601615 Stock Overview Engages in the research and development, design, manufacture, sale, maintenance, and operation of energy equipment, wind turbines, and core components in China. More details
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Ming Yang Smart Energy Group Limited Competitors Price History & Performance
Summary of share price highs, lows and changes for Ming Yang Smart Energy Group Historical stock prices Current Share Price CN¥12.90 52 Week High CN¥15.13 52 Week Low CN¥7.85 Beta 0.50 1 Month Change 2.54% 3 Month Change 54.31% 1 Year Change 7.86% 3 Year Change -49.51% 5 Year Change 5.39% Change since IPO 88.60%
Recent News & Updates See more updates
Price target increased by 10% to CN¥13.63 Dec 04
Price target increased by 9.6% to CN¥12.38 Nov 18
Third quarter 2024 earnings released: EPS: CN¥0.068 (vs CN¥0.26 in 3Q 2023) Oct 31
Investor sentiment improves as stock rises 19% Oct 23
Further Upside For Ming Yang Smart Energy Group Limited (SHSE:601615) Shares Could Introduce Price Risks After 36% Bounce Oct 22
Price target increased by 8.8% to CN¥11.29 Oct 08
Ming Yang Smart Energy Group Limited to Report Q3, 2024 Results on Oct 31, 2024 Sep 30
Investor sentiment improves as stock rises 17% Sep 27
Ming Yang Smart Energy Group's (SHSE:601615) Anemic Earnings Might Be Worse Than You Think Sep 06
Consensus revenue estimates fall by 11% Sep 06
Revenue Downgrade: Here's What Analysts Forecast For Ming Yang Smart Energy Group Limited (SHSE:601615) Sep 04
Second quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.39 in 2Q 2023) Sep 03
Analysts Just Made A Major Revision To Their Ming Yang Smart Energy Group Limited (SHSE:601615) Revenue Forecasts Aug 07
Consensus revenue estimates decrease by 11% Aug 07
Price target decreased by 33% to CN¥10.71 Aug 06
Price target decreased by 11% to CN¥15.26 Jul 05
Ming Yang Smart Energy Group Limited to Report First Half, 2024 Results on Aug 31, 2024 Jun 28
Ming Yang Smart Energy Group Limited Announces Cash Dividend Per Share (A Share) for 2023, Payable on July 5, 2024 Jun 27
These 4 Measures Indicate That Ming Yang Smart Energy Group (SHSE:601615) Is Using Debt In A Risky Way Jun 07 Ming Yang Smart Energy Group Limited Proposes to Distribute A Cash Dividend for the Year 2023 Jun 06
Ming Yang Smart Energy Group Limited and Chongqing Chengfei New Material Co., Ltd. Provides Updates on Litigation May 18
Consensus EPS estimates increase by 15%, revenue downgraded May 10
Consensus EPS estimates fall by 42% May 05
Ming Yang Smart Energy Group Limited (SHSE:601615) acquired Guangdong Mingyang Longyuan Power Electronics Co., Ltd. from Chongqing Qijiang Zhongshan Electric Appliance Co., Ltd. May 01 Ming Yang Smart Energy Group Limited (SHSE:601615) acquired Guangdong Mingyang Longyuan Power Electronics Co., Ltd. from Chongqing Qijiang Zhongshan Electric Appliance Co., Ltd.
First quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.10 loss in 1Q 2023) Apr 29
Ming Yang Smart Energy Group Limited Provides Earnings Guidance for the 1 January 2024 to 31 March 2024 Apr 13
New major risk - Revenue size Apr 12
Ming Yang Smart Energy Group Limited to Report Q1, 2024 Results on Apr 29, 2024 Mar 30
Consensus EPS estimates fall by 14% Mar 27
Price target decreased by 11% to CN¥17.19 Mar 26
Ming Yang Smart Energy Group (SHSE:601615) May Have Issues Allocating Its Capital Feb 29
Ming Yang Smart Energy Group Limited (SHSE:601615) announces an Equity Buyback for CNY 600 million worth of its shares. Feb 21
Consensus EPS estimates fall by 17% Feb 06
Investor sentiment deteriorates as stock falls 16% Feb 01
Ming Yang Smart Energy Group Limited Provides Earnings Guidance for the Year Ended December 2023 Jan 31
Ming Yang Smart Energy Group Limited Provides Earnings Guidance for the Year Ended December 2023 Jan 30
Ming Yang Smart Energy Group Limited to Report Fiscal Year 2023 Results on Apr 29, 2024 Dec 29
Ming Yang Smart Energy Group Limited Approves Appointment of Pan Yongle as the Secretary of the Board of Directors Dec 14
Third quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.43 in 3Q 2022) Oct 28
Ming Yang Smart Energy Group Limited to Report Q3, 2023 Results on Oct 31, 2023 Sep 30
Ming Yang Smart Energy Group Limited Approves Board Elections Sep 27
Price target decreased by 11% to CN¥23.91 Sep 13
Price target decreased by 7.9% to CN¥25.56 Sep 06
Ming Yang Smart Energy Group Limited Elects Cheng Yongfeng as Employee Representative Supervisor Aug 31
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Aug 31
Ming Yang Smart Energy Group Limited Announces Cash Dividend, Payment on June 14, 2023 Jun 08 Ming Yang Smart Energy Group Limited, Annual General Meeting, May 25, 2023 May 26
Ming Yang Smart Energy Group Limited (SHSE:601615) announces an Equity Buyback for CNY 1,000 million worth of its shares. May 06
Price target decreased by 8.6% to CN¥31.39 May 05
Consensus EPS estimates fall by 12%, revenue upgraded May 05
Ming Yang Smart Energy Group Limited Announces Resignation of Han Yu as a Director Jan 13
