Hoymiles Power Electronics Inc (688032) - Total Liabilities

Latest as of September 2025: CN¥1.94 Billion CNY ≈ $283.20 Million USD

Based on the latest financial reports, Hoymiles Power Electronics Inc (688032) has total liabilities worth CN¥1.94 Billion CNY (≈ $283.20 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. Also explore 688032 net asset momentum to track the company's year-over-year net asset growth rate.

Hoymiles Power Electronics Inc - Total Liabilities Trend (2017–2024)

This chart illustrates how Hoymiles Power Electronics Inc's total liabilities have evolved over time, based on quarterly financial data. See 688032 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.

Hoymiles Power Electronics Inc Competitors by Total Liabilities

The table below lists competitors of Hoymiles Power Electronics Inc ranked by their total liabilities.

Company	Country	Total Liabilities
Origin Bancorp, Inc. NYSE:OBK	USA	$8.93 Billion
Richelieu Hardware Ltd. TO:RCH	Canada	CA$487.82 Million
Loma Negra Compania Industrial Argentina SA BA:LOMA	Argentina	AR$865.11 Billion
Enovis Corp NYSE:ENOV	USA	$2.35 Billion
REX American Resources Corporation NYSE:REX	USA	$83.92 Million
Tong Yang Industry Co Ltd TW:1319	Taiwan	NT$8.58 Billion
Hengdian Group Tospo Lighting Co Ltd SHG:603303	China	CN¥2.51 Billion
Blackrock Innovation & Growth Trust NYSE:BIGZ	USA	$28.59 Million

Liability Composition Analysis (2017–2024)

This chart breaks down Hoymiles Power Electronics Inc'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 688032 market cap.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	4.17	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	0.33	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.25	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 Hoymiles Power Electronics Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Hoymiles Power Electronics Inc (2017–2024)

The table below shows the annual total liabilities of Hoymiles Power Electronics Inc from 2017 to 2024.

Year	Total Liabilities	Change
2024-12-31	CN¥1.98 Billion ≈ $289.21 Million	+132.92%
2023-12-31	CN¥848.53 Million ≈ $124.17 Million	-6.67%
2022-12-31	CN¥909.14 Million ≈ $133.04 Million	+107.72%
2021-12-31	CN¥437.69 Million ≈ $64.05 Million	+41.31%
2020-12-31	CN¥309.74 Million ≈ $45.33 Million	+11.54%
2019-12-31	CN¥277.71 Million ≈ $40.64 Million	-68.94%
2018-12-31	CN¥894.17 Million ≈ $130.84 Million	+248.87%
2017-12-31	CN¥256.30 Million ≈ $37.51 Million	--

About Hoymiles Power Electronics Inc

SHG:688032 China Electrical Equipment & Parts

Market Cap

$1.43 Billion

CN¥9.74 Billion CNY

Market Cap Rank

#7412 Global

#1622 in China

Share Price

CN¥78.54

Change (1 day)

-1.15%

52-Week Range

CN¥73.98 - CN¥137.51

All Time High

CN¥525.79