Hefei Historical Balance Sheet
603011 Stock | 7.79 0.09 1.17% |
Trend analysis of Hefei Metalforming Mach balance sheet accounts such as Other Current Liab of 36.9 M, Total Current Liabilities of 2.2 B or Total Stockholder Equity of 1.4 B provides information on Hefei Metalforming's total assets, liabilities, and equity, which is the actual value of Hefei Metalforming Mach to its prevalent stockholders. By breaking down trends over time using Hefei Metalforming 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 Hefei Metalforming Mach 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 Hefei Metalforming Mach is a good buy for the upcoming year.
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About Hefei Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Hefei Metalforming Mach at a specified time, usually calculated after every quarter, six months, or one year. Hefei Metalforming Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hefei Metalforming 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 Hefei currently owns. An asset can also be divided into two categories, current and non-current.
Hefei Metalforming Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Hefei Metalforming balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hefei Metalforming Mach 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.Accounts Payable
An accounting item on the balance sheet that represents Hefei Metalforming 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 Hefei Metalforming Mach 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 Hefei Metalforming's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Hefei Metalforming Mach 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 Hefei Metalforming Mach. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, Hefei Metalforming's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 872.5 M, whereas Total Assets are forecasted to decline to about 2.3 B.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 222.4M | 30.0M | 38.9M | 36.9M | Total Assets | 3.1B | 4.0B | 4.3B | 2.3B |
Hefei Metalforming balance sheet Correlations
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Hefei Metalforming balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.5B | 2.7B | 3.1B | 4.0B | 4.3B | 2.3B | |
Other Current Liab | 108.7M | 162.7M | 222.4M | 30.0M | 38.9M | 36.9M | |
Total Current Liabilities | 771.6M | 937.8M | 1.3B | 1.8B | 2.1B | 2.2B | |
Total Stockholder Equity | 1.7B | 1.7B | 1.8B | 2.2B | 2.2B | 1.4B | |
Other Liab | 40.3M | 28.3M | 49.8M | 39.6M | 45.5M | 36.3M | |
Retained Earnings | 243.4M | 260.4M | 324.8M | 302.2M | 318.8M | 239.0M | |
Accounts Payable | 304.8M | 402.1M | 593.8M | 774.9M | 830.9M | 872.5M | |
Cash | 119.3M | 232.7M | 233.9M | 667.8M | 690.1M | 724.6M | |
Other Assets | 26.0M | 31.7M | 51.1M | 69.7M | 80.1M | 84.1M | |
Net Receivables | 496.8M | 385.5M | 473.4M | 730.3M | 803.4M | 435.8M | |
Inventory | 490.5M | 613.0M | 821.9M | 934.9M | 1.2B | 1.2B | |
Other Current Assets | 39.5M | 49.0M | 74.4M | 12.9M | 30.5M | 39.6M | |
Total Liab | 836.3M | 971.3M | 1.3B | 1.8B | 2.1B | 2.2B | |
Intangible Assets | 87.8M | 83.7M | 81.7M | 79.6M | 93.7M | 87.1M | |
Common Stock | 453.2M | 453.1M | 450.7M | 448.9M | 516.3M | 346.1M | |
Property Plant Equipment | 386.2M | 387.8M | 372.2M | 386.4M | 444.4M | 338.2M | |
Short Term Investments | 231.3M | 77.6M | 51.4M | 20.2M | 26.8K | 25.4K | |
Net Tangible Assets | 1.1B | 1.1B | 1.1B | 1.2B | 1.3B | 1.1B | |
Other Stockholder Equity | 4.9M | 5.3M | 6.4M | 4.5M | 5.2M | 4.6M | |
Total Current Assets | 1.4B | 1.5B | 1.9B | 2.8B | 3.0B | 1.8B | |
Non Current Assets Total | 1.1B | 1.1B | 1.2B | 1.2B | 1.3B | 1.2B | |
Non Currrent Assets Other | 4.2M | 6.0M | 7.9M | 699.6K | 8.4M | 9.0M | |
Non Current Liabilities Total | 64.5M | 33.5M | 54.5M | 58.6M | 47.5M | 55.0M | |
Short Long Term Debt | 297.0M | 313.9M | 419.8M | 557.7M | 585.1M | 326.5M | |
Non Current Liabilities Other | 1.9M | 1.6M | 3.1M | 4.2M | 8.9M | 9.3M | |
Common Stock Shares Outstanding | 453.1M | 450.7M | 448.9M | 494.4M | 568.6M | 509.3M | |
Net Invested Capital | 2.0B | 2.0B | 2.2B | 2.8B | 2.8B | 2.4B | |
Net Working Capital | 605.8M | 587.8M | 604.5M | 1.0B | 971.3M | 821.0M | |
Capital Stock | 453.1M | 450.7M | 448.9M | 494.4M | 568.6M | 512.4M |
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Other Information on Investing in Hefei Stock
Balance Sheet is a snapshot of the financial position of Hefei Metalforming Mach at a specified time, usually calculated after every quarter, six months, or one year. Hefei Metalforming Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hefei Metalforming 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 Hefei currently owns. An asset can also be divided into two categories, current and non-current.