-
1 Comment
Zhejiang Meili High Technology Co., Ltd is currently in a long term uptrend where the price is trading 6.3% above its 200 day moving average.
From a valuation standpoint, the stock is 52.6% cheaper than other stocks from the Industrials sector with a price to sales ratio of 2.4.
Zhejiang Meili High Technology Co., Ltd's total revenue rose by 38.8% to $183M since the same quarter in the previous year.
Its net income has increased by 90.9% to $16M since the same quarter in the previous year.
Finally, its free cash flow fell by 126.9% to $-6M since the same quarter in the previous year.
Based on the above factors, Zhejiang Meili High Technology Co., Ltd gets an overall score of 4/5.
| Sector | Industrials |
|---|---|
| Industry | Tools & Accessories |
| Exchange | SHE |
| CurrencyCode | CNY |
| ISIN | CNE100002PS1 |
| PE Ratio | 51.57 |
|---|---|
| Target Price | 35.5 |
| Dividend Yield | 0.2% |
| Beta | 0.42 |
| Market Cap | 6B |
Zhejiang Meili High Technology Co., Ltd. engages in the research and development, production, and sale of high-end spring products and precision injection molded parts in China and internationally. The company offers suspension springs, seat and interior series springs, gearbox spring and spring assembly products, valve springs, stabilizer bars, hot coil series springs, precision springs, composite leaf springs, precision injection molded parts, fine blanking parts and elastic stamping parts, tailgate springs, and clutch arc springs. It serves various industries, including construction machinery, precision electronics, and instruments. Zhejiang Meili High Technology Co., Ltd. was founded in 1990 and is headquartered in Shaoxing, China.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 300611.SHE using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2025
