China Historical Balance Sheet
600028 Stock | 6.36 0.10 1.55% |
Trend analysis of China Petroleum Chemical balance sheet accounts such as Other Current Liab of 223.8 B, Total Current Liabilities of 577.3 B or Total Stockholder Equity of 744.4 B provides information on China Petroleum's total assets, liabilities, and equity, which is the actual value of China Petroleum Chemical to its prevalent stockholders. By breaking down trends over time using China Petroleum 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 China Petroleum Chemical 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 Petroleum Chemical is a good buy for the upcoming year.
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About China Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of China Petroleum Chemical at a specified time, usually calculated after every quarter, six months, or one year. China Petroleum Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Petroleum 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 Petroleum Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of China Petroleum 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 Petroleum Chemical 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 China Petroleum balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of China Petroleum Chemical 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 China Petroleum's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into China Petroleum Chemical 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 Petroleum Chemical. 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 Petroleum's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Receivables is expected to grow to about 51.3 B, whereas Total Assets are forecasted to decline to about 1.7 T.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 281.0B | 277.8B | 319.5B | 223.8B | Total Assets | 1.9T | 1.9T | 2.0T | 1.7T |
China Petroleum balance sheet Correlations
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China Petroleum balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.8T | 1.7T | 1.9T | 1.9T | 2.0T | 1.7T | |
Other Current Liab | 209.3B | 238.2B | 281.0B | 277.8B | 319.5B | 223.8B | |
Total Current Liabilities | 580.0B | 522.2B | 641.3B | 667.4B | 647.1B | 577.3B | |
Total Stockholder Equity | 738.2B | 741.5B | 774.2B | 784.7B | 803.0B | 744.4B | |
Other Liab | 66.5B | 72.6B | 70.7B | 70.6B | 81.2B | 68.0B | |
Net Tangible Assets | 696.2B | 701.0B | 735.9B | 750.2B | 862.8B | 691.3B | |
Accounts Payable | 200.0B | 161.7B | 215.6B | 269.4B | 259B | 207.7B | |
Cash | 60.3B | 87.6B | 108.6B | 93.4B | 121.8B | 98.1B | |
Other Assets | 49.0B | 67.7B | 59.7B | 64.8B | 58.3B | 65.5B | |
Long Term Debt | 58.8B | 83.8B | 92.0B | 108.0B | 187.9B | 109.7B | |
Net Receivables | 88.7B | 35.4B | 34.9B | 46.4B | 48.7B | 51.3B | |
Good Will | 8.7B | 8.6B | 8.6B | 6.5B | 6.5B | 7.7B | |
Short Term Investments | 79.6B | 109.2B | 119.3B | 55.1B | 44.0B | 67.1B | |
Inventory | 194.1B | 151.9B | 207.4B | 244.2B | 250.9B | 192.8B | |
Other Current Assets | 33.1B | 36.1B | 32.7B | 31.3B | 36.0B | 31.3B | |
Other Stockholder Equity | 31.7B | 32.9B | 2.5B | 6.4B | 5.8B | 5.5B | |
Total Liab | 879.2B | 850.9B | 974.2B | 1.0T | 1.1T | 850.2B | |
Deferred Long Term Liab | 15.7B | 8.9B | 9.6B | 10.0B | 11.5B | 6.7B | |
Long Term Investments | 153.7B | 189.9B | 209.9B | 234.7B | 269.9B | 158.5B | |
Short Long Term Debt | 83.8B | 29.0B | 38.1B | 66.3B | 71.0B | 58.0B | |
Total Current Assets | 447.3B | 455.4B | 558.0B | 523.1B | 534.4B | 479.1B | |
Property Plant Equipment | 1.1T | 980.4B | 1.0T | 1.1T | 1.3T | 920.9B | |
Retained Earnings | 530.4B | 531.6B | 567.7B | 576.8B | 374.3B | 409.8B | |
Intangible Assets | 34.0B | 31.9B | 29.7B | 28.0B | 26.2B | 24.2B | |
Non Current Assets Total | 1.3T | 1.3T | 1.3T | 1.4T | 1.5T | 1.4T | |
Non Currrent Assets Other | 25.9B | 34.0B | 31.3B | 34.1B | 63.3B | 35.2B | |
Non Current Liabilities Total | 302.9B | 328.8B | 332.9B | 345.0B | 421.8B | 309.0B | |
Non Current Liabilities Other | 16.4B | 19.0B | 19.2B | 15.0B | 14.0B | 14.7B | |
Net Debt | 82.3B | 25.3B | 21.5B | 80.9B | 137.1B | 71.7B | |
Net Invested Capital | 880.7B | 854.3B | 904.3B | 959.0B | 1.1T | 1.0T | |
Net Working Capital | (130.5B) | (66.8B) | (83.3B) | (144.2B) | (112.6B) | (118.3B) |
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Other Information on Investing in China Stock
Balance Sheet is a snapshot of the financial position of China Petroleum Chemical at a specified time, usually calculated after every quarter, six months, or one year. China Petroleum Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Petroleum 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.