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.

Shanghai Morn Electric Equipment Co Ltd - Cash Flow Conversion Efficiency Trend (2007–2024)

This chart illustrates how Shanghai Morn Electric Equipment Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Shanghai Morn Electric Equipment Co Ltd carry for a breakdown of total debt and financial obligations.

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
Cheng Loong Corp TW:1904	0.038x
Hangzhou CNCR-IT Co Ltd SHE:300250	0.018x
Jinlong Machinery Electronic SHE:300032	0.073x
Alpha Tau Medical Ltd NASDAQ:DRTS	0.000x
SurModics Inc NASDAQ:SRDX	0.013x
Changzhou Xiangming Intelligent Drive System Corporation SHE:301226	N/A
Guangdong Qunxing Toys Joint-Stock Co Ltd SHE:002575	0.008x
MarineMax Inc NYSE:HZO	0.018x

Annual Cash Flow Conversion Efficiency for Shanghai Morn Electric Equipment Co Ltd (2007–2024)

The table below shows the annual cash flow conversion efficiency of Shanghai Morn Electric Equipment Co Ltd from 2007 to 2024. For the full company profile with market capitalisation and key ratios, see 002451 market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
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

$614.53 Million

CN¥4.20 Billion CNY

Market Cap Rank

#11487 Global

#3487 in China

Share Price

CN¥9.53

Change (1 day)

-1.45%

52-Week Range

CN¥6.38 - CN¥15.19

All Time High

CN¥32.94