002451 Shanghai Morn Electric Equipment
- 5.65
- +0.10+1.80%
Shanghai Morn Electric Equipment News
Moen Electric (002451.SZ): Proposed establishment of overseas subsidiaries Moen Singapore and Moen Cable Singapore
Glonghui, May 27丨Moen Electric (002451.SZ) announced that the company held the 6th meeting of the 6th board of directors on May 24, 2024 to review and pass the “Proposal on Investment and Establishment of Overseas Subsidiaries”. According to the company's business development plan, in order to deepen the strategic layout of international development, maintain and expand the company's overseas business, and enhance the company's overall operation management efficiency and market competitiveness, the company plans to establish two wholly-owned subsidiaries, Moen (Singapore) Ltd. (hereinafter referred to as “Moen Singapore”, tentative name) and Moen Cable (Singapore) has
Moen Electric (002451.SZ) 2023 equity distribution: 0.10 yuan for every 10 shares, share registration on May 13
According to the Zhitong Finance App, Moen Electric (002451.SZ) issued the 2023 equity distribution implementation notice, distributing RMB 0.10 in cash to all shareholders for every 10 shares based on the company's current total share capital. The share registration date for this equity distribution is: May 13, 2024, and the ex-dividend date is May 14, 2024.
Moen Electric (002451.SZ): Net profit of 4.2406 million yuan in the first quarter decreased by 34.96% year-on-year
Gelonghui, April 29丨Moen Electric (002451.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was 235 million yuan, down 5.74% year on year; net profit attributable to shareholders of listed companies was 4.2406 million yuan, down 34.96% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 801,700 yuan; basic earnings per share.
We Think You Should Be Aware Of Some Concerning Factors In Shanghai Morn Electric Equipment's (SZSE:002451) Earnings
Shanghai Morn Electric Equipment Co., Ltd.'s (SZSE:002451) robust recent earnings didn't do much to move the stock. We believe that shareholders have noticed some concerning factors beyond the statut
Moen Electric (002451.SZ): The charging pile cable produced can be applied to 800V charging piles
Gelonghui, April 2 | Moen Electric (002451.SZ) said on the investor interactive platform that the charging pile cable produced by the company can be used for 800V charging piles.
Moen Electric (002451.SZ): As of March 20, 2024, the number of registered shareholders of the company was 3,9962
Gelonghui March 26 | Moen Electric (002451.SZ) said on the investor interactive platform that as of March 20, 2024, the number of registered shareholders of the company (including credit account mergers) was 39,962.
Moen Electric (002451.SZ): Net profit for 2023 increased 10.20% to 16.162,800 yuan, and plans to pay 10 to 0.1 yuan
Gelonghui March 25 | Moen Electric (002451.SZ) announced its 2023 annual report. In 2023, the company achieved operating income of 1,089 billion yuan, up 0.94% year on year; net profit attributable to shareholders of listed companies was 16.1628 million yuan, up 10.20% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 3.3429 million yuan, down 42.55% year on year; basic income per share was 0.04 yuan; it plans to distribute a cash dividend of 0.1 yuan (tax included) to all shareholders for every 10 shares.
Moen Electric (002451.SZ): Rongscreen Information's holdings have not been reduced at the end of the reduction period
Gelonghui, March 12 | Moen Electric (002451.SZ) announced that recently, the company received a “Notice Letter on the Expiration of the Share Reduction Plan” issued by shareholder Rongping Information. As of the date of disclosure of the announcement, the current holdings reduction plan period had expired. During the current holdings reduction plan period, Rongping Information did not reduce its holdings of the company's shares.
Moen Electric (002451.SZ): The main business is cable business and electromagnetic wire business, not involving power grid equipment
Gelonghui March 11 | Moen Electric (002451.SZ) said on the investor interactive platform that the company's main business is cable business and electromagnetic wire business, and does not involve power grid equipment.
Moen Electric (002451.SZ) and Moen New Energy passed the high-tech enterprise certification
Gelonghui March 5 | Moen Electric (002451.SZ) announced that the company and its holding subsidiary Moen New Energy Systems (Jiangsu) Co., Ltd. (“Moen New Energy”) passed the high-tech enterprise certification in 2023, and recently received the “High-tech Enterprise Certificate” jointly issued by the Shanghai Municipal Science and Technology Commission, the Shanghai Municipal Administration of Taxation, the Jiangsu Provincial Department of Finance, and the Jiangsu Provincial Taxation Bureau.
