Guangdong Mingyang Electric Co. Ltd. A (301291) - Total Liabilities

Latest as of June 2026: CN¥4.61 Billion CNY ≈ $674.76 Million USD

Based on the latest financial reports, Guangdong Mingyang Electric Co. Ltd. A (301291) has total liabilities worth CN¥4.61 Billion CNY (≈ $674.76 Million USD) as of June 2026. 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 301291 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Guangdong Mingyang Electric Co. Ltd. A - Total Liabilities Trend (2021–2025)

This chart illustrates how Guangdong Mingyang Electric Co. Ltd. A's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see Guangdong Mingyang Electric Co. Ltd. A (301291) total assets.

Guangdong Mingyang Electric Co. Ltd. A Competitors by Total Liabilities

The table below lists competitors of Guangdong Mingyang Electric Co. Ltd. A ranked by their total liabilities.

Company	Country	Total Liabilities
Semrush Holdings Inc NYSE:SEMR	USA	$163.14 Million
AeroSpace Technology of Korea KQ:067390	Korea	₩256.53 Billion
Deterra Royalties Ltd AU:DRR	Australia	AU$236.22 Million
CITIC Guoan Information Industry Co Ltd SHE:000839	China	CN¥4.90 Billion
Asuransi Jiwa Sinarmas Msig PT JK:LIFE	Indonesia	Rp6.71 Trillion
Essity AB (publ) ST:ESSITY-A	Sweden	Skr88.36 Billion
Bonesupport Holding AB ST:BONEX	Sweden	Skr169.24 Million
Odontoprev S.A SA:ODPV3	Brazil	R$958.26 Million

Liability Composition Analysis (2021–2025)

This chart breaks down Guangdong Mingyang Electric Co. Ltd. A'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. See Guangdong Mingyang Electric Co. Ltd. A balance sheet quality to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	1.68	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	0.88	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.47	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 Guangdong Mingyang Electric Co. Ltd. A's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Guangdong Mingyang Electric Co. Ltd. A (2021–2025)

The table below shows the annual total liabilities of Guangdong Mingyang Electric Co. Ltd. A from 2021 to 2025.

Year	Total Liabilities	Change
2025-12-31	CN¥4.40 Billion ≈ $644.45 Million	-5.60%
2024-12-31	CN¥4.67 Billion ≈ $682.72 Million	+28.28%
2023-12-31	CN¥3.64 Billion ≈ $532.22 Million	+28.68%
2022-12-31	CN¥2.83 Billion ≈ $413.60 Million	+46.10%
2021-12-31	CN¥1.93 Billion ≈ $283.10 Million	--

About Guangdong Mingyang Electric Co. Ltd. A

SHE:301291 China Electrical Equipment & Parts

Market Cap

$1.57 Billion

CN¥10.70 Billion CNY

Market Cap Rank

#7095 Global

#1497 in China

Share Price

CN¥34.02

Change (1 day)

+0.65%

52-Week Range

CN¥32.10 - CN¥70.51

All Time High

CN¥70.51