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    Communication Equipment
MeiG Smart Technology Co., Ltd

MeiG Smart Technology Co., Ltd

002881.SZ
MeiG Smart Technology Co., LtdCN flagShenzhen Stock Exchange
43.32
CNY
+0.44
- -
11.34BMarket Cap

Total Valuation

MeiG Smart Technology Co., Ltd carries a market capitalization of 11.34B, placing it among publicly traded companies globally. Its enterprise value stands at 9.21B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap11.34B
Enterprise Value9.21B

Share Statistics

MeiG Smart Technology Co., Ltd currently has 302.01M shares outstanding.

Shares Outstanding302.01M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Valuation Ratios

MeiG Smart Technology Co., Ltd trades at a trailing price-to-earnings ratio of 86.89. The price-to-sales ratio is 3.61, and the price-to-book ratio stands at 9.78.

PE Ratio86.89
PS Ratio3.61
PB Ratio9.78
P/TBV Ratio3.80
P/FCF Ratio255.98
P/OCF RatioN/A

Enterprise Valuation

On an enterprise value basis, MeiG Smart Technology Co., Ltd trades at an EV/EBITDA multiple of 62.43 and an EV/FCF ratio of 199.89. The EV/Sales ratio of 3.36 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 62.43 provides insight into valuation relative to core operating earnings.

EV / Sales3.36
EV / EBITDA62.43
EV / EBIT62.43
EV / FCF199.89

Financial Position

MeiG Smart Technology Co., Ltd maintains a current ratio of 2.37, meaning it holds 2.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 24.20, indicating elevated leverage, while an interest coverage ratio of 17.53 demonstrates strong ability to service its debt obligations.

Current Ratio2.37
Quick Ratio0.82
Debt / Equity24.20
Debt / EBITDA4.47
Interest Coverage17.53

Financial Efficiency

MeiG Smart Technology Co., Ltd posts a return on equity of 12.13 and a return on invested capital of 4.63.

Return on Equity (ROE)12.13
Return on Assets (ROA)3.04
Return on Invested Capital (ROIC)4.63
Return on Capital Employed (ROCE)7.87
Revenue Per EmployeeN/A
Employee CountN/A
Inventory Turnover2.30

Taxes

Over the trailing twelve months, MeiG Smart Technology Co., Ltd has paid 16.18M in income taxes, reflecting an effective tax rate of 12.42.

Income Tax16.18M
Effective Tax Rate12.42

Stock Price Statistics

MeiG Smart Technology Co., Ltd's stock has gained approximately 0.69735007% over the past 52 weeks. The 50-day moving average sits at 40.88, while the 200-day moving average is 45.13.

Beta (5Y)N/A
52-Week Price Change0.69735007%
50-Day Moving Average40.88
200-Day Moving Average45.13
Average Volume (20 Days)N/A

Income Statement

Over the trailing twelve months, MeiG Smart Technology Co., Ltd generated 2.74B in revenue and converted that into 114.07M in net income, yielding earnings per share of 0.44. EBITDA reached 147.58M, while operating income came in at 147.58M.

Revenue2.74B
Gross Profit428.06M
Operating Income147.58M
Pretax Income130.24M
Net Income114.07M
EBITDA147.58M
EBIT147.58M
Earnings Per Share (EPS)0.44

Balance Sheet

MeiG Smart Technology Co., Ltd holds 1.36B in cash and equivalents against 659.76M in total debt, resulting in a net debt position of -667.74M. Total book value stands at 1.01B, with working capital of 2.26B providing operational flexibility.

Cash & Cash Equivalents1.36B
Total Debt659.76M
Net Debt-667.74M
Equity (Book Value)1.01B
Book Value Per Share3.91
Working Capital2.26B

Cash Flow

After subtracting -38.72M in capital expenditures, free cash flow totaled -38.72M - equivalent to -0.15 per share.

Operating Cash FlowN/A
Capital Expenditures-38.72M
Free Cash Flow-38.72M
FCF Per Share-0.15

Margins

MeiG Smart Technology Co., Ltd operates with a gross margin of 15.61, reflecting its pricing power and cost economics. The operating margin of 5.38 and net profit margin of 4.16 provide insight into operational efficiency.

Gross Margin15.61
Operating Margin5.38
Pretax Margin4.75
Profit Margin4.16
EBITDA Margin5.38

Dividends & Yields

The company's payout ratio of 35.72 indicates the proportion of earnings distributed to shareholders.

Dividend Per Share0.16
Dividend YieldN/A
Payout Ratio35.72
Shareholder Yield-11.95
FCF Yield0.39

Stock Splits

MeiG Smart Technology Co., Ltd's most recent stock split took place on June 10, 2022 with a 10:13 split ratio.

Last Split Date6/10/2022
Split Ratio10:13

Scores

MeiG Smart Technology Co., Ltd posts an Altman Z-Score of 5.15, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score5.15