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. See 002451 net asset quality score to measure how much of total assets are equity-financed.

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. Check how high is Shanghai Morn Electric Equipment Co Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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.

Company	Cash Flow Conversion Efficiency
Nanjing Zhongbei Group Co Ltd SHE:000421	0.037x
Unipar Carbocloro S.A SA:UNIP3	0.098x
Tatva Chintan Pharma Chem Limited NSE:TATVA	0.017x
Deutsche Pfandbriefbank AG XETRA:PBB	0.009x
Costamare Bulkers Holdings Limited NYSE:CMDB	0.034x
NAPATECH A/S NAM. DK 025 F:NAT	0.056x
Guangzhou Amsky Technology Co Ltd SHE:300521	-0.033x
FONDUL PRO.GDR REGS LN-85 F:FP4G	N/A

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. For the full company profile with market capitalisation and key ratios, see Shanghai Morn Electric Equipment Co Ltd market capitalisation.

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

$452.03 Million

CN¥3.09 Billion CNY

Market Cap Rank

#12563 Global

#3624 in China

Share Price

CN¥7.01

Change (1 day)

+1.59%

52-Week Range

CN¥6.20 - CN¥15.19

All Time High

CN¥32.94