CompanyGraph
Zhejiang Meili High Technology Co., Ltd.
300611 · SZSE · China
meilisprings.comFinancials as of FY2025
What stands out
- Earnings significantly exceed cash generation
At a glance
- Depends onUpstream position: supplies 6 industries, depends on 2
- PositionDebt-to-equity is 1.66×, higher than 95% of its Tools & Accessories peers (median 0.14×)
- FinancialsLow earnings quality
- Interpretations2 currently firing — 2
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.56%Above 5Y avg (0.48%)
Annual Rate
CNY 0.15Paid annual
Payout Ratio
17.4%Sustainable
Last Ex-Dividend
Jun 4, 2026
The reported statements, read against the company's own industry.
What stands out
- Earnings significantly exceed cash generation
Financials view
Market Capitalization
5.69BCNY849.46M · vs all stocks (USD)
Trailing P/E
31.36xvs Tools & Accessories peers
Revenue (TTM)
3.20BCNY477.09M · vs all stocks (USD)
Profit Margin
5.69%vs Tools & Accessories peers
Beta
0.2630xvs all stocks
52-Week Change
3.89%vs all stocks
Market Capitalization
5.69BCNY849.46M · vs all stocks (USD)
Enterprise Value
7.60BCNY1.13B · vs all stocks (USD)
Trailing P/E
31.36xvs Tools & Accessories peers
Forward P/E
11.10xvs Tools & Accessories peers
Price to Sales (TTM)
1.78xvs Tools & Accessories peers
Price to Book (MRQ)
4.37xvs Tools & Accessories peers
Enterprise to Revenue
2.38xvs Tools & Accessories peers
Enterprise to EBITDA
18.77xvs Tools & Accessories peers
Gross Margin
19.72%vs Tools & Accessories peers
Profit Margin
5.69%vs Tools & Accessories peers
Operating Margin
7.54%vs Tools & Accessories peers
Return on Assets (TTM)
4.28%vs Tools & Accessories peers
Return on Equity (TTM)
14.31%vs Tools & Accessories peers
Revenue (TTM)
3.20BCNY477.09M · vs all stocks (USD)
Revenue per Share (TTM)
15.11CNYUpdated Sep 21, 2026Quarterly Revenue Growth
239.00%vs Tools & Accessories peers
Gross Profit (TTM)
665.63MCNY99.32M · vs all stocks (USD)
EBITDA (TTM)
282.13MCNY42.10M · vs all stocks (USD)
Net Income (TTM)
181.98MCNY27.15M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
113.60%vs Tools & Accessories peers
Operating Cash Flow (TTM)
54.78MCNY8.17M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-130.52MCNY-19.48M · vs all stocks (USD)
Trailing Annual Dividend Rate
0.1500CNYUpdated Sep 21, 2026Trailing Annual Dividend Yield
0.56%vs all stocks
5-Year Average Dividend Yield
0.48%vs all stocks
Payout Ratio
17.44%vs Tools & Accessories peers
Minority Interest (Equity)
85.33MCNYFY2025 · Dec 31, 2025Revenue
2.01BCNYFY2025 · Dec 31, 2025Cost of Goods Sold
1.53BCNYFY2025 · Dec 31, 2025Gross Profit
482.95MCNYFY2025 · Dec 31, 2025Operating Income
206.71MCNY30.84M · vs all stocks (USD)
Pre-tax Income
164.34MCNYFY2025 · Dec 31, 2025Income Tax Expense
13.11MCNYFY2025 · Dec 31, 2025Net Income
151.23MCNYFY2025 · Dec 31, 2025EBIT
184.35MCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
324.92MCNYFY2025 · Dec 31, 2025Research & Development
85.05MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
95.87MCNYFY2025 · Dec 31, 2025Other Operating Expenses
14.81MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
7.15MCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
20.01MCNYFY2025 · Dec 31, 2025EPS (Basic)
0.6900CNYFY2025 · Dec 31, 2025EPS (Diluted)
0.6900CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
211.45MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
211.45MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
151.23MCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
-5.33MCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
67.55MCNYFY2025 · Dec 31, 2025Free Cash Flow
-100.40MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
