Risk factor
High price volatility
Profitability factor
Strong growth
About
Zhejiang Meili High Technology Co., Ltd. is a Chinese company focused on supplying a comprehensive range of products to the automotive industry. Its extensive catalog includes various springs, such as those for suspension systems, vehicle seats and interiors, gearboxes (along with their complete spring assemblies), valve springs, hot coil series springs, precision springs, composite leaf springs, tailgate springs, and clutch arc springs. Additionally, the company manufactures stabilizer bars, precision injection-molded components, and parts created through fine blanking and elastic stamping processes. Founded in 1990, Zhejiang Meili High Technology Co., Ltd. operates from its headquarters in Shaoxing, China.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/EBITDA,
Target Price
The average target price of 300611.SZ is 35.5 and suggests 47.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to