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Ming Yang Smart Energy Group SHSE:601615 Stock Report

Last Price

CN¥9.44

Market Cap

CN¥20.3b

7D

-4.3%

1Y

-44.1%

Updated

29 Jun, 2024

Data

Company Financials +

Ming Yang Smart Energy Group Limited

SHSE:601615 Stock Report

Market Cap: CN¥20.3b

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.

601615 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends3/6

Ming Yang Smart Energy Group Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ming Yang Smart Energy Group
Historical stock prices
Current Share PriceCN¥9.44
52 Week HighCN¥18.25
52 Week LowCN¥7.85
Beta0.50
11 Month Change-9.32%
3 Month Change0.32%
1 Year Change-44.08%
33 Year Change-39.87%
5 Year Change-15.18%
Change since IPO38.01%

Recent News & Updates

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

Recent updates

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

Shareholder Returns

601615CN ElectricalCN Market
7D-4.3%-2.2%-2.2%
1Y-44.1%-22.6%-17.9%

Return vs Industry: 601615 underperformed the CN Electrical industry which returned -22.6% over the past year.

Return vs Market: 601615 underperformed the CN Market which returned -17.9% over the past year.

Price Volatility

Is 601615's price volatile compared to industry and market?
601615 volatility
601615 Average Weekly Movement5.7%
Electrical Industry Average Movement7.0%
Market Average Movement6.7%
10% most volatile stocks in CN Market10.0%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 601615 has not had significant price volatility in the past 3 months.

Volatility Over Time: 601615's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200613,500Chuanwei Zhangwww.myse.com.cn

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.

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 capCN¥20.30b
Earnings (TTM)CN¥906.47m
Revenue (TTM)CN¥30.18b

22.4x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601615 income statement (TTM)
RevenueCN¥30.18b
Cost of RevenueCN¥1.65b
Gross ProfitCN¥28.52b
Other ExpensesCN¥27.62b
EarningsCN¥906.47m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 31, 2024

Earnings per share (EPS)0.42
Gross Margin94.52%
Net Profit Margin3.00%
Debt/Equity Ratio64.4%

How did 601615 perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

75%

Payout Ratio

Does 601615 pay a reliable dividends?

See 601615 dividend history and benchmarks
When do you need to buy 601615 by to receive an upcoming dividend?
Ming Yang Smart Energy Group dividend dates
Ex Dividend DateJul 05 2024
Dividend Pay DateJul 05 2024
Days until Ex dividend5 days
Days until Dividend pay date5 days

Does 601615 pay a reliable dividends?

See 601615 dividend history and benchmarks
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