Shenzhen Historical Balance Sheet

300124 Stock

59.39 0.69 1.15%

Trend analysis of Shenzhen Inovance Tech balance sheet accounts such as Other Current Liab of 2.5 B, Total Current Liabilities of 20.6 B or Total Stockholder Equity of 25.7 B provides information on Shenzhen Inovance's total assets, liabilities, and equity, which is the actual value of Shenzhen Inovance Tech to its prevalent stockholders. By breaking down trends over time using Shenzhen Inovance 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.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Shenzhen Inovance Tech 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 Shenzhen Inovance Tech is a good buy for the upcoming year.

Shenzhen Inovance Inventory

6.56 Billion

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

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

Shenzhen Inovance Balance Sheet Chart

At present, Shenzhen Inovance's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 2.5 B, whereas Good Will is forecasted to decline to about 1.2 B.

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity

Total Assets

Total assets refers to the total amount of Shenzhen Inovance 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 Shenzhen Inovance Tech 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 Shenzhen Inovance balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Shenzhen Inovance Tech 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 Shenzhen Inovance's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Shenzhen Inovance Tech 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 Shenzhen Inovance Tech. 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.

	2021	2022	2023	2024 (projected)
Other Current Liabilities	1.2B	2.6B	2.4B	2.5B
Total Assets	27.3B	39.2B	49.0B	51.4B

