Shenzhen Megmeet Electrical Co Ltd Total Liabilities

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

Shenzhen Megmeet Electrical Co Ltd total liabilities. 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 financial resilience of Shenzhen Megmeet Electrical Co Ltd to evaluate the company's liquid asset resilience ratio.

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

Total liabilities of Shenzhen Megmeet Electrical Co Ltd from 2009 to 2025. This chart illustrates how Shenzhen Megmeet Electrical Co Ltd's total liabilities have evolved over time, based on quarterly financial data.

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
Light & Wonder Inc AU:LNW	Australia	AU$6.06 Billion
Welspun Corp Limited NSE:WELCORP	India	Rs78.24 Billion
Southwest Gas Holdings Inc NYSE:SWX	USA	$6.35 Billion
Liberty Live Holdings, Inc. Series C Liberty Live Group Common Stock NASDAQ:LLYVK	USA	$7.50 Billion
CSPC Innovation Pharmaceutical Co Ltd Class A SHE:300765	China	CN¥3.54 Billion
Unicaja Banco SA MC:UNI	Spain	€91.34 Billion
Alkermes plc F:8AK	Germany	€2.51 Billion
Cochlear Ltd AU:COH	Australia	AU$874.70 Million

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 complete balance sheet picture, see 002851 asset base.

Liquidity & Leverage Metrics

Shenzhen Megmeet Electrical Co Ltd Total Liabilities Ratios Explained

Shenzhen Megmeet Electrical Co Ltd total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.

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

$6.65 Billion

CN¥45.47 Billion CNY

Market Cap Rank

#2865 Global

#304 in China

Share Price

CN¥77.72

Change (1 day)

-5.90%

52-Week Range

CN¥68.80 - CN¥188.79

All Time High

CN¥964205.69