Hefei Meyer Optoelectronic Technology Inc. Logo

Hefei Meyer Optoelectronic Technology Inc.

002690.SZ

(2.8)
Stock Price

15,22 CNY

23.04% ROA

25.49% ROE

22.62x PER

Market Cap.

14.054.405.852,00 CNY

5.02% DER

4.05% Yield

28.23% NPM

Hefei Meyer Optoelectronic Technology Inc. Stock Analysis

Hefei Meyer Optoelectronic Technology Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Hefei Meyer Optoelectronic Technology Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (28.31%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a minimal amount of debt (0%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

5 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

6 Net Profit Growth

This company's net profit has consistently grown over the past three years, showcasing a positive financial trend and making it an appealing investment opportunity.

7 Buffet Intrinsic Value

The company's stock seems undervalued (49) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

8 PBV

The stock's elevated P/BV ratio (6.4x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

9 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

Hefei Meyer Optoelectronic Technology Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Hefei Meyer Optoelectronic Technology Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Hefei Meyer Optoelectronic Technology Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Hefei Meyer Optoelectronic Technology Inc. Revenue
Year Revenue Growth
2008 262.375.268
2009 330.834.656 20.69%
2010 334.834.269 1.19%
2011 449.817.006 25.56%
2012 518.122.351 13.18%
2013 567.554.914 8.71%
2014 661.175.052 14.16%
2015 840.910.891 21.37%
2016 901.173.625 6.69%
2017 1.093.940.166 17.62%
2018 1.239.718.222 11.76%
2019 1.500.778.300 17.39%
2020 1.495.969.217 -0.32%
2021 1.812.878.651 17.48%
2022 2.117.255.683 14.38%
2023 2.759.394.389 23.27%
2023 2.407.176.690 -14.63%
2024 2.376.387.208 -1.3%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Hefei Meyer Optoelectronic Technology Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2008 0
2009 0 0%
2010 0 0%
2011 0 0%
2012 31.373.975 100%
2013 35.271.030 11.05%
2014 40.904.494 13.77%
2015 55.373.864 26.13%
2016 51.801.713 -6.9%
2017 53.853.267 3.81%
2018 65.790.598 18.14%
2019 91.946.392 28.45%
2020 104.305.741 11.85%
2021 123.433.231 15.5%
2022 122.571.611 -0.7%
2023 148.359.247 17.38%
2023 143.341.010 -3.5%
2024 129.411.964 -10.76%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Hefei Meyer Optoelectronic Technology Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2008 28.185.776
2009 28.887.630 2.43%
2010 39.484.980 26.84%
2011 55.444.080 28.78%
2012 10.531.956 -426.44%
2013 10.124.592 -4.02%
2014 10.715.145 5.51%
2015 12.092.859 11.39%
2016 10.547.335 -14.65%
2017 11.990.909 12.04%
2018 15.231.323 21.27%
2019 15.747.809 3.28%
2020 18.031.993 12.67%
2021 24.794.920 27.28%
2022 48.282.922 48.65%
2023 201.154.018 76%
2023 42.695.683 -371.13%
2024 5.832.032 -632.09%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Hefei Meyer Optoelectronic Technology Inc. EBITDA
Year EBITDA Growth
2008 49.590.327
2009 85.156.440 41.77%
2010 105.642.826 19.39%
2011 131.293.438 19.54%
2012 154.473.850 15.01%
2013 244.352.971 36.78%
2014 315.646.480 22.59%
2015 361.630.160 12.72%
2016 278.422.764 -29.89%
2017 444.060.594 37.3%
2018 539.447.067 17.68%
2019 655.379.373 17.69%
2020 527.560.122 -24.23%
2021 594.629.481 11.28%
2022 783.785.556 24.13%
2023 1.004.672.790 21.99%
2023 786.667.430 -27.71%
2024 673.301.360 -16.84%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Hefei Meyer Optoelectronic Technology Inc. Gross Profit
Year Gross Profit Growth
2008 109.403.976
2009 145.340.552 24.73%
2010 177.273.991 18.01%
2011 231.940.726 23.57%
2012 269.154.907 13.83%
2013 319.482.316 15.75%
2014 381.120.707 16.17%
2015 446.985.818 14.74%
2016 474.658.994 5.83%
2017 582.040.188 18.45%
2018 681.048.533 14.54%
2019 832.203.370 18.16%
2020 775.112.359 -7.37%
2021 927.256.319 16.41%
2022 1.121.552.509 17.32%
2023 1.431.576.422 21.66%
2023 1.214.996.295 -17.83%
