Shenzhen Megmeet Electrical Co Ltd (002851) - Total Assets
Based on the latest financial reports, Shenzhen Megmeet Electrical Co Ltd (002851) holds total assets worth CN¥16.60 Billion CNY (≈ $2.43 Billion USD) as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Shenzhen Megmeet Electrical Co Ltd - Total Assets Trend (2009–2025)
This chart illustrates how Shenzhen Megmeet Electrical Co Ltd's total assets have evolved over time, based on quarterly financial data. Also see 002851 stock market capitalisation for the company's overall valuation and market capitalisation.
Shenzhen Megmeet Electrical Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Shenzhen Megmeet Electrical Co Ltd's total assets of CN¥16.60 Billion consist of 60.9% current assets and 39.1% non-current assets. Review total liabilities of Shenzhen Megmeet Electrical Co Ltd to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.2% |
| Accounts Receivable | CN¥2.91 Billion | 21.5% |
| Inventory | CN¥2.77 Billion | 20.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥314.95 Million | 2.3% |
| Goodwill | CN¥37.48 Million | 0.3% |
Asset Composition Trend (2009–2025)
This chart illustrates how Shenzhen Megmeet Electrical Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See current stock price of Shenzhen Megmeet Electrical Co Ltd for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shenzhen Megmeet Electrical Co Ltd's current assets represent 60.9% of total assets in 2025, a decrease from 84.4% in 2009.
- Cash Position: Cash and equivalents constituted 6.2% of total assets in 2025, down from 23.5% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 21.5% of total assets.
Shenzhen Megmeet Electrical Co Ltd Competitors by Total Assets
Key competitors of Shenzhen Megmeet Electrical Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wolong Electric Group Co Ltd
SHG:600580
|
China | CN¥25.42 Billion |
|
Warom Technology Inc Co
SHG:603855
|
China | CN¥4.87 Billion |
|
Leedarson IoT Technology Inc
SHG:605365
|
China | CN¥6.50 Billion |
|
Ls Cable & System Asia Ltd
KO:229640
|
Korea | ₩576.45 Billion |
|
Xinya Electronic Co Ltd
SHG:605277
|
China | CN¥3.47 Billion |
|
Sichuan Huati Lighting Tech
SHG:603679
|
China | CN¥1.48 Billion |
|
Zhejiang Yonggui Electric Equipment Co Ltd
SHE:300351
|
China | CN¥4.77 Billion |
|
Dongnan Electronics Co. Ltd. A
SHE:301359
|
China | CN¥953.64 Million |
Shenzhen Megmeet Electrical Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.51 | 1.34 | 1.67 |
| Quick Ratio | 1.00 | 0.89 | 1.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.61 Billion | CN¥1.93 Billion | CN¥1.64 Billion |
Shenzhen Megmeet Electrical Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shenzhen Megmeet Electrical Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 8.18 |
| Latest Market Cap to Assets Ratio | 0.75 |
| Asset Growth Rate (YoY) | 13.0% |
| Total Assets | CN¥13.55 Billion |
| Market Capitalization | $10.16 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Shenzhen Megmeet Electrical Co Ltd's assets below their book value (0.75x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Shenzhen Megmeet Electrical Co Ltd's assets grew by 13.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Shenzhen Megmeet Electrical Co Ltd (2009–2025)
The table below shows the annual total assets of Shenzhen Megmeet Electrical Co Ltd from 2009 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥13.55 Billion ≈ $1.98 Billion |
+13.01% |
| 2024-12-31 | CN¥11.99 Billion ≈ $1.75 Billion |
+18.51% |
| 2023-12-31 | CN¥10.11 Billion ≈ $1.48 Billion |
+19.48% |
| 2022-12-31 | CN¥8.46 Billion ≈ $1.24 Billion |
+36.24% |
| 2021-12-31 | CN¥6.21 Billion ≈ $909.15 Million |
+18.57% |
| 2020-12-31 | CN¥5.24 Billion ≈ $766.77 Million |
+32.73% |
| 2019-12-31 | CN¥3.95 Billion ≈ $577.68 Million |
+23.06% |
| 2018-12-31 | CN¥3.21 Billion ≈ $469.44 Million |
+39.42% |
| 2017-12-31 | CN¥2.30 Billion ≈ $336.71 Million |
+59.56% |
| 2016-12-31 | CN¥1.44 Billion ≈ $211.03 Million |
+27.64% |
| 2015-12-31 | CN¥1.13 Billion ≈ $165.33 Million |
+23.73% |
| 2014-12-31 | CN¥913.16 Million ≈ $133.62 Million |
+0.97% |
| 2013-12-31 | CN¥904.35 Million ≈ $132.34 Million |
+5.74% |
| 2012-12-31 | CN¥855.25 Million ≈ $125.15 Million |
+16.99% |
| 2011-12-31 | CN¥731.01 Million ≈ $106.97 Million |
+41.54% |
| 2010-12-31 | CN¥516.46 Million ≈ $75.57 Million |
+42.14% |
| 2009-12-31 | CN¥363.34 Million ≈ $53.17 Million |
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About Shenzhen Megmeet Electrical Co Ltd
Shenzhen Megmeet Electrical Co., LTD operates as an electrical automation company in China. The company offers power solutions, including datacenter, enclosed, display, telecom, high-voltage microwave, and electric and laser power supply solutions; industrial automation products comprising AC drive, servo and control systems, industry-specific products, encoder, internal gear pumps, and Mlink IoT… Read more