Ming Yang Smart Energy Group Limited / Fundamentals

    Income statement

    Net revenue
    €3.94B
    Cost of goods sold
    €3.69B
    Gross profit
    €250.53M
    SG&A expenses
    €38.59M
    R&D expenses
    €82.71M
    EBITDA
    €88.88M
    D&A
    -€1.41M
    EBIT
    €48.25M
    Interest expenses
    €54.60M
    EBT
    €43.61M
    Tax expenses
    €4.09M
    Net income
    €35.77M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    -€408.29M
    Changes in working capital
    €0.00
    Operating cash flow
    -€390.39M
    Capex
    €582.49M
    Other investing cash flow
    €18.69M
    Net investing cash flow
    -€532.02M
    Total cash dividends paid
    -€141.78M
    Issuance of common stock
    €0.00
    Debt repayment
    €522.68M
    Other financing cash flow
    €199.49M
    Net financing cash flow
    €580.39M
    Foreign exchange effects
    €5.18M
    Net change in cash
    -€88.31M
    Cash at end of period
    €1.28B
    Free cash flow
    €192.10M

    Balance sheet

    Cash and cash equivalents
    €1.32B
    Cash and short-term investments
    €1.66B
    Total receivables
    €2.26B
    Inventory
    €1.98B
    Other current assets
    €561.12M
    Total current assets
    €6.46B
    Property, plant & equipment
    €2.40B
    Goodwill
    €9.06M
    Intangible assets
    €336.69M
    Long-term investments
    €0.00
    Other non-current assets
    €1.63B
    Total non-current assets
    €4.54B
    Total assets
    €11.00B
    Accounts payable
    €3.01B
    Short-term debt
    €477.99M
    Other current liabilities
    €1.80B
    Total current liabilities
    €5.30B
    Long-term debt
    €1.65B
    Deferred tax liabilities
    €79.62M
    Other non-current liabilities
    €621.29M
    Total non-current liabilities
    €2.39B
    Total liabilities
    €7.69B
    Common stock
    €275.08M
    Retained earnings
    €900.64M
    Other equity
    €0.00
    Total equity
    €3.31B
    Total liabilities and shareholders' equity
    €11.00B

    Company information

    Market capitalization
    €3.03B
    Employees
    14K
    Enterprise Value
    €26.79B

    Company ratios

    Gross margin
    6.4% Worse than peer group: 21.9%
    EBITDA margin
    2.3% Worse than peer group: 14.6%
    EBIT margin
    1.2% Worse than peer group: 10.6%
    EBT margin
    1.1% Worse than peer group: 10.8%
    Net margin
    0.9% Worse than peer group: 9.1%
    ROE
    1.1% Worse than peer group: 13.1%
    ROA
    0.3% Worse than peer group: 5.8%
    Asset turnover
    35.8% Much worse than peer group: 82.3%
    FCF margin
    -24.7% Worse than peer group: -7.2%
    FCF yield
    -32.1%
    Efficiency ratio
    97.7%
    Net sales per employee
    €291.58K
    Net income per employee
    €2.65K

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