301006.SHE Meter Instruments Co. Ltd
- Market cap
- CNY 1.62B
- P/E
- 24.3x
- P/B
- 1.25x
- ROE
- 1.5%
- Dividend yield
- 1.69%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is 301006.SHE undervalued?
Graham number301006.SHE trades 16.1% 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?
Meter Instruments Co. Ltd fundamental analysis
No fundamental analysis for Meter Instruments Co. Ltd yet.
Meter Instruments Co. Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Meter Instruments Co. Ltd
Meter Instruments Co., Ltd. engages in the research, development, production, and sale of intelligent ultrasonic water meters and heat meters in China and internationally. It offers ultrasonic water meters, ultrasonic heat meters, flow balance valves, data acquisition terminals, data concentrators, intelligent control valves, smart flow meters, and fire hydrant products and related accessories. The company also provides intelligent water metering, and heat metering system so…
Full company profileMeter Instruments Co. Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 2 quarters up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Meter Instruments 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 | 91.8M | 121M | 189M | 314M | 420M | 409M | 358M | 382M | 358M | 398M | 299M |
| Gross Profit | 44.1M | 69.8M | 114M | 190M | 252M | 235M | 195M | 199M | 180M | 206M | 129M |
| Operating Income | 26.2M | 29.7M | 84.0M | 143M | 203M | 163M | 123M | 130M | 89.3M | 117M | 51.8M |
| EBITDA | 43.9M | 32.4M | 88.0M | 148M | 208M | 168M | 131M | 137M | 98.7M | 119M | 24.8M |
| Net Income | 34.6M | 22.0M | 72.7M | 126M | 174M | 140M | 109M | 112M | 79.2M | 92.3M | 19.4M |
| EPS | 0.35 | 0.28 | 0.70 | 1.20 | 1.67 | 1.15 | 0.78 | 0.81 | 0.58 | 0.66 | 0.14 |
| Balance Sheet | |||||||||||
| Total Assets | 247M | 261M | 369M | 535M | 690M | 1.21B | 1.32B | 1.39B | 1.42B | 1.54B | 1.51B |
| Total Liabilities | 126M | 37.2M | 59.5M | 126M | 134M | 136M | 159M | 167M | 173M | 226M | 211M |
| Shareholders' Equity | 121M | 223M | 310M | 409M | 556M | 1.08B | 1.16B | 1.23B | 1.25B | 1.31B | 1.30B |
| Cash & Short-term Investments | 38.5M | 95.9M | 171M | 220M | 313M | 783M | 714M | 695M | 548M | 619M | 488M |
| Total Debt | - | - | - | - | 14.4M | 24.3M | 5.03M | 15.2M | 8.15M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 26.4M | 41.8M | 60.8M | 80.2M | 124M | 98.2M | 38.5M | 68.4M | 20.8M | 110M | - |
| Capital Expenditure | 11.7M | 2.45M | 4.65M | 7.22M | 2.67M | 24.7M | 88.1M | 46.9M | 111M | 14.0M | 16.4M |
| Free Cash Flow | 14.6M | 39.4M | 56.2M | 73.0M | 121M | 73.5M | -49.6M | 21.5M | -90.0M | 95.8M | -41.6M |
| Ratios | |||||||||||
| ROE | 28.6% | 9.9% | 23.5% | 30.7% | 31.3% | 13.0% | 9.4% | 9.1% | 6.3% | 7.0% | 1.5% |
| ROA | 14.0% | 8.4% | 19.7% | 23.5% | 25.3% | 11.5% | 8.3% | 8.1% | 5.6% | 6.0% | 1.3% |
| Net Profit Margin | 37.7% | 18.1% | 38.6% | 40.0% | 41.4% | 34.3% | 30.4% | 29.4% | 22.1% | 23.2% | 6.5% |
| Debt to Equity | - | - | - | - | 0.03x | 0.02x | 0.00x | 0.01x | 0.01x | - | - |
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.
Meter Instruments Co. Ltd dividends
- Dividend yield
- 1.69%
- Forward dividend
- 0.20 CNY
- Payout ratio
- 29.8%
- Ex-dividend date
- Jul 16, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 27.5M | 0.20 | 29.8% |
| 2024 | CNY 41.8M | 0.31 | 52.8% |
| 2023 | CNY 48.7M | 0.35 | 43.4% |
| 2022 | CNY 27.9M | 0.20 | 25.5% |
| 2021 | CNY 69.6M | 0.57 | 49.7% |
| 2020 | CNY 29.2M | 0.28 | 16.8% |
| 2019 | CNY 28.0M | 0.27 | 22.3% |
| 2018 | 8.00M | 0.08 | 11.0% |
| 2017 | 100M | 1.27 | 454.2% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns Meter Instruments Co. Ltd
- Insiders 72.13%
- Institutions 3.42%
- Public & others 24.45%
- Shares outstanding 139M
- Free float 51.1M
Meter Instruments Co. Ltd company profile
- Company name
- Meter Instruments Co. Ltd
- Ticker
- 301006.SHE
- ISIN
- CNE100004LH9
- Exchange
- Shenzhen Stock Exchange
- Sector
- Industrials
- Industry
- Electrical Equipment
- Employees
- 477
- Fiscal year end
- December
- Address
- No. 5, Xiyan Road, Nanjing, China, 211178
- Phone
- 86 25 8698 1981
- Website
- metter.cn
About Meter Instruments Co. Ltd
Meter Instruments Co., Ltd. engages in the research, development, production, and sale of intelligent ultrasonic water meters and heat meters in China and internationally. It offers ultrasonic water meters, ultrasonic heat meters, flow balance valves, data acquisition terminals, data concentrators, intelligent control valves, smart flow meters, and fire hydrant products and related accessories. The company also provides intelligent water metering, and heat metering system solutions. Its products are used in urban water supply, centralized heating, fire safety, energy conservation and emission reduction, and energy efficiency management fields. The company was founded in 2006 and is headquartered in Nanjing, China.
Meter Instruments Co. Ltd management
6- Ms. Wei ZhangGeneral Manager · born 1976
- Mr. Xun HanFinancial Manager & Accounting Supervisor · born 1972
- Mr. Jinpeng HuiDeputy GM & Director · born 1969
- Mr. Jiashi ZhaoDeputy GM & Director · born 1971
- Ms. Yunxia ZhaoSecretary of the Board of Directors · born 1979
- Mr. Xiao Wang ZouDeputy General Manager · born 1976