Ming Yang Smart Energy Group Ltd (601615) - Total Liabilities
Based on the latest financial reports, Ming Yang Smart Energy Group Ltd (601615) has total liabilities worth CN¥63.91 Billion CNY (≈ $9.35 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 Ming Yang Smart Energy Group Ltd generate cash to assess how effectively this company generates cash.
Ming Yang Smart Energy Group Ltd - Total Liabilities Trend (2007–2024)
This chart illustrates how Ming Yang Smart Energy Group Ltd's total liabilities have evolved over time, based on quarterly financial data. Check 601615 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Ming Yang Smart Energy Group Ltd Competitors by Total Liabilities
The table below lists competitors of Ming Yang Smart Energy Group Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Legence Corp. Class A Common stock
NASDAQ:LGN
|
USA | $1.77 Billion |
|
China Great Wall Securities Co Ltd Class A
SHE:002939
|
China | CN¥103.88 Billion |
|
GalaxyCore Inc
SHG:688728
|
China | CN¥-7.82 Billion |
|
Gecina SA
PA:GFC
|
France | €7.44 Billion |
|
Immunovant Inc
NASDAQ:IMVT
|
USA | $66.26 Million |
|
MSC Industrial Direct Company Inc
NYSE:MSM
|
USA | $1.10 Billion |
|
Beijing Oriental Yuhong Waterproof Technology Co Ltd
SHE:002271
|
China | CN¥21.37 Billion |
|
EFG International AG
SW:EFGN
|
Switzerland | CHF35.27 Billion |
Liability Composition Analysis (2007–2024)
This chart breaks down Ming Yang Smart Energy Group 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 601615 market cap overview.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.17 | 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 | 2.42 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.70 | 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 Ming Yang Smart Energy Group Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Ming Yang Smart Energy Group Ltd (2007–2024)
The table below shows the annual total liabilities of Ming Yang Smart Energy Group Ltd from 2007 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CN¥59.53 Billion ≈ $8.71 Billion |
+7.44% |
| 2023-12-31 | CN¥55.41 Billion ≈ $8.11 Billion |
+36.55% |
| 2022-12-31 | CN¥40.57 Billion ≈ $5.94 Billion |
-5.64% |
| 2021-12-31 | CN¥43.00 Billion ≈ $6.29 Billion |
+17.67% |
| 2020-12-31 | CN¥36.54 Billion ≈ $5.35 Billion |
+32.39% |
| 2019-12-31 | CN¥27.60 Billion ≈ $4.04 Billion |
+58.24% |
| 2018-12-31 | CN¥17.44 Billion ≈ $2.55 Billion |
+17.33% |
| 2017-12-31 | CN¥14.87 Billion ≈ $2.18 Billion |
+3.08% |
| 2016-12-31 | CN¥14.42 Billion ≈ $2.11 Billion |
+21.74% |
| 2015-12-31 | CN¥11.85 Billion ≈ $1.73 Billion |
+20.54% |
| 2014-12-31 | CN¥9.83 Billion ≈ $1.44 Billion |
+31.40% |
| 2013-12-31 | CN¥7.48 Billion ≈ $1.09 Billion |
-4.35% |
| 2012-12-31 | CN¥7.82 Billion ≈ $1.14 Billion |
+17.56% |
| 2011-12-31 | CN¥6.65 Billion ≈ $973.29 Million |
+48.86% |
| 2010-12-31 | CN¥4.47 Billion ≈ $653.83 Million |
+80.93% |
| 2009-12-31 | CN¥2.47 Billion ≈ $361.37 Million |
+238.57% |
| 2008-12-31 | CN¥729.40 Million ≈ $106.73 Million |
+3088.08% |
| 2007-12-31 | CN¥22.88 Million ≈ $3.35 Million |
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About Ming Yang Smart Energy Group Ltd
Ming Yang Smart Energy Group Limited engages in the research and development, design, manufacture, sale, maintenance, and operation of energy equipment, wind turbines, and core components in China. It offers onshore and offshore wind turbines; manufactures fan blades; offshore wind power technology; sells platform; wind power equipment; wind power project investment; photovoltaic product; energy … Read more