Ming Historical Balance Sheet

601615 Stock   12.52  0.23  1.80%   
Trend analysis of Ming Yang Smart balance sheet accounts such as Other Current Liab of 614.8 M, Total Current Liabilities of 24.1 B or Total Stockholder Equity of 14.8 B provides information on Ming Yang's total assets, liabilities, and equity, which is the actual value of Ming Yang Smart to its prevalent stockholders. By breaking down trends over time using Ming Yang 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.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Ming Yang Smart 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 Ming Yang Smart is a good buy for the upcoming year.

Ming Yang Inventory

6.05 Billion

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ming Yang Smart. 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 Ming Balance Sheet Analysis

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

Ming Yang Balance Sheet Chart

At present, Ming Yang's Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 8.2 B, whereas Total Assets are forecasted to decline to about 49.5 B.

Total Assets

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

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most accounts from Ming Yang's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ming Yang Smart 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 Ming Yang Smart. 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, Ming Yang's Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 8.2 B, whereas Total Assets are forecasted to decline to about 49.5 B.
 2021 2022 2023 2024 (projected)
Other Current Liabilities11.8B617.9M647.2M614.8M
Total Assets61.5B68.9B83.9B49.5B

Ming Yang balance sheet Correlations

0.090.980.980.940.940.930.980.880.980.910.920.810.670.240.940.950.830.130.990.93-0.820.990.77-0.510.97
0.090.24-0.020.230.05-0.110.110.5-0.08-0.14-0.07-0.11-0.570.040.00.290.350.580.170.09-0.420.250.330.29-0.09
0.980.240.940.930.930.890.980.920.930.880.90.730.580.160.890.980.880.160.990.91-0.841.00.82-0.480.9
0.98-0.020.940.920.920.940.960.810.980.930.910.750.720.210.90.920.750.020.950.9-0.810.950.74-0.460.96
0.940.230.930.920.890.840.930.90.910.820.820.70.460.390.870.960.750.140.940.9-0.880.940.75-0.360.87
0.940.050.930.920.890.980.930.850.910.970.980.720.570.220.870.920.790.040.930.98-0.850.940.78-0.680.88
0.93-0.110.890.940.840.980.910.770.930.990.990.740.680.210.870.870.75-0.030.910.96-0.790.90.75-0.680.9
0.980.110.980.960.930.930.910.840.960.910.920.720.650.180.880.970.860.00.970.91-0.820.970.84-0.470.91
0.880.50.920.810.90.850.770.840.790.730.760.680.280.270.820.910.830.470.910.87-0.880.940.72-0.40.79
0.98-0.080.930.980.910.910.930.960.790.910.90.840.770.280.950.90.770.030.960.91-0.740.940.71-0.530.98
0.91-0.140.880.930.820.970.990.910.730.910.990.670.690.120.820.870.71-0.130.880.93-0.780.880.73-0.680.87
0.92-0.070.90.910.820.980.990.920.760.90.990.70.650.160.840.880.78-0.080.90.95-0.780.90.79-0.710.87
0.81-0.110.730.750.70.720.740.720.680.840.670.70.690.530.950.620.710.320.830.79-0.440.760.47-0.620.89
0.67-0.570.580.720.460.570.680.650.280.770.690.650.69-0.040.690.480.43-0.240.630.52-0.20.560.31-0.50.78
0.240.040.160.210.390.220.210.180.270.280.120.160.53-0.040.450.150.250.20.260.38-0.240.20.24-0.170.28
0.940.00.890.90.870.870.870.880.820.950.820.840.950.690.450.820.790.250.950.91-0.670.910.63-0.60.97
0.950.290.980.920.960.920.870.970.910.90.870.880.620.480.150.820.820.090.950.9-0.910.980.82-0.410.85
0.830.350.880.750.750.790.750.860.830.770.710.780.710.430.250.790.820.270.870.79-0.690.870.89-0.410.73
0.130.580.160.020.140.04-0.030.00.470.03-0.13-0.080.32-0.240.20.250.090.270.190.12-0.110.22-0.050.050.14
0.990.170.990.950.940.930.910.970.910.960.880.90.830.630.260.950.950.870.190.93-0.810.990.78-0.530.95
0.930.090.910.90.90.980.960.910.870.910.930.950.790.520.380.910.90.790.120.93-0.850.930.76-0.70.89
-0.82-0.42-0.84-0.81-0.88-0.85-0.79-0.82-0.88-0.74-0.78-0.78-0.44-0.2-0.24-0.67-0.91-0.69-0.11-0.81-0.85-0.86-0.810.33-0.68
0.990.251.00.950.940.940.90.970.940.940.880.90.760.560.20.910.980.870.220.990.93-0.860.8-0.480.92
0.770.330.820.740.750.780.750.840.720.710.730.790.470.310.240.630.820.89-0.050.780.76-0.810.8-0.30.6
-0.510.29-0.48-0.46-0.36-0.68-0.68-0.47-0.4-0.53-0.68-0.71-0.62-0.5-0.17-0.6-0.41-0.410.05-0.53-0.70.33-0.48-0.3-0.58
0.97-0.090.90.960.870.880.90.910.790.980.870.870.890.780.280.970.850.730.140.950.89-0.680.920.6-0.58
Click cells to compare fundamentals

