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.
 
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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.

Hefei Metalforming Inventory

1.21 Billion

  
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.

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

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.

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 Liabilities222.4M30.0M38.9M36.9M
Total Assets3.1B4.0B4.3B2.3B

Hefei Metalforming balance sheet Correlations

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Hefei Metalforming Account Relationship Matchups

Hefei Metalforming balance sheet Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.7B3.1B4.0B4.3B2.3B
Other Current Liab108.7M162.7M222.4M30.0M38.9M36.9M
Total Current Liabilities771.6M937.8M1.3B1.8B2.1B2.2B
Total Stockholder Equity1.7B1.7B1.8B2.2B2.2B1.4B
Other Liab40.3M28.3M49.8M39.6M45.5M36.3M
Retained Earnings243.4M260.4M324.8M302.2M318.8M239.0M
Accounts Payable304.8M402.1M593.8M774.9M830.9M872.5M
Cash119.3M232.7M233.9M667.8M690.1M724.6M
Other Assets26.0M31.7M51.1M69.7M80.1M84.1M
Net Receivables496.8M385.5M473.4M730.3M803.4M435.8M
Inventory490.5M613.0M821.9M934.9M1.2B1.2B
Other Current Assets39.5M49.0M74.4M12.9M30.5M39.6M
Total Liab836.3M971.3M1.3B1.8B2.1B2.2B
Intangible Assets87.8M83.7M81.7M79.6M93.7M87.1M
Common Stock453.2M453.1M450.7M448.9M516.3M346.1M
Property Plant Equipment386.2M387.8M372.2M386.4M444.4M338.2M
Short Term Investments231.3M77.6M51.4M20.2M26.8K25.4K
Net Tangible Assets1.1B1.1B1.1B1.2B1.3B1.1B
Other Stockholder Equity4.9M5.3M6.4M4.5M5.2M4.6M
Total Current Assets1.4B1.5B1.9B2.8B3.0B1.8B
Non Current Assets Total1.1B1.1B1.2B1.2B1.3B1.2B
Non Currrent Assets Other4.2M6.0M7.9M699.6K8.4M9.0M
Non Current Liabilities Total64.5M33.5M54.5M58.6M47.5M55.0M
Short Long Term Debt297.0M313.9M419.8M557.7M585.1M326.5M
Non Current Liabilities Other1.9M1.6M3.1M4.2M8.9M9.3M
Common Stock Shares Outstanding453.1M450.7M448.9M494.4M568.6M509.3M
Net Invested Capital2.0B2.0B2.2B2.8B2.8B2.4B
Net Working Capital605.8M587.8M604.5M1.0B971.3M821.0M
Capital Stock453.1M450.7M448.9M494.4M568.6M512.4M

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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.