Zhejiang Meida Industrial Co Ltd Class A 002677
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- CNY 9.74
- Day Range
- CNY 9.60–9.94
- 52-Week Range
- CNY 7.56–11.52
- Bid/Ask
- CNY 9.91 / CNY 9.92
- Market Cap
- CNY 6.41 Bil
- Volume/Avg
- 8.7 Mil / 5.0 Mil
Key Statistics
- Price/Earnings (Normalized)
- 15.56
- Price/Sales
- 4.00
- Dividend Yield (Trailing)
- 6.25%
- Dividend Yield (Forward)
- 6.25%
- Total Yield
- 6.25%
Company Profile
Zhejiang Meida Industrial Co Ltd operates in the kitchen appliance industry. The company is engaged in the design, manufacturing, and distribution of integrated stoves. It offers a range of kitchen products, including hoods, stoves, cookers, sterilization products, storage cabinets, electrical ovens, and water purifiers.
- Sector
- Consumer Cyclical
- Industry
- Furnishings, Fixtures & Appliances
- Stock Style Box
- Mid Value
- Total Number of Employees
- 1,056
- Website
- http://www.meida.com
Comparables
Valuation
Metric
|
002677
|
603215
|
300894
|
---|---|---|---|
Price/Earnings (Normalized) | 15.56 | 19.03 | 28.28 |
Price/Book Value | 3.04 | 2.71 | 4.37 |
Price/Sales | 4.00 | 2.06 | 3.64 |
Price/Cash Flow | 13.34 | 9.30 | 21.12 |
Price/Earnings
002677
603215
300894
Financial Strength
Metric
|
002677
|
603215
|
300894
|
---|---|---|---|
Quick Ratio | 6.44 | 1.67 | 1.71 |
Current Ratio | 6.82 | 2.00 | 1.93 |
Interest Coverage | 2,682.68 | 456.28 | 23.16 |
Quick Ratio
002677
603215
300894
Profitability
Metric
|
002677
|
603215
|
300894
|
---|---|---|---|
Return on Assets (Normalized) | 18.72% | 9.98% | 7.92% |
Return on Equity (Normalized) | 21.70% | 15.00% | 15.80% |
Return on Invested Capital (Normalized) | 21.28% | 14.22% | 9.57% |
Return on Assets
002677
603215
300894
Furnishings, Fixtures & Appliances Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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TPX
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HISEF
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