Shandong Historical Balance Sheet

603182 Stock   12.11  0.18  1.46%   
Trend analysis of Shandong Sinoglory Health balance sheet accounts such as Short Long Term Debt of 47 M, Total Assets of 1.1 B or Other Current Liab of 1.2 M provides information on Shandong Sinoglory's total assets, liabilities, and equity, which is the actual value of Shandong Sinoglory Health to its prevalent stockholders. By breaking down trends over time using Shandong Sinoglory 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.

Shandong Sinoglory Inventory

183.46 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Sinoglory Health. 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.

About Shandong Balance Sheet Analysis

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

Shandong Sinoglory Balance Sheet Chart

At present, Shandong Sinoglory's Short and Long Term Debt is projected to decrease significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 92.7 M, whereas Long Term Debt is forecasted to decline to about 20.2 M.

Long Term Debt

Long-term debt is a debt that Shandong Sinoglory Health has held for over one year. Long-term debt appears on Shandong Sinoglory Health balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Shandong Sinoglory Health balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Total Assets

Total assets refers to the total amount of Shandong Sinoglory 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 Shandong Sinoglory Health 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.

Accounts Payable

An accounting item on the balance sheet that represents Shandong Sinoglory obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Shandong Sinoglory Health are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most accounts from Shandong Sinoglory's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Shandong Sinoglory Health 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 Shandong Sinoglory Health. 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, Shandong Sinoglory's Short and Long Term Debt is projected to decrease significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 92.7 M, whereas Long Term Debt is forecasted to decline to about 20.2 M.
 2021 2024 2025 (projected)
Short and Long Term Debt70.1M31.5M47.0M
Long Term Debt23.0M26.4M20.2M

Shandong Sinoglory balance sheet Correlations

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Other Information on Investing in Shandong Stock

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