301291.SHE Guangdong Mingyang Electric Co. Ltd. A
- Market cap
- CNY 12.3B
- P/E
- 31.4x
- P/B
- 2.14x
- ROE
- 3.3%
- Dividend yield
- 2.02%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is 301291.SHE undervalued?
Graham number301291.SHE trades 72.7% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Guangdong Mingyang Electric Co. Ltd. A fundamental analysis
No fundamental analysis for Guangdong Mingyang Electric Co. Ltd. A yet.
Guangdong Mingyang Electric Co. Ltd. A stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Guangdong Mingyang Electric Co. Ltd. A
Guangdong Mingyang Electric Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of power transmission, distribution, and control equipment in China and internationally. The company offers intelligent switchgear products, including medium- and low-voltage products, gas-insulated switchgears, and high-voltage products; dry-type, liquid-immersed, low-frequency, and auxiliary transformers; IEEE, IEC, and GB standard substations; a…
Full company profileGuangdong Mingyang Electric Co. Ltd. A financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 2 quarters up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Guangdong Mingyang Electric Co. Ltd. A annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|
| Income Statement | ||||||
| Revenue | 2.03B | 3.24B | 4.97B | 6.44B | 6.91B | 5.12B |
| Gross Profit | 448M | 685M | 1.10B | 1.44B | 1.46B | 966M |
| Operating Income | 229M | 375M | 667M | 888M | 808M | 307M |
| EBITDA | - | 360M | 605M | 805M | 736M | 195M |
| Net Income | 161M | 265M | 495M | 663M | 588M | 174M |
| EPS | 0.69 | 1.13 | 1.59 | 2.12 | 1.88 | 0.55 |
| Balance Sheet | ||||||
| Total Assets | 2.64B | 3.80B | 7.86B | 9.34B | 9.44B | 9.84B |
| Total Liabilities | 1.93B | 2.83B | 3.64B | 4.67B | 4.40B | 4.61B |
| Shareholders' Equity | 702M | 971M | 4.22B | 4.67B | 5.04B | 5.23B |
| Cash & Short-term Investments | 281M | 404M | 2.99B | 2.42B | 1.80B | 1.55B |
| Cash Flow | ||||||
| Operating Cash Flow | 115M | 288M | 326M | 385M | 95.8M | - |
| Capital Expenditure | 407M | 19.3M | 78.4M | 198M | 332M | 300M |
| Free Cash Flow | -291M | 269M | 248M | 187M | -236M | -1.33B |
| Ratios | ||||||
| ROE | 23.0% | 27.3% | 11.7% | 14.2% | 11.7% | 3.3% |
| ROA | 6.1% | 7.0% | 6.3% | 7.1% | 6.2% | 1.8% |
| Net Profit Margin | 7.9% | 8.2% | 10.0% | 10.3% | 8.5% | 3.4% |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
Guangdong Mingyang Electric Co. Ltd. A dividends
- Dividend yield
- 2.02%
- Forward dividend
- 0.45 CNY
- Payout ratio
- 42.1%
- Ex-dividend date
- Jul 10, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 248M | 0.79 | 42.1% |
| 2024 | CNY 201M | 0.64 | 30.4% |
| 2023 | CNY 37.5M | 0.12 | 7.6% |
| 2022 | CNY 19.9M | 0.09 | 7.5% |
| 2021 | CNY 17.4M | 0.07 | 10.8% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns Guangdong Mingyang Electric Co. Ltd. A
- Insiders 54.37%
- Institutions 9.82%
- Public & others 35.81%
- Shares outstanding 315M
- Free float 146M
Guangdong Mingyang Electric Co. Ltd. A company profile
- Company name
- Guangdong Mingyang Electric Co. Ltd. A
- Ticker
- 301291.SHE
- ISIN
- CNE1000064F5
- Exchange
- Shenzhen Stock Exchange
- Sector
- Industrials
- Industry
- Electrical Equipment
- Employees
- 3,808
- Fiscal year end
- December
- Address
- No. 6, Xingye West Road, Zhongshan, China, 528451
- Phone
- 86 760 2813 8198
- Website
- mingyang.com.cn
About Guangdong Mingyang Electric Co. Ltd. A
Guangdong Mingyang Electric Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of power transmission, distribution, and control equipment in China and internationally. The company offers intelligent switchgear products, including medium- and low-voltage products, gas-insulated switchgears, and high-voltage products; dry-type, liquid-immersed, low-frequency, and auxiliary transformers; IEEE, IEC, and GB standard substations; all-in-one skid products; prefabricated products, including modular step-up solutions, offshore step-up system prefabricated containers, offshore emergency power supply containers, data center power modules, and data center power prefabricated containers; and hydrogen energy integrated systems and electromagnetic components. It also engages in the electromechanical integration business. The company's products are used in onshore and offshore new energy, data centers, smart grids, comprehensive engineering services, and energy and infrastructure transportation. It serves power generation groups, grid operators, and telecom providers. Guangdong Mingyang Electric Co.,Ltd. was founded in 1993 and is based in Zhongshan, China.
Guangdong Mingyang Electric Co. Ltd. A management
6- Mr. Xianqing GuoPresident & Director · born 1967
- Mr. Wendi LiuChief Financial Officer · born 1981
- Mr. Wenyi SunVP & Non-Independent Director · born 1978
- Mr. Xingcun YaoVP & Secretary of the Board · born 1984
- Mr. Yong Sheng ZhangVice President · born 1968
- Mr. Lianhong HuVice President · born 1975