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

China · Delayed Price · Currency is CNY

61.99

+1.47 (2.43%)

At close: May 7, 2026

Revenue by Segment

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	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	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 2025	FY 2024	FY 2023	FY 2023	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	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	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.