Zhejiang Meilun Elevator Co., Ltd. Logo

Zhejiang Meilun Elevator Co., Ltd.

603321.SS

(3.0)
Stock Price

6,55 CNY

7.46% ROA

11.88% ROE

14.93x PER

Market Cap.

2.120.115.543,00 CNY

17.87% DER

2.12% Yield

16.65% NPM

Zhejiang Meilun Elevator Co., Ltd. Stock Analysis

Zhejiang Meilun Elevator Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Zhejiang Meilun Elevator Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (7%), which means it has a small amount of debt compared to the ownership it holds

2 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

4 ROE

ROE in an average range (5.44%) suggests satisfactory profitability and decent utilization of shareholders' equity.

5 ROA

The stock's ROA (3.13%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

6 PBV

The stock's PBV ratio (2.2x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

7 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

8 Net Profit Growth

Throughout the last three years, this company has experienced consistent net profit growth, reflecting a robust financial performance and making it an attractive investment prospect.

9 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (97) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

10 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Zhejiang Meilun Elevator Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Zhejiang Meilun Elevator Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Zhejiang Meilun Elevator Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Zhejiang Meilun Elevator Co., Ltd. Revenue
Year Revenue Growth
2013 798.360.761
2014 821.812.473 2.85%
2015 862.235.823 4.69%
2016 780.793.166 -10.43%
2017 731.900.552 -6.68%
2018 737.618.831 0.78%
2019 736.956.590 -0.09%
2020 725.713.791 -1.55%
2021 1.059.606.185 31.51%
2022 1.016.245.503 -4.27%
2023 969.072.224 -4.87%
2023 945.579.861 -2.48%
2024 910.924.768 -3.8%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Zhejiang Meilun Elevator Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2013 0
2014 37.548.873 100%
2015 31.305.836 -19.94%
2016 30.592.940 -2.33%
2017 26.820.575 -14.07%
2018 26.722.737 -0.37%
2019 28.012.843 4.61%
2020 30.098.954 6.93%
2021 39.730.803 24.24%
2022 41.199.221 3.56%
2023 37.986.843 -8.46%
2023 32.218.012 -17.91%
2024 37.268.384 13.55%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Zhejiang Meilun Elevator Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2013 51.538.009
2014 15.844.466 -225.27%
2015 14.660.755 -8.07%
2016 15.951.014 8.09%
2017 13.790.390 -15.67%
2018 14.331.272 3.77%
2019 16.085.709 10.91%
2020 15.234.865 -5.58%
2021 15.142.012 -0.61%
2022 15.853.109 4.49%
2023 128.922.039 87.7%
2023 17.533.062 -635.31%
2024 -25.423.972 168.96%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Zhejiang Meilun Elevator Co., Ltd. EBITDA
Year EBITDA Growth
2013 109.473.092
2014 135.309.121 19.09%
2015 144.551.728 6.39%
2016 123.224.523 -17.31%
2017 109.472.487 -12.56%
2018 73.511.214 -48.92%
2019 73.836.624 0.44%
2020 93.034.978 20.64%
2021 99.036.023 6.06%
2022 92.832.988 -6.68%
2023 122.457.054 24.19%
2023 77.118.690 -58.79%
2024 112.152.800 31.24%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Zhejiang Meilun Elevator Co., Ltd. Gross Profit
Year Gross Profit Growth
2013 226.036.917
2014 256.940.727 12.03%
2015 279.352.655 8.02%
2016 262.103.637 -6.58%
2017 215.158.780 -21.82%
2018 172.770.899 -24.53%
2019 184.143.137 6.18%
2020 178.818.916 -2.98%
2021 249.402.868 28.3%
2022 219.180.654 -13.79%
2023 302.728.422 27.6%
2023 229.157.155 -32.11%
2024 298.491.160 23.23%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Zhejiang Meilun Elevator Co., Ltd. Net Profit
Year Net Profit Growth
2013 81.103.359
2014 88.422.085 8.28%
2015 112.104.660 21.13%
2016 90.615.543 -23.71%
2017 76.644.439 -18.23%
2018 50.141.980 -52.85%
2019 39.590.249 -26.65%
2020 51.086.290 22.5%
2021 43.909.620 -16.34%
2022 46.610.666 5.79%
2023 103.006.215 54.75%
2023 81.847.787 -25.85%
2024 97.653.192 16.19%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Zhejiang Meilun Elevator Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2013 0
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Zhejiang Meilun Elevator Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2013 94.038.535
2014 39.299.670 -139.29%
2015 96.386.276 59.23%
2016 -92.194.772 204.55%
2017 15.688.153 687.67%
2018 -3.210.883 588.59%
2019 2.201.655 245.84%
2020 -14.149.224 115.56%
2021 751.818 1982%
2022 165.817.804 99.55%
2023 7.224.049 -2195.36%
2023 133.178.056 94.58%
2024 16.834.063 -691.12%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Zhejiang Meilun Elevator Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2013 109.182.337
2014 77.034.768 -41.73%
2015 123.612.350 37.68%
2016 49.687.805 -148.78%
2017 93.249.931 46.72%
2018 64.110.995 -45.45%
2019 102.445.559 37.42%
2020 77.466.931 -32.24%
2021 34.678.201 -123.39%
2022 188.783.679 81.63%
2023 17.160.249 -1000.12%
2023 209.927.063 91.83%
2024 60.449.137 -247.28%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Zhejiang Meilun Elevator Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2013 15.143.801
2014 37.735.098 59.87%
2015 27.226.074 -38.6%
2016 141.882.577 80.81%
2017 77.561.777 -82.93%
2018 67.321.878 -15.21%
2019 100.243.904 32.84%
2020 91.616.155 -9.42%
2021 33.926.382 -170.04%
2022 22.965.875 -47.73%
2023 9.936.200 -131.13%
2023 76.749.007 87.05%
2024 43.615.074 -75.97%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Zhejiang Meilun Elevator Co., Ltd. Equity
Year Equity Growth
2013 241.646.174
2014 333.536.659 27.55%
2015 418.224.384 20.25%
2016 502.405.152 16.76%
2017 1.004.156.989 49.97%
2018 1.025.855.253 2.12%
2019 1.057.664.933 3.01%
2020 1.100.465.901 3.89%
2021 1.118.314.082 1.6%
2022 1.143.385.567 2.19%
2023 1.197.142.685 4.49%
2023 1.177.132.809 -1.7%
2024 1.220.979.047 3.59%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Zhejiang Meilun Elevator Co., Ltd. Assets
Year Assets Growth
2013 765.809.337
2014 878.124.245 12.79%
2015 942.661.899 6.85%
2016 970.815.387 2.9%
2017 1.508.883.871 35.66%
2018 1.533.359.798 1.6%
2019 1.615.422.460 5.08%
2020 1.775.757.246 9.03%
2021 1.930.983.201 8.04%
2022 1.978.868.970 2.42%
2023 2.106.910.604 6.08%
2023 2.070.161.868 -1.78%
2024 1.993.132.053 -3.86%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Zhejiang Meilun Elevator Co., Ltd. Liabilities
Year Liabilities Growth
2013 524.163.163
2014 544.587.585 3.75%
2015 524.437.515 -3.84%
2016 468.410.235 -11.96%
2017 504.726.881 7.2%
2018 507.504.545 0.55%
2019 557.757.527 9.01%
2020 675.291.344 17.4%
2021 812.669.117 16.9%
2022 835.483.403 2.73%
2023 892.553.743 6.39%
2023 893.029.059 0.05%
2024 765.422.203 -16.67%

