Shenzhen Megmeet Electrical Co Ltd (002851) - Total Liabilities

Latest as of June 2026: CN¥7.35 Billion CNY ≈ $1.08 Billion USD

Based on the latest financial reports, Shenzhen Megmeet Electrical Co Ltd (002851) has total liabilities worth CN¥7.35 Billion CNY (≈ $1.08 Billion 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. Check Shenzhen Megmeet Electrical Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. For the complete balance sheet picture, see Shenzhen Megmeet Electrical Co Ltd assets under control.

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
Lupin Limited NSE:LUPIN	India	Rs158.51 Billion
Camden Property Trust NYSE:CPT	USA	$4.95 Billion
China Pacific Insurance (Group) Co. Ltd F:75C	Germany	€2.87 Trillion
Mankind Pharma Ltd NSE:MANKIND	India	Rs-165.61 Billion
Shenzhen Fastprint Circuit Tech Co Ltd SHE:002436	China	CN¥10.01 Billion
Wintrust Financial Corporation NASDAQ:WTFC	USA	$63.88 Billion
Darling Ingredients Inc NYSE:DAR	USA	$5.70 Billion
China Railway Construction Corp Ltd SHG:601186	China	CN¥1.70 Trillion

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. See how leveraged is Shenzhen Megmeet Electrical Co Ltd's balance sheet to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	1.51	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	0.80	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.44	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

$10.16 Billion

CN¥69.46 Billion CNY

Market Cap Rank

#2198 Global

#223 in China

Share Price

CN¥118.73

Change (1 day)

-0.57%

52-Week Range

CN¥68.80 - CN¥188.79

All Time High

CN¥964205.69