Shanghai Hugong Elec(Group) (603131) - Total Liabilities
Based on the latest financial reports, Shanghai Hugong Elec(Group) (603131) has total liabilities worth CN¥870.11 Million CNY (≈ $127.32 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. Explore Shanghai Hugong Elec(Group) cash conversion from operations to assess how effectively this company generates cash.
Shanghai Hugong Elec(Group) - Total Liabilities Trend (2011–2024)
This chart illustrates how Shanghai Hugong Elec(Group)'s total liabilities have evolved over time, based on quarterly financial data. Check Shanghai Hugong Elec(Group) (603131) asset resilience to evaluate the company's liquid asset resilience ratio.
Shanghai Hugong Elec(Group) Competitors by Total Liabilities
The table below lists competitors of Shanghai Hugong Elec(Group) ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Wangneng Environment Co Ltd
SHE:002034
|
China | CN¥7.05 Billion |
|
Holy Stone Enterprise Co Ltd
TW:3026
|
Taiwan | NT$5.79 Billion |
|
Safety Insurance Group Inc
NASDAQ:SAFT
|
USA | $1.58 Billion |
|
Zhongzhong Science & Technology (Tianjin) Co. Ltd. A
SHG:603135
|
China | CN¥868.79 Million |
|
Usinas Siderúrgicas de Minas Gerais S.A
SA:USIM3
|
Brazil | R$13.13 Billion |
|
Opera Ltd
NASDAQ:OPRA
|
USA | $112.15 Million |
|
Wuxi Online Offline Communication Information Technology Co. Ltd.
SHE:300959
|
China | CN¥184.80 Million |
Liability Composition Analysis (2011–2024)
This chart breaks down Shanghai Hugong Elec(Group)'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 Shanghai Hugong Elec(Group) market cap and net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 3.98 | 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 | 0.71 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.42 | 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 Shanghai Hugong Elec(Group)'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Shanghai Hugong Elec(Group) (2011–2024)
The table below shows the annual total liabilities of Shanghai Hugong Elec(Group) from 2011 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CN¥1.00 Billion ≈ $146.34 Million |
+4.53% |
| 2023-12-31 | CN¥956.76 Million ≈ $140.00 Million |
-9.32% |
| 2022-12-31 | CN¥1.06 Billion ≈ $154.39 Million |
+3.79% |
| 2021-12-31 | CN¥1.02 Billion ≈ $148.76 Million |
+1.45% |
| 2020-12-31 | CN¥1.00 Billion ≈ $146.64 Million |
+160.46% |
| 2019-12-31 | CN¥384.75 Million ≈ $56.30 Million |
+17.49% |
| 2018-12-31 | CN¥327.47 Million ≈ $47.92 Million |
+33.75% |
| 2017-12-31 | CN¥244.84 Million ≈ $35.83 Million |
+49.02% |
| 2016-12-31 | CN¥164.30 Million ≈ $24.04 Million |
+36.40% |
| 2015-12-31 | CN¥120.46 Million ≈ $17.63 Million |
-12.86% |
| 2014-12-31 | CN¥138.24 Million ≈ $20.23 Million |
+16.49% |
| 2013-12-31 | CN¥118.67 Million ≈ $17.36 Million |
-0.87% |
| 2012-12-31 | CN¥119.71 Million ≈ $17.52 Million |
-10.75% |
| 2011-12-31 | CN¥134.12 Million ≈ $19.63 Million |
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About Shanghai Hugong Elec(Group)
Shanghai Hugong Electric Group Co.,Ltd. manufactures and sells welding and cutting equipment in China and internationally. The company offers welding machines, including stick welders, MIG/MAG welders, TIG welders, plasma cutters, submerged arc welders, engine driven welders, and laser welders; laser cutting machines; and plasma cutting machines comprising CNC flame and plasma cutting machines, a… Read more