Zhejiang Meilun Elevator Co., Ltd. 603321.SS Open Zhejiang Meilun Elevator Co., Ltd. in new tab
Zhejiang Meilun Elevator Co., Ltd. Analysis (603321.SS)
Is Zhejiang Meilun Elevator Co., Ltd. a good investment? Zhejiang Meilun Elevator Co., Ltd. (603321.SS) is currently trading at 7.43 CNY.
In terms of valuation, the stock trades at a P/E ratio of 67.00. This high multiple suggests investors have priced in significant future growth expectations.
For income investors, Zhejiang Meilun Elevator Co., Ltd. pays a dividend yield of 2.58%. With a payout ratio of 182%, the dividend appears to be under pressure.
Investor FAQ
Does Zhejiang Meilun Elevator Co., Ltd. pay a dividend?
Yes, it pays an annual dividend of 0.20 CNY (2.58% yield).
What asset class is Zhejiang Meilun Elevator Co., Ltd.?
Zhejiang Meilun Elevator Co., Ltd. is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
Company Profile
Zhejiang Meilun Elevator Co., Ltd. designs, manufactures, and sells elevators and escalators in China. It offers passenger, freight, old residential areas, household, medical, and sightseeing elevators, as well as escalators, moving walkways, stereo garages, and accessories. Its products are used for applications in shopping malls, supermarkets, stations, airports, overpasses and other public transportation facilities, residential areas, commercial complexes, hotels, office buildings, industrial parks, factories, warehousing and logistics centers, and factories, restaurants, libraries, etc. The company was founded in 1978 and is based in Shaoxing, China.
Dividend Yield
2.58% (5y avg: 1.77%)
Annual Dividends
0.20 CNY
Next ex. div date
June 23, 2025
Payout Ratio
181.82%
Historical Dividends
| Year | Total Dividends |
|---|---|
| 2026 | 0.28 CNY |
| June 11, 2026 (estimated) | 0.2750 |
| 2025 | 0.20 CNY |
| June 23, 2025 | 0.2000 |
| 2024 | 0.15 CNY |
| June 26, 2024 | 0.1500 |
| 2023 | 0.10 CNY |
| June 27, 2023 | 0.1000 |
| 2022 | 0.10 CNY |
| June 21, 2022 | 0.1000 |
| 2021 | 0.10 CNY |
| Sept. 30, 2021 | 0.0500 |
| June 16, 2021 | 0.0500 |
| 2020 | 0.05 CNY |
| June 11, 2020 | 0.0500 |
| 2019 | 0.05 CNY |
| June 11, 2019 | 0.0500 |
| 2018 | 0.10 CNY |
| June 15, 2018 | 0.1000 |
Yearly aggregated dividends
Dividends
|
Zhejiang Meilun Elevator Co., Ltd.
Jun 23, 2025 Paid
Dividend
0.2 CNY |
Historical Split Corporate Actions
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