Less than half of directors are independent Nov 16
Third quarter 2022 earnings released: EPS: CN¥0.43 (vs CN¥0.57 in 3Q 2021) Oct 28
Investor sentiment improved over the past week Oct 17
Second quarter 2022 earnings released: EPS: CN¥0.50 (vs CN¥0.43 in 2Q 2021) Sep 06
Consensus forecasts updated Sep 01
Investor sentiment deteriorated over the past week Jul 25 Ming Yang Smart Energy Group Limited has completed a Follow-on Equity Offering in the amount of $706.8705 million. Jul 14
Investor sentiment improved over the past week Jun 21
Less than half of directors are independent May 26
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Apr 30
Less than half of directors are independent Apr 27
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Apr 16
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Mar 03
Price target increased to CN¥28.60 Nov 01
Third quarter 2021 earnings released: EPS CN¥0.57 (vs CN¥0.29 in 3Q 2020) Oct 31
Investor sentiment improved over the past week Sep 17
Investor sentiment improved over the past week Aug 26
Second quarter 2021 earnings released: EPS CN¥0.40 (vs CN¥0.28 in 2Q 2020) Aug 20
Investor sentiment improved over the past week Aug 02
First quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.11 in 1Q 2020) May 02
Full year 2020 earnings released: EPS CN¥0.95 (vs CN¥0.53 in FY 2019) Apr 10
New 90-day low: CN¥16.68 Mar 09
Investor sentiment deteriorated over the past week Mar 08
Investor sentiment improved over the past week Jan 21
New 90-day high: CN¥21.59 Jan 21
Ming Yang Smart Energy Group Limited to Report Fiscal Year 2020 Results on Apr 08, 2021 Jan 06
New 90-day high: CN¥20.22 Dec 24
Third quarter earnings released Oct 30
Ming Yang Smart Energy Group Limited to Report Q3, 2020 Results on Oct 30, 2020 Oct 28
Market bids up stock over the past week Oct 14
New 90-day high: CN¥16.92 Sep 30
Ming Yang Smart Energy Group Limited Raises Earning Guidance for First Three Quarters of 2020 Sep 18
Earnings released Aug 20
Price target raised to CN¥16.88 Aug 02
New 90-day high - CN¥15.52 Jul 29
Ming Yang Smart Energy Group Limited to Report First Half, 2020 Results on Aug 20, 2020 Jul 08 Shareholder Returns 601615 CN Electrical CN Market 7D -10.5% -0.8% -1.2% 1Y 7.9% 22.3% 11.8%
See full shareholder returns
Return vs Market: 601615 underperformed the CN Market which returned 11.8% over the past year.
Price Volatility Is 601615's price volatile compared to industry and market? 601615 volatility 601615 Average Weekly Movement 8.3% Electrical Industry Average Movement 9.0% Market Average Movement 8.7% 10% most volatile stocks in CN Market 12.8% 10% least volatile stocks in CN Market 5.7%
Stable Share Price: 601615 has not had significant price volatility in the past 3 months compared to the CN market.
Volatility Over Time: 601615's weekly volatility (8%) has been stable over the past year.
About the Company Ming Yang Smart Energy Group Limited engages in the research and development, design, manufacture, sale, maintenance, and operation of energy equipment, wind turbines, and core components in China. It offers onshore and offshore wind turbines; manufactures fan blades; researches and develops wind power technology; leases wind power equipment; provides corporate investment consulting, and software and technical services; invests, constructs, and develops wind energy projects; researches and develops new energy power generation products; invests and develops energy systems; develops and services technology; and sells photovoltaic products. The company is also involved in fishing and animal husbandry activities.
Show more Ming Yang Smart Energy Group Limited Fundamentals Summary How do Ming Yang Smart Energy Group's earnings and revenue compare to its market cap? 601615 fundamental statistics Market cap CN¥27.74b Earnings (TTM ) -CN¥55.00m Revenue (TTM ) CN¥26.98b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) 601615 income statement (TTM ) Revenue CN¥26.98b Cost of Revenue CN¥24.29b Gross Profit CN¥2.70b Other Expenses CN¥2.75b Earnings -CN¥55.00m
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) -0.026 Gross Margin 9.99% Net Profit Margin -0.20% Debt/Equity Ratio 58.1%
How did 601615 perform over the long term?
See historical performance and comparison Dividends
2.4% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/21 00:52 End of Day Share Price 2024/12/20 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
Analysis Model and Snowflake Details of the analysis model used to generate this report is available on our Github page , we also have guides on how to use our reports and tutorials on Youtube .
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Industry and Sector Metrics Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources Ming Yang Smart Energy Group Limited is covered by 20 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Charlotte Xia BofA Global Research Wei Ong CFRA Equity Research Yunji Che China International Capital Corporation Limited
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