China Free Cash Flow vs Change In Working Capital Analysis

002939 Stock

8.46 0.01 0.12%

China Great financial indicator trend analysis is way more than just evaluating China Great Wall prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Great Wall is a good investment. Please check the relationship between China Great Free Cash Flow and its Change In Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Great Wall. 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.

Free Cash Flow vs Change In Working Capital

Free Cash Flow vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Great Wall Free Cash Flow account and Change In Working Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between China Great's Free Cash Flow and Change In Working Capital is 0.92. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of China Great Wall, assuming nothing else is changed. The correlation between historical values of China Great's Free Cash Flow and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of China Great Wall are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Free Cash Flow i.e., China Great's Free Cash Flow and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Most indicators from China Great's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Great Wall 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 China Great Wall. 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 129.3 M, whereas Selling General Administrative is forecasted to decline to about 2 B.

	2023	2024 (projected)
Gross Profit	1.1B	1.3B
Total Revenue	3.3B	4.4B

Gