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Shenzhen Megmeet Electrical Co Ltd
SZSE:002851

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Shenzhen Megmeet Electrical Co Ltd
SZSE:002851
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Price: 120.21 CNY 3.98% Market Closed
Market Cap: ¥69.9B

P/E

277.1
Current
876%
More Expensive
vs 3-y average of 28.4

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
277.1
=
Market Cap
¥63.9B
/
Net Income
¥237.6m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
277.1
=
Market Cap
¥63.9B
/
Net Income
¥237.6m

Valuation Scenarios

Shenzhen Megmeet Electrical Co Ltd is trading above its 3-year average

If P/E returns to its 3-Year Average (28.4), the stock would be worth ¥12.31 (90% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-90%
Maximum Upside
No Upside Scenarios
Average Downside
87%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 277.1 ¥120.21
0%
3-Year Average 28.4 ¥12.31
-90%
5-Year Average 35 ¥15.19
-87%
Industry Average 56 ¥24.29
-80%
Country Average 29.6 ¥12.85
-89%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
¥63.9B
/
Oct 2025
¥237.6m
=
277.1
Current
¥63.9B
/
Dec 2025
¥303.6m
=
210.6
Forward
¥63.9B
/
Dec 2026
¥873.5m
=
73.2
Forward
¥63.9B
/
Dec 2027
¥1.4B
=
45.4
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Higher than 93% of companies in China
Percentile
93rd
Based on 5 557 companies
93rd percentile
277.1
Low
0 — 17.1
Typical Range
17.1 — 57.7
High
57.7 —
Distribution Statistics
China
Min 0
30th Percentile 17.1
Median 29.6
70th Percentile 57.7
Max 43 569.3

Shenzhen Megmeet Electrical Co Ltd
Glance View

Market Cap
69.9B CNY
Industry
Electrical Equipment

Nestled within the bustling economic hub of Shenzhen, Megmeet Electrical Co., Ltd. has carved a niche for itself in the realm of power electronics technology. The company, established in 2003, navigates the intricate web of modern electronics with an adeptness that rivals its global counterparts. Specializing in power electronics and industrial automation, Megmeet operates with a multifaceted approach that incorporates research, design, manufacturing, and sales. Central to its business model is the creation of cutting-edge power supply units and customized power solutions, which serve a wide array of industries, including telecommunications, healthcare, and renewable energy. Through a seamless integration of technological innovation and agile manufacturing, Megmeet caters to the diverse needs of its clients, ensuring a steady stream of revenue through the provision of customizable and reliable electronic solutions. The financial lifeblood of Megmeet flows from its robust product portfolio, which not only addresses existing market needs but also anticipates future demands. By investing heavily in research and development, the company stays at the forefront of technological advancements, continually refining its products. This focus on innovation is complemented by strategic partnerships and a strong distribution network, which amplify its reach across global markets. The company's success is anchored in its ability to offer comprehensive, energy-efficient products that are increasingly vital in a world driven by digitalization and sustainability concerns. As industries transition to cleaner, smarter technologies, Megmeet's diversified product range and commitment to excellence position it as a vital player in powering the world of tomorrow.

Intrinsic Value
49.57 CNY
Overvaluation 59%
Intrinsic Value
Price ¥120.21
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