Suzhou Veichi Electric Co. Ltd. A (688698) - Total Liabilities

Latest as of September 2025: CN¥1.29 Billion CNY ≈ $188.90 Million USD

Based on the latest financial reports, Suzhou Veichi Electric Co. Ltd. A (688698) has total liabilities worth CN¥1.29 Billion CNY (≈ $188.90 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 688698 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Suzhou Veichi Electric Co. Ltd. A - Total Liabilities Trend (2017–2024)

This chart illustrates how Suzhou Veichi Electric Co. Ltd. A's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see Suzhou Veichi Electric Co. Ltd. A asset portfolio.

Suzhou Veichi Electric Co. Ltd. A Competitors by Total Liabilities

The table below lists competitors of Suzhou Veichi Electric Co. Ltd. A ranked by their total liabilities.

Company	Country	Total Liabilities
Beijing Lier High Temperature Materials Co Ltd SHE:002392	China	CN¥4.38 Billion
Sakura Development Co Ltd TW:2539	Taiwan	NT$14.57 Billion
Shanghai Cooltech Power Co Ltd SHE:300153	China	CN¥2.24 Billion
Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd SHG:600307	China	CN¥47.36 Billion
Zhejiang Huatie Constr Safety SHG:603300	China	CN¥19.73 Billion
Genting Plantations Bhd KLSE:2291	Malaysia	RM3.83 Billion
Nordic American Tankers Limited NYSE:NAT	USA	$445.32 Million
SFL Corporation Ltd F:UG6	Germany	€2.48 Billion

Liability Composition Analysis (2017–2024)

This chart breaks down Suzhou Veichi Electric Co. Ltd. A'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 Suzhou Veichi Electric Co. Ltd. A net asset quality index to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	2.12	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	0.56	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.35	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 Suzhou Veichi Electric Co. Ltd. A's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Suzhou Veichi Electric Co. Ltd. A (2017–2024)

The table below shows the annual total liabilities of Suzhou Veichi Electric Co. Ltd. A from 2017 to 2024.

Year	Total Liabilities	Change
2024-12-31	CN¥959.60 Million ≈ $140.42 Million	+57.57%
2023-12-31	CN¥609.02 Million ≈ $89.12 Million	+23.72%
2022-12-31	CN¥492.26 Million ≈ $72.03 Million	+22.54%
2021-12-31	CN¥401.73 Million ≈ $58.79 Million	+28.57%
2020-12-31	CN¥312.45 Million ≈ $45.72 Million	+68.00%
2019-12-31	CN¥185.98 Million ≈ $27.21 Million	-12.54%
2018-12-31	CN¥212.64 Million ≈ $31.12 Million	+6.30%
2017-12-31	CN¥200.03 Million ≈ $29.27 Million	--

About Suzhou Veichi Electric Co. Ltd. A

SHG:688698 China Specialty Industrial Machinery

Market Cap

$1.36 Billion

CN¥9.27 Billion CNY

Market Cap Rank

#7668 Global

#1702 in China

Share Price

CN¥43.30

Change (1 day)

+0.63%

52-Week Range

CN¥40.06 - CN¥111.00

All Time High

CN¥111.00