Shanghai Morn Electric Equipment Co., Ltd. Logo

Shanghai Morn Electric Equipment Co., Ltd.

002451.SZ

(2.0)
Stock Price

6,23 CNY

1.2% ROA

2.64% ROE

147.92x PER

Market Cap.

2.947.032.000,00 CNY

78.69% DER

0.15% Yield

1.8% NPM

Shanghai Morn Electric Equipment Co., Ltd. Stock Analysis

Shanghai Morn Electric Equipment Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Shanghai Morn Electric Equipment Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

2 ROE

The stock's ROE falls within an average range (1.83%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

3 ROA

The stock's ROA (0.77%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

4 DER

The stock has a reasonable amount of debt compared to its ownership (84%), suggesting a balanced financial position and a moderate level of risk.

5 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

6 Net Profit Growth

Over the last three years, this company has consistently achieved net profit growth, indicating a favorable financial performance and making it an attractive investment option.

7 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (387) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 PBV

The stock's high Price-to-Book Value (P/BV) ratio (4.12x) suggests it's overvalued, potentially making it an expensive investment.

9 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

Shanghai Morn Electric Equipment Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Shanghai Morn Electric Equipment Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Shanghai Morn Electric Equipment Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Shanghai Morn Electric Equipment Co., Ltd. Revenue
Year Revenue Growth
2007 265.241.747
2008 376.185.532 29.49%
2009 346.097.272 -8.69%
2010 357.450.453 3.18%
2011 446.208.549 19.89%
2012 392.349.051 -13.73%
2013 442.630.277 11.36%
2014 646.651.348 31.55%
2015 576.605.862 -12.15%
2016 500.808.563 -15.13%
2017 467.468.469 -7.13%
2018 585.013.110 20.09%
2019 367.023.233 -59.39%
2020 454.271.984 19.21%
2021 1.142.295.753 60.23%
2022 1.078.487.200 -5.92%
2023 1.023.715.476 -5.35%
2023 1.084.413.421 5.6%
2024 1.394.159.512 22.22%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Shanghai Morn Electric Equipment Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2007 0
2008 0 0%
2009 0 0%
2010 7.459.533 100%
2011 10.685.553 30.19%
2012 11.537.590 7.38%
2013 12.415.281 7.07%
2014 14.575.011 14.82%
2015 12.405.649 -17.49%
2016 13.869.318 10.55%
2017 9.209.285 -50.6%
2018 16.463.317 44.06%
2019 9.732.227 -69.16%
2020 11.755.518 17.21%
2021 34.414.002 65.84%
2022 33.266.203 -3.45%
2023 36.442.216 8.72%
2023 33.925.633 -7.42%
2024 38.609.540 12.13%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Shanghai Morn Electric Equipment Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2007 9.020.608
2008 18.896.534 52.26%
2009 15.995.649 -18.14%
2010 11.783.325 -35.75%
2011 5.727.202 -105.74%
2012 5.441.329 -5.25%
2013 6.930.748 21.49%
2014 8.000.690 13.37%
2015 7.655.089 -4.51%
2016 13.768.294 44.4%
2017 12.542.769 -9.77%
2018 17.239.703 27.24%
2019 20.100.730 14.23%
2020 18.701.989 -7.48%
2021 10.443.795 -79.07%
2022 4.475.780 -133.34%
2023 74.981.390 94.03%
2023 7.823.332 -858.43%
2024 -4.904.443 259.52%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Shanghai Morn Electric Equipment Co., Ltd. EBITDA
Year EBITDA Growth
2007 53.861.212
2008 75.321.785 28.49%
2009 72.585.973 -3.77%
2010 55.288.782 -31.29%
2011 37.617.065 -46.98%
2012 37.602.314 -0.04%
2013 64.598.683 41.79%
2014 83.490.671 22.63%
2015 97.832.658 14.66%
2016 94.816.625 -3.18%
2017 158.104.949 40.03%
2018 89.486.217 -76.68%
2019 36.819.105 -143.04%
2020 71.177.171 48.27%
2021 81.313.221 12.47%
2022 100.581.424 19.16%
2023 39.404.806 -155.25%
2023 71.634.720 44.99%
2024 111.989.420 36.03%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Shanghai Morn Electric Equipment Co., Ltd. Gross Profit
Year Gross Profit Growth
2007 78.452.468
2008 123.946.777 36.7%
2009 111.712.315 -10.95%
2010 94.479.573 -18.24%
2011 78.828.092 -19.86%
2012 70.631.831 -11.6%
2013 107.854.636 34.51%
2014 142.366.511 24.24%
2015 158.543.178 10.2%
2016 121.605.672 -30.37%
2017 180.755.639 32.72%
2018 130.856.147 -38.13%
2019 68.190.568 -91.9%
2020 75.037.566 9.12%
2021 127.596.367 41.19%
