Ming Yang Smart Energy Group Ltd
Ming Yang Smart Energy Group Limited engages in the research and development, design, manufacture, sale, maintenance, and operation of energy equipment, wind turbines, and core components in China. It offers onshore and offshore wind turbines; manufactures fan blades; offshore wind power technology; sells platform; wind power equipment; wind power project investment; photovoltaic product; energy … Read more
Market Cap & Net Worth: Ming Yang Smart Energy Group Ltd (601615)
Ming Yang Smart Energy Group Ltd (SHG:601615) has a market capitalization of $6.83 Billion (CN¥50.09 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #2669 globally and #179 in its home market, demonstrating a 10.20% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Ming Yang Smart Energy Group Ltd's stock price CN¥22.15 by its total outstanding shares 2261496706 (2.26 Billion).
Ming Yang Smart Energy Group Ltd Market Cap History: 2019 to 2026
Ming Yang Smart Energy Group Ltd's market capitalization history from 2019 to 2026. Data shows growth from $3.64 Billion to $6.83 Billion (18.65% CAGR).
Ming Yang Smart Energy Group Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Ming Yang Smart Energy Group Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.14x
Ming Yang Smart Energy Group Ltd's market cap is 0.14 times its annual revenue
0.92x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
11.23x
Ming Yang Smart Energy Group Ltd's market cap is 11.23 times its annual earnings
7.63x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2019 | $3.64 Billion | $10.49 Billion | $712.56 Million | 0.35x | 5.11x |
| 2020 | $5.66 Billion | $22.46 Billion | $1.37 Billion | 0.25x | 4.12x |
| 2021 | $7.83 Billion | $27.22 Billion | $3.16 Billion | 0.29x | 2.48x |
| 2022 | $7.65 Billion | $30.75 Billion | $3.44 Billion | 0.25x | 2.22x |
| 2023 | $3.87 Billion | $28.12 Billion | $376.72 Million | 0.14x | 10.26x |
| 2024 | $3.89 Billion | $27.16 Billion | $346.11 Million | 0.14x | 11.23x |
Competitor Companies of 601615 by Market Capitalization
Companies near Ming Yang Smart Energy Group Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Ming Yang Smart Energy Group Ltd by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #66 globally with a market cap of $227.10 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #93 globally with a market cap of $175.49 Billion USD ( €170.96 Billion EUR).
- Siemens AG Class N (PINK:SMAWF): Ranked #113 globally with a market cap of $155.24 Billion USD.
- Eaton Corporation PLC (NYSE:ETN): Ranked #140 globally with a market cap of $133.05 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #66 | GE Vernova LLC | NYSE:GEV | $227.10 Billion | $844.05 |
| #93 | Siemens Aktiengesellschaft | XETRA:SIE | $175.49 Billion | €219.15 |
| #113 | Siemens AG Class N | PINK:SMAWF | $155.24 Billion | $199.00 |
| #140 | Eaton Corporation PLC | NYSE:ETN | $133.05 Billion | $363.95 |
Ming Yang Smart Energy Group Ltd Historical Marketcap From 2019 to 2026
Between 2019 and today, Ming Yang Smart Energy Group Ltd's market cap moved from $3.64 Billion to $ 6.83 Billion, with a yearly change of 18.65%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥6.83 Billion | +52.97% |
| 2025 | CN¥4.46 Billion | +14.83% |
| 2024 | CN¥3.89 Billion | +0.56% |
| 2023 | CN¥3.87 Billion | -49.45% |
| 2022 | CN¥7.65 Billion | -2.39% |
| 2021 | CN¥7.83 Billion | +38.46% |
| 2020 | CN¥5.66 Billion | +55.31% |
| 2019 | CN¥3.64 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Ming Yang Smart Energy Group Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $6.83 Billion USD |
| MoneyControl | $6.83 Billion USD |
| MarketWatch | $6.83 Billion USD |
| marketcap.company | $6.83 Billion USD |
| Reuters | $6.83 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.