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¥1.06 Billion CNY (≈ $155.73 Million USD) as of March 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. Also explore 002451 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
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. See 002451 free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
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 |
|---|---|---|
|
SHANDONG BOAN BIOTECH.H 1
F:UJ9
|
Germany | €1.39 Billion |
|
ShaoYang Victor Hydraulics Co.Ltd
SHE:301079
|
China | CN¥392.60 Million |
|
Shoe Station Group Inc.
NASDAQ:SHOE
|
USA | $485.68 Million |
|
PT Temas Tbk
JK:TMAS
|
Indonesia | Rp2.14 Trillion |
|
Traffic Control Technology Co Ltd
SHG:688015
|
China | CN¥3.67 Billion |
|
Genesco Inc
NYSE:GCO
|
USA | $831.59 Million |
|
Biglari Holdings Inc
NYSE:BH-A
|
USA | $499.14 Million |
|
PHOENIX N AG
SW:PMN
|
Switzerland | CHF323.53 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. For the full company profile including market capitalisation, see Shanghai Morn Electric Equipment Co Ltd (002451) total market value.
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 | 1.38 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.53 | 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