Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Dec'18
Net Sales
26,993.32
27,996.68
30,602.18
27,000.00
22,352.25
10,441.13
6,825.21
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
26,993.32
27,996.68
30,602.18
27,000.00
22,352.25
10,441.13
6,825.21
Raw Material Cost
25,232.03
26,038.97
24,853.84
21,539.42
18,468.98
8,237.26
5,261.20
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
1,863.82
1,763.06
1,507.67
1,175.97
999.34
0.00
505.25
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
570.58
414.08
354.94
490.91
552.74
312.94
281.68
Selling and Distribution Expenses
1,913.64
1,940.15
2,121.74
1,876.16
1,460.27
972.38
925.11
Other Expenses
-196.04
-169.16
-113.57
-87.45
-103.84
-6.25
-60.79
Total Expenditure (Excl Depreciation)
27,619.70
28,464.70
27,702.47
24,207.98
20,442.91
9,460.08
6,365.32
Operating Profit (PBDIT) excl Other Income
-626.4
-468
2899.7000000000003
2792
1909.3000000000002
981
459.90000000000003
Other Income
1,482.98
1,371.47
1,451.96
1,447.10
178.98
401.94
182.20
Operating Profit (PBDIT)
2,472.57
1,995.63
5,268.42
5,111.14
2,660.30
1,539.74
997.89
Interest
570.58
414.08
354.94
490.91
552.74
312.94
281.68
Exceptional Items
-50.37
-109.76
-53.43
-119.95
-63.23
-37.50
-3.14
Gross Profit (PBDT)
1,761.29
1,957.71
5,748.34
5,460.57
3,883.26
2,203.87
1,564.00
Depreciation
1,458.73
1,130.26
1,023.88
887.00
587.07
454.10
358.24
Profit Before Tax
392.89
341.53
3,836.16
3,613.28
1,457.25
735.20
354.83
Tax
42.96
-24.45
418.64
630.01
172.78
86.18
-36.21
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
346.11
376.72
3,444.71
3,157.78
1,374.07
712.56
425.97
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
346.11
376.72
3,444.71
3,157.78
1,374.07
712.56
425.97
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
25.76
10.20
-5.39
-141.74
-69.76
-51.23
-3.22
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
371.87
386.92
3,439.32
3,016.04
1,304.32
661.33
422.75
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
1.0
1.0
1.0
1.0
1.0
1.0
1.0
Reserves
26,237.47
27,533.64
28,111.25
18,451.20
14,762.20
7,099.52
4,451.93
Earnings per share (EPS)
0.16
0.17
1.53
1.63
0.9
0.52
0.31
Diluted Earnings per share
0.16
0.17
1.53
1.63
0.9
0.52
0.31
Operating Profit Margin (Excl OI)
-1.74%
-1.81%
9.13%
10.29%
8.47%
6.55%
6.7%
Gross Profit Margin
6.86%
5.26%
15.88%
16.67%
9.15%
11.39%
10.45%
PAT Margin
1.28%
1.35%
11.26%
11.7%
6.15%
6.82%
6.24%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2024 is -3.58% vs -8.51% in Dec 2023
Consolidate Net Profit
YoY Growth in year ended Dec 2024 is -3.88% vs -88.75% in Dec 2023
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2024 is 58.54% vs -83.64% in Dec 2023
Interest
YoY Growth in year ended Dec 2024 is 37.79% vs 16.68% in Dec 2023
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2024 has improved from Dec 2023
Compare Annual Results Of Ming Yang Smart Energy Group Co., Ltd. With
Figures in Million
Consolidate Annual Results
Change(CNY)
Change(%)
Net Sales
26,993.32
0
26,993.32
Other Operating Income
0.00
0.00
0.00
Total Operating income
26,993.32
0
26,993.32
Raw Material Cost
25,232.03
0
25,232.03
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
1,863.82
0
1,863.82
Power Cost
0
0
0.00
Manufacturing Expenses
570.58
0
570.58
Selling and Distribution Expenses
1,913.64
0
1,913.64
Other Expenses
-196.04
0.00
-196.04
Total Expenditure (Excl Depreciation)
27,619.70
0
27,619.70
Operating Profit (PBDIT) excl Other Income
-626.39
0.00
-626.39
Other Income
1,482.98
0
1,482.98
Operating Profit (PBDIT)
2,472.57
0
2,472.57
Interest
570.58
0
570.58
Exceptional Items
-50.37
0
-50.37
Gross Profit (PBDT)
1,761.29
0
1,761.29
Depreciation
1,458.73
0
1,458.73
Profit Before Tax
392.89
0
392.89
Tax
42.96
0
42.96
Provisions and contingencies
0
0
0.00
Profit After Tax
346.11
0
346.11
Extraordinary Items
0.00
0
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
346.11
0
346.11
Share in Profit of Associates
0
0
0.00
Minority Interest
25.76
0
25.76
Other related items
0.00
0.00
0.00
Consolidated Net Profit
371.87
0
371.87
Equity Capital
0
0
0.00
Face Value
1.00
0
0.00
Reserves
26,237.47
0
26,237.47
Earnings per share (EPS)
0.16
0
0.16
Diluted Earnings per share
0.16
0
0.16
Operating Profit Margin (Excl OI)
-1.74%
0%
0.00
-1.74%
Gross Profit Margin
6.86%
0%
0.00
6.86%
PAT Margin
1.28%
0%
0.00
1.28%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 2,699.33 Million
in Dec 2024Figures in Million
YoY Growth in year ended Dec 2024 is -3.58% vs -8.51% in Dec 2023
Annual - Consolidate Net Profit
Consolidate Net Profit 37.19 Million
in Dec 2024Figures in Million
YoY Growth in year ended Dec 2024 is -3.88% vs -88.75% in Dec 2023
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 98.96 Million
in Dec 2024Figures in Million
YoY Growth in year ended Dec 2024 is 58.54% vs -83.64% in Dec 2023
Annual - Interest
Interest 57.06 Million
in Dec 2024Figures in Million
YoY Growth in year ended Dec 2024 is 37.79% vs 16.68% in Dec 2023
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) -1.74%
in Dec 2024Figures in %
YoY Growth in year ended Dec 2024 has improved from Dec 2023






