300611.SHE Zhejiang Meili High Technology Co Ltd
- Market cap
- CNY 3.88B
- P/E
- 25.9x
- P/B
- 3.35x
- ROE
- 13.2%
- Dividend yield
- 1.16%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 300611.SHE undervalued?
Graham number300611.SHE trades 96.4% above its Graham number.
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 Meili High Technology Co Ltd fundamental analysis
No fundamental analysis for Zhejiang Meili High Technology Co Ltd yet.
Zhejiang Meili High Technology Co Ltd stock price
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About Zhejiang Meili High Technology Co Ltd
Zhejiang Meili High Technology Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of high-end spring products in China and internationally. The company offers stabilizer bars and other automotive components; auto suspension system springs, body and interior springs, powertrain springs, general-purpose springs, various elastic devices, and precision injection molded parts; valve springs for power systems, transmission diaphra…
Full company profileZhejiang Meili High 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.
Zhejiang Meili High 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 | 359M | 401M | 545M | 601M | 674M | 817M | 1.09B | 1.38B | 1.60B | 2.01B | 4.97B |
| Gross Profit | 133M | 133M | 142M | 167M | 170M | 165M | 147M | 247M | 318M | 483M | 943M |
| Operating Income | 64.1M | 56.4M | 22.2M | 24.0M | 45.0M | 15.3M | -44.9M | 37.8M | 111M | 207M | 350M |
| EBITDA | 80.6M | 73.7M | 66.4M | 81.2M | 106M | 95.2M | 82.4M | 167M | 239M | 302M | 291M |
| Net Income | 55.4M | 47.7M | 19.9M | 18.1M | 40.2M | 22.1M | -37.6M | 40.7M | 107M | 146M | 177M |
| EPS | 0.35 | 0.27 | 0.11 | 0.10 | 0.23 | 0.13 | -0.20 | 0.19 | 0.51 | 0.69 | 0.84 |
| Balance Sheet | |||||||||||
| Total Assets | 579M | 855M | 1.02B | 1.09B | 1.18B | 1.84B | 1.97B | 2.11B | 2.17B | 2.66B | 5.01B |
| Total Liabilities | 157M | 183M | 360M | 473M | 530M | 932M | 894M | 1.03B | 998M | 1.31B | 3.59B |
| Shareholders' Equity | 424M | 675M | 662M | 621M | 653M | 799M | 988M | 992M | 1.09B | 1.27B | 1.34B |
| Cash & Short-term Investments | 50.9M | 87.6M | 77.1M | 83.8M | 59.1M | 143M | 190M | 221M | 193M | 433M | 371M |
| Total Debt | 36.0M | 12.0M | 182M | 288M | 265M | 585M | 495M | 651M | 489M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 72.0M | 14.8M | 35.4M | 65.7M | 82.6M | 27.7M | 73.5M | 102M | 134M | 301M | - |
| Capital Expenditure | 83.0M | 138M | 82.8M | 84.2M | 74.4M | 148M | 155M | 70.2M | 103M | 172M | 393M |
| Free Cash Flow | -10.9M | -123M | -47.4M | -18.5M | 8.19M | -120M | -81.7M | 32.2M | 30.6M | 129M | -591M |
| Ratios | |||||||||||
| ROE | 13.0% | 7.1% | 3.0% | 2.9% | 6.2% | 2.8% | -3.8% | 4.1% | 9.8% | 11.5% | 13.2% |
| ROA | 9.6% | 5.6% | 2.0% | 1.7% | 3.4% | 1.2% | -1.9% | 1.9% | 4.9% | 5.5% | 3.5% |
| Net Profit Margin | 15.4% | 11.9% | 3.7% | 3.0% | 6.0% | 2.7% | -3.5% | 3.0% | 6.7% | 7.3% | 3.6% |
| Debt to Equity | 0.08x | 0.02x | 0.28x | 0.46x | 0.41x | 0.73x | 0.50x | 0.66x | 0.45x | - | - |
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 Meili High Technology Co Ltd dividends
- Dividend yield
- 1.16%
- Forward dividend
- 0.15 CNY
- Payout ratio
- 30.8%
- Ex-dividend date
- Jun 4, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 45.0M | 0.21 | 30.8% |
| 2024 | CNY 27.7M | 0.13 | 26.0% |
| 2023 | CNY 6.32M | 0.03 | 15.5% |
| 2022 | CNY 8.87M | 0.05 | - |
| 2021 | CNY 10.4M | 0.06 | 47.1% |
| 2020 | CNY 8.67M | 0.05 | 21.5% |
| 2019 | CNY 8.94M | 0.05 | 49.4% |
| 2018 | CNY 25.7M | 0.14 | 129.0% |
| 2017 | CNY 23.1M | 0.13 | 48.5% |
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: 20:10 on Jun 9, 2017.
Who owns Zhejiang Meili High Technology Co Ltd
- Insiders 45.44%
- Institutions 1.03%
- Public & others 53.53%
- Shares outstanding 211M
- Free float 122M
Zhejiang Meili High Technology Co Ltd company profile
- Company name
- Zhejiang Meili High Technology Co Ltd
- Ticker
- 300611.SHE
- ISIN
- CNE100002PS1
- Exchange
- Shenzhen Stock Exchange
- Sector
- Industrials
- Industry
- Machinery
- Employees
- 2,102
- Fiscal year end
- December
- Address
- No. 1 Wenhua Road, Shaoxing, China, 312500
- Phone
- 86 575 8606 0868
- Website
- meilisprings.com
About Zhejiang Meili High Technology Co Ltd
Zhejiang Meili High Technology Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of high-end spring products in China and internationally. The company offers stabilizer bars and other automotive components; auto suspension system springs, body and interior springs, powertrain springs, general-purpose springs, various elastic devices, and precision injection molded parts; valve springs for power systems, transmission diaphragm springs, and spring assemblies; spring and injection molding parts assembly for automotive interior decoration; automotive rear door springs and clutch arc springs; hot coiling heavy springs; and general springs. It also engages in road transport; general equipment manufacturing; and commerce and trade activities. The company serves various industries, including automotive, construction machinery, aerospace, power electrical systems, nuclear power, valves, and robotics. Zhejiang Meili High Technology Co., Ltd. was founded in 1990 and is headquartered in Shaoxing, China.
Zhejiang Meili High Technology Co Ltd management
5- Mr. Zhu Jun ZhangGM & Director · born 1974
- Ms. Yuqi LiangBoard Secretary · born 1993
- Ms. Guolian WangDeputy General Manager · born 1971
- Mr. Shi Min LuDeputy General Manager · born 1984
- Yuan Yuan DongChief Accountant & Accounting Supervisor