Longxing Historical Balance Sheet

002442 Stock   5.65  0.05  0.88%   
Trend analysis of Longxing Chemical Stock balance sheet accounts such as Other Current Liab of 2.7 M, Total Current Liabilities of 1.6 B or Total Stockholder Equity of 1.4 B provides information on Longxing Chemical's total assets, liabilities, and equity, which is the actual value of Longxing Chemical Stock to its prevalent stockholders. By breaking down trends over time using Longxing Chemical balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Longxing Chemical Stock latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Longxing Chemical Stock is a good buy for the upcoming year.

Longxing Chemical Inventory

407.57 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Longxing Chemical Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Longxing Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Longxing Chemical Stock at a specified time, usually calculated after every quarter, six months, or one year. Longxing Chemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Longxing Chemical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Longxing currently owns. An asset can also be divided into two categories, current and non-current.

Longxing Chemical Balance Sheet Chart

At present, Longxing Chemical's Accounts Payable is projected to increase significantly based on the last few years of reporting. The current year's Long Term Debt is expected to grow to about 393.3 M, whereas Total Assets are forecasted to decline to about 3.1 B.

Total Assets

Total assets refers to the total amount of Longxing Chemical assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Longxing Chemical Stock books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Longxing Chemical balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Longxing Chemical Stock are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Debt

Long-term debt is a debt that Longxing Chemical Stock has held for over one year. Long-term debt appears on Longxing Chemical Stock balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Longxing Chemical Stock balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from Longxing Chemical's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Longxing Chemical Stock current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Longxing Chemical Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, Longxing Chemical's Accounts Payable is projected to increase significantly based on the last few years of reporting. The current year's Long Term Debt is expected to grow to about 393.3 M, whereas Total Assets are forecasted to decline to about 3.1 B.
 2021 2022 2023 2024 (projected)
Other Current Liabilities56.7M64.9M2.8M2.7M
Total Assets2.8B3.4B3.8B3.1B

Longxing Chemical balance sheet Correlations

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0.830.120.120.340.110.6-0.040.650.20.680.49-0.050.970.50.790.62-0.20.110.030.240.20.140.090.25-0.01
0.64-0.010.12-0.790.980.41-0.08-0.060.730.550.67-0.220.290.580.49-0.51-0.70.99-0.580.490.740.87-0.510.920.89
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0.60.080.110.98-0.760.49-0.13-0.110.610.550.7-0.270.260.550.49-0.47-0.620.96-0.620.460.620.79-0.580.890.9
0.610.380.60.41-0.150.49-0.090.010.130.810.62-0.450.570.530.580.15-0.430.4-0.490.330.180.28-0.510.570.4
-0.02-0.1-0.04-0.08-0.02-0.13-0.090.20.09-0.17-0.320.140.03-0.33-0.3-0.170.08-0.090.390.05-0.04-0.20.24-0.09-0.03
0.52-0.130.65-0.060.44-0.110.010.20.140.160.260.350.680.140.320.430.21-0.080.380.320.060.020.5-0.05-0.21
0.6-0.310.20.73-0.650.610.130.090.140.320.41-0.040.370.620.37-0.46-0.820.75-0.420.370.940.87-0.280.70.6
0.80.30.680.55-0.160.550.81-0.170.160.320.72-0.20.720.570.650.07-0.50.53-0.320.440.460.53-0.240.730.32
0.710.20.490.67-0.370.70.62-0.320.260.410.720.070.550.390.57-0.01-0.340.6-0.530.590.380.62-0.310.680.43
-0.05-0.19-0.05-0.220.26-0.27-0.450.140.35-0.04-0.20.070.0-0.48-0.250.160.47-0.320.430.1-0.15-0.130.58-0.33-0.43
0.920.050.970.290.20.260.570.030.680.370.720.550.00.550.80.48-0.290.270.040.320.350.30.10.390.12
0.67-0.060.50.58-0.250.550.53-0.330.140.620.570.39-0.480.550.63-0.11-0.750.64-0.460.220.710.66-0.420.640.55
0.840.080.790.49-0.080.490.58-0.30.320.370.650.57-0.250.80.630.45-0.430.48-0.290.150.370.38-0.310.470.45
0.180.190.62-0.510.75-0.470.15-0.170.43-0.460.07-0.010.160.48-0.110.450.45-0.550.35-0.29-0.5-0.550.26-0.51-0.48
-0.510.1-0.2-0.70.69-0.62-0.430.080.21-0.82-0.5-0.340.47-0.29-0.75-0.430.45-0.750.66-0.24-0.88-0.80.61-0.77-0.66
0.62-0.040.110.99-0.80.960.4-0.09-0.080.750.530.6-0.320.270.640.48-0.55-0.75-0.580.460.780.88-0.520.930.9
-0.19-0.080.03-0.580.7-0.62-0.490.390.38-0.42-0.32-0.530.430.04-0.46-0.290.350.66-0.58-0.21-0.42-0.610.88-0.56-0.62
0.460.030.240.49-0.310.460.330.050.320.370.440.590.10.320.220.15-0.29-0.240.46-0.210.40.50.050.610.3
0.59-0.270.20.74-0.630.620.18-0.040.060.940.460.38-0.150.350.710.37-0.5-0.880.78-0.420.40.92-0.290.780.59
0.6-0.210.140.87-0.730.790.28-0.20.020.870.530.62-0.130.30.660.38-0.55-0.80.88-0.610.50.92-0.40.870.69
-0.11-0.240.09-0.510.65-0.58-0.510.240.5-0.28-0.24-0.310.580.1-0.42-0.310.260.61-0.520.880.05-0.29-0.4-0.44-0.66
0.690.030.250.92-0.710.890.57-0.09-0.050.70.730.68-0.330.390.640.47-0.51-0.770.93-0.560.610.780.87-0.440.77
0.45-0.18-0.010.89-0.790.90.4-0.03-0.210.60.320.43-0.430.120.550.45-0.48-0.660.9-0.620.30.590.69-0.660.77
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Longxing Chemical Account Relationship Matchups

