Zhende Historical Balance Sheet

603301 Stock   22.66  0.02  0.09%   
Trend analysis of Zhende Medical Co balance sheet accounts such as Net Tangible Assets of 3.9 B, Retained Earnings of 1.7 B or Other Assets of 145.3 M provides information on Zhende Medical's total assets, liabilities, and equity, which is the actual value of Zhende Medical to its prevalent stockholders. By breaking down trends over time using Zhende Medical 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 Zhende Medical 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 Zhende Medical is a good buy for the upcoming year.

Zhende Medical Inventory

669.58 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhende Medical Co. 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 Zhende Balance Sheet Analysis

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

Zhende Medical Balance Sheet Chart

At present, Zhende Medical's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 3.9 B, whereas Retained Earnings are forecasted to decline to about 1.7 B.

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.

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.

Accounts Payable

An accounting item on the balance sheet that represents Zhende Medical 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 Zhende Medical 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.

Cash

Cash refers to the most liquid asset of Zhende Medical, which is listed under current asset account on Zhende Medical Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Zhende Medical customers. The amounts must be unrestricted with restricted cash listed in a different Zhende Medical account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most accounts from Zhende Medical's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Zhende Medical 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 Zhende Medical Co. 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, Zhende Medical's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 3.9 B, whereas Retained Earnings are forecasted to decline to about 1.7 B.
 2020 2021 2023 2024 (projected)
Net Tangible Assets3.8B3.2B3.7B3.9B
Other Liabilities98.9M201.6M231.8M243.4M

Zhende Medical balance sheet Correlations

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Zhende Medical Account Relationship Matchups

Zhende Medical balance sheet Accounts

201920202021202220232024 (projected)
Other Liab45.6M49.2M98.9M201.6M231.8M243.4M
Net Tangible Assets959.4M1.1B3.8B3.2B3.7B3.9B
Retained Earnings446.3M2.9B3.0B3.4B3.1B1.7B
Other Assets22.6M42.6M153.2M120.3M138.4M145.3M
Property Plant Equipment630.0M756.8M1.5B2.2B2.5B2.6B
Total Assets2.7B6.4B6.4B7.9B7.3B4.8B
Other Current Liab89.4M356.8M176.3M16.9M1.4M1.4M
Total Current Liabilities798.3M1.7B1.6B1.5B1.2B1.2B
Total Stockholder Equity1.4B4.2B4.1B5.5B5.4B3.1B
Accounts Payable289.7M636.3M576.8M702.7M412.6M436.2M
Cash646.2M1.8B1.4B2.1B1.1B1.0B
Non Current Assets Total1.1B2.0B3.2B3.8B4.5B2.3B
Non Currrent Assets Other27.0M112.8M60.4M62.8M56.5M53.7M
Long Term Debt424.2M95.1M145.2M388.4M200.2M179.1M
Net Receivables389.7M663.7M690.4M767.9M539.6M511.6M
Good Will89.6M130.4M398.5M474.5M787.8M827.2M
Non Current Liabilities Total471.3M194.0M379.5M621.2M490.0M323.5M
Inventory430.9M1.1B833.5M929.6M800.8M669.6M
Other Current Assets87.2M236.2M265.6M41.0M64.1M117.2M
Total Liab1.3B1.9B2.0B2.1B1.7B1.5B
Short Long Term Debt292.5M358.4M660.7M124.0M220.1M281.6M
Total Current Assets1.6B4.4B3.2B4.1B2.7B2.5B
Intangible Assets185.1M225.6M444.8M564.5M607.1M323.4M
Net Invested Capital2.1B4.6B4.9B6.1B5.8B4.1B
Net Working Capital796.2M2.6B1.6B2.6B1.5B1.5B

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Other Information on Investing in Zhende Stock

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