Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
1,570.63
1,340.79
1,084.41
1,075.49
1,140.88
453.43
365.95
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
1,570.63
1,340.79
1,084.41
1,075.49
1,140.88
453.43
365.95
Raw Material Cost
1,440.77
1,229.64
970.48
949.31
1,022.56
388.99
309.84
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
56.06
0.00
58.85
38.01
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
28.61
22.30
25.82
24.58
18.55
13.89
18.76
Selling and Distribution Expenses
42.99
49.60
51.85
55.07
59.18
44.66
55.59
Other Expenses
1.73
-3.72
0.81
-5.09
-2.22
-0.21
-1.05
Total Expenditure (Excl Depreciation)
1,529.63
1,320.36
1,056.25
1,036.88
1,116.07
445.40
373.73
Operating Profit (PBDIT) excl Other Income
41
20.4
28.2
38.6
24.8
8
-7.800000000000001
Other Income
5.50
12.02
14.75
9.86
9.14
17.47
75.78
Operating Profit (PBDIT)
98.34
85.69
86.38
87.44
73.69
71.04
105.24
Interest
28.61
22.30
25.82
24.58
18.55
13.89
18.76
Exceptional Items
-0.12
2.70
0.13
-0.06
-0.67
-0.77
0.00
Gross Profit (PBDT)
129.86
111.15
113.93
126.18
118.31
64.44
56.11
Depreciation
41.91
44.71
39.71
38.98
39.74
45.25
36.87
Profit Before Tax
27.71
21.38
20.99
23.82
14.72
11.13
49.61
Tax
2.14
-0.89
1.42
5.83
-1.06
2.99
12.49
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
10.58
17.87
16.16
14.67
12.85
7.46
36.52
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
10.58
17.87
16.16
14.67
12.85
7.46
36.52
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
15.26
3.54
1.89
2.81
2.52
0.02
0.05
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
25.84
21.41
18.06
17.48
15.37
7.49
36.58
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
1.0
1.0
1.0
1.0
1.0
1.0
1.0
Reserves
773.19
764.95
755.45
747.31
744.57
704.86
697.40
Earnings per share (EPS)
0.02
0.04
0.04
0.03
0.03
0.02
0.08
Diluted Earnings per share
0.02
0.04
0.04
0.03
0.03
0.02
0.08
Operating Profit Margin (Excl OI)
3.24%
2.16%
2.94%
3.59%
2.17%
1.84%
-2.02%
Gross Profit Margin
4.43%
4.93%
5.6%
5.84%
4.77%
12.43%
23.63%
PAT Margin
0.67%
1.33%
1.49%
1.36%
1.13%
1.65%
9.98%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2025 is 17.14% vs 23.64% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is 20.56% vs 18.23% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is 25.92% vs 2.93% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is 28.25% vs -13.57% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has improved from Dec 2024
Compare Annual Results Of Shanghai Morn Electric Equipment Co., Ltd. With
Figures in Million
Consolidate Annual Results
Change(CNY)
Change(%)
Net Sales
1,570.63
0
1,570.63
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,570.63
0
1,570.63
Raw Material Cost
1,440.77
0
1,440.77
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
0
0.00
Power Cost
0
0
0.00
Manufacturing Expenses
28.61
0
28.61
Selling and Distribution Expenses
42.99
0
42.99
Other Expenses
1.73
0.00
1.73
Total Expenditure (Excl Depreciation)
1,529.63
0
1,529.63
Operating Profit (PBDIT) excl Other Income
41.00
0.00
41.00
Other Income
5.50
0
5.50
Operating Profit (PBDIT)
98.34
0
98.34
Interest
28.61
0
28.61
Exceptional Items
-0.12
0
-0.12
Gross Profit (PBDT)
129.86
0
129.86
Depreciation
41.91
0
41.91
Profit Before Tax
27.71
0
27.71
Tax
2.14
0
2.14
Provisions and contingencies
0
0
0.00
Profit After Tax
10.58
0
10.58
Extraordinary Items
0.00
0
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
10.58
0
10.58
Share in Profit of Associates
0
0
0.00
Minority Interest
15.26
0
15.26
Other related items
0.00
0.00
0.00
Consolidated Net Profit
25.84
0
25.84
Equity Capital
0
0
0.00
Face Value
1.00
0
0.00
Reserves
773.19
0
773.19
Earnings per share (EPS)
0.02
0
0.02
Diluted Earnings per share
0.02
0
0.02
Operating Profit Margin (Excl OI)
3.24%
0%
0.00
3.24%
Gross Profit Margin
4.43%
0%
0.00
4.43%
PAT Margin
0.67%
0%
0.00
0.67%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 157.06 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 17.14% vs 23.64% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 2.58 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 20.56% vs 18.23% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 9.28 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 25.92% vs 2.93% in Dec 2024
Annual - Interest
Interest 2.86 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 28.25% vs -13.57% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 3.24%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has improved from Dec 2024






