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001122334455554433221100
001122334455554433221100

zhejiang meida industrial shows potential for growth despite recent sales decline

Zhejiang Meida Industrial Co., Ltd., specializing in household kitchen appliances, particularly integrated stoves, is currently trading at CN¥7.57, significantly below its fair value of CN¥13.57, indicating potential undervaluation. Despite a decline in sales and net income for the nine months ending September 2024, earnings are forecasted to grow substantially over the next three years, suggesting a positive outlook for the company.
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