Hangzhou Historical Balance Sheet

002801 Stock   24.36  0.86  3.66%   
Trend analysis of Hangzhou Weiguang Electronic balance sheet accounts such as Other Current Liab of 623.3 K, Total Current Liabilities of 167.8 M or Total Stockholder Equity of 936.6 M provides information on Hangzhou Weiguang's total assets, liabilities, and equity, which is the actual value of Hangzhou Weiguang to its prevalent stockholders. By breaking down trends over time using Hangzhou Weiguang 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 Hangzhou Weiguang 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 Hangzhou Weiguang is a good buy for the upcoming year.

Hangzhou Weiguang Inventory

87.16 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hangzhou Weiguang Electronic. 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 Hangzhou Balance Sheet Analysis

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

Hangzhou Weiguang Balance Sheet Chart

At present, Hangzhou Weiguang's Cash is projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 25 M, whereas Total Assets are forecasted to decline to about 1.1 B.

Total Assets

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

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most accounts from Hangzhou Weiguang's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Hangzhou Weiguang 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 Hangzhou Weiguang Electronic. 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, Hangzhou Weiguang's Cash is projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 25 M, whereas Total Assets are forecasted to decline to about 1.1 B.
 2021 2022 2023 2024 (projected)
Other Current Liabilities51.3M49.7M656.1K623.3K
Total Assets1.6B1.8B1.8B1.1B

Hangzhou Weiguang balance sheet Correlations

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Hangzhou Weiguang Account Relationship Matchups

Hangzhou Weiguang balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.4B1.6B1.8B1.8B1.1B
Other Current Liab28.4M32.2M51.3M49.7M656.1K623.3K
Total Current Liabilities208.2M206.9M241.9M225.6M295.1M167.8M
Total Stockholder Equity1.0B1.2B1.3B1.5B1.5B936.6M
Retained Earnings671.3M829.4M992.0M1.2B1.0B643.6M
Accounts Payable154.4M144.8M156.4M139.7M219.0M115.1M
Cash83.0M153.7M174.5M288.9M505.0M530.3M
Other Assets4.5M5.8M4.3M20.7M23.8M25.0M
Net Receivables229.6M170.5M233.0M162.5M201.7M158.2M
Short Term Investments563.6M608.6M732.1M691.3M256.3M364.1M
Inventory89.9M117.5M160.8M178.3M140.5M87.2M
Other Current Assets1.3M2.3M3.3M4.8M5.7M6.0M
Total Liab210.3M213.0M247.6M237.3M303.7M172.6M
Intangible Assets39.1M38.2M28.2M70.5M68.9M41.7M
Property Plant Equipment156.6M164.9M158.6M177.9M204.6M138.9M
Net Tangible Assets976.1M1.1B1.3B1.5B1.7B1.0B
Total Current Assets1.0B1.1B1.3B1.4B1.2B1.1B
Non Current Assets Total210.2M269.0M280.5M380.2M611.5M309.0M
Non Currrent Assets Other10M166.1M885.7K13.9M512K486.4K
Non Current Liabilities Total2.1M6.1M5.6M11.8M8.6M7.2M
Deferred Long Term Liab852.0K1.5M1.1M271.1K244.0K231.8K
Other Liab2.1M6.1M5.6M8.2M7.4M5.3M
Net Invested Capital1.0B1.2B1.3B1.5B1.5B1.3B
Net Working Capital811.1M912.8M1.1B1.2B893.2M984.6M

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Other Information on Investing in Hangzhou Stock

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