Bank Historical Balance Sheet

002948 Stock   3.84  0.05  1.32%   
Trend analysis of Bank of Qingdao balance sheet accounts such as Other Current Liab of 468.7 M, Total Current Liabilities of 351 B or Total Stockholder Equity of 31.1 B provides information on Bank of Qingdao's total assets, liabilities, and equity, which is the actual value of Bank of Qingdao to its prevalent stockholders. By breaking down trends over time using Bank of Qingdao 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 Bank of Qingdao 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 Bank of Qingdao is a good buy for the upcoming year.

Bank of Qingdao Inventory

42.07 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Qingdao. 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 Bank Balance Sheet Analysis

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

Bank of Qingdao Balance Sheet Chart

At present, Bank of Qingdao's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 9.1 B, whereas Total Assets are forecasted to decline to about 437.9 B.

Total Assets

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

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most accounts from Bank of Qingdao's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Bank of Qingdao 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 Bank of Qingdao. 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, Bank of Qingdao's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 9.1 B, whereas Total Assets are forecasted to decline to about 437.9 B.
 2021 2022 2023 2024 (projected)
Other Current Liabilities767.3M703.9M809.5M468.7M
Total Assets522.2B529.6B608.0B437.9B

Bank of Qingdao balance sheet Correlations

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Bank of Qingdao Account Relationship Matchups

Bank of Qingdao balance sheet Accounts

201920202021202220232024 (projected)
Total Assets373.6B459.8B522.2B529.6B608.0B437.9B
Other Current Liab415.7M818.3M767.3M703.9M809.5M468.7M
Total Current Liabilities316.9B404.0B471.3B412.1B473.9B351.0B
Total Stockholder Equity29.9B30.3B32.6B35.8B39.1B31.1B
Other Liab1.2B3.6B2.3B5.6B6.4B6.7B
Net Tangible Assets21.9B22.2B24.5B35.8B41.2B24.0B
Retained Earnings8.6B9.6B11.2B12.8B5.0B9.1B
Accounts Payable229.1B289.2B319.9B354.5B9.6B9.1B
Cash44.3B49.8B60.5B38.7B47.1B42.0B
Other Assets179.2B216.1B253.8B22.0B25.3B24.0B
Other Current Assets21.5B24.5B20.8B262.5B301.9B317.0B
Other Stockholder Equity9.0B32.7M746.5M17.2B19.7B20.7B
Total Liab343.1B428.9B488.9B493.0B568.0B406.2B
Deferred Long Term Liab619.2M196.2M259.3M352.2M405.1M389.9M
Long Term Investments142.4B178.5B190.1B202.2B226.2B168.3B
Total Current Assets71.9B99.7B131.0B348.4B400.7B420.7B
Intangible Assets194.2M252.5M296.6M353.1M420.1M278.3M
Property Plant Equipment3.9B4.1B4.2B4.3B4.9B3.4B
Inventory10.5M111.3M50.1M29.4M33.9M42.1M
Net Debt72.1B22.9B31.6B36.2B42.2B31.2B
Net Invested Capital46.7B44.9B51.8B46.1B128.3B68.8B

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Other Information on Investing in Bank Stock

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