Ming Yang Smart Energy Group Ltd (601615) - Total Liabilities

Latest as of March 2026: CN¥70.26 Billion CNY ≈ $10.28 Billion USD

Based on the latest financial reports, Ming Yang Smart Energy Group Ltd (601615) has total liabilities worth CN¥70.26 Billion CNY (≈ $10.28 Billion 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 601615 net assets growth trend to track the company's year-over-year net asset growth rate.

Ming Yang Smart Energy Group Ltd - Total Liabilities Trend (2007–2025)

This chart illustrates how Ming Yang Smart Energy Group Ltd's total liabilities have evolved over time, based on quarterly financial data. See Ming Yang Smart Energy Group Ltd free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

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
Nanning Chemical Industry Co Ltd SHG:600301	China	CN¥2.93 Billion
Catalyst Pharmaceuticals Inc NASDAQ:CPRX	USA	$134.91 Million
flatexDEGIRO AG XETRA:FTK	Germany	€6.54 Billion
LivaNova PLC NASDAQ:LIVN	USA	$1.30 Billion
Avic Aviation High Technology Co Ltd SHG:600862	China	CN¥2.88 Billion
Shenzhen Chengxin Lithium Group Co Ltd SHE:002240	China	CN¥11.01 Billion
IONOS GROUP N XETRA:IOS	Germany	€1.38 Billion
Blue Star Limited NSE:BLUESTARCO	India	Rs51.31 Billion

Liability Composition Analysis (2007–2025)

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 stock market capitalisation.

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	2.66	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.72	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 (2007–2025)

The table below shows the annual total liabilities of Ming Yang Smart Energy Group Ltd from 2007 to 2025.

Year	Total Liabilities	Change
2025-12-31	CN¥69.46 Billion ≈ $10.16 Billion	+16.67%
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	--

About Ming Yang Smart Energy Group Ltd

SHG:601615 China Specialty Industrial Machinery

Market Cap

$3.85 Billion

CN¥26.30 Billion CNY

Market Cap Rank

#4162 Global

#617 in China

Share Price

CN¥11.63

Change (1 day)

+4.30%

52-Week Range

CN¥10.07 - CN¥25.85

All Time High

CN¥34.61