Guangzhou Pearl River Piano Group Co Ltd (002678) - Total Liabilities
Based on the latest financial reports, Guangzhou Pearl River Piano Group Co Ltd (002678) has total liabilities worth CN¥594.22 Million CNY (≈ $86.95 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.
Guangzhou Pearl River Piano Group Co Ltd - Total Liabilities Trend (2009–2024)
This chart illustrates how Guangzhou Pearl River Piano Group Co Ltd's total liabilities have evolved over time, based on quarterly financial data. See 002678 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Guangzhou Pearl River Piano Group Co Ltd Competitors by Total Liabilities
The table below lists competitors of Guangzhou Pearl River Piano Group Co Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Wah Lee Industrial Corp
TW:3010
|
Taiwan | NT$32.32 Billion |
|
Shelly Group SE
XETRA:SLYG
|
Germany | €25.15 Million |
|
ZINKA LOGISTICS SOL LTD
NSE:BLACKBUCK
|
India | Rs3.14 Billion |
|
180 Life Sciences Corp
NASDAQ:ATNF
|
USA | $564.18 Million |
|
Data 3 Ltd
AU:DTL
|
Australia | AU$342.55 Million |
|
United Renewable Energy Co Ltd
TW:3576
|
Taiwan | NT$13.63 Billion |
|
Scandi Standard publ AB
ST:SCST
|
Sweden | Skr4.96 Billion |
|
Beijing eGOVA
SHE:300075
|
China | CN¥578.23 Million |
Liability Composition Analysis (2009–2024)
This chart breaks down Guangzhou Pearl River Piano Group 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 market cap of Guangzhou Pearl River Piano Group Co Ltd.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 6.95 | 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 | 0.18 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.15 | 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 Guangzhou Pearl River Piano Group Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Guangzhou Pearl River Piano Group Co Ltd (2009–2024)
The table below shows the annual total liabilities of Guangzhou Pearl River Piano Group Co Ltd from 2009 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CN¥517.51 Million ≈ $75.73 Million |
-37.53% |
| 2023-12-31 | CN¥828.47 Million ≈ $121.23 Million |
-39.59% |
| 2022-12-31 | CN¥1.37 Billion ≈ $200.68 Million |
+2.02% |
| 2021-12-31 | CN¥1.34 Billion ≈ $196.70 Million |
+7.94% |
| 2020-12-31 | CN¥1.25 Billion ≈ $182.24 Million |
+19.13% |
| 2019-12-31 | CN¥1.05 Billion ≈ $152.97 Million |
-0.48% |
| 2018-12-31 | CN¥1.05 Billion ≈ $153.72 Million |
+11.87% |
| 2017-12-31 | CN¥939.00 Million ≈ $137.40 Million |
+8.20% |
| 2016-12-31 | CN¥867.86 Million ≈ $127.00 Million |
+62.79% |
| 2015-12-31 | CN¥533.13 Million ≈ $78.01 Million |
+1.93% |
| 2014-12-31 | CN¥523.03 Million ≈ $76.54 Million |
+13.42% |
| 2013-12-31 | CN¥461.15 Million ≈ $67.48 Million |
+36.37% |
| 2012-12-31 | CN¥338.15 Million ≈ $49.48 Million |
-24.05% |
| 2011-12-31 | CN¥445.25 Million ≈ $65.15 Million |
+0.48% |
| 2010-12-31 | CN¥443.11 Million ≈ $64.84 Million |
-4.49% |
| 2009-12-31 | CN¥463.94 Million ≈ $67.89 Million |
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About Guangzhou Pearl River Piano Group Co Ltd
Guangzhou Pearl River Piano Group Co., Ltd. engages in the research and development, manufacturing, sales and service of piano and digital musical instrument products in China and internationally. The company offers pianos, violins, digital pianos, strings, guitars, and wind instruments and folk music, as well as musical instrument accessories and music culture teaching materials. It also engages… Read more