MeiG Smart Technology Co., Ltd. engages in the research and development, production, and sale of wireless communication modules and Internet of Things solutions in China and internationally. Its products include 5G smart, 5G and 4G LTE, AI computing, automotive, smart, LPWA, and GNSS modules; and wireless data solutions for use in smart positioning and tracking, payment methods for retailers, blind spot monitoring driving, logistics, and alarm and gas alarm solutions in energy sectors. MeiG Smart Technology Co., Ltd. was formerly known as Shenzhen MeiG Smart Technology Co., Ltd and changed its name to MeiG Smart Technology Co., Ltd. in December 2017. The company was incorporated in 2007 and is headquartered in Shenzhen, China.
Research context
MeiG Smart Technology Co., Ltd appears in PyInvesting’s Shenzhen Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CNY
- Sector
- Technology
- Industry
- Communication Equipment
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5 years, 7 months ago
MeiG Smart Technology Co., Ltd is currently in a long term uptrend where the price is trading 34.9% above its 200 day moving average.
From a valuation standpoint, the stock is 58.9% cheaper than other stocks from the Technology sector with a price to sales ratio of 3.3.
MeiG Smart Technology Co., Ltd's total revenue rose by 13.9% to $255M since the same quarter in the previous year.
Its net income has dropped by 164.6% to $-2M since the same quarter in the previous year.
Finally, its free cash flow fell by 538.4% to $-50M since the same quarter in the previous year.
Based on the above factors, MeiG Smart Technology Co., Ltd gets an overall score of 3/5.