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ZHEJIANG MEILI HIGZZ

ZHEJIANG MEILI HIG

23.83CNYD
−1.61−6.33%
At close at 09:12 GMT
CNY
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Overview
Financials
News Discussions Technicals Forecast Seasonals

300611 fundamentals

Key facts

Market capitalization‪5.33 B‬CNY
Dividend yield (indicated)0.47%
Price to earnings Ratio (TTM)42.51
Basic EPS (TTM)0.60CNY
Founded1990
Employees (FY)‪1.84 K‬
CEOZhu Jun Zhang
Websitechina-springs.com
About

Zhejiang Meili High Technology Co., Ltd. engages in the manufacturing of coils and springs. Its products include suspension system, seat & interior, gearbox, valve, hot coil, precision, composite plate, tail door and clutch springs, stabilizer bars, precision injection parts, fine stamping parts, and elastic stamping parts. The company was founded by Bi Hong Zhang in 1990 and is headquartered in Shaoxing, China.

Ownership
‪‪208.10 M‬‬
Free Float shares
‪‪193.73 M‬‬ (93.09%)
Closely held shares
‪‪14.37 M‬‬ (6.91%)
Free Float shares
‪‪193.73 M‬‬ (93.09%)
Closely held shares
‪‪14.37 M‬‬ (6.91%)
Capital structure
Market cap
‪‪5.33 B‬‬
Debt
‪‪704.11 M‬‬
Minority interest
‪‪86.40 M‬‬
Cash & equivalents
‪‪304.47 M‬‬
Enterprise value
‪‪5.82 B‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪5.33 B‬‬
Price to earning ratio (P/E)
42.51x
Price to sales ratio (P/S)
3.10x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
42.51x
Price to sales ratio (P/S)
3.10x
Valuation ratios
‪0.00‬
‪1.10‬
‪2.20‬
‪3.30‬
‪4.40‬
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
‪0.00‬
‪15.00‬
‪30.00‬
‪45.00‬
‪60.00‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪5.0%‬
‪5.9%‬
‪6.8%‬
‪7.7%‬
‪8.6%‬
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
‪0.00‬
‪‪120.00 M‬‬
‪‪240.00 M‬‬
‪‪360.00 M‬‬
‪‪480.00 M‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
COGS
Gross profit
Op expenses
Op income
Non-Op income/ expenses
Taxes & Other
Net income
‪0.00‬
‪‪110.00 M‬‬
‪‪220.00 M‬‬
‪‪330.00 M‬‬
‪‪440.00 M‬‬
Revenue
COGS
Gross profit
Expenses & adjustments
Net income
‪0.00‬
‪‪110.00 M‬‬
‪‪220.00 M‬‬
‪‪330.00 M‬‬
‪‪440.00 M‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2024
Suspension System Springs
Body and Interior Springs
General Springs
Precision Injection Molding Parts
Elastic Devices and Stamping Parts
Other
Power System Springs
By country
Period: 2024
China
Overseas

Estimates

Revenue and Earnings forecasts and estimates accuracy

Revenue
2024
2025
‪0.00‬
‪‪600.00 M‬‬
‪‪1.20 B‬‬
‪‪1.80 B‬‬
‪‪2.40 B‬‬
Actual
Estimate
Earnings
Next:Feb 25, 2026
2024
2025
‪0.00‬
‪0.25‬
‪0.50‬
‪0.75‬
‪1.00‬
Actual
Estimate

Dividends

Dividend yield, history and sustainability

Dividend summary
19.77%
Earnings retained
Payout ratio (TTM)
Dividend yield TTM
0.20%
Last payment
0.118
Last ex-date
May 15, 2025
Last pay date
May 15, 2025
Dividend history
‪0.35%‬
‪0.55%‬
‪0.75%‬
‪0.95%‬
‪1.15%‬
2020
2021
2022
2023
2024
‪0.00‬
‪0.03‬
‪0.06‬
‪0.09‬
‪0.12‬
Dividends per share (FY)
Dividend yield (FY) %

Financial health

Financial position and solvency of the company

Debt level and coverage
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
‪‪−250.00 M‬‬
‪0.00‬
‪‪250.00 M‬‬
‪‪500.00 M‬‬
‪‪750.00 M‬‬
Debt
Free cash flow
Cash & equivalents
Financial position analysis
Short term
Long term
‪0.00‬
‪‪350.00 M‬‬
‪‪700.00 M‬‬
‪‪1.05 B‬‬
‪‪1.40 B‬‬
Assets
Liabilities