Ming Historical Balance Sheet
601615 Stock | 12.75 0.60 4.94% |
Trend analysis of Ming Yang Smart balance sheet accounts such as Other Current Liab of 614.8 M, Total Current Liabilities of 24.1 B or Total Stockholder Equity of 14.8 B provides information on Ming Yang's total assets, liabilities, and equity, which is the actual value of Ming Yang Smart to its prevalent stockholders. By breaking down trends over time using Ming Yang 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.
Financial Statement Analysis is much more than just reviewing and examining Ming Yang Smart 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 Ming Yang Smart is a good buy for the upcoming year.
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About Ming Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Ming Yang Smart at a specified time, usually calculated after every quarter, six months, or one year. Ming Yang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ming Yang 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 Ming currently owns. An asset can also be divided into two categories, current and non-current.
Ming Yang Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Ming Yang 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 Ming Yang Smart 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 Ming Yang balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ming Yang Smart 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 Ming Yang's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ming Yang Smart 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 Ming Yang Smart. 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, Ming Yang's Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 8.2 B, whereas Total Assets are forecasted to decline to about 49.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 11.8B | 617.9M | 647.2M | 614.8M | Total Assets | 61.5B | 68.9B | 83.9B | 49.5B |
Ming Yang balance sheet Correlations
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Ming Yang balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 34.7B | 51.6B | 61.5B | 68.9B | 83.9B | 49.5B | |
Other Current Liab | 8.6B | 13.0B | 11.8B | 617.9M | 647.2M | 614.8M | |
Total Current Liabilities | 18.2B | 27.0B | 33.3B | 28.4B | 37.6B | 24.1B | |
Total Stockholder Equity | 6.7B | 14.8B | 18.4B | 28.1B | 27.4B | 14.8B | |
Other Liab | 1.7B | 2.0B | 5.1B | 4.8B | 5.5B | 3.2B | |
Net Tangible Assets | 3.5B | 5.6B | 13.6B | 17.4B | 20.0B | 21.0B | |
Retained Earnings | 1.3B | 3.0B | 5.9B | 8.2B | 7.8B | 8.2B | |
Accounts Payable | 7.5B | 13.1B | 19.4B | 17.2B | 22.5B | 13.4B | |
Cash | 10.8B | 16.3B | 14.1B | 11.2B | 13.0B | 10.3B | |
Non Current Assets Total | 12.1B | 18.5B | 23.9B | 33.5B | 40.5B | 21.3B | |
Non Currrent Assets Other | 330.2M | 5.0B | 9.5B | 13.1B | 13.1B | 13.7B | |
Other Assets | 3.0B | 3.4B | 5.9B | 10.5B | 12.0B | 12.6B | |
Long Term Debt | 7.7B | 4.4B | 4.7B | 6.6B | 11.5B | 6.4B | |
Net Receivables | 6.2B | 3.7B | 5.9B | 10.8B | 13.9B | 8.0B | |
Good Will | 129.2M | 118.4M | 79.1M | 69.3M | 68.6M | 66.2M | |
Non Current Liabilities Total | 9.4B | 9.5B | 9.7B | 12.2B | 17.9B | 10.2B | |
Inventory | 2.8B | 8.5B | 9.6B | 8.0B | 9.7B | 6.0B | |
Other Current Assets | 2.8B | 1.3B | 4.9B | 1.9B | 3.6B | 2.1B | |
Other Stockholder Equity | 42.1M | 434.1M | 263.5M | 43.5M | 50.0M | 47.5M | |
Total Liab | 27.6B | 36.5B | 43.0B | 40.6B | 55.4B | 34.3B | |
Deferred Long Term Liab | 171.7M | 164.6M | 378.4M | 439.5M | 505.4M | 530.7M | |
Short Long Term Debt | 1.4B | 149M | 98.5M | 259.5M | 863.5M | 688.1M | |
Total Current Assets | 22.6B | 33.1B | 37.6B | 35.5B | 43.4B | 28.3B | |
Non Current Liabilities Other | 753.9M | 1.0B | 3.9B | 1.9B | 1.7B | 1.5B | |
Intangible Assets | 1.1B | 1.3B | 1.2B | 1.8B | 2.3B | 1.4B | |
Property Plant Equipment | 6.2B | 7.1B | 10.8B | 11.3B | 13.0B | 7.8B | |
Common Stock Shares Outstanding | 1.4B | 1.9B | 2.0B | 2.3B | 2.3B | 1.9B | |
Net Invested Capital | 12.7B | 19.3B | 23.2B | 35.0B | 39.8B | 23.2B | |
Net Working Capital | 4.4B | 6.1B | 4.4B | 7.1B | 5.8B | 4.7B | |
Capital Stock | 1.4B | 1.9B | 2.0B | 2.3B | 2.3B | 2.0B |
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Other Information on Investing in Ming Stock
Balance Sheet is a snapshot of the financial position of Ming Yang Smart at a specified time, usually calculated after every quarter, six months, or one year. Ming Yang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ming Yang 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 Ming currently owns. An asset can also be divided into two categories, current and non-current.