Shanghai Morn Electric Equipment Co Ltd Total Assets
Shanghai Morn Electric Equipment Co Ltd total assets. Based on the latest financial reports, Shanghai Morn Electric Equipment Co Ltd (002451) holds total assets worth CN¥2.09 Billion CNY (≈ $306.16 Million USD) as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see 002451 market cap for the company's overall valuation and market capitalisation.
Total Assets of Shanghai Morn Electric Equipment Co Ltd (2007–2025)
Total assets of Shanghai Morn Electric Equipment Co Ltd from 2007 to 2025. This chart illustrates how Shanghai Morn Electric Equipment Co Ltd's total assets have evolved over time, based on quarterly financial data. See Shanghai Morn Electric Equipment Co Ltd (002451) stock price for real-time trading data and today's change.
Shanghai Morn Electric Equipment Co Ltd - Asset Composition Analysis
Shanghai Morn Electric Equipment Co Ltd Total Assets Breakdown (December 2025)
Shanghai Morn Electric Equipment Co Ltd total assets breakdown as of December 2025. Shanghai Morn Electric Equipment Co Ltd's total assets of CN¥2.09 Billion consist of 66.4% current assets and 33.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 15.8% |
| Accounts Receivable | CN¥647.99 Million | 31.6% |
| Inventory | CN¥142.29 Million | 6.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥32.75 Million | 1.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2007–2025)
This chart illustrates how Shanghai Morn Electric Equipment Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore 002451 working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shanghai Morn Electric Equipment Co Ltd's current assets represent 66.4% of total assets in 2025, an increase from 63.7% in 2007.
- Cash Position: Cash and equivalents constituted 15.8% of total assets in 2025, down from 16.5% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 5.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 31.6% of total assets.
Shanghai Morn Electric Equipment Co Ltd Competitors by Total Assets
Key competitors of Shanghai Morn Electric Equipment Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China XD Electric Co Ltd
SHG:601179
|
China | CN¥48.15 Billion |
|
Henan Pinggao Electric Co Ltd
SHG:600312
|
China | CN¥21.63 Billion |
|
Nantong Jianghai Capacitor Co Ltd
SHE:002484
|
China | CN¥8.78 Billion |
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
|
China | CN¥18.96 Billion |
|
Shenglan Technology Co Ltd
SHE:300843
|
China | CN¥3.10 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shenzhen Hello Tech Energy Co. Ltd. A
SHE:301327
|
China | CN¥6.99 Billion |
|
Dianguang Explosion-proof Technology Co Ltd
SHE:002730
|
China | CN¥2.96 Billion |
Shanghai Morn Electric Equipment Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.38 | 1.30 | 1.59 |
| Quick Ratio | 1.20 | 1.11 | 1.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥387.17 Million | CN¥319.39 Million | CN¥308.27 Million |
Shanghai Morn Electric Equipment Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shanghai Morn Electric Equipment Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.71 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 18.3% |
| Total Assets | CN¥2.05 Billion |
| Market Capitalization | $421.66 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shanghai Morn Electric Equipment Co Ltd's assets below their book value (0.21x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Shanghai Morn Electric Equipment Co Ltd's assets grew by 18.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Shanghai Morn Electric Equipment Co Ltd (2007–2025)
The table below shows the annual total assets of Shanghai Morn Electric Equipment Co Ltd from 2007 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.05 Billion ≈ $300.37 Million |
+18.29% |
| 2024-12-31 | CN¥1.74 Billion ≈ $253.93 Million |
+5.04% |
| 2023-12-31 | CN¥1.65 Billion ≈ $241.74 Million |
+0.46% |
| 2022-12-31 | CN¥1.64 Billion ≈ $240.62 Million |
+16.61% |
| 2021-12-31 | CN¥1.41 Billion ≈ $206.35 Million |
+14.89% |
| 2020-12-31 | CN¥1.23 Billion ≈ $179.61 Million |
+1.84% |
| 2019-12-31 | CN¥1.21 Billion ≈ $176.37 Million |
-24.38% |
| 2018-12-31 | CN¥1.59 Billion ≈ $233.22 Million |
-2.29% |
| 2017-12-31 | CN¥1.63 Billion ≈ $238.68 Million |
-7.99% |
| 2016-12-31 | CN¥1.77 Billion ≈ $259.40 Million |
-2.55% |
| 2015-12-31 | CN¥1.82 Billion ≈ $266.19 Million |
+15.11% |
| 2014-12-31 | CN¥1.58 Billion ≈ $231.24 Million |
+28.63% |
| 2013-12-31 | CN¥1.23 Billion ≈ $179.77 Million |
+16.39% |
| 2012-12-31 | CN¥1.06 Billion ≈ $154.46 Million |
+13.90% |
| 2011-12-31 | CN¥926.71 Million ≈ $135.61 Million |
+16.01% |
| 2010-12-31 | CN¥798.80 Million ≈ $116.89 Million |
+97.72% |
| 2009-12-31 | CN¥404.01 Million ≈ $59.12 Million |
+10.19% |
| 2008-12-31 | CN¥366.63 Million ≈ $53.65 Million |
+32.73% |
| 2007-12-31 | CN¥276.23 Million ≈ $40.42 Million |
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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