Risk factor
Very high price volatility
Profitability factor
Very favourable analyst view
About
Zhejiang Meorient Commerce Exhibition Inc., headquartered in Hangzhou, China, and founded in 2010, is a specialist provider of convention and trade show management services. The company orchestrates a diverse portfolio of exhibitions, notably the "Home Life" series, which showcases a broad spectrum of consumer products including furniture, household electronics, textiles, apparel, home decor, lighting solutions, and various food items. Complementing this, the "Machinex" series targets industrial machinery sectors, encompassing plastics manufacturing equipment, printing and packaging technology, food processing systems, hardware, automotive components, power generation and new energy solutions, welding and cutting tools, and elevator parts. Additionally, Meorient facilitates global trade through its online platform, the TradeChina Digital Exhibition. Its international reach is substantial, organizing events across 13 countries: Turkey, Poland, Egypt, South Africa, Nigeria, Kenya, Jordan, Mexico, Brazil, Kazakhstan, India, the United Arab Emirates, and Indonesia.
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 300795.SZ is 15.3 and suggests 90.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to