HIT Welding Industry Co. Ltd. (301137) - Total Liabilities

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

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.

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. See 301137 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

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
China Union Holdings Ltd SHE:000036	China	CN¥1.69 Billion
Genimous Technology Co Ltd SHE:000676	China	CN¥701.34 Million
Cleanaway Co Ltd TW:8422	Taiwan	NT$12.77 Billion
Glenveagh Properties PLC IR:GVR	Ireland	€510.35 Million
Jiangsu Sanfangxiang Industry Co Ltd SHG:600370	China	CN¥12.02 Billion
DLG Exhibitions & Events Corp Ltd SHG:600826	China	CN¥1.20 Billion
Shen Zhen Bauing Construction Holding Group Co Ltd SHE:002047	China	CN¥1.25 Billion
Ye Chiu Metal Recycling China Ltd SHG:601388	China	CN¥1.56 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 full company profile including market capitalisation, see market value of HIT Welding Industry Co. Ltd..

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 ≈ $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	--

About HIT Welding Industry Co. Ltd.

SHE:301137 China Specialty Industrial Machinery

Market Cap

$1.01 Billion

CN¥6.87 Billion CNY

Market Cap Rank

#9037 Global

#2284 in China

Share Price

CN¥37.80

Change (1 day)

-2.78%

52-Week Range

CN¥29.85 - CN¥69.00

All Time High

CN¥69.00