HIT Welding Industry Co. Ltd.
HIT Welding Industry Co.,Ltd engages in the research, development, production, and sales of fusion welding materials in China. It offers gas shielding and submerged arc welding wires; mobile rail flash welding machines; trackless autonomous crawling arc welding robot machines; quantong stainless steel and aluminum welding wires; and arc light electric welding electrodes. The company also provides… Read more
HIT Welding Industry Co. Ltd. (301137) - Total Liabilities
Latest total liabilities as of September 2025: CN¥958.85 Million CNY
Based on the latest financial reports, HIT Welding Industry Co. Ltd. (301137) has total liabilities worth CN¥958.85 Million CNY 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.
HIT Welding Industry Co. Ltd. - Total Liabilities Trend (2017–2024)
This chart illustrates how HIT Welding Industry Co. Ltd.'s total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
HIT Welding Industry Co. Ltd. Competitors by Total Liabilities
The table below lists competitors of HIT Welding Industry Co. Ltd. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
iHeartMedia Inc Class A
NASDAQ:IHRT
|
USA | $6.88 Billion |
|
Banco Mercantil do Brasil S.A
SA:BMEB3
|
Brazil | R$29.22 Billion |
|
Southern Cross Electrical Engineering Ltd
AU:SXE
|
Australia | AU$216.44 Million |
|
Hamborner REIT AG
XETRA:HABA
|
Germany | €666.28 Million |
|
Ton Yi Industrial Corp
TW:9907
|
Taiwan | NT$13.27 Billion |
|
Tai-Tech Advanced Electronics Co Ltd
TWO:3357
|
Taiwan | NT$5.22 Billion |
|
Anhui Tongyuan Environment Energy Saving Co. Ltd. A
SHG:688679
|
China | CN¥1.67 Billion |
Liability Composition Analysis (2017–2024)
This chart breaks down HIT Welding Industry 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.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.98 | 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 | 0.70 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.40 | 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 HIT Welding Industry Co. Ltd.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for HIT Welding Industry Co. Ltd. (2017–2024)
The table below shows the annual total liabilities of HIT Welding Industry Co. Ltd. from 2017 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CN¥961.82 Million | +31.77% |
| 2023-12-31 | CN¥729.91 Million | -1.17% |
| 2022-12-31 | CN¥738.55 Million | -13.55% |
| 2021-12-31 | CN¥854.27 Million | +4.25% |
| 2020-12-31 | CN¥819.47 Million | +61.38% |
| 2019-12-31 | CN¥507.78 Million | +16.65% |
| 2018-12-31 | CN¥435.30 Million | +8.18% |
| 2017-12-31 | CN¥402.37 Million | -- |