1. China Stocks

  2. •

    Consumer durables

  3. •

    Electronics/Appliances
Zhejiang Meida Industrial Co., Ltd. Class A

Zhejiang Meida Industrial Co., Ltd. Class A

SSZSE:002677
6.04
CNY
+0.05
(+0.83%)
-0.02EPS
3.57BMarket Cap
Oct 28Next Earn
Zhejiang Meida Industrial Co., Ltd. Class A
SZSE:002677
(Shenzhen Stock Exchange)

Recent

price

6.04

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.7
0.73
0.63
0.61
0.72
0.8
1.05
1.61
2.19
2.6
2.74
3.35
2.84
2.59
1.35
0.79
0.56
Revenue per Share
0.13
0.17
0.15
0.17
0.21
0.24
0.32
0.48
0.59
0.71
0.84
1.03
0.7
0.72
0.17
0.02
-0.02
Basic EPS, GAAP
0.38
0.05
0.03
0.06
0.07
0.18
0.35
0.54
0.23
0.41
0.87
0.86
0.53
0.89
0.16
0.05
- -
Free Cash Flow per Basic Share
0.1
0.04
- -
0.08
0.11
0.15
0.16
0.31
0.47
0.47
0.54
0.6
0.66
0.62
0.75
0.34
- -
Dividend per Share
0.55
0.68
1.35
1.44
1.54
1.63
1.78
2.03
2.11
2.35
2.64
3.02
3.04
3.14
2.56
2.28
2.24
Book Value per Share
0.49
0.57
1.25
1.34
1.44
1.53
1.69
1.87
1.84
2.08
2.38
2.77
2.8
2.91
2.33
2.05
2.02
Tangible Book Value per Share
477
479
575
638
648
649
633
636
640
648
647
645
646
645
650
577
646
Basic Weighted Avg Shares
332
351
362
391
470
518
666
1,026
1,401
1,684
1,771
2,164
1,834
1,673
877
454
365
Sales/Revenue/Turnover
21.47
23.74
24.13
24.37
25.03
27.74
33.24
31.66
30.81
30.75
34.7
33.6
25.97
28.99
13.16
3.3
-6.36
Operating Margin (%)
12
18
23
26
29
24
33
35
36
37
62
61
66
64
60
58
- -
Depreciation Expense
63
81
88
108
138
156
203
305
378
460
544
665
452
464
110
12
-13
Net Income, GAAP
23.33
16.28
16.44
15.85
11.61
14.09
14.53
14.97
14.99
13.9
14.27
14.11
13.88
14.65
12.81
28.49
- -
Effective Tax Rate (%)
18.84
23.03
24.32
27.55
29.33
30.05
30.44
29.74
26.95
27.31
30.7
30.72
24.65
27.76
12.59
2.54
-3.45
Profit Margin (%)
92
119
587
482
602
628
739
596
544
477
687
926
1,016
1,105
792
553
553
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
- -
3
2
- -
- -
1
LT Debt
265
328
862
920
988
1,043
1,151
1,308
1,365
1,519
1,704
1,950
1,967
2,029
1,655
1,473
1,449
Total Equity
18.34
22.47
12.96
11.1
13.59
14.19
18.25
24.12
27.47
30.83
32.54
35.23
22.65
22.76
5.87
0.67
- -
Return on Invested Capital (%)
21.82
27.25
13.69
11.65
14.31
15.11
18.29
24.66
27.99
31.9
33.7
36.34
23.05
23.21
6.06
0.81
- -
Return on Capital (%)
22.36
27.25
14.79
12.08
14.44
15.32
18.47
24.82
28.24
31.9
33.73
36.38
23.09
23.24
6
0.74
-0.81
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
646
646
646
Market Capitalization
5,395
5,175
3,573

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
688
690
652
Cash, Cash Equivalents & STI
630
631
599
Accounts Receivable, Net
16
16
15
Inventories
38
39
34
Total Current Liabilities
135
121
99
Payables & Accruals
- -
- -
- -
ST Debt
- -
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.08%
-2.2%
-11.01%
Free Cash Flow
14.96%
-25.94%
-74.67%
Net Income, GAAP
-2.82%
-34.55%
-89.55%
Sales/Revenue/Turnover
4.69%
-19.53%
-48.24%
Total Cash Common Dividend
- -
-4.88%
-60%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
273
186
195
224
877
2025
98
114
- -
118
454
2026
73
60
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.03
0.01
0.01
0.17
2025
0.01
0.01
- -
-0.01
0.02
2026
- -
-0.02
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.75
2025
- -
- -
- -
- -
0.34
2026
- -
- -
- -
- -
- -
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Business
Zhejiang Meida Industrial Co., Ltd. (002677.SZ) manufactures and sells kitchen appliances and related products. The company offers a range of kitchen solutions including range hoods, gas stoves, disinfection cabinets, embedded ovens, steam ovens, refrigerators, water purifiers, kitchen cabinets under the Meida brand; it also provides customized kitchen overall solutions, commercial kitchen equipment, and hardware components such as stamping parts and molds. Zhejiang Meida operates primarily in China with production bases in Haining, Zhejiang province, and sales networks across domestic markets; founded in 1985, the company is headquartered in Haining City, Zhejiang Province. In recent developments, Zhejiang Meida expanded its product portfolio with new launches in smart kitchen appliances and integrated kitchen systems in 2024, alongside strategic partnerships for overseas market entry and enhancements in intelligent manufacturing capabilities. The company serves residential consumers and commercial clients in the home appliance industry, focusing on mid-to-high-end kitchen equipment segments.