Shanghai Morn Electric Equipment Co Ltd (002451) - Total Assets
Based on the latest financial reports, Shanghai Morn Electric Equipment Co Ltd (002451) holds total assets worth CN¥2.06 Billion CNY (≈ $301.42 Million USD) as of September 2025. 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. See Shanghai Morn Electric Equipment Co Ltd (002451) net assets for net asset value and shareholders' equity analysis.
Shanghai Morn Electric Equipment Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Shanghai Morn Electric Equipment Co Ltd's total assets have evolved over time, based on quarterly financial data.
Shanghai Morn Electric Equipment Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shanghai Morn Electric Equipment Co Ltd's total assets of CN¥2.06 Billion consist of 62.5% current assets and 37.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.5% |
| Accounts Receivable | CN¥655.22 Million | 37.8% |
| Inventory | CN¥166.01 Million | 9.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥34.22 Million | 2.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2007–2024)
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. For live market cap, price, and company overview, see market cap of Shanghai Morn Electric Equipment Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shanghai Morn Electric Equipment Co Ltd's current assets represent 62.5% of total assets in 2024, a decrease from 63.7% in 2007.
- Cash Position: Cash and equivalents constituted 7.5% of total assets in 2024, 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 37.8% 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 |
|---|---|---|
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
|
Ecopro BM. Co. Ltd
KQ:247540
|
Korea | ₩4.62 Trillion |
|
Hongfa Technology Co Ltd
SHG:600885
|
China | CN¥21.89 Billion |
|
Nantong Haixing Electronics Co Ltd
SHG:603115
|
China | CN¥3.02 Billion |
|
Zhejiang Wanma Co Ltd
SHE:002276
|
China | CN¥16.57 Billion |
|
Sinomag Technology Co Ltd
SHE:300835
|
China | CN¥2.38 Billion |
|
Dongguan Aohai Technology Co
SHE:002993
|
China | CN¥9.32 Billion |
|
HEG Limited
NSE:HEG
|
India | Rs59.41 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 | 1.37 | 1.38 | 1.29 |
| Quick Ratio | 1.19 | 1.15 | 1.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥379.22 Million | CN¥303.00 Million | CN¥138.27 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 | 5.74 |
| Latest Market Cap to Assets Ratio | 0.35 |
| Asset Growth Rate (YoY) | 5.0% |
| Total Assets | CN¥1.74 Billion |
| Market Capitalization | $614.53 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shanghai Morn Electric Equipment Co Ltd's assets below their book value (0.35x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shanghai Morn Electric Equipment Co Ltd's assets grew by 5.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shanghai Morn Electric Equipment Co Ltd (2007–2024)
The table below shows the annual total assets of Shanghai Morn Electric Equipment Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 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. 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