iRay Technology Co Ltd (688301) - Total Liabilities

Latest as of September 2025: CN¥5.26 Billion CNY ≈ $769.37 Million USD

Based on the latest financial reports, iRay Technology Co Ltd (688301) has total liabilities worth CN¥5.26 Billion CNY (≈ $769.37 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. Check iRay Technology Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

iRay Technology Co Ltd - Total Liabilities Trend (2015–2024)

This chart illustrates how iRay Technology Co Ltd's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see 688301 asset base.

iRay Technology Co Ltd Competitors by Total Liabilities

The table below lists competitors of iRay Technology Co Ltd ranked by their total liabilities.

Company	Country	Total Liabilities
Shenyang Jinshan Energy Co Ltd SHG:600396	China	CN¥9.63 Billion
Sanxiang Advanced Materials SHG:603663	China	CN¥743.18 Million
Changzhou Xingyu Automotive Lighting Systems Co Ltd SHG:601799	China	CN¥7.53 Billion
Vista Energy S.A.B. de C.V. BA:VIST	Argentina	AR$5.78 Billion
Bitdeer Technologies Group Class A Ordinary Shares NASDAQ:BTDR	USA	$2.34 Billion
Robotis Co.Ltd KQ:108490	Korea	₩10.97 Billion
Avista Corporation NYSE:AVA	USA	$5.63 Billion
Acer Inc TW:2353	Taiwan	NT$208.89 Billion

Liability Composition Analysis (2015–2024)

This chart breaks down iRay Technology 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 688301 net asset quality score to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	3.87	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	0.87	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.46	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 iRay Technology Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for iRay Technology Co Ltd (2015–2024)

The table below shows the annual total liabilities of iRay Technology Co Ltd from 2015 to 2024.

Year	Total Liabilities	Change
2024-12-31	CN¥4.44 Billion ≈ $649.21 Million	+40.47%
2023-12-31	CN¥3.16 Billion ≈ $462.16 Million	+64.92%
2022-12-31	CN¥1.92 Billion ≈ $280.23 Million	+315.82%
2021-12-31	CN¥460.55 Million ≈ $67.39 Million	+76.07%
2020-12-31	CN¥261.57 Million ≈ $38.28 Million	-3.85%
2019-12-31	CN¥272.03 Million ≈ $39.81 Million	+69.32%
2018-12-31	CN¥160.66 Million ≈ $23.51 Million	+23.69%
2017-12-31	CN¥129.89 Million ≈ $19.01 Million	+56.29%
2016-12-31	CN¥83.11 Million ≈ $12.16 Million	+86.15%
2015-12-31	CN¥44.65 Million ≈ $6.53 Million	--

About iRay Technology Co Ltd

SHG:688301 China Medical Instruments & Supplies

Market Cap

$2.98 Billion

CN¥20.36 Billion CNY

Market Cap Rank

#4985 Global

#864 in China

Share Price

CN¥96.27

Change (1 day)

+7.15%

52-Week Range

CN¥80.20 - CN¥205.77

All Time High

CN¥278.84