Guangdong Mingyang Electric Co.,Ltd. (SHE:301291)

China · Delayed Price · Currency is CNY

59.98

+1.40 (2.39%)

At close: Mar 6, 2026

Revenue by Segment

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2023	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Box-Type Transformer Substation	4.24B	3.46B	1.97B	772.03M	901.65M
Box-Type Transformer Substation Growth	22.60%	75.28%	155.53%	-14.38%	-
Complete SET of Switchgear	674.02M	508.12M	670.26M	889.09M	504.37M
Complete SET of Switchgear Growth	32.65%	-24.19%	-24.61%	76.28%	-
Transformer	1.07B	687.93M	444.85M	280.86M	214.32M
Transformer Growth	56.12%	54.64%	58.39%	31.04%	-
Other	364.54M	272.53M	105.77M	43.78M	25.78M
Other Growth	33.76%	157.67%	141.60%	69.83%	-29.49%
Unallocated Other Business	92.26M	44.99M	42.22M	44.27M	18.63M
Unallocated Other Business Growth	105.04%	6.57%	-4.63%	137.69%	-
Total	6.44B	4.97B	3.24B	2.03B	1.66B
Total Growth	29.62%	53.64%	59.40%	21.94%	64.05%

Revenue by Geography

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2023	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
China	6.44B	4.97B	3.21B	-	-
China Growth	29.67%	54.86%	-	-	-
Overseas	939.30K	2.56M	27.20M	-	-
Overseas Growth	-63.24%	-90.61%	-	-	-
Total	6.44B	4.97B	3.24B	-	-
Total Growth	29.62%	53.64%	-	-	-

Source: S&P Global Market Intelligence.