Zhejiang Meilun Elevator Co (SHSE:603321) Total Liabilities: ¥631.3 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603321 Zhejiang Meilun Elevator Co Ltd SHSE:603321
62 GF Score
Price ¥6.31
GF Value ¥5.20
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Zhejiang Meilun Elevator Co Total Liabilities?

Zhejiang Meilun Elevator Co SHSE:603321 +3.27% 62 Total Liabilities is ¥631.3 Mil as of Mar. 2026. GuruFocus rates SHSE:603321 with a GF Score™ of 62/100 and a GF Value™ of ¥5.20 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Zhejiang Meilun Elevator Co's Total Liabilities for the quarter that ended in Mar. 2026 was ¥631.3 Mil.

Zhejiang Meilun Elevator Co's quarterly Total Liabilities increased from Sep. 2025 (¥614.49 Mil) to Dec. 2025 (¥685.60 Mil) but then declined from Dec. 2025 (¥685.60 Mil) to Mar. 2026 (¥631.32 Mil).

Zhejiang Meilun Elevator Co's annual Total Liabilities declined from Dec. 2023 (¥909.77 Mil) to Dec. 2024 (¥784.95 Mil) and declined from Dec. 2024 (¥784.95 Mil) to Dec. 2025 (¥685.60 Mil).


Zhejiang Meilun Elevator Co Total Liabilities Historical Data

* Premium members only.

The historical data trend for Zhejiang Meilun Elevator Co's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zhejiang Meilun Elevator Co Total Liabilities Chart

Zhejiang Meilun Elevator Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 812.67 835.48 909.77 784.95 685.60

Zhejiang Meilun Elevator Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 649.09 641.82 614.49 685.60 631.32
SHSE:603321
62GF Score
Zhejiang Meilun Elevator Co Ltd SHSE:603321
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Meilun Elevator Co Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Zhejiang Meilun Elevator Co's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=673.781+(0+11.817
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=685.6

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=2166.223-1480.625
=685.6

Zhejiang Meilun Elevator Co's Total Liabilities for the quarter that ended in Mar. 2026 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=615.507+(0+15.809
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=631.3

Total Liabilities=Total Assets (Q: Mar. 2026 )-Total Equity (Q: Mar. 2026 )
=2118.259-1486.943
=631.3

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of ¥631.3 Mil mean?
Zhejiang Meilun Elevator Co (SHSE:603321) has a Total Liabilities of ¥631.3 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Zhejiang Meilun Elevator Co and its competitors.
Is Zhejiang Meilun Elevator Co's Total Liabilities too high?
Zhejiang Meilun Elevator Co's current Total Liabilities is ¥631.3 Mil. Overall, Zhejiang Meilun Elevator Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Meilun Elevator Co's Total Liabilities compare to GEV and ETN?
Zhejiang Meilun Elevator Co's Total Liabilities of ¥631.3 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for an Industrial Products company?
A good Total Liabilities depends on the Industrial Products industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Zhejiang Meilun Elevator Co and its competitors. Zhejiang Meilun Elevator Co's current Total Liabilities is ¥631.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Meilun Elevator Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Meilun Elevator Co (SHSE:603321) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.20, compared to a current price of ¥6.31 — trading 21.3% above its estimated fair value. The current Total Liabilities is ¥631.3 Mil. Zhejiang Meilun Elevator Co's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Zhejiang Meilun Elevator Co (SHSE:603321), the current Total Liabilities is ¥631.3 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zhejiang Meilun Elevator Co (SHSE:603321) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Meilun Elevator Co stock appears to be overvalued. The current stock price of ¥6.31 is trading 21.3% above its estimated GF Value™ of ¥5.20. GuruFocus considers Zhejiang Meilun Elevator Co to be Modestly Overvalued.

Key valuation signals for SHSE:603321:

  • Total Liabilities: ¥631.3 Mil
  • GF Value™: ¥5.20 vs. price of ¥6.31 (21.3% above fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the SHSE:603321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Meilun Elevator Co Business Description

Address No. 888, Qitao Road, Qixian Street, Keqiao District, Zhejiang Province, Shaoxing, CHN, 312065
Zhejiang Meilun Elevator Co Ltd operates in the elevator industrial field. The company is mainly engaged in the production and sales of passenger elevators, escalators, moving walkways, and accessory parts, installation and maintenance of the whole product. The main products include passenger elevators, freight elevators, medical ladders, sightseeing ladders, escalators, automatic sidewalks, three-dimensional garages, and accessories. The products are widely used in residential areas, shopping malls, hotels, and public facilities.
62GF Score

Get the complete analysis for SHSE:603321

Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥6.31
Price
¥5.20
GF Value