Shanghai Other Non Cash Items vs Net Borrowings Analysis

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