Hongfa Historical Balance Sheet

600885 Stock

35.95 0.29 0.80%

Trend analysis of Hongfa Technology Co balance sheet accounts such as Other Current Liab of 6.7 M, Total Current Liabilities of 4.8 B or Total Stockholder Equity of 10.1 B provides information on Hongfa Technology's total assets, liabilities, and equity, which is the actual value of Hongfa Technology to its prevalent stockholders. By breaking down trends over time using Hongfa Technology 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.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Hongfa Technology 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 Hongfa Technology is a good buy for the upcoming year.

Hongfa Technology Inventory

3.08 Billion

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hongfa Technology 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 nation.

About Hongfa Balance Sheet Analysis

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

Hongfa Technology Balance Sheet Chart

At present, Hongfa Technology's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 4.8 B, whereas Other Current Liabilities is forecasted to decline to about 6.7 M.

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity

Total Assets

Total assets refers to the total amount of Hongfa Technology 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 Hongfa 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 Hongfa Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hongfa Technology Co 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 Hongfa Technology's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Hongfa 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 Hongfa Technology 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 nation.

	2022	2023	2024	2025 (projected)
Other Current Liabilities	11.5M	6.2M	7.1M	6.7M
Total Assets	16.0B	17.7B	20.4B	21.4B

Other Current Liab Total Assets

Hongfa Technology balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Retained Earnings	Short Term Investments	Other Liab	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		-0.5	0.97	1.0	0.98	0.94	0.96	0.95	0.98	0.33	0.99	0.89	0.88	0.97	0.89	0.99	0.9	0.96	0.74	0.88	0.89	0.94	0.89	0.9	0.06	0.93
Other Current Liab	-0.5		-0.43	-0.46	-0.42	-0.39	-0.34	-0.39	-0.45	0.47	-0.51	-0.37	-0.25	-0.35	-0.57	-0.4	-0.62	-0.41	-0.25	-0.33	-0.51	-0.47	-0.46	-0.51	0.12	-0.56
Total Current Liabilities	0.97	-0.43		0.97	0.95	0.91	0.95	0.97	0.93	0.33	0.96	0.91	0.89	0.95	0.77	0.96	0.84	0.9	0.77	0.82	0.79	0.87	0.84	0.84	0.02	0.83
Total Stockholder Equity	1.0	-0.46	0.97		0.98	0.93	0.97	0.95	0.98	0.35	0.99	0.9	0.88	0.97	0.88	0.99	0.89	0.96	0.76	0.88	0.88	0.93	0.89	0.89	0.08	0.92
Accounts Payable	0.98	-0.42	0.95	0.98		0.92	0.98	0.95	0.97	0.44	0.97	0.89	0.88	0.98	0.86	0.98	0.83	0.97	0.77	0.9	0.86	0.94	0.89	0.89	0.11	0.9
Cash	0.94	-0.39	0.91	0.93	0.92		0.88	0.91	0.91	0.31	0.93	0.78	0.87	0.89	0.82	0.91	0.86	0.88	0.61	0.79	0.84	0.89	0.81	0.82	-0.05	0.84
