Hangzhou Raycloud Technology Co Ltd (688365) - Total Liabilities

Latest as of March 2026: CN¥831.09 Million CNY ≈ $121.61 Million USD

Based on the latest financial reports, Hangzhou Raycloud Technology Co Ltd (688365) has total liabilities worth CN¥831.09 Million CNY (≈ $121.61 Million USD) as of March 2026. 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.

Hangzhou Raycloud Technology Co Ltd - Total Liabilities Trend (2016–2025)

This chart illustrates how Hangzhou Raycloud Technology Co Ltd's total liabilities have evolved over time, based on quarterly financial data. See Hangzhou Raycloud Technology Co Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Hangzhou Raycloud Technology Co Ltd Competitors by Total Liabilities

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

Company	Country	Total Liabilities
Zhejiang Jinggong Science Technology SHE:002006	China	CN¥1.77 Billion
Porton Fine Chemicals Ltd SHE:300363	China	CN¥3.09 Billion
Foschini Group Ltd JSE:TFG	South Africa	ZAC36.01 Billion
Rategain Travel Technologies Limited NSE:RATEGAIN	India	Rs15.54 Billion
Harbin Pharmaceutical Group Co Ltd SHG:600664	China	CN¥7.67 Billion
SILEX Systems Ltd AU:SLX	Australia	AU$8.01 Million
Usinas Siderúrgicas de Minas Gerais S.A SA:USIM3	Brazil	R$12.46 Billion
Alpha and Omega Semiconductor Ltd NASDAQ:AOSL	USA	$176.23 Million

Liability Composition Analysis (2016–2025)

This chart breaks down Hangzhou Raycloud 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. For the full company profile including market capitalisation, see how much is Hangzhou Raycloud Technology Co Ltd worth.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	0.72	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	0.47	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 Hangzhou Raycloud Technology Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Hangzhou Raycloud Technology Co Ltd (2016–2025)

The table below shows the annual total liabilities of Hangzhou Raycloud Technology Co Ltd from 2016 to 2025.

Year	Total Liabilities	Change
2025-12-31	CN¥805.84 Million ≈ $117.92 Million	+23.99%
2024-12-31	CN¥649.91 Million ≈ $95.10 Million	+19.35%
2023-12-31	CN¥544.52 Million ≈ $79.68 Million	+22.55%
2022-12-31	CN¥444.33 Million ≈ $65.02 Million	+19.77%
2021-12-31	CN¥370.99 Million ≈ $54.29 Million	+123.71%
2020-12-31	CN¥165.84 Million ≈ $24.27 Million	+54.47%
2019-12-31	CN¥107.36 Million ≈ $15.71 Million	+9.53%
2018-12-31	CN¥98.02 Million ≈ $14.34 Million	+68.48%
2017-12-31	CN¥58.18 Million ≈ $8.51 Million	+5.01%
2016-12-31	CN¥55.40 Million ≈ $8.11 Million	--

About Hangzhou Raycloud Technology Co Ltd

SHG:688365 China Software - Application

Market Cap

$1.14 Billion

CN¥7.76 Billion CNY

Market Cap Rank

#8515 Global

#2102 in China

Share Price

CN¥18.22

Change (1 day)

+1.84%

52-Week Range

CN¥12.96 - CN¥34.20

All Time High

CN¥73.40