Other Current Liab Total Assets

Shenzhen Inovance balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Good Will	Short Term Investments	Net Tangible Assets	Long Term Debt	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Treasury Stock
Total Assets		0.97	1.0	1.0	1.0	1.0	0.96	0.99	0.96	0.99	0.85	1.0	0.94	0.92	1.0	0.97	0.77	0.31	0.99	0.96	-0.61	0.81	0.82	0.66	1.0	-0.6
Other Current Liab	0.97		0.97	0.96	0.97	0.96	0.93	0.96	0.92	0.96	0.85	0.97	0.95	0.93	0.97	0.96	0.77	0.39	0.95	0.92	-0.65	0.79	0.82	0.78	0.96	-0.69
Total Current Liabilities	1.0	0.97		0.99	1.0	1.0	0.96	0.99	0.96	0.99	0.84	1.0	0.93	0.91	1.0	0.98	0.76	0.3	0.99	0.95	-0.59	0.8	0.81	0.68	1.0	-0.6
Total Stockholder Equity	1.0	0.96	0.99		1.0	0.99	0.95	0.99	0.97	1.0	0.86	0.99	0.95	0.93	0.99	0.96	0.79	0.33	0.99	0.95	-0.63	0.83	0.83	0.66	0.99	-0.62
Retained Earnings	1.0	0.97	1.0	1.0		1.0	0.95	0.99	0.97	1.0	0.86	1.0	0.95	0.93	1.0	0.97	0.78	0.32	0.99	0.95	-0.63	0.83	0.83	0.67	0.99	-0.62
Accounts Payable	1.0	0.96	1.0	0.99	1.0		0.96	1.0	0.96	0.99	0.84	1.0	0.92	0.9	1.0	0.98	0.74	0.26	0.99	0.96	-0.57	0.79	0.79	0.63	1.0	-0.56
Cash	0.96	0.93	0.96	0.95	0.95	0.96		0.97	0.87	0.95	0.8	0.96	0.83	0.82	0.96	0.97	0.66	0.19	0.96	0.94	-0.41	0.67	0.65	0.59	0.96	-0.44
Other Assets	0.99	0.96	0.99	0.99	0.99	1.0	0.97		0.95	0.99	0.87	0.99	0.91	0.89	1.0	0.98	0.74	0.29	1.0	0.95	-0.55	0.79	0.77	0.66	1.0	-0.55
Net Receivables	0.96	0.92	0.96	0.97	0.97	0.96	0.87	0.95		0.97	0.84	0.95	0.96	0.97	0.95	0.9	0.78	0.38	0.95	0.86	-0.72	0.84	0.87	0.64	0.95	-0.7
Inventory	0.99	0.96	0.99	1.0	1.0	0.99	0.95	0.99	0.97		0.89	0.99	0.94	0.92	0.99	0.96	0.79	0.35	1.0	0.94	-0.62	0.84	0.82	0.68	0.99	-0.61
Other Current Assets	0.85	0.85	0.84	0.86	0.86	0.84	0.8	0.87	0.84	0.89		0.83	0.82	0.81	0.86	0.79	0.79	0.56	0.88	0.76	-0.61	0.85	0.73	0.76	0.85	-0.58
Total Liab	1.0	0.97	1.0	0.99	1.0	1.0	0.96	0.99	0.95	0.99	0.83		0.93	0.9	1.0	0.99	0.75	0.28	0.99	0.96	-0.58	0.79	0.8	0.67	1.0	-0.58
Intangible Assets	0.94	0.95	0.93	0.95	0.95	0.92	0.83	0.91	0.96	0.94	0.82	0.93		0.98	0.93	0.88	0.87	0.49	0.91	0.88	-0.81	0.88	0.94	0.74	0.91	-0.8
Common Stock	0.92	0.93	0.91	0.93	0.93	0.9	0.82	0.89	0.97	0.92	0.81	0.9	0.98		0.9	0.85	0.8	0.48	0.89	0.82	-0.82	0.83	0.91	0.66	0.89	-0.84
Property Plant Equipment	1.0	0.97	1.0	0.99	1.0	1.0	0.96	1.0	0.95	0.99	0.86	1.0	0.93	0.9		0.98	0.77	0.3	0.99	0.96	-0.58	0.81	0.8	0.7	1.0	-0.58
Other Liab	0.97	0.96	0.98	0.96	0.97	0.98	0.97	0.98	0.9	0.96	0.79	0.99	0.88	0.85	0.98		0.67	0.19	0.97	0.95	-0.48	0.71	0.73	0.68	0.98	-0.51
Good Will	0.77	0.77	0.76	0.79	0.78	0.74	0.66	0.74	0.78	0.79	0.79	0.75	0.87	0.8	0.77	0.67		0.66	0.75	0.76	-0.78	0.95	0.85	0.73	0.75	-0.7
Short Term Investments	0.31	0.39	0.3	0.33	0.32	0.26	0.19	0.29	0.38	0.35	0.56	0.28	0.49	0.48	0.3	0.19	0.66		0.29	0.21	-0.59	0.55	0.46	0.57	0.27	-0.57
Net Tangible Assets	0.99	0.95	0.99	0.99	0.99	0.99	0.96	1.0	0.95	1.0	0.88	0.99	0.91	0.89	0.99	0.97	0.75	0.29		0.94	-0.57	0.81	0.78	0.65	1.0	-0.56
Long Term Debt	0.96	0.92	0.95	0.95	0.95	0.96	0.94	0.95	0.86	0.94	0.76	0.96	0.88	0.82	0.96	0.95	0.76	0.21	0.94		-0.54	0.76	0.77	0.62	0.96	-0.52
Other Stockholder Equity	-0.61	-0.65	-0.59	-0.63	-0.63	-0.57	-0.41	-0.55	-0.72	-0.62	-0.61	-0.58	-0.81	-0.82	-0.58	-0.48	-0.78	-0.59	-0.57	-0.54		-0.8	-0.93	-0.57	-0.57	0.96
Deferred Long Term Liab	0.81	0.79	0.8	0.83	0.83	0.79	0.67	0.79	0.84	0.84	0.85	0.79	0.88	0.83	0.81	0.71	0.95	0.55	0.81	0.76	-0.8		0.9	0.75	0.79	-0.71
Long Term Investments	0.82	0.82	0.81	0.83	0.83	0.79	0.65	0.77	0.87	0.82	0.73	0.8	0.94	0.91	0.8	0.73	0.85	0.46	0.78	0.77	-0.93	0.9		0.71	0.79	-0.88
Short Long Term Debt	0.66	0.78	0.68	0.66	0.67	0.63	0.59	0.66	0.64	0.68	0.76	0.67	0.74	0.66	0.7	0.68	0.73	0.57	0.65	0.62	-0.57	0.75	0.71		0.65	-0.61
Total Current Assets	1.0	0.96	1.0	0.99	0.99	1.0	0.96	1.0	0.95	0.99	0.85	1.0	0.91	0.89	1.0	0.98	0.75	0.27	1.0	0.96	-0.57	0.79	0.79	0.65		-0.56
Treasury Stock	-0.6	-0.69	-0.6	-0.62	-0.62	-0.56	-0.44	-0.55	-0.7	-0.61	-0.58	-0.58	-0.8	-0.84	-0.58	-0.51	-0.7	-0.57	-0.56	-0.52	0.96	-0.71	-0.88	-0.61	-0.56

