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Shanghai Morn Electric Equipment SZSE:002451 Stock Report

Last Price

CN¥5.66

Market Cap

CN¥2.6b

7D

-14.1%

1Y

-6.9%

Updated

18 Apr, 2024

Data

Company Financials

Shanghai Morn Electric Equipment Co., Ltd.

SZSE:002451 Stock Report

Market Cap: CN¥2.6b

Shanghai Morn Electric Equipment Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shanghai Morn Electric Equipment
Historical stock prices
Current Share PriceCN¥5.66
52 Week HighCN¥9.49
52 Week LowCN¥4.07
Beta0.35
1 Month Change-8.56%
3 Month Change-15.27%
1 Year Change-6.91%
3 Year Change-10.16%
5 Year Change-59.31%
Change since IPO2.78%

Recent News & Updates

Shanghai Morn Electric Equipment's (SZSE:002451) Shareholders May Want To Dig Deeper Than Statutory Profit

Apr 01
Shanghai Morn Electric Equipment's (SZSE:002451) Shareholders May Want To Dig Deeper Than Statutory Profit

Further Upside For Shanghai Morn Electric Equipment Co., Ltd. (SZSE:002451) Shares Could Introduce Price Risks After 28% Bounce

Mar 06
Further Upside For Shanghai Morn Electric Equipment Co., Ltd. (SZSE:002451) Shares Could Introduce Price Risks After 28% Bounce

Recent updates

Shanghai Morn Electric Equipment's (SZSE:002451) Shareholders May Want To Dig Deeper Than Statutory Profit

Apr 01
Shanghai Morn Electric Equipment's (SZSE:002451) Shareholders May Want To Dig Deeper Than Statutory Profit

Further Upside For Shanghai Morn Electric Equipment Co., Ltd. (SZSE:002451) Shares Could Introduce Price Risks After 28% Bounce

Mar 06
Further Upside For Shanghai Morn Electric Equipment Co., Ltd. (SZSE:002451) Shares Could Introduce Price Risks After 28% Bounce

Shareholder Returns

2451CN ElectricalCN Market
7D-14.1%-0.2%-0.2%
1Y-6.9%-19.7%-17.8%

Return vs Industry: 002451 exceeded the CN Electrical industry which returned -19.7% over the past year.

Return vs Market: 002451 exceeded the CN Market which returned -17.8% over the past year.

Price Volatility

Is 2451's price volatile compared to industry and market?
2451 volatility
2451 Average Weekly Movement10.3%
Electrical Industry Average Movement9.3%
Market Average Movement8.9%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.4%

Stable Share Price: 002451's share price has been volatile over the past 3 months.

Volatility Over Time: 002451's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997395Zhi Lan Zhuwww.mornelectric.com

Shanghai Morn Electric Equipment Co., Ltd. engages in the research and development, manufacturing, and sales of cables. The company provides wind power, photovoltaic, battery connection, industrial robot, industrial drag chain, photoelectric composite automation equipment mobile flexible, railway rolling stock, flame retardant B1 environmental protection, fireproof, mineral insulated, and medium voltage fireproof cables, as well as medium, high, and low voltage power cables.

Shanghai Morn Electric Equipment Co., Ltd. Fundamentals Summary

How do Shanghai Morn Electric Equipment's earnings and revenue compare to its market cap?
2451 fundamental statistics
Market capCN¥2.56b
Earnings (TTM)CN¥16.16m
Revenue (TTM)CN¥1.09b

153.8x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2451 income statement (TTM)
RevenueCN¥1.09b
Cost of RevenueCN¥963.11m
Gross ProfitCN¥125.48m
Other ExpensesCN¥109.32m
EarningsCN¥16.16m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)0.037
Gross Margin11.53%
Net Profit Margin1.48%
Debt/Equity Ratio65.7%

How did 2451 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

25%

Payout Ratio
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