Shanghai Morn Electric Equipment Co., Ltd. (SHE:002451)
China · Delayed Price · Currency is CNY 10.10
-0.13 (-1.27%)
At close: Feb 13, 2026
SHE:002451 Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Jan '23 Jan 1, 2023 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Operating Revenue | 1,509 | 1,238 | 1,062 | 1,051 | 1,131 | 440.84 |
Other Revenue | 105.96 | 105.96 | 26.16 | 27.06 | 10.99 | 13.43 |
| 1,615 | 1,344 | 1,089 | 1,078 | 1,142 | 454.27 | |
Revenue Growth (YoY) | 30.61% | 23.50% | 0.94% | -5.59% | 151.46% | 23.77% |
Cost of Revenue | 1,475 | 1,228 | 963.11 | 942.54 | 1,015 | 379.23 |
Gross Profit | 139.95 | 116.83 | 125.48 | 135.94 | 127.6 | 75.04 |
Selling, General & Admin | 46.14 | 48.17 | 53.3 | 46.2 | 56.63 | 49.2 |
Research & Development | 53.9 | 42.34 | 34.8 | 33.27 | 34.41 | 11.76 |
Other Operating Expenses | -0.74 | -10.89 | 0.28 | 3 | 1.39 | 0.84 |
Operating Expenses | 96.23 | 84.14 | 96.64 | 90.83 | 99.52 | 65.28 |
Operating Income | 43.71 | 32.69 | 28.84 | 45.12 | 28.08 | 9.76 |
Interest Expense | -25.65 | -21.42 | -23.75 | -23.72 | -17.26 | -13.37 |
Interest & Investment Income | 2.63 | 4.28 | 3.41 | 3.68 | 4.57 | 12.23 |
Currency Exchange Gain (Loss) | 0.34 | 0.34 | 0.02 | 0.01 | -0.04 | -0.03 |
Other Non Operating Income (Expenses) | -8.85 | -4.4 | 1.28 | -7.11 | -4.54 | -2.88 |
EBT Excluding Unusual Items | 12.18 | 11.48 | 9.79 | 17.97 | 10.82 | 5.72 |
Gain (Loss) on Sale of Investments | - | 0.29 | - | - | -0.61 | 0.04 |
Gain (Loss) on Sale of Assets | 0.59 | - | 0.58 | - | - | -0.04 |
Asset Writedown | 5.66 | - | -0.01 | -0 | -0 | - |
Other Unusual Items | 10.47 | 8.74 | 9.12 | 5.34 | 4.1 | 4.75 |
Pretax Income | 28.91 | 20.52 | 19.48 | 23.31 | 14.31 | 10.47 |
Income Tax Expense | 1.44 | -0.89 | 1.42 | 5.83 | -1.06 | 2.99 |
Earnings From Continuing Operations | 27.46 | 21.41 | 18.06 | 17.48 | 15.37 | 7.49 |
Minority Interest in Earnings | -14.29 | -3.54 | -1.89 | -2.81 | -2.52 | -0.02 |
Net Income | 13.17 | 17.87 | 16.16 | 14.67 | 12.85 | 7.46 |
Net Income to Common | 13.17 | 17.87 | 16.16 | 14.67 | 12.85 | 7.46 |
Net Income Growth | -28.05% | 10.57% | 10.20% | 14.15% | 72.21% | -79.57% |
Shares Outstanding (Basic) | 448 | 447 | 404 | 489 | 428 | 373 |
Shares Outstanding (Diluted) | 448 | 447 | 404 | 489 | 428 | 373 |
Shares Change (YoY) | 11.03% | 10.57% | -17.35% | 14.15% | 14.80% | -18.29% |
EPS (Basic) | 0.03 | 0.04 | 0.04 | 0.03 | 0.03 | 0.02 |
EPS (Diluted) | 0.03 | 0.04 | 0.04 | 0.03 | 0.03 | 0.02 |
EPS Growth | -35.20% | - | 33.33% | - | 50.00% | -75.00% |
Free Cash Flow | -174.39 | -74.4 | 110.38 | -123.62 | -419.85 | -42.24 |
Free Cash Flow Per Share | -0.39 | -0.17 | 0.27 | -0.25 | -0.98 | -0.11 |
Dividend Per Share | 0.010 | 0.010 | 0.010 | - | - | - |
Gross Margin | 8.66% | 8.69% | 11.53% | 12.61% | 11.17% | 16.52% |
Operating Margin | 2.71% | 2.43% | 2.65% | 4.18% | 2.46% | 2.15% |
Profit Margin | 0.81% | 1.33% | 1.49% | 1.36% | 1.13% | 1.64% |
Free Cash Flow Margin | -10.80% | -5.53% | 10.14% | -11.46% | -36.75% | -9.30% |
EBITDA | 88.89 | 74.82 | 66.9 | 82.35 | 66.29 | 51.07 |
EBITDA Margin | 5.50% | 5.56% | 6.14% | 7.64% | 5.80% | 11.24% |
D&A For EBITDA | 45.18 | 42.13 | 38.05 | 37.24 | 38.21 | 41.31 |
EBIT | 43.71 | 32.69 | 28.84 | 45.12 | 28.08 | 9.76 |
EBIT Margin | 2.71% | 2.43% | 2.65% | 4.18% | 2.46% | 2.15% |
Effective Tax Rate | 5.00% | - | 7.31% | 25.02% | - | 28.53% |
Revenue as Reported | 1,615 | 1,344 | 1,089 | 1,078 | 1,142 | 454.27 |
Advertising Expenses | - | - | - | - | - | 0.02 |
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.