Shanghai Historical Balance Sheet

600608 Stock   4.20  0.24  6.06%   
Trend analysis of Shanghai Broadband Technology balance sheet accounts such as Other Current Liab of 80.4 M, Total Current Liabilities of 100.7 M or Total Stockholder Equity of 41.3 M provides information on Shanghai Broadband's total assets, liabilities, and equity, which is the actual value of Shanghai Broadband to its prevalent stockholders. By breaking down trends over time using Shanghai Broadband 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 Shanghai Broadband 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 Shanghai Broadband is a good buy for the upcoming year.

Shanghai Broadband Inventory

56.76 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Broadband Technology. 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 Shanghai Balance Sheet Analysis

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

Shanghai Broadband Balance Sheet Chart

At present, Shanghai Broadband's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Inventory is expected to grow to about 56.8 M, whereas Total Assets are forecasted to decline to about 148.7 M.

Total Assets

Total assets refers to the total amount of Shanghai Broadband 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 Shanghai Broadband 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 Shanghai Broadband balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Shanghai Broadband Technology 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.
Most accounts from Shanghai Broadband's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Shanghai Broadband 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 Shanghai Broadband Technology. 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, Shanghai Broadband's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Inventory is expected to grow to about 56.8 M, whereas Total Assets are forecasted to decline to about 148.7 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities104.8M105.8M69.3M80.4M
Total Assets217.3M197.6M156.5M148.7M

Shanghai Broadband balance sheet Correlations

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0.61-0.39-0.220.95-0.080.36-0.26-0.020.340.09-0.330.57-0.890.65-0.91-0.41-0.550.110.060.15-0.07-0.07-0.070.0-0.05
0.77-0.27-0.030.950.160.35-0.040.140.24-0.14-0.090.68-0.960.84-0.99-0.24-0.68-0.180.310.30.220.220.220.070.19
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0.42-0.010.10.360.350.03-0.160.03-0.050.180.10.27-0.320.15-0.330.3-0.340.10.240.32-0.07-0.07-0.070.1-0.07
0.50.490.78-0.26-0.040.63-0.160.440.14-0.510.850.56-0.030.41-0.040.53-0.58-0.640.540.380.660.660.660.130.52
0.40.020.49-0.020.140.560.030.440.14-0.510.510.3-0.180.34-0.190.33-0.37-0.450.60.510.470.480.48-0.150.24
0.23-0.210.10.340.24-0.17-0.050.140.140.05-0.070.41-0.220.09-0.2-0.19-0.390.33-0.090.06-0.31-0.31-0.31-0.23-0.14
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0.90.110.390.650.840.590.150.410.340.09-0.530.380.8-0.86-0.890.13-0.8-0.640.610.50.70.70.70.130.53
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0.340.550.77-0.41-0.240.510.30.530.33-0.19-0.420.830.290.170.130.17-0.32-0.510.510.40.550.550.550.180.5
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-0.5-0.36-0.550.11-0.18-0.760.1-0.64-0.450.330.78-0.72-0.380.32-0.640.31-0.510.41-0.69-0.39-0.97-0.97-0.97-0.2-0.79
0.640.380.730.060.310.730.240.540.6-0.09-0.590.70.43-0.340.61-0.390.51-0.53-0.690.850.780.790.790.270.69
0.610.520.750.150.30.730.320.380.510.06-0.320.580.4-0.320.5-0.340.4-0.47-0.390.850.540.540.540.170.39
0.580.480.66-0.070.220.85-0.070.660.47-0.31-0.790.770.44-0.320.7-0.340.55-0.46-0.970.780.541.01.00.180.76
0.580.470.66-0.070.220.85-0.070.660.48-0.31-0.790.770.44-0.320.7-0.340.55-0.47-0.970.790.541.01.00.180.76
0.580.460.66-0.070.220.84-0.070.660.48-0.31-0.790.770.44-0.320.7-0.340.55-0.47-0.970.790.541.01.00.190.77
0.13-0.140.140.00.07-0.050.10.13-0.15-0.230.340.160.08-0.090.13-0.10.18-0.13-0.20.270.170.180.180.190.56
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Shanghai Broadband Account Relationship Matchups

Shanghai Broadband balance sheet Accounts

201920202021202220232024 (projected)
Total Assets173.6M208.6M217.3M197.6M156.5M148.7M
Other Current Liab2.2M5.3M104.8M105.8M69.3M80.4M
Total Current Liabilities105.8M138.6M143.9M124.4M106.0M100.7M
Total Stockholder Equity60.7M63.0M64.6M65.5M43.5M41.3M
Retained Earnings(716.8M)(714.5M)(712.9M)(712.0M)(780.8M)(819.9M)
Cash74.3M63.1M105.1M89.7M27.1M25.7M
Net Receivables79.0M145.1M11.7M22.9M4.7M4.5M
Inventory46.5M72.4M60.9M34.9M47.7M56.8M
Other Current Assets11.5M20.2M37.4M38.0M33.7M28.7M
Total Liab108.1M140.9M146.7M126.6M108.9M103.5M
Property Plant Equipment126.9K104.9K1.1M393.2K353.9K336.2K
Net Tangible Assets60.7M63.0M64.6M65.5M75.3M48.7M
Total Current Assets173.4M208.5M215.4M197.0M155.4M149.8M
Non Current Assets Total126.9K104.9K1.9M608.9K1.1M1.1M
Net Invested Capital60.7M63.0M64.6M65.5M56.1M66.8M
Net Working Capital67.6M69.9M71.5M72.6M49.4M53.1M

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Other Information on Investing in Shanghai Stock

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