The Five-year Loss for Shanghai Morn Electric Equipment (SZSE:002451) Shareholders Likely Driven by Its Shrinking Earnings
It's nice to see the Shanghai Morn Electric Equipment Co., Ltd. (SZSE:002451) share price up 18% in a week. But that can't change the reality that over the longer term (five years), the returns hav
Estimating The Intrinsic Value Of Shanghai Morn Electric Equipment Co., Ltd. (SZSE:002451)
Key Insights Shanghai Morn Electric Equipment's estimated fair value is CN¥5.71 based on 2 Stage Free Cash Flow to Equity With CN¥5.61 share price, Shanghai Morn Electric Equipment appears to be tra
Investors Give Shanghai Morn Electric Equipment Co., Ltd. (SZSE:002451) Shares A 26% Hiding
Shanghai Morn Electric Equipment Co., Ltd. (SZSE:002451) shareholders won't be pleased to see that the share price has had a very rough month, dropping 26% and undoing the prior period's positive perf
Moen Electric (002451.SZ): No cooperation with new energy vehicle companies
Greenway, December 25丨Moen Electric (002451.SZ) stated on the investor interactive platform that the company has not cooperated with new energy vehicle companies, and if there are other major circumstances, the company will fulfill its obligation to disclose information according to law and regulations.
Shanghai Morn Electric Equipment Co., Ltd. (SZSE:002451) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Shanghai Morn Electric Equipment's (SZSE:002451) stock is up by a considerable 31% over the past three months. However, we decided to pay attention to the company's fundamentals which don't appear t
[Instant Analysis of BT Financial Report] Moen Electric 2023 Third Quarter Report: Operating income increased slightly, net profit declined slightly, and cash flow improved significantly
Announcement time of this financial report: 2023-10-23 19:40:51 Moen Electric (stock code: 002451) is a leading enterprise focusing on electrical equipment manufacturing. Its products cover fields such as power transmission and distribution equipment, industrial automation equipment, and energy management systems. The company has won the market with high-quality products and excellent technical services, and its products are exported to many countries and regions around the world. In terms of assets and liabilities, Moen Electric's total assets at the end of the third quarter of 2023 were 1,649 billion yuan, a slight increase from 1,644 billion yuan at the end of the previous year. Total debt was $799 million, compared to the previous year
Moen Electric (002451.SZ): Plans to relinquish priority purchase rights for 49% of Moen New Energy's share transfer
Glonghui, October 23, 丨 Moen Electric (002451.SZ) announced that on October 20, 2023, the company held the third meeting of the 6th board of directors to deliberate and pass the “Proposal on Abandoning Priority Purchase Rights for Minority Shares Transfer of Holding Subsidiaries and Joint Investment with Related Parties”. The company plans to relinquish priority purchase rights for 49% of the shares transferred by the holding subsidiary Moen New Energy Systems (Jiangsu) Co., Ltd. (hereinafter referred to as “Moen New Energy”). Moen Holding Group Co., Ltd. (hereinafter referred to as “Moen Holdings”) plans to hold 49% of Moen New Energy's shares in response to business development needs
Moen Electric (002451.SZ): The holding subsidiary plans to purchase commercial real estate for its daily office, employee accommodation and business reception
GLONGHUI, October 23 | Moen Electric (002451.SZ) announced that Moen New Energy, a holding subsidiary, intends to purchase Moen Holding Group Co., Ltd.'s commercial real estate located at No. 1 Huaijiang Avenue, Baoying County, Yangzhou City, Jiangsu Province, to be used for its daily office, employee accommodation and business reception. The transaction price was determined to be 46 million yuan. Moen Holdings is an enterprise actually controlled by Mr. Zehong, the controlling shareholder and actual controller of the company. Although this transaction constitutes a related transaction, it does not constitute a major asset restructuring as stipulated in the “Administrative Measures on Major Asset Restructuring of Listed Companies”, nor does it constitute a restructuring and listing. There is no need to go through any major asset restructuring or listing
Moen Electric (002451.SZ) released third-quarter results, net profit of 3.923,200 yuan, a year-on-year decrease of 28.54%
Moen Electric (002451.SZ) released its report for the third quarter of 2023, and the company's revenue was 256 million yuan...
Revenues Tell The Story For Shanghai Morn Electric Equipment Co., Ltd. (SZSE:002451) As Its Stock Soars 27%
Despite an already strong run, Shanghai Morn Electric Equipment Co., Ltd. (SZSE:002451) shares have been powering on, with a gain of 27% in the last thirty days. Taking a wider view, although not a
Analysis
Price Target
No Data
