Shandong Historical Balance Sheet

002595 Stock   43.87  0.03  0.07%   
Trend analysis of Shandong Himile Mechanical balance sheet accounts such as Other Current Liab of 10.3 M, Total Current Liabilities of 689.6 M or Total Stockholder Equity of 9 B provides information on Shandong Himile's total assets, liabilities, and equity, which is the actual value of Shandong Himile Mech to its prevalent stockholders. By breaking down trends over time using Shandong Himile 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 Shandong Himile Mech 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 Shandong Himile Mech is a good buy for the upcoming year.

Shandong Himile Inventory

1.76 Billion

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Himile Mechanical. 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 Shandong Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Shandong Himile Mech at a specified time, usually calculated after every quarter, six months, or one year. Shandong Himile Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shandong Himile 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 Shandong currently owns. An asset can also be divided into two categories, current and non-current.

Shandong Himile Balance Sheet Chart

At present, Shandong Himile's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 9 B, whereas Other Current Liabilities is forecasted to decline to about 10.3 M.

Total Assets

Total assets refers to the total amount of Shandong Himile 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 Shandong Himile Mech 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 Shandong Himile balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Shandong Himile Mechanical 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.

Capital Lease Obligations

Shandong Himile Mech capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Shandong Himile asset purchases. For example, Shandong Himile can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Shandong Himile control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most accounts from Shandong Himile's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Shandong Himile Mech 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 Shandong Himile Mechanical. 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, Shandong Himile's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 9 B, whereas Other Current Liabilities is forecasted to decline to about 10.3 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities104.6M4.9M10.9M10.3M
Total Assets7.6B8.6B9.9B10.4B

Shandong Himile balance sheet Correlations

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0.43-0.560.010.470.420.11-0.260.40.050.410.660.04-0.1-0.120.070.4-0.630.240.310.40.250.40.38-0.180.44
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0.98-0.420.650.980.990.830.41-0.020.810.780.790.70.770.630.780.98-0.620.790.910.910.770.920.92-0.790.91
0.73-0.580.240.770.760.470.66-0.260.750.310.790.290.310.170.370.73-0.740.480.640.750.470.720.69-0.50.76
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0.7-0.070.760.670.670.79-0.120.50.230.830.630.170.770.910.890.64-0.10.690.680.470.70.630.59-0.590.57
0.83-0.060.880.790.790.950.070.190.420.930.780.370.90.940.890.8-0.130.770.880.680.810.840.8-0.760.8
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0.89-0.390.740.880.90.930.31-0.10.730.840.910.640.790.820.680.880.93-0.350.770.890.820.980.93-0.840.97
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0.92-0.380.770.90.920.880.38-0.010.740.770.920.690.810.770.590.80.95-0.470.760.930.90.750.93-0.740.91
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0.89-0.440.670.890.90.860.44-0.190.80.740.910.760.730.740.570.80.92-0.470.690.970.890.760.990.91-0.78
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Shandong Himile Account Relationship Matchups

Shandong Himile balance sheet Accounts

201920202021202220232024 (projected)
Total Assets6.8B7.0B7.6B8.6B9.9B10.4B
Other Current Liab191.3M104.2M104.6M4.9M10.9M10.3M
Total Current Liabilities1.7B1.1B1.0B1.1B1.1B689.6M
Total Stockholder Equity5.0B5.8B6.5B7.3B8.6B9.0B
Retained Earnings3.6B4.3B5.1B5.6B6.9B7.3B
Accounts Payable300.7M283.8M298.9M370.4M318.7M173.6M
Cash481.0M293.5M410.5M621.8M1.1B1.1B
Other Assets482.9M74.2M63.1M54.9M63.1M122.4M
Long Term Debt71.3K18.1M2.3M41.8M37.6M39.5M
Net Receivables2.5B1.6B2.8B2.1B2.1B1.3B
Inventory863.4M943.3M1.5B1.6B1.7B1.8B
Other Current Assets60.4M127.0M154.9M486.5M549.2M576.7M
Total Liab1.8B1.2B1.1B1.2B1.3B755.3M
Intangible Assets303.6M295.8M350.4M358.0M374.2M200.8M
Property Plant Equipment1.6B2.0B2.0B2.0B2.3B1.2B
Other Liab52.5M78.1M100.8M121.6M139.8M146.8M
Net Tangible Assets4.1B4.6B5.5B6.2B7.1B4.7B
Other Stockholder Equity6.9M50.3M161.8M143.5M165.0M173.2M
Total Current Assets4.1B4.2B4.8B5.6B6.9B4.2B
Non Current Assets Total2.7B2.8B2.9B3.0B3.0B2.9B
Non Currrent Assets Other53.4M41.4M26.9M40.2M80.4M120.9M
Non Current Liabilities Total96.2M103.0M127.3M157.2M217.9M112.2M
Non Current Liabilities Other32.4M41.8M49.4M62.3M76.1M41.8M
Net Invested Capital5.9B6.1B6.7B7.5B8.7B6.9B
Short Long Term Debt975.0M370.1M225.1M129.8M116.8M110.9M
Net Working Capital2.4B3.1B3.8B4.5B5.8B3.6B

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Other Information on Investing in Shandong Stock

Balance Sheet is a snapshot of the financial position of Shandong Himile Mech at a specified time, usually calculated after every quarter, six months, or one year. Shandong Himile Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shandong Himile 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 Shandong currently owns. An asset can also be divided into two categories, current and non-current.