Qingdao Historical Balance Sheet

688677 Stock   36.30  0.04  0.11%   
Trend analysis of Qingdao NovelBeam Technology balance sheet accounts such as Short Long Term Debt Total of 26.8 M, Other Current Liabilities of 108.4 M or Total Current Liabilities of 89.7 M provides information on Qingdao NovelBeam's total assets, liabilities, and equity, which is the actual value of Qingdao NovelBeam to its prevalent stockholders. By breaking down trends over time using Qingdao NovelBeam 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 Qingdao NovelBeam 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 Qingdao NovelBeam is a good buy for the upcoming year.

Qingdao NovelBeam Inventory

88.39 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qingdao NovelBeam 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 nation.

About Qingdao Balance Sheet Analysis

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

Qingdao NovelBeam Balance Sheet Chart

At present, Qingdao NovelBeam's Short and Long Term Debt Total is 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 108.4 M, whereas Total Assets are forecasted to decline to about 820.5 M.

Total Assets

Total assets refers to the total amount of Qingdao NovelBeam 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 Qingdao NovelBeam 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 Qingdao NovelBeam balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Qingdao NovelBeam 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 Qingdao NovelBeam's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Qingdao NovelBeam 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 Qingdao NovelBeam 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 nation.
At present, Qingdao NovelBeam's Short and Long Term Debt Total is 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 108.4 M, whereas Total Assets are forecasted to decline to about 820.5 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total22.5M19.2M22.1M26.8M
Total Assets1.2B1.4B1.4B820.5M

Qingdao NovelBeam balance sheet Correlations

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Qingdao NovelBeam Account Relationship Matchups

Qingdao NovelBeam balance sheet Accounts

201920202021202220232024 (projected)
Total Assets329.8M417.3M1.2B1.4B1.4B820.5M
Short Long Term Debt Total40M49.4M22.5M19.2M22.1M26.8M
Other Current Liab47.3M26.0M35.6M89.8M103.2M108.4M
Total Current Liabilities93.9M78.2M68.0M167.3M85.4M89.7M
Total Stockholder Equity220.1M315.4M1.1B1.2B1.3B716.0M
Property Plant And Equipment Net131.3M180.8M240.3M400.7M413.7M244.4M
Net Debt(17.8M)(33.4M)(700.6M)(616.9M)(555.2M)(527.5M)
Retained Earnings137.0M221.3M304.3M448.3M517.8M284.5M
Accounts Payable16.6M22.2M28.9M60.2M40.0M31.7M
Cash57.8M82.8M723.1M636.2M592.3M345.6M
Non Current Assets Total177.2M223.0M320.5M475.2M489.9M303.3M
Non Currrent Assets Other4.7M3.8M40.6M32.3M756.6K718.8K
Cash And Short Term Investments57.8M82.8M723.1M636.2M731.6M768.2M
Common Stock Shares Outstanding66.6M65.1M83.5M86.9M121.6M88.2M
Liabilities And Stockholders Equity329.8M417.3M1.2B1.4B1.6B1.7B
Non Current Liabilities Total11.1M19.5M19.0M3.8M16.7M11.4M
Inventory52.7M46.5M66.1M138.0M170.8M88.4M
Other Current Assets4.6M10.8M3.5M10.4M4.8M4.6M
Other Stockholder Equity18.0M28.8M699.7M684.0M786.6M825.9M
Total Liab105.0M97.6M87.0M171.0M102.1M101.1M
Total Current Assets152.7M194.3M861.3M918.4M904.9M517.1M
Intangible Assets32.8M32.4M31.4M30.7M30.6M32.3M

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Other Information on Investing in Qingdao Stock

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