Shanghai Shine-Link Intl (603648) - Total Liabilities

Latest as of September 2025: CN¥562.95 Million CNY ≈ $82.38 Million USD

Based on the latest financial reports, Shanghai Shine-Link Intl (603648) has total liabilities worth CN¥562.95 Million CNY (≈ $82.38 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 603648 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Shanghai Shine-Link Intl - Total Liabilities Trend (2012–2024)

This chart illustrates how Shanghai Shine-Link Intl's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see total assets of Shanghai Shine-Link Intl.

Shanghai Shine-Link Intl Competitors by Total Liabilities

The table below lists competitors of Shanghai Shine-Link Intl ranked by their total liabilities.

Company	Country	Total Liabilities
Direct Finance TA TA:DIFI	Israel	ILA8.95 Billion
Pansoft Company Limited SHE:300996	China	CN¥169.81 Million
Qifeng New Material Co Ltd SHE:002521	China	CN¥1.43 Billion
Zhejiang Yilida Ventilator Co Ltd SHE:002686	China	CN¥1.28 Billion
Zhe Jiang Li Zi Yuan Food Co Ltd SHG:605337	China	CN¥1.59 Billion
Xiamen Yanjan New Material Co Ltd SHE:300658	China	CN¥1.53 Billion
Daou Data Corp KQ:032190	Korea	₩67.26 Trillion
United States Cellular Corporation NYSE:USM	USA	$2.38 Billion

Liability Composition Analysis (2012–2024)

This chart breaks down Shanghai Shine-Link Intl'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 603648 net asset quality index to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	2.78	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	0.31	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.23	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 Shine-Link Intl's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Shanghai Shine-Link Intl (2012–2024)

The table below shows the annual total liabilities of Shanghai Shine-Link Intl from 2012 to 2024.

Year	Total Liabilities	Change
2024-12-31	CN¥702.33 Million ≈ $102.77 Million	+7.41%
2023-12-31	CN¥653.86 Million ≈ $95.68 Million	+42.59%
2022-12-31	CN¥458.57 Million ≈ $67.10 Million	-7.39%
2021-12-31	CN¥495.18 Million ≈ $72.46 Million	+131.78%
2020-12-31	CN¥213.64 Million ≈ $31.26 Million	-16.75%
2019-12-31	CN¥256.61 Million ≈ $37.55 Million	-21.10%
2018-12-31	CN¥325.23 Million ≈ $47.59 Million	+13.85%
2017-12-31	CN¥285.68 Million ≈ $41.80 Million	+18.79%
2016-12-31	CN¥240.48 Million ≈ $35.19 Million	-4.45%
2015-12-31	CN¥251.69 Million ≈ $36.83 Million	+6.12%
2014-12-31	CN¥237.17 Million ≈ $34.71 Million	-45.04%
2013-12-31	CN¥431.57 Million ≈ $63.15 Million	-63.88%
2012-12-31	CN¥1.19 Billion ≈ $174.85 Million	--

About Shanghai Shine-Link Intl

SHG:603648 China Integrated Freight & Logistics

Market Cap

$514.41 Million

CN¥3.52 Billion CNY

Market Cap Rank

#12233 Global

#3588 in China

Share Price

CN¥9.70

Change (1 day)

+0.52%

52-Week Range

CN¥8.42 - CN¥11.50

All Time High

CN¥29.33