Luohe Letone Hydraulics Technology Co (BJSE:832225) Total Liabilities : ¥169.7 Mil (As of Mar. 2024)

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What is Luohe Letone Hydraulics Technology Co Total Liabilities?

Luohe Letone Hydraulics Technology Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥169.7 Mil.

Luohe Letone Hydraulics Technology Co's quarterly Total Liabilities declined from Sep. 2023 (¥192.18 Mil) to Dec. 2023 (¥187.11 Mil) and declined from Dec. 2023 (¥187.11 Mil) to Mar. 2024 (¥169.72 Mil).

Luohe Letone Hydraulics Technology Co's annual Total Liabilities increased from Dec. 2021 (¥185.48 Mil) to Dec. 2022 (¥191.25 Mil) but then declined from Dec. 2022 (¥191.25 Mil) to Dec. 2023 (¥187.11 Mil).

Luohe Letone Hydraulics Technology Co Total Liabilities Historical Data

The historical data trend for Luohe Letone Hydraulics Technology 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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Luohe Letone Hydraulics Technology Co Total Liabilities Chart

Luohe Letone Hydraulics Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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139.90

167.80

185.48

191.25

187.11

Luohe Letone Hydraulics Technology Co Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial															176.52	177.92	192.18	187.11	169.72

Luohe Letone Hydraulics Technology 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.

Luohe Letone Hydraulics Technology 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
	=	156.886	+	(8.505	+	21.717
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	187.1

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	780.092	-	592.984
	=	187.1

Luohe Letone Hydraulics Technology 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
	=	138.292	+	(10.341	+	21.091
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	169.7

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	778.916	-	609.192
	=	169.7

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Luohe Letone Hydraulics Technology Co (BJSE:832225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Luohe Letone Hydraulics Technology Co Ltd (BJSE:832225) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, Dongfanghong Road, National Luohe Economic and Technological Development Zone, Henan Province, Luohe City, CHN, 462000

Website

https://www.letone.cn

Luohe Letone Hydraulics Technology Co Ltd is engaged in research and development, production, and sales of rubber hydraulic hoses. It is focused on polymer material blending, polymer material modification, hydraulic hoses, oil drilling hoses, fracturing hoses, rubber-plastic composite hoses, ultra-high pressure resin hoses, and fluid connections. It provides high-efficiency solutions for fluid transportation, high-performance solutions for polymer material blends, and high-efficiency transportation for shale oil and gas stimulation and acid fracturing pipelines.

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