300237.SHE Shandong Meichen Science & Technology Co Ltd
- Market cap
- CNY 3.32B
- P/E
- -
- P/B
- 147.18x
- ROE
- -189.6%
- Dividend yield
- 3.94%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 300237.SHE undervalued?
Graham numberThe Graham number of Shandong Meichen Science & Technology 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?
Shandong Meichen Science & Technology Co Ltd fundamental analysis
No fundamental analysis for Shandong Meichen Science & Technology Co Ltd yet.
Shandong Meichen Science & Technology Co Ltd stock price
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About Shandong Meichen Science & Technology Co Ltd
Shandong Meichen Technology Group Co., Ltd. engages in the research and development, design, manufacture, and sale of various fluid delivery system products and suspension vibration reduction system products in China. The company develops and produces automotive fluid delivery, vibration damping rubber, automotive suspension damping, and thermal management system products. It also engages in the landscaping business, which includes ancient architecture, real estate landscapi…
Full company profileShandong Meichen Science & Technology 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.
Shandong Meichen Science & Technology 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 | 2.95B | 3.89B | 3.49B | 2.95B | 3.07B | 2.08B | 1.37B | 1.68B | 1.78B | 1.79B | 1.87B |
| Gross Profit | 986M | 1.33B | 1.10B | 811M | 814M | 352M | 23.2M | 29.7M | 120M | 125M | 230M |
| Operating Income | 559M | 749M | 554M | 102M | 369M | -97.7M | -378M | -316M | -159M | -112M | -3.69M |
| EBITDA | - | 930M | 679M | 402M | 373M | 16.5M | -1.12B | -724M | -208M | -176M | 47.2M |
| Net Income | 447M | 609M | 372M | 80.7M | 51.8M | -367M | -1.36B | -1.39B | -568M | -402M | -42.7M |
| EPS | - | 0.42 | 0.26 | 0.06 | 0.04 | -0.25 | -0.94 | -0.96 | -0.39 | -0.28 | -0.03 |
| Balance Sheet | |||||||||||
| Total Assets | 5.88B | 8.11B | 9.24B | 10.6B | 11.1B | 10.3B | 9.43B | 8.34B | 5.38B | 4.51B | 4.15B |
| Total Liabilities | 3.20B | 4.75B | 5.57B | 6.85B | 7.76B | 7.81B | 8.34B | 7.85B | 5.24B | 4.34B | 4.02B |
| Shareholders' Equity | 2.64B | 3.20B | 3.51B | 3.54B | 3.20B | 2.26B | 928M | 334M | 11.9M | 54.6M | 22.5M |
| Cash & Short-term Investments | 607M | 629M | 724M | 1.15B | 1.02B | 765M | 520M | 407M | 74.8M | 34.5M | 83.1M |
| Cash Flow | |||||||||||
| Operating Cash Flow | -378M | -178M | -123M | 62.8M | -227M | 35.2M | 4.63M | 50.3M | -53.2M | 239M | - |
| Capital Expenditure | 114M | 192M | 207M | 90.0M | 69.8M | 148M | 124M | 90.4M | 11.6M | 9.92M | 1.87M |
| Free Cash Flow | - | -370M | -330M | -27.2M | -297M | -113M | -119M | -40.1M | -64.7M | 229M | 284M |
| Ratios | |||||||||||
| ROE | 16.9% | 19.0% | 10.6% | 2.3% | 1.6% | -16.2% | -146.3% | -416.6% | -4,766.6% | -735.3% | -189.6% |
| ROA | 7.6% | 7.5% | 4.0% | 0.8% | 0.5% | -3.6% | -14.4% | -16.7% | -10.6% | -8.9% | -1.0% |
| Net Profit Margin | 15.1% | 15.7% | 10.7% | 2.7% | 1.7% | -17.7% | -99.3% | -82.6% | -31.9% | -22.4% | -2.3% |
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.
- 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.
Shandong Meichen Science & Technology Co Ltd dividends
- Dividend yield
- 3.94%
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Jul 2, 2021
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 131M | 0.09 | - |
| 2024 | CNY 162M | 0.11 | - |
| 2023 | CNY 258M | 0.18 | - |
| 2022 | CNY 337M | 0.23 | - |
| 2021 | CNY 253M | 0.17 | - |
| 2020 | CNY 293M | 0.20 | 566.5% |
| 2019 | CNY 174M | 0.12 | 215.1% |
| 2018 | CNY 210M | 0.14 | 56.6% |
| 2017 | CNY 143M | 0.10 | 23.5% |
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: 1.8:1 on May 17, 2018.
Who owns Shandong Meichen Science & Technology Co Ltd
- Insiders 33.08%
- Institutions 0.00%
- Public & others 66.92%
- Shares outstanding 1.44B
- Free float 623M
Shandong Meichen Science & Technology Co Ltd company profile
- Company name
- Shandong Meichen Science & Technology Co Ltd
- Ticker
- 300237.SHE
- ISIN
- CNE100001534
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jun 29, 2011
- Sector
- Consumer Cyclical
- Industry
- Commercial Services & Supplies
- Employees
- 2,045
- Fiscal year end
- December
- Address
- 12001 Mizhou East Road, Weifang, China, 262200
- Phone
- 86 53 6632 0058
- Website
- meichen.cc
About Shandong Meichen Science & Technology Co Ltd
Shandong Meichen Technology Group Co., Ltd. engages in the research and development, design, manufacture, and sale of various fluid delivery system products and suspension vibration reduction system products in China. The company develops and produces automotive fluid delivery, vibration damping rubber, automotive suspension damping, and thermal management system products. It also engages in the landscaping business, which includes ancient architecture, real estate landscaping, cultural tourism, and green space maintenance activities. The company was formerly known as Shandong Meichen Science & Technology Co.,Ltd. and changed its name to Shandong Meichen Technology Group Co., Ltd. in November 2025. The company was founded in 2004 and is headquartered in Weifang, China.
Shandong Meichen Science & Technology Co Ltd management
3- Mr. Jianhua ZhouGM, Acting Secretary & Non-Independent Director · born 1985
- Mr. Wei Gang LiDeputy General Manager · born 1983
- Hui Ting LuAccounting Supervisor