Chongqing Long Term Investments vs Cash Analysis

000625 Stock   13.62  0.25  1.80%   
Chongqing Changan financial indicator trend analysis is way more than just evaluating Chongqing Changan prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chongqing Changan is a good investment. Please check the relationship between Chongqing Changan Long Term Investments and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chongqing Changan Automobile. 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.

Long Term Investments vs Cash

Long Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing Changan Long Term Investments account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Chongqing Changan's Long Term Investments and Cash is -0.72. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Chongqing Changan Automobile, assuming nothing else is changed. The correlation between historical values of Chongqing Changan's Long Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Chongqing Changan Automobile are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Investments i.e., Chongqing Changan's Long Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Long Term Investments

Long Term Investments is an item on the asset side of Chongqing Changan balance sheet that represents investments Chongqing Changan intends to hold for over a year. Chongqing Changan Automobile long term investments may include different instruments such as stocks, bonds, real estate and cash.

Cash

Cash refers to the most liquid asset of Chongqing Changan, which is listed under current asset account on Chongqing Changan Automobile balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Chongqing Changan customers. The amounts must be unrestricted with restricted cash listed in a different Chongqing Changan account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Chongqing Changan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chongqing Changan current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Chongqing Changan Automobile. 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.
The current year's Tax Provision is expected to grow to about 1.1 B, whereas Selling General Administrative is forecasted to decline to about 5 B.
 2021 2022 2023 2024 (projected)
Gross Profit17.5B24.8B27.8B17.1B
Research Development3.5B4.3B6.0B3.5B

Chongqing Changan fundamental ratios Correlations

0.431.00.980.150.950.990.940.9-0.37-0.180.830.850.990.90.910.53-0.160.720.860.83-0.8-0.750.790.76-0.74
0.430.450.440.290.420.360.430.460.08-0.090.210.030.420.050.410.510.04-0.140.390.25-0.320.140.4-0.02-0.4
1.00.450.970.120.930.990.960.9-0.35-0.210.850.841.00.890.920.48-0.190.730.850.84-0.76-0.740.810.72-0.75
0.980.440.970.230.990.960.90.86-0.46-0.10.730.780.960.850.850.63-0.110.620.870.77-0.85-0.670.740.76-0.73
0.150.290.120.230.320.11-0.120.19-0.130.8-0.010.030.110.04-0.030.710.76-0.19-0.02-0.24-0.040.1-0.20.10.22
0.950.420.930.990.320.920.840.8-0.550.020.670.740.920.80.770.670.00.540.840.69-0.83-0.620.670.72-0.68
0.990.360.990.960.110.920.950.89-0.36-0.190.880.881.00.920.910.44-0.180.780.840.85-0.74-0.80.80.75-0.74
0.940.430.960.9-0.120.840.950.83-0.34-0.440.80.820.950.830.920.29-0.420.730.890.9-0.75-0.720.890.66-0.84
0.90.460.90.860.190.80.890.83-0.07-0.210.820.750.910.790.910.49-0.230.670.750.79-0.66-0.670.710.65-0.62
-0.370.08-0.35-0.46-0.13-0.55-0.36-0.34-0.07-0.23-0.04-0.3-0.31-0.33-0.07-0.29-0.09-0.09-0.44-0.150.450.22-0.25-0.330.33
-0.18-0.09-0.21-0.10.80.02-0.19-0.44-0.21-0.23-0.24-0.27-0.22-0.22-0.420.360.89-0.39-0.37-0.560.320.25-0.51-0.220.48
0.830.210.850.73-0.010.670.880.80.82-0.04-0.240.860.880.870.840.18-0.180.870.590.75-0.45-0.810.660.64-0.52
0.850.030.840.780.030.740.880.820.75-0.3-0.270.860.870.970.830.25-0.260.930.710.81-0.65-0.910.690.84-0.58
0.990.421.00.960.110.921.00.950.91-0.31-0.220.880.870.910.930.46-0.190.770.840.85-0.75-0.770.80.74-0.74
0.90.050.890.850.040.80.920.830.79-0.33-0.220.870.970.910.850.33-0.220.930.740.84-0.71-0.910.690.88-0.58
0.910.410.920.85-0.030.770.910.920.91-0.07-0.420.840.830.930.850.3-0.380.790.810.95-0.68-0.760.830.69-0.7
0.530.510.480.630.710.670.440.290.49-0.290.360.180.250.460.330.30.340.010.510.13-0.61-0.020.260.52-0.24
-0.160.04-0.19-0.110.760.0-0.18-0.42-0.23-0.090.89-0.18-0.26-0.19-0.22-0.380.34-0.36-0.38-0.510.330.27-0.49-0.220.48
0.72-0.140.730.62-0.190.540.780.730.67-0.09-0.390.870.930.770.930.790.01-0.360.580.82-0.49-0.920.640.77-0.49
0.860.390.850.87-0.020.840.840.890.75-0.44-0.370.590.710.840.740.810.51-0.380.580.81-0.84-0.510.930.77-0.81
0.830.250.840.77-0.240.690.850.90.79-0.15-0.560.750.810.850.840.950.13-0.510.820.81-0.68-0.760.840.71-0.68
-0.8-0.32-0.76-0.85-0.04-0.83-0.74-0.75-0.660.450.32-0.45-0.65-0.75-0.71-0.68-0.610.33-0.49-0.84-0.680.53-0.65-0.80.76
-0.750.14-0.74-0.670.1-0.62-0.8-0.72-0.670.220.25-0.81-0.91-0.77-0.91-0.76-0.020.27-0.92-0.51-0.760.53-0.51-0.670.55
0.790.40.810.74-0.20.670.80.890.71-0.25-0.510.660.690.80.690.830.26-0.490.640.930.84-0.65-0.510.63-0.79
0.76-0.020.720.760.10.720.750.660.65-0.33-0.220.640.840.740.880.690.52-0.220.770.770.71-0.8-0.670.63-0.47
-0.74-0.4-0.75-0.730.22-0.68-0.74-0.84-0.620.330.48-0.52-0.58-0.74-0.58-0.7-0.240.48-0.49-0.81-0.680.760.55-0.79-0.47
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Chongqing Changan Account Relationship Matchups

