300611.SZ
Price:
$27.57
Market Cap:
$5.82B
Zhejiang Meili High Technology Co., Ltd. provides automotive products in China. It offers suspension system springs, seat and interior springs, gearbox spring and spring assembly products, valve springs, stabilizer bars, hot coil series springs, precision springs, composite leaf springs, precision injection molded parts, fine blanking parts and elastic stamping parts, tailgate springs, and clutch arc springs. Zhejiang Meili High Technology Co., Ltd. was founded in 1990 and is headquartered in Shaoxing, China.
Industry
Manufacturing - Tools & Accessories
IPO Date
2017-02-21
Stock Exchange
SHZ
Ticker
300611.SZ
According to Zhejiang Meili High Technology Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is 12.60%. This represents a change of 301.28% compared to the average of 3.14% of the last 4 quarters.
The mean historical ROE of Zhejiang Meili High Technology Co., Ltd. over the last ten years is 5.80%. The current 12.60% ROE has changed 117.12% with respect to the historical average. Over the past ten years (40 quarters), 300611.SZ's ROE was at its highest in in the December 2016 quarter at 5.42%. The ROE was at its lowest in in the December 2022 quarter at -3.08%.
Average
5.80%
Median
5.13%
Minimum
-3.81%
Maximum
13.05%
Discovering the peaks and valleys of Zhejiang Meili High Technology Co., Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 139.22%
Maximum Annual ROE = 13.05%
Minimum Annual Increase = -237.92%
Minimum Annual ROE = -3.81%
| Year | ROE | Change |
|---|---|---|
| 2024 | 9.81% | 139.22% |
| 2023 | 4.10% | -207.62% |
| 2022 | -3.81% | -237.92% |
| 2021 | 2.76% | -55.16% |
| 2020 | 6.16% | 111.52% |
| 2019 | 2.91% | -3.17% |
| 2018 | 3.01% | -57.37% |
| 2017 | 7.06% | -45.92% |
| 2016 | 13.05% | 0.63% |
| 2015 | 12.97% | -20.04% |
The current ROE of Zhejiang Meili High Technology Co., Ltd. (300611.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
3.37%
5-year avg
3.80%
10-year avg
5.80%
Zhejiang Meili High Technology Co., Ltd.’s ROE is less than Ningbo Daye Garden Machinery Co.,Ltd. (8.72%), less than SF Diamond Co.,Ltd. (6.83%), less than Shareate Tools Ltd. (9.39%), less than Xianheng International Science&Technology Co., Ltd. (15.13%), less than EST Tools Co., Ltd (9.43%), less than Shenzhen Kaizhong Precision Technology Co., Ltd. (11.72%), less than Zhuzhou Huarui Precision Cutting Tools Co.,Ltd (12.16%), less than WindSun Science&Technology Co.,Ltd. (10.11%), less than Jiangsu Tongrun Equipment Technology Co.,Ltd (12.59%), less than NCS Testing Technology Co., Ltd. (12.90%),
| Company | ROE | Market cap |
|---|---|---|
| 8.72% | $5.75B | |
| 6.83% | $7.77B | |
| 9.39% | $7.08B | |
| 15.13% | $8.14B | |
| 9.43% | $5.49B | |
| 11.72% | $5.16B | |
| 12.16% | $7.32B | |
| 10.11% | $6.08B | |
| 12.59% | $7.40B | |
| 12.90% | $6.14B |
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