Longxing Chemical balance sheet Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.5B2.8B3.4B3.8B3.1B
Other Current Liab22.3M42.8M56.7M64.9M2.8M2.7M
Total Current Liabilities1.4B1.2B1.2B1.6B1.7B1.6B
Total Stockholder Equity1.2B1.3B1.5B1.6B1.7B1.4B
Other Liab15.8M10.3M6.8M6.6M5.9M5.6M
Retained Earnings344.8M422.3M593.9M648.5M672.5M366.6M
Accounts Payable643.1M383.6M476.6M721.3M445.8M471.6M
Cash395.4M308.4M154.7M272.9M402.0M251.9M
Other Assets37.2M25.3M15.0M127.0M114.3M63.7M
Long Term Debt31.1M40.7M119.3M176.4M374.6M393.3M
Net Receivables711.8M519.4M795.6M944.6M900.4M805.3M
Inventory288.1M312.4M510.1M666.2M417.0M407.6M
Other Current Assets31.4M25.0M47.1M60.2M43.5M42.2M
Total Liab1.4B1.2B1.3B1.8B2.1B1.7B
Intangible Assets98.7M97.3M115.5M114.7M203.2M213.4M
Property Plant Equipment1.1B985.2M887.9M828.7M745.8M841.8M
Net Tangible Assets1.1B1.2B1.4B1.5B1.7B1.3B
Non Current Assets Total1.2B1.1B1.0B1.1B1.4B981.2M
Non Currrent Assets Other25.2M22.5M5.4M113.3M51.4M42.3M
Non Current Liabilities Total53.2M10.3M126.1M183.0M408.9M429.4M
Other Stockholder Equity686.4K671.7K9.4M11.4M13.1M13.8M
Short Long Term Debt500.5M548.7M464.9M705.8M833.0M539.4M
Total Current Assets1.4B1.4B1.8B2.3B2.4B1.9B
Net Debt142.5M240.3M429.6M609.4M805.6M481.4M
Net Invested Capital1.8B1.9B2.1B2.5B2.9B2.4B
Net Working Capital54.6M217.1M614.7M701.5M730.3M766.8M

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Other Information on Investing in Longxing Stock

Balance Sheet is a snapshot of the financial position of Longxing Chemical Stock at a specified time, usually calculated after every quarter, six months, or one year. Longxing Chemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Longxing Chemical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Longxing currently owns. An asset can also be divided into two categories, current and non-current.