Shanghai Morn Electric Equipment Co., Ltd. (SHE:002451)
China · Delayed Price · Currency is CNY 6.82
-0.30 (-4.21%)
Oct 27, 2026, 3:04 PM CST
SHE:002451 Balance Sheet
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Jan '23 Jan 1, 2023 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 238.65 | 324.76 | 129.42 | 140.73 | 95.55 | 72.01 |
Trading Asset Securities | - | 11.34 | 21.42 | - | 26.87 | 16.21 |
Cash & Short-Term Investments | 238.65 | 336.1 | 150.84 | 140.73 | 122.43 | 88.23 |
Cash Growth | -0.65% | 122.82% | 7.18% | 14.95% | 38.76% | 5.48% |
Accounts Receivable | 856.42 | 855.46 | 738.77 | 717.01 | 764.76 | 559.76 |
Other Receivables | 20.09 | 8.11 | 12.69 | 21.82 | 39.11 | 62.64 |
Receivables | 876.52 | 863.56 | 751.47 | 738.83 | 803.87 | 622.4 |
Inventory | 229.58 | 142.29 | 166.01 | 155.31 | 153.36 | 145.57 |
Other Current Assets | 146.51 | 21.28 | 16.3 | 29.32 | 11.18 | 16.9 |
Total Current Assets | 1,491 | 1,363 | 1,085 | 1,064 | 1,091 | 873.09 |
Property, Plant & Equipment | 466.5 | 474.12 | 434.35 | 369.64 | 321.42 | 283.92 |
Long-Term Investments | 21.5 | 23.66 | 22.4 | 28.28 | 38.56 | 54.14 |
Other Intangible Assets | 32.15 | 32.75 | 34.22 | 33.89 | 33.86 | 35.13 |
Long-Term Deferred Tax Assets | 20.25 | 18.17 | 20.62 | 16.65 | 19.58 | 12.11 |
Long-Term Deferred Charges | 14.81 | 2.06 | 1.87 | 0.38 | 0.59 | 0.64 |
Other Long-Term Assets | 143.67 | 138.64 | 137.25 | 138.97 | 144.36 | 151.15 |
Total Assets | 2,190 | 2,053 | 1,735 | 1,652 | 1,649 | 1,410 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Jan '23 Jan 1, 2023 | Dec '21 Dec 31, 2021 |
Accounts Payable | 58.67 | 56.68 | 74.83 | 52.72 | 56.25 | 73.3 |
Accrued Expenses | 11.48 | 13.83 | 16.5 | 17.28 | 19.13 | 24.98 |
Short-Term Debt | 889.86 | 814.52 | 404.28 | 365.66 | 435.13 | 354.05 |
Current Portion of Long-Term Debt | 6.47 | 4.32 | 132.75 | 32.25 | 8.63 | - |
Current Portion of Leases | - | 3.48 | 2.72 | 1.21 | 1.9 | 1.9 |
Current Income Taxes Payable | 2.43 | 0.41 | 2.26 | 0.53 | 4.76 | 0.77 |
Current Unearned Revenue | 9.83 | 7.45 | 15.02 | 13.71 | 16.59 | 15.15 |
Other Current Liabilities | 145.01 | 106.74 | 159.87 | 103.27 | 99.19 | 46.77 |
Total Current Liabilities | 1,124 | 1,007 | 808.23 | 586.65 | 641.57 | 516.93 |
Long-Term Debt | 98.95 | 63.73 | 20.15 | 164.23 | 103.9 | - |
Long-Term Leases | 5.21 | 18.84 | 16.3 | 17.19 | 17.35 | 19.43 |
Long-Term Unearned Revenue | 8.79 | 19.31 | 20.88 | 24.74 | 28.82 | 32.89 |
Long-Term Deferred Tax Liabilities | 2.96 | 2.28 | 2.77 | 3.2 | 6.78 | 4.87 |
Total Liabilities | 1,240 | 1,112 | 868.32 | 796.01 | 798.42 | 574.12 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Jan '23 Jan 1, 2023 | Dec '21 Dec 31, 2021 |
Common Stock | 439.94 | 440.67 | 439.2 | 439.2 | 439.2 | 439.2 |
Additional Paid-In Capital | 71.7 | 72.39 | 68.41 | 68.41 | 68.41 | 68.41 |
Retained Earnings | 243.44 | 267.56 | 261.37 | 244.49 | 228.33 | 210.1 |
Treasury Stock | -2.44 | -4.88 | - | - | - | - |
Comprehensive Income & Other | 20.14 | -2.54 | -4.04 | 3.34 | 11.41 | 26.86 |
Total Common Equity | 772.78 | 773.19 | 764.95 | 755.45 | 747.35 | 744.57 |
Minority Interest | 177.69 | 167.86 | 102.06 | 100.54 | 103.42 | 91.49 |
Shareholders' Equity | 950.47 | 941.06 | 867.01 | 855.99 | 850.77 | 836.06 |
Total Liabilities & Equity | 2,190 | 2,053 | 1,735 | 1,652 | 1,649 | 1,410 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Jan '23 Jan 1, 2023 | Dec '21 Dec 31, 2021 |
Total Debt | 1,000 | 904.89 | 576.19 | 580.54 | 566.91 | 375.38 |
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 |
Filing Date Shares Outstanding | 445.07 | 440.67 | 439.2 | 439.2 | 439.2 | 439.2 |
Total Common Shares Outstanding | 445.07 | 440.67 | 439.2 | 439.2 | 439.2 | 439.2 |
Working Capital | 367.51 | 355.81 | 276.39 | 477.55 | 449.25 | 356.16 |
Book Value Per Share | 1.74 | 1.75 | 1.74 | 1.72 | 1.70 | 1.70 |
Tangible Book Value | 740.63 | 740.44 | 730.72 | 721.56 | 713.49 | 709.44 |
Tangible Book Value Per Share | 1.66 | 1.68 | 1.66 | 1.64 | 1.62 | 1.62 |
Buildings | - | 266.76 | 266.76 | 273.48 | 266.76 | 266.76 |
Machinery | - | 387.46 | 359.64 | 286.39 | 241.39 | 227.77 |
Construction In Progress | - | 142.43 | 122.49 | 90.61 | 64.93 | 9.85 |