Mingxin Automotive Leather Co. Ltd.
Mingxin New Material Co.,Ltd. engages in the research, development, production and sales of automotive interior materials in China. The company offers Verona microfiber, Menocra microfiber, Mingxin leather, and Hurongo PU materials used in seats, steering wheels, dashboards, headrests, armrests, ceilings, etc. The company was formerly known as Mingxin Automotive Leather Co., Ltd. and changed its … Read more
Mingxin Automotive Leather Co. Ltd. (605068) - Total Liabilities
Latest total liabilities as of June 2025: CN¥1.97 Billion CNY
Based on the latest financial reports, Mingxin Automotive Leather Co. Ltd. (605068) has total liabilities worth CN¥1.97 Billion CNY 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.
Mingxin Automotive Leather Co. Ltd. - Total Liabilities Trend (2019–2024)
This chart illustrates how Mingxin Automotive Leather Co. Ltd.'s total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Mingxin Automotive Leather Co. Ltd. Competitors by Total Liabilities
The table below lists competitors of Mingxin Automotive Leather Co. Ltd. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
ShuYu Civilian Pharmacy Corp. Ltd.
SHE:301017
|
China | CN¥7.65 Billion |
|
Sichuan Dowell Science and Technology Inc
SHE:300535
|
China | CN¥435.91 Million |
|
Nanjing Res In of Surveying Mapping
SHE:300826
|
China | CN¥1.16 Billion |
|
Nantex Industry Co Ltd
TW:2108
|
Taiwan | NT$1.88 Billion |
|
Zhejiang Zhengguang Industrial Co. Ltd.
SHE:301092
|
China | CN¥265.09 Million |
|
AVENUESAI LTD
NSE:CCAVENUE
|
India | ₹18.71 Billion |
|
Guangzhou Tongda Auto Electric Co Ltd
SHG:603390
|
China | CN¥278.96 Million |
Liability Composition Analysis (2019–2024)
This chart breaks down Mingxin Automotive Leather 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.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.85 | 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 | 1.19 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.54 | 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 Mingxin Automotive Leather Co. Ltd.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Mingxin Automotive Leather Co. Ltd. (2019–2024)
The table below shows the annual total liabilities of Mingxin Automotive Leather Co. Ltd. from 2019 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CN¥1.87 Billion | +19.29% |
| 2023-12-31 | CN¥1.56 Billion | +11.22% |
| 2022-12-31 | CN¥1.41 Billion | +55.13% |
| 2021-12-31 | CN¥906.39 Million | +81.39% |
| 2020-12-31 | CN¥499.70 Million | +51.51% |
| 2019-12-31 | CN¥329.82 Million | -- |