Shanghai Morn Electric Equipment Co., Ltd. (SHE:002451)
China flag China · Delayed Price · Currency is CNY
6.82
-0.30 (-4.21%)
Oct 27, 2026, 3:04 PM CST

SHE:002451 Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Revenue
1,5541,5761,3441,0891,0781,142
Revenue Growth
-3.82%17.19%23.50%0.94%-5.59%151.46%
Gross Profit
144.76143.42116.83125.48135.94127.6
Operating Income
44.8749.2632.6928.8445.1228.08
Net Income
9.6710.5817.8716.1614.6712.85
Earnings Per Share
0.020.020.040.040.030.03
EPS Growth
-25.14%-39.75%0%33.33%0%50.00%

Revenue by Segment

Fiscal Year
FY 2025FY 2024FY 2023FY 2022
Period EndingDec '25 Dec '24 Dec '23 Jan '23
Offset of Business Segment
-606.93---
Electric Cable Sector
2,1031,2191,0551,038
Special Financial Sector
-19.217.113.46
Unallocated Other Operations
-105.9626.1627.06
Total
1,4961,3441,0891,078

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Cash & Investments
238.65336.1150.84140.73122.4388.23
Total Debt
1,000904.89576.19580.54566.91375.38
Net Cash (Debt)
-761.83-568.79-425.35-439.81-444.48-287.15
Net Cash Growth
------
Net Cash Per Share
-1.73-1.30-0.95-1.09-0.91-0.67

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Operating Cash Flow
-42.14-1.69-16.46121.01-49.3-408.42
Capital Expenditures
-61.77-78.56-57.95-10.64-74.32-11.43
Free Cash Flow
-103.91-80.26-74.4110.38-123.62-419.85
Free Cash Flow Growth
------

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Gross Margin
9.32%9.10%8.69%11.53%12.61%11.17%
Operating Margin
2.89%3.13%2.43%2.65%4.18%2.46%
Pretax Margin
1.50%1.78%1.53%1.79%2.16%1.25%
Profit Margin
0.62%0.67%1.33%1.49%1.36%1.13%
FCF Margin
-6.69%-5.09%-5.53%10.14%-11.46%-36.75%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023
Period EndingOct '26 Dec '25 Dec '24 Dec '23
Dividend Per Share
0.0100.0100.0100.010
Dividend Per Share Growth
0%0%0%-
Dividend Yield
0.15%0.10%0.16%0.14%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
PE Ratio
310.18421.85154.33189.67172.78246.45
Forward PE
-17.1817.1817.1817.1817.18
P/FCF Ratio
---27.77--
PS Ratio
2.022.832.052.822.352.77