Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Total Liabilities : ¥1,117 Mil (As of Mar. 2024)

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What is Solax Power Network Technology (Zhejiang) Co Total Liabilities?

Solax Power Network Technology (Zhejiang) Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥1,117 Mil.

Solax Power Network Technology (Zhejiang) Co's quarterly Total Liabilities declined from Sep. 2023 (¥1,158.88 Mil) to Dec. 2023 (¥1,014.73 Mil) but then increased from Dec. 2023 (¥1,014.73 Mil) to Mar. 2024 (¥1,117.22 Mil).

Solax Power Network Technology (Zhejiang) Co's annual Total Liabilities increased from Dec. 2021 (¥861.15 Mil) to Dec. 2022 (¥1,946.82 Mil) but then declined from Dec. 2022 (¥1,946.82 Mil) to Dec. 2023 (¥1,014.73 Mil).

Solax Power Network Technology (Zhejiang) Co Total Liabilities Historical Data

The historical data trend for Solax Power Network Technology (Zhejiang) 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.

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Solax Power Network Technology (Zhejiang) Co Total Liabilities Chart

Solax Power Network Technology (Zhejiang) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

475.20

335.17

861.15

1,946.82

1,014.73

Solax Power Network Technology (Zhejiang) Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial							-	1,610.37	1,158.88	1,014.73	1,117.22

Solax Power Network Technology (Zhejiang) 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.

Solax Power Network Technology (Zhejiang) Co's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	833.875	+	(46.645	+	134.206
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	1,015

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	5355.18	-	4340.453
	=	1,015

Solax Power Network Technology (Zhejiang) Co's Total Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	931.321	+	(47.305	+	138.596
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	1,117

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	5490.021	-	4372.799
	=	1,117

Solax Power Network Technology (Zhejiang) Co Total Liabilities Related Terms

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Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solax Power Network Technology (Zhejiang) Co Ltd (SHSE:688717) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 333 Lianhua Street, 9th Floor, Tower C, Lianhua Business Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310063

Website

https://www.solaxpower.com.cn

Solax Power Network Technology (Zhejiang) Co Ltd is engaged in providing photovoltaic energy storage systems and products.

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