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Shenzhen Inovance Account Relationship Matchups

Shenzhen Inovance balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.9B	18.6B	27.3B	39.2B	49.0B	51.4B
Other Current Liab	995.0M	1.0B	1.2B	2.6B	2.4B	2.5B
Total Current Liabilities	5.3B	6.0B	10.0B	16.1B	19.6B	20.6B
Total Stockholder Equity	8.6B	10.6B	15.9B	19.8B	24.5B	25.7B
Retained Earnings	4.3B	6.1B	9.0B	12.6B	15.1B	15.9B
Accounts Payable	2.5B	3.8B	6.4B	9.3B	12.3B	12.9B
Cash	1.8B	3.0B	4.0B	7.4B	8.5B	8.9B
Other Assets	363.9M	606.6M	1.2B	1.8B	2.1B	2.2B
Net Receivables	3.9B	3.0B	7.3B	6.4B	8.8B	9.2B
Inventory	1.7B	2.4B	4.2B	5.5B	6.2B	6.6B
Other Current Assets	180.3M	290.9M	849.6M	1.1B	572.9M	601.6M
Total Liab	5.9B	7.6B	11.0B	19.1B	24.0B	25.2B
Intangible Assets	528.4M	497.9M	583.9M	711.6M	797.4M	837.3M
Common Stock	1.7B	1.7B	2.6B	2.7B	3.1B	3.2B
Property Plant Equipment	1.6B	2.0B	2.9B	4.8B	5.6B	5.8B
Other Liab	209.9M	254.3M	362.0M	1.2B	1.3B	1.4B
Short Term Investments	2.0B	1.3B	2.1B	2.0B	671.9M	638.3M
Net Tangible Assets	6.1B	8.2B	13.4B	17.1B	19.7B	20.7B
Long Term Debt	471.8M	1.4B	597.0M	1.8B	2.3B	2.5B
Other Stockholder Equity	2.9M	(5.8M)	(6.4M)	13.9M	12.5M	10.3M
Deferred Long Term Liab	118.0M	121.0M	165.0M	159.9M	183.9M	92.4M
Short Long Term Debt	1.3B	331.1M	404.6M	2.1B	804.3M	706.1M
Total Current Assets	9.5B	12.5B	18.4B	25.9B	31.2B	32.8B
Non Current Assets Total	5.4B	6.2B	8.9B	13.3B	17.7B	18.6B
Non Currrent Assets Other	83.7M	186.2M	405.3M	630.8M	1.8B	1.9B
Non Current Liabilities Total	681.7M	1.7B	977.0M	3.0B	4.3B	4.5B
Non Current Liabilities Other	86.6M	131.5M	212.2M	702.5M	1.3B	1.4B
Common Stock Shares Outstanding	2.6B	2.6B	2.6B	2.7B	2.7B	2.9B
Net Invested Capital	10.4B	12.4B	16.9B	23.7B	27.6B	16.3B
Net Working Capital	4.2B	6.5B	8.4B	9.9B	11.6B	7.7B
Capital Stock	1.7B	1.7B	2.6B	2.7B	2.7B	2.4B

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Shenzhen Historical Balance Sheet

Shenzhen Inovance Inventory

6.56 Billion

About Shenzhen Balance Sheet Analysis

Shenzhen Inovance Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Shenzhen Inovance balance sheet Correlations

Shenzhen Inovance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen Inovance balance sheet Accounts

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COMMON DESTINATIONS

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Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Property Plant Equipment	+ 1.0	Total Assets

Long Term Investments	- 0.93	Other Stockholder Equity
Treasury Stock	- 0.88	Long Term Investments
Treasury Stock	- 0.84	Common Stock
Other Stockholder Equity	- 0.82	Common Stock
Other Stockholder Equity	- 0.81	Intangible Assets
Deferred Long Term Liab	- 0.8	Other Stockholder Equity