Shenzhen Megmeet Electrical Co Ltd (002851) - Total Assets

Latest as of June 2026: CN¥16.60 Billion CNY ≈ $2.43 Billion USD

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

SHE:002851 China Electrical Equipment & Parts
Market Cap
$10.16 Billion
CN¥69.46 Billion CNY
Market Cap Rank
#2198 Global
#223 in China
Share Price
CN¥118.73
Change (1 day)
-0.57%
52-Week Range
CN¥68.80 - CN¥188.79
All Time High
CN¥964205.69
About

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