Hongfa Technology Co Ltd (600885) - Total Liabilities
Based on the latest financial reports, Hongfa Technology Co Ltd (600885) has total liabilities worth CN¥8.34 Billion CNY (≈ $1.22 Billion 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 Hongfa Technology Co Ltd generate cash to assess how effectively this company generates cash.
Hongfa Technology Co Ltd - Total Liabilities Trend (1992–2024)
This chart illustrates how Hongfa Technology Co Ltd's total liabilities have evolved over time, based on quarterly financial data. Check 600885 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Hongfa Technology Co Ltd Competitors by Total Liabilities
The table below lists competitors of Hongfa Technology Co Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Barry Callebaut AG
SW:BARN
|
Switzerland | CHF10.02 Billion |
|
Engie Brasil Energia S.A.
SA:EGIE3
|
Brazil | R$41.40 Billion |
|
GDS Holdings Limited
F:G40
|
Germany | €51.83 Billion |
|
Huadian Energy
SHG:600726
|
China | CN¥25.25 Billion |
|
Chime Financial, Inc. Class A Common Stock
NASDAQ:CHYM
|
USA | $562.90 Million |
|
Sunwoda Electronic
SHE:300207
|
China | CN¥67.91 Billion |
|
Grupo Cibest S.A.
NYSE:CIB
|
USA | $331.04 Trillion |
Liability Composition Analysis (1992–2024)
This chart breaks down Hongfa Technology 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 Hongfa Technology Co Ltd (600885) total market value.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.83 | 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 | 0.38 | 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 Hongfa Technology Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Hongfa Technology Co Ltd (1992–2024)
The table below shows the annual total liabilities of Hongfa Technology Co Ltd from 1992 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CN¥8.12 Billion ≈ $1.19 Billion |
+21.84% |
| 2023-12-31 | CN¥6.67 Billion ≈ $975.45 Million |
+10.40% |
| 2022-12-31 | CN¥6.04 Billion ≈ $883.56 Million |
+22.49% |
| 2021-12-31 | CN¥4.93 Billion ≈ $721.34 Million |
+43.18% |
| 2020-12-31 | CN¥3.44 Billion ≈ $503.79 Million |
-4.54% |
| 2019-12-31 | CN¥3.61 Billion ≈ $527.75 Million |
+23.84% |
| 2018-12-31 | CN¥2.91 Billion ≈ $426.14 Million |
+22.92% |
| 2017-12-31 | CN¥2.37 Billion ≈ $346.69 Million |
+20.76% |
| 2016-12-31 | CN¥1.96 Billion ≈ $287.10 Million |
+31.94% |
| 2015-12-31 | CN¥1.49 Billion ≈ $217.60 Million |
+19.09% |
| 2014-12-31 | CN¥1.25 Billion ≈ $182.72 Million |
-12.97% |
| 2013-12-31 | CN¥1.43 Billion ≈ $209.96 Million |
+9.91% |
| 2012-12-31 | CN¥1.31 Billion ≈ $191.03 Million |
+71.34% |
| 2011-12-31 | CN¥761.89 Million ≈ $111.49 Million |
+36.43% |
| 2010-12-31 | CN¥558.45 Million ≈ $81.72 Million |
-4.33% |
| 2009-12-31 | CN¥583.71 Million ≈ $85.42 Million |
-14.18% |
| 2008-12-31 | CN¥680.17 Million ≈ $99.53 Million |
+14.93% |
| 2007-12-31 | CN¥591.83 Million ≈ $86.60 Million |
+3.99% |
| 2006-12-31 | CN¥569.13 Million ≈ $83.28 Million |
-6.80% |
| 2005-12-31 | CN¥610.67 Million ≈ $89.36 Million |
-0.32% |
| 2004-12-31 | CN¥612.65 Million ≈ $89.65 Million |
+40.59% |
| 2003-12-31 | CN¥435.76 Million ≈ $63.77 Million |
+12.32% |
| 2002-12-31 | CN¥387.96 Million ≈ $56.77 Million |
-5.41% |
| 2001-12-31 | CN¥410.14 Million ≈ $60.02 Million |
+39.36% |
| 2000-12-31 | CN¥294.30 Million ≈ $43.06 Million |
+8.35% |
| 1999-12-31 | CN¥271.62 Million ≈ $39.75 Million |
+6.84% |
| 1998-12-31 | CN¥254.23 Million ≈ $37.20 Million |
+2.02% |
| 1997-12-31 | CN¥249.20 Million ≈ $36.47 Million |
+7.89% |
| 1996-12-31 | CN¥230.98 Million ≈ $33.80 Million |
-8.71% |
| 1995-12-31 | CN¥253.03 Million ≈ $37.03 Million |
+31.34% |
| 1994-12-31 | CN¥192.65 Million ≈ $28.19 Million |
+15.50% |
| 1993-12-31 | CN¥166.80 Million ≈ $24.41 Million |
+71.16% |
| 1992-12-31 | CN¥97.45 Million ≈ $14.26 Million |
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About Hongfa Technology Co Ltd
Hongfa Technology Co., Ltd. manufactures and supplies relays, medium and low voltage electrical appliances, high and low voltage complete equipment, connectors, capacitors, precision parts, and automation equipment worldwide. The company offers industrial, power, latching, automotive, signal, high voltage DC, high frequency relays, as well as relay sockets and modules; and low-voltage devices, su… Read more