Shanghai Morn Electric Equipment Co Ltd
Shanghai Morn Electric Equipment Co., Ltd. designs, produces, and sells cables under the Morn brand in China. The company operates through Electric Cable Sector; and Special Financial segments. It offers power and electrical equipment cables, such as aluminum alloy, mineral insulated flexible fire-proof, LV and MV fire-resistant power, ceramic high-temperature fire-resistant, metal flexible pipe … Read more
Market Cap & Net Worth: Shanghai Morn Electric Equipment Co Ltd (002451)
Shanghai Morn Electric Equipment Co Ltd (SHE:002451) has a market capitalization of $625.82 Million (CN¥4.59 Billion) as of March 18, 2026. Listed on the SHE stock exchange, this China-based company holds position #11968 globally and #2901 in its home market, demonstrating a -9.94% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Shanghai Morn Electric Equipment Co Ltd's stock price CN¥10.42 by its total outstanding shares 440670000 (440.67 Million).
Shanghai Morn Electric Equipment Co Ltd Market Cap History: 2015 to 2026
Shanghai Morn Electric Equipment Co Ltd's market capitalization history from 2015 to 2026. Data shows change from $862.13 Million to $625.82 Million (-1.87% CAGR).
Shanghai Morn Electric Equipment Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Shanghai Morn Electric Equipment Co Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.28x
Shanghai Morn Electric Equipment Co Ltd's market cap is 0.28 times its annual revenue
0.28x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
21.10x
Shanghai Morn Electric Equipment Co Ltd's market cap is 21.10 times its annual earnings
1.62x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $862.13 Million | $576.61 Million | $14.56 Million | 1.50x | 59.19x |
| 2016 | $944.16 Million | $500.81 Million | $8.70 Million | 1.89x | 108.49x |
| 2017 | $1.78 Billion | $467.47 Million | $59.23 Million | 3.81x | 30.04x |
| 2018 | $729.69 Million | $585.01 Million | $8.38 Million | 1.25x | 87.04x |
| 2019 | $579.80 Million | $367.02 Million | $36.52 Million | 1.58x | 15.87x |
| 2020 | $425.11 Million | $454.27 Million | $7.46 Million | 0.94x | 56.97x |
| 2021 | $432.30 Million | $1.14 Billion | $12.85 Million | 0.38x | 33.64x |
| 2022 | $345.96 Million | $1.08 Billion | $14.67 Million | 0.32x | 23.59x |
| 2023 | $418.51 Million | $1.09 Billion | $16.16 Million | 0.38x | 25.89x |
| 2024 | $377.17 Million | $1.34 Billion | $17.87 Million | 0.28x | 21.10x |
Competitor Companies of 002451 by Market Capitalization
Companies near Shanghai Morn Electric Equipment Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Shanghai Morn Electric Equipment Co Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #157 globally with a market cap of $118.93 Billion USD ( CN¥872.65 Billion CNY).
- Vertiv Holdings Co (NYSE:VRT): Ranked #225 globally with a market cap of $89.72 Billion USD.
- ABB Ltd (PINK:ABBNY): Ranked #242 globally with a market cap of $85.22 Billion USD.
- VERTIV HOL.CL A DL-0001 (F:49V): Ranked #371 globally with a market cap of $59.06 Billion USD ( €57.54 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #157 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $118.93 Billion | CN¥405.00 |
| #225 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $268.41 |
| #242 | ABB Ltd | PINK:ABBNY | $85.22 Billion | $46.91 |
| #371 | VERTIV HOL.CL A DL-0001 | F:49V | $59.06 Billion | €232.00 |
Shanghai Morn Electric Equipment Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Shanghai Morn Electric Equipment Co Ltd's market cap moved from $862.13 Million to $ 625.82 Million, with a yearly change of -1.87%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥625.82 Million | +2.86% |
| 2025 | CN¥608.40 Million | +61.31% |
| 2024 | CN¥377.17 Million | -9.88% |
| 2023 | CN¥418.51 Million | +20.97% |
| 2022 | CN¥345.96 Million | -19.97% |
| 2021 | CN¥432.30 Million | +1.69% |
| 2020 | CN¥425.11 Million | -26.68% |
| 2019 | CN¥579.80 Million | -20.54% |
| 2018 | CN¥729.69 Million | -58.98% |
| 2017 | CN¥1.78 Billion | +88.42% |
| 2016 | CN¥944.16 Million | +9.52% |
| 2015 | CN¥862.13 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Shanghai Morn Electric Equipment Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $625.82 Million USD |
| MoneyControl | $625.82 Million USD |
| MarketWatch | $625.82 Million USD |
| marketcap.company | $625.82 Million USD |
| Reuters | $625.82 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.