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Zhejiang Meili High Technology Co., Ltd is currently in a long term uptrend where the price is trading 6.3% above its 200 day moving average.
From a valuation standpoint, the stock is 52.6% cheaper than other stocks from the Industrials sector with a price to sales ratio of 2.4.
Zhejiang Meili High Technology Co., Ltd's total revenue rose by 38.8% to $183M since the same quarter in the previous year.
Its net income has increased by 90.9% to $16M since the same quarter in the previous year.
Finally, its free cash flow fell by 126.9% to $-6M since the same quarter in the previous year.
Based on the above factors, Zhejiang Meili High Technology Co., Ltd gets an overall score of 4/5.
| Sector | Industrials |
|---|---|
| Industry | Tools & Accessories |
| Exchange | SHE |
| CurrencyCode | CNY |
| ISIN | CNE100002PS1 |
| PE Ratio | 38.67 |
|---|---|
| Target Price | 35.5 |
| Dividend Yield | 0.6% |
| Beta | 0.26 |
| Market Cap | 5B |
Zhejiang Meili High Technology Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of high-end spring products in China and internationally. The company offers stabilizer bars and other automotive components; auto suspension system springs, body and interior springs, powertrain springs, general-purpose springs, various elastic devices, and precision injection molded parts; valve springs for power systems, transmission diaphragm springs, and spring assemblies; spring and injection molding parts assembly for automotive interior decoration; automotive rear door springs and clutch arc springs; hot coiling heavy springs; and general springs. It also engages in road transport; general equipment manufacturing; and commerce and trade activities. The company serves various industries, including automotive, construction machinery, aerospace, power electrical systems, nuclear power, valves, and robotics. Zhejiang Meili High Technology Co., Ltd. was founded in 1990 and is headquartered in Shaoxing, China.
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