Ming Yang Smart Stock Fundamentals

601615 Stock   12.15  0.48  3.80%   
Ming Yang Smart fundamentals help investors to digest information that contributes to Ming Yang's financial success or failures. It also enables traders to predict the movement of Ming Stock. The fundamental analysis module provides a way to measure Ming Yang's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ming Yang stock.
At present, Ming Yang's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 3.6 B, whereas Tax Provision is projected to grow to (24.2 M).
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ming Yang Smart Company Current Valuation Analysis

Ming Yang's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Ming Yang Current Valuation

    
  34.02 B  
Most of Ming Yang's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ming Yang Smart is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Ming Yang Smart has a Current Valuation of 34.02 B. This is 367.19% higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The current valuation for all China stocks is 104.66% lower than that of the firm.

Ming Yang Smart Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ming Yang's current stock value. Our valuation model uses many indicators to compare Ming Yang value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ming Yang competition to find correlations between indicators driving Ming Yang's intrinsic value. More Info.
Ming Yang Smart is rated fifth in return on equity category among its peers. It is number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ming Yang by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ming Yang's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Ming Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ming Yang's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ming Yang could also be used in its relative valuation, which is a method of valuing Ming Yang by comparing valuation metrics of similar companies.
Ming Yang is currently under evaluation in current valuation category among its peers.

Ming Fundamentals

About Ming Yang Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ming Yang Smart's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ming Yang using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ming Yang Smart based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue27.9 B18.9 B
Cost Of Revenue24.7 B15.3 B

Currently Active Assets on Macroaxis

Other Information on Investing in Ming Stock

Ming Yang financial ratios help investors to determine whether Ming Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ming with respect to the benefits of owning Ming Yang security.