Shanghai Morn Electric Equipment Co Ltd (002451) - Total Assets

Latest as of June 2026: CN¥2.09 Billion CNY ≈ $306.16 Million USD

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.

Shanghai Morn Electric Equipment Co Ltd - Total Assets Trend (2007–2025)

This chart illustrates how Shanghai Morn Electric Equipment Co Ltd's total assets have evolved over time, based on quarterly financial data. Also see Shanghai Morn Electric Equipment Co Ltd stock valuation for the company's overall valuation and market capitalisation.

Shanghai Morn Electric Equipment Co Ltd - Asset Composition Analysis

Current Asset Composition (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. Review Shanghai Morn Electric Equipment Co Ltd debt and liabilities to assess the company's total debt and financial obligations.

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. See Shanghai Morn Electric Equipment Co Ltd stock price for real-time trading data and today's change.

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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
Wolong Electric Group Co Ltd SHG:600580	China	CN¥25.42 Billion
Warom Technology Inc Co SHG:603855	China	CN¥4.87 Billion
Leedarson IoT Technology Inc SHG:605365	China	CN¥6.50 Billion
Ls Cable & System Asia Ltd KO:229640	Korea	₩576.45 Billion
Xinya Electronic Co Ltd SHG:605277	China	CN¥3.47 Billion
Sichuan Huati Lighting Tech SHG:603679	China	CN¥1.48 Billion
Zhejiang Yonggui Electric Equipment Co Ltd SHE:300351	China	CN¥4.77 Billion
Dongnan Electronics Co. Ltd. A SHE:301359	China	CN¥953.64 Million

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	0.24
Asset Growth Rate (YoY)	18.3%
Total Assets	CN¥2.05 Billion
Market Capitalization	$483.47 Million USD

Valuation Analysis

Below Book Valuation: The market values Shanghai Morn Electric Equipment Co Ltd's assets below their book value (0.24x), 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	--

About Shanghai Morn Electric Equipment Co Ltd

SHE:002451 China Electrical Equipment & Parts

Market Cap

$483.47 Million

CN¥3.30 Billion CNY

Market Cap Rank

#12446 Global

#3608 in China

Share Price

CN¥7.51

Change (1 day)

-4.57%

52-Week Range

CN¥6.20 - CN¥15.19

All Time High

CN¥32.94