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Zhejiang Meida Industrial Co Ltd Class A 002677

Morningstar Rating
CNY 8.81 +0.08 (0.92%)
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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.

Price vs Fair Value

002677 is trading within a range we consider fairly valued.
Price
CNY 8.72
Fair Value
CNY 97.23
Uncertainty
High
1-Star Price
CNY 96.86
5-Star Price
CNY 7.87
Economic Moat
Lbgz
Capital Allocation
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Trading Information

Previous Close Price
CNY 8.73
Day Range
CNY 8.718.83
52-Week Range
CNY 7.5611.42
Bid/Ask
CNY 8.81 / CNY 8.82
Market Cap
CNY 5.69 Bil
Volume/Avg
2.1 Mil / 5.7 Mil

Key Statistics

Price/Earnings (Normalized)
13.69
Price/Sales
3.52
Dividend Yield (Trailing)
8.59%
Dividend Yield (Forward)
8.59%
Total Yield
8.59%

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

Comparables

Valuation

Metric
002677
603215
002508
Price/Earnings (Normalized)
13.6915.5913.65
Price/Book Value
2.682.222.07
Price/Sales
3.521.682.01
Price/Cash Flow
11.747.629.98
Price/Earnings
002677
603215
002508

Financial Strength

Metric
002677
603215
002508
Quick Ratio
6.441.67
Current Ratio
6.822.00
Interest Coverage
2,682.68456.28
Quick Ratio
002677
603215
002508

Profitability

Metric
002677
603215
002508
Return on Assets (Normalized)
18.72%9.98%10.13%
Return on Equity (Normalized)
21.70%15.00%15.25%
Return on Invested Capital (Normalized)
21.28%14.22%13.53%
Return on Assets
002677
603215
002508
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Furnishings, Fixtures & Appliances Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Haier Smart Home Co Ltd Class H
HRSHF
Mknqfpf$38.5 Bil
Haier Smart Home Co Ltd ADR
HSHCY
Zwjttp$38.5 Bil
Nitori Holdings Co Ltd
NCLTF
Qqhdxj$12.5 Bil
Nitori Holdings Co Ltd ADR
NCLTY
Jqqwzr$12.5 Bil
SharkNinja Inc
SN
Wwlswlr$10.6 Bil
Tempur Sealy International Inc
TPX
Frhcb$8.6 Bil
Mohawk Industries Inc
MHK
QpjrfnbgThfh$7.4 Bil
Hisense Home Appliances Group Co Ltd Class H
HISEF
Bzqlv$7.2 Bil
SEB SA
SEBYF
Nvgt$6.6 Bil
Howden Joinery Group PLC ADR
HWDJY
Svtwfxb$6.4 Bil

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