MeiG Smart Technology Co., Ltd

Shenzhen Stock Exchange 002881.SZ

MeiG Smart Technology Co., Ltd Return on Assets (ROA) for the year ending December 31, 2023: 3.01%

MeiG Smart Technology Co., Ltd Return on Assets (ROA) is 3.01% for the year ending December 31, 2023, a -59.37% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

MeiG Smart Technology Co., Ltd Return on Assets (ROA) for the year ending December 31, 2022 was 7.40%, a -5.84% change year over year.
MeiG Smart Technology Co., Ltd Return on Assets (ROA) for the year ending December 31, 2021 was 7.86%, a 180.39% change year over year.
MeiG Smart Technology Co., Ltd Return on Assets (ROA) for the year ending December 31, 2020 was 2.80%, a -10.02% change year over year.
MeiG Smart Technology Co., Ltd Return on Assets (ROA) for the year ending December 31, 2019 was 3.12%, a -40.04% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

Shenzhen Stock Exchange: 002881.SZ

MeiG Smart Technology Co., Ltd

CEO	Mr. Ping Wang
IPO Date	June 22, 2017
Location	China
Headquarters	No.1006 Shennan Avenue
Employees	928
Sector	Technology
Industries Hardware & Electronics Automobiles & Vehicles Autonomous Driving Defense & Military Drones Electric Vehicles (EVs) Internet of Things (IoT) Satellite Smartphones

Description

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.

Key trends

Past 5 years