Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
002851.SZ
HOLDREMOVEShenzhen Megmeet Electrical Co., LTD · Industrials · China · $10.8B · Avg Vol: $757M/d
Shenzhen Megmeet Electric operates in highly competitive industrial power supply markets with thin margins, failing to demonstrate the un-copyable moat required for our concentrated book.
COMPANY DESCRIPTION
Shenzhen Megmeet Electrical Co., Ltd. provides power electronics and industrial control technology, manufacturing products such as smart power supplies, industrial automation drives, and smart home appliances controllers. The company serves a highly diversified range of industries, including telecommunications, medical, and new energy vehicles. Its competitive edge lies in its platform-based R&D approach, allowing rapid customization and high-efficiency power conversion solutions.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 810M | 998M | 1.2B | 1.4B | 19.7% |
| EPS | 0.14 | 0.19 | 0.13 | 0.04 | -34.4% |
| Shares | 498M | 501M | 546M | 550M | +10.6% |
| Debt | 225M | 258M | 217M | 302M | 10.2% |
| Equity | 547M | 653M | 889M | 919M | 18.8% |
| Op CF | -3M | 46M | 20M | -21M | -55.6% |
| Inv CF | -177M | -43M | -22M | -129M | — |
| Fin CF | 179M | 12M | 106M | 82M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 002851.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 002851.SZ | Shenzhen Megmeet Electrical Co., LTD(you) | $10.8B | 41 | HOLD |
| 688777.SS | Supcon Technology Co.,Ltd | $10.0B | 33 | SELL |
| 601179.SS | China XD Electric Co., Ltd | $12.6B | 49 | HOLD |
| 688676.SS | Hainan Jinpan Smart Technology Co., Ltd. | $6.8B | 45 | HOLD |
| 3931.HK | CALB Group Co., Ltd. | $6.6B | 37 | HOLD |
| 301358.SZ | Hunan Yuneng New Energy Battery Material Co.,Ltd. | $11.0B | 57 | HOLD |
| 300870.SZ | Shenzhen Honor Electronic Co., Ltd. | $6.2B | 36 | HOLD |
| 600089.SS | TBEA Co., Ltd. | $18.9B | 48 | HOLD |
| 601877.SS | Zhejiang Chint Electrics Co., Ltd. | $9.3B | 56 | HOLD |
| 600869.SS | Far East Smarter Energy Co., Ltd. | $7.9B | 29 | SELL |
Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%