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Shanghai Morn Electric Equipment SZSE:002451 Stock Report

Last Price

CN¥5.06

Market Cap

CN¥2.2b

7D

6.1%

1Y

-22.7%

Updated

30 Aug, 2024

Data

Company Financials

Shanghai Morn Electric Equipment Co., Ltd.

SZSE:002451 Stock Report

Market Cap: CN¥2.2b

002451 Stock Overview

Shanghai Morn Electric Equipment Co., Ltd.

002451 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends0/6

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¥5.06
52 Week HighCN¥9.45
52 Week LowCN¥4.07
Beta0.35
11 Month Change1.61%
3 Month Change-10.44%
1 Year Change-22.75%
33 Year Change-34.63%
5 Year Change-47.89%
Change since IPO-8.11%

Recent News & Updates

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

Recent updates

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
7D6.1%1.8%-0.8%
1Y-22.7%-21.2%-13.4%

Return vs Industry: 002451 underperformed the CN Electrical industry which returned -21.2% over the past year.

Return vs Market: 002451 underperformed the CN Market which returned -13.4% over the past year.

Price Volatility

Is 002451's price volatile compared to industry and market?
002451 volatility
002451 Average Weekly Movement6.0%
Electrical Industry Average Movement6.0%
Market Average Movement5.6%
10% most volatile stocks in CN Market8.8%
10% least volatile stocks in CN Market3.7%

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

Volatility Over Time: 002451's weekly volatility (6%) 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¥2.20b
Earnings (TTM)CN¥19.92m
Revenue (TTM)CN¥1.11b

111.5x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002451 income statement (TTM)
RevenueCN¥1.11b
Cost of RevenueCN¥991.65m
Gross ProfitCN¥117.84m
Other ExpensesCN¥97.92m
EarningsCN¥19.92m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.045
Gross Margin10.62%
Net Profit Margin1.80%
Debt/Equity Ratio67.5%

How did 002451 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

20%

Payout Ratio