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Shanghai Morn Electric Equipment Co., Ltd. (SHE:002451)
China flag China · Delayed Price · Currency is CNY
7.01
+0.11 (1.59%)
Jul 31, 2026, 3:05 PM CST

SHE:002451 Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Revenue
1,5391,5761,3441,0891,0781,142
Revenue Growth
4.37%17.19%23.50%0.94%-5.59%151.46%
Gross Profit
154.83143.42116.83125.48135.94127.6
Operating Income
52.5249.2632.6928.8445.1228.08
Net Income
13.3410.5817.8716.1614.6712.85
Earnings Per Share
0.030.020.040.040.030.03
EPS Growth
-24.44%-39.75%0%33.33%0%50.00%

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

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Cash & Investments
206.78336.1150.84140.73122.4388.23
Total Debt
879.68904.89576.19580.54566.91375.38
Net Cash (Debt)
-672.9-568.79-425.35-439.81-444.48-287.15
Net Cash Growth
------
Net Cash Per Share
-1.42-1.30-0.95-1.09-0.91-0.67

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Operating Cash Flow
-50.86-1.69-16.46121.01-49.3-408.42
Capital Expenditures
-73.2-78.56-57.95-10.64-74.32-11.43
Free Cash Flow
-124.06-80.26-74.4110.38-123.62-419.85
Free Cash Flow Growth
------

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
Gross Margin
10.06%9.10%8.69%11.53%12.61%11.17%
Operating Margin
3.41%3.13%2.43%2.65%4.18%2.46%
Pretax Margin
2.21%1.78%1.53%1.79%2.16%1.25%
Profit Margin
0.87%0.67%1.33%1.49%1.36%1.13%
FCF Margin
-8.06%-5.09%-5.53%10.14%-11.46%-36.75%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023
Period EndingAug '26 Dec '25 Dec '24 Dec '23
Dividend Per Share
0.0100.0100.0100.010
Dividend Per Share Growth
0%0%0%-
Dividend Yield
0.14%0.10%0.16%0.14%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Jan '23 Dec '21
PE Ratio
248.99421.85154.33189.67172.78246.45
Forward PE
-17.1817.1817.1817.1817.18
P/FCF Ratio
---27.77--
PS Ratio
2.012.832.052.822.352.77