Shanghai Morn Electric Equipment Co Ltd (SHE:002451) — Market Cap & Net Worth
Market Cap & Net Worth: Shanghai Morn Electric Equipment Co Ltd (002451)
Shanghai Morn Electric Equipment Co Ltd (SHE:002451) has a market capitalization of $483.47 Million (CN¥3.30 Billion) as of September 17, 2026. Listed on the SHE stock exchange, this China-based company holds position #12446 globally and #3608 in its home market, demonstrating a -3.10% 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¥7.51 by its total outstanding shares 439935000 (439.94 Million). Also see 002451 total assets for a full breakdown of the balance sheet.
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 $924.10 Million to $483.47 Million (-4.68% CAGR). Also see 002451 cash flow conversion for how efficiently the company converts equity into cash flow.
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. Check 002451 stock price and chart for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.41x
Shanghai Morn Electric Equipment Co Ltd's market cap is 0.41 times its annual revenue
Latest Price to Earnings (P/E) Ratio
61.63x
Shanghai Morn Electric Equipment Co Ltd's market cap is 61.63 times its annual earnings
What 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 |
|---|---|---|---|---|---|
| 2016 | $1.01 Billion | $500.81 Million | $8.70 Million | 2.02x | 116.29x |
| 2017 | $1.91 Billion | $467.47 Million | $59.23 Million | 4.08x | 32.20x |
| 2018 | $782.14 Million | $585.01 Million | $8.38 Million | 1.34x | 93.30x |
| 2019 | $621.47 Million | $367.02 Million | $36.52 Million | 1.69x | 17.02x |
| 2020 | $455.66 Million | $454.27 Million | $7.46 Million | 1.00x | 61.07x |
| 2021 | $463.37 Million | $1.14 Billion | $12.85 Million | 0.41x | 36.06x |
| 2022 | $370.83 Million | $1.08 Billion | $14.67 Million | 0.34x | 25.28x |
| 2023 | $448.59 Million | $1.09 Billion | $16.16 Million | 0.41x | 27.75x |
| 2024 | $404.28 Million | $1.34 Billion | $17.87 Million | 0.30x | 22.62x |
| 2025 | $652.13 Million | $1.58 Billion | $10.58 Million | 0.41x | 61.63x |
Competitor Companies of 002451 by Market Capitalization
Companies near Shanghai Morn Electric Equipment Co Ltd in the global market cap rankings as of September 17, 2026. Review Shanghai Morn Electric Equipment Co Ltd tangible net worth ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Shanghai Morn Electric Equipment Co Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #102 globally with a market cap of $204.08 Billion USD ( CN¥1.39 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #193 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #291 globally with a market cap of $90.59 Billion USD ( ฿2.91 Trillion THB).
- Vertiv Holdings Co (NYSE:VRT): Ranked #294 globally with a market cap of $90.32 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #102 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $204.08 Billion | CN¥316.36 |
| #193 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF76.68 |
| #291 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $90.59 Billion | ฿233.00 |
| #294 | Vertiv Holdings Co | NYSE:VRT | $90.32 Billion | $234.61 |
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 $924.10 Million to $ 483.47 Million, with a yearly change of -4.68%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥483.47 Million | -25.86% |
| 2025 | CN¥652.13 Million | +61.31% |
| 2024 | CN¥404.28 Million | -9.88% |
| 2023 | CN¥448.59 Million | +20.97% |
| 2022 | CN¥370.83 Million | -19.97% |
| 2021 | CN¥463.37 Million | +1.69% |
| 2020 | CN¥455.66 Million | -26.68% |
| 2019 | CN¥621.47 Million | -20.54% |
| 2018 | CN¥782.14 Million | -58.98% |
| 2017 | CN¥1.91 Billion | +88.42% |
| 2016 | CN¥1.01 Billion | +9.52% |
| 2015 | CN¥924.10 Million | -- |
End of Day Market Cap According to Different Sources
On Sep 16th, 2026 the market cap of Shanghai Morn Electric Equipment Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $483.47 Million USD |
| MoneyControl | $483.47 Million USD |
| MarketWatch | $483.47 Million USD |
| marketcap.company | $483.47 Million USD |
| Reuters | $483.47 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Shanghai Morn Electric Equipment Co Ltd
Shanghai Morn Electric Equipment Co., Ltd., together with its subsidiaries, engages in the research, design, development, production, and sale of cables in China. The company operates in two segments, Cable and Quasi-Financial. It offers power and electrical equipment cables, including aluminum alloy, mineral insulated flexible fire-proof, LV and MV fire-resistant power, ceramic high-temperature … Read more