Guangdong Mingyang Electric Co (301291) Fair Value & Analysis
Industrials · CN · Market cap 13.9B CNY
Fair value as of: Jul 9, 2026
From 15 valuation models · updated 32 days ago
Fair value updated Jul 9, 2026, revised from ¥39.31 to ¥35.22 (−10.4%) since Jun 24, 2026. Share price +15.5% over the past month.
Below-average quality, and screening another 14% overvalued on our models.
What matters now
- Our model range runs from ¥26.22 (bear) to ¥44.23 (bull), base ¥35.22. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 41/100 (below-average quality) with medium evidence: read the verdict with care.
Price vs Fair Value (3 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 9, 2026.
How to read this chart
37‑month range ¥23.41 – ¥70.51 · fair‑value band ¥26.22 – ¥44.23 · the ¥40.85 price screens above the ¥35.22 fair value. Dashed = 300-day average. As of Jul 9, 2026.
Analysis
Guangdong Mingyang Electric Co (301291) currently trades at ¥40.85, while our model-based Fair Value estimate is ¥35.22, implying the stock looks roughly 13.8% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).
Over the trailing twelve months, Guangdong Mingyang Electric Co generated revenue of 6.6B CNY at a net margin of 7.6%. Revenue declined 26.3% year over year. It earns a return on equity of 10.2%. Net debt stands at 251M CNY. Fundamentals as of Jul 9, 2026
Our scenario range runs from ¥26.22 (bear case) to ¥44.23 (bull case); at ¥40.85, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 45% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -14%, 301291 screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 15 models by family
Widest divergence: Growth Earnings (¥65.98) versus Asset-Based (¥10.73). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 9, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 43 · Market factors (momentum, volatility) 30
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Guangdong Mingyang Electric Co.,Ltd. engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China. It offers box transformers, prefabricated substation and transformer equipment, and intelligent devices and systems.
Full company description
Guangdong Mingyang Electric Co.,Ltd. engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China. It offers box transformers, prefabricated substation and transformer equipment, and intelligent devices and systems. The company serves power generation, power grid, data center, rail transit, petrochemical industry, and infrastructure markets. The company was founded in 1993 and is based in Zhongshan, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Guangdong Mingyang Electric Co reported revenue of ¥6.9B in FY2025 versus ¥2.0B in FY2021, a compound +35.8%/yr. Reported net income was ¥588M in FY2025, compounding +38.2%/yr from FY2021.
301291 screens 14% overvalued. Compare with Contemporary Amperex Technology Co →
Peer Group
Electrical Equipment & Parts · 528 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 9, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Contemporary Amperex Technology Co 3750 | HK$675.50 | HK$391.44 | -42% |
| ABB Ltd ABBN | CHF 83.82 | CHF 35.46 | -58% |
| Delta Electronics (Thailand) Public Company TDED | 10.16 SGD | 1.47 SGD | -86% |
| LG Energy Solution, Ltd 373220 | 334,000 KRW | 201,455 KRW | -40% |
| WEG S.A WEGE3 | 13,210 ARS | 7,948 ARS | -40% |
| Sungrow Power Supply Co 300274 | ¥114.79 | ¥123.83 | +8% |
| Shenzhen Inovance Technology Co 300124 | ¥63.43 | ¥33.04 | -48% |
| HD Hyundai Electric Co 267260 | 823,000 KRW | 371,133 KRW | -55% |
| LS ELECTRIC Co 010120 | 190,000 KRW | 31,517 KRW | -83% |
| Sieyuan Electric Co 002028 | ¥151.73 | ¥71.69 | -53% |
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Frequently asked questions
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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