Other Assets	0.96	-0.34	0.95	0.97	0.98	0.88		0.94	0.96	0.52	0.95	0.93	0.87	0.98	0.83	0.99	0.79	0.97	0.81	0.92	0.83	0.92	0.88	0.88	0.15	0.87
Net Receivables	0.95	-0.39	0.97	0.95	0.95	0.91	0.94		0.93	0.43	0.92	0.94	0.95	0.97	0.72	0.95	0.76	0.87	0.82	0.81	0.74	0.82	0.8	0.8	0.05	0.78
Inventory	0.98	-0.45	0.93	0.98	0.97	0.91	0.96	0.93		0.38	0.98	0.88	0.86	0.96	0.91	0.97	0.87	0.96	0.74	0.9	0.91	0.94	0.9	0.9	0.02	0.94
Other Current Assets	0.33	0.47	0.33	0.35	0.44	0.31	0.52	0.43	0.38		0.27	0.49	0.53	0.53	0.14	0.45	-0.01	0.44	0.53	0.49	0.14	0.32	0.29	0.24	0.49	0.18
Total Liab	0.99	-0.51	0.96	0.99	0.97	0.93	0.95	0.92	0.98	0.27		0.85	0.83	0.94	0.92	0.97	0.92	0.97	0.68	0.88	0.92	0.97	0.91	0.92	0.01	0.95
Intangible Assets	0.89	-0.37	0.91	0.9	0.89	0.78	0.93	0.94	0.88	0.49	0.85		0.88	0.95	0.66	0.92	0.68	0.84	0.92	0.8	0.67	0.77	0.76	0.76	0.15	0.72
Common Stock	0.88	-0.25	0.89	0.88	0.88	0.87	0.87	0.95	0.86	0.53	0.83	0.88		0.93	0.63	0.88	0.64	0.81	0.76	0.75	0.63	0.74	0.71	0.71	0.18	0.68
Property Plant Equipment	0.97	-0.35	0.95	0.97	0.98	0.89	0.98	0.97	0.96	0.53	0.94	0.95	0.93		0.79	0.99	0.77	0.94	0.85	0.89	0.79	0.88	0.85	0.84	0.18	0.84
Long Term Debt	0.89	-0.57	0.77	0.88	0.86	0.82	0.83	0.72	0.91	0.14	0.92	0.66	0.63	0.79		0.85	0.92	0.92	0.47	0.84	0.98	0.96	0.88	0.89	-0.03	0.99
Retained Earnings	0.99	-0.4	0.96	0.99	0.98	0.91	0.99	0.95	0.97	0.45	0.97	0.92	0.88	0.99	0.85		0.85	0.97	0.79	0.9	0.85	0.93	0.89	0.89	0.15	0.9
Short Term Investments	0.9	-0.62	0.84	0.89	0.83	0.86	0.79	0.76	0.87	-0.01	0.92	0.68	0.64	0.77	0.92	0.85		0.86	0.49	0.74	0.94	0.91	0.83	0.84	-0.16	0.93
Other Liab	0.96	-0.41	0.9	0.96	0.97	0.88	0.97	0.87	0.96	0.44	0.97	0.84	0.81	0.94	0.92	0.97	0.86		0.68	0.93	0.9	0.98	0.91	0.92	0.18	0.95
Good Will	0.74	-0.25	0.77	0.76	0.77	0.61	0.81	0.82	0.74	0.53	0.68	0.92	0.76	0.85	0.47	0.79	0.49	0.68		0.7	0.49	0.58	0.64	0.62	0.17	0.54
Net Tangible Assets	0.88	-0.33	0.82	0.88	0.9	0.79	0.92	0.81	0.9	0.49	0.88	0.8	0.75	0.89	0.84	0.9	0.74	0.93	0.7		0.82	0.89	0.97	0.96	0.18	0.86
Other Stockholder Equity	0.89	-0.51	0.79	0.88	0.86	0.84	0.83	0.74	0.91	0.14	0.92	0.67	0.63	0.79	0.98	0.85	0.94	0.9	0.49	0.82		0.95	0.87	0.87	-0.17	0.98
Deferred Long Term Liab	0.94	-0.47	0.87	0.93	0.94	0.89	0.92	0.82	0.94	0.32	0.97	0.77	0.74	0.88	0.96	0.93	0.91	0.98	0.58	0.89	0.95		0.91	0.92	0.06	0.98
Total Current Assets	0.89	-0.46	0.84	0.89	0.89	0.81	0.88	0.8	0.9	0.29	0.91	0.76	0.71	0.85	0.88	0.89	0.83	0.91	0.64	0.97	0.87	0.91		0.99	0.05	0.9
Non Current Assets Total	0.9	-0.51	0.84	0.89	0.89	0.82	0.88	0.8	0.9	0.24	0.92	0.76	0.71	0.84	0.89	0.89	0.84	0.92	0.62	0.96	0.87	0.92	0.99		0.06	0.91
Non Currrent Assets Other	0.06	0.12	0.02	0.08	0.11	-0.05	0.15	0.05	0.02	0.49	0.01	0.15	0.18	0.18	-0.03	0.15	-0.16	0.18	0.17	0.18	-0.17	0.06	0.05	0.06		0.0
Non Current Liabilities Total	0.93	-0.56	0.83	0.92	0.9	0.84	0.87	0.78	0.94	0.18	0.95	0.72	0.68	0.84	0.99	0.9	0.93	0.95	0.54	0.86	0.98	0.98	0.9	0.91	0.0

