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Complete financial analysis of MeiG Smart Technology Co., Ltd (002881.SZ) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of MeiG Smart Technology Co., Ltd, a leading company in the Communication Equipment industry within the Technology sector.
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MeiG Smart Technology Co., Ltd (002881.SZ)
About MeiG Smart Technology Co., Ltd
MeiG Smart Technology Co., Ltd. engages in the research and development, production, and sale of Internet of Things terminals and wireless communication modules and solutions worldwide. The company's products include smart terminals, 5G and 4G LTE modules, NB-IoT Modules, smart, and automotive modules; and wireless data solutions for use in smart positioning and tracking, payment methods for retailers, blind spot monitoring driving, logistics, and alarm solutions in energy fields. The company was formerly known as Shenzhen MeiG Smart Technology Co., Ltd and changed its name to MeiG Smart Technology Co., Ltd. in December 2017. MeiG Smart Technology Co., Ltd. was founded in 2007 and is headquartered in Shenzhen, China.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.15B | 2.31B | 1.97B | 1.12B | 932.84M | 989.83M | 642.47M | 479.66M | 388.50M | 303.11M | 234.20M |
| Cost of Revenue | 1.74B | 1.89B | 1.60B | 882.03M | 746.07M | 826.91M | 488.06M | 365.82M | 298.92M | 232.56M | 183.88M |
| Gross Profit | 411.35M | 411.74M | 371.51M | 238.82M | 186.77M | 162.92M | 154.41M | 113.84M | 89.58M | 70.55M | 50.32M |
| Gross Profit Ratio | 19.16% | 17.86% | 18.87% | 21.31% | 20.02% | 16.46% | 24.03% | 23.73% | 23.06% | 23.28% | 21.49% |
| Research & Development | 213.88M | 185.91M | 169.19M | 141.05M | 85.18M | 55.10M | 45.93M | 14.29M | 4.90M | 9.55M | 0.00 |
| General & Administrative | 12.50M | 14.01M | 13.21M | 7.68M | 7.67M | 8.08M | 10.07M | 7.47M | 12.59M | 4.71M | 21.81M |
| Selling & Marketing | 33.99M | 46.36M | 35.17M | 28.01M | 21.10M | 14.22M | 11.09M | 7.78M | 5.64M | 6.76M | 1.84M |
| SG&A | 46.48M | 60.37M | 48.38M | 35.69M | 28.77M | 22.30M | 21.16M | 15.25M | 18.23M | 11.48M | 23.64M |
| Other Expenses | 87.35M | 20.10M | 12.63M | 8.09M | 23.06M | 1.16M | -54.88K | 5.92M | 2.06M | 1.18M | 363.97K |
| Operating Expenses | 347.71M | 266.37M | 230.20M | 184.82M | 137.01M | 95.96M | 86.02M | 56.02M | 46.64M | 42.70M | 24.71M |
| Cost & Expenses | 2.08B | 2.16B | 1.83B | 1.07B | 883.08M | 922.87M | 574.08M | 421.84M | 345.56M | 275.26M | 208.59M |
| Interest Income | 4.28M | 1.08M | 548.93K | 8.28M | 1.07M | 1.01M | 181.85K | 69.45K | 11.85K | 11.23K | -0.29 |
| Interest Expense | 9.00M | 13.64M | 9.07M | 1.48M | 1.99M | 3.36M | 3.10M | 3.66M | 3.95M | 2.13M | 1.84M |
| Depreciation & Amortization | 54.35M | 45.26M | 38.99M | 13.80M | 17.68M | 16.43M | 14.79M | 16.14M | 13.47M | 12.94M | 8.99M |
| EBITDA | 125.89M | 214.91M | 158.67M | 31.46M | 34.83M | 61.80M | 76.05M | 71.60M | 49.30M | 41.05M | 34.60M |
| EBITDA Ratio | 5.86% | 9.44% | 10.38% | 5.63% | 7.21% | 8.41% | 12.81% | 15.92% | 14.70% | 14.57% | 16.29% |
| Operating Income | 63.64M | 149.82M | 168.38M | 53.01M | 53.26M | 46.81M | 62.36M | 50.48M | 34.60M | 26.98M | 20.49M |
| Operating Income Ratio | 2.96% | 6.50% | 8.55% | 4.73% | 5.71% | 4.73% | 9.71% | 10.52% | 8.91% | 8.90% | 8.75% |
| Total Other Income/Expenses | -515.76K | -230.91K | -4.36K | -1.47M | -170.85K | 1.16M | -54.88K | 5.92M | 413.28K | 1.09M | 95.28K |
| Income Before Tax | 63.13M | 149.58M | 113.61M | 15.08M | 18.83M | 47.97M | 62.30M | 56.40M | 35.01M | 28.07M | 20.59M |
| Income Before Tax Ratio | 2.94% | 6.49% | 5.77% | 1.35% | 2.02% | 4.85% | 9.70% | 11.76% | 9.01% | 9.26% | 8.79% |
| Income Tax Expense | 517.58K | 22.97M | -4.14M | -12.36M | -5.63M | 1.32M | 6.02M | 9.69M | 3.16M | 3.45M | 2.70M |
| Net Income | 64.51M | 127.84M | 118.14M | 27.44M | 24.45M | 46.66M | 56.29M | 46.71M | 31.85M | 24.62M | 17.89M |
| Net Income Ratio | 3.00% | 5.54% | 6.00% | 2.45% | 2.62% | 4.71% | 8.76% | 9.74% | 8.20% | 8.12% | 7.64% |
| EPS | 0.25 | 0.54 | 0.50 | 0.12 | 0.10 | 0.20 | 0.27 | 0.26 | 0.18 | 0.15 | 0.19 |
| EPS Diluted | 0.25 | 0.54 | 0.50 | 0.12 | 0.10 | 0.20 | 0.27 | 0.26 | 0.18 | 0.15 | 0.19 |
| Weighted Avg Shares Out | 260.12M | 237.04M | 236.17M | 235.74M | 235.74M | 235.73M | 206.29M | 177.99M | 175.96M | 160.06M | 91.95M |
| Weighted Avg Shares Out (Dil) | 260.22M | 238.01M | 238.52M | 235.74M | 235.74M | 235.73M | 206.29M | 177.99M | 175.96M | 160.06M | 91.95M |
Source: https://incomestatements.info
Category: Stock Reports