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. Explore how efficiently does HIT Welding Industry Co. Ltd. generate cash to assess how effectively this company generates cash.

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. Check HIT Welding Industry Co. Ltd. liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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
Lucky Harvest SHE:002965	China	CN¥4.42 Billion
Guangdong Hoshion Aluminium Co Ltd SHE:002824	China	CN¥2.59 Billion
Viet Capital Securities JSC VN:VCI	Vietnam	₫18.00 Trillion
British American Tobacco PLC LSE:BATS	UK	GBX61.15 Billion
Three Squirrels SHE:300783	China	CN¥1.93 Billion
Nanobiotix NASDAQ:NBTX	USA	$114.13 Million
Maas Group Holdings Ltd AU:MGH	Australia	AU$1.10 Billion
Orient Semiconductor Electronics Ltd TW:2329	Taiwan	NT$9.56 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

$1.14 Billion

CN¥7.80 Billion CNY

Market Cap Rank

#8551 Global

#2232 in China

Share Price

CN¥42.91

Change (1 day)

+1.25%

52-Week Range

CN¥21.88 - CN¥69.00

All Time High

CN¥69.00