Shenzhen Megmeet Electrical Co Ltd (002851) - Total Liabilities

Latest as of March 2026: CN¥6.87 Billion CNY ≈ $1.00 Billion USD

Based on the latest financial reports, Shenzhen Megmeet Electrical Co Ltd (002851) has total liabilities worth CN¥6.87 Billion CNY (≈ $1.00 Billion 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 Shenzhen Megmeet Electrical Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Shenzhen Megmeet Electrical Co Ltd - Total Liabilities Trend (2009–2025)

This chart illustrates how Shenzhen Megmeet Electrical Co Ltd's total liabilities have evolved over time, based on quarterly financial data. See Shenzhen Megmeet Electrical Co Ltd free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

Shenzhen Megmeet Electrical Co Ltd Competitors by Total Liabilities

The table below lists competitors of Shenzhen Megmeet Electrical Co Ltd ranked by their total liabilities.

Company	Country	Total Liabilities
Vietnam JSCmmercial Bank for Industry and Trade VN:CTG	Vietnam	₫2588.06 Trillion
Hella KGaA Hueck & Co XETRA:HLE	Germany	€4.17 Billion
Verona Pharma plc F:I9SA	Germany	€294.60 Million
YTL Power International Bhd KLSE:6742	Malaysia	RM50.91 Billion
Brenntag SE F:BNR	Germany	€6.28 Billion
Shandong Sinocera Func Material SHE:300285	China	CN¥2.24 Billion
Westlake Chemical Corporation NYSE:WLK	USA	$10.66 Billion
Sirius XM Holding Inc NASDAQ:SIRI	USA	$15.42 Billion

Liability Composition Analysis (2009–2025)

This chart breaks down Shenzhen Megmeet Electrical 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 market value of Shenzhen Megmeet Electrical Co Ltd.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	1.56	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	0.77	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.43	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 Shenzhen Megmeet Electrical Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Shenzhen Megmeet Electrical Co Ltd (2009–2025)

The table below shows the annual total liabilities of Shenzhen Megmeet Electrical Co Ltd from 2009 to 2025.

Year	Total Liabilities	Change
2025-12-31	CN¥7.19 Billion ≈ $1.05 Billion	+22.55%
2024-12-31	CN¥5.87 Billion ≈ $859.03 Million	+5.34%
2023-12-31	CN¥5.57 Billion ≈ $815.49 Million	+20.28%
2022-12-31	CN¥4.63 Billion ≈ $677.97 Million	+53.35%
2021-12-31	CN¥3.02 Billion ≈ $442.11 Million	+40.80%
2020-12-31	CN¥2.15 Billion ≈ $313.99 Million	+7.42%
2019-12-31	CN¥2.00 Billion ≈ $292.30 Million	+31.28%
2018-12-31	CN¥1.52 Billion ≈ $222.66 Million	+73.80%
2017-12-31	CN¥875.47 Million ≈ $128.11 Million	+28.99%
2016-12-31	CN¥678.70 Million ≈ $99.32 Million	+31.64%
2015-12-31	CN¥515.59 Million ≈ $75.45 Million	+38.02%
2014-12-31	CN¥373.57 Million ≈ $54.67 Million	-7.23%
2013-12-31	CN¥402.69 Million ≈ $58.93 Million	+5.61%
2012-12-31	CN¥381.31 Million ≈ $55.80 Million	+14.04%
2011-12-31	CN¥334.36 Million ≈ $48.93 Million	+40.30%
2010-12-31	CN¥238.31 Million ≈ $34.87 Million	-0.43%
2009-12-31	CN¥239.34 Million ≈ $35.02 Million	--

About Shenzhen Megmeet Electrical Co Ltd

SHE:002851 China Electrical Equipment & Parts

Market Cap

$9.06 Billion

CN¥61.93 Billion CNY

Market Cap Rank

#2383 Global

#259 in China

Share Price

CN¥106.45

Change (1 day)

+10.00%

52-Week Range

CN¥61.13 - CN¥188.79

All Time High

CN¥964205.69