HaiXin Historical Balance Sheet

002702 Stock   4.61  0.10  2.22%   
Trend analysis of HaiXin Foods Co balance sheet accounts such as Other Current Liab of 60.1 M, Total Current Liabilities of 383.3 M or Total Stockholder Equity of 770.1 M provides information on HaiXin Foods' total assets, liabilities, and equity, which is the actual value of HaiXin Foods to its prevalent stockholders. By breaking down trends over time using HaiXin Foods 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.
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining HaiXin Foods 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 HaiXin Foods is a good buy for the upcoming year.

HaiXin Foods Inventory

246.61 Million

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

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

HaiXin Foods Balance Sheet Chart

At present, HaiXin Foods' Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 214.3 M, whereas Total Assets are forecasted to decline to about 1.2 B.

Total Assets

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

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most accounts from HaiXin Foods' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into HaiXin Foods 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 HaiXin Foods 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, HaiXin Foods' Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 214.3 M, whereas Total Assets are forecasted to decline to about 1.2 B.
 2021 2022 2023 2024 (projected)
Other Current Liabilities39.5M105.7M43.4M60.1M
Total Assets1.5B1.8B2.2B1.2B

HaiXin Foods balance sheet Correlations

0.180.920.890.510.940.240.80.940.90.190.80.660.780.80.720.7-0.08-0.12-0.030.73-0.570.840.780.670.68
0.180.250.090.270.1-0.010.170.07-0.02-0.170.21-0.02-0.150.140.04-0.020.690.14-0.340.110.490.150.140.10.14
0.920.250.660.350.97-0.020.840.880.950.070.860.760.810.780.770.76-0.01-0.09-0.090.82-0.570.90.820.670.7
0.890.090.660.670.720.410.570.870.660.270.560.440.660.610.470.46-0.05-0.080.080.45-0.430.630.480.420.42
0.510.270.350.670.440.230.30.640.360.130.290.360.340.310.240.230.040.13-0.020.19-0.140.230.090.030.14
0.940.10.970.720.440.010.830.940.970.120.830.810.860.780.760.74-0.16-0.09-0.020.78-0.670.870.790.670.69
0.24-0.01-0.020.410.230.010.030.080.010.190.05-0.2-0.190.10.110.12-0.21-0.17-0.220.08-0.07-0.020.220.140.18
0.80.170.840.570.30.830.030.740.820.020.990.670.630.970.950.85-0.17-0.54-0.150.96-0.730.850.850.750.93
0.940.070.880.870.640.940.080.740.90.090.730.790.840.710.650.66-0.16-0.080.00.64-0.60.790.620.510.54
0.9-0.020.950.660.360.970.010.820.90.10.820.830.840.760.780.79-0.23-0.17-0.050.81-0.730.870.790.630.67
0.19-0.170.070.270.130.120.190.020.090.10.08-0.20.180.110.070.020.130.150.290.02-0.260.190.09-0.060.11
0.80.210.860.560.290.830.050.990.730.820.080.630.630.970.940.82-0.12-0.51-0.160.95-0.710.870.860.740.94
0.66-0.020.760.440.360.81-0.20.670.790.83-0.20.630.620.570.60.66-0.34-0.2-0.260.62-0.570.620.580.40.48
0.78-0.150.810.660.340.86-0.190.630.840.840.180.630.620.590.560.54-0.070.050.380.56-0.680.790.480.50.42
0.80.140.780.610.310.780.10.970.710.760.110.970.570.590.910.75-0.21-0.56-0.130.92-0.70.790.850.760.95
0.720.040.770.470.240.760.110.950.650.780.070.940.60.560.910.94-0.28-0.51-0.180.96-0.770.810.850.710.92
0.7-0.020.760.460.230.740.120.850.660.790.020.820.660.540.750.94-0.3-0.41-0.270.88-0.690.780.780.560.76
-0.080.69-0.01-0.050.04-0.16-0.21-0.17-0.16-0.230.13-0.12-0.34-0.07-0.21-0.28-0.30.40.28-0.210.490.05-0.28-0.2-0.26
-0.120.14-0.09-0.080.13-0.09-0.17-0.54-0.08-0.170.15-0.51-0.20.05-0.56-0.51-0.410.40.36-0.540.47-0.24-0.36-0.28-0.59
-0.03-0.34-0.090.08-0.02-0.02-0.22-0.150.0-0.050.29-0.16-0.260.38-0.13-0.18-0.270.280.36-0.21-0.20.01-0.280.09-0.21
0.730.110.820.450.190.780.080.960.640.810.020.950.620.560.920.960.88-0.21-0.54-0.21-0.710.780.870.730.91
-0.570.49-0.57-0.43-0.14-0.67-0.07-0.73-0.6-0.73-0.26-0.71-0.57-0.68-0.7-0.77-0.690.490.47-0.2-0.71-0.68-0.59-0.55-0.69
0.840.150.90.630.230.87-0.020.850.790.870.190.870.620.790.790.810.780.05-0.240.010.78-0.680.730.60.73
0.780.140.820.480.090.790.220.850.620.790.090.860.580.480.850.850.78-0.28-0.36-0.280.87-0.590.730.850.9
0.670.10.670.420.030.670.140.750.510.63-0.060.740.40.50.760.710.56-0.2-0.280.090.73-0.550.60.850.81
0.680.140.70.420.140.690.180.930.540.670.110.940.480.420.950.920.76-0.26-0.59-0.210.91-0.690.730.90.81
Click cells to compare fundamentals

HaiXin Foods Account Relationship Matchups

HaiXin Foods balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.4B1.5B1.8B2.2B1.2B
Other Current Liab27.4M37.0M39.5M105.7M43.4M60.1M
Total Current Liabilities406.0M490.1M583.8M666.7M715.2M383.3M
Total Stockholder Equity788.5M835.4M779.8M839.5M1.2B770.1M
Retained Earnings204.8M251.8M193.3M256.5M173.3M214.3M
Accounts Payable285.7M300.0M333.9M417.8M422.1M233.1M
Cash105.1M117.5M116.4M179.1M277.2M163.7M
Other Assets18.5M32.1M41.3M53.0M61.0M64.0M
Net Receivables204.8M222.0M201.0M231.3M253.2M167.7M
Inventory294.5M322.5M371.5M362.6M430.0M246.6M
Other Current Assets18.5M20.6M29.0M50.0M112.9M57.8M
Total Liab407.6M511.8M689.5M906.9M973.5M1.0B
Intangible Assets72.3M70.6M69.2M67.8M65.8M37.9M
Property Plant Equipment300.1M338.8M578.7M754.8M868.0M911.4M
Other Liab1.6M21.7M18.2M26.6M30.6M32.1M
Short Term Investments200.8M233.9M117.7M145.6M131.0M148.8M
Net Tangible Assets671.9M708.3M658.9M720.0M648.0M561.8M
Other Stockholder Equity(47.0)9.028.08.6K7.8K7.4K
Deferred Long Term Liab1.2M8.7M16.6M14.9M17.1M18.0M
Total Current Assets742.2M834.8M730.9M827.0M1.1B841.8M
Non Current Assets Total453.9M518.2M757.0M939.1M1.1B694.8M
Non Currrent Assets Other3.0M2.7M4.9M7.5M7.6M5.1M
Non Current Liabilities Total1.6M21.7M105.7M240.1M258.3M271.3M
Net Invested Capital788.5M835.4M965.4M1.1B1.5B1.1B
Net Working Capital336.1M344.6M147.1M160.3M374.3M240.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in HaiXin Stock

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