Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) Total Liabilities: ¥2,950 Mil (As of Mar. 2026)

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.

SHSE:603978 Shenzhen Sunxing Light Alloys Materials Co Ltd SHSE:603978
73 GF Score
Price ¥18.50
GF Value ¥23.04
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Shenzhen Sunxing Light Alloys Materials Co Total Liabilities?

Shenzhen Sunxing Light Alloys Materials Co SHSE:603978 -1.18% 73 Total Liabilities is ¥2,950 Mil as of Mar. 2026. GuruFocus rates SHSE:603978 with a GF Score™ of 73/100 and a GF Value™ of ¥23.04 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Shenzhen Sunxing Light Alloys Materials Co's Total Liabilities for the quarter that ended in Mar. 2026 was ¥2,950 Mil.

Shenzhen Sunxing Light Alloys Materials Co's quarterly Total Liabilities increased from Sep. 2025 (¥2,539.29 Mil) to Dec. 2025 (¥2,695.50 Mil) and increased from Dec. 2025 (¥2,695.50 Mil) to Mar. 2026 (¥2,949.83 Mil).

Shenzhen Sunxing Light Alloys Materials Co's annual Total Liabilities increased from Dec. 2023 (¥1,983.18 Mil) to Dec. 2024 (¥2,168.43 Mil) and increased from Dec. 2024 (¥2,168.43 Mil) to Dec. 2025 (¥2,695.50 Mil).


Shenzhen Sunxing Light Alloys Materials Co Total Liabilities Historical Data

* Premium members only.

The historical data trend for Shenzhen Sunxing Light Alloys Materials Co'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.

Shenzhen Sunxing Light Alloys Materials Co Total Liabilities Chart

Shenzhen Sunxing Light Alloys Materials Co 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 937.59 1,456.79 1,983.18 2,168.43 2,695.50

Shenzhen Sunxing Light Alloys Materials Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2,285.67 2,677.11 2,539.29 2,695.50 2,949.83
SHSE:603978
73GF Score
Shenzhen Sunxing Light Alloys Materials Co Ltd SHSE:603978
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Sunxing Light Alloys Materials Co 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.

Shenzhen Sunxing Light Alloys Materials Co'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
=2292.155+(317.304+45.203
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+40.838)
=2,696

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=4331.946-1636.446
=2,696

Shenzhen Sunxing Light Alloys Materials Co's Total Liabilities for the quarter that ended in Mar. 2026 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=2552.442+(277.098+43.598
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+40.838)
=2,950

Total Liabilities=Total Assets (Q: Mar. 2026 )-Total Equity (Q: Mar. 2026 )
=4608.463-1658.63
=2,950

* 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 ¥2,950 Mil mean?
Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) has a Total Liabilities of ¥2,950 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Shenzhen Sunxing Light Alloys Materials Co and its competitors.
Is Shenzhen Sunxing Light Alloys Materials Co's Total Liabilities too high?
Shenzhen Sunxing Light Alloys Materials Co's current Total Liabilities is ¥2,950 Mil. Overall, Shenzhen Sunxing Light Alloys Materials Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Sunxing Light Alloys Materials Co's Total Liabilities compare to AA?
Shenzhen Sunxing Light Alloys Materials Co's Total Liabilities of ¥2,950 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Total Liabilities depends on the Metals & Mining 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 Shenzhen Sunxing Light Alloys Materials Co and its competitors. Shenzhen Sunxing Light Alloys Materials Co's current Total Liabilities is ¥2,950 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Sunxing Light Alloys Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.04, compared to a current price of ¥18.50 — trading 19.7% below its estimated fair value. The current Total Liabilities is ¥2,950 Mil. Shenzhen Sunxing Light Alloys Materials Co's overall GF Score™ is 73/100 with 7 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 Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978), the current Total Liabilities is ¥2,950 Mil as of Mar. 2026. 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 Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Sunxing Light Alloys Materials Co stock appears to be undervalued. The current stock price of ¥18.50 is trading 19.7% below its estimated GF Value™ of ¥23.04. GuruFocus considers Shenzhen Sunxing Light Alloys Materials Co to be Modestly Undervalued.

Key valuation signals for SHSE:603978:

  • Total Liabilities: ¥2,950 Mil
  • GF Value™: ¥23.04 vs. price of ¥18.50 (19.7% below fair value)
  • GF Score™: 73/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Sunxing Light Alloys Materials Co Business Description

Address 6013 Shennan Road, 1404, Zhongguo Youse Building, Shenzhen, CHN
Shenzhen Sunxing Light Alloys Materials Co Ltd operates in the industrial metals and minerals sector. The company is mainly engaged in research, development, production and sales of aluminium grain refiners. The products are widely used in various fields such as aerospace, rail transportation, military, marine, construction, machinery manufacturing, and chemical industry.
73GF Score

Get the complete analysis for SHSE:603978

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

¥18.50
Price
¥23.04
GF Value