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5-day change | 1st Jan Change | ||
8.75 CNY | +0.69% | -1.35% | -30.22% |
Apr. 12 | Mingyang Smart Energy Group Foresees Return to Profit in Q1 on Higher Sales | MT |
Apr. 12 | Mingyang Smart Energy Group's 2023 Profit Plunges 89%; Shares Rise 4% | MT |
Summary
- The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Strengths
- Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
- Its low valuation, with P/E ratio at 7.8 and 4.81 for the ongoing fiscal year and 2024 respectively, makes the stock pretty attractive with regard to earnings multiples.
- The stock, which is currently worth 2023 to 0.46 times its sales, is clearly overvalued in comparison with peers.
- The company's share price in relation to its net book value makes it look relatively cheap.
- The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
- Historically, the company has been releasing figures that are above expectations.
Weaknesses
- For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
- The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
- For the past year, analysts have significantly revised downwards their profit estimates.
- For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
- Over the past four months, analysts' average price target has been revised downwards significantly.
- Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
- The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
Ratings chart - Surperformance
Chart ESG Refinitiv
Sector: Renewable Energy Equipment & Services
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
-30.22% | 2.62B | C+ | ||
+8.69% | 19.66B | B | ||
+48.17% | 14.86B | B- | ||
-29.02% | 6.21B | B | ||
-29.54% | 2.28B | B | ||
-29.61% | 1.81B | D+ | ||
-24.88% | 1.14B | - | ||
+1.81% | 1.04B | - | - | |
+92.62% | 951M | - | - | |
+30.52% | 916M | - |
Financials
Valuation
Momentum
Consensus
Business Predictability
Environment
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Technical analysis
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- Ratings Ming Yang Smart Energy Group Limited