Ming Yang Smart Energy Group Limited

SHSE:601615 Stock Report

Market Cap: CN¥27.7b

Ming Yang Smart Energy Group Future Growth

Future criteria checks 5/6

Ming Yang Smart Energy Group is forecast to grow earnings and revenue by 77% and 21.5% per annum respectively. EPS is expected to grow by 77.1% per annum. Return on equity is forecast to be 9.6% in 3 years.

Key information

77.0%

Earnings growth rate

77.1%

EPS growth rate

Electrical earnings growth26.5%
Revenue growth rate21.5%
Future return on equity9.6%
Analyst coverage

Good

Last updated09 Dec 2024

Recent future growth updates

Recent updates

Further Upside For Ming Yang Smart Energy Group Limited (SHSE:601615) Shares Could Introduce Price Risks After 36% Bounce

Oct 22
Further Upside For Ming Yang Smart Energy Group Limited (SHSE:601615) Shares Could Introduce Price Risks After 36% Bounce

Ming Yang Smart Energy Group's (SHSE:601615) Anemic Earnings Might Be Worse Than You Think

Sep 06
Ming Yang Smart Energy Group's (SHSE:601615) Anemic Earnings Might Be Worse Than You Think

Revenue Downgrade: Here's What Analysts Forecast For Ming Yang Smart Energy Group Limited (SHSE:601615)

Sep 04
Revenue Downgrade: Here's What Analysts Forecast For Ming Yang Smart Energy Group Limited (SHSE:601615)

Analysts Just Made A Major Revision To Their Ming Yang Smart Energy Group Limited (SHSE:601615) Revenue Forecasts

Aug 07
Analysts Just Made A Major Revision To Their Ming Yang Smart Energy Group Limited (SHSE:601615) Revenue Forecasts

These 4 Measures Indicate That Ming Yang Smart Energy Group (SHSE:601615) Is Using Debt In A Risky Way

Jun 07
These 4 Measures Indicate That Ming Yang Smart Energy Group (SHSE:601615) Is Using Debt In A Risky Way

Ming Yang Smart Energy Group (SHSE:601615) May Have Issues Allocating Its Capital

Feb 29
Ming Yang Smart Energy Group (SHSE:601615) May Have Issues Allocating Its Capital

Earnings and Revenue Growth Forecasts

SHSE:601615 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202645,2313,207-5686,2936
12/31/202542,8492,531-2,7586,0098
12/31/202433,8621,302-5,0345,1396
9/30/202426,984-55-11,252-4,897N/A
6/30/202429,014379-10,688-3,778N/A
3/31/202430,176906N/AN/AN/A
12/31/202327,859372-10,202-2,592N/A
9/30/202330,1961,116-6,2062,092N/A
6/30/202327,1511,651-9,420-1,748N/A
3/31/202326,3711,819-7,1571,533N/A
12/31/202230,7483,445-8,805-796N/A
9/30/202230,3914,504-11,532-2,360N/A
6/30/202230,2594,515-6,5252,817N/A
3/31/202229,9814,284-5,1282,882N/A
12/31/202127,2163,158-1,9905,398N/A
9/30/202125,8202,660-1,8912,877N/A
6/30/202125,3311,934-3,814527N/A
3/31/202123,8401,509-2,908840N/A
12/31/202022,4571,3743253,631N/A
9/30/202018,4091,1324,3148,118N/A
6/30/202014,7999096,5389,287N/A
3/31/202011,7258215,2067,683N/A
12/31/201910,4937133,4155,755N/A
9/30/20199,574681-3961,135N/A
6/30/20198,374614-1,523-13N/A
3/31/20198,124570-1,174339N/A
12/31/20186,902426-1,450276N/A
9/30/20186,043376-1,0141,284N/A
6/30/20185,433514N/A1,943N/A
3/31/20184,469289N/A785N/A
12/31/20175,298356N/A1,305N/A
12/31/20166,520388N/A91N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601615 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.8%).

Earnings vs Market: 601615 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 601615 is expected to become profitable in the next 3 years.

Revenue vs Market: 601615's revenue (21.5% per year) is forecast to grow faster than the CN market (13.8% per year).

High Growth Revenue: 601615's revenue (21.5% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 601615's Return on Equity is forecast to be low in 3 years time (9.6%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 12:33
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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.

AnalystInstitution
Charlotte XiaBofA Global Research
Wei OngCFRA Equity Research
Yunji CheChina International Capital Corporation Limited