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Shanghai Morn Electric Equipment SZSE:002451 Stock Report

Last Price

CN¥6.72

Market Cap

CN¥2.9b

7D

-3.3%

1Y

1.8%

Updated

24 Dec, 2024

Data

Company Financials

Shanghai Morn Electric Equipment Co., Ltd.

SZSE:002451 Stock Report

Market Cap: CN¥2.9b

002451 Stock Overview

Shanghai Morn Electric Equipment Co., Ltd. More details

002451 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Shanghai Morn Electric Equipment Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Shanghai Morn Electric Equipment
Historical stock prices
Current Share PriceCN¥6.72
52 Week HighCN¥8.16
52 Week LowCN¥4.07
Beta0.40
1 Month Change1.97%
3 Month Change26.79%
1 Year Change1.82%
3 Year Change-6.01%
5 Year Change-30.51%
Change since IPO22.03%

Recent News & Updates

Shanghai Morn Electric Equipment's (SZSE:002451) Earnings Are Of Questionable Quality

Nov 04
Shanghai Morn Electric Equipment's (SZSE:002451) Earnings Are Of Questionable Quality

Shanghai Morn Electric Equipment Co., Ltd.'s (SZSE:002451) Shares Climb 36% But Its Business Is Yet to Catch Up

Oct 08
Shanghai Morn Electric Equipment Co., Ltd.'s (SZSE:002451) Shares Climb 36% But Its Business Is Yet to Catch Up

Returns At Shanghai Morn Electric Equipment (SZSE:002451) Are On The Way Up

Sep 30
Returns At Shanghai Morn Electric Equipment (SZSE:002451) Are On The Way Up

Recent updates

Shanghai Morn Electric Equipment's (SZSE:002451) Earnings Are Of Questionable Quality

Nov 04
Shanghai Morn Electric Equipment's (SZSE:002451) Earnings Are Of Questionable Quality

Shanghai Morn Electric Equipment Co., Ltd.'s (SZSE:002451) Shares Climb 36% But Its Business Is Yet to Catch Up

Oct 08
Shanghai Morn Electric Equipment Co., Ltd.'s (SZSE:002451) Shares Climb 36% But Its Business Is Yet to Catch Up

Returns At Shanghai Morn Electric Equipment (SZSE:002451) Are On The Way Up

Sep 30
Returns At Shanghai Morn Electric Equipment (SZSE:002451) Are On The Way Up

Investors Appear Satisfied With Shanghai Morn Electric Equipment Co., Ltd.'s (SZSE:002451) Prospects

Jul 01
Investors Appear Satisfied With Shanghai Morn Electric Equipment Co., Ltd.'s (SZSE:002451) Prospects

Shanghai Morn Electric Equipment (SZSE:002451) May Have Issues Allocating Its Capital

Jun 07
Shanghai Morn Electric Equipment (SZSE:002451) May Have Issues Allocating Its Capital

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

002451CN ElectricalCN Market
7D-3.3%-1.5%-2.1%
1Y1.8%20.4%9.8%

Return vs Industry: 002451 underperformed the CN Electrical industry which returned 20.4% over the past year.

Return vs Market: 002451 underperformed the CN Market which returned 9.8% over the past year.

Price Volatility

Is 002451's price volatile compared to industry and market?
002451 volatility
002451 Average Weekly Movement8.6%
Electrical Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

Stable Share Price: 002451 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002451's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997395Zhi Lan Zhuwww.mornelectric.com

Shanghai Morn Electric Equipment Co., Ltd. designs, produces, and sells cables under the Morn brand in China. It operates through Electric Cable Sector; and Special Financial segments.

Shanghai Morn Electric Equipment Co., Ltd. Fundamentals Summary

How do Shanghai Morn Electric Equipment's earnings and revenue compare to its market cap?
002451 fundamental statistics
Market capCN¥2.89b
Earnings (TTM)CN¥18.31m
Revenue (TTM)CN¥1.24b

161.2x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002451 income statement (TTM)
RevenueCN¥1.24b
Cost of RevenueCN¥1.12b
Gross ProfitCN¥113.18m
Other ExpensesCN¥94.88m
EarningsCN¥18.31m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.042
Gross Margin9.15%
Net Profit Margin1.48%
Debt/Equity Ratio67.7%

How did 002451 perform over the long term?

See historical performance and comparison

Dividends

0.1%

Current Dividend Yield

22%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 15:56
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Shanghai Morn Electric Equipment Co., Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yuanrui LiuChangjiang Securities Co. LTD.
Rui Bin DongChina Merchants Securities Co. Ltd.