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

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

A thorough fundamental analysis involves using data from China Ming Yang Wind Power balance sheet, apart from other financial statements, to value the business. 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. A company releases its balance sheet every quarter along with its quarterly results. China Ming Yang Wind Power had a long term debt of $- at the end of 2015 Q4. To understand the debt servicing capacity of the company, one needs to look at China Ming Yang Wind Power operating cash flow and China Ming Yang Wind Power revenue also. China Ming Yang Wind Power debt to equity ratio is .

View and download China Ming Yang Wind Power quarterly results to get the balance sheet details for the latest 40 quarters data.
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Fiscal year is Jan - Dec2015 Q42015 Q3
Marketable Securities68.62M71.57M
Raw Materials105.81M-
Work In Progress48.67M-
Finished Goods336.65M-
Notes Receivable--
Other Current Assets16.96M21.45M
Total Current Assets
Property Plant & Equipment227.85M-
Accumulated Depreciation63.7M-
Net Property Plant & Equipment
Investment & Advances170.46M170.07M
Other Non-Current Assets169.36M164.32M
Deferred Charges49.01M41.35M
Deposits & Other Assets97.08M79.94M
Total Assets
Notes Payable--
Accounts Payable1.32B1.23B
Current Portion Long-Term Debt96.16M-
Current Portion Capital Leases--
Accrued Expenses--
Income Taxes Payable28.61M20.96M
Other Current Liabilities272.53M179.97M
Total Current Liabilities
Deferred Taxes/Income27.06M59.56M
Convertible Debt--
Long-Term Debt--
Non-Current Capital Leases--
Other Long-Term Liabilities115.84M93.55M
Total Liabilities
Minority Interest--
Preferred Stock--
Common Stock Net--
Capital Surplus-683.81M
Retained Earnings9.43M4.23M
Treasury Stock--
Other Liabilities702.97M-2.43M
Shareholders Equity712.58M685.78M
Total Liabilities & Shareholders Equity2.68B2.35B
All figures in USD. M: Millions of USD, B: Billions of USD.

Most investors just check the China Ming Yang Wind Power stock price, and China Ming Yang Wind Power historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the China Ming Yang Wind Power PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • 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 Q4 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 or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for China Ming Yang Wind Power is $1.96B. Shareholders equity comes under liabilities as it is money the company owes the holders of MY stock.