Guoguang Historical Balance Sheet

688776 Stock   59.97  1.23  2.09%   
Trend analysis of Guoguang Electric Co balance sheet accounts such as Short Long Term Debt Total of 29.3 M, Other Current Liabilities of 61.5 M or Total Current Liabilities of 297 M provides information on Guoguang Electric's total assets, liabilities, and equity, which is the actual value of Guoguang Electric to its prevalent stockholders. By breaking down trends over time using Guoguang Electric 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 Guoguang Electric 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 Guoguang Electric is a good buy for the upcoming year.

Guoguang Electric Inventory

224.3 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guoguang Electric Co. 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 Guoguang Balance Sheet Analysis

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

Guoguang Electric Balance Sheet Chart

At present, Guoguang Electric's Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 61.5 M, whereas Total Assets are forecasted to decline to about 1.6 B.

Total Assets

Total assets refers to the total amount of Guoguang Electric 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 Guoguang Electric 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 Guoguang Electric balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Guoguang Electric Co 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 Guoguang Electric's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Guoguang Electric 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 Guoguang Electric Co. 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, Guoguang Electric's Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 61.5 M, whereas Total Assets are forecasted to decline to about 1.6 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total31.1M32.1M28.9M29.3M
Total Assets2.0B2.2B2.4B1.6B

Guoguang Electric balance sheet Correlations

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-0.760.88-0.55-0.78-0.10.85-0.78-0.86-0.830.750.87-0.78-0.570.870.30.350.37-0.77-0.56-0.820.890.91-0.5-0.91-0.88
0.9-0.11-0.550.870.62-0.690.80.880.750.06-0.080.770.84-0.07-0.150.57-0.20.851.00.84-0.13-0.220.940.820.78
1.0-0.48-0.780.870.3-0.940.870.950.98-0.36-0.460.930.73-0.45-0.220.18-0.070.990.871.0-0.5-0.560.90.940.98
0.350.22-0.10.620.3-0.080.440.420.110.460.250.280.850.27-0.080.64-0.420.310.630.260.210.160.620.360.22
-0.920.670.85-0.69-0.94-0.08-0.89-0.87-0.980.610.66-0.97-0.560.620.420.070.08-0.92-0.7-0.960.680.76-0.73-0.92-0.98
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0.95-0.55-0.860.880.950.42-0.870.890.91-0.38-0.530.870.81-0.52-0.20.13-0.350.930.880.96-0.57-0.620.840.980.94
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-0.310.950.750.06-0.360.460.61-0.42-0.38-0.530.95-0.470.040.920.410.80.23-0.330.05-0.430.940.940.04-0.5-0.53
-0.421.00.87-0.08-0.460.250.66-0.5-0.53-0.60.95-0.53-0.190.990.310.750.31-0.46-0.09-0.531.00.97-0.1-0.64-0.63
0.93-0.55-0.780.770.930.28-0.970.950.870.93-0.47-0.530.68-0.48-0.540.1-0.120.90.780.93-0.56-0.670.820.920.96
0.76-0.22-0.570.840.730.85-0.560.760.810.60.04-0.190.68-0.18-0.150.4-0.360.740.850.71-0.24-0.290.860.780.68
-0.40.990.87-0.07-0.450.270.62-0.44-0.52-0.590.920.99-0.48-0.180.190.760.27-0.45-0.08-0.510.990.94-0.07-0.61-0.6
-0.210.320.3-0.15-0.22-0.080.42-0.61-0.2-0.240.410.31-0.54-0.150.190.050.3-0.12-0.18-0.230.310.48-0.16-0.34-0.34
0.240.730.350.570.180.640.070.160.13-0.020.80.750.10.40.760.050.070.160.570.110.720.630.520.020.01
-0.090.340.37-0.2-0.07-0.420.08-0.39-0.35-0.020.230.31-0.12-0.360.270.30.07-0.01-0.22-0.110.340.37-0.01-0.33-0.16
0.99-0.47-0.770.850.990.31-0.920.820.930.97-0.33-0.460.90.74-0.45-0.120.16-0.010.850.99-0.49-0.530.90.930.96
0.9-0.12-0.561.00.870.63-0.70.820.880.740.05-0.090.780.85-0.08-0.180.57-0.220.850.84-0.14-0.230.940.820.79
0.99-0.54-0.820.841.00.26-0.960.880.960.98-0.43-0.530.930.71-0.51-0.230.11-0.110.990.84-0.56-0.620.860.960.99
-0.451.00.89-0.13-0.50.210.68-0.54-0.57-0.630.941.0-0.56-0.240.990.310.720.34-0.49-0.14-0.560.98-0.14-0.67-0.65
-0.520.980.91-0.22-0.560.160.76-0.66-0.62-0.680.940.97-0.67-0.290.940.480.630.37-0.53-0.23-0.620.98-0.22-0.73-0.72
0.92-0.12-0.50.940.90.62-0.730.790.840.790.04-0.10.820.86-0.07-0.160.52-0.010.90.940.86-0.14-0.220.80.81
0.94-0.65-0.910.820.940.36-0.920.930.980.93-0.5-0.640.920.78-0.61-0.340.02-0.330.930.820.96-0.67-0.730.80.97
0.97-0.64-0.880.780.980.22-0.980.910.940.98-0.53-0.630.960.68-0.6-0.340.01-0.160.960.790.99-0.65-0.720.810.97
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Guoguang Electric Account Relationship Matchups

Guoguang Electric balance sheet Accounts

201920202021202220232024 (projected)
Total Assets772.6M871.4M2.0B2.2B2.4B1.6B
Other Current Liab91.3M75.0M68.2M46.0M41.4M61.5M
Total Current Liabilities147.7M213.0M286.3M394.1M417.7M297.0M
Total Stockholder Equity515.0M552.2M1.6B1.7B1.8B1.2B
Property Plant And Equipment Net154.4M146.0M135.8M165.3M218.8M179.9M
Net Debt(105.8M)(121.8M)(1.1B)(957.9M)(862.1M)(819.0M)
Retained Earnings85.3M120.8M275.9M392.1M473.3M497.0M
Accounts Payable56.4M108.0M187.5M317.1M358.6M180.9M
Cash105.8M151.8M1.1B989.9M980.3M554.5M
Non Current Assets Total183.1M171.7M166.0M224.0M268.6M181.7M
Non Currrent Assets Other13.1M9.2M13.0M36.3M15.5M14.7M
Cash And Short Term Investments132.7M151.8M1.1B989.9M1.1B1.2B
Common Stock Shares Outstanding58.4M58.2M64.4M77.4M108.4M78.1M
Liabilities And Stockholders Equity772.6M871.4M2.0B2.2B2.6B1.4B
Non Current Liabilities Total109.8M106.2M106.8M110.4M109.7M87.6M
Inventory158.3M163.7M195.3M248.9M245.4M224.3M
Other Current Assets108.0K2.5M561.3M6.2M1.9M1.8M
Other Stockholder Equity371.6M373.4M1.3B1.3B1.5B782.7M
Total Liab257.6M319.2M393.0M504.5M527.5M417.4M
Total Current Assets589.5M699.7M1.9B2.0B2.1B1.3B
Intangible Assets7.2M7.0M6.8M6.8M6.7M5.9M

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Other Information on Investing in Guoguang Stock

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