Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
002881.SZ
SELLREMOVEMeiG Smart Technology Co., Ltd · Technology · China · $2.0B · Avg Vol: $74M/d
MeiG Smart Technology manufactures wireless communication modules and IoT solutions. It operates in a highly commoditized, low-margin hardware segment with intense domestic competition, failing our criteria for high pricing power and structural moats.
COMPANY DESCRIPTION
MeiG Smart Technology Co., Ltd. is a leading global provider of cellular Internet of Things (IoT) wireless modules and smart terminal solutions, specializing in 4G and 5G technologies. The company's products are widely used in smart retail, automotive connectivity, industrial IoT, and smart payment terminals. Its competitive edge is driven by strong R&D in Android-based smart modules, customized software integration, and a global customer support network.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 341M | 317M | 435M | 554M | 17.6% |
| EPS | 0.08 | 0.04 | 0.08 | 0.08 | 0.3% |
| Shares | 240M | 262M | 262M | 262M | +9.2% |
| Debt | 61M | 5M | 54M | 60M | -0.9% |
| Equity | 121M | 219M | 232M | 252M | 27.6% |
| Op CF | 5M | -5M | -19M | 5M | 0.7% |
| Inv CF | -23M | -15M | 2M | -6M | — |
| Fin CF | 2M | 28M | 45M | -4M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 002881.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 002881.SZ | MeiG Smart Technology Co., Ltd(you) | $2.0B | 23 | SELL |
| 2715.HK | ESTUN | $2.1B | 26 | SELL |
| 002583.SZ | Hytera Communications Corporation Limited | $2.3B | 22 | SELL |
| 000070.SZ | Shenzhen SDG Information Co., Ltd. | $2.3B | 19 | STRONG SELL |
| 301191.SZ | Shenzhen Phoenix Telecom Technology Co.,Ltd. | $1.6B | 26 | SELL |
| 0901.HK | Shenzhen SDMC Technology Co., Ltd. | $1.7B | 28 | SELL |
| 300252.SZ | Kingsignal Technology Co., Ltd. | $1.5B | 21 | SELL |
| 300322.SZ | Huizhou Speed Wireless Technology Co.,Ltd. | $2.2B | 16 | STRONG SELL |
| 688418.SS | Genew Technologies Co.,Ltd. | $1.4B | 21 | SELL |
| 000810.SZ | Skyworth Digital Co., Ltd. | $2.0B | 35 | HOLD |
Peer medians: ROE 3.8% · P/E 77.4x · Gross margin 25.9%