Red Avenue New Materials Group Co Ltd (603650) - Total Liabilities
Based on the latest financial reports, Red Avenue New Materials Group Co Ltd (603650) has total liabilities worth CN¥5.43 Billion CNY (≈ $794.21 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 cash efficiency ratio of Red Avenue New Materials Group Co Ltd to assess how effectively this company generates cash.
Red Avenue New Materials Group Co Ltd - Total Liabilities Trend (2014–2024)
This chart illustrates how Red Avenue New Materials Group Co Ltd's total liabilities have evolved over time, based on quarterly financial data. Check how resilient are Red Avenue New Materials Group Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Red Avenue New Materials Group Co Ltd Competitors by Total Liabilities
The table below lists competitors of Red Avenue New Materials Group Co Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Galenica Sante AG
SW:GALE
|
Switzerland | CHF1.62 Billion |
|
Phillips Edison & Co Inc
NASDAQ:PECO
|
USA | $2.70 Billion |
|
Mercury Systems Inc
NASDAQ:MRCY
|
USA | $1.04 Billion |
|
Ho Chi Minh City Development Joint Stock Commercial Bank
VN:HDB
|
Vietnam | ₫852.84 Trillion |
|
ShenZhen YUTO Packaging Technology Co Ltd
SHE:002831
|
China | CN¥10.67 Billion |
|
COSCO SHIPPING Holdings Co. Ltd
F:C6G
|
Germany | €215.60 Billion |
|
Sam Yang Foods
KO:003230
|
Korea | ₩984.28 Billion |
Liability Composition Analysis (2014–2024)
This chart breaks down Red Avenue New Materials Group Co 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 Red Avenue New Materials Group Co Ltd stock valuation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.32 | 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 | 1.56 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.60 | 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 Red Avenue New Materials Group Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Red Avenue New Materials Group Co Ltd (2014–2024)
The table below shows the annual total liabilities of Red Avenue New Materials Group Co Ltd from 2014 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CN¥4.95 Billion ≈ $724.31 Million |
+29.27% |
| 2023-12-31 | CN¥3.83 Billion ≈ $560.30 Million |
+2.96% |
| 2022-12-31 | CN¥3.72 Billion ≈ $544.21 Million |
+18.50% |
| 2021-12-31 | CN¥3.14 Billion ≈ $459.24 Million |
+59.23% |
| 2020-12-31 | CN¥1.97 Billion ≈ $288.41 Million |
+17.48% |
| 2019-12-31 | CN¥1.68 Billion ≈ $245.51 Million |
+95.30% |
| 2018-12-31 | CN¥859.06 Million ≈ $125.71 Million |
+26.62% |
| 2017-12-31 | CN¥678.46 Million ≈ $99.28 Million |
+6.49% |
| 2016-12-31 | CN¥637.10 Million ≈ $93.23 Million |
-36.80% |
| 2015-12-31 | CN¥1.01 Billion ≈ $147.51 Million |
+21.56% |
| 2014-12-31 | CN¥829.29 Million ≈ $121.35 Million |
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About Red Avenue New Materials Group Co Ltd
Red Avenue New Materials Group Co., Ltd. engages in the provision of new materials in China and internationally. The company offers resins, such as tackifying resin, P-tert-butyl Phenol formaldehyde tackifying resin, P-octyl Phenol formaldehyde tackifying resin, straight Phenol formaldehyde resin, tall oil modification Phenol formaldehyde resin, CNSL modified phenol formaldehyde reinforcing resin… Read more