Friend Co Ltd (605050) - Total Liabilities
Based on the latest financial reports, Friend Co Ltd (605050) has total liabilities worth CN¥4.13 Billion CNY (≈ $604.99 Million USD) as of June 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 financial resilience of Friend Co Ltd to evaluate the company's liquid asset resilience ratio.
Friend Co Ltd - Total Liabilities Trend (2016–2024)
This chart illustrates how Friend Co Ltd's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see balance sheet size of Friend Co Ltd.
Friend Co Ltd Competitors by Total Liabilities
The table below lists competitors of Friend Co Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Ning Xia Yin Xing Energy Co Ltd
SHE:000862
|
China | CN¥4.29 Billion |
|
MorningStar Partners, L.P.
NYSE:TXO
|
USA | $487.10 Million |
|
Guilin Layn Natural Ingredients Corp
SHE:002166
|
China | CN¥1.85 Billion |
|
Weihai Guangtai Airport Equipment Co Ltd
SHE:002111
|
China | CN¥3.43 Billion |
|
Prashkovsky
TA:PRSK
|
Israel | ILA5.04 Billion |
|
Shanghai Pudong Road & Bridge Construction Co Ltd
SHG:600284
|
China | CN¥22.52 Billion |
|
Da-Cin Construction Co Ltd
TW:2535
|
Taiwan | NT$18.87 Billion |
|
Beijing Global Safety Technology Co Ltd
SHE:300523
|
China | CN¥2.78 Billion |
Liability Composition Analysis (2016–2024)
This chart breaks down Friend 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 Friend Co Ltd (605050) net asset quality to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.76 | 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 | 0.97 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.48 | 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 Friend Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Friend Co Ltd (2016–2024)
The table below shows the annual total liabilities of Friend Co Ltd from 2016 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CN¥4.23 Billion ≈ $618.72 Million |
+62.85% |
| 2023-12-31 | CN¥2.60 Billion ≈ $379.93 Million |
-8.76% |
| 2022-12-31 | CN¥2.85 Billion ≈ $416.42 Million |
-12.39% |
| 2021-12-31 | CN¥3.25 Billion ≈ $475.32 Million |
+32.21% |
| 2020-12-31 | CN¥2.46 Billion ≈ $359.53 Million |
+28.48% |
| 2019-12-31 | CN¥1.91 Billion ≈ $279.83 Million |
+29.14% |
| 2018-12-31 | CN¥1.48 Billion ≈ $216.68 Million |
+4.72% |
| 2017-12-31 | CN¥1.41 Billion ≈ $206.92 Million |
-27.34% |
| 2016-12-31 | CN¥1.95 Billion ≈ $284.77 Million |
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About Friend Co Ltd
Friend Co.,Ltd., together with its subsidiaries, provides steel logistics supply chain services for medium and high-end automobile, home appliance, and other related enterprises in China and internationally. The company offers procurement, processing, warehousing, cutting, packaging, transportation, and distribution services, as well as corresponding technical support services. It also provides g… Read more