MingYangSmartEnergyGroup (601615) Stock Price, Fundamentals & Analysis

What 601615 does

MingYangSmartEnergyGroup (601615) is a stock listed on the Shanghai Stock Exchange in the Industrials sector, under the Specialty Industrial Machinery industry. The company, headquartered in Zhongshan, China, engages in the research, design, manufacture, and maintenance of energy equipment and wind turbines, including onshore and offshore models. It also produces fan blades, offers offshore wind power technology, and provides integrated solutions for wind, solar, storage, hydrogen, and gas. Founded in 2006, MingYangSmartEnergyGroup employs 13,859 people.

Key numbers explained

• The current price is 9.65 CNY, down 0.72% today.
• The trailing P/E ratio of 107.2 divides the current price by the last twelve months' earnings per share of 0.09 CNY, showing how much investors pay per unit of recent earnings.
• The forward P/E ratio of 13.4 uses expected future earnings, often a more relevant gauge of valuation than the trailing figure.
• The dividend yield of 1.92% indicates the annual dividend relative to the price, though 0% of earnings are currently paid out as dividends.
• The ex-dividend date is Jul 8, 2026, the cutoff for eligibility for the next dividend payment.
• The beta of 0.92 suggests the stock's price tends to move slightly less than the overall market.
• The 52-week range of 9.12 – 26.9 shows the lowest and highest traded prices over the past year; the current price sits near the low end of that range.
• The price-to-book ratio of 0.8 compares the market price to the company's book value per share, with values below 1 often interpreted as the stock trading below its accounting net worth.

What to watch

MingYangSmartEnergyGroup operates in the wind energy and specialty machinery space, a sector sensitive to government policy, infrastructure spending, and global supply chains. Investors often track revenue growth, which for MingYangSmartEnergyGroup was -11.3% year over year, alongside margins and return metrics. The company's debt-to-equity ratio of 85.7% is a factor to consider when evaluating financial leverage. As a Shanghai-listed stock, 601615 is part of the broader Chinese industrial landscape that includes peers such as NARI Technology (600406), TBEA (600089), and Sany Heavy Industry (600031).