Suzhou Historical Balance Sheet

688355 Stock   18.51  0.27  1.48%   
Trend analysis of Suzhou Mingzhi Technology balance sheet accounts such as Other Current Liab of 2.8 M, Total Current Liabilities of 269.4 M or Total Stockholder Equity of 878.3 M provides information on Suzhou Mingzhi's total assets, liabilities, and equity, which is the actual value of Suzhou Mingzhi Technology to its prevalent stockholders. By breaking down trends over time using Suzhou Mingzhi 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.

Suzhou Mingzhi Inventory

197.81 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Mingzhi Technology. 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 Suzhou Balance Sheet Analysis

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

Suzhou Mingzhi Balance Sheet Chart

At present, Suzhou Mingzhi's Accounts Payable is projected to increase significantly based on the last few years of reporting. The current year's Net Receivables is expected to grow to about 164.3 M, whereas Total Assets are forecasted to decline to about 1.3 B.

Total Assets

Total assets refers to the total amount of Suzhou Mingzhi 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 Suzhou Mingzhi Technology 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 Suzhou Mingzhi balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Suzhou Mingzhi Technology 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 Suzhou Mingzhi 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 Suzhou Mingzhi Technology 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 Suzhou Mingzhi's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Suzhou Mingzhi Technology 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 Suzhou Mingzhi Technology. 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, Suzhou Mingzhi's Accounts Payable is projected to increase significantly based on the last few years of reporting. The current year's Net Receivables is expected to grow to about 164.3 M, whereas Total Assets are forecasted to decline to about 1.3 B.
 2021 2022 2023 2024 (projected)
Other Current Liabilities28.6M6.1M2.9M2.8M
Total Assets1.4B1.5B1.4B1.3B

Suzhou Mingzhi balance sheet Correlations

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0.96-0.95-0.750.980.890.660.760.750.720.820.92-0.930.180.67-0.80.97-0.570.950.920.590.970.750.70.720.76
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-0.920.830.71-0.93-0.93-0.98-0.57-0.56-0.72-0.56-0.9-0.83-0.12-0.520.78-0.910.62-0.96-0.83-0.41-0.96-0.55-0.5-0.57-0.57
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1.0-0.87-0.621.00.970.870.510.810.820.70.910.96-0.910.370.69-0.68-0.40.990.960.710.990.820.740.780.8
-0.410.590.85-0.46-0.57-0.54-0.9-0.260.04-0.57-0.21-0.470.620.59-0.340.85-0.4-0.42-0.47-0.04-0.48-0.12-0.31-0.18-0.33
0.99-0.84-0.60.980.950.930.460.70.850.60.950.91-0.960.320.6-0.670.99-0.420.910.61.00.720.630.690.7
0.96-0.83-0.660.960.920.740.640.920.640.850.781.0-0.830.310.8-0.710.96-0.470.910.830.920.870.880.840.92
0.71-0.5-0.310.690.590.290.360.950.440.80.50.83-0.410.550.81-0.330.71-0.040.60.830.590.910.940.860.93
0.99-0.87-0.640.990.970.930.530.710.820.630.920.92-0.960.250.6-0.710.99-0.481.00.920.590.710.640.680.71
0.81-0.75-0.520.790.750.470.450.960.590.820.630.87-0.550.620.9-0.540.82-0.120.720.870.910.710.940.970.95
0.74-0.69-0.590.740.70.370.640.990.360.950.460.88-0.50.390.93-0.60.74-0.310.630.880.940.640.940.921.0
0.78-0.74-0.610.760.720.490.510.920.50.840.620.84-0.570.630.97-0.620.78-0.180.690.840.860.680.970.920.94
0.8-0.74-0.630.80.760.460.640.990.430.950.540.92-0.570.410.94-0.640.8-0.330.70.920.930.710.951.00.94
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Suzhou Mingzhi Account Relationship Matchups

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Other Information on Investing in Suzhou Stock

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