002851.SHE Shenzhen Megmeet Electrical Co Ltd
- Market cap
- CNY 42.2B
- P/E
- 104.5x
- P/B
- 5.15x
- ROE
- 7.0%
- Dividend yield
- 0.14%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002851.SHE undervalued?
Graham numberThe Graham number of Shenzhen Megmeet Electrical Co Ltd cannot be estimated reliably (the estimate is too far from the market price).
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?
Shenzhen Megmeet Electrical Co Ltd fundamental analysis
No fundamental analysis for Shenzhen Megmeet Electrical Co Ltd yet.
Shenzhen Megmeet Electrical Co Ltd stock price
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About Shenzhen Megmeet Electrical Co Ltd
Shenzhen Megmeet Electrical Co., LTD operates as an electrical automation company in China. The company offers power solutions, including datacenter, enclosed, display, telecom, high-voltage microwave, and electric and laser power supply solutions; industrial automation products comprising AC drive, servo and control systems, industry-specific products, encoder, internal gear pumps, and Mlink IoT; eMobility and EV infrastructure products, such as electric vehicle, charging p…
Full company profileShenzhen Megmeet Electrical 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.
Shenzhen Megmeet Electrical 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 | 1.15B | 1.49B | 2.39B | 3.56B | 3.38B | 4.16B | 5.48B | 6.75B | 8.17B | 9.40B | 12.0B |
| Gross Profit | 390M | 468M | 706M | 921M | 958M | 1.11B | 1.30B | 1.67B | 2.06B | 2.10B | 2.51B |
| Operating Income | 155M | 171M | 266M | 387M | 432M | 439M | 506M | 633M | 456M | 247M | 418M |
| EBITDA | 179M | 185M | 289M | 405M | 407M | 389M | 413M | 510M | 633M | 564M | 658M |
| Net Income | 110M | 117M | 202M | 361M | 403M | 389M | 473M | 629M | 436M | 146M | 616M |
| EPS | 0.37 | 0.31 | 0.47 | 0.78 | 0.84 | 0.78 | 0.94 | 1.16 | 0.83 | 0.26 | 1.05 |
| Balance Sheet | |||||||||||
| Total Assets | 1.44B | 2.30B | 3.21B | 3.95B | 5.24B | 6.21B | 8.46B | 10.1B | 12.0B | 13.5B | 18.0B |
| Total Liabilities | 679M | 875M | 1.52B | 2.00B | 2.15B | 3.02B | 4.63B | 5.57B | 5.87B | 7.19B | 9.18B |
| Shareholders' Equity | 689M | 1.31B | 1.65B | 1.93B | 3.07B | 3.16B | 3.70B | 4.42B | 6.01B | 6.22B | 8.83B |
| Cash & Short-term Investments | 244M | 684M | 490M | 794M | 1.57B | 1.02B | 1.71B | 1.33B | 1.48B | 832M | 803M |
| Total Debt | 101M | 25.0M | 28.0M | 80.1M | 132M | 229M | 1.49B | 1.68B | 1.40B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 71.6M | 95.7M | -94.9M | 616M | 464M | -113M | -20.7M | 310M | 138M | -139M | - |
| Capital Expenditure | 72.4M | 62.0M | 57.4M | 219M | 213M | 242M | 372M | 396M | 358M | 439M | 472M |
| Free Cash Flow | -2.61M | 30.7M | -152M | 397M | 251M | -355M | -392M | -86.0M | -221M | -578M | -942M |
| Ratios | |||||||||||
| ROE | 15.9% | 8.9% | 12.3% | 18.7% | 13.1% | 12.3% | 12.8% | 14.2% | 7.3% | 2.3% | 7.0% |
| ROA | 7.6% | 5.1% | 6.3% | 9.1% | 7.7% | 6.3% | 5.6% | 6.2% | 3.6% | 1.1% | 3.4% |
| Net Profit Margin | 9.5% | 7.8% | 8.4% | 10.1% | 11.9% | 9.4% | 8.6% | 9.3% | 5.3% | 1.6% | 5.1% |
| Debt to Equity | 0.15x | 0.02x | 0.02x | 0.04x | 0.04x | 0.07x | 0.40x | 0.38x | 0.23x | - | - |
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.
Shenzhen Megmeet Electrical Co Ltd dividends
- Dividend yield
- 0.14%
- Forward dividend
- 0.03 CNY
- Payout ratio
- 39.9%
- Ex-dividend date
- Jul 24, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 58.1M | 0.11 | 39.9% |
| 2024 | CNY 132M | 0.25 | 30.3% |
| 2023 | CNY 38.5M | 0.07 | 6.1% |
| 2022 | CNY 79.1M | 0.16 | 16.7% |
| 2021 | CNY 85.3M | 0.17 | 21.9% |
| 2020 | CNY 75.1M | 0.16 | 18.6% |
| 2019 | CNY 40.7M | 0.09 | 11.3% |
| 2018 | CNY 28.3M | 0.07 | 14.0% |
| 2017 | CNY 1.92M | 0.01 | 1.6% |
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: 1.5:1 on May 23, 2019.
Who owns Shenzhen Megmeet Electrical Co Ltd
- Insiders 31.88%
- Institutions 9.36%
- Public & others 58.77%
- Shares outstanding 585M
- Free float 409M
Shenzhen Megmeet Electrical Co Ltd company profile
- Company name
- Shenzhen Megmeet Electrical Co Ltd
- Ticker
- 002851.SHE
- ISIN
- CNE100002JV8
- Exchange
- Shenzhen Stock Exchange
- Sector
- Industrials
- Industry
- Machinery
- Employees
- 8,894
- Fiscal year end
- December
- Address
- High-tech Zone Joint Headquarters Building, Shenzhen, China, 518052
- Phone
- 86 40 8260 7211
- Website
- megmeet.com
About Shenzhen Megmeet Electrical Co Ltd
Shenzhen Megmeet Electrical Co., LTD operates as an electrical automation company in China. The company offers power solutions, including datacenter, enclosed, display, telecom, high-voltage microwave, and electric and laser power supply solutions; industrial automation products comprising AC drive, servo and control systems, industry-specific products, encoder, internal gear pumps, and Mlink IoT; eMobility and EV infrastructure products, such as electric vehicle, charging point, railway transport, and light electric vehicle products, as well as electric scroll compressors and construction equipment. It also provides intelligent equipment, including industrial microwave equipment, intelligent digital welding machine, and intelligent oil production system of electric submersible progressing cavity pumping equipment; residential appliance control solutions comprising HVAC, household microwave, smart bidet, components of smart bidets, refrigerator solutions, and washing machines; and precision connection products, such as FFC, coaxial cables, and magnet wires.The company was founded in 2003 and is based in Shenzhen, China.
Shenzhen Megmeet Electrical Co Ltd management
5- Mr. Yongsheng TongGM & Chairman · born 1964
- Mr. Tao WangCFO & Board Secretary · born 1972
- Mr. Chuchun ShenChief Technology Officer · born 1966
- Mr. Zhi ZhangDeputy GM & Director · born 1969
- Ying LuoAccounting Supervisor