Zhejiang Meilun Elevator Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.84
Net Income per Share
0.47
Price to Earning Ratio
14.93x
Price To Sales Ratio
2.48x
POCF Ratio
10.43
PFCF Ratio
22.18
Price to Book Ratio
1.77
EV to Sales
1.87
EV Over EBITDA
17.26
EV to Operating CashFlow
7.84
EV to FreeCashFlow
16.71
Earnings Yield
0.07
FreeCashFlow Yield
0.05
Market Cap
2,12 Bil.
Enterprise Value
1,60 Bil.
Graham Number
6.53
Graham NetNet
1.12

Income Statement Metrics

Net Income per Share
0.47
Income Quality
1.43
ROE
0.12
Return On Assets
0.07
Return On Capital Employed
0.12
Net Income per EBT
0.84
EBT Per Ebit
1.2
Ebit per Revenue
0.17
Effective Tax Rate
0.15

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0.04
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.27
Operating Profit Margin
0.17
Pretax Profit Margin
0.2
Net Profit Margin
0.17

Dividends

Dividend Yield
0.02
Dividend Yield %
2.12
Payout Ratio
0.54
Dividend Per Share
0.15

Operating Metrics

Operating Cashflow per Share
0.68
Free CashFlow per Share
0.32
Capex to Operating CashFlow
0.53
Capex to Revenue
0.13
Capex to Depreciation
10.63
Return on Invested Capital
0.08
Return on Tangible Assets
0.07
Days Sales Outstanding
143.44
Days Payables Outstanding
182.26
Days of Inventory on Hand
70.89
Receivables Turnover
2.54
Payables Turnover
2
Inventory Turnover
5.15
Capex per Share
0.36

Balance Sheet

Cash per Share
2,62
Book Value per Share
4,08
Tangible Book Value per Share
3.8
Shareholders Equity per Share
4
Interest Debt per Share
0.72
Debt to Equity
0.18
Debt to Assets
0.11
Net Debt to EBITDA
-5.65
Current Ratio
1.64
Tangible Asset Value
1,14 Bil.
Net Current Asset Value
0,48 Bil.
Invested Capital
961339393
Working Capital
0,49 Bil.
Intangibles to Total Assets
0.04
Average Receivables
0,31 Bil.
Average Payables
0,39 Bil.
Average Inventory
126930407
Debt to Market Cap
0.1

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Zhejiang Meilun Elevator Co., Ltd. Dividends
Year Dividends Growth
2018 0
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

Zhejiang Meilun Elevator Co., Ltd. Profile

About Zhejiang Meilun Elevator Co., Ltd.

Zhejiang Meilun Elevator Co., Ltd. designs, manufactures, and sells elevators and escalators in China. It offers passenger elevators, freight elevators, moving walks, and three-dimensional garages; and straight ladders, sidewalks, etc. The company was founded in 1979 and is based in Shaoxing, China.

CEO
Mr. Xue Lin Qian
Employee
634
Address
No. 888, Qitao Road
Shaoxing, 312065

Zhejiang Meilun Elevator Co., Ltd. Executives & BODs

Zhejiang Meilun Elevator Co., Ltd. Executives & BODs
# Name Age
1 Mr. Qian Fu
Board Secretary, Deputy GM & Director
70
2 Mr. Yujie Fan
Financial Director
70
3 Mr. Fu Shen
Technical Director
70
4 Mr. Xue Lin Qian
Chairman & GM
70
5 Mr. Xue Gen Qian
Deputy GM & Director
70

Zhejiang Meilun Elevator Co., Ltd. Competitors