Guangdong Mingyang Electric Co Ltd
SZSE:301291
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Guangdong Mingyang Electric Co Ltd
Revenue
Guangdong Mingyang Electric Co Ltd
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
G
|
Guangdong Mingyang Electric Co Ltd
SZSE:301291
|
Revenue
¥6.4B
|
CAGR 3-Years
47%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
D
|
Dongfang Electric Corp Ltd
SSE:600875
|
Revenue
¥78.6B
|
CAGR 3-Years
12%
|
CAGR 5-Years
16%
|
CAGR 10-Years
8%
|
|
|
Shanghai Electric Group Co Ltd
SSE:601727
|
Revenue
¥126.7B
|
CAGR 3-Years
3%
|
CAGR 5-Years
-2%
|
CAGR 10-Years
5%
|
|
|
Xinjiang Goldwind Science & Technology Co Ltd
SZSE:002202
|
Revenue
¥73B
|
CAGR 3-Years
16%
|
CAGR 5-Years
5%
|
CAGR 10-Years
9%
|
|
|
NARI Technology Co Ltd
SSE:600406
|
Revenue
¥63.7B
|
CAGR 3-Years
12%
|
CAGR 5-Years
12%
|
CAGR 10-Years
23%
|
|
|
China XD Electric Co Ltd
SSE:601179
|
Revenue
¥23.8B
|
CAGR 3-Years
8%
|
CAGR 5-Years
8%
|
CAGR 10-Years
6%
|
|
Guangdong Mingyang Electric Co Ltd
Glance View
Guangdong Mingyang Electric Co Ltd., a significant player within the renewable energy sector, has carved a distinctive niche by harnessing the winds of change—quite literally. From its inception, Mingyang Electric keenly anticipated the burgeoning demand for sustainable energy solutions and innovatively positioned itself at the forefront of wind turbine manufacturing. The company adeptly combines cutting-edge technology with rigorous research and development, designing robust and efficient wind turbines that promise to harness the maximal potential of wind energy. This strategic focus allows Mingyang Electric to cater to utilities and energy companies worldwide, eager to transition towards greener energy portfolios. The company operates primarily through its two main business segments: the production of wind power equipment and the provision of comprehensive wind farm solutions. By engineering and selling multi-megawatt wind turbines, which are integral to the generation of wind energy, Mingyang ensures a steady stream of revenue. Furthermore, it extends its expertise beyond manufacturing by providing operations and maintenance services for wind farms, ensuring clients’ investments are not only productive but resilient over time. Through this dual-pronged business model, Guangdong Mingyang Electric not only supports global renewable energy targets but also solidifies its financial standing in an ever-evolving industry landscape.
See Also
What is Guangdong Mingyang Electric Co Ltd's Revenue?
Revenue
6.4B
CNY
Based on the financial report for Dec 31, 2024, Guangdong Mingyang Electric Co Ltd's Revenue amounts to 6.4B CNY.
What is Guangdong Mingyang Electric Co Ltd's Revenue growth rate?
Revenue CAGR 3Y
47%
Over the last year, the Revenue growth was 30%. The average annual Revenue growth rates for Guangdong Mingyang Electric Co Ltd have been 47% over the past three years .