HIT Welding Industry Co. Ltd. Total Liabilities

Latest as of September 2025: CN¥958.85 Million CNY ≈ $140.31 Million USD

HIT Welding Industry Co. Ltd. total liabilities. Based on the latest financial reports, HIT Welding Industry Co. Ltd. (301137) has total liabilities worth CN¥958.85 Million CNY (≈ $140.31 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. Check 301137 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Total Liabilities of HIT Welding Industry Co. Ltd. (2017–2024)

Total liabilities of HIT Welding Industry Co. Ltd. from 2017 to 2024. This chart illustrates how HIT Welding Industry Co. Ltd.'s total liabilities have evolved over time, based on quarterly financial data.

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
Nanjing Xinlian Electronics Co Ltd
SHE:002546
China CN¥363.62 Million
Restaurant Brands Asia Limited
NSE:RBA
India Rs-6.89 Billion
Jiangsu Aidea Pharmaceutical Co Ltd
SHG:688488
China CN¥1.00 Billion
JBG SMITH Properties
NYSE:JBGS
USA $2.70 Billion
MA Financial Group Ltd
AU:MAF
Australia AU$8.06 Billion
Guangdong Xinhui Meida Nylon Co Ltd
SHE:000782
China CN¥2.79 Billion
Shenzhen Minkave Technology Co Ltd
SHE:300506
China CN¥152.59 Million
Yuanli Chemical Group Co Ltd
SHG:603217
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. For the complete balance sheet picture, see 301137 total assets.

Liquidity & Leverage Metrics

HIT Welding Industry Co. Ltd. Total Liabilities Ratios Explained

HIT Welding Industry Co. Ltd. total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.

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
≈ $140.74 Million
+31.77%
2023-12-31 CN¥729.91 Million
≈ $106.81 Million
-1.17%
2022-12-31 CN¥738.55 Million
≈ $108.07 Million
-13.55%
2021-12-31 CN¥854.27 Million
≈ $125.01 Million
+4.25%
2020-12-31 CN¥819.47 Million
≈ $119.91 Million
+61.38%
2019-12-31 CN¥507.78 Million
≈ $74.30 Million
+16.65%
2018-12-31 CN¥435.30 Million
≈ $63.70 Million
+8.18%
2017-12-31 CN¥402.37 Million
≈ $58.88 Million
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About HIT Welding Industry Co. Ltd.

SHE:301137 China Specialty Industrial Machinery
Market Cap
$682.68 Million
CN¥4.67 Billion CNY
Market Cap Rank
#10315 Global
#2683 in China
Share Price
CN¥25.66
Change (1 day)
-2.17%
52-Week Range
CN¥25.61 - CN¥69.00
All Time High
CN¥69.00
About

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