Guangdong Mingyang Electric Co Ltd
SZSE:301291
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Guangdong Mingyang Electric Co Ltd
Other Operating Expenses
Guangdong Mingyang Electric Co Ltd
Other Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
G
|
Guangdong Mingyang Electric Co Ltd
SZSE:301291
|
Other Operating Expenses
ÂĄ30.8m
|
CAGR 3-Years
98%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
D
|
Dongfang Electric Corp Ltd
SSE:600875
|
Other Operating Expenses
ÂĄ277.2m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
Shanghai Electric Group Co Ltd
SSE:601727
|
Other Operating Expenses
-ÂĄ306.1m
|
CAGR 3-Years
50%
|
CAGR 5-Years
-50%
|
CAGR 10-Years
13%
|
||
Xinjiang Goldwind Science & Technology Co Ltd
SZSE:002202
|
Other Operating Expenses
ÂĄ171m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
-6%
|
CAGR 10-Years
N/A
|
||
NARI Technology Co Ltd
SSE:600406
|
Other Operating Expenses
ÂĄ715.7m
|
CAGR 3-Years
32%
|
CAGR 5-Years
10%
|
CAGR 10-Years
N/A
|
||
China XD Electric Co Ltd
SSE:601179
|
Other Operating Expenses
ÂĄ85.8m
|
CAGR 3-Years
-7%
|
CAGR 5-Years
44%
|
CAGR 10-Years
N/A
|
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 Other Operating Expenses?
Other Operating Expenses
30.8m
CNY
Based on the financial report for Dec 31, 2023, Guangdong Mingyang Electric Co Ltd's Other Operating Expenses amounts to 30.8m CNY.
What is Guangdong Mingyang Electric Co Ltd's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 3Y
98%
Over the last year, the Other Operating Expenses growth was 269%. The average annual Other Operating Expenses growth rates for Guangdong Mingyang Electric Co Ltd have been 98% over the past three years .