Shenzhen Megmeet Electrical Co Ltd (002851) - Total Assets

Latest as of March 2026: CN¥15.98 Billion CNY ≈ $2.34 Billion USD

Based on the latest financial reports, Shenzhen Megmeet Electrical Co Ltd (002851) holds total assets worth CN¥15.98 Billion CNY (≈ $2.34 Billion USD) as of March 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. See 002851 total equity for net asset value and shareholders' equity analysis.

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. Check Shenzhen Megmeet Electrical Co Ltd (002851) asset resilience to evaluate the company's liquid asset resilience ratio.

Shenzhen Megmeet Electrical Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2025)

Shenzhen Megmeet Electrical Co Ltd's total assets of CN¥15.98 Billion consist of 60.9% current assets and 39.1% non-current assets.

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. For live market cap, price, and company overview, see Shenzhen Megmeet Electrical Co Ltd market cap and net worth.

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
Bloom Energy Corp
NYSE:BE
USA $4.40 Billion
China XD Electric Co Ltd
SHG:601179
China CN¥48.15 Billion
Fortune Electric Co Ltd
TW:1519
Taiwan NT$28.21 Billion
Suzhou Recodeal Interconnect System Co Ltd
SHG:688800
China CN¥5.92 Billion
Hayward Holdings Inc
NYSE:HAYW
USA $3.14 Billion
Zhuhai CosMX Battery Co Ltd
SHG:688772
China CN¥25.88 Billion
Guangdong Mingyang Electric Co. Ltd. A
SHE:301291
China CN¥9.28 Billion
Nantong Haixing Electronics Co Ltd
SHG:603115
China CN¥3.02 Billion

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 1.56 1.39 1.73
Quick Ratio 1.09 0.94 1.25
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥3.75 Billion CN¥2.06 Billion CN¥1.75 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 7.79
Latest Market Cap to Assets Ratio 0.85
Asset Growth Rate (YoY) 13.0%
Total Assets CN¥13.55 Billion
Market Capitalization $11.56 Billion USD

Valuation Analysis

Near Book Valuation: The market values Shenzhen Megmeet Electrical Co Ltd's assets close to their book value (0.85x), suggesting investors view the company's assets at approximately fair value.

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
$11.56 Billion
CN¥79.02 Billion CNY
Market Cap Rank
#2030 Global
#227 in China
Share Price
CN¥135.86
Change (1 day)
-1.54%
52-Week Range
CN¥43.00 - CN¥139.18
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