Huali Industries (603038) - Total Liabilities

Latest as of September 2025: CN¥1.23 Billion CNY ≈ $180.10 Million USD

Based on the latest financial reports, Huali Industries (603038) has total liabilities worth CN¥1.23 Billion CNY (≈ $180.10 Million 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. Check 603038 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Huali Industries - Total Liabilities Trend (2011–2024)

This chart illustrates how Huali Industries's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see Huali Industries assets under control.

Huali Industries Competitors by Total Liabilities

The table below lists competitors of Huali Industries ranked by their total liabilities.

Company	Country	Total Liabilities
Bestsun Energy Co Ltd SHG:600681	China	CN¥4.03 Billion
Weikeng Industrial Co Ltd TW:3033	Taiwan	NT$45.55 Billion
Midland States Bancorp, Inc. NASDAQ:MSBI	USA	$6.13 Billion
Root Inc NASDAQ:ROOT	USA	$1.34 Billion
Elec-Tech International Co Ltd SHE:002005	China	CN¥736.50 Million
Chin Hung Int' KO:002780	Korea	₩322.19 Billion
Danel (Adir Yeoshua) Ltd TA:DANE	Israel	ILA907.58 Million
Turkiye Sinai Kalkinma Bankasi AS IS:TSKB	Turkey	TL251.26 Billion

Liability Composition Analysis (2011–2024)

This chart breaks down Huali Industries'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 603038 equity financing ratio to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	1.47	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	0.43	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 Huali Industries's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Huali Industries (2011–2024)

The table below shows the annual total liabilities of Huali Industries from 2011 to 2024.

Year	Total Liabilities	Change
2024-12-31	CN¥1.32 Billion ≈ $193.79 Million	+98.70%
2023-12-31	CN¥666.49 Million ≈ $97.53 Million	-1.40%
2022-12-31	CN¥675.94 Million ≈ $98.91 Million	-0.42%
2021-12-31	CN¥678.80 Million ≈ $99.33 Million	+31.44%
2020-12-31	CN¥516.43 Million ≈ $75.57 Million	+56.00%
2019-12-31	CN¥331.05 Million ≈ $48.44 Million	+37.78%
2018-12-31	CN¥240.27 Million ≈ $35.16 Million	+17.05%
2017-12-31	CN¥205.27 Million ≈ $30.04 Million	-14.18%
2016-12-31	CN¥239.20 Million ≈ $35.00 Million	+16.60%
2015-12-31	CN¥205.14 Million ≈ $30.02 Million	+9.00%
2014-12-31	CN¥188.20 Million ≈ $27.54 Million	+36.19%
2013-12-31	CN¥138.19 Million ≈ $20.22 Million	-10.75%
2012-12-31	CN¥154.83 Million ≈ $22.66 Million	+28.12%
2011-12-31	CN¥120.85 Million ≈ $17.68 Million	--

About Huali Industries

SHG:603038 China Furnishings, Fixtures & Appliances

Market Cap

$682.13 Million

CN¥4.66 Billion CNY

Market Cap Rank

#10792 Global

#2963 in China

Share Price

CN¥17.35

Change (1 day)

+2.36%

52-Week Range

CN¥11.47 - CN¥23.07

All Time High

CN¥137.66