Shenzhen Qingyi Photomask (SHSE:688138) Total Liabilities: ¥1,126 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:688138 Shenzhen Qingyi Photomask Ltd SHSE:688138
85 GF Score
Price ¥32.31
GF Value ¥31.44
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Shenzhen Qingyi Photomask Total Liabilities?

Shenzhen Qingyi Photomask SHSE:688138 -3.67% 85 Total Liabilities is ¥1,126 Mil as of Mar. 2026. GuruFocus rates SHSE:688138 with a GF Score™ of 85/100 and a GF Value™ of ¥31.44 (Fairly Valued). The stock has 5 warning signs investors should review.

Shenzhen Qingyi Photomask's Total Liabilities for the quarter that ended in Mar. 2026 was ¥1,126 Mil.

Shenzhen Qingyi Photomask's quarterly Total Liabilities increased from Sep. 2025 (¥1,120.95 Mil) to Dec. 2025 (¥1,136.87 Mil) but then declined from Dec. 2025 (¥1,136.87 Mil) to Mar. 2026 (¥1,126.48 Mil).

Shenzhen Qingyi Photomask's annual Total Liabilities increased from Dec. 2023 (¥693.06 Mil) to Dec. 2024 (¥1,259.56 Mil) but then declined from Dec. 2024 (¥1,259.56 Mil) to Dec. 2025 (¥1,136.87 Mil).

Shenzhen Qingyi Photomask Total Liabilities Historical Data

* Premium members only.

The historical data trend for Shenzhen Qingyi Photomask'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 Qingyi Photomask Total Liabilities Chart

Shenzhen Qingyi Photomask 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 324.74 461.26 693.06 1,259.56 1,136.87

Shenzhen Qingyi Photomask 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 1,299.39 1,184.98 1,120.95 1,136.87 1,126.48
SHSE:688138
85GF Score
Shenzhen Qingyi Photomask Ltd SHSE:688138
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Qingyi Photomask 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 Qingyi Photomask'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
=771.81+(252.579+112.48
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=1,137

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=3928.76-2791.892
=1,137

Shenzhen Qingyi Photomask'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
=756.533+(262.926+107.018
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=1,126

Total Liabilities=Total Assets (Q: Mar. 2026 )-Total Equity (Q: Mar. 2026 )
=3974.155-2847.677
=1,126

* 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 ¥1,126 Mil mean?
Shenzhen Qingyi Photomask (SHSE:688138) has a Total Liabilities of ¥1,126 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Shenzhen Qingyi Photomask and its competitors.
Is Shenzhen Qingyi Photomask's Total Liabilities too high?
Shenzhen Qingyi Photomask's current Total Liabilities is ¥1,126 Mil. Overall, Shenzhen Qingyi Photomask has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Qingyi Photomask's Total Liabilities compare to APH and GLW?
Shenzhen Qingyi Photomask's Total Liabilities of ¥1,126 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Liabilities depends on the Hardware 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 Qingyi Photomask and its competitors. Shenzhen Qingyi Photomask's current Total Liabilities is ¥1,126 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Qingyi Photomask stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Qingyi Photomask (SHSE:688138) is currently considered Fairly Valued. The stock's GF Value™ is ¥31.44, compared to a current price of ¥32.31 — trading 2.8% above its estimated fair value. The current Total Liabilities is ¥1,126 Mil. Shenzhen Qingyi Photomask's overall GF Score™ is 85/100 with 5 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 Qingyi Photomask (SHSE:688138), the current Total Liabilities is ¥1,126 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 Qingyi Photomask (SHSE:688138) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Qingyi Photomask stock appears to be overvalued. The current stock price of ¥32.31 is trading 2.8% above its estimated GF Value™ of ¥31.44. GuruFocus considers Shenzhen Qingyi Photomask to be Fairly Valued.

Key valuation signals for SHSE:688138:

  • Total Liabilities: ¥1,126 Mil
  • GF Value™: ¥31.44 vs. price of ¥32.31 (2.8% above fair value)
  • GF Score™: 85/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shenzhen Qingyi Photomask Business Description

Address Road Langshang two, North of High-tech Park, Building QingYi Photoelectric, Shenzhen, CHN
Shenzhen Qingyi Photomask Ltd is a manufacturer of high precision mask that integrates research, design, production and sales with the technology in China. Its products include TFT, color STN, STN and TNLCD chrome plate mask, EL, OLED chrome plate mask; PDP, VFD chrome plate mask, and IC capsulation, HDI, including chrome plate mask and dry mask, such as BGA, CSP, and BUMPING.
85GF Score

Get the complete analysis for SHSE:688138

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

¥32.31
Price
¥31.44
GF Value