Ningbo Historical Balance Sheet

601137 Stock   18.98  0.69  3.51%   
Trend analysis of Ningbo Boway Alloy balance sheet accounts such as Other Current Liab of 4.2 M, Total Current Liabilities of 7.6 B or Total Stockholder Equity of 8.6 B provides information on Ningbo Boway's total assets, liabilities, and equity, which is the actual value of Ningbo Boway Alloy to its prevalent stockholders. By breaking down trends over time using Ningbo Boway 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 Ningbo Boway Alloy 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 Ningbo Boway Alloy is a good buy for the upcoming year.

Ningbo Boway Inventory

5.77 Billion

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Boway Alloy. 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 Ningbo Balance Sheet Analysis

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

Ningbo Boway Balance Sheet Chart

At present, Ningbo Boway's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 7.6 B, whereas Other Current Liabilities is forecasted to decline to about 4.2 M.

Total Current Liabilities

Total Current Liabilities is an item on Ningbo Boway balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ningbo Boway Alloy 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.

Accounts Payable

An accounting item on the balance sheet that represents Ningbo Boway obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ningbo Boway Alloy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most accounts from Ningbo Boway's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ningbo Boway Alloy 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 Ningbo Boway Alloy. 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, Ningbo Boway's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 7.6 B, whereas Other Current Liabilities is forecasted to decline to about 4.2 M.
 2022 2023 2024 2025 (projected)
Other Current Liabilities3.0M3.8M4.4M4.2M
Total Assets14.5B16.3B18.8B19.7B

Ningbo Boway balance sheet Correlations

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Ningbo Boway Account Relationship Matchups

Ningbo Boway balance sheet Accounts

202020212022202320242025 (projected)
Total Assets9.1B11.8B14.5B16.3B18.8B19.7B
Other Current Liab708.4M986.1M3.0M3.8M4.4M4.2M
Total Current Liabilities3.4B5.4B5.8B6.3B7.3B7.6B
Total Stockholder Equity5.2B5.4B6.0B7.1B8.2B8.6B
Retained Earnings1.9B2.1B2.4B3.3B3.8B4.0B
Accounts Payable705.4M1.3B2.1B2.0B2.3B2.4B
Cash784.6M1.2B1.5B3.1B3.6B3.8B
Net Receivables963.5M1.2B1.4B1.7B2.0B2.1B
Inventory2.0B3.3B4.8B4.8B5.5B5.8B
Other Current Assets378.0M380.2M509.2M314.6M361.7M229.9M
Total Liab3.9B6.4B8.5B9.2B10.6B11.2B
Intangible Assets289.0M281.1M281.7M354.8M408.1M428.5M
Property Plant Equipment2.6B3.1B4.1B5.0B5.7B6.0B
Other Assets242.9M384.4M354.0M238.3M274.0M287.7M
Other Liab184.8M221.0M210.6M214.1M246.3M258.6M
Long Term Debt284.1M704.4M2.4B2.5B2.9B3.0B
Net Tangible Assets3.5B3.5B4.9B5.1B5.9B4.0B
Other Stockholder Equity13.0M25.0M(61.8M)(96.2M)(86.6M)(82.3M)
Deferred Long Term Liab6.0M31.0M89.1M89.1M102.5M107.6M
Total Current Assets4.3B6.3B8.7B10.5B12.1B12.7B
Non Current Assets Total4.8B5.5B5.8B5.8B6.7B4.5B
Non Currrent Assets Other219.7M103.6M82.3M220.2M253.3M165.0M
Good Will13.4M12.0M12.1M12.5M11.3M10.6M
Non Current Liabilities Total568.5M1.0B2.7B2.9B3.4B3.5B
Short Long Term Debt1.8B2.8B1.4B1.6B1.9B1.5B
Non Current Liabilities Other4.2M4.5M4.1M2.7M2.5M2.3M
Net Debt1.3B2.3B2.3B1.0B1.2B1.4B
Net Invested Capital7.3B8.9B9.8B11.3B13.0B8.3B
Net Working Capital982.7M913.7M2.9B4.2B4.8B5.1B
Property Plant And Equipment Net4.1B5.0B5.3B5.0B5.7B4.9B
Property Plant And Equipment Gross5.2B6.3B7.2B7.0B8.1B6.5B

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Other Information on Investing in Ningbo Stock

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