Xingguang Agricultural Mach (603789) - Total Liabilities
Based on the latest financial reports, Xingguang Agricultural Mach (603789) has total liabilities worth CN¥988.29 Million CNY (≈ $144.62 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 Xingguang Agricultural Mach strategic investment ratio to see how much of total assets are deployed in long-term investments.
Xingguang Agricultural Mach - Total Liabilities Trend (2011–2024)
This chart illustrates how Xingguang Agricultural Mach's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see Xingguang Agricultural Mach (603789) total assets.
Xingguang Agricultural Mach Competitors by Total Liabilities
The table below lists competitors of Xingguang Agricultural Mach ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Ammo Inc
NASDAQ:POWW
|
USA | $34.86 Million |
|
Tian Zheng International Precision Machinery Co Ltd
TWO:6654
|
Taiwan | NT$1.08 Billion |
|
Silvaco Group, Inc. Common Stock
NASDAQ:SVCO
|
USA | $31.65 Million |
|
Shenzhen Auto Electric Power Plant Co Ltd
SHE:002227
|
China | CN¥516.00 Million |
|
Dong-A St
KO:170900
|
Korea | ₩740.40 Billion |
|
Polyram Plastic Industries Ltd
TA:POLP
|
Israel | ILA654.38 Million |
|
Vine Hill Capital Investment Corp. II Class A Ordinary Shares
NASDAQ:VHCP
|
USA | $8.47 Million |
|
ITHAX Acquisition Corp III Class A Ordinary Shares
NASDAQ:ITHA
|
USA | $43.54K |
Liability Composition Analysis (2011–2024)
This chart breaks down Xingguang Agricultural Mach'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 Xingguang Agricultural Mach balance sheet quality to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.12 | 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 | 5.72 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.79 | 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 Xingguang Agricultural Mach's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Xingguang Agricultural Mach (2011–2024)
The table below shows the annual total liabilities of Xingguang Agricultural Mach from 2011 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CN¥877.15 Million ≈ $128.36 Million |
+5.30% |
| 2023-12-31 | CN¥833.03 Million ≈ $121.90 Million |
+48.16% |
| 2022-12-31 | CN¥562.25 Million ≈ $82.28 Million |
-15.94% |
| 2021-12-31 | CN¥668.89 Million ≈ $97.88 Million |
+27.45% |
| 2020-12-31 | CN¥524.83 Million ≈ $76.80 Million |
-13.26% |
| 2019-12-31 | CN¥605.10 Million ≈ $88.54 Million |
+16.79% |
| 2018-12-31 | CN¥518.09 Million ≈ $75.81 Million |
+56.21% |
| 2017-12-31 | CN¥331.66 Million ≈ $48.53 Million |
-24.97% |
| 2016-12-31 | CN¥442.01 Million ≈ $64.68 Million |
+378.42% |
| 2015-12-31 | CN¥92.39 Million ≈ $13.52 Million |
-69.20% |
| 2014-12-31 | CN¥300.00 Million ≈ $43.90 Million |
+62.95% |
| 2013-12-31 | CN¥184.10 Million ≈ $26.94 Million |
-44.22% |
| 2012-12-31 | CN¥330.04 Million ≈ $48.30 Million |
+57.50% |
| 2011-12-31 | CN¥209.55 Million ≈ $30.66 Million |
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About Xingguang Agricultural Mach
Thinker Agricultural Machinery Co., Ltd. engages in the research and development, manufacture, sale, and service of agricultural machinery in China and internationally. Its products include grain harvesting, grain crop harvesting, grain processing, farming, power, and hay harvesting machineries. The company was founded in 2004 and is based in Huzhou, China.