420.87MCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
151.23MCNYFY2025 · Dec 31, 2025Other Non-cash Items
26.32MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-18.29MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-91.70MCNYFY2025 · Dec 31, 2025Capital Expenditures
-167.95MCNYFY2025 · Dec 31, 2025Purchase of Investments
-15.00MCNYFY2025 · Dec 31, 2025Other Investing Activity
-63.53MCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
-246.48MCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
620.54MCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-391.72MCNYFY2025 · Dec 31, 2025Common Dividends Paid
-44.99MCNYFY2025 · Dec 31, 2025Other Financing Charges
27.05MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
210.88MCNYFY2025 · Dec 31, 2025Shares Outstanding
211.07MSharesUpdated Sep 21, 2026Float Shares
123.94MSharesUpdated Sep 21, 2026% Held by Insiders
45.00%vs all stocks
% Held by Institutions
1.07%vs all stocks
Total Cash (MRQ)
390.87MCNY58.33M · vs all stocks (USD)
Total Cash per Share (MRQ)
1.87CNYUpdated Sep 21, 2026Total Debt (MRQ)
2.27BCNY339.24M · vs all stocks (USD)
Total Debt to Equity (MRQ)
1.66xvs Tools & Accessories peers
Current Ratio (MRQ)
1.21xvs Tools & Accessories peers
Book Value per Share (MRQ)
6.17CNYUpdated Sep 21, 2026Total Assets
2.66BCNY396.56M · vs all stocks (USD)
Total Current Assets
1.58BCNYFY2025 · Dec 31, 2025Total Liabilities
1.31BCNYFY2025 · Dec 31, 2025Total Non-current Assets
1.07BCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
143.12MCNYFY2025 · Dec 31, 2025Total Current Liabilities
1.16BCNYFY2025 · Dec 31, 2025Cash
421.36MCNYFY2025 · Dec 31, 2025Cash Equivalents
12.07MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
433.43MCNYFY2025 · Dec 31, 2025Other Short-term Investments
231.76KCNYFY2025 · Dec 31, 2025Accounts Receivable
586.34MCNYFY2025 · Dec 31, 2025Inventory
354.26MCNYFY2025 · Dec 31, 2025Accounts Payable
395.20MCNYFY2025 · Dec 31, 2025Short-term Debt
665.95MCNYFY2025 · Dec 31, 2025Other Current Liabilities
12.13MCNYFY2025 · Dec 31, 2025Long-term Debt
110.28MCNYFY2025 · Dec 31, 2025Common Stock (Book)
211.07MCNYFY2025 · Dec 31, 2025Retained Earnings
434.03MCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
1.35BCNY201.71M · vs all stocks (USD)
52-Week Low
22.20CNYUpdated Sep 21, 202652-Week High
37.33CNYUpdated Sep 21, 202652-Week Change
3.89%vs all stocks
Beta
0.2630xvs all stocks
50-Day MA
24.63CNYUpdated Sep 21, 2026200-Day MA
26.37CNYUpdated Sep 21, 2026Avg 10-Day Volume
3.50MSharesUpdated Sep 21, 2026Avg 30-Day Volume
3.52MSharesUpdated Sep 21, 2026Diluted EPS (TTM)
0.8600CNYUpdated Sep 21, 20262 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company use capital?
Operating Income Growing With Multi-Year Revenue Growth
Revenue up in each of five years, with operating income up in each of four.
Reads
Is this company growing?
Multi-Year Revenue And Profit Growth
Revenue and earnings have both grown steadily across six years.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Debt-to-equity is 1.66×, higher than 95% of its Tools & Accessories peers (median 0.14×)Significant
Debt-to-equity: 1.66Industry median: 0.14Industry P95: 1.02Peers compared: 40.00
Structural Tensions
Earnings significantly exceed cash generationSignificant
Net Income (USD, TTM): 27,154,401.42Operating Cash Flow (USD, TTM): 8,174,743.732
Financial Health
Low earnings qualitySignificant
Earnings Quality Score: -0.98
Altman Z-Score 4.02: safe zoneNotable
Altman Z-Score: 4.02
Supply Chain
Upstream position: supplies 6 industries, depends on 2Notable
Outgoing: 6.00Incoming: 2.00
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