Zhejiang Meida Industrial Co., Ltd. was incorporated in 2001 and is headquartered in Haining, China.
Zhejiang Meida Industrial Co Ltd management
5- Mr. Jianlong XuGM & Director · born 1964
- Ms. Xu HongSecretary of the Board & Non-Independent Director · born 1973
- Mr. NA NADeputy General Manager · born 1978
- Mr. Yuqiang ShenDeputy General Manager · born 1983
- Xiaoting YangAccounting Supervisor