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. Explore cash flow conversion of Hoymiles Power Electronics Inc to assess how effectively this company generates cash.

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. Check how resilient are Hoymiles Power Electronics Inc's assets to evaluate the company's liquid asset resilience ratio.

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
Beijing Originwater Technology SHE:300070	China	CN¥51.94 Billion
Construcciones y Auxiliar de Ferrocarriles S.A. MC:CAF	Spain	€4.55 Billion
MVV Energie AG F:MVV1	Germany	€4.11 Billion
JOYY Inc NASDAQ:JOYY	USA	$898.33 Million
MLS Co Ltd SHE:002745	China	CN¥11.18 Billion
The Navigator Company SA LS:NVG	Portugal	€1.91 Billion
I-Chiun Precision Industry Co Ltd TW:2486	Taiwan	NT$6.73 Billion
Capri Global Capital Limited NSE:CGCL	India	Rs204.47 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	--

About Hoymiles Power Electronics Inc

SHG:688032 China Electrical Equipment & Parts

Market Cap

$2.09 Billion

CN¥14.27 Billion CNY

Market Cap Rank

#6140 Global

#1340 in China

Share Price

CN¥115.00

Change (1 day)

+2.12%

52-Week Range

CN¥94.58 - CN¥137.51

All Time High

CN¥525.79