Shanghai Morn Electric Equipment Co., Ltd. (SHE:002451)
China
· Delayed Price · Currency is CNY 11.41
-0.16 (-1.38%)
At close: Mar 10, 2026
SHE:002451 Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Jan '23 Jan 1, 2023 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Operating Revenue | 1,509 | 1,238 | 1,062 | 1,051 | 1,131 | 440.84 | Upgrade
|
| Other Revenue | 105.96 | 105.96 | 26.16 | 27.06 | 10.99 | 13.43 | Upgrade
|
| Revenue | 1,615 | 1,344 | 1,089 | 1,078 | 1,142 | 454.27 | Upgrade
|
| Revenue Growth (YoY) | 30.61% | 23.50% | 0.94% | -5.59% | 151.46% | 23.77% | Upgrade
|
| Cost of Revenue | 1,475 | 1,228 | 963.11 | 942.54 | 1,015 | 379.23 | Upgrade
|
| Gross Profit | 139.95 | 116.83 | 125.48 | 135.94 | 127.6 | 75.04 | Upgrade
|
| Selling, General & Admin | 46.14 | 48.17 | 53.3 | 46.2 | 56.63 | 49.2 | Upgrade
|
| Research & Development | 53.9 | 42.34 | 34.8 | 33.27 | 34.41 | 11.76 | Upgrade
|
| Other Operating Expenses | -0.74 | -10.89 | 0.28 | 3 | 1.39 | 0.84 | Upgrade
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| Operating Expenses | 96.23 | 84.14 | 96.64 | 90.83 | 99.52 | 65.28 | Upgrade
|
| Operating Income | 43.71 | 32.69 | 28.84 | 45.12 | 28.08 | 9.76 | Upgrade
|
| Interest Expense | -25.65 | -21.42 | -23.75 | -23.72 | -17.26 | -13.37 | Upgrade
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| Interest & Investment Income | 2.63 | 4.28 | 3.41 | 3.68 | 4.57 | 12.23 | Upgrade
|
| Currency Exchange Gain (Loss) | 0.34 | 0.34 | 0.02 | 0.01 | -0.04 | -0.03 | Upgrade
|
| Other Non Operating Income (Expenses) | -8.85 | -4.4 | 1.28 | -7.11 | -4.54 | -2.88 | Upgrade
|
| EBT Excluding Unusual Items | 12.18 | 11.48 | 9.79 | 17.97 | 10.82 | 5.72 | Upgrade
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| Gain (Loss) on Sale of Investments | - | 0.29 | - | - | -0.61 | 0.04 | Upgrade
|
| Gain (Loss) on Sale of Assets | 0.59 | - | 0.58 | - | - | -0.04 | Upgrade
|
| Asset Writedown | 5.66 | - | -0.01 | -0 | -0 | - | Upgrade
|
| Other Unusual Items | 10.47 | 8.74 | 9.12 | 5.34 | 4.1 | 4.75 | Upgrade
|
| Pretax Income | 28.91 | 20.52 | 19.48 | 23.31 | 14.31 | 10.47 | Upgrade
|
| Income Tax Expense | 1.44 | -0.89 | 1.42 | 5.83 | -1.06 | 2.99 | Upgrade
|
| Earnings From Continuing Operations | 27.46 | 21.41 | 18.06 | 17.48 | 15.37 | 7.49 | Upgrade
|
| Minority Interest in Earnings | -14.29 | -3.54 | -1.89 | -2.81 | -2.52 | -0.02 | Upgrade
|
| Net Income | 13.17 | 17.87 | 16.16 | 14.67 | 12.85 | 7.46 | Upgrade
|
| Net Income to Common | 13.17 | 17.87 | 16.16 | 14.67 | 12.85 | 7.46 | Upgrade
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| Net Income Growth | -28.05% | 10.57% | 10.20% | 14.15% | 72.21% | -79.57% | Upgrade
|
| Shares Outstanding (Basic) | 448 | 447 | 404 | 489 | 428 | 373 | Upgrade
|
| Shares Outstanding (Diluted) | 448 | 447 | 404 | 489 | 428 | 373 | Upgrade
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| Shares Change (YoY) | 11.03% | 10.57% | -17.35% | 14.15% | 14.80% | -18.29% | Upgrade
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| EPS (Basic) | 0.03 | 0.04 | 0.04 | 0.03 | 0.03 | 0.02 | Upgrade
|
| EPS (Diluted) | 0.03 | 0.04 | 0.04 | 0.03 | 0.03 | 0.02 | Upgrade
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| EPS Growth | -35.20% | - | 33.33% | - | 50.00% | -75.00% | Upgrade
|
| Free Cash Flow | -174.39 | -74.4 | 110.38 | -123.62 | -419.85 | -42.24 | Upgrade
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| Free Cash Flow Per Share | -0.39 | -0.17 | 0.27 | -0.25 | -0.98 | -0.11 | Upgrade
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| Dividend Per Share | 0.010 | 0.010 | 0.010 | - | - | - | Upgrade
|
| Gross Margin | 8.66% | 8.69% | 11.53% | 12.61% | 11.17% | 16.52% | Upgrade
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| Operating Margin | 2.71% | 2.43% | 2.65% | 4.18% | 2.46% | 2.15% | Upgrade
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| Profit Margin | 0.81% | 1.33% | 1.49% | 1.36% | 1.13% | 1.64% | Upgrade
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| Free Cash Flow Margin | -10.80% | -5.53% | 10.14% | -11.46% | -36.75% | -9.30% | Upgrade
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| EBITDA | 88.89 | 74.82 | 66.9 | 82.35 | 66.29 | 51.07 | Upgrade
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| EBITDA Margin | 5.50% | 5.56% | 6.14% | 7.64% | 5.80% | 11.24% | Upgrade
|
| D&A For EBITDA | 45.18 | 42.13 | 38.05 | 37.24 | 38.21 | 41.31 | Upgrade
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| EBIT | 43.71 | 32.69 | 28.84 | 45.12 | 28.08 | 9.76 | Upgrade
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| EBIT Margin | 2.71% | 2.43% | 2.65% | 4.18% | 2.46% | 2.15% | Upgrade
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| Effective Tax Rate | 5.00% | - | 7.31% | 25.02% | - | 28.53% | Upgrade
|
| Revenue as Reported | 1,615 | 1,344 | 1,089 | 1,078 | 1,142 | 454.27 | Upgrade
|
| Advertising Expenses | - | - | - | - | - | 0.02 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.