-
1 Comment
Shanghai Morn Electric Equipment Co., Ltd is currently in a long term downtrend where the price is trading 4.7% below its 200 day moving average.
From a valuation standpoint, the stock is 38.3% more expensive than other stocks from the Industrials sector with a price to sales ratio of 7.0.
Shanghai Morn Electric Equipment Co., Ltd's total revenue rose by 74.2% to $138M since the same quarter in the previous year.
Its net income has increased by 122.4% to $627K since the same quarter in the previous year.
Finally, its free cash flow grew by 138.2% to $27M since the same quarter in the previous year.
Based on the above factors, Shanghai Morn Electric Equipment Co., Ltd gets an overall score of 3/5.
| Exchange | SHE |
|---|---|
| CurrencyCode | CNY |
| ISIN | CNE100000RT9 |
| Sector | Industrials |
| Industry | Electrical Equipment & Parts |
| Market Cap | 3B |
|---|---|
| PE Ratio | 165.75 |
| Dividend Yield | 0.2% |
| Target Price | 11.45 |
| Beta | 0.35 |
Shanghai Morn Electric Equipment Co., Ltd. designs, produces, and sells cables under the Morn brand in China. It operates through Electric Cable Sector; and Special Financial segments. The company offers power and electrical equipment cables, such as 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, and high and low temperature resistant cables. Its products are used in electric power, rail transit, construction engineering, new energy, communications, ships/ships, intelligent equipment, metallurgy, petrochemical, port machinery and marine engineering, industrial and mining, and other fields. The company also engages in factoring, collection services, property management, and investment activities. Shanghai Morn Electric Equipment Co., Ltd. was founded in 1997 and is based in Shanghai, China.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 002451.SHE using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2025
