China Historical Balance Sheet
601390 Stock | 6.46 0.26 3.87% |
Trend analysis of China Railway Group balance sheet accounts such as Other Current Liab of 45.7 B, Total Current Liabilities of 1.1 T or Total Stockholder Equity of 349.2 B provides information on China Railway's total assets, liabilities, and equity, which is the actual value of China Railway Group to its prevalent stockholders. By breaking down trends over time using China Railway 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.
Financial Statement Analysis is much more than just reviewing and examining China Railway Group 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 China Railway Group is a good buy for the upcoming year.
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About China Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of China Railway Group at a specified time, usually calculated after every quarter, six months, or one year. China Railway Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Railway 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 China currently owns. An asset can also be divided into two categories, current and non-current.
China Railway Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of China Railway 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 China Railway Group 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 China Railway balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of China Railway Group 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.Short Term Investments
Short Term Investments is an item under the current assets section of China Railway balance sheet. It contains any investments China Railway Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that China Railway Group can easily liquidate in the marketplace.Most accounts from China Railway's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into China Railway Group 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 China Railway Group. 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, China Railway's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 1.1 T, whereas Other Current Liabilities is forecasted to decline to about 45.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 443.0B | 32.1B | 48.1B | 45.7B | Total Assets | 1.4T | 1.6T | 1.8T | 1.9T |
China Railway balance sheet Correlations
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China Railway Account Relationship Matchups
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China Railway balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1T | 1.2T | 1.4T | 1.6T | 1.8T | 1.9T | |
Other Current Liab | 351.5B | 394.4B | 443.0B | 32.1B | 48.1B | 45.7B | |
Total Current Liabilities | 676.0B | 705.1B | 787.9B | 873.4B | 1.0T | 1.1T | |
Total Stockholder Equity | 221.5B | 255.3B | 275.3B | 301.2B | 332.5B | 349.2B | |
Other Liab | 9.1B | 19.9B | 18.9B | 19.4B | 22.3B | 11.4B | |
Accounts Payable | 208.5B | 226.2B | 235.5B | 480.4B | 588.7B | 618.2B | |
Cash | 158.2B | 174.8B | 178.9B | 238.6B | 234.5B | 246.2B | |
Other Assets | 113.9B | 144.7B | 189.4B | 217.0B | 249.5B | 262.0B | |
Long Term Debt | 126.7B | 161.7B | 195.1B | 279.8B | 311.6B | 327.1B | |
Net Receivables | 254.8B | 107.9B | 122.1B | 122.2B | 156.9B | 151.6B | |
Good Will | 1.0B | 1.4B | 1.6B | 1.8B | 1.7B | 989.8M | |
Short Term Investments | 5.4B | 5.1B | 7.2B | 10.2B | 8.9B | 9.3B | |
Inventory | 199.7B | 192.7B | 203.4B | 207.9B | 219.4B | 164.4B | |
Other Current Assets | 47.9B | 80.2B | 104.8B | 63.4B | 64.2B | 42.9B | |
Total Liab | 810.7B | 886.9B | 1.0T | 1.2T | 1.4T | 1.4T | |
Intangible Assets | 39.9B | 77.7B | 125.8B | 170.3B | 198.6B | 208.6B | |
Property Plant Equipment | 68.6B | 68.0B | 73.3B | 76.0B | 87.4B | 47.6B | |
Retained Earnings | 110.2B | 129.7B | 150.7B | 175.4B | 181.1B | 190.2B | |
Net Tangible Assets | 144.5B | 180.5B | 176.3B | 148.1B | 170.3B | 144.7B | |
Other Stockholder Equity | 33.9B | 31.3B | 45.7B | 44.4B | 51.0B | 30.2B | |
Deferred Long Term Liab | 1.1B | 1.3B | 1.4B | 1.4B | 1.6B | 1.2B | |
Short Long Term Debt | 74.3B | 52.7B | 52.8B | 71.2B | 67.4B | 63.8B | |
Total Current Assets | 709.5B | 741.8B | 800.8B | 898.6B | 1.0T | 807.9B | |
Non Current Assets Total | 346.7B | 458.3B | 560.9B | 714.6B | 823.7B | 486.6B | |
Non Currrent Assets Other | 107.9B | 141.0B | 173.7B | 217.1B | 253.2B | 136.1B | |
Non Current Liabilities Total | 134.7B | 181.8B | 215.5B | 316.7B | 358.9B | 205.8B | |
Non Current Liabilities Other | 1.1B | 605.0M | 14.5B | 29.7B | 1.1B | 1.0B | |
Net Debt | 29.5B | 39.6B | 69.1B | 112.4B | 144.4B | 151.6B | |
Net Invested Capital | 409.1B | 469.7B | 523.3B | 652.2B | 711.5B | 535.5B | |
Net Working Capital | 33.5B | 36.6B | 12.9B | 25.2B | (4.9B) | (4.7B) |
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Other Information on Investing in China Stock
Balance Sheet is a snapshot of the financial position of China Railway Group at a specified time, usually calculated after every quarter, six months, or one year. China Railway Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Railway 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 China currently owns. An asset can also be divided into two categories, current and non-current.