2022 135.944.077 6.14%
2023 123.731.369 -9.87%
2023 113.934.109 -8.6%
2024 159.020.988 28.35%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Shanghai Morn Electric Equipment Co., Ltd. Net Profit
Year Net Profit Growth
2007 45.282.956
2008 48.423.008 6.48%
2009 46.647.354 -3.81%
2010 30.531.766 -52.78%
2011 5.817.532 -424.82%
2012 7.132.812 18.44%
2013 16.992.099 58.02%
2014 26.418.165 35.68%
2015 14.564.603 -81.39%
2016 8.702.374 -67.36%
2017 59.226.168 85.31%
2018 8.383.369 -606.47%
2019 36.524.168 77.05%
2020 7.461.324 -389.51%
2021 12.848.990 41.93%
2022 14.666.901 12.39%
2023 15.692.882 6.54%
2023 16.162.815 2.91%
2024 20.813.496 22.34%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Shanghai Morn Electric Equipment Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2007 0
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Shanghai Morn Electric Equipment Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2007 -2.859.869
2008 23.040.242 112.41%
2009 23.448.114 1.74%
2010 -144.936.412 116.18%
2011 -154.182.175 6%
2012 -172.804.282 10.78%
2013 -175.847.716 1.73%
2014 -75.503.822 -132.9%
2015 -84.059.058 10.18%
2016 -17.754.237 -373.46%
2017 64.218.185 127.65%
2018 59.632.844 -7.69%
2019 302.847.284 80.31%
2020 -42.238.618 816.99%
2021 -419.848.598 89.94%
2022 -123.618.232 -239.63%
2023 115.078.227 207.42%
2023 27.776.905 -314.29%
2024 -24.244.173 214.57%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Shanghai Morn Electric Equipment Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2007 15.810.306
2008 52.121.891 69.67%
2009 35.681.047 -46.08%
2010 -118.888.253 130.01%
2011 -54.155.332 -119.53%
2012 -71.691.566 24.46%
2013 -89.741.570 20.11%
2014 -10.464.370 -757.59%
2015 -43.956.791 76.19%
2016 -12.233.442 -259.32%
2017 80.986.081 115.11%
2018 64.592.885 -25.38%
2019 330.262.333 80.44%
2020 -30.911.347 1168.42%
2021 -408.422.893 92.43%
2022 -49.302.382 -728.4%
2023 125.713.343 139.22%
2023 40.960.351 -206.91%
2024 41.286.200 0.79%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Shanghai Morn Electric Equipment Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2007 18.670.175
2008 29.081.648 35.8%
2009 12.232.932 -137.73%
2010 26.048.158 53.04%
2011 100.026.842 73.96%
2012 101.112.716 1.07%
2013 86.106.146 -17.43%
2014 65.039.452 -32.39%
2015 40.102.267 -62.18%
2016 5.520.795 -626.39%
2017 16.767.896 67.08%
2018 4.960.041 -238.06%
2019 27.415.048 81.91%
2020 11.327.271 -142.03%
2021 11.425.705 0.86%
2022 74.315.850 84.63%
2023 10.635.116 -598.78%
2023 13.183.447 19.33%
2024 65.530.373 79.88%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Shanghai Morn Electric Equipment Co., Ltd. Equity
Year Equity Growth
2007 148.137.497
2008 198.162.635 25.24%
2009 245.128.540 19.16%
2010 621.101.643 60.53%
2011 625.275.676 0.67%
2012 636.063.310 1.7%
2013 640.115.283 0.63%
2014 680.594.841 5.95%
2015 701.646.396 3%
2016 672.644.509 -4.31%
2017 654.732.015 -2.74%
2018 663.234.291 1.28%
2019 699.809.340 5.23%
2020 706.962.892 1.01%
2021 836.058.587 15.44%
2022 850.696.802 1.72%
2023 855.991.857 0.62%
2023 849.933.157 -0.71%
2024 854.903.529 0.58%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Shanghai Morn Electric Equipment Co., Ltd. Assets
Year Assets Growth
2007 276.234.504
2008 366.634.595 24.66%
2009 404.005.370 9.25%
2010 798.799.349 49.42%
2011 926.706.980 13.8%
2012 1.055.522.655 12.2%
2013 1.228.535.634 14.08%
2014 1.580.229.382 22.26%
2015 1.819.079.158 13.13%
2016 1.772.719.123 -2.62%
2017 1.631.075.917 -8.68%
2018 1.593.799.695 -2.34%
2019 1.205.288.818 -32.23%
2020 1.227.443.543 1.8%
2021 1.410.181.865 12.96%
2022 1.644.378.287 14.24%
2023 1.652.002.689 0.46%
2023 1.648.842.455 -0.19%
2024 1.697.420.442 2.86%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Shanghai Morn Electric Equipment Co., Ltd. Liabilities
Year Liabilities Growth
2007 128.097.006
2008 168.471.959 23.97%
2009 158.876.829 -6.04%
2010 177.697.705 10.59%
2011 301.431.303 41.05%
2012 419.459.344 28.14%
2013 588.420.350 28.71%
2014 899.634.540 34.59%
2015 1.117.432.760 19.49%
2016 1.100.074.613 -1.58%
2017 976.343.901 -12.67%
2018 930.565.403 -4.92%
2019 505.479.477 -84.1%
2020 520.480.650 2.88%
2021 574.123.276 9.34%
2022 793.681.484 27.66%
2023 771.269.237 -2.91%
2023 798.909.298 3.46%
2024 842.516.912 5.18%

