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.

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. See SEC Electric Mach Co Ltd (603988) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

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
Chang Jiang Shipping Group Phoenix Co Ltd SHE:000520	China	CN¥274.69 Million
Henan Taloph Pharmaceutical Stock Co Ltd SHG:600222	China	CN¥2.01 Billion
Guizhou Chitianhua Co Ltd SHG:600227	China	CN¥2.12 Billion
Diagnósticos da América S.A SA:DASA3	Brazil	R$13.26 Billion
Talkspace Inc NASDAQ:TALK	USA	$19.95 Million
PNE AG XETRA:PNE3	Germany	€1.13 Billion
TVS Supply Chain Solutions Limited NSE:TVSSCS	India	Rs43.16 Billion
BEH Property Co Ltd SHG:600791	China	CN¥13.32 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. For the full company profile including market capitalisation, see 603988 market cap.

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

$649.80 Million

CN¥4.44 Billion CNY

Market Cap Rank

#11103 Global

#3143 in China

Share Price

CN¥18.88

Change (1 day)

-1.36%

52-Week Range

CN¥18.65 - CN¥38.13

All Time High

CN¥38.13