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Ming Yang Smart Energy Group XSSC:601615 Stock Report

Last Price

CN¥12.85

Market Cap

CN¥27.6b

7D

-0.4%

1Y

2.5%

Updated

27 Dec, 2024

Data

Company Financials +

Ming Yang Smart Energy Group Limited

XSSC:601615 Stock Report

Market Cap: CN¥27.6b

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

601615 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends2/6

Rewards

Earnings are forecast to grow 77.01% per year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 2.37% is not well covered by earnings or free cash flows


My Notes

Capture your thoughts, links and company narrative

Ming Yang Smart Energy Group Limited Competitors

XJ Electric

SZSE:000400

CN¥28.8b

Goldwind Science&Technology

SZSE:002202

CN¥40.2b

Baoding Tianwei Baobian ElectricLtd

SHSE:600550

CN¥15.2b

China XD Electric

SHSE:601179

CN¥40.4b

Price History & Performance

Summary of share price highs, lows and changes for Ming Yang Smart Energy Group
Historical stock prices
Current Share PriceCN¥12.85
52 Week HighCN¥15.13
52 Week LowCN¥7.85
Beta0.50
1 Month Change-6.68%
3 Month Change30.86%
1 Year Change2.47%
3 Year Change-50.77%
5 Year Change4.30%
Change since IPO23.08%

Recent News & Updates

Recent updates

Shareholder Returns

601615CN ElectricalCN Market
7D-0.4%0.3%-0.6%
1Y2.5%17.6%8.3%

Return vs Industry: 601615 underperformed the CN Electrical industry which returned 18.3% over the past year.

Return vs Market: 601615 underperformed the CN Market which returned 9.2% over the past year.

Price Volatility

Is 601615's price volatile compared to industry and market?
601615 volatility
601615 Average Weekly Movement7.8%
Electrical Industry Average Movement9.1%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.9%
10% least volatile stocks in CN Market5.6%

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

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¥27.63b
Earnings (TTM)-CN¥55.00m
Revenue (TTM)CN¥26.98b

1.0x

P/S Ratio

-502.4x

P/E Ratio

Is 601615 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601615 income statement (TTM)
RevenueCN¥26.98b
Cost of RevenueCN¥24.29b
Gross ProfitCN¥2.70b
Other ExpensesCN¥2.75b
Earnings-CN¥55.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Apr 26, 2025

Earnings per share (EPS)-0.026
Gross Margin9.99%
Net Profit Margin-0.20%
Debt/Equity Ratio58.1%

How did 601615 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

-1,286%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 15:33
End of Day Share Price 2024/12/27 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