China Ming Yang Wind Power Balance Sheet - Annual (NYSE:MY)

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$2.44 $0 (0%) MY stock closing price Jun 22, 2016 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our China Ming Yang Wind Power stock analysis. As in our China Ming Yang Wind Power stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The balance sheet shows total liabilities of $1.96B and shareholders equity of $712.58M. China Ming Yang Wind Power revenue and China Ming Yang Wind Power operating cash flow are important in understanding the financial capacity of the company.

View latest 10 year balance sheet data to check China Ming Yang Wind Power financial performance.
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Fiscal year is Jan - Dec201520142013201220112010
Marketable Securities68.62M49.96M40.73M26.68M40.16M19.99M
Raw Materials105.81M-----
Work In Progress48.67M-----
Finished Goods336.65M-----
Notes Receivable------
Other Current Assets16.96M19.39M24.88M32.92M15.29M32.21M
Total Current Assets
Property Plant & Equipment227.85M-----
Accumulated Depreciation63.7M-----
Net Property Plant & Equipment
Investment & Advances170.46M157.55M140.68M112.38M46.11M6.26M
Other Non-Current Assets169.36M175.17M154.34M147.65M75.02M35M
Deferred Charges49.01M36.19M37.14M27.61M21.35M11.72M
Deposits & Other Assets97.08M75.76M78.03M67.12M39.34M12.55M
Total Assets
Notes Payable105.95M252.53M200.14M267.51M100.41M72.72M
Accounts Payable1.32B919.76M698.86M604.85M728.5M550.38M
Current Portion Long-Term Debt96.16M-----
Current Portion Capital Leases------
Accrued Expenses------
Income Taxes Payable28.61M7.21M1.51M1.55M5.7M6.59M
Other Current Liabilities272.53M180.85M183.1M125.95M125.8M82.08M
Total Current Liabilities
Deferred Taxes/Income27.06M52.64M50.54M58.24M28.19M17.49M
Convertible Debt------
Long-Term Debt--192.96M212.76M--
Non-Current Capital Leases------
Other Long-Term Liabilities115.84M80.97M47.38M46.91M51.88M22.91M
Total Liabilities
Minority Interest------
Preferred Stock------
Common Stock Net------
Capital Surplus-605.78M610.16M582.48M576.34M532.56M
Retained Earnings9.43M-28.29M-87.93M4.46M40.31M-5.95M
Treasury Stock----6.69M-
Other Liabilities702.97M-11.38M-24.26M-0.87M9.34M7.68M
Shareholders Equity712.58M566.24M498.09M586.21M619.43M534.42M
Total Liabilities & Shareholders Equity2.68B2.06B1.87B1.9B1.66B1.29B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at China Ming Yang Wind Power historical stock prices and the current China Ming Yang Wind Power stock price can tell you how the stock price has moved, whereas the China Ming Yang Wind Power PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: An asset is a resource that a corporation like China Ming Yang Wind Power owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for MY stock as of 2015 is $2.68B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: The total liabilities of China Ming Yang Wind Power for the year 2015 total to $1.96B. Liabilities for a company like China Ming Yang Wind Power include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.