About
About Shanghai Morn Electric Equipment Co., Ltd
Shanghai Morn Electric Equipment Co., Ltd., together with its subsidiaries, engages in the research, design, development, production, and sale of cables in China. The company operates in two segments, Cable and Quasi-Financial. It offers power and electrical equipment cables, including 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 cable products under the Morn brand name. The company also engages in factoring; debt collection services; investment activities; property management; hotel accommodation; and trading. Its products are used in power, rail transportation, construction engineering, new energy, communications, ships, intelligent equipment, metallurgy, petrochemicals, port machinery and marine engineering, mining, and other fields. The company was founded in 1997 and is headquartered in Shanghai, China.
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5 years, 5 months ago
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.