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.

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 Hoymiles Power Electronics Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

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
Enviri Corporation
NYSE:NVRI
USA $2.41 Billion
Fleury S.A.
SA:FLRY3
Brazil R$8.05 Billion
Dianguang Explosion-proof Technology Co Ltd
SHE:002730
China CN¥1.23 Billion
Zhejiang Wanma Co Ltd
SHE:002276
China CN¥10.44 Billion
Hertz Global Holdings Inc
NASDAQ:HTZ
USA $24.07 Billion
Apex Dynamics Inc.
TW:4583
Taiwan NT$1.91 Billion
Golden Ocean Group Ltd
NASDAQ:GOGL
USA $1.57 Billion
Reinsurance Group of America Inc
NYSE:RZB
USA $150.68 Billion

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
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About Hoymiles Power Electronics Inc

SHG:688032 China Electrical Equipment & Parts
Market Cap
$1.59 Billion
CN¥10.88 Billion CNY
Market Cap Rank
#7135 Global
#1631 in China
Share Price
CN¥87.68
Change (1 day)
+1.14%
52-Week Range
CN¥85.45 - CN¥137.51
All Time High
CN¥525.79
About

Hoymiles Power Electronics Inc. engages in the manufacture and sale of module level power electronics (MLPE) solutions in China and internationally. It offers microinverters, data transfer units, energy storage, and rapid shutdown products, EV charger, battery, string inverter, as well as accessories, such as single- and multi- microinverter systems. The company also offers monitoring equipment, … Read more