CNFinance Other Current Assets from 2010 to 2024

CNF Stock  USD 0.96  0.01  1.05%   
CNFinance Holdings' Other Current Assets are decreasing over the last several years with slightly volatile swings. Other Current Assets are estimated to finish at about -727.1 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2016-12-31
Previous Quarter
2.5 B
Current Value
-850.4 M
Quarterly Volatility
B
 
Covid
Check CNFinance Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CNFinance Holdings' main balance sheet or income statement drivers, such as Tax Provision of 43.6 M, Net Interest Income of 1.1 B or Interest Income of 1.9 B, as well as many indicators such as Price To Sales Ratio of 2.07, Dividend Yield of 0.0 or PTB Ratio of 0.28. CNFinance financial statements analysis is a perfect complement when working with CNFinance Holdings Valuation or Volatility modules.
  
Check out the analysis of CNFinance Holdings Correlation against competitors.
For more detail on how to invest in CNFinance Stock please use our How to Invest in CNFinance Holdings guide.

Latest CNFinance Holdings' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of CNFinance Holdings over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. CNFinance Holdings' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CNFinance Holdings' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

CNFinance Other Current Assets Regression Statistics

Arithmetic Mean7,260,048,406
Coefficient Of Variation68.59
Mean Deviation3,217,184,728
Median7,259,223,092
Standard Deviation4,979,339,534
Sample Variance24793822.2T
Range16.9B
R-Value(0.36)
Mean Square Error23262178T
R-Squared0.13
Significance0.19
Slope(399,576,549)
Total Sum of Squares347113510.7T

CNFinance Other Current Assets History

2024-727.1 M
2023-765.4 M
2022-850.4 M
202110.9 B
20209.2 B
20199.7 B
201814.5 B

About CNFinance Holdings Financial Statements

CNFinance Holdings stakeholders use historical fundamental indicators, such as CNFinance Holdings' Other Current Assets, to determine how well the company is positioned to perform in the future. Although CNFinance Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in CNFinance Holdings' assets and liabilities are reflected in the revenues and expenses on CNFinance Holdings' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CNFinance Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets-765.4 M-727.1 M

Currently Active Assets on Macroaxis

When determining whether CNFinance Holdings is a strong investment it is important to analyze CNFinance Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CNFinance Holdings' future performance. For an informed investment choice regarding CNFinance Stock, refer to the following important reports:
Check out the analysis of CNFinance Holdings Correlation against competitors.
For more detail on how to invest in CNFinance Stock please use our How to Invest in CNFinance Holdings guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CNFinance Holdings. If investors know CNFinance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CNFinance Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Earnings Share
0.24
Revenue Per Share
12.22
Quarterly Revenue Growth
(0.15)
Return On Assets
0.0075
The market value of CNFinance Holdings is measured differently than its book value, which is the value of CNFinance that is recorded on the company's balance sheet. Investors also form their own opinion of CNFinance Holdings' value that differs from its market value or its book value, called intrinsic value, which is CNFinance Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CNFinance Holdings' market value can be influenced by many factors that don't directly affect CNFinance Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CNFinance Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if CNFinance Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNFinance Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.