Ningbo Historical Balance Sheet

002124 Stock   2.98  0.06  1.97%   
Trend analysis of Ningbo Tech Bank Co balance sheet accounts such as Other Current Liab of 4.4 M, Total Current Liabilities of 15 B or Total Stockholder Equity of 1.7 B provides information on Ningbo Tech-Bank's total assets, liabilities, and equity, which is the actual value of Ningbo Tech Bank to its prevalent stockholders. By breaking down trends over time using Ningbo Tech-Bank 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 Ningbo Tech Bank 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 Ningbo Tech Bank is a good buy for the upcoming year.

Ningbo Tech-Bank Inventory

2.44 Billion

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Tech Bank Co. 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 Ningbo Balance Sheet Analysis

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

Ningbo Tech-Bank Balance Sheet Chart

At present, Ningbo Tech-Bank'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 15 B, whereas Other Current Liabilities is forecasted to decline to about 4.4 M.

Total Assets

Total assets refers to the total amount of Ningbo Tech-Bank 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 Ningbo Tech Bank 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 Ningbo Tech-Bank balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ningbo Tech Bank Co 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.
Most accounts from Ningbo Tech-Bank's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ningbo Tech Bank 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 Ningbo Tech Bank Co. 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, Ningbo Tech-Bank'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 15 B, whereas Other Current Liabilities is forecasted to decline to about 4.4 M.
 2022 2023 2024 2025 (projected)
Other Current Liabilities3.9B4.0M4.6M4.4M
Total Assets19.6B17.2B19.8B20.8B

Ningbo Tech-Bank balance sheet Correlations

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0.930.230.990.28-0.820.70.11-0.680.840.070.97-0.10.910.960.640.44-0.660.920.480.830.39-0.060.720.880.0
0.890.550.770.77-0.310.70.54-0.390.870.640.790.190.840.860.840.74-0.390.670.860.40.7-0.140.930.830.49
0.350.370.20.720.240.110.540.290.50.740.190.370.390.270.410.170.05-0.020.67-0.280.75-0.030.570.310.77
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0.950.520.870.72-0.430.840.870.5-0.360.490.880.230.940.920.80.51-0.460.740.820.490.76-0.060.940.890.44
0.340.360.120.880.430.070.640.740.210.490.130.340.250.250.370.250.04-0.070.87-0.30.65-0.090.650.280.69
0.970.40.990.37-0.770.970.790.19-0.660.880.13-0.050.950.990.780.61-0.60.950.530.820.45-0.130.790.940.09
0.060.09-0.030.430.29-0.10.190.370.440.230.34-0.050.150.00.07-0.060.07-0.220.35-0.380.550.230.20.00.52
0.970.440.950.52-0.650.910.840.39-0.480.940.250.950.150.970.80.58-0.560.850.640.660.67-0.040.840.910.3
0.990.440.980.48-0.70.960.860.27-0.630.920.250.990.00.970.820.64-0.580.920.630.760.53-0.120.850.950.18
0.850.830.730.65-0.340.640.840.41-0.420.80.370.780.070.80.820.84-0.110.750.640.530.54-0.330.870.90.4
0.640.720.520.44-0.280.440.740.17-0.410.510.250.61-0.060.580.640.84-0.070.670.420.520.3-0.20.630.690.08
-0.530.24-0.640.040.59-0.66-0.390.050.43-0.460.04-0.60.07-0.56-0.58-0.11-0.07-0.52-0.2-0.45-0.24-0.21-0.26-0.320.07
0.890.430.930.2-0.810.920.67-0.02-0.750.74-0.070.95-0.220.850.920.750.67-0.520.330.920.24-0.10.650.89-0.15
0.710.460.520.940.040.480.860.67-0.130.820.870.530.350.640.630.640.42-0.20.330.040.84-0.030.910.640.67
0.690.220.81-0.1-0.880.830.4-0.28-0.740.49-0.30.82-0.380.660.760.530.52-0.450.920.04-0.07-0.160.390.73-0.43
0.610.410.450.840.040.390.70.750.070.760.650.450.550.670.530.540.3-0.240.240.84-0.070.270.750.50.71
-0.11-0.23-0.11-0.020.07-0.06-0.14-0.030.01-0.06-0.09-0.130.23-0.04-0.12-0.33-0.2-0.21-0.1-0.03-0.160.27-0.18-0.22-0.26
0.90.630.760.85-0.260.720.930.57-0.340.940.650.790.20.840.850.870.63-0.260.650.910.390.75-0.180.890.53
0.960.570.910.54-0.620.880.830.31-0.610.890.280.940.00.910.950.90.69-0.320.890.640.730.5-0.220.890.21
0.270.360.10.730.360.00.490.770.320.440.690.090.520.30.180.40.080.07-0.150.67-0.430.71-0.260.530.21
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Ningbo Tech-Bank Account Relationship Matchups

Ningbo Tech-Bank balance sheet Accounts

202020212022202320242025 (projected)
Total Assets15.5B18.5B19.6B17.2B19.8B20.8B
Other Current Liab2.4B4.1B3.9B4.0M4.6M4.4M
Total Current Liabilities5.1B9.9B11.7B12.4B14.3B15.0B
Total Stockholder Equity8.8B3.5B3.9B2.2B2.5B1.7B
Retained Earnings3.6B(1.8B)(1.6B)(4.5B)(4.0B)(3.8B)
Accounts Payable1.0B2.0B3.3B3.4B3.9B4.1B
Cash2.1B1.9B970.5M1.3B1.4B1.5B
Other Assets322.2M425.0M167.2M177.4M204.1M135.8M
Net Receivables171.2M51.8M62.3M37.0M42.6M40.4M
Inventory2.6B1.8B2.6B2.0B2.3B2.4B
Other Current Assets776.7M139.1M108.8M125.9M144.8M113.7M
Total Liab6.7B14.8B15.6B14.9B17.1B18.0B
Intangible Assets114.0M49.3M42.4M60.5M69.6M55.5M
Property Plant Equipment4.7B9.0B13.7B13.3B15.3B16.1B
Long Term Debt793.7M1.4B1.0B584.3M672.0M417.9M
Other Liab20.1M149.8M489.3M101.5M116.7M80.5M
Net Tangible Assets2.7B8.6B3.1B3.5B4.1B3.5B
Other Stockholder Equity(13.4M)(13.3M)(15.1M)(3.7M)(4.2M)(4.4M)
Deferred Long Term Liab155.8M140.3M226.0M106.9M122.9M142.6M
Total Current Assets5.8B4.0B4.3B3.6B4.2B3.2B
Non Current Assets Total9.7B14.5B15.2B13.6B15.6B9.1B
Non Currrent Assets Other178.5M25.6M38.4M31.4M36.1M34.3M
Non Current Liabilities Total1.6B4.9B3.8B2.5B2.9B1.9B
Short Long Term Debt1.3B2.6B2.5B2.7B3.1B1.9B
Net Debt10.4M2.1B2.6B2.0B2.3B1.4B
Net Invested Capital10.9B7.4B7.5B5.5B6.3B6.9B
Net Working Capital711.1M(5.9B)(7.4B)(8.8B)(7.9B)(7.5B)
Property Plant And Equipment Net6.4B12.6B12.2B10.9B12.5B10.1B
Property Plant And Equipment Gross7.4B14.0B12.2B13.2B15.1B11.3B

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Other Information on Investing in Ningbo Stock

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