Hes Technology Group (002963) - Total Liabilities

Latest as of September 2025: CN¥436.10 Million CNY ≈ $63.82 Million USD

Based on the latest financial reports, Hes Technology Group (002963) has total liabilities worth CN¥436.10 Million CNY (≈ $63.82 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 Hes Technology Group to assess how effectively this company generates cash.

Hes Technology Group - Total Liabilities Trend (2015–2024)

This chart illustrates how Hes Technology Group's total liabilities have evolved over time, based on quarterly financial data. Check Hes Technology Group liquidity resilience to evaluate the company's liquid asset resilience ratio.

Hes Technology Group Competitors by Total Liabilities

The table below lists competitors of Hes Technology Group ranked by their total liabilities.

Company	Country	Total Liabilities
Huida Sanitary Ware Co Ltd SHG:603385	China	CN¥1.28 Billion
Guangzhou Improve Med Instrument SHE:300030	China	CN¥415.45 Million
Wanxiang Doneed Co Ltd SHG:600371	China	CN¥126.60 Million
Hoasen Group VN:HSG	Vietnam	₫9.68 Trillion
Fanli Digital Technology Co Ltd SHG:600228	China	CN¥161.42 Million
Zhejiang East Crystal Electronic Co Ltd SHE:002199	China	CN¥257.97 Million
Fujian Jinsen Forestry Co Ltd SHE:002679	China	CN¥1.21 Billion

Liability Composition Analysis (2015–2024)

This chart breaks down Hes Technology Group'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 002963 company net worth.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	3.24	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	0.34	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.25	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 Hes Technology Group's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Hes Technology Group (2015–2024)

The table below shows the annual total liabilities of Hes Technology Group from 2015 to 2024.

Year	Total Liabilities	Change
2024-12-31	CN¥473.53 Million ≈ $69.29 Million	-9.12%
2023-12-31	CN¥521.04 Million ≈ $76.24 Million	-14.16%
2022-12-31	CN¥606.96 Million ≈ $88.82 Million	-5.97%
2021-12-31	CN¥645.47 Million ≈ $94.45 Million	+34.75%
2020-12-31	CN¥479.00 Million ≈ $70.09 Million	-25.94%
2019-12-31	CN¥646.79 Million ≈ $94.65 Million	+54.36%
2018-12-31	CN¥419.00 Million ≈ $61.31 Million	+87.12%
2017-12-31	CN¥223.93 Million ≈ $32.77 Million	+76.67%
2016-12-31	CN¥126.75 Million ≈ $18.55 Million	+17.89%
2015-12-31	CN¥107.52 Million ≈ $15.73 Million	--

About Hes Technology Group

SHE:002963 China Electronic Components

Market Cap

$376.24 Million

CN¥2.57 Billion CNY

Market Cap Rank

#13959 Global

#4393 in China

Share Price

CN¥17.10

Change (1 day)

-1.78%

52-Week Range

CN¥11.41 - CN¥19.17

All Time High

CN¥40.90