China Historical Balance Sheet
601881 Stock | 15.80 0.03 0.19% |
Trend analysis of China Galaxy Securities balance sheet accounts such as Other Current Liab of 40.6 B, Total Current Liabilities of 256.3 B or Total Stockholder Equity of 89.2 B provides information on China Galaxy's total assets, liabilities, and equity, which is the actual value of China Galaxy Securities to its prevalent stockholders. By breaking down trends over time using China Galaxy 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.
Financial Statement Analysis is much more than just reviewing and examining China Galaxy Securities 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 China Galaxy Securities is a good buy for the upcoming year.
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About China Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of China Galaxy Securities at a specified time, usually calculated after every quarter, six months, or one year. China Galaxy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Galaxy 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 China currently owns. An asset can also be divided into two categories, current and non-current.
China Galaxy Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of China Galaxy 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 China Galaxy Securities 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 China Galaxy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of China Galaxy Securities 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.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.Accounts Payable
An accounting item on the balance sheet that represents China Galaxy 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 China Galaxy Securities 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.Most accounts from China Galaxy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into China Galaxy Securities 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 China Galaxy Securities. 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, China Galaxy's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Other Liabilities is expected to grow to about 36.3 B, whereas Total Assets are forecasted to decline to about 447.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 16.6B | 33.6B | 38.7B | 40.6B | Total Assets | 560.1B | 625.2B | 663.2B | 447.7B |
China Galaxy balance sheet Correlations
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China Galaxy Account Relationship Matchups
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China Galaxy balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 315.7B | 445.7B | 560.1B | 625.2B | 663.2B | 447.7B | |
Other Current Liab | 3.1B | 8.5B | 16.6B | 33.6B | 38.7B | 40.6B | |
Total Current Liabilities | 209.6B | 305.2B | 331.1B | 374.9B | 431.1B | 256.3B | |
Total Stockholder Equity | 70.9B | 81.3B | 99.0B | 102.6B | 130.5B | 89.2B | |
Other Liab | 780.6M | 6.4B | 24.9B | 30.1B | 34.6B | 36.3B | |
Net Tangible Assets | 70.0B | 80.3B | 97.2B | 100.8B | 115.9B | 81.3B | |
Retained Earnings | 34.9B | 40.6B | 48.1B | 51.6B | 30.3B | 38.8B | |
Accounts Payable | 76.7B | 114.4B | 133.7B | 137.6B | 120.3B | 107.9B | |
Cash | 22.0B | 109.5B | 129.9B | 176.1B | 166.6B | 116.8B | |
Other Assets | 1.7B | 49.6B | 9.3B | 28.4B | 32.7B | 34.3B | |
Net Receivables | 64.5B | 94.8B | 108.3B | 94.8B | 109.0B | 83.5B | |
Good Will | 439.5M | 426.5M | 1.0B | 1.0B | 1.0B | 592.4M | |
Other Current Assets | 24.8B | 76.0B | 44.0B | 55.9B | 64.3B | 40.9B | |
Other Stockholder Equity | 802.5M | 5.3B | 15.7B | 15.8B | 18.2B | 19.1B | |
Total Liab | 243.7B | 363.7B | 461.2B | 522.6B | 532.7B | 358.1B | |
Long Term Investments | 123.0B | 186.6B | 258.8B | 325.0B | 359.7B | 185.1B | |
Total Current Assets | 260.3B | 349.4B | 425.9B | 461.5B | 530.8B | 327.8B | |
Intangible Assets | 493.5M | 525.1M | 704.8M | 750.3M | 820.5M | 585.4M | |
Property Plant Equipment | 1.7B | 1.3B | 2.0B | 2.3B | 2.6B | 2.7B | |
Net Debt | 65.4B | 28.0B | 9.5B | 74.0B | 85.1B | 89.3B | |
Net Invested Capital | 166.5B | 218.8B | 238.4B | 255.0B | 274.4B | 230.9B |
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Other Information on Investing in China Stock
Balance Sheet is a snapshot of the financial position of China Galaxy Securities at a specified time, usually calculated after every quarter, six months, or one year. China Galaxy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Galaxy 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 China currently owns. An asset can also be divided into two categories, current and non-current.