Huagong Historical Balance Sheet

000988 Stock   42.98  0.17  0.39%   
Trend analysis of Huagong Tech Co balance sheet accounts such as Short Long Term Debt Total of 4.6 B, Other Current Liabilities of 603 M or Total Current Liabilities of 5.7 B provides information on Huagong Tech's total assets, liabilities, and equity, which is the actual value of Huagong Tech to its prevalent stockholders. By breaking down trends over time using Huagong Tech 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 Huagong Tech 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 Huagong Tech is a good buy for the upcoming year.

Huagong Tech Inventory

1.98 Billion

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huagong Tech 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 Huagong Balance Sheet Analysis

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

Huagong Tech Balance Sheet Chart

At present, Huagong Tech's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 4.6 B, whereas Non Currrent Assets Other are forecasted to decline to about 47 M.

Total Assets

Total assets refers to the total amount of Huagong Tech 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 Huagong Tech 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 Huagong Tech balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Huagong Tech 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.

Accounts Payable

An accounting item on the balance sheet that represents Huagong Tech obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Huagong Tech are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Long Term Investments

Long Term Investments is an item on the asset side of Huagong Tech balance sheet that represents investments Huagong Tech intends to hold for over a year. Huagong Tech Co long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most accounts from Huagong Tech's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Huagong Tech 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 Huagong Tech 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, Huagong Tech's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 4.6 B, whereas Non Currrent Assets Other are forecasted to decline to about 47 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.9B3.0B4.4B4.6B
Total Assets13.9B16.8B17.4B18.3B

Huagong Tech balance sheet Correlations

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Huagong Tech Account Relationship Matchups

Huagong Tech balance sheet Accounts

201920202021202220232024 (projected)
Total Assets9.6B11.1B13.9B16.8B17.4B18.3B
Short Long Term Debt Total691.8M933.4M1.9B3.0B4.4B4.6B
Other Current Liab169.3M74.7M347.4M655.3M574.3M603.0M
Total Current Liabilities3.2B4.0B4.9B6.7B5.4B5.7B
Total Stockholder Equity6.1B6.6B7.4B8.2B9.2B9.6B
Property Plant And Equipment Net1.5B1.5B1.7B1.9B2.0B2.1B
Current Deferred Revenue335.2M567.5M902.1M475.7M447.2M469.6M
Net Debt(1.9B)(2.3B)(1.4B)(351.5M)48.7M51.2M
Accounts Payable2.0B2.6B3.1B4.1B2.5B2.7B
Cash2.6B3.2B3.3B3.4B4.4B4.6B
Non Current Assets Total2.4B2.6B3.9B5.3B4.4B4.6B
Non Currrent Assets Other298.8M202.0M1.3B2.3B49.5M47.0M
Cash And Short Term Investments2.9B3.3B3.4B3.5B4.5B4.7B
Net Receivables3.1B3.4B4.5B5.6B6.2B6.5B
Common Stock Shares Outstanding900.4M1.0B1.0B1.0B1.2B919.9M
Liabilities And Stockholders Equity9.6B11.1B13.9B16.8B17.4B18.3B
Non Current Liabilities Total197.9M341.8M1.5B1.8B2.6B2.7B
Inventory1.3B1.7B2.0B2.4B1.9B2.0B
Other Current Assets41.4M62.6M20.7M40.8M487.5M511.9M
Total Liab3.4B4.4B6.5B8.5B8.0B8.4B
Total Current Assets7.3B8.5B10.0B11.5B13.0B13.7B
Short Term Debt639.8M781.1M584.0M1.5B1.9B2.0B
Intangible Assets319.0M329.9M323.0M314.2M400.3M420.3M
Retained Earnings2.4B2.9B3.6B4.4B5.3B5.6B
Other Stockholder Equity2.5B2.5B2.6B2.6B2.6B1.3B
Other Liab141.5M184.7M209.0M280.2M322.2M338.3M
Long Term Debt56.4M152.3M1.3B1.5B2.5B2.6B
Short Term Investments221.2M87.6M123.0M116.1M125.5M131.7M
Property Plant Equipment1.5B1.5B1.7B1.9B2.1B2.2B
Net Tangible Assets5.9B6.3B7.1B8.0B9.2B6.0B
Deferred Long Term Liab44.6M90.3M117.7M97.4M112.0M67.3M
Short Long Term Debt639.8M781.1M570.6M739.4M49.0M46.6M
Net Invested Capital6.8B7.6B9.2B10.5B11.7B9.1B
Net Working Capital4.1B4.4B5.0B4.8B7.6B5.2B

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Other Information on Investing in Huagong Stock

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