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Ming Yang Smart Energy Group Ltd
¥9.24
Apr 26, 3:59:54 PM GMT+8 · CNY · SHA · Disclaimer
Stock
Previous close
¥8.88
Day range
¥8.74 - ¥9.28
Year range
¥7.85 - ¥21.38
Market cap
21.88B CNY
Avg Volume
30.53M
P/E ratio
19.21
Dividend yield
3.29%
Primary exchange
SHA
Market news
Financials
Income Statement
Revenue
Net income
(CNY)Dec 2023Y/Y change
Revenue
6.89B-24.13%
Operating expense
25.10B4,166.87%
Net income
-852.80M-672.66%
Net profit margin
-12.37-922.31%
Earnings per share
EBITDA
-322.94M-149.29%
Effective tax rate
12.97%
Total assets
Total liabilities
(CNY)Dec 2023Y/Y change
Cash and short-term investments
10.32B-9.09%
Total assets
Total liabilities
Total equity
28.85B
Shares outstanding
2.13B
Price to book
0.68
Return on assets
Return on capital
-3.49%
Net change in cash
(CNY)Dec 2023Y/Y change
Net income
-852.80M-672.66%
Cash from operations
Cash from investing
Cash from financing
Net change in cash
Free cash flow
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 1 October 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
11,475
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