60

Ming Yang Smart Energy Group LtdSHG 601615 Stock Report

Last reporting period 30 Sep, 2023

Updated 22 Oct, 2024

Last price

Market cap $B

2.702

Small

Exchange

XSHG - Shanghai Stock Exchange

601615.SS Stock Analysis

60

Avoid

Based on Eyestock quantitative analysis, 601615.SS`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

26/100

Low score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-16.5 %

Overvalued

Market cap $B

2.702

Dividend yield

3.28 %

Shares outstanding

2 249.53 B

Ming Yang Smart Energy Group Co., Ltd. engages in the manufacture and distribution of industrial scale wind turbines. The company is headquartered in Zhongshan, Guangdong and currently employs 10,089 full-time employees. The company went IPO on 2019-01-23. The New Energy High-end Equipment Manufacturing Business segment mainly includes large-scale wind turbine and its core components research and development, production, sales, intelligent operation and maintenance business. The Investment Operation and Intelligent Management Business of New Energy Power Plant segment mainly includes wind farm and photovoltaic power plant development, investment, construction and intelligent operation management business. The firm's products cover land units and large offshore units of normal temperature type, low temperature type, wide temperature type, plateau type and coastal type, which can adapt to different environments, wind conditions and power generation conditions in various regions. The firm mainly operates in China and overseas markets.

View Section: Eyestock Rating