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Guangdong Mingyang ElectricLtd SZSE:301291 Stock Report

Last Price

CN¥33.48

Market Cap

CN¥10.3b

7D

-0.09%

1Y

5.6%

Updated

31 Jul, 2024

Data

Company Financials +

Guangdong Mingyang Electric Co.,Ltd.

SZSE:301291 Stock Report

Market Cap: CN¥10.3b

Guangdong Mingyang Electric Co.,Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Guangdong Mingyang ElectricLtd
Historical stock prices
Current Share PriceCN¥33.48
52 Week HighCN¥45.98
52 Week LowCN¥22.80
Beta0
11 Month Change11.53%
3 Month Change-10.14%
1 Year Change5.62%
33 Year Changen/a
5 Year Changen/a
Change since IPO2.70%

Recent News & Updates

Slowing Rates Of Return At Guangdong Mingyang ElectricLtd (SZSE:301291) Leave Little Room For Excitement

Jul 27
Slowing Rates Of Return At Guangdong Mingyang ElectricLtd (SZSE:301291) Leave Little Room For Excitement

Does Guangdong Mingyang ElectricLtd (SZSE:301291) Have A Healthy Balance Sheet?

Jul 05
Does Guangdong Mingyang ElectricLtd (SZSE:301291) Have A Healthy Balance Sheet?

Recent updates

Slowing Rates Of Return At Guangdong Mingyang ElectricLtd (SZSE:301291) Leave Little Room For Excitement

Jul 27
Slowing Rates Of Return At Guangdong Mingyang ElectricLtd (SZSE:301291) Leave Little Room For Excitement

Does Guangdong Mingyang ElectricLtd (SZSE:301291) Have A Healthy Balance Sheet?

Jul 05
Does Guangdong Mingyang ElectricLtd (SZSE:301291) Have A Healthy Balance Sheet?

Shareholder Returns

301291CN ElectricalCN Market
7D-0.09%0.3%-0.8%
1Y5.6%-22.7%-21.8%

Return vs Industry: 301291 exceeded the CN Electrical industry which returned -22.7% over the past year.

Return vs Market: 301291 exceeded the CN Market which returned -21.8% over the past year.

Price Volatility

Is 301291's price volatile compared to industry and market?
301291 volatility
301291 Average Weekly Movement7.8%
Electrical Industry Average Movement6.0%
Market Average Movement5.6%
10% most volatile stocks in CN Market8.9%
10% least volatile stocks in CN Market3.8%

Stable Share Price: 301291's share price has been volatile over the past 3 months.

Volatility Over Time: 301291's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
19932,647Xianqing Guowww.mingyang.com.cn

Guangdong Mingyang Electric Co.,Ltd. engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China. It offers box transformers, prefabricated substation and transformer equipment, and intelligent devices and systems.

Guangdong Mingyang Electric Co.,Ltd. Fundamentals Summary

How do Guangdong Mingyang ElectricLtd's earnings and revenue compare to its market cap?
301291 fundamental statistics
Market capCN¥10.32b
Earnings (TTM)CN¥543.72m
Revenue (TTM)CN¥5.28b

19.2x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
301291 income statement (TTM)
RevenueCN¥5.28b
Cost of RevenueCN¥4.09b
Gross ProfitCN¥1.19b
Other ExpensesCN¥645.67m
EarningsCN¥543.72m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 28, 2024

Earnings per share (EPS)1.74
Gross Margin22.55%
Net Profit Margin10.31%
Debt/Equity Ratio3.7%

How did 301291 perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

39%

Payout Ratio
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