Shanghai Morn Electric Equipment Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.52
Net Income per Share
0.05
Price to Earning Ratio
147.92x
Price To Sales Ratio
2.66x
POCF Ratio
18.12
PFCF Ratio
24.33
Price to Book Ratio
3.9
EV to Sales
3.04
EV Over EBITDA
56.9
EV to Operating CashFlow
20.7
EV to FreeCashFlow
27.79
Earnings Yield
0.01
FreeCashFlow Yield
0.04
Market Cap
2,95 Bil.
Enterprise Value
3,37 Bil.
Graham Number
1.33
Graham NetNet
-0.28

Income Statement Metrics

Net Income per Share
0.05
Income Quality
8.16
ROE
0.03
Return On Assets
0.01
Return On Capital Employed
0.01
Net Income per EBT
1
EBT Per Ebit
1.52
Ebit per Revenue
0.01
Effective Tax Rate
-0.03

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.1
Operating Profit Margin
0.01
Pretax Profit Margin
0.02
Net Profit Margin
0.02

Dividends

Dividend Yield
0
Dividend Yield %
0.15
Payout Ratio
1.46
Dividend Per Share
0.01

Operating Metrics

Operating Cashflow per Share
0.37
Free CashFlow per Share
0.28
Capex to Operating CashFlow
0.26
Capex to Revenue
0.04
Capex to Depreciation
3.43
Return on Invested Capital
0.01
Return on Tangible Assets
0.01
Days Sales Outstanding
202.97
Days Payables Outstanding
28.07
Days of Inventory on Hand
55.62
Receivables Turnover
1.8
Payables Turnover
13
Inventory Turnover
6.56
Capex per Share
0.09

Balance Sheet

Cash per Share
0,41
Book Value per Share
1,95
Tangible Book Value per Share
1.87
Shareholders Equity per Share
1.72
Interest Debt per Share
1.4
Debt to Equity
0.79
Debt to Assets
0.35
Net Debt to EBITDA
7.09
Current Ratio
1.4
Tangible Asset Value
0,82 Bil.
Net Current Asset Value
0,22 Bil.
Invested Capital
755195818
Working Capital
0,30 Bil.
Intangibles to Total Assets
0.02
Average Receivables
0,60 Bil.
Average Payables
0,07 Bil.
Average Inventory
160980166.5
Debt to Market Cap
0.2

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Shanghai Morn Electric Equipment Co., Ltd. Dividends
Year Dividends Growth
2013 0
2016 0 0%
2017 0 0%
2024 0 0%

Shanghai Morn Electric Equipment Co., Ltd. Profile

About Shanghai Morn Electric Equipment Co., Ltd.

Shanghai Morn Electric Equipment Co., Ltd. designs, produces, and sells power and electrical equipment cables. The company provides aluminum alloy, mineral insulated flexible fire-proof, LV and MV fire-resistant power, ceramic high-temperature fire-resistant, metal flexible pipe equipment, frequency converter, shielding and chemical resistance, encoder, oil resistant corrosion split-phase comprehensive sheath, high and low temperature resistant, and other cables. It offers its products to metallurgy, petrochemical industry, electricity, transportation, and city construction fields under the Morn brand. The company also exports its products to Europe, Africa, the Middle East, and South East markets. Shanghai Morn Electric Equipment Co., Ltd. was founded in 1997 and is based in Shanghai, China.

CEO
Ms. Zhi Lan Zhu
Employee
395
Address
No. 2829 Jiangshan Road
Shanghai, 201306

Shanghai Morn Electric Equipment Co., Ltd. Executives & BODs

Shanghai Morn Electric Equipment Co., Ltd. Executives & BODs
# Name Age
1 Mr. Shengzhi Huang
Board Secretary & Director
70
2 Ms. Zhi Lan Zhu
Chairman & GM
70
3 Ms. NA NA
Financial Director
70

Shanghai Morn Electric Equipment Co., Ltd. Competitors