Shanghai Morn Electric Equipment Co Ltd (002451) - Total Liabilities
Based on the latest financial reports, Shanghai Morn Electric Equipment Co Ltd (002451) has total liabilities worth CN¥1.15 Billion CNY (≈ $167.99 Million USD) as of June 2026. 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. Explore Shanghai Morn Electric Equipment Co Ltd (002451) long-term investment share to see how much of total assets are deployed in long-term investments.
Shanghai Morn Electric Equipment Co Ltd - Total Liabilities Trend (2007–2025)
This chart illustrates how Shanghai Morn Electric Equipment Co Ltd's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see 002451 asset base.
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 |
|---|---|---|
|
Nanjing Central Emporium Group Stocks Co Ltd
SHG:600280
|
China | CN¥9.62 Billion |
|
Seobu T&D Co. Ltd
KQ:006730
|
Korea | ₩1.80 Trillion |
|
Hunan Lead Power Dazhi Technology Inc Co
SHE:300530
|
China | CN¥1.20 Billion |
|
Chongqing VDL Electronics Co. Ltd. A
SHE:301121
|
China | CN¥1.58 Billion |
|
ICRA Limited
NSE:ICRA
|
India | Rs2.72 Billion |
|
JPP Holding Company Limited
TW:5284
|
Taiwan | NT$3.71 Billion |
|
PT Temas Tbk
JK:TMAS
|
Indonesia | Rp2.14 Trillion |
|
EQV Ventures Acquisition Corp. II
NYSE:EVAC
|
USA | $490.72 Million |
Liability Composition Analysis (2007–2025)
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. See 002451 net asset quality index to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.38 | 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 | 1.49 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.55 | 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 (2007–2025)
The table below shows the annual total liabilities of Shanghai Morn Electric Equipment Co Ltd from 2007 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | CN¥1.11 Billion ≈ $162.66 Million |
+28.02% |
| 2024-12-31 | CN¥868.32 Million ≈ $127.06 Million |
+9.08% |
| 2023-12-31 | CN¥796.01 Million ≈ $116.48 Million |
+0.29% |
| 2022-12-31 | CN¥793.68 Million ≈ $116.14 Million |
+38.24% |
| 2021-12-31 | CN¥574.12 Million ≈ $84.01 Million |
+10.31% |
| 2020-12-31 | CN¥520.48 Million ≈ $76.16 Million |
+2.97% |
| 2019-12-31 | CN¥505.48 Million ≈ $73.97 Million |
-45.68% |
| 2018-12-31 | CN¥930.57 Million ≈ $136.17 Million |
-4.69% |
| 2017-12-31 | CN¥976.34 Million ≈ $142.87 Million |
-11.25% |
| 2016-12-31 | CN¥1.10 Billion ≈ $160.98 Million |
-1.55% |
| 2015-12-31 | CN¥1.12 Billion ≈ $163.52 Million |
+24.21% |
| 2014-12-31 | CN¥899.63 Million ≈ $131.64 Million |
+52.89% |
| 2013-12-31 | CN¥588.42 Million ≈ $86.10 Million |
+40.28% |
| 2012-12-31 | CN¥419.46 Million ≈ $61.38 Million |
+39.16% |
| 2011-12-31 | CN¥301.43 Million ≈ $44.11 Million |
+69.63% |
| 2010-12-31 | CN¥177.70 Million ≈ $26.00 Million |
+11.85% |
| 2009-12-31 | CN¥158.88 Million ≈ $23.25 Million |
-5.70% |
| 2008-12-31 | CN¥168.47 Million ≈ $24.65 Million |
+31.52% |
| 2007-12-31 | CN¥128.10 Million ≈ $18.74 Million |
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About Shanghai Morn Electric Equipment Co Ltd
Shanghai Morn Electric Equipment Co., Ltd., together with its subsidiaries, engages in the research, design, development, production, and sale of cables in China. The company operates in two segments, Cable and Quasi-Financial. It offers power and electrical equipment cables, including aluminum alloy, mineral insulated flexible fire-proof, LV and MV fire-resistant power, ceramic high-temperature … Read more