2024 1.180.902.788 -2.89%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Hefei Meyer Optoelectronic Technology Inc. Net Profit
Year Net Profit Growth
2008 71.383.365
2009 95.745.732 25.44%
2010 150.396.705 36.34%
2011 132.547.937 -13.47%
2012 168.576.283 21.37%
2013 207.998.425 18.95%
2014 250.983.720 17.13%
2015 289.423.747 13.28%
2016 309.333.296 6.44%
2017 364.665.064 15.17%
2018 447.882.865 18.58%
2019 544.557.807 17.75%
2020 438.188.941 -24.27%
2021 511.088.538 14.26%
2022 730.112.737 30%
2023 867.492.806 15.84%
2023 744.834.380 -16.47%
2024 684.089.200 -8.88%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Hefei Meyer Optoelectronic Technology Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2008 0
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 100%
2023 1 0%
2024 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Hefei Meyer Optoelectronic Technology Inc. Free Cashflow
Year Free Cashflow Growth
2008 43.213.980
2009 98.275.634 56.03%
2010 76.503.805 -28.46%
2011 67.595.856 -13.18%
2012 116.010.371 41.73%
2013 154.836.307 25.08%
2014 198.294.354 21.92%
2015 125.423.496 -58.1%
2016 316.583.505 60.38%
2017 436.083.743 27.4%
2018 374.448.602 -16.46%
2019 411.810.235 9.07%
2020 322.995.512 -27.5%
2021 477.161.570 32.31%
2022 240.104.394 -98.73%
2023 -28.468.221 943.41%
2023 646.817.863 104.4%
2024 237.700.650 -172.11%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Hefei Meyer Optoelectronic Technology Inc. Operating Cashflow
Year Operating Cashflow Growth
2008 66.145.862
2009 122.959.173 46.21%
2010 147.877.277 16.85%
2011 140.452.114 -5.29%
2012 144.390.708 2.73%
2013 194.623.233 25.81%
2014 215.590.409 9.73%
2015 140.730.980 -53.19%
2016 331.051.725 57.49%
2017 441.721.173 25.05%
2018 423.424.211 -4.32%
2019 501.590.313 15.58%
2020 415.362.285 -20.76%
2021 578.600.272 28.21%
2022 315.953.616 -83.13%
2023 0 0%
2023 680.478.062 100%
2024 233.835.716 -191.01%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Hefei Meyer Optoelectronic Technology Inc. Capital Expenditure
Year Capital Expenditure Growth
2008 22.931.882
2009 24.683.539 7.1%
2010 71.373.471 65.42%
2011 72.856.258 2.04%
2012 28.380.337 -156.71%
2013 39.786.926 28.67%
2014 17.296.055 -130.03%
2015 15.307.483 -12.99%
2016 14.468.219 -5.8%
2017 5.637.429 -156.65%
2018 48.975.608 88.49%
2019 89.780.077 45.45%
2020 92.366.772 2.8%
2021 101.438.702 8.94%
2022 75.849.222 -33.74%
2023 28.468.221 -166.43%
2023 33.660.199 15.42%
2024 -3.864.934 970.91%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Hefei Meyer Optoelectronic Technology Inc. Equity
Year Equity Growth
2008 487.649.420
2009 551.265.769 11.54%
2010 300.862.475 -83.23%
2011 398.785.412 24.56%
2012 1.374.666.140 70.99%
2013 1.524.478.443 9.83%
2014 1.703.526.901 10.51%
2015 1.925.909.732 11.55%
2016 2.034.687.733 5.35%
2017 2.196.546.019 7.37%
2018 2.309.269.143 4.88%
2019 2.383.518.284 3.12%
2020 2.295.920.813 -3.82%
2021 2.505.260.055 8.36%
2022 2.649.221.170 5.43%
2023 2.759.078.140 3.98%
2023 2.587.382.122 -6.64%
2024 2.367.836.914 -9.27%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Hefei Meyer Optoelectronic Technology Inc. Assets
Year Assets Growth
2008 541.034.285
2009 631.874.309 14.38%
2010 613.714.357 -2.96%
2011 518.216.184 -18.43%
2012 1.516.622.896 65.83%
2013 1.678.141.956 9.62%
2014 1.882.198.095 10.84%
2015 2.173.095.222 13.39%
2016 2.334.154.439 6.9%
2017 2.742.756.512 14.9%
2018 2.711.629.754 -1.15%
2019 2.768.971.041 2.07%
2020 2.859.167.501 3.15%
2021 3.252.645.512 12.1%
2022 3.314.919.654 1.88%
2023 3.424.730.365 3.21%
2023 3.256.184.231 -5.18%
2024 2.966.998.041 -9.75%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Hefei Meyer Optoelectronic Technology Inc. Liabilities
Year Liabilities Growth
2008 53.384.864
2009 80.608.539 33.77%
2010 312.851.881 74.23%
2011 119.430.772 -161.95%
2012 141.956.755 15.87%
2013 153.663.513 7.62%
2014 178.671.193 14%
2015 247.185.490 27.72%
2016 299.466.705 17.46%
2017 546.210.491 45.17%
2018 402.360.611 -35.75%
2019 385.452.756 -4.39%
2020 563.246.688 31.57%
2021 747.385.456 24.64%
2022 665.698.483 -12.27%
2023 633.734.960 -5.04%
2023 668.802.109 5.24%
2024 569.728.743 -17.39%

