Qumei Historical Balance Sheet
603818 Stock | 3.50 0.03 0.86% |
Trend analysis of Qumei Furniture Group balance sheet accounts such as Other Current Liab of 43.3 M, Total Current Liabilities of 1.3 B or Total Stockholder Equity of 1.6 B provides information on Qumei Furniture's total assets, liabilities, and equity, which is the actual value of Qumei Furniture Group to its prevalent stockholders. By breaking down trends over time using Qumei Furniture 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 Qumei Furniture Group 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 Qumei Furniture Group is a good buy for the upcoming year.
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About Qumei Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Qumei Furniture Group at a specified time, usually calculated after every quarter, six months, or one year. Qumei Furniture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Qumei Furniture 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 Qumei currently owns. An asset can also be divided into two categories, current and non-current.
Qumei Furniture Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Qumei Furniture 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 Qumei Furniture Group 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 Qumei Furniture balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Qumei Furniture Group 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 Qumei Furniture's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Qumei Furniture Group 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 Qumei Furniture Group. 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, Qumei Furniture's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 679.6 M, whereas Total Assets are forecasted to decline to about 4.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 422.8M | 48.3M | 45.5M | 43.3M | Total Assets | 7.6B | 7.6B | 7.0B | 4.9B |
Qumei Furniture balance sheet Correlations
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Qumei Furniture Account Relationship Matchups
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Qumei Furniture balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.7B | 7.7B | 7.6B | 7.6B | 7.0B | 4.9B | |
Other Current Liab | 298.8M | 309.4M | 422.8M | 48.3M | 45.5M | 43.3M | |
Total Current Liabilities | 2.6B | 2.0B | 2.5B | 3.6B | 1.3B | 1.3B | |
Total Stockholder Equity | 1.5B | 2.2B | 2.0B | 2.2B | 1.9B | 1.6B | |
Other Liab | 841.7M | 770.8M | 713.5M | 637.0M | 732.5M | 769.2M | |
Retained Earnings | 751.3M | 855.2M | 1.0B | 965.7M | 661.6M | 679.6M | |
Accounts Payable | 318.0M | 391.2M | 442.4M | 282.4M | 291.3M | 244.3M | |
Cash | 657.1M | 709.9M | 544.2M | 815.4M | 721.5M | 514.3M | |
Other Assets | 172.4M | 158.8M | 165.9M | 214.8M | 247.1M | 259.4M | |
Long Term Debt | 2.3B | 2.3B | 2.2B | 872.8M | 2.8B | 1.8B | |
Net Receivables | 435.3M | 386.5M | 442.3M | 487.6M | 465.4M | 273.8M | |
Inventory | 668.5M | 844.9M | 1.1B | 1.0B | 666.2M | 533.2M | |
Other Current Assets | 138.2M | 117.8M | 105.1M | 58.9M | 64.9M | 101.8M | |
Total Liab | 5.8B | 5.1B | 5.6B | 5.3B | 4.9B | 3.2B | |
Intangible Assets | 2.5B | 2.4B | 2.2B | 2.1B | 2.0B | 1.4B | |
Common Stock | 491.4M | 488.7M | 582.9M | 580.4M | 667.5M | 455.4M | |
Property Plant Equipment | 1.8B | 1.9B | 1.8B | 1.9B | 2.2B | 1.1B | |
Net Tangible Assets | (2.5B) | (2.2B) | (1.4B) | (1.3B) | (1.1B) | (1.1B) | |
Deferred Long Term Liab | 47.6M | 48.7M | 50.2M | 48.8M | 56.1M | 39.8M | |
Total Current Assets | 1.9B | 2.2B | 2.3B | 2.5B | 2.0B | 1.9B | |
Non Current Assets Total | 5.8B | 5.5B | 5.4B | 5.1B | 5.0B | 4.7B | |
Non Currrent Assets Other | 24.5M | 25.5M | 34.5M | 36.9M | 43.9M | 38.3M | |
Non Current Liabilities Total | 3.2B | 3.1B | 3.1B | 1.7B | 3.6B | 2.7B | |
Other Stockholder Equity | (135.6M) | (63.1M) | (138.1M) | (269.5M) | (242.6M) | (230.5M) | |
Common Stock Shares Outstanding | 488.7M | 582.9M | 580.4M | 587.4M | 585.1M | 597.1M | |
Net Invested Capital | 4.0B | 4.5B | 4.5B | 3.3B | 5.0B | 4.4B | |
Net Working Capital | (723.5M) | 201.1M | (204.2M) | (1.1B) | 648.3M | 680.8M | |
Net Debt | 1.9B | 1.7B | 1.9B | 287.7M | 2.3B | 1.6B | |
Good Will | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B | 926.2M | |
Short Long Term Debt | 208.9M | 58.3M | 221.3M | 230.3M | 298.8M | 202.6M | |
Capital Stock | 488.7M | 582.9M | 580.4M | 587.4M | 585.1M | 607.9M | |
Non Current Liabilities Other | 2.0M | 806.2K | 1.9M | 351.5K | 316.3K | 300.5K |
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Other Information on Investing in Qumei Stock
Balance Sheet is a snapshot of the financial position of Qumei Furniture Group at a specified time, usually calculated after every quarter, six months, or one year. Qumei Furniture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Qumei Furniture 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 Qumei currently owns. An asset can also be divided into two categories, current and non-current.