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MingYang Smart Energy Group (SHSE:601615) 3-Year Revenue Growth Rate : 22.10% (As of Sep. 2023)


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What is MingYang Smart Energy Group 3-Year Revenue Growth Rate?

MingYang Smart Energy Group's Revenue per Share for the three months ended in Sep. 2023 was ¥4.76.

During the past 12 months, MingYang Smart Energy Group's average Revenue per Share Growth Rate was 0.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 22.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 27.30% 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 the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of MingYang Smart Energy Group was 45.60% per year. The lowest was -19.90% per year. And the median was 12.45% per year.


Competitive Comparison of MingYang Smart Energy Group's 3-Year Revenue Growth Rate

For the Specialty Industrial Machinery subindustry, MingYang Smart Energy Group's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MingYang Smart Energy Group's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where MingYang Smart Energy Group's 3-Year Revenue Growth Rate falls into.



MingYang Smart Energy Group 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 the average Revenue per Share growth rate.


MingYang Smart Energy Group  (SHSE:601615) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

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 per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.


MingYang Smart Energy Group 3-Year Revenue Growth Rate 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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