No Data
ubs group: Maintains a "buy" rating for goldwind science& technology, with the target price raised to 9.5 Hong Kong dollars.
UBS Group released a research report stating an optimistic outlook for China's turbine original equipment manufacturers. Their analysis shows that considering various factors, including supply and demand dynamics, returns on wind power projects, and geopolitical risks, the Middle East and Africa as well as the ASEAN region are the most favorable markets for China's turbine manufacturers. The preference for turbine manufacturers is ranked as follows: Goldwind Science & Technology (02208), Ming Yang Smart Energy (601615.SH), and SANY Heavy Energy (688349.SH). The target price for Goldwind Science & Technology is raised from 6 HKD to 9.5 HKD, maintaining a 'buy' rating. The bank explained.
Ming Yang Smart Energy Group (SHSE:601615) Has Debt But No Earnings; Should You Worry?
Huachuang Securities: The tender volume for wind turbines in Q1-3 increased significantly year-on-year. Q3 saw a surge in submarine cable and complete machine delivery, leading to profit improvement.
The wind power prosperity continues to rebound, with an additional wind power installed capacity of 39.1GW in 2024 Q1-3, a year-on-year increase of +16.8%, of which offshore/onshore increased by 2.5/36.7GW respectively, with year-on-year growth of +72.7%/+14.4%.
Mingyang Intelligence: Third Quarter Report 2024
Third Quarter Report 2024
Ming Yang Smart Energy (601615.SH): The net income for the first three quarters was 0.809 billion yuan, a decrease of 34.58% year-on-year.
Ming Yang Smart Energy (601615.SH) announced on October 30th that it achieved revenue of 20.237 billion yuan in the first three quarters of 2024, a decrease of 4.14% year-on-year; net income attributable to shareholders of the listed company was 0.809 billion yuan, a decrease of 34.58% year-on-year, with basic earnings per share of 0.36 yuan. In the third quarter of 2024, revenue reached 8.441 billion yuan, a decrease of 19.39% year-on-year; net income attributable to shareholders of the listed company was 0.148 billion yuan, a decrease of 74.57% year-on-year, with basic earnings per share of 0.07 yuan.
Capital Allocation Trends At Ming Yang Smart Energy Group (SHSE:601615) Aren't IdealNo Data
No Data
