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INDICATIVE · SAMPLE DATA
301291$55.9059

Guangdong Mingyang Electric Co Ltd

Heavy Electrical EquipmentVerified

Guangdong Mingyang Electric Co Ltd maintains a market price of 55.9 CNY, with a market capitalization of 17.52 billion CNY. The company's price-to-earnings ratio is 29.79, and its price-to-book ratio is 3.48, indicating a relatively high valuation compared to its book value. The company's liquidity is assessed as medium, with a current ratio of 1.69, suggesting it has sufficient short-term assets to cover its short-term liabilities. However, the company's net cash position is negative after subtracting total debt, which may pose liquidity challenges. In terms of profitability, the company's return on equity is 11.68%, and its return on assets is 6.23%, which are key metrics for evaluating its efficiency in generating profits from its equity and assets. The company's gross profit margin is 20.53%, and its operating margin is 9.71%, indicating that it is able to maintain a reasonable level of profitability despite the competitive nature of the industry. The company's debt-to-equity ratio is 0.08, suggesting a relatively low level of leverage. The company's revenue is primarily derived from the sale of wind turbines and related equipment. The company's geographic exposure is concentrated in China, where it operates its manufacturing facilities and serves its primary market. The company's revenue concentration in a single geographic region may expose it to regional economic and regulatory risks. The company's growth trajectory is expected to be positive, with a focus on expanding its market share in the renewable energy sector. The company's capital expenditure is negative, indicating that it is generating more cash from operations than it is spending on capital investments. This suggests that the company is in a position to reinvest in its operations or return value to shareholders. The company's risk assessment indicates a low potential for dilution, with a dilution score of low. The company's liquidity risk is moderate, and its credit risk is not explicitly stated but is implied to be low given its strong equity position. The company's risk profile is further supported by its strong operating cash flow of 95.83 million CNY and free cash flow of 71.75 million CNY. Recent events and filings indicate that the company is performing well in terms of analyst expectations. The mean price target for the company is 62.15 CNY, with a median price target of 62.15 CNY, suggesting that analysts have a positive outlook on the company's future performance. The company has received strong-buy recommendations from two analysts and a buy recommendation from one analyst, with no hold recommendations. This indicates that the company is viewed favorably by the investment community.

30-day price · 301291+9.28 (+19.1%)
Low$47.90High$68.26Close$57.84As of21 May, 00:00 UTC
Profile
CompanyGuangdong Mingyang Electric Co Ltd
Ticker301291.SZ
SectorIndustrials
BusinessIndustrial Goods
Industry groupIndustrial Goods
IndustryHeavy Electrical Equipment
AI analysis

Business. Guangdong Mingyang Electric Co Ltd designs, manufactures, and sells wind turbines and related equipment for the renewable energy sector.

Classification. The company is classified under the industry "Heavy Electrical Equipment" within the business sector "Industrial Goods" with a confidence level of 0.92.

Guangdong Mingyang Electric Co Ltd maintains a market price of 55.9 CNY, with a market capitalization of 17.52 billion CNY. The company's price-to-earnings ratio is 29.79, and its price-to-book ratio is 3.48, indicating a relatively high valuation compared to its book value. The company's liquidity is assessed as medium, with a current ratio of 1.69, suggesting it has sufficient short-term assets to cover its short-term liabilities. However, the company's net cash position is negative after subtracting total debt, which may pose liquidity challenges. In terms of profitability, the company's return on equity is 11.68%, and its return on assets is 6.23%, which are key metrics for evaluating its efficiency in generating profits from its equity and assets. The company's gross profit margin is 20.53%, and its operating margin is 9.71%, indicating that it is able to maintain a reasonable level of profitability despite the competitive nature of the industry. The company's debt-to-equity ratio is 0.08, suggesting a relatively low level of leverage. The company's revenue is primarily derived from the sale of wind turbines and related equipment. The company's geographic exposure is concentrated in China, where it operates its manufacturing facilities and serves its primary market. The company's revenue concentration in a single geographic region may expose it to regional economic and regulatory risks. The company's growth trajectory is expected to be positive, with a focus on expanding its market share in the renewable energy sector. The company's capital expenditure is negative, indicating that it is generating more cash from operations than it is spending on capital investments. This suggests that the company is in a position to reinvest in its operations or return value to shareholders. The company's risk assessment indicates a low potential for dilution, with a dilution score of low. The company's liquidity risk is moderate, and its credit risk is not explicitly stated but is implied to be low given its strong equity position. The company's risk profile is further supported by its strong operating cash flow of 95.83 million CNY and free cash flow of 71.75 million CNY. Recent events and filings indicate that the company is performing well in terms of analyst expectations. The mean price target for the company is 62.15 CNY, with a median price target of 62.15 CNY, suggesting that analysts have a positive outlook on the company's future performance. The company has received strong-buy recommendations from two analysts and a buy recommendation from one analyst, with no hold recommendations. This indicates that the company is viewed favorably by the investment community.
Key takeaways
  • Guangdong Mingyang Electric Co Ltd has a strong equity position with a debt-to-equity ratio of 0.08.
  • The company's return on equity of 11.68% and return on assets of 6.23% indicate efficient use of its resources.
  • The company's liquidity is moderate, with a current ratio of 1.69, but it has a negative net cash position after subtracting total debt.
  • Analysts have a positive outlook on the company, with a mean price target of 62.15 CNY and a median price target of 62.15 CNY.
  • The company's capital expenditure is negative, suggesting it is generating more cash from operations than it is spending on capital investments.
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  • # RATIONALES
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Financial snapshot
PeriodHA-latest
CurrencyCNY
Revenue$6.91B
Gross profit$1.42B
Operating income$670.7M
Net income$588.3M
R&D
SG&A
D&A
SBC
Operating cash flow$95.8M
CapEx-$332.0M
Free cash flow$71.8M
Total assets$9.44B
Total liabilities$4.40B
Total equity$5.04B
Cash & equivalents
Long-term debt$426.7M
Valuation
Market price$55.90
Market cap$17.52B
Enterprise value$17.95B
P/E29.8
Reported non-GAAP P/E
EV/Revenue2.6
EV/Op income26.8
EV/OCF187.3
P/B3.5
P/Tangible book3.5
Tangible book$5.04B
Net cash-$426.7M
Current ratio1.7
Debt/Equity0.1
ROA6.2%
ROE11.7%
Cash conversion16.0%
CapEx/Revenue-4.8%
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskMedium
  • Net cash is negative after subtracting total debt.
Industry benchmarks
Activity: Industrial Goods · cohort 13 companies
Metric301291Activity
Op margin9.7%9.4% medp25 9.4% · p75 9.4%top quartile
Net margin8.5%5.8% medp25 5.8% · p75 5.8%top quartile
Gross margin20.5%26.9% medp25 26.9% · p75 26.9%bottom quartile
R&D / revenue2.0% medp25 1.6% · p75 3.0%
CapEx / revenue-4.8%2.4% medp25 1.6% · p75 3.3%bottom quartile
Debt / equity8.0%106.4% medp25 106.4% · p75 106.4%bottom quartile
Observations
IR observations
Mean price target62.15 CNY
Median price target62.15 CNY
High price target71.40 CNY
Low price target52.90 CNY
Mean recommendation1.33 (1=strong buy, 5=strong sell)
Strong-buy count2.00
Buy count1.00
Hold count0.00
Sell count0.00
Strong-sell count0.00
Mean EPS estimate2.33 CNY
Last actual EPS1.88 CNY
Source: analysis-pipeline (hybrid)Generated: 2026-05-22 02:06 UTCJob: a6c573ea