6 stories mentioning SHE:002851Updated 26m ago
Every FINWIRES story that references SHE:002851, newest first.
Shenzhen Megmeet Electrical (SHE:002851) has an average rating of overweight and mean price target of 135.49 yuan, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Shenzhen Megmeet Electrical (SHE:002851) on June 26 applied for an H-share listing on the Hong Kong Stock Exchange, according to a weekend filing with the Shenzhen bourse.The listing is subject to approvals from the China Securities Regulatory Commission, the Hong Kong Securities and Futures Commission and the Hong Kong bourse.Shares of the industrial automation equipment manufacturer were down 2% in recent trade.
Shenzhen Megmeet Electrical (SHE:002851) plans to issue H shares and list on the Hong Kong Stock Exchange's Main Board.The move aims to deepen global expansion, build an international platform and boost competitiveness, according to a Wednesday filing with the Shenzhen bourse.The listing is subject to shareholder approval, compliance with applicable Chinese and Hong Kong laws, and approvals from the China Securities Regulatory Commission, Hong Kong Securities and Futures Commission and Hong Kong bourse.Shares of the industrial automation equipment manufacturer fell over 6% in recent trade.
Shenzhen Megmeet Electrical (SHE:002851) provided a 150-million-yuan joint liability guarantee for subsidiary Zhejiang Yihe Sanitary Ware, according to a Friday filing with the Shenzhen bourse.The guarantee falls within the industrial automation equipment manufacturer's approved 2026 quota of 6.07 billion yuan, with the remaining available guarantee at 5.92 billion yuan.Shares of the company were down nearly 4% in recent trade.
Shenzhen Megmeet Electrical's (SHE:002851) net profit attributable to shareholders in 2025 dropped 67% to 145.8 million yuan from 436.1 million yuan a year earlier, according to a Shenzhen bourse filing on Wednesday.Earnings per share dipped 68% year on year to 0.26 yuan from 0.83 yuan.Operating revenue rose 15% to 9.40 billion yuan from 8.17 billion yuan in the prior year.The Chinese industrial automation equipment manufacturer's shares jumped 10% at the close.
Shenzhen Megmeet Electrical's (SHE:002851) net profit attributable to shareholders in the first quarter rose 6.9% to 114.7 million yuan from 107.3 million yuan a year earlier, according to a Shenzhen bourse filing on Wednesday.Earnings increased 2.2% year on year to 0.1995 yuan from 0.1953 yuan.Operating revenue climbed 20% to 2.79 billion yuan from 2.32 billion yuan in the previous year.The Chinese industrial automation equipment manufacturer's shares jumped 10% at the close.
