Ningbo Historical Balance Sheet

002322 Stock   13.32  0.16  1.19%   
Trend analysis of Ningbo Ligong Online balance sheet accounts such as Other Current Liab of 6.2 M, Total Current Liabilities of 289.4 M or Total Stockholder Equity of 2.1 B provides information on Ningbo Ligong's total assets, liabilities, and equity, which is the actual value of Ningbo Ligong Online to its prevalent stockholders. By breaking down trends over time using Ningbo Ligong 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 Ningbo Ligong Online 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 Ningbo Ligong Online is a good buy for the upcoming year.

Ningbo Ligong Inventory

137.14 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Ligong Online. 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 Ningbo Balance Sheet Analysis

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

Ningbo Ligong Balance Sheet Chart

At present, Ningbo Ligong's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 64.9 M, whereas Total Assets are forecasted to decline to about 2.4 B.

Total Assets

Total assets refers to the total amount of Ningbo Ligong 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 Ningbo Ligong Online 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 Ningbo Ligong balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ningbo Ligong Online 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.

Cash

Cash refers to the most liquid asset of Ningbo Ligong Online, which is listed under current asset account on Ningbo Ligong Online balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ningbo Ligong customers. The amounts must be unrestricted with restricted cash listed in a different Ningbo Ligong 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.

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.
Most accounts from Ningbo Ligong's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ningbo Ligong Online 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 Ningbo Ligong Online. 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, Ningbo Ligong's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 64.9 M, whereas Total Assets are forecasted to decline to about 2.4 B.
 2021 2022 2023 2024 (projected)
Other Current Liabilities157.2M197.7M6.5M6.2M
Total Assets3.3B3.5B3.7B2.4B

Ningbo Ligong balance sheet Correlations

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Ningbo Ligong Account Relationship Matchups

Ningbo Ligong balance sheet Accounts

201920202021202220232024 (projected)
Total Assets3.7B3.7B3.3B3.5B3.7B2.4B
Other Current Liab239.1M142.0M157.2M197.7M6.5M6.2M
Total Current Liabilities754.1M593.6M409.9M408.1M385.4M289.4M
Total Stockholder Equity3.0B3.1B2.9B3.1B3.3B2.1B
Retained Earnings1.0B1.1B940.4M1.1B1.1B623.6M
Accounts Payable225.2M197.0M159.4M138.1M166.3M84.9M
Cash428.6M396.0M475.7M590.8M912.2M555.4M
Other Assets122.0M135.2M114.9M121.0M139.1M146.1M
Net Receivables599.8M357.5M368.9M433.4M438.5M321.7M
Inventory250.1M231.7M196.3M186.3M139.7M137.1M
Other Current Assets29.8M29.4M19.8M40.1M61.8M64.9M
Total Liab760.7M598.8M426.0M419.1M390.9M294.8M
Intangible Assets47.3M44.8M42.4M33.3M28.6M34.5M
Property Plant Equipment477.2M428.8M439.1M423.7M487.2M266.3M
Other Liab10.7M8.5M6.5M5.2M6.0M6.8M
Good Will1.6B1.5B1.3B1.3B1.5B1.5B
Net Tangible Assets1.3B1.5B1.5B1.7B2.0B1.6B
Total Current Assets1.4B1.4B1.2B1.4B1.6B1.5B
Non Current Assets Total2.4B2.3B2.1B2.1B2.1B1.7B
Non Currrent Assets Other12.7M10.0M2.4M14.8M972.9K924.3K
Non Current Liabilities Total6.5M5.2M16.1M11.1M5.6M8.9M
Short Long Term Debt125M290M221.4M170.2M195.8M189.0M
Net Invested Capital3.2B3.3B2.9B3.1B3.3B2.5B
Net Working Capital617.2M771.8M816.6M954.8M1.3B970.0M

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Other Information on Investing in Ningbo Stock

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