Shanghai Morn Electric Equipment Co., Ltd.

Shanghai Morn Electric Equipment Co., Ltd.verified

002451.SZ

Price:

$6.65

Market Cap:

$2.92B

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

The ROE as of May 2025 (TTM) for Shanghai Morn Electric Equipment Co., Ltd. (002451.SZ) is 2.21%

According to Shanghai Morn Electric Equipment Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is 2.21%. This represents a change of 299.95% compared to the average of 0.55% of the last 4 quarters.

Shanghai Morn Electric Equipment Co., Ltd. (002451.SZ) Historical ROE (quarterly & annually)

How has 002451.SZ ROE performed in the past?

The mean historical ROE of Shanghai Morn Electric Equipment Co., Ltd. over the last ten years is 2.82%. The current 2.21% ROE has changed -21.86% with respect to the historical average. Over the past ten years (40 quarters), 002451.SZ's ROE was at its highest in in the March 2019 quarter at 7.98%. The ROE was at its lowest in in the June 2019 quarter at -1.52%.

Quarterly (TTM)
Annual

Average

2.82%

Median

2.05%

Minimum

1.06%

Maximum

9.08%

Shanghai Morn Electric Equipment Co., Ltd. (002451.SZ) ROE by Quarter and Year

Discovering the peaks and valleys of Shanghai Morn Electric Equipment Co., Ltd. ROE, 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 = 598.98%

Maximum Annual ROE = 9.08%

Minimum Annual Increase = -86.02%

Minimum Annual ROE = 1.06%

Quarterly (TTM)
Annual
YearROEChange
20242.34%9.20%
20232.14%9.01%
20221.96%13.73%
20211.73%63.02%
20201.06%-79.79%
20195.24%312.86%
20181.27%-86.02%
20179.08%598.98%
20161.30%-39.47%
20152.15%-46.09%

Shanghai Morn Electric Equipment Co., Ltd. (002451.SZ) Average ROE

How has 002451.SZ ROE performed in the past?

The current ROE of Shanghai Morn Electric Equipment Co., Ltd. (002451.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.15%

5-year avg

1.84%

10-year avg

2.82%

Shanghai Morn Electric Equipment Co., Ltd. (002451.SZ) ROE vs. Peers

How is 002451.SZ’s ROE compared to its peers?

Shanghai Morn Electric Equipment Co., Ltd.’s ROE is greater than Jiangsu Zhongchao Holding Co., Ltd. (-0.91%), less than Zhongyeda Electric Co., Ltd. (2.90%), greater than Changjiang Runfa Health Industry Co., Ltd. (-20.18%), less than Changgao Electric Group Co., Ltd. (10.82%), less than Jiangsu Shentong Valve Co., Ltd. (8.66%),

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