Asiaray Media Group (HKSE:01993) Total Liabilities: HK$1,488 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01993 Asiaray Media Group Ltd HKSE:01993
32 GF Score
Price HK$0.50
GF Value HK$0.56
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Asiaray Media Group Total Liabilities?

Asiaray Media Group HKSE:01993 +6.38% 32 Total Liabilities is HK$1,488 Mil as of Dec. 2025. GuruFocus rates HKSE:01993 with a GF Score™ of 32/100 and a GF Value™ of HK$0.56 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Asiaray Media Group's Total Liabilities for the quarter that ended in Dec. 2025 was HK$1,488 Mil.

Asiaray Media Group's quarterly Total Liabilities declined from Dec. 2024 (HK$1,914.68 Mil) to Jun. 2025 (HK$1,665.10 Mil) and declined from Jun. 2025 (HK$1,665.10 Mil) to Dec. 2025 (HK$1,488.29 Mil).

Asiaray Media Group's annual Total Liabilities declined from Dec. 2023 (HK$2,876.81 Mil) to Dec. 2024 (HK$1,914.68 Mil) and declined from Dec. 2024 (HK$1,914.68 Mil) to Dec. 2025 (HK$1,488.29 Mil).


Asiaray Media Group Total Liabilities Historical Data

* Premium members only.

The historical data trend for Asiaray Media Group's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Asiaray Media Group Total Liabilities Chart

Asiaray Media Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,215.29 3,217.10 2,876.81 1,914.68 1,488.29

Asiaray Media Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,876.81 2,555.74 1,914.68 1,665.10 1,488.29
HKSE:01993
32GF Score
Asiaray Media Group Ltd HKSE:01993
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asiaray Media Group Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Asiaray Media Group's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=1107.043+(380.063+1.186
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=1,488

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=1785.808-297.516
=1,488

Asiaray Media Group's Total Liabilities for the quarter that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=1107.043+(380.063+1.186
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=1,488

Total Liabilities=Total Assets (Q: Dec. 2025 )-Total Equity (Q: Dec. 2025 )
=1785.808-297.516
=1,488

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of HK$1,488 Mil mean?
Asiaray Media Group (HKSE:01993) has a Total Liabilities of HK$1,488 Mil as of Dec. 2025. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Asiaray Media Group and its competitors.
Is Asiaray Media Group's Total Liabilities too high?
Asiaray Media Group's current Total Liabilities is HK$1,488 Mil. Overall, Asiaray Media Group has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asiaray Media Group's Total Liabilities compare to APP and OMC?
Asiaray Media Group's Total Liabilities of HK$1,488 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Media - Diversified company?
A good Total Liabilities depends on the Media - Diversified industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Asiaray Media Group and its competitors. Asiaray Media Group's current Total Liabilities is HK$1,488 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asiaray Media Group stock overvalued right now?
Based on GuruFocus' analysis, Asiaray Media Group (HKSE:01993) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.56, compared to a current price of HK$0.50 — trading 10.7% below its estimated fair value. The current Total Liabilities is HK$1,488 Mil. Asiaray Media Group's overall GF Score™ is 32/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Asiaray Media Group (HKSE:01993), the current Total Liabilities is HK$1,488 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Asiaray Media Group (HKSE:01993) Overvalued in 2026?

Based on GuruFocus' analysis, Asiaray Media Group stock appears to be undervalued. The current stock price of HK$0.50 is trading 10.7% below its estimated GF Value™ of HK$0.56. GuruFocus considers Asiaray Media Group to be Modestly Undervalued.

Key valuation signals for HKSE:01993:

  • Total Liabilities: HK$1,488 Mil
  • GF Value™: HK$0.56 vs. price of HK$0.50 (10.7% below fair value)
  • GF Score™: 32/100 with 6 warning signs

No single metric tells the full story. See the HKSE:01993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asiaray Media Group Business Description

Address 1 Kornhill Road, 16th Floor, Kornhill Plaza - Office Tower, Quarry Bay, Hong Kong, HKG
Asiaray Media Group Ltd is an investment holding company. Along with its subsidiaries, it operates as an out-of-home media company in Greater China with a strategic focus on mega transport advertising media management, including airport, metro line, and high-speed rail line, etc. The Group's operating segments are: Airports business, Metro and billboards business, and Bus and other business. Maximum revenue is generated from the Metro and billboards business, which is involved in the operation of advertising services in metro lines and billboards, and building solutions. Geographically, the Group generates maximum revenue from the Chinese Mainland, and the rest from Hong Kong and other regions.
32GF Score

Get the complete analysis for HKSE:01993

Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.50
Price
HK$0.56
GF Value