Hefei Meyer Optoelectronic Technology Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.71
Net Income per Share
0.76
Price to Earning Ratio
22.62x
Price To Sales Ratio
5.92x
POCF Ratio
22.94
PFCF Ratio
22.36
Price to Book Ratio
6.41
EV to Sales
5.47
EV Over EBITDA
18.7
EV to Operating CashFlow
19.63
EV to FreeCashFlow
20.66
Earnings Yield
0.04
FreeCashFlow Yield
0.04
Market Cap
14,05 Bil.
Enterprise Value
12,98 Bil.
Graham Number
6.81
Graham NetNet
1.48

Income Statement Metrics

Net Income per Share
0.76
Income Quality
0.99
ROE
0.25
Return On Assets
0.23
Return On Capital Employed
0.26
Net Income per EBT
0.87
EBT Per Ebit
1.21
Ebit per Revenue
0.27
Effective Tax Rate
0.13

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0.07
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.5
Operating Profit Margin
0.27
Pretax Profit Margin
0.33
Net Profit Margin
0.28

Dividends

Dividend Yield
0.04
Dividend Yield %
4.05
Payout Ratio
0.92
Dividend Per Share
0.7

Operating Metrics

Operating Cashflow per Share
0.75
Free CashFlow per Share
0.72
Capex to Operating CashFlow
0.05
Capex to Revenue
0.01
Capex to Depreciation
3.3
Return on Invested Capital
0.22
Return on Tangible Assets
0.23
Days Sales Outstanding
92.29
Days Payables Outstanding
84.15
Days of Inventory on Hand
141.53
Receivables Turnover
3.96
Payables Turnover
4.34
Inventory Turnover
2.58
Capex per Share
0.04

Balance Sheet

Cash per Share
1,36
Book Value per Share
2,73
Tangible Book Value per Share
2.67
Shareholders Equity per Share
2.7
Interest Debt per Share
0.14
Debt to Equity
0.05
Debt to Assets
0.04
Net Debt to EBITDA
-1.54
Current Ratio
4.08
Tangible Asset Value
2,34 Bil.
Net Current Asset Value
1,68 Bil.
Invested Capital
2232278907
Working Capital
1,70 Bil.
Intangibles to Total Assets
0.02
Average Receivables
0,58 Bil.
Average Payables
0,25 Bil.
Average Inventory
472625404
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Hefei Meyer Optoelectronic Technology Inc. Dividends
Year Dividends Growth
2013 0
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%
2024 1 0%

Hefei Meyer Optoelectronic Technology Inc. Profile

About Hefei Meyer Optoelectronic Technology Inc.

Hefei Meyer Optoelectronic Technology Inc. researches, develops, and sells optical sorting and X-ray inspection technologies. The company offers rice, tea, wheat and corn, grain, nuts, cashew, peanuts, beans, and plastic color sorters, as well as belt and chute sorters. It also provides X-ray inspection machines for canned food, dehydrated vegetable, frozen food, meat, mushroom, seafood, shoes/clothes/bags, snacks, and tire inspection, as well as security inspection. In addition, the company offers double layer, pre-sale, helpdesk, onsite, warranty, spare parts, and training services. It primarily serves agricultural products processing, industrial inspection, and healthcare industries in approximately 100 countries. Hefei Meyer Optoelectronic Technology Inc. was founded in 1993 and is based in Hefei, China.

CEO
Ms. Haibin Shen
Employee
1.387
Address
No. 668, Wangjiang West Road
Hefei, 230088

Hefei Meyer Optoelectronic Technology Inc. Executives & BODs

Hefei Meyer Optoelectronic Technology Inc. Executives & BODs
# Name Age
1 Mr. Xianjin Hao
Director
70
2 Mr. Tingchao Guo
Deputy General Manager
70
3 Mr. Zhiwei Qi
Deputy General Manager
70
4 Mr. Sheng Xiang
Deputy General Manager
70
5 Mr. Jianjun Zhang
Deputy General Manager
70
6 Mr. Kai Chen
Financial Director
70
7 Mr. Xiaohong Cheng
Secretary of the Board of Directors
70
8 Ms. Haibin Shen
GM & Vice Chairman
70
9 Mr. Ming Wu
Deputy General Manager
70
10 Mr. Zhengshan Xi
Deputy General Manager
70

Hefei Meyer Optoelectronic Technology Inc. Competitors