China Historical Balance Sheet

601998 Stock   6.60  0.12  1.79%   
Trend analysis of China Citic Bank balance sheet accounts such as Total Stockholder Equity of 753.1 B, Other Liabilities of 42.9 B or Cash of 776.6 B provides information on China Citic's total assets, liabilities, and equity, which is the actual value of China Citic Bank to its prevalent stockholders. By breaking down trends over time using China Citic 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 China Citic 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 China Citic Bank is a good buy for the upcoming year.

China Citic Inventory

1.89 Billion

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

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

China Citic Balance Sheet Chart

At present, China Citic's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 776.6 B, whereas Total Assets are forecasted to decline to about 4.6 T.

Total Assets

Total assets refers to the total amount of China Citic 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 China Citic 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 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 China Citic's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into China Citic 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 China Citic Bank. 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, China Citic's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 776.6 B, whereas Total Assets are forecasted to decline to about 4.6 T.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity626.3B665.4B717.2B753.1B
Total Assets8.0T8.5T9.1T4.6T

China Citic balance sheet Correlations

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0.860.050.40.960.96-0.570.850.950.610.950.810.60.510.880.870.840.730.54-0.650.86-0.870.640.870.860.87
0.140.05-0.01-0.180.020.660.150.150.52-0.060.08-0.48-0.32-0.07-0.08-0.05-0.27-0.190.06-0.090.19-0.05-0.13-0.02-0.13
0.430.4-0.010.390.35-0.290.430.290.180.40.55-0.070.090.440.470.420.290.1-0.220.42-0.40.330.40.380.4
0.830.96-0.180.390.95-0.760.830.850.480.920.820.720.540.860.840.790.740.63-0.560.79-0.890.560.910.870.91
0.840.960.020.350.95-0.650.840.870.570.90.860.60.550.810.810.740.750.66-0.560.76-0.920.580.90.780.9
-0.48-0.570.66-0.29-0.76-0.65-0.48-0.430.1-0.62-0.53-0.74-0.44-0.61-0.62-0.55-0.59-0.540.36-0.540.74-0.42-0.72-0.58-0.72
1.00.850.150.430.830.84-0.480.720.720.770.940.390.460.840.840.790.680.46-0.390.62-0.80.550.870.810.87
0.730.950.150.290.850.87-0.430.720.570.940.640.530.370.860.850.840.620.38-0.790.9-0.790.730.750.810.75
0.720.610.520.180.480.570.10.720.570.440.660.020.230.430.410.390.340.32-0.180.3-0.40.220.470.450.47
0.770.95-0.060.40.920.9-0.620.770.940.440.730.580.550.930.910.910.780.4-0.80.93-0.890.760.830.850.83
0.940.810.080.550.820.86-0.530.940.640.660.730.320.550.750.750.670.710.57-0.290.54-0.830.440.870.720.87
0.390.6-0.48-0.070.720.6-0.740.390.530.020.580.320.480.560.510.50.520.65-0.370.55-0.580.270.660.660.66
0.460.51-0.320.090.540.55-0.440.460.370.230.550.550.480.480.460.430.910.57-0.310.45-0.650.280.580.390.58
0.840.88-0.070.440.860.81-0.610.840.860.430.930.750.560.480.990.990.760.33-0.740.89-0.870.810.870.910.87
0.840.87-0.080.470.840.81-0.620.840.850.410.910.750.510.460.990.970.770.32-0.740.9-0.880.850.860.850.86
0.790.84-0.050.420.790.74-0.550.790.840.390.910.670.50.430.990.970.710.19-0.790.9-0.80.850.790.880.79
0.690.73-0.270.290.740.75-0.590.680.620.340.780.710.520.910.760.770.710.55-0.540.71-0.860.590.770.590.77
0.460.54-0.190.10.630.66-0.540.460.380.320.40.570.650.570.330.320.190.550.070.22-0.62-0.080.720.460.72
-0.39-0.650.06-0.22-0.56-0.560.36-0.39-0.79-0.18-0.8-0.29-0.37-0.31-0.74-0.74-0.79-0.540.07-0.90.59-0.9-0.42-0.54-0.42
0.630.86-0.090.420.790.76-0.540.620.90.30.930.540.550.450.890.90.90.710.22-0.9-0.770.860.680.750.68
-0.8-0.870.19-0.4-0.89-0.920.74-0.8-0.79-0.4-0.89-0.83-0.58-0.65-0.87-0.88-0.8-0.86-0.620.59-0.77-0.69-0.94-0.76-0.94
0.560.64-0.050.330.560.58-0.420.550.730.220.760.440.270.280.810.850.850.59-0.08-0.90.86-0.690.520.530.52
0.870.87-0.130.40.910.9-0.720.870.750.470.830.870.660.580.870.860.790.770.72-0.420.68-0.940.520.881.0
0.810.86-0.020.380.870.78-0.580.810.810.450.850.720.660.390.910.850.880.590.46-0.540.75-0.760.530.880.88
0.870.87-0.130.40.910.9-0.720.870.750.470.830.870.660.580.870.860.790.770.72-0.420.68-0.940.521.00.88
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China Citic Account Relationship Matchups

China Citic balance sheet Accounts

201920202021202220232024 (projected)
Total Assets6.8T7.5T8.0T8.5T9.1T4.6T
Total Stockholder Equity517.3B544.6B626.3B665.4B717.2B753.1B
Other Liab49.4B26.8B37.1B48.1B55.3B42.9B
Cash795.9B743.2B6.7T780.4B746.9B776.6B
Other Assets3.6T4.0T4.4T4.8T5.5T5.8T
Total Liab6.2T7.0T7.4T7.9T8.3T4.3T
Intangible Assets2.8B3.5B3.8B4.6B5.4B5.7B
Property Plant Equipment21.4B33.8B45.4B44.8B51.5B54.1B
Retained Earnings324.0B358.2B398.4B285.5B320.6B201.0B
Good Will912M860M833M903M926M947.0M
Other Current Liab2.5B19.6B12.6B5.9B6.8B8.6B
Total Current Liabilities5.4T6.1T6.7T7.1T8.2T6.3T
Net Tangible Assets397.9B478.6B506.2B587.6B675.7B469.7B
Accounts Payable4.4T5.0T5.7T5.9T6.8T5.3T
Net Receivables3.5B13.1B8.7B7.5B8.6B6.9B
Inventory2.2B2.3B1.4B1.3B1.5B1.9B
Other Current Assets564.2B527.7B491.3B492.2B443.0B439.6B
Other Stockholder Equity5.4B50.5B43.6B85.1B97.8B102.7B
Deferred Long Term Liab871M663M638M767M690.3M882.7M
Long Term Investments1.9T2.1T2.4T2.6T2.6T2.0T
Total Current Assets1.2T1.1T1.4T1.4T1.6T1.4T
Net Debt317.6B47.5B339.7B265.6B305.4B265.5B
Common Stock Shares Outstanding48.9B48.9B48.9B48.9B49.0B53.8B
Net Invested Capital1.2T1.3T669.7B1.7T1.7T1.3T

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Other Information on Investing in China Stock

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