Zhejiang Meilun Elevator Co (SHSE:603321) Float Percentage Of Total Shares Outstanding: 0.00% (As of Aug. 04, 2026)

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SHSE:603321 Zhejiang Meilun Elevator Co Ltd SHSE:603321
59 GF Score
Price ¥6.11
GF Value ¥5.21
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Zhejiang Meilun Elevator Co Float Percentage Of Total Shares Outstanding?

Zhejiang Meilun Elevator Co SHSE:603321 -0.97% 59 Float Percentage Of Total Shares Outstanding is 0.00% as of Aug. 04, 2026. GuruFocus rates SHSE:603321 with a GF Score™ of 59/100 and a GF Value™ of ¥5.21 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Zhejiang Meilun Elevator Co's float shares is 0.00 Mil. Zhejiang Meilun Elevator Co's total shares outstanding is 348.89 Mil. Zhejiang Meilun Elevator Co's float percentage of total shares outstanding is 0.00%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Zhejiang Meilun Elevator Co's Insider Ownership is 0.00%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Zhejiang Meilun Elevator Co's Institutional Ownership is 1.72%.

SHSE:603321
59GF Score
Zhejiang Meilun Elevator Co Ltd SHSE:603321
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Meilun Elevator Co Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

Zhejiang Meilun Elevator Co's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=0.00/348.89
=0.00%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 0.00% mean?
Zhejiang Meilun Elevator Co (SHSE:603321) has a Float Percentage Of Total Shares Outstanding of 0.00% as of Aug. 04, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Zhejiang Meilun Elevator Co and its competitors.
Is Zhejiang Meilun Elevator Co's Float Percentage Of Total Shares Outstanding too high?
Zhejiang Meilun Elevator Co's current Float Percentage Of Total Shares Outstanding is 0.00%. Overall, Zhejiang Meilun Elevator Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Meilun Elevator Co's Float Percentage Of Total Shares Outstanding compare to GEV and ETN?
Zhejiang Meilun Elevator Co's Float Percentage Of Total Shares Outstanding of 0.00% can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for an Industrial Products company?
A good Float Percentage Of Total Shares Outstanding depends on the Industrial Products industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Zhejiang Meilun Elevator Co and its competitors. Zhejiang Meilun Elevator Co's current Float Percentage Of Total Shares Outstanding is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Meilun Elevator Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Meilun Elevator Co (SHSE:603321) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.21, compared to a current price of ¥6.11 — trading 17.3% above its estimated fair value. The current Float Percentage Of Total Shares Outstanding is 0.00%. Zhejiang Meilun Elevator Co's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For Zhejiang Meilun Elevator Co (SHSE:603321), the current Float Percentage Of Total Shares Outstanding is 0.00% as of Aug. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zhejiang Meilun Elevator Co (SHSE:603321) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Meilun Elevator Co stock appears to be overvalued. The current stock price of ¥6.11 is trading 17.3% above its estimated GF Value™ of ¥5.21. GuruFocus considers Zhejiang Meilun Elevator Co to be Modestly Overvalued.

Key valuation signals for SHSE:603321:

  • Float Percentage Of Total Shares Outstanding: 0.00%
  • GF Value™: ¥5.21 vs. price of ¥6.11 (17.3% above fair value)
  • GF Score™: 59/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Meilun Elevator Co Business Description

Address No. 888, Qitao Road, Qixian Street, Keqiao District, Zhejiang Province, Shaoxing, CHN, 312065
Zhejiang Meilun Elevator Co Ltd operates in the elevator industrial field. The company is mainly engaged in the production and sales of passenger elevators, escalators, moving walkways, and accessory parts, installation and maintenance of the whole product. The main products include passenger elevators, freight elevators, medical ladders, sightseeing ladders, escalators, automatic sidewalks, three-dimensional garages, and accessories. The products are widely used in residential areas, shopping malls, hotels, and public facilities.
59GF Score

Get the complete analysis for SHSE:603321

Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥6.11
Price
¥5.21
GF Value