002451.SZ
Price:
$10.07
Market Cap:
$4.44B
Shanghai Morn Electric Equipment Co., Ltd. designs, produces, and sells power and electrical equipment cables. The company provides aluminum alloy, mineral insulated flexible fire-proof, LV and MV fire-resistant power, ceramic high-temperature fire-resistant, metal flexible pipe equipment, frequency converter, shielding and chemical resistance, encoder, oil resistant corrosion split-phase comprehensive sheath, high and low temperature resistant, and other cables. It offers its products to metallurgy, petrochemical industry, electricity, transportation, and city construction fields under the Morn brand. The company also exports its products to Europe, Africa, the Middle East, and South East m...[Read more]
Industry
Electrical Equipment & Parts
IPO Date
2010-07-20
Stock Exchange
SHZ
Ticker
002451.SZ
According to Shanghai Morn Electric Equipment Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.37. This represents a change of 2.02% compared to the average of 1.35 of the last 4 quarters.
The mean historical Current Ratio of Shanghai Morn Electric Equipment Co., Ltd. over the last ten years is 1.22. The current 1.37 Current Ratio has changed 11.14% with respect to the historical average. Over the past ten years (40 quarters), 002451.SZ's Current Ratio was at its highest in in the September 2023 quarter at 1.90. The Current Ratio was at its lowest in in the June 2016 quarter at 0.66.
Average
1.22
Median
1.22
Minimum
0.70
Maximum
1.81
Discovering the peaks and valleys of Shanghai Morn Electric Equipment Co., Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 43.03%
Maximum Annual Current Ratio = 1.81
Minimum Annual Increase = -26.02%
Minimum Annual Current Ratio = 0.70
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.34 | -26.02% |
| 2023 | 1.81 | 6.69% |
| 2022 | 1.70 | 0.67% |
| 2021 | 1.69 | 31.22% |
| 2020 | 1.29 | 12.23% |
| 2019 | 1.15 | 12.69% |
| 2018 | 1.02 | 43.03% |
| 2017 | 0.71 | 1.98% |
| 2016 | 0.70 | -12.63% |
| 2015 | 0.80 | -2.07% |
The current Current Ratio of Shanghai Morn Electric Equipment Co., Ltd. (002451.SZ) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
1.62
5-year avg
1.57
10-year avg
1.22
Shanghai Morn Electric Equipment Co., Ltd.’s Current Ratio is less than Zhejiang Viewshine Intelligent Meter Co.,Ltd (1.66), less than Fuda Alloy Materials Co.,Ltd (1.70), less than Sunyes Manufacturing (Zhejiang) Holding Co., Ltd. (1.37), greater than Zhejiang Chenfeng Technology Co., Ltd. (0.76), less than Chang Lan Electric Technology Co.,Ltd. (3.05), greater than Shenzhen Increase Technology Co., Ltd. (1.21), less than Beijing Yupont Electric Power Technology Co., Ltd. (2.09), less than Guizhou Taiyong-Changzheng Technology Co.,Ltd. (2.13), less than Changzhou Zhongying Science & Technology Co., Ltd (7.09), less than Lihe Technology (Hunan) Co., Ltd. (5.40),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.66 | $2.91B | |
| 1.70 | $2.55B | |
| 1.37 | $2.85B | |
| 0.76 | $3.46B | |
| 3.05 | $3.42B | |
| 1.21 | $2.69B | |
| 2.09 | $2.80B | |
| 2.13 | $4.42B | |
| 7.09 | $2.70B | |
| 5.40 | $2.55B |
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