MingYang Smart Energy Group (FRA:RW20) Equity-to-Asset: 0.28 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:RW20 MingYang Smart Energy Group Ltd FRA:RW20
65 GF Score
Price €5.65
GF Value €10.24
! 9 Warning Signs
View Full Analysis

What is MingYang Smart Energy Group Equity-to-Asset?

MingYang Smart Energy Group FRA:RW20 +0.89% 65 Equity-to-Asset is 0.28 as of Jun. 2026, which is 3% below its 10-year median of 0.29. GuruFocus rates FRA:RW20 with a GF Score™ of 65/100 and a GF Value™ of €10.24. The stock has 9 warning signs investors should review. Among 3,090 Industrial Products companies, MingYang Smart Energy Group ranks worse than 89.84% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MingYang Smart Energy Group's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €3,365 Mil. MingYang Smart Energy Group's Total Assets for the quarter that ended in Jun. 2026 was €12,599 Mil. Therefore, MingYang Smart Energy Group's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.28.

The historical rank and industry rank for MingYang Smart Energy Group's Equity-to-Asset or its related term are showing as below:

FRA:RW20' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.29   Max: 0.43
Current: 0.27

During the past 11 years, the highest Equity to Asset Ratio of MingYang Smart Energy Group was 0.43. The lowest was 0.19. And the median was 0.29.

FRA:RW20's Equity-to-Asset is ranked worse than
89.84% of 3090 companies
in the Industrial Products industry
Industry Median: 0.56 vs FRA:RW20: 0.27

MingYang Smart Energy Group  (FRA:RW20) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


MingYang Smart Energy Group Equity-to-Asset Related Terms


MingYang Smart Energy Group Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for MingYang Smart Energy Group's Equity-to-Asset 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.

MingYang Smart Energy Group Equity-to-Asset Chart

MingYang Smart Energy Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.41 0.34 0.31 0.28

MingYang Smart Energy Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset 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 0.30 0.30 0.28 0.28 0.28

FRA:RW20 vs GEV, ETN, PH: Equity-to-Asset Comparison

For the Specialty Industrial Machinery subindustry, MingYang Smart Energy Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Industrial Products Industry

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

* The bar in red indicates where MingYang Smart Energy Group's Equity-to-Asset falls into.


FRA:RW20
65GF Score
MingYang Smart Energy Group Ltd FRA:RW20
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MingYang Smart Energy Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

MingYang Smart Energy Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=3206.5652526621/11858.187762736
=0.27

MingYang Smart Energy Group's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=3364.7357122797/12599.472525983
=0.27

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.28 mean?
MingYang Smart Energy Group (FRA:RW20) has a Equity-to-Asset of 0.28 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on MingYang Smart Energy Group and its competitors. This is near median its historical median of 0.29. Over the past decade, MingYang Smart Energy Group's Equity-to-Asset has ranged from 0.19 to 0.43. According to the industry distribution chart, MingYang Smart Energy Group ranks #2776 out of 3090 companies in the Industrial Products industry, placing it in the top 89.8%.
Is MingYang Smart Energy Group's Equity-to-Asset too high?
MingYang Smart Energy Group's current Equity-to-Asset of 0.28 is near median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.43. The Industrial Products industry median Equity-to-Asset is 0.56. MingYang Smart Energy Group's value of 0.28 is 50% below this industry median. Based on the distribution chart, MingYang Smart Energy Group ranks #2776 out of 3090 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, MingYang Smart Energy Group has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does MingYang Smart Energy Group's Equity-to-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, MingYang Smart Energy Group ranks #2776 out of 3090 companies for Equity-to-Asset. This places MingYang Smart Energy Group in the lower half of its industry. The industry median Equity-to-Asset is 0.56. MingYang Smart Energy Group's value of 0.28 is 50% below this benchmark. Historically, MingYang Smart Energy Group's own Equity-to-Asset has ranged from 0.19 to 0.43 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.56, MingYang Smart Energy Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.56, based on 3,090 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MingYang Smart Energy Group's current Equity-to-Asset of 0.28 is 50% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on MingYang Smart Energy Group and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MingYang Smart Energy Group's current Equity-to-Asset is 0.28, which is near median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MingYang Smart Energy Group stock overvalued right now?
MingYang Smart Energy Group (FRA:RW20) has a current Equity-to-Asset of 0.28. The stock's GF Value™ is €10.24, compared to a current price of €5.65 — trading 44.8% below its estimated fair value. The current Equity-to-Asset is 0.28, which is near median its 10-year median of 0.29 and 50% below the Industrial Products industry median of 0.56. MingYang Smart Energy Group's overall GF Score™ is 65/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For MingYang Smart Energy Group (FRA:RW20), the current Equity-to-Asset is 0.28 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MingYang Smart Energy Group (FRA:RW20) Overvalued in 2026?

Based on GuruFocus' analysis, MingYang Smart Energy Group stock appears to be undervalued. The current stock price of €5.65 is trading 44.8% below its estimated GF Value™ of €10.24.

Key valuation signals for FRA:RW20:

  • Equity-to-Asset: 0.28 (near median its 10-year median of 0.29)
  • GF Value™: €10.24 vs. price of €5.65 (44.8% below fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 50% below the Industrial Products median (#2776 of 3090)

No single metric tells the full story. See the FRA:RW20 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MingYang Smart Energy Group Business Description

Other Exchanges MYSE:UK601615:China
Address No. 22 Huoju Road, Mingyang Industrial Park, Zhongshan Torch High-tech Industrial Development Z, Zhongshan, Guangdong, CHN, 528400
MingYang 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 divided into segments namely High-end energy equipment manufacturing sector, wind turbine equipment manufacturing and sales, Operation and maintenance services and photovoltaic products manufacturing and sales; and Energy products and services sector includes construction, management, and operation of energy investment projects, power demand side management, energy efficiency management.
65GF Score

Get the complete analysis for FRA:RW20

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€5.65
Price
€10.24
GF Value