Shenzhen MeiG Smart Technology Co Ltd (002881) - Total Liabilities
Based on the latest financial reports, Shenzhen MeiG Smart Technology Co Ltd (002881) has total liabilities worth CN¥1.17 Billion CNY (≈ $171.11 Million USD) 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. Explore cash flow conversion of Shenzhen MeiG Smart Technology Co Ltd to assess how effectively this company generates cash.
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. Check Shenzhen MeiG Smart Technology Co Ltd (002881) asset resilience to evaluate the company's liquid asset resilience ratio.
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 |
|---|---|---|
|
Greatech Technology Bhd
KLSE:0208
|
Malaysia | RM192.36 Million |
|
Guangzhou Sanfu New Materials Technology Co. Ltd. A
SHG:688359
|
China | CN¥602.52 Million |
|
Reinsurance Group of America Inc
NYSE:RZB
|
USA | $143.04 Billion |
|
NH SPAC 8
KQ:218410
|
Korea | ₩129.85 Billion |
|
Techno Electric & Engineering Company Limited
NSE:TECHNOE
|
India | Rs15.12 Billion |
|
Jenoptik AG
F:JEN
|
Germany | €679.42 Million |
|
PC Connection Inc
NASDAQ:CNXN
|
USA | $440.80 Million |
|
Zen Technologies Limited
NSE:ZENTEC
|
India | Rs2.08 Billion |
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. For the full company profile including market capitalisation, see 002881 market cap.
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 ≈ $174.49 Million |
+79.33% |
| 2023-12-31 | CN¥664.93 Million ≈ $97.30 Million |
-26.64% |
| 2022-12-31 | CN¥906.45 Million ≈ $132.64 Million |
+11.73% |
| 2021-12-31 | CN¥811.28 Million ≈ $118.72 Million |
+104.45% |
| 2020-12-31 | CN¥396.80 Million ≈ $58.06 Million |
+68.45% |
| 2019-12-31 | CN¥235.56 Million ≈ $34.47 Million |
-36.05% |
| 2018-12-31 | CN¥368.37 Million ≈ $53.90 Million |
+14.37% |
| 2017-12-31 | CN¥322.10 Million ≈ $47.13 Million |
+31.51% |
| 2016-12-31 | CN¥244.93 Million ≈ $35.84 Million |
-2.79% |
| 2015-12-31 | CN¥251.97 Million ≈ $36.87 Million |
+51.14% |
| 2014-12-31 | CN¥166.71 Million ≈ $24.39 Million |
-30.58% |
| 2013-12-31 | CN¥240.14 Million ≈ $35.14 Million |
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About Shenzhen MeiG Smart Technology Co Ltd
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