Shanghai Morn Electric Equipment Co Ltd (002451) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.140x

Based on the latest financial reports, Shanghai Morn Electric Equipment Co Ltd (002451) has a cash flow conversion efficiency ratio of -0.140x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CN¥-124.15 Million ≈ $-18.17 Million USD) by net assets (CN¥889.76 Million ≈ $130.20 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Shanghai Morn Electric Equipment Co Ltd market capitalisation for the company's overall valuation and market capitalisation.

Shanghai Morn Electric Equipment Co Ltd - Cash Flow Conversion Efficiency Trend (2007–2025)

This chart illustrates how Shanghai Morn Electric Equipment Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Shanghai Morn Electric Equipment Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shanghai Morn Electric Equipment Co Ltd ranked by their cash flow conversion efficiency. Explore earnings quality score of Shanghai Morn Electric Equipment Co Ltd to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Chongqing VDL Electronics Co. Ltd. A SHE:301121	-0.019x
Hunan Lead Power Dazhi Technology Inc Co SHE:300530	-0.195x
Seobu T&D Co. Ltd KQ:006730	0.019x
Nanjing Central Emporium Group Stocks Co Ltd SHG:600280	0.252x
ICRA Limited NSE:ICRA	0.071x
JPP Holding Company Limited TW:5284	-0.008x
PT Temas Tbk JK:TMAS	0.079x
EQV Ventures Acquisition Corp. II NYSE:EVAC	0.007x

Annual Cash Flow Conversion Efficiency for Shanghai Morn Electric Equipment Co Ltd (2007–2025)

The table below shows the annual cash flow conversion efficiency of Shanghai Morn Electric Equipment Co Ltd from 2007 to 2025. View 002451 live share price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥941.06 Million ≈ $137.71 Million	CN¥-1.69 Million ≈ $-247.94K	-0.002x	+90.52%
2024-12-31	CN¥867.01 Million ≈ $126.87 Million	CN¥-16.46 Million ≈ $-2.41 Million	-0.019x	-113.43%
2023-12-31	CN¥855.99 Million ≈ $125.26 Million	CN¥121.01 Million ≈ $17.71 Million	0.141x	+343.93%
2022-12-31	CN¥850.70 Million ≈ $124.48 Million	CN¥-49.30 Million ≈ $-7.21 Million	-0.058x	+88.14%
2021-12-31	CN¥836.06 Million ≈ $122.34 Million	CN¥-408.42 Million ≈ $-59.77 Million	-0.489x	-1017.25%
2020-12-31	CN¥706.96 Million ≈ $103.45 Million	CN¥-30.91 Million ≈ $-4.52 Million	-0.044x	-109.26%
2019-12-31	CN¥699.81 Million ≈ $102.40 Million	CN¥330.26 Million ≈ $48.33 Million	0.472x	+384.58%
2018-12-31	CN¥663.23 Million ≈ $97.05 Million	CN¥64.59 Million ≈ $9.45 Million	0.097x	-21.26%
2017-12-31	CN¥654.73 Million ≈ $95.81 Million	CN¥80.99 Million ≈ $11.85 Million	0.124x	+780.12%
2016-12-31	CN¥672.64 Million ≈ $98.43 Million	CN¥-12.23 Million ≈ $-1.79 Million	-0.018x	+70.97%
2015-12-31	CN¥701.65 Million ≈ $102.67 Million	CN¥-43.96 Million ≈ $-6.43 Million	-0.063x	-307.46%
2014-12-31	CN¥680.59 Million ≈ $99.59 Million	CN¥-10.46 Million ≈ $-1.53 Million	-0.015x	+89.03%
2013-12-31	CN¥640.12 Million ≈ $93.67 Million	CN¥-89.74 Million ≈ $-13.13 Million	-0.140x	-24.38%
2012-12-31	CN¥636.06 Million ≈ $93.08 Million	CN¥-71.69 Million ≈ $-10.49 Million	-0.113x	-30.14%
2011-12-31	CN¥625.28 Million ≈ $91.50 Million	CN¥-54.16 Million ≈ $-7.92 Million	-0.087x	+54.75%
2010-12-31	CN¥621.10 Million ≈ $90.89 Million	CN¥-118.89 Million ≈ $-17.40 Million	-0.191x	-231.50%
2009-12-31	CN¥245.13 Million ≈ $35.87 Million	CN¥35.68 Million ≈ $5.22 Million	0.146x	-44.66%
2008-12-31	CN¥198.16 Million ≈ $29.00 Million	CN¥52.12 Million ≈ $7.63 Million	0.263x	+146.45%
2007-12-31	CN¥148.14 Million ≈ $21.68 Million	CN¥15.81 Million ≈ $2.31 Million	0.107x	--

About Shanghai Morn Electric Equipment Co Ltd

SHE:002451 China Electrical Equipment & Parts

Market Cap

$483.47 Million

CN¥3.30 Billion CNY

Market Cap Rank

#12446 Global

#3608 in China

Share Price

CN¥7.51

Change (1 day)

-4.57%

52-Week Range

CN¥6.20 - CN¥15.19

All Time High

CN¥32.94