Shanghai Morn Electric Equipment Co Ltd (002451) — Cash Flow Quality Index
Shanghai Morn Electric Equipment Co Ltd (002451) has a Cash Flow Quality Index of -92.67x as of September 2025. Operating cash flow of CN¥-124.15 Million is below net income of CN¥1.34 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 002451 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shanghai Morn Electric Equipment Co Ltd Cash Flow Quality Index (2007–2025)
Historical Cash Flow Quality Index for Shanghai Morn Electric Equipment Co Ltd across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 002451 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Shanghai Morn Electric Equipment Co Ltd (2007–2025)
Year-by-year earnings quality comparison for Shanghai Morn Electric Equipment Co Ltd. For live market cap and the full company financial profile, see market cap of Shanghai Morn Electric Equipment Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | -0.16x | CN¥-1.69 Million | CN¥10.58 Million | ▲ +79.2% |
| 2024 | -0.77x | CN¥-16.46 Million | CN¥21.41 Million | ▼ -111.5% |
| 2023 | 6.70x | CN¥121.01 Million | CN¥18.06 Million | ▲ +337.6% |
| 2022 | -2.82x | CN¥-49.30 Million | CN¥17.48 Million | ▲ +89.4% |
| 2021 | -26.57x | CN¥-408.42 Million | CN¥15.37 Million | ▼ -543.6% |
| 2020 | -4.13x | CN¥-30.91 Million | CN¥7.49 Million | ▼ -145.7% |
| 2019 | 9.03x | CN¥330.26 Million | CN¥36.58 Million | ▲ +18.9% |
| 2018 | 7.59x | CN¥64.59 Million | CN¥8.51 Million | ▲ +456.8% |
| 2017 | 1.36x | CN¥80.99 Million | CN¥59.39 Million | ▲ +191.5% |
| 2016 | -1.49x | CN¥-12.23 Million | CN¥8.21 Million | ▲ +34.5% |
| 2015 | -2.27x | CN¥-43.96 Million | CN¥19.33 Million | ▼ -568.9% |
| 2014 | -0.34x | CN¥-10.46 Million | CN¥30.78 Million | ▲ +93.5% |
| 2013 | -5.23x | CN¥-89.74 Million | CN¥17.15 Million | ▲ +47.8% |
| 2012 | -10.04x | CN¥-71.69 Million | CN¥7.14 Million | ▼ -7.8% |
| 2011 | -9.31x | CN¥-54.16 Million | CN¥5.82 Million | ▼ -139.1% |
| 2010 | -3.89x | CN¥-118.89 Million | CN¥30.53 Million | ▼ -609.1% |
| 2009 | 0.76x | CN¥35.68 Million | CN¥46.65 Million | ▼ -28.3% |
| 2008 | 1.07x | CN¥52.12 Million | CN¥48.89 Million | ▲ +203.5% |
| 2007 | 0.35x | CN¥15.81 Million | CN¥45.01 Million | — |