002745.SHE MLS Co Ltd
- Market cap
- CNY 15.5B
- P/E
- -
- P/B
- 1.23x
- ROE
- 9.8%
- Dividend yield
- 0.83%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002745.SHE undervalued?
Graham numberThe Graham number of MLS 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?
MLS Co Ltd fundamental analysis
No fundamental analysis for MLS Co Ltd yet.
MLS Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About MLS Co Ltd
MLS Co., Ltd., together with its subsidiaries, manufactures light-emitting diode products in China and internationally. The company offers LED beads, filament, and chip, as well as backlight series and ceramic package; LED display beads-indoor and outdoor, as well as display module; AC/DC power adapter, LED lighting driver power series, and traditional and fast charger series; and LED bulb, tube, and strip, as well as rail light, magnetic lamp, downlight, ceiling light, chan…
Full company profileMLS 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.
MLS 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 | 5.52B | 8.17B | 18.0B | 19.0B | 17.4B | 18.6B | 16.5B | 17.5B | 16.9B | 17.4B | 19.8B |
| Gross Profit | 1.34B | 1.71B | 4.52B | 5.52B | 4.67B | 6.04B | 4.28B | 5.00B | 4.60B | 4.53B | 5.60B |
| Operating Income | 551M | 816M | 1.03B | 822M | 765M | 1.57B | 240M | 927M | 604M | 394M | 1.13B |
| EBITDA | 1.15B | 1.74B | 2.85B | 2.57B | 2.49B | 3.13B | 1.51B | 1.82B | 1.60B | -218M | 1.47B |
| Net Income | 473M | 669M | 720M | 492M | 302M | 1.16B | 194M | 430M | 374M | -1.48B | 1.19B |
| EPS | 0.48 | 0.63 | 0.60 | 0.38 | 0.22 | 0.78 | 0.13 | 0.29 | 0.25 | -1.00 | 0.80 |
| Balance Sheet | |||||||||||
| Total Assets | 13.9B | 18.9B | 32.0B | 34.8B | 30.8B | 28.8B | 24.9B | 24.4B | 23.4B | 22.9B | 26.0B |
| Total Liabilities | 8.55B | 13.0B | 22.4B | 24.4B | 18.3B | 15.5B | 11.4B | 10.6B | 10.6B | 11.2B | 13.2B |
| Shareholders' Equity | 5.25B | 5.88B | 9.56B | 10.3B | 12.5B | 13.2B | 13.4B | 13.7B | 12.7B | 11.6B | 12.2B |
| Cash & Short-term Investments | 3.88B | 3.25B | 6.51B | 9.15B | 6.43B | 5.56B | 3.96B | 4.68B | 4.10B | 4.38B | 4.63B |
| Total Debt | 2.33B | 3.56B | 8.54B | 12.0B | 8.96B | 5.27B | 3.19B | 378M | 652M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 508M | 1.09B | 295M | 773M | 1.47B | 4.01B | 164M | 1.98B | 1.86B | 937M | - |
| Capital Expenditure | 1.62B | 2.16B | 1.98B | 1.08B | 1.70B | 883M | 519M | 562M | 1.08B | 525M | 1.12B |
| Free Cash Flow | -1.12B | -1.07B | -1.69B | -302M | -229M | 3.13B | -355M | 1.42B | 781M | 412M | 884M |
| Ratios | |||||||||||
| ROE | 9.0% | 11.4% | 7.5% | 4.8% | 2.4% | 8.8% | 1.4% | 3.1% | 2.9% | -12.8% | 9.8% |
| ROA | 3.4% | 3.5% | 2.2% | 1.4% | 1.0% | 4.0% | 0.8% | 1.8% | 1.6% | -6.4% | 4.6% |
| Net Profit Margin | 8.6% | 8.2% | 4.0% | 2.6% | 1.7% | 6.2% | 1.2% | 2.5% | 2.2% | -8.5% | 6.0% |
| Debt to Equity | 0.44x | 0.60x | 0.89x | 1.16x | 0.72x | 0.40x | 0.24x | 0.03x | 0.05x | - | - |
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.
MLS Co Ltd dividends
- Dividend yield
- 0.83%
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Jul 16, 2025
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 128M | 0.09 | - |
| 2024 | CNY 1.09B | 0.74 | 292.9% |
| 2023 | CNY 148M | 0.10 | 34.5% |
| 2022 | CNY 205M | 0.14 | 105.6% |
| 2021 | CNY 187M | 0.13 | 16.1% |
| 2020 | CNY 192M | 0.14 | 63.5% |
| 2019 | CNY 166M | 0.13 | 33.8% |
| 2018 | CNY 541M | 0.45 | 75.1% |
| 2017 | CNY 254M | 0.24 | 38.1% |
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: 2:1 on Apr 11, 2018.
Who owns MLS Co Ltd
- Insiders 44.90%
- Institutions 3.78%
- Public & others 51.32%
- Shares outstanding 1.48B
- Free float 861M
MLS Co Ltd company profile
- Company name
- MLS Co Ltd
- Ticker
- 002745.SHE
- ISIN
- CNE100001X19
- Exchange
- Shenzhen Stock Exchange
- Sector
- Technology
- Industry
- Semiconductors & Semiconductor Equipment
- Employees
- 16,032
- Fiscal year end
- December
- Address
- No. 1, Mulinsen Avenue, Zhongshan, China, 528415
- Phone
- 86 760 8982 8888
- Website
- mls-co.cn
About MLS Co Ltd
MLS Co., Ltd., together with its subsidiaries, manufactures light-emitting diode products in China and internationally. The company offers LED beads, filament, and chip, as well as backlight series and ceramic package; LED display beads-indoor and outdoor, as well as display module; AC/DC power adapter, LED lighting driver power series, and traditional and fast charger series; and LED bulb, tube, and strip, as well as rail light, magnetic lamp, downlight, ceiling light, chandelier, and switch products. It also provides magnetic track, wall washer, grille, linear, panel, pendant, and fan lights; rail, aluminum, and PC spotlights, as well as ultra-thin downlights, industrial and mining lamps, and floodlight; microcrystalline, grille, and kindergarten classroom lights, as well as blackboard light; and track spotlights, sensor ceiling light, flexible LED strip, outline lights, and cleanroom lamp. In addition, the company offers handheld UV sterilizer, forest oxygen bar, ceiling-mounted forest oxygen bar, mini air oxygen bar, public space situational awareness device, healthy ceiling deodorizer, multifunctional air purifier, negative ion oxygen generator, air sterilizer, and healthy wall-mounted fresh air system; and intelligent seedling raising factory, circulating intelligent seedling equipment, plant growing compartment, freely combinable planting pot racks, soilless cultivation intelligent system, hydroponic vegetables, grain and forage planting, and mushroom cultivation products. It sells its products under the MLS, Mulinsen, LEDVANCE, Forest Lighting, Guangyuan Shijia, and Kongjing Shijie brand names. The company exports its products. MLS Co., Ltd., was founded in 1997 and is headquartered in Zhongshan, China.
MLS Co Ltd management
5- Mr. Qing Huan SunChairman & GM · born 1973
- Mr. Guo Qing TangExecutive General Manager · born 1956
- Mr. Li Hong ZhouVice Chairman & Deputy GM · born 1971
- Mr. Guan Qun LiDirector, CFO, Secretary & Deputy GM · born 1975
- Bao Zhen WangAccounting Supervisor