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Hongfa Technology Account Relationship Matchups

Hongfa Technology balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	10.8B	13.7B	16.0B	17.7B	20.4B	21.4B
Other Current Liab	224.6M	386.9M	11.5M	6.2M	7.1M	6.7M
Total Current Liabilities	2.4B	2.7B	3.0B	4.0B	4.6B	4.8B
Total Stockholder Equity	5.5B	6.5B	7.5B	8.3B	9.6B	10.1B
Accounts Payable	1.4B	1.8B	1.9B	1.9B	2.2B	2.3B
Cash	898.2M	1.7B	1.4B	1.9B	2.2B	2.3B
Other Assets	807.3M	1.0B	982.1M	1.2B	1.4B	1.5B
Net Receivables	2.2B	2.6B	2.8B	3.1B	3.6B	3.7B
Inventory	1.5B	2.5B	2.8B	2.5B	2.9B	3.1B
Other Current Assets	269.9M	336.4M	123.6M	66.0M	75.8M	100.0M
Total Liab	3.4B	4.9B	6.0B	6.7B	7.7B	8.0B
Intangible Assets	417.7M	414.7M	487.0M	475.6M	546.9M	574.3M
Property Plant Equipment	2.7B	3.0B	3.3B	3.7B	4.2B	4.4B
Long Term Debt	618.2M	1.6B	2.3B	1.9B	2.2B	2.3B
Retained Earnings	4.3B	5.1B	5.0B	5.7B	6.5B	6.8B
Other Liab	184.3M	311.3M	416.5M	547.7M	629.8M	661.3M
Net Tangible Assets	3.9B	4.5B	5.1B	6.1B	7.0B	4.5B
Other Stockholder Equity	11.1M	18.6M	6.4M	334.7M	384.9M	404.2M
Deferred Long Term Liab	66.4M	107.0M	110.6M	171.6M	197.3M	207.2M
Total Current Assets	6.2B	8.3B	9.3B	10.6B	12.2B	6.9B
Non Current Assets Total	4.7B	5.4B	6.6B	7.1B	8.2B	5.3B
Non Currrent Assets Other	3.5B	320.7M	206.0M	145.3M	167.0M	158.7M
Non Current Liabilities Total	1.0B	2.2B	3.0B	2.7B	3.1B	3.3B
Short Long Term Debt	402.9M	45.2M	40.8M	42.8M	38.5M	36.6M
Non Current Liabilities Other	14.4M	17.9M	21.6M	26.0M	29.9M	16.7M
Net Invested Capital	6.5B	8.2B	9.8B	10.3B	11.8B	8.1B
Net Working Capital	3.8B	5.6B	6.3B	6.6B	7.6B	4.6B
Property Plant And Equipment Net	3.3B	3.7B	4.8B	5.2B	6.0B	4.4B
Property Plant And Equipment Gross	5.6B	6.4B	8.0B	5.2B	6.0B	6.6B

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Hongfa Historical Balance Sheet

Hongfa Technology Inventory

3.08 Billion

About Hongfa Balance Sheet Analysis

Hongfa Technology Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Hongfa Technology balance sheet Correlations

Hongfa Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hongfa Technology balance sheet Accounts

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Other Information on Investing in Hongfa Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.99	Other Assets

Short Term Investments	- 0.62	Other Current Liab
Long Term Debt	- 0.57	Other Current Liab
Non Current Liabilities Total	- 0.56	Other Current Liab
Non Current Assets Total	- 0.51	Other Current Liab
Other Stockholder Equity	- 0.51	Other Current Liab
Total Liab	- 0.51	Other Current Liab