Guangdong Mingyang Electric Co.,Ltd. (SHE:301291)
61.99
+1.47 (2.43%)
At close: May 7, 2026
SHE:301291 Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Jan '23 Jan 1, 2023 | Dec '21 Dec 31, 2021 |
Operating Revenue | 6,566 | 6,910 | 6,352 | 4,926 | 3,194 | 2,030 |
Other Revenue | - | - | 92.26 | 44.99 | 42.22 | - |
| 6,566 | 6,910 | 6,444 | 4,971 | 3,236 | 2,030 | |
Revenue Growth (YoY) | -2.21% | 7.22% | 29.62% | 53.63% | 59.40% | 21.94% |
Cost of Revenue | 5,219 | 5,449 | 5,037 | 3,898 | 2,559 | 1,585 |
Gross Profit | 1,347 | 1,461 | 1,407 | 1,074 | 676.76 | 444.67 |
Selling, General & Admin | 460.83 | 446.76 | 348.59 | 292.1 | 199.23 | 149.21 |
Research & Development | 200.17 | 213.76 | 210.9 | 163.21 | 104.78 | 66.75 |
Other Operating Expenses | -4.68 | -8.04 | -10.11 | -8.96 | 15.38 | 8.29 |
Operating Expenses | 656.32 | 652.47 | 667.58 | 531.19 | 376.46 | 247.04 |
Operating Income | 690.78 | 808.23 | 739.66 | 542.6 | 300.3 | 197.63 |
Interest Expense | -0.86 | - | -2.13 | -12.6 | -20.06 | -17.96 |
Interest & Investment Income | - | - | 26.45 | 21.25 | 3.05 | 0.59 |
Currency Exchange Gain (Loss) | - | - | 1.08 | 1.16 | 0.36 | -0.09 |
Other Non Operating Income (Expenses) | -76.42 | -94.76 | -1.95 | -5.52 | -2.31 | -2.81 |
EBT Excluding Unusual Items | 613.5 | 713.47 | 763.11 | 546.89 | 281.34 | 177.35 |
Gain (Loss) on Sale of Investments | 2.16 | 1.43 | 0.6 | -1.06 | -0.04 | -1.65 |
Gain (Loss) on Sale of Assets | -0.01 | -0.01 | -0 | - | 0.03 | - |
Asset Writedown | -41.11 | -43.6 | -0.18 | -0.11 | -0.28 | -0.06 |
Other Unusual Items | - | - | -7.32 | 10.7 | 12.14 | 3.46 |
Pretax Income | 574.54 | 671.28 | 756.22 | 556.42 | 293.19 | 179.76 |
Income Tax Expense | 73.9 | 82.99 | 93.7 | 61.25 | 27.9 | 18.38 |
Net Income | 500.64 | 588.29 | 662.52 | 495.17 | 265.29 | 161.39 |
Net Income to Common | 500.64 | 588.29 | 662.52 | 495.17 | 265.29 | 161.39 |
Net Income Growth | -26.91% | -11.20% | 33.80% | 86.65% | 64.38% | -9.39% |
Shares Outstanding (Basic) | 312 | 313 | 313 | 272 | 235 | 234 |
Shares Outstanding (Diluted) | 312 | 313 | 313 | 272 | 235 | 234 |
Shares Change (YoY) | 0.51% | 0.13% | 14.86% | 15.89% | 0.38% | 27.38% |
EPS (Basic) | 1.61 | 1.88 | 2.12 | 1.82 | 1.13 | 0.69 |
EPS (Diluted) | 1.61 | 1.88 | 2.12 | 1.82 | 1.13 | 0.69 |
EPS Growth | -27.28% | -11.32% | 16.48% | 61.06% | 63.77% | -28.87% |
Free Cash Flow | 136.53 | -236.13 | 187.15 | 247.68 | 268.52 | -291.39 |
Free Cash Flow Per Share | 0.44 | -0.76 | 0.60 | 0.91 | 1.14 | -1.25 |
Dividend Per Share | - | - | 0.720 | 0.720 | - | - |
Gross Margin | 20.52% | 21.14% | 21.84% | 21.60% | 20.91% | 21.91% |
Operating Margin | 10.52% | 11.70% | 11.48% | 10.91% | 9.28% | 9.74% |
Profit Margin | 7.62% | 8.51% | 10.28% | 9.96% | 8.20% | 7.95% |
Free Cash Flow Margin | 2.08% | -3.42% | 2.90% | 4.98% | 8.30% | -14.35% |
EBITDA | 743.73 | 858.11 | 777.3 | 573.08 | 327.14 | 216.39 |
EBITDA Margin | 11.33% | 12.42% | 12.06% | 11.53% | 10.11% | 10.66% |
D&A For EBITDA | 52.95 | 49.89 | 37.64 | 30.48 | 26.84 | 18.76 |
EBIT | 690.78 | 808.23 | 739.66 | 542.6 | 300.3 | 197.63 |
EBIT Margin | 10.52% | 11.70% | 11.48% | 10.91% | 9.28% | 9.74% |
Effective Tax Rate | 12.86% | 12.36% | 12.39% | 11.01% | 9.52% | 10.22% |
Revenue as Reported | - | - | 6,444 | 4,971 | 3,236 | - |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.