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Z

Zhejiang Meida Industrial Co 002677.SZ · CNY

Consumer Discretionary · Shenzhen · 🇨🇳 China

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5.83

-0.34%

Close of 9 Nov 2026, in CNY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥454.1m

FY2016FY2025

Net income

CN¥11.5m

FY2016FY2025

Free cash flow

CN¥26.2m

FY2016FY2025

Shareholders' equity

CN¥1.47bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥454.1mCN¥877.4mCN¥1.67bnCN¥1.83bnCN¥2.16bnCN¥1.77bnCN¥1.68bnCN¥1.40bnCN¥1.03bnCN¥665.7m
Gross profitCN¥169.8mCN¥354.5mCN¥785.1mCN¥808.6mCN¥1.12bnCN¥933.5mCN¥901.0mCN¥718.2mCN¥549.5mCN¥363.4m
Research and developmentCN¥21.4mCN¥37.4mCN¥57.6mCN¥61.4mCN¥68.4mCN¥54.3mCN¥50.9mCN¥40.8mCN¥33.4mCN¥25.7m
Operating incomeCN¥15.0mCN¥125.8mCN¥544.1mCN¥528.7mCN¥774.8mCN¥635.4mCN¥534.8mCN¥445.6mCN¥359.0mCN¥240.6m
Net incomeCN¥11.5mCN¥110.4mCN¥464.3mCN¥452.2mCN¥664.7mCN¥543.6mCN¥460.0mCN¥377.5mCN¥305.2mCN¥202.7m
Diluted earnings per share0.020.150.730.691.020.830.710.620.500.34

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥1.62bnCN¥1.88bnCN¥2.33bnCN¥2.28bnCN¥2.36bnCN¥2.18bnCN¥1.99bnCN¥1.78bnCN¥1.68bnCN¥1.40bn
Cash and short-term investments—CN¥920.5mCN¥1.29bnCN¥1.10bnCN¥1.15bnCN¥1.01bnCN¥799.1mCN¥839.4mCN¥865.1mCN¥370.1m
Total liabilitiesCN¥151.8mCN¥227.2mCN¥304.1mCN¥314.2mCN¥405.4mCN¥474.8mCN¥467.6mCN¥415.5mCN¥367.3mCN¥246.6m
Debt—CN¥3.6mCN¥1.7mCN¥4.8mCN¥1.7mCN¥3.3mCN¥27.8mCN¥50.8mCN¥61.7mCN¥64.1m
Shareholders' equityCN¥1.47bnCN¥1.65bnCN¥2.03bnCN¥1.97bnCN¥1.95bnCN¥1.70bnCN¥1.52bnCN¥1.37bnCN¥1.31bnCN¥1.15bn
Shares outstanding561m718m632m656m649m654m648m607m607m593m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥33.3mCN¥107.2mCN¥583.3mCN¥369.7mCN¥618.6mCN¥633.8mCN¥543.4mCN¥441.9mCN¥448.1mCN¥266.5m
Capital spending−CN¥7.1m−CN¥3.9m−CN¥11.2m−CN¥26.2m−CN¥63.2m−CN¥70.3m−CN¥279.6m−CN¥291.7m−CN¥102.5m−CN¥46.1m
Free cash flowCN¥26.2mCN¥103.3mCN¥572.1mCN¥343.6mCN¥555.4mCN¥563.5mCN¥263.8mCN¥150.2mCN¥345.6mCN¥220.4m
Dividends paid−CN¥193.8m−CN¥484.6m−CN¥400.6m−CN¥426.4m−CN¥387.6m−CN¥350.2m−CN¥303.7m−CN¥299.0m−CN¥198.4m−CN¥100.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥59.8mCN¥73.2mCN¥117.6mCN¥124.3mCN¥113.9mCN¥98.4mCN¥223.6mCN¥194.7m
Gross profitCN¥15.2mCN¥25.8mCN¥40.3mCN¥48.6mCN¥40.5mCN¥40.4mCN¥71.6mCN¥79.4m
Operating income−CN¥18.3m−CN¥3.3m−CN¥2.4mCN¥7.9mCN¥4.2mCN¥9.1mCN¥5.4mCN¥7.9m
Net income−CN¥13.6mCN¥2.9m−CN¥6.4mCN¥5.6mCN¥4.5mCN¥7.8mCN¥3.8mCN¥9.0m
Diluted earnings per share-0.020.01-0.010.010.010.010.010.01
Cash from operations————CN¥7.0m−CN¥36.0mCN¥87.0mCN¥9.0m
Capital spending−CN¥3.0m—−CN¥1.0m——−CN¥2.0m−CN¥1.0m—
Free cash flow—————−CN¥38.0mCN¥86.0m—
Total assetsCN¥1.57bnCN¥1.61bnCN¥1.62bnCN¥1.62bnCN¥1.61bnCN¥1.81bnCN¥1.88bnCN¥1.83bn
Cash and short-term investments———CN¥599.0mCN¥578.7mCN¥867.4mCN¥920.5mCN¥829.8m
Debt———CN¥423,012CN¥841,061CN¥1.3mCN¥3.6mCN¥1.6m
Shareholders' equityCN¥1.45bnCN¥1.47bnCN¥1.47bnCN¥1.48bnCN¥1.47bnCN¥1.66bnCN¥1.65bnCN¥1.65bn

Financial ratios

Data as of 13 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin37.4%40.4%46.9%44.1%51.6%52.7%—
Operating margin3.2%14.3%32.5%28.6%35.8%35.8%—
Net margin2.5%12.6%27.8%24.7%30.7%30.7%—
Return on equity0.8%6.7%22.9%23.0%34.1%31.9%—
Return on assets0.7%5.9%19.9%19.8%28.2%25.0%—
Free cash flow yield1.2%2.5%15.0%9.7%16.8%17.2%—
Revenue growth-48.2%-47.5%-8.8%-15.2%22.2%5.1%—
Earnings growth-89.5%-76.2%2.7%-32.0%22.3%18.2%—
Current ratio5.10x4.80x4.93x4.53x3.43x2.54x—
Debt to equity—0.00x0.00x0.00x0.00x0.00x0.02x
Equity ratio90.5%87.8%87.0%86.2%82.8%78.2%—
Interest coverage266.36x696.65x1812.91x11525.93x2421.95x3396.59x—
R&D as a share of sales4.7%4.3%3.4%3.3%3.2%3.1%—
Buybacks as a share of market value21.8%-13.5%3.6%-1.1%0.8%-1.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-37.2%-23.8%-1.3%
Operating income-69.5%-52.7%-21.7%
Net income-70.6%-53.7%-22.9%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin39.4%43.8%47.5%49.6%
Operating margin10.6%25.1%29.9%31.1%
Net margin9.2%21.5%25.6%26.6%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings406.047.713.816.116.919.218.816.033.734.2
Price to sales10.36.03.84.05.25.95.14.310.010.4

Dividends and splits

Per share, in the currency the company pays

Paid for 13 years. Last went ex-dividend on 22 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.0160.300.750.620.660.600.5420.465
  • 8-for-5 split · 16 Jun 2016
  • 2-for-1 split · 4 Jun 2015

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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