SEC Electric Mach Co Ltd (603988) - Total Liabilities

Latest as of September 2025: CN¥435.32 Million CNY ≈ $63.70 Million USD

Based on the latest financial reports, SEC Electric Mach Co Ltd (603988) has total liabilities worth CN¥435.32 Million CNY (≈ $63.70 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 SEC Electric Mach Co Ltd (603988) long-term investment share to see how much of total assets are deployed in long-term investments.

SEC Electric Mach Co Ltd - Total Liabilities Trend (2011–2024)

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

SEC Electric Mach Co Ltd Competitors by Total Liabilities

The table below lists competitors of SEC Electric Mach Co Ltd ranked by their total liabilities.

Company	Country	Total Liabilities
Hanwha General KO:000370	Korea	₩18.07 Trillion
Lotte Tour Dev KO:032350	Korea	₩1.80 Trillion
TrueLight TWO:3234	Taiwan	NT$270.56 Million
Rongsheng Paper SHG:603165	China	CN¥2.04 Billion
Xiangxue Pharmaceutical SHE:300147	China	CN¥6.89 Billion
ECN Capital Corp TO:ECN	Canada	CA$757.90 Million
Hangzhou Shenhao Technology Co Ltd SHE:300853	China	CN¥1.00 Billion
Hainan Haiqi Transportation Group Co Ltd SHG:603069	China	CN¥1.80 Billion

Liability Composition Analysis (2011–2024)

This chart breaks down SEC Electric Mach 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. See SEC Electric Mach Co Ltd balance sheet independence to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	2.37	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	0.65	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.39	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 SEC Electric Mach Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for SEC Electric Mach Co Ltd (2011–2024)

The table below shows the annual total liabilities of SEC Electric Mach Co Ltd from 2011 to 2024.

Year	Total Liabilities	Change
2024-12-31	CN¥474.68 Million ≈ $69.46 Million	+6.13%
2023-12-31	CN¥447.25 Million ≈ $65.45 Million	-17.99%
2022-12-31	CN¥545.39 Million ≈ $79.81 Million	-11.45%
2021-12-31	CN¥615.91 Million ≈ $90.13 Million	+21.04%
2020-12-31	CN¥508.86 Million ≈ $74.46 Million	+41.72%
2019-12-31	CN¥359.06 Million ≈ $52.54 Million	+24.75%
2018-12-31	CN¥287.83 Million ≈ $42.12 Million	+19.33%
2017-12-31	CN¥241.20 Million ≈ $35.30 Million	+27.06%
2016-12-31	CN¥189.83 Million ≈ $27.78 Million	+11.22%
2015-12-31	CN¥170.68 Million ≈ $24.98 Million	-11.25%
2014-12-31	CN¥192.31 Million ≈ $28.14 Million	-22.42%
2013-12-31	CN¥247.90 Million ≈ $36.28 Million	+1.60%
2012-12-31	CN¥244.00 Million ≈ $35.71 Million	-23.18%
2011-12-31	CN¥317.65 Million ≈ $46.48 Million	--

About SEC Electric Mach Co Ltd

SHG:603988 China Specialty Industrial Machinery

Market Cap

$631.90 Million

CN¥4.32 Billion CNY

Market Cap Rank

#11148 Global

#3112 in China

Share Price

CN¥18.36

Change (1 day)

+0.38%

52-Week Range

CN¥13.92 - CN¥38.13

All Time High

CN¥38.13