Ming Yang Smart Energy Group Ltd (SHG:601615) — Market Cap & Net Worth
Market Cap & Net Worth: Ming Yang Smart Energy Group Ltd (601615)
Ming Yang Smart Energy Group Ltd (SHG:601615) has a market capitalization of $4.05 Billion (CN¥27.66 Billion) as of June 19, 2026. Listed on the SHG stock exchange, this China-based company holds position #4169 globally and #682 in its home market, demonstrating a 1.07% 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¥12.23 by its total outstanding shares 2261496706 (2.26 Billion). Review Ming Yang Smart Energy Group Ltd debt and liabilities to assess the company's total debt and financial obligations.
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 $3.91 Billion to $4.05 Billion (8.83% 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
0.13x
Ming Yang Smart Energy Group Ltd's market cap is 0.13 times its annual revenue
Latest Price to Earnings (P/E) Ratio
7.26x
Ming Yang Smart Energy Group Ltd's market cap is 7.26 times its annual earnings
What 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 | $3.91 Billion | $10.49 Billion | $712.56 Million | 0.37x | 5.49x |
| 2020 | $6.07 Billion | $22.46 Billion | $1.37 Billion | 0.27x | 4.42x |
| 2021 | $8.41 Billion | $27.22 Billion | $3.16 Billion | 0.31x | 2.66x |
| 2022 | $8.21 Billion | $30.75 Billion | $3.44 Billion | 0.27x | 2.38x |
| 2023 | $4.15 Billion | $28.12 Billion | $376.72 Million | 0.15x | 11.02x |
| 2024 | $4.17 Billion | $27.16 Billion | $346.11 Million | 0.15x | 12.06x |
| 2025 | $4.79 Billion | $38.09 Billion | $659.87 Million | 0.13x | 7.26x |
Competitor Companies of 601615 by Market Capitalization
Companies near Ming Yang Smart Energy Group Ltd in the global market cap rankings as of June 19, 2026.
Key companies related to Ming Yang Smart Energy Group Ltd by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #64 globally with a market cap of $279.51 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #115 globally with a market cap of $184.02 Billion USD ( €157.40 Billion EUR).
- SIEMENS AG SP. ADR 1/ 1/2 (F:SIEB): Ranked #127 globally with a market cap of $177.31 Billion USD ( €151.67 Billion EUR).
- Siemens Energy AG (F:ENR): Ranked #154 globally with a market cap of $149.15 Billion USD ( €127.58 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #64 | GE Vernova LLC | NYSE:GEV | $279.51 Billion | $1109.73 |
| #115 | Siemens Aktiengesellschaft | XETRA:SIE | $184.02 Billion | €276.80 |
| #127 | SIEMENS AG SP. ADR 1/ 1/2 | F:SIEB | $177.31 Billion | €119.00 |
| #154 | Siemens Energy AG | F:ENR | $149.15 Billion | €170.18 |
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 $3.91 Billion to $ 4.05 Billion, with a yearly change of 8.83%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥4.05 Billion | -15.54% |
| 2025 | CN¥4.79 Billion | +14.83% |
| 2024 | CN¥4.17 Billion | +0.56% |
| 2023 | CN¥4.15 Billion | -49.45% |
| 2022 | CN¥8.21 Billion | -2.39% |
| 2021 | CN¥8.41 Billion | +38.46% |
| 2020 | CN¥6.07 Billion | +55.31% |
| 2019 | CN¥3.91 Billion | -- |
End of Day Market Cap According to Different Sources
On Jun 19th, 2026 the market cap of Ming Yang Smart Energy Group Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $4.05 Billion USD |
| MoneyControl | $4.05 Billion USD |
| MarketWatch | $4.05 Billion USD |
| marketcap.company | $4.05 Billion USD |
| Reuters | $4.05 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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 platforms; wind power equipment; wind power project investment; photovoltaic products; energ… Read more