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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.
| Industry | Electrical Equipment & Parts |
|---|---|
| Sector | Industrials |
| ISIN | CNE100000RT9 |
| CurrencyCode | CNY |
| Exchange | SHE |
| Market Cap | 3B |
|---|---|
| Target Price | 11.45 |
| PE Ratio | 215.67 |
| Beta | 0.38 |
| Dividend Yield | 0.0% |
Shanghai Morn Electric Equipment Co., Ltd. engages in the research and development, manufacturing, and sales of cables. The company provides wind power, photovoltaic, battery connection, industrial robot, industrial drag chain, photoelectric composite automation equipment mobile flexible, railway rolling stock, flame retardant B1 environmental protection, fireproof, mineral insulated, and medium voltage fireproof cables, as well as medium, high, and low voltage power cables. It offers its products to 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. Shanghai Morn Electric Equipment Co., Ltd. was founded in 1997 and is based in Shanghai, China.
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