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

Latest as of March 2026: CN¥4.21 Billion CNY ≈ $616.65 Million USD

Based on the latest financial reports, Guangdong Mingyang Electric Co. Ltd. A (301291) has total liabilities worth CN¥4.21 Billion CNY (≈ $616.65 Million USD) as of March 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. Also explore Guangdong Mingyang Electric Co. Ltd. A net asset momentum to track the company's year-over-year net asset growth rate.

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. See cash generation quality of Guangdong Mingyang Electric Co. Ltd. A to measure how efficiently the company converts operating cash flow to free cash.

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
City Holding Company
NASDAQ:CHCO
USA $5.97 Billion
BaoViet Holdings
VN:BVH
Vietnam ₫281.19 Trillion
Anhui Kouzi Distillery Co Ltd
SHG:603589
China CN¥2.23 Billion
Thaifoods Group Public Company Limited
BK:TFG-R
Thailand ฿26.92 Billion
Megaport Ltd
AU:MP1
Australia AU$437.11 Million
Sonida Senior Living Inc
NYSE:SNDA
USA $788.59 Million
Fagron NV
BR:FAGR
Belgium €686.87 Million
Banpu Public Company Limited
BK:BANPU
Thailand ฿9.39 Billion

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. For the full company profile including market capitalisation, see Guangdong Mingyang Electric Co. Ltd. A (301291) total market value.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio 1.73 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 0.83 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.45 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
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About Guangdong Mingyang Electric Co. Ltd. A

SHE:301291 China Electrical Equipment & Parts
Market Cap
$1.81 Billion
CN¥12.39 Billion CNY
Market Cap Rank
#6433 Global
#1278 in China
Share Price
CN¥39.43
Change (1 day)
+3.00%
52-Week Range
CN¥34.75 - CN¥70.51
All Time High
CN¥70.51
About

Guangdong Mingyang Electric Co.,Ltd. engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China. It offers box transformers, prefabricated substation and transformer equipment, and intelligent devices and systems. The company serves power generation, power grid, data center, rail transit, petro… Read more