Ming Yang Account Relationship Matchups

Ming Yang balance sheet Accounts

201920202021202220232024 (projected)
Total Assets34.7B51.6B61.5B68.9B83.9B49.5B
Other Current Liab8.6B13.0B11.8B617.9M647.2M614.8M
Total Current Liabilities18.2B27.0B33.3B28.4B37.6B24.1B
Total Stockholder Equity6.7B14.8B18.4B28.1B27.4B14.8B
Other Liab1.7B2.0B5.1B4.8B5.5B3.2B
Net Tangible Assets3.5B5.6B13.6B17.4B20.0B21.0B
Retained Earnings1.3B3.0B5.9B8.2B7.8B8.2B
Accounts Payable7.5B13.1B19.4B17.2B22.5B13.4B
Cash10.8B16.3B14.1B11.2B13.0B10.3B
Non Current Assets Total12.1B18.5B23.9B33.5B40.5B21.3B
Non Currrent Assets Other330.2M5.0B9.5B13.1B13.1B13.7B
Other Assets3.0B3.4B5.9B10.5B12.0B12.6B
Long Term Debt7.7B4.4B4.7B6.6B11.5B6.4B
Net Receivables6.2B3.7B5.9B10.8B13.9B8.0B
Good Will129.2M118.4M79.1M69.3M68.6M66.2M
Non Current Liabilities Total9.4B9.5B9.7B12.2B17.9B10.2B
Inventory2.8B8.5B9.6B8.0B9.7B6.0B
Other Current Assets2.8B1.3B4.9B1.9B3.6B2.1B
Other Stockholder Equity42.1M434.1M263.5M43.5M50.0M47.5M
Total Liab27.6B36.5B43.0B40.6B55.4B34.3B
Deferred Long Term Liab171.7M164.6M378.4M439.5M505.4M530.7M
Short Long Term Debt1.4B149M98.5M259.5M863.5M688.1M
Total Current Assets22.6B33.1B37.6B35.5B43.4B28.3B
Non Current Liabilities Other753.9M1.0B3.9B1.9B1.7B1.5B
Intangible Assets1.1B1.3B1.2B1.8B2.3B1.4B
Property Plant Equipment6.2B7.1B10.8B11.3B13.0B7.8B
Common Stock Shares Outstanding1.4B1.9B2.0B2.3B2.3B1.9B
Net Invested Capital12.7B19.3B23.2B35.0B39.8B23.2B
Net Working Capital4.4B6.1B4.4B7.1B5.8B4.7B
Capital Stock1.4B1.9B2.0B2.3B2.3B2.0B

Currently Active Assets on Macroaxis

Other Information on Investing in Ming Stock

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