Shenzhen MeiG Smart Technology Co Ltd

SHE:002881 China Communication Equipment
Market Cap
$1.55 Billion
CN¥11.36 Billion CNY
Market Cap Rank
#9120 Global
#1826 in China
Share Price
CN¥43.40
Change (1 day)
-4.05%
52-Week Range
CN¥37.20 - CN¥58.97
All Time High
CN¥71.29
About

MeiG Smart Technology Co., Ltd. engages in the research and development, production, and sale of wireless communication modules and Internet of Things solutions in China and internationally. Its products include 5G smart, 5G and 4G LTE, AI computing, automotive, smart, LPWA, and GNSS modules; and wireless data solutions for use in smart positioning and tracking, payment methods for retailers, bli… Read more

Shenzhen MeiG Smart Technology Co Ltd (002881) - Total Liabilities

Latest total liabilities as of September 2025: CN¥1.17 Billion CNY

Based on the latest financial reports, Shenzhen MeiG Smart Technology Co Ltd (002881) has total liabilities worth CN¥1.17 Billion CNY as of September 2025.

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.

Shenzhen MeiG Smart Technology Co Ltd - Total Liabilities Trend (2013–2024)

This chart illustrates how Shenzhen MeiG Smart Technology Co Ltd's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.

Shenzhen MeiG Smart Technology Co Ltd Competitors by Total Liabilities

The table below lists competitors of Shenzhen MeiG Smart Technology Co Ltd ranked by their total liabilities.

Company Country Total Liabilities
Wuhan Zhongyuan Huadian Sci Tech
SHE:300018
China CN¥275.13 Million
Gansu Qilianshan Cement Group Co Ltd
SHG:600720
China CN¥14.70 Billion
Giant Manufacturing Co Ltd
TW:9921
Taiwan NT$33.80 Billion
Colt CZ Group SE
PR:CZG
Czech Republic Kč25.98 Billion
Discovery Metals Corp
OTCQX:DSVSF
USA $1.15 Billion
Invengo Information Technology Co Ltd
SHE:002161
China CN¥1.13 Billion
IDBI Bank Limited
NSE:IDBI
India ₹3.54 Trillion

Liability Composition Analysis (2013–2024)

This chart breaks down Shenzhen MeiG Smart Technology 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.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio 2.08 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 0.70 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.41 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 MeiG Smart Technology Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Shenzhen MeiG Smart Technology Co Ltd (2013–2024)

The table below shows the annual total liabilities of Shenzhen MeiG Smart Technology Co Ltd from 2013 to 2024.

Year Total Liabilities Change
2024-12-31 CN¥1.19 Billion +79.33%
2023-12-31 CN¥664.93 Million -26.64%
2022-12-31 CN¥906.45 Million +11.73%
2021-12-31 CN¥811.28 Million +104.45%
2020-12-31 CN¥396.80 Million +68.45%
2019-12-31 CN¥235.56 Million -36.05%
2018-12-31 CN¥368.37 Million +14.37%
2017-12-31 CN¥322.10 Million +31.51%
2016-12-31 CN¥244.93 Million -2.79%
2015-12-31 CN¥251.97 Million +51.14%
2014-12-31 CN¥166.71 Million -30.58%
2013-12-31 CN¥240.14 Million --