Shandong Historical Balance Sheet
600022 Stock | 1.72 0.07 4.24% |
Trend analysis of Shandong Iron and balance sheet accounts such as Other Current Liab of 273.3 M, Total Current Liabilities of 22.7 B or Total Stockholder Equity of 12.7 B provides information on Shandong Iron's total assets, liabilities, and equity, which is the actual value of Shandong Iron to its prevalent stockholders. By breaking down trends over time using Shandong Iron 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 Shandong Iron 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 Shandong Iron is a good buy for the upcoming year.
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About Shandong Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Shandong Iron at a specified time, usually calculated after every quarter, six months, or one year. Shandong Iron Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shandong Iron 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 Shandong currently owns. An asset can also be divided into two categories, current and non-current.
Shandong Iron Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Shandong Iron 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 Shandong Iron 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 Shandong Iron balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Shandong Iron and 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.Most accounts from Shandong Iron's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Shandong Iron 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 Shandong Iron and. 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, Shandong Iron's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 13.2 B, whereas Total Assets are forecasted to decline to about 44.4 B.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 4.0B | 4.1B | 287.7M | 273.3M | Total Assets | 72.5B | 69.0B | 66.8B | 44.4B |
Shandong Iron balance sheet Correlations
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Shandong Iron balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 69.5B | 68.5B | 72.5B | 69.0B | 66.8B | 44.4B | |
Other Current Liab | 3.6B | 4.7B | 4.0B | 4.1B | 287.7M | 273.3M | |
Total Current Liabilities | 28.4B | 30.4B | 34.2B | 28.8B | 28.6B | 22.7B | |
Total Stockholder Equity | 20.7B | 21.1B | 21.9B | 21.8B | 21.1B | 12.7B | |
Other Liab | 814.0M | 891.8M | 894.1M | 2.0B | 2.3B | 2.4B | |
Accounts Payable | 18.2B | 16.8B | 19.4B | 17.4B | 18.6B | 10.8B | |
Cash | 5.8B | 6.8B | 9.8B | 7.9B | 6.1B | 5.1B | |
Long Term Debt | 10.0B | 6.0B | 2.7B | 6.2B | 5.7B | 4.0B | |
Net Receivables | 5.7B | 97.2M | 243.9M | 277.7M | 373.9M | 355.2M | |
Inventory | 4.9B | 5.1B | 6.1B | 5.0B | 4.8B | 4.6B | |
Other Current Assets | 3.0B | 2.1B | 1.2B | 1.2B | 259.9M | 246.9M | |
Total Liab | 39.3B | 37.6B | 40.0B | 37.2B | 36.1B | 27.8B | |
Property Plant Equipment | 42.9B | 42.5B | 44.3B | 43.8B | 50.3B | 26.7B | |
Retained Earnings | 1.6B | 2.3B | 3.1B | 2.1B | 1.3B | 988.0M | |
Other Assets | 1.2B | 1.6B | 1.3B | 2.4B | 2.7B | 2.8B | |
Intangible Assets | 4.5B | 4.5B | 4.8B | 4.7B | 5.9B | 3.1B | |
Net Tangible Assets | 16.2B | 16.6B | 17.1B | 17.1B | 19.7B | 17.4B | |
Other Stockholder Equity | 17.0M | (526.1K) | 7.6B | 7.6B | 8.7B | 9.2B | |
Deferred Long Term Liab | 2.5M | 2.5M | 2.3M | 2.1M | 2.4M | 2.2M | |
Short Long Term Debt | 3.7B | 5.0B | 6.2B | 3.6B | 3.7B | 3.9B | |
Total Current Assets | 19.5B | 18.1B | 20.1B | 16.2B | 14.6B | 15.4B | |
Non Current Assets Total | 50.1B | 50.4B | 52.5B | 52.8B | 52.1B | 51.8B | |
Non Currrent Assets Other | 560.0M | 886.8M | 610.6M | 1.6B | 12.2M | 11.6M | |
Non Current Liabilities Total | 10.9B | 7.3B | 5.8B | 8.4B | 7.5B | 7.8B | |
Net Debt | 5.1B | 7.4B | 4.2B | 2.0B | 3.2B | 4.0B | |
Net Invested Capital | 33.9B | 32.2B | 30.8B | 31.7B | 30.5B | 25.4B | |
Net Working Capital | (8.9B) | (12.3B) | (14.1B) | (12.7B) | (14.0B) | (14.7B) |
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Other Information on Investing in Shandong Stock
Balance Sheet is a snapshot of the financial position of Shandong Iron at a specified time, usually calculated after every quarter, six months, or one year. Shandong Iron Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shandong Iron 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 Shandong currently owns. An asset can also be divided into two categories, current and non-current.