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MingYang Smart Energy Group (SHSE:601615) Profitability Rank : 6 (As of Sep. 2024)


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What is MingYang Smart Energy Group Profitability Rank?

MingYang Smart Energy Group has the Profitability Rank of 6.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

MingYang Smart Energy Group's Operating Margin % for the quarter that ended in Sep. 2024 was -2.57%. As of today, MingYang Smart Energy Group's Piotroski F-Score is 2.


Competitive Comparison of MingYang Smart Energy Group's Profitability Rank

For the Specialty Industrial Machinery subindustry, MingYang Smart Energy Group's Profitability Rank, along with its competitors' market caps and Profitability Rank 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 Profitability Rank Distribution in the Industrial Products Industry

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

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



MingYang Smart Energy Group Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

MingYang Smart Energy Group has the Profitability Rank of 6.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

MingYang Smart Energy Group's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=-217.22 / 8440.559
=-2.57 %

* 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.

2. Piotroski F-Score

Warning Sign:

Piotroski F-Score of 2 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

MingYang Smart Energy Group has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Warning Sign:

MingYang Smart Energy Group Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -17%.

4. Consistency of the profitability

5. Predictability Rank


MingYang Smart Energy Group Profitability Rank Related Terms

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MingYang Smart Energy Group Business Description

Traded in Other Exchanges
N/A
Address
Mingyang Industrial Park, No. 22, Huoju Avenue, Zhongshan Torch High-tech Industrial Development Zone, 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 three segments: wind turbine manufacturing and sales, wind and solar farm development and operation, and other renewable energy services.
Executives
Zhang Chuan Wei Directors, senior managers
Shen Zhong Min Directors, senior managers
Zhang Qi Ying Directors, senior managers
Yu Jiang Tao senior management
Liang Cai Fa senior management
Wang Dong Dong senior management
Yi Ling Na senior management
Zhang Zhong Hai senior management
Wang Jin Fa Directors, senior managers
Cheng Jia Wan senior management
Liu Jian Jun senior management
Yang Pu senior management
Zhang Rui Director

MingYang Smart Energy Group Headlines

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