Zhejiang Historical Balance Sheet

002648 Stock   20.63  0.50  2.37%   
Trend analysis of Zhejiang Satellite Petrochemical balance sheet accounts such as Other Current Liab of 138.4 M, Total Current Liabilities of 14.4 B or Total Stockholder Equity of 30.7 B provides information on Zhejiang Satellite's total assets, liabilities, and equity, which is the actual value of Zhejiang Satellite to its prevalent stockholders. By breaking down trends over time using Zhejiang Satellite 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 Zhejiang Satellite 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 Zhejiang Satellite is a good buy for the upcoming year.

Zhejiang Satellite Inventory

5.11 Billion

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Satellite Petrochemical. 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 Zhejiang Balance Sheet Analysis

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

Zhejiang Satellite Balance Sheet Chart

At present, Zhejiang Satellite'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 14.4 B, whereas Other Current Liabilities is forecasted to decline to about 138.4 M.

Total Assets

Total assets refers to the total amount of Zhejiang Satellite 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 Zhejiang Satellite 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 Zhejiang Satellite balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Zhejiang Satellite Petrochemical 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 Zhejiang Satellite's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Zhejiang Satellite 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 Zhejiang Satellite Petrochemical. 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, Zhejiang Satellite'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 14.4 B, whereas Other Current Liabilities is forecasted to decline to about 138.4 M.
 2022 2023 2024 2025 (projected)
Other Current Liabilities2.0B126.7M145.7M138.4M
Total Assets56.4B64.6B74.3B78.0B

Zhejiang Satellite balance sheet Correlations

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Zhejiang Satellite Account Relationship Matchups

Zhejiang Satellite balance sheet Accounts

202020212022202320242025 (projected)
Total Assets32.3B48.7B56.4B64.6B74.3B78.0B
Other Current Liab1.2B2.1B2.0B126.7M145.7M138.4M
Total Current Liabilities9.2B8.8B10.1B11.9B13.7B14.4B
Total Stockholder Equity13.6B19.4B21.1B25.5B29.3B30.7B
Retained Earnings5.4B11.2B12.8B16.8B19.3B20.3B
Accounts Payable4.6B4.0B5.6B5.7B6.5B6.8B
Cash7.2B9.6B5.5B6.4B7.4B7.7B
Other Assets1.3B1.5B1.8B2.0B2.3B2.4B
Net Receivables407.8M608.2M675.9M639.4M735.4M905.2M
Inventory1.2B3.3B3.9B4.2B4.9B5.1B
Other Current Assets953.7M1.2B753.5M194.5M223.7M419.0M
Total Liab18.7B29.3B35.2B39.1B45.0B47.2B
Intangible Assets857.1M998.2M1.3B1.8B2.1B2.2B
Common Stock1.1B1.2B1.7B3.4B3.9B4.1B
Property Plant Equipment8.7B16.6B27.1B39.1B45.0B47.2B
Long Term Debt9.2B14.1B10.5B10.8B12.5B13.1B
Other Liab244.3M278.2M333.5M313.4M360.4M378.4M
Net Tangible Assets8.4B12.7B18.3B19.8B22.8B23.9B
Short Term Investments126.8M55.4M27.6M43.0M38.7M36.8M
Other Stockholder Equity47.5M(16.8M)(83.9M)28.0M25.2M14.6M
Deferred Long Term Liab256.3M637.9M1.4B1.8B2.1B2.2B
Short Long Term Debt2.4B1.4B1.1B1.2B1.1B1.7B
Total Current Assets11.1B16.6B11.7B12.7B14.6B9.1B
Non Current Assets Total21.3B32.1B44.7B51.8B59.6B62.6B
Non Currrent Assets Other812.2M269.4M1.6M36.7M33.0M31.4M
Non Current Liabilities Total9.5B20.5B25.2B27.2B31.3B32.8B
Non Current Liabilities Other39.2M85.7M56.5M42.2M48.5M38.5M
Net Debt4.5B5.8B6.1B5.7B6.5B4.0B
Common Stock Shares Outstanding1.7B1.7B3.4B3.4B3.9B2.3B
Net Invested Capital25.3B34.8B32.7B37.5B43.2B26.1B
Net Working Capital1.9B7.8B1.7B818.3M941.0M894.0M
Capital Stock1.2B1.7B3.4B3.4B3.9B2.2B
Property Plant And Equipment Net16.6B27.1B39.1B45.4B52.2B30.1B
Property Plant And Equipment Gross19.8B31.3B39.1B45.4B52.2B32.3B

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Other Information on Investing in Zhejiang Stock

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