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Ming Yang Smart Energy Group Ltd
Â¥10.38
Jan 27, 3:59:41 PM GMT+8 · CNY · SHA · Disclaimer
Stock
Previous close
Â¥10.62
Day range
¥10.31 - ¥10.64
Year range
¥7.85 - ¥15.13
Market cap
23.58B CNY
Avg Volume
32.18M
P/E ratio
497.13
Dividend yield
2.93%
Primary exchange
SHA
Financials
Income Statement
Revenue
Net income
(CNY)Sep 2024Y/Y change
Revenue
8.44B-19.39%
Operating expense
1.05B20.16%
Net income
147.85M-74.57%
Net profit margin
1.75-68.47%
Earnings per share
——
EBITDA
114.39M-84.94%
Effective tax rate
19.27%—
Total assets
Total liabilities
(CNY)Sep 2024Y/Y change
Cash and short-term investments
11.18B8.31%
Total assets
82.92B2.44%
Total liabilities
54.68B4.96%
Total equity
28.24B—
Shares outstanding
2.15B—
Price to book
0.84—
Return on assets
-0.43%—
Return on capital
-0.78%—
Net change in cash
(CNY)Sep 2024Y/Y change
Net income
147.85M-74.57%
Cash from operations
-84.38M-108.15%
Cash from investing
-707.83M65.13%
Cash from financing
279.79M-85.43%
Net change in cash
-536.50M-158.65%
Free cash flow
-8.15B-337.65%
About
Ming Yang Wind Power Group Limited is the largest private wind turbine manufacturer in China and the fifth largest overall in the country. The company was listed on the New York Stock Exchange from October 1, 2010 to June 22, 2016. It is developing the world's largest wind turbine with a capacity of 18 MW. The company focuses on designing, manufacturing, selling and servicing megawatt-class wind turbines. Ming Yang cooperates with aerodyn Energiesysteme GmbH, a wind turbine and rotor blade engineering company based in Germany. Ming Yang's key customers include the five largest state-owned power producers in China, with an aggregate installed capacity accounting for more than 5.5% of China's newly installed capacity in 2010. The company started wind turbine production in 2007, with a prototype of 1.5 MW designed by aerodyn. In 2010, Ming Yang started SCD production. The SCD is an innovative two blade turbine by aerodyn. In 2013, the new offshore SCD 6.5 wind turbine was presented. A two bladed downwind offshore turbine with helicopter deck. The first was connected to the grid in 2015. Larger models are expected, and 12 MW is under development. Wikipedia
Founded
Jun 2, 2006
Employees
13,500
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