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MingYang Smart Energy Group (SHSE:601615) Revenue : ¥30,185 Mil (TTM As of Mar. 2024)


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What is MingYang Smart Energy Group Revenue?

MingYang Smart Energy Group's revenue for the three months ended in Mar. 2024 was ¥5,075 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ¥30,185 Mil. MingYang Smart Energy Group's Revenue per Share for the three months ended in Mar. 2024 was ¥2.17. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥13.06.

Warning Sign:

MingYang Smart Energy Group Ltd revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of MingYang Smart Energy Group was 9.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was -6.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 15.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, MingYang Smart Energy Group's highest 3-Year average Revenue per Share Growth Rate was 45.60% per year. The lowest was -19.90% per year. And the median was 2.80% per year.


MingYang Smart Energy Group Revenue Historical Data

The historical data trend for MingYang Smart Energy Group's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MingYang Smart Energy Group Revenue Chart

MingYang Smart Energy Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,493.16 22,456.99 27,216.25 30,747.78 27,859.08

MingYang Smart Energy Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,749.34 7,809.87 10,398.61 6,901.26 5,075.35

Competitive Comparison of MingYang Smart Energy Group's Revenue

For the Specialty Industrial Machinery subindustry, MingYang Smart Energy Group's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MingYang Smart Energy Group's Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MingYang Smart Energy Group's Revenue distribution charts can be found below:

* The bar in red indicates where MingYang Smart Energy Group's Revenue falls into.



MingYang Smart Energy Group Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥30,185 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MingYang Smart Energy Group  (SHSE:601615) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


MingYang Smart Energy Group Revenue Related Terms

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MingYang Smart Energy Group (SHSE:601615) Business Description

Traded in Other Exchanges
Address
Mingyang Industrial Park, No. 22, Huoju Avenue, Zhongshan Torch High-tech Industrial Development Zone, Zhongshan, Guangdong, CHN, 528400
Ming Yang Smart Energy Group Ltd is a wind turbine manufacturer, that provides accessible green and smart energy, and a full lifecycle renewable solutions provider. The Group's business is primarily divided into three segments: wind turbine manufacturing and sales, wind and solar farm development and operation, and other renewable energy services.

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