Sincere Navigation Corp (2605) - Total Liabilities

Latest as of September 2025: NT$4.54 Billion TWD ≈ $143.02 Million USD

Based on the latest financial reports, Sincere Navigation Corp (2605) has total liabilities worth NT$4.54 Billion TWD (≈ $143.02 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 Sincere Navigation Corp asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Sincere Navigation Corp - Total Liabilities Trend (2000–2024)

This chart illustrates how Sincere Navigation Corp's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see Sincere Navigation Corp (2605) total assets.

Sincere Navigation Corp Competitors by Total Liabilities

The table below lists competitors of Sincere Navigation Corp ranked by their total liabilities.

Company Country Total Liabilities
Beijing Electronic Zone Investment and Development Group Co Ltd
SHG:600658
China CN¥10.91 Billion
Zhejiang Jasan Holding Group Co Ltd
SHG:603558
China CN¥1.57 Billion
Patria Investments Ltd
NASDAQ:PAX
USA $1.11 Billion
Aura Biosciences Inc
NASDAQ:AURA
USA $30.43 Million
Hunan Hansen Pharmaceutical Co Ltd
SHE:002412
China CN¥310.49 Million
Calian Technologies Ltd
TO:CGY
Canada CA$428.52 Million
QITIAN Technology Group Co Ltd
SHE:300061
China CN¥684.65 Million
Credit Corp Group Ltd
AU:CCP
Australia AU$507.87 Million

Liability Composition Analysis (2000–2024)

This chart breaks down Sincere Navigation Corp'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 Sincere Navigation Corp (2605) balance sheet quality index to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio 1.68 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 0.28 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.22 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 Sincere Navigation Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Sincere Navigation Corp (2000–2024)

The table below shows the annual total liabilities of Sincere Navigation Corp from 2000 to 2024.

Year Total Liabilities Change
2024-12-31 NT$4.11 Billion
≈ $129.41 Million
-21.46%
2023-12-31 NT$5.23 Billion
≈ $164.77 Million
+24.62%
2022-12-31 NT$4.20 Billion
≈ $132.22 Million
-25.96%
2021-12-31 NT$5.67 Billion
≈ $178.57 Million
+2.92%
2020-12-31 NT$5.51 Billion
≈ $173.51 Million
-16.56%
2019-12-31 NT$6.60 Billion
≈ $207.94 Million
-4.69%
2018-12-31 NT$6.93 Billion
≈ $218.18 Million
+1.68%
2017-12-31 NT$6.81 Billion
≈ $214.57 Million
-2.97%
2016-12-31 NT$7.02 Billion
≈ $221.13 Million
-20.46%
2015-12-31 NT$8.82 Billion
≈ $278.01 Million
-17.65%
2014-12-31 NT$10.72 Billion
≈ $337.60 Million
-1.78%
2013-12-31 NT$10.91 Billion
≈ $343.72 Million
-15.70%
2012-12-31 NT$12.94 Billion
≈ $407.72 Million
-0.75%
2011-12-31 NT$13.04 Billion
≈ $410.80 Million
+15.97%
2010-12-31 NT$11.24 Billion
≈ $354.24 Million
-7.00%
2009-12-31 NT$12.09 Billion
≈ $380.92 Million
-0.95%
2008-12-31 NT$12.21 Billion
≈ $384.57 Million
+22.48%
2007-12-31 NT$9.97 Billion
≈ $313.99 Million
-17.43%
2006-12-31 NT$12.07 Billion
≈ $380.26 Million
+12.43%
2005-12-31 NT$10.74 Billion
≈ $338.23 Million
+48.21%
2004-12-31 NT$7.24 Billion
≈ $228.21 Million
-10.68%
2003-12-31 NT$8.11 Billion
≈ $255.51 Million
+9.14%
2002-12-31 NT$7.43 Billion
≈ $234.12 Million
+8.06%
2001-12-31 NT$6.88 Billion
≈ $216.66 Million
-6.28%
2000-12-31 NT$7.34 Billion
≈ $231.19 Million
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About Sincere Navigation Corp

TW:2605 Taiwan Marine Shipping
Market Cap
$665.75 Million
NT$21.13 Billion TWD
Market Cap Rank
#10897 Global
#380 in Taiwan
Share Price
NT$36.10
Change (1 day)
-2.83%
52-Week Range
NT$21.95 - NT$43.35
All Time High
NT$53.63
About

Sincere Navigation Corporation, a shipping transportation company, owns and operates bulk cargo vessels in Taiwan. Its fleet includes dry bulk carriers, tankers, and woodchip carriers. Sincere Navigation Corporation serves coal and iron ore miner, steel, energy, and paper industries. The company was founded in 1960 and is headquartered in Taipei, Taiwan.