Hiconics Drive Tech Co (300048) - Total Liabilities
Based on the latest financial reports, Hiconics Drive Tech Co (300048) has total liabilities worth CN¥3.06 Billion CNY (≈ $447.76 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.
Hiconics Drive Tech Co - Total Liabilities Trend (2006–2024)
This chart illustrates how Hiconics Drive Tech Co's total liabilities have evolved over time, based on quarterly financial data. See Hiconics Drive Tech Co (300048) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Hiconics Drive Tech Co Competitors by Total Liabilities
The table below lists competitors of Hiconics Drive Tech Co ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Yueyang Forest & Paper Co Ltd
SHG:600963
|
China | CN¥12.77 Billion |
|
Corticeira Amorim
LS:COR
|
Portugal | €491.25 Million |
|
Warom Technology Inc Co
SHG:603855
|
China | CN¥2.72 Billion |
|
PennyMac Mortgage Investment Trust
NYSE:PMT
|
USA | $19.46 Billion |
|
Goosehead Insurance Inc
NASDAQ:GSHD
|
USA | $597.00 Million |
|
Standard Lithium Ltd
NYSE MKT:SLI
|
USA | $33.74 Million |
|
Luoniushan Co Ltd
SHE:000735
|
China | CN¥4.97 Billion |
|
Shenyang Blue Silver Ind Auto
SHE:300293
|
China | CN¥1.05 Billion |
Liability Composition Analysis (2006–2024)
This chart breaks down Hiconics Drive Tech Co'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 Hiconics Drive Tech Co market cap and net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.36 | 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 | 1.67 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.62 | 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 Hiconics Drive Tech Co's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Hiconics Drive Tech Co (2006–2024)
The table below shows the annual total liabilities of Hiconics Drive Tech Co from 2006 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CN¥2.87 Billion ≈ $420.30 Million |
+99.00% |
| 2023-12-31 | CN¥1.44 Billion ≈ $211.20 Million |
+65.30% |
| 2022-12-31 | CN¥873.14 Million ≈ $127.77 Million |
+32.90% |
| 2021-12-31 | CN¥656.98 Million ≈ $96.14 Million |
-31.26% |
| 2020-12-31 | CN¥955.80 Million ≈ $139.86 Million |
-33.14% |
| 2019-12-31 | CN¥1.43 Billion ≈ $209.20 Million |
-21.03% |
| 2018-12-31 | CN¥1.81 Billion ≈ $264.92 Million |
-11.31% |
| 2017-12-31 | CN¥2.04 Billion ≈ $298.72 Million |
-9.88% |
| 2016-12-31 | CN¥2.27 Billion ≈ $331.45 Million |
+161.49% |
| 2015-12-31 | CN¥866.22 Million ≈ $126.76 Million |
+109.32% |
| 2014-12-31 | CN¥413.83 Million ≈ $60.56 Million |
+20.56% |
| 2013-12-31 | CN¥343.25 Million ≈ $50.23 Million |
+20.66% |
| 2012-12-31 | CN¥284.49 Million ≈ $41.63 Million |
-17.26% |
| 2011-12-31 | CN¥343.85 Million ≈ $50.32 Million |
+71.97% |
| 2010-12-31 | CN¥199.95 Million ≈ $29.26 Million |
+11.14% |
| 2009-12-31 | CN¥179.91 Million ≈ $26.33 Million |
+14.04% |
| 2008-12-31 | CN¥157.76 Million ≈ $23.09 Million |
+157.83% |
| 2007-12-31 | CN¥61.19 Million ≈ $8.95 Million |
+80.62% |
| 2006-12-31 | CN¥33.88 Million ≈ $4.96 Million |
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About Hiconics Drive Tech Co
Hiconics Eco-energy Technology Co., Ltd. engages in the industrial control, residential energy storage, and distributed PV EPC businesses in China and internationally. It operates through the Inverter, Photovoltaic EPC, Household Energy Storage, and Others segments. The company offers photovoltaic solutions, including residential, commercial, and industrial photovoltaic solutions; Midea PV grid-c… Read more