Shenzhen MTC Co., Ltd. (002429.SZ) Stock

About Shenzhen MTC Co., Ltd.

Shenzhen MTC Co., Ltd. specializes in the design, development, manufacturing, and distribution of a wide array of electronic products, encompassing LCD televisions, set-top boxes, LED lighting solutions, networking equipment, and various internet entertainment products and related services. The company additionally delivers services such as smart manufacturing, digital entertainment, and general consumer support. For its consumer electronics, it employs the brand names FunTV and MTC Lighting. Founded in 2005, the firm is based in Shenzhen, China.

Shenzhen MTC Co., Ltd. is led by CEO Jun Ou, employs 12,538 people, headquartered in Shenzhen, CN, publicly traded since 2010.

Shenzhen MTC Co., Ltd. (002429.SZ) stock trades at $8.15 with a market capitalization of $35.22B. The stock is valued at a price-to-earnings (P/E) ratio of 28.81, price-to-book of 2.08, price-to-sales of 1.93. Over the past 52 weeks the stock has ranged between $4.49 and $13.88, and currently trades 41.3% below its 52-week high. It pays a dividend yielding 1.17%.

On profitability, Shenzhen MTC Co., Ltd. generates a return on equity (ROE) of 7.92%, an operating margin of 7.86%, a net profit margin of 6.45%.

The balance sheet shows a debt-to-equity ratio of 0.22 — a conservative balance sheet with little leverage risk, a current ratio of 3.21.

002429.SZ has an average daily trading volume of 126,118,604 shares, a beta of 0.85, 4.53B shares outstanding.

Official website: www.szmtc.com.cn