MeiG Smart Technology Co

MeiG Smart Technology Co Debt

The Debt of MeiG Smart Technology Co (002881.SZ) as of Oct 22, 2026 is 354.02 M CNY. In the previous year, Debt was 14.32 M CNY — a change of 2,372.92% (higher).

Debt

354.02 MCNY

YoY

2,372.92%

Last updated:

In 2024, MeiG Smart Technology Co's total debt was 354.02 M CNY, a 2,372.92% change from the 14.32 M CNY total debt recorded in the previous year.

The MeiG Smart Technology Co Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Debt
Date
Debt
Jan 1, 2017
56.05 M CNY
Jan 1, 2018
69.49 M CNY
Jan 1, 2019
15.00 M CNY
Jan 1, 2020
20.00 M CNY
Jan 1, 2021
331.15 M CNY
Jan 1, 2022
414.61 M CNY
Jan 1, 2023
14.32 M CNY
Jan 1, 2024
354.02 M CNY
The MeiG Smart Technology Co Debt history
YEARDebtYoY
354.02 MCNY+2,372.92%
14.32 MCNY-96.55%
414.61 MCNY+25.20%
331.15 MCNY+1,555.77%
20.00 MCNY+33.33%
15.00 MCNY-78.41%
69.49 MCNY+23.98%
56.05 MCNY-31.13%
81.38 MCNY+34.19%
60.64 MCNY+190.19%
20.90 MCNY—

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MeiG Smart Technology Co Stock analysis

What does MeiG Smart Technology Co do? MeiG Smart Technology Co., Ltd. generates revenue through the development and sale of 4G wireless communication modules and 4G smart terminals, which are key products in its portfolio. The company also provides research and development services based on 4G communication technology to customers seeking advanced mobile communication solutions. Precision structural parts and precision molds for communication terminals, particularly smartphones, form another significant revenue stream, alongside products like mobile phone precision structural parts, smart phones, driving recorders, and wireless routers. Domestic and overseas markets represent the primary customer segments purchasing these offerings. The firm targets businesses and consumers requiring 4G-enabled devices and components, with its domestic market focus complementing its international sales. Its product range caters to the telecommunications industry, including manufacturers of smartphones and other communication devices. The company's precision components business serves as a core segment, supplying structural parts for various communication terminal products. Revenue streams are derived from both direct product sales and R&D services tied to 4G technology applications. MeiG Smart Technology Co., Ltd. focuses on the research and development, manufacturing, and sales of 4G applications and precision components, with its offerings distributed across domestic and overseas markets. The company's revenue model relies on selling 4G communication modules, smart terminals, and precision structural parts, alongside complementary products such as driving recorders and wireless routers. Customers include entities requiring 4G technology integration for mobile communication and terminal manufacturing. MeiG Smart Technology Co is one of the most popular companies on Eulerpool.

Debt Details

Understanding MeiG Smart Technology Co's Debt Structure

MeiG Smart Technology Co's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing MeiG Smart Technology Co's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to MeiG Smart Technology Co’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in MeiG Smart Technology Co’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about MeiG Smart Technology Co stock

Debt of MeiG Smart Technology Co is 354.02 M CNY in 2024.

Debt of MeiG Smart Technology Co changed from 14.32 M CNY to 354.02 M CNY, representing a 2,372.92% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Debt MeiG Smart Technology Co since 2006 – with annual values, charts, and detailed analysis.

Debt's CNY is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Debt's MeiG Smart Technology Co historically and in real time.

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Balance Sheet — MeiG Smart Technology Co

All Key Metrics — MeiG Smart Technology Co