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Last $2.74 USD
Change Today -0.08 / -2.84%
Volume 237.2K
As of 8:04 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

china ming yang wind pow-ads (MY) Snapshot

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52 Week High
05/4/15 - $3.82
52 Week Low
12/30/14 - $1.97
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Current Stock Chart for CHINA MING YANG WIND POW-ADS (MY)

china ming yang wind pow-ads (MY) Related Businessweek News

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china ming yang wind pow-ads (MY) Details

China Ming Yang Wind Power Group Limited designs, manufactures, sells, and services megawatt-class wind turbines in the People’s Republic of China. The company provides wind turbines with a rated power capacity of 1.5MW and 2.0MW; 2.5/3.0MW SCD; and 6.0/6.5MW SCD wind turbines. It also manufactures and sells wind turbine blades and components; and leases wind turbines. In addition, the company is involved in the research and development of wind turbine technology; maintenance operations; investment and financing activities; and operation of a wind farm. It serves state-owned power producers, as well as regional alternative energy investment companies, regional power producers, and wind farm operators in the private sector. The company was formerly known as China Wind Power Equipment Group Limited and changed its name to China Ming Yang Wind Power Group Limited in April 2010. China Ming Yang Wind Power Group Limited was founded in 2006 and is headquartered in Zhongshan, the People’s Republic of China.

3,513 Employees
Last Reported Date: 04/30/15
Founded in 2006

china ming yang wind pow-ads (MY) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

china ming yang wind pow-ads (MY) Key Developments

China Ming Yang Wind Power Group Limited Appoints Zhongmin Shen to its Board of Directors

China Ming Yang Wind Power Group Limited announced the appointment of Mr. Zhongmin Shen to its board of directors. He is also appointed as the vice chairman of the company. The appointment is with immediate effect. Mr. Zhongmin Shen has abundant experience in management and investment both in independent power and clean energy sectors. Prior to joining the company, he served as a managing director of Olympus Capital's Asia Environment Partners.

China Ming Yang Wind Power Group Limited Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter Ending June 30, 2015

China Ming Yang Wind Power Group Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company’s revenue was RMB 1,334,856,000 against RMB 1,224,032,000 a year ago. The increase was due to the combined effect of a 41.5% increase in the number of WTGs commissioned and more 2.0MW WTGs with higher selling price being commissioned in the first quarter of 2015 compared with the corresponding period of 2014. Profit from operations was RMB 32,924,000 against RMB 80,537,000 a year ago. Profit before income tax was RMB 48,738,000 against RMB 200,473,000 a year ago. Profit attributable to shareholders of the company was RMB 40,755,000 against RMB 188,416,000 a year ago. Diluted EPS were RMB 0.32 against RMB 1.51 a year ago. The company expects that for the quarter ending June 30, 2015, estimated revenue will be in the range of RMB 1.4 billion to RMB 1.6 billion, representing an increase of 50% to 71% compared with RMB 0.9 billion for the quarter ended June 30, 2014; and estimated net profit for the period will be in the range of RMB 50 million to RMB 55 million, representing an increase of 327% to 370% compared with RMB 11.7 million for the quarter ended June 30, 2014.

China Ming Yang Wind Power Group Limited to Report Q1, 2015 Results on May 27, 2015

China Ming Yang Wind Power Group Limited announced that they will report Q1, 2015 results at 8:00 AM, US Eastern Standard Time on May 27, 2015


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Company Last Change
Gamesa Corp Tecnologica SA €14.92 EUR +0.085
Vestas Wind Systems A/S kr345.10 DKK -0.40
Xinjiang Goldwind Science & Technology Co Ltd CNY17.40 CNY -1.31
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Valuation MY Industry Range
Price/Earnings 10.1x
Price/Sales 0.4x
Price/Book 0.6x
Price/Cash Flow 12.4x
TEV/Sales 0.2x

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