Chongqing Changan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets97.6B120.9B135.4B146.0B190.2B199.7B
Other Current Liab9.9B11.3B17.4B16.2B8.9B7.7B
Total Current Liabilities49.2B62.6B76.1B79.9B103.2B108.4B
Total Stockholder Equity44.0B53.4B55.7B62.9B71.9B75.4B
Other Liab4.4B1.2B2.8B2.1B2.4B1.7B
Retained Earnings33.7B37.0B38.9B44.9B49.6B52.1B
Accounts Payable32.3B40.7B47.9B51.5B75.7B79.5B
Cash10.1B32.0B52.0B53.5B64.9B68.1B
Other Assets2.4B2.7B3.0B3.8B4.4B4.6B
Long Term Debt912.7M955.3M600M1.0B1.1B1.0B
Net Receivables31.7B2.1B1.7B3.1B2.4B2.3B
Inventory3.4B6.0B6.9B5.8B13.5B14.1B
Other Current Assets2.1B1.3B4.5B1.6B9.7B10.2B
Total Liab53.7B67.4B79.5B83.1B115.5B121.3B
Intangible Assets6.0B5.5B5.1B5.2B17.3B18.2B
Property Plant Equipment28.7B25.3B22.9B20.8B24.0B14.0B
Net Tangible Assets38.8B48.9B51.3B58.4B67.2B48.7B
Other Stockholder Equity614.8M685.6M1.1B2.2B2.5B2.6B
Deferred Long Term Liab829.1M607.2M742.6M749.6M674.6M681.1M
Total Current Assets49.6B72.9B91.1B102.1B130.9B81.9B
Non Current Assets Total48.0B48.0B44.3B44.0B59.2B51.9B
Non Currrent Assets Other(4.7K)50.3B48.0B450M405M384.8M
Non Current Liabilities Total4.4B4.8B3.4B3.2B12.2B12.9B
Short Long Term Debt229.6M578M19M29M30.0M28.5M
Net Invested Capital44.3B54.9B56.4B63.9B73.0B60.8B
Net Working Capital373.4M10.3B15.0B22.1B27.7B29.1B

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Other Information on Investing in Chongqing Stock

Balance Sheet is a snapshot of the financial position of Chongqing Changan at a specified time, usually calculated after every quarter, six months, or one year. Chongqing Changan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chongqing Changan 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 Chongqing currently owns. An asset can also be divided into two categories, current and non-current.