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

Latest as of September 2025: CN¥1.17 Billion CNY ≈ $171.11 Million USD

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.

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 002881 financial 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
ProPetro Holding Corp NYSE:PUMP	USA	$420.74 Million
Taiwan Fertilizer Co Ltd TW:1722	Taiwan	NT$28.45 Billion
CareDx Inc NASDAQ:CDNA	USA	$97.53 Million
Zoomlion Heavy Industry Science and Technology Co. Ltd F:8CZ	Germany	€82.77 Billion
Cellcom Israel Ltd TA:CEL	Israel	ILA3.50 Billion
Insperity Inc NYSE:NSP	USA	$2.13 Billion
Streamax Technology Co Ltd SHE:002970	China	CN¥1.49 Billion
Orange Belgium SA BR:OBEL	Belgium	€3.09 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 complete balance sheet picture, see Shenzhen MeiG Smart Technology Co Ltd balance sheet assets.

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	--

About Shenzhen MeiG Smart Technology Co Ltd

SHE:002881 China Communication Equipment

Market Cap

$1.42 Billion

CN¥9.72 Billion CNY

Market Cap Rank

#7452 Global

#1647 in China

Share Price

CN¥37.15

Change (1 day)

-1.38%

52-Week Range

CN¥33.93 - CN¥58.97

All Time High

CN¥71.29