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 9.51
- Day Range
- CNY 9.42–9.59
- 52-Week Range
- CNY 7.56–11.52
- Bid/Ask
- CNY 9.51 / CNY 9.52
- Market Cap
- CNY 6.15 Bil
- Volume/Avg
- 6.0 Mil / 5.0 Mil
Key Statistics
- Price/Earnings (Normalized)
- 14.93
- Price/Sales
- 3.84
- Dividend Yield (Trailing)
- 6.51%
- Dividend Yield (Forward)
- 6.51%
- Total Yield
- 6.52%
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) | 14.93 | 16.12 | 22.00 |
Price/Book Value | 2.92 | 3.22 | 3.82 |
Price/Sales | 3.84 | 2.03 | 2.94 |
Price/Cash Flow | 12.80 | 9.57 | 11.05 |
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% | 13.87% | 8.76% |
Return on Equity (Normalized) | 21.70% | 20.98% | 17.50% |
Return on Invested Capital (Normalized) | 21.28% | 20.95% | 11.29% |
Return on Assets
002677
603215
300894
Furnishings, Fixtures & Appliances Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
HSHCY
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HRSHF
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NCLTY
| Nitori Holdings Co Ltd ADR | — | Nnhcjk | $15.8 Bil | |
NCLTF
| Nitori Holdings Co Ltd | — | Sdmbx | $15.7 Bil | |
SN
| SharkNinja Inc | — | Ydxxjx | $8.8 Bil | |
TPX
| Tempur Sealy International Inc | — | Hywktq | $8.7 Bil | |
MHK
| Mohawk Industries Inc | Rbjjcsg | Wcww | $7.4 Bil | |
SEBYF
| SEB SA | — | Kmlxn | $6.7 Bil | |
HISEF
| Hisense Home Appliances Group Co Ltd Class H | — | Kytjvh | $6.6 Bil | |
HWDJF
| Howden Joinery Group PLC | — | Wvzjr | $6.1 Bil |