Shengda Historical Balance Sheet

000603 Stock   12.76  0.17  1.35%   
Trend analysis of Shengda Mining Co balance sheet accounts such as Total Assets of 6.9 B, Short and Long Term Debt Total of 1.2 B or Other Current Liab of 4.3 M provides information on Shengda Mining's total assets, liabilities, and equity, which is the actual value of Shengda Mining to its prevalent stockholders. By breaking down trends over time using Shengda Mining 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 Shengda Mining 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 Shengda Mining is a good buy for the upcoming year.

Shengda Mining Inventory

258.2 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shengda Mining 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 Shengda Balance Sheet Analysis

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

Shengda Mining Balance Sheet Chart

At present, Shengda Mining's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 1.2 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 382.8 M.

Total Assets

Total assets refers to the total amount of Shengda Mining 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 Shengda Mining 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.

Accounts Payable

An accounting item on the balance sheet that represents Shengda Mining 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 Shengda Mining 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.

Liabilities And Stockholders Equity

The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.
Most accounts from Shengda Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Shengda Mining 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 Shengda Mining 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, Shengda Mining's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 1.2 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 382.8 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.2B912.7M1.2B1.2B
Total Assets5.3B5.4B6.5B6.9B

Shengda Mining balance sheet Correlations

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0.35-0.01-0.170.15-0.170.18-0.180.23-0.58-0.09-0.21-0.07-0.40.77-0.31-0.18-0.32-0.40.3-0.170.2-0.20.41-0.12-0.24
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0.440.410.51-0.430.440.330.430.290.60.50.46-0.40.45-0.020.370.450.42-0.320.20.450.250.480.260.530.3
0.440.570.42-0.10.430.660.440.630.00.510.420.770.5-0.020.240.420.29-0.410.110.440.730.380.730.460.23
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0.270.90.96-0.220.930.740.920.670.860.870.93-0.180.910.450.420.740.90.05-0.250.970.80.860.640.830.62
0.250.910.89-0.090.950.760.970.540.870.930.97-0.320.910.420.290.920.90.03-0.330.950.830.890.610.820.77
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0.51-0.01-0.22-0.01-0.220.24-0.220.14-0.32-0.09-0.240.30.020.20.11-0.21-0.25-0.33-0.03-0.24-0.11-0.20.28-0.25-0.17
0.320.950.96-0.220.990.810.980.680.860.950.98-0.170.950.450.440.860.970.950.03-0.240.880.940.690.840.72
0.390.940.8-0.20.890.910.90.760.550.930.90.20.90.250.730.840.80.83-0.17-0.110.880.840.810.770.71
0.250.910.91-0.350.960.780.940.550.820.940.95-0.20.910.480.380.880.860.890.02-0.20.940.840.60.750.83
0.790.820.640.110.690.890.70.680.350.760.660.410.810.260.730.560.640.61-0.310.280.690.810.60.590.46
0.40.80.87-0.270.810.70.870.640.790.820.83-0.120.790.530.460.680.830.82-0.09-0.250.840.770.750.590.5
0.060.750.57-0.220.750.680.760.220.550.810.83-0.240.750.30.230.830.620.77-0.07-0.170.720.710.830.460.5
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Shengda Mining Account Relationship Matchups

Shengda Mining balance sheet Accounts

201920202021202220232024 (projected)
Total Assets4.3B4.6B5.3B5.4B6.5B6.9B
Short Long Term Debt Total869.8M1.4B1.2B912.7M1.2B1.2B
Other Current Liab192.3M5.1M12.7M251.1M4.6M4.3M
Total Current Liabilities980.8M1.3B1.6B1.5B1.8B1.9B
Total Stockholder Equity2.3B2.2B2.6B3.0B3.1B3.3B
Property Plant And Equipment Net1.6B1.8B2.3B2.5B2.5B2.7B
Current Deferred Revenue351.8M357.3M610.9M79.1M356.0M373.8M
Net Debt544.0M596.6M781.3M634.8M710.0M745.5M
Retained Earnings1.7B1.9B2.3B2.7B2.8B3.0B
Accounts Payable257.1M261.6M332.5M359.8M472.0M495.6M
Cash325.8M784.8M372.8M277.9M446.9M265.8M
Non Current Assets Total3.2B3.3B3.6B3.8B4.8B5.0B
Non Currrent Assets Other554.4M500.8M447.9M431.1M428.1M449.5M
Cash And Short Term Investments698.3M1.2B724.6M632.7M792.2M831.8M
Net Receivables213.5M53.3M726.5M664.5M728.8M765.3M
Liabilities And Stockholders Equity4.3B4.6B5.3B5.4B6.5B6.9B
Non Current Liabilities Total704.3M673.9M549.8M382.2M796.6M836.4M
Inventory183.5M126.5M214.1M244.6M245.9M258.2M
Other Current Assets9.6M7.6M21.0M7.0M11.3M17.1M
Other Stockholder Equity437.9M189.6M156.4M156.6M157.5M232.4M
Total Liab1.7B2.0B2.2B1.8B2.6B2.8B
Total Current Assets1.1B1.3B1.7B1.5B1.8B1.9B
Short Term Debt179.6M720.9M668.6M773.5M1.0B1.1B
Short Term Investments372.5M376.8M351.7M354.8M345.3M186.4M
Other Liab14.0M13.5M21.2M243.1M279.5M293.5M
Property Plant Equipment1.6B1.8B2.3B2.5B2.9B3.0B
Intangible Assets476.4M459.6M538.9M509.2M1.3B1.4B
Net Tangible Assets1.8B1.8B2.0B2.4B2.8B2.1B
Deferred Long Term Liab42.1M49.2M44.5M44.5M51.2M30.0M
Long Term Debt690.3M660.4M485.5M130M143.5M136.3M
Net Invested Capital3.1B3.5B3.5B3.5B4.0B3.5B
Short Long Term Debt130.2M570.9M421.9M348.1M751.5M390.1M
Net Working Capital124.1M4.1M61.3M85.1M(66.5M)(63.1M)

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Other Information on Investing in Shengda Stock

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