Shanghai Morn Electric Equipment Co Ltd

SHE:002451 China Electrical Equipment & Parts
Market Cap
$625.82 Million
CN¥4.59 Billion CNY
Market Cap Rank
#11968 Global
#2901 in China
Share Price
CN¥10.42
Change (1 day)
-4.67%
52-Week Range
CN¥5.66 - CN¥15.19
All Time High
CN¥32.94
About

Shanghai Morn Electric Equipment Co., Ltd. designs, produces, and sells cables under the Morn brand in China. The company operates through Electric Cable Sector; and Special Financial segments. It offers power and electrical equipment cables, such as aluminum alloy, mineral insulated flexible fire-proof, LV and MV fire-resistant power, ceramic high-temperature fire-resistant, metal flexible pipe … Read more

Shanghai Morn Electric Equipment Co Ltd (002451) - Total Liabilities

Latest total liabilities as of September 2025: CN¥1.17 Billion CNY

Based on the latest financial reports, Shanghai Morn Electric Equipment Co Ltd (002451) has total liabilities worth CN¥1.17 Billion CNY as of September 2025.

Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.

Shanghai Morn Electric Equipment Co Ltd - Total Liabilities Trend (2007–2024)

This chart illustrates how Shanghai Morn Electric Equipment Co Ltd's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.

Shanghai Morn Electric Equipment Co Ltd Competitors by Total Liabilities

The table below lists competitors of Shanghai Morn Electric Equipment Co Ltd ranked by their total liabilities.

Company Country Total Liabilities
Suzhou Electrical Apparatus Sci
SHE:300215
China CN¥570.56 Million
China Union Holdings Ltd
SHE:000036
China CN¥1.69 Billion
Jinzai Food Group Co Ltd
SHE:003000
China CN¥863.30 Million
PT Bank Aladin Syariah Tbk
PINK:BKALF
USA $7.11 Trillion
Guangdong Ganhua Science & Industry Co Ltd
SHE:000576
China CN¥549.45 Million
Gold Fields Ltd
JSE:GFI
South Africa ZAC4.61 Billion
Aygaz AS
IS:AYGAZ
Turkey TL12.66 Billion
N-Able Inc
NYSE:NABL
USA $584.67 Million

Liability Composition Analysis (2007–2024)

This chart breaks down Shanghai Morn Electric Equipment Co Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio 1.37 Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio N/A More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio N/A Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity 1.51 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.57 Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Shanghai Morn Electric Equipment Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Shanghai Morn Electric Equipment Co Ltd (2007–2024)

The table below shows the annual total liabilities of Shanghai Morn Electric Equipment Co Ltd from 2007 to 2024.

Year Total Liabilities Change
2024-12-31 CN¥868.32 Million +9.08%
2023-12-31 CN¥796.01 Million +0.29%
2022-12-31 CN¥793.68 Million +38.24%
2021-12-31 CN¥574.12 Million +10.31%
2020-12-31 CN¥520.48 Million +2.97%
2019-12-31 CN¥505.48 Million -45.68%
2018-12-31 CN¥930.57 Million -4.69%
2017-12-31 CN¥976.34 Million -11.25%
2016-12-31 CN¥1.10 Billion -1.55%
2015-12-31 CN¥1.12 Billion +24.21%
2014-12-31 CN¥899.63 Million +52.89%
2013-12-31 CN¥588.42 Million +40.28%
2012-12-31 CN¥419.46 Million +39.16%
2011-12-31 CN¥301.43 Million +69.63%
2010-12-31 CN¥177.70 Million +11.85%
2009-12-31 CN¥158.88 Million -5.70%
2008-12-31 CN¥168.47 Million +31.52%
2007-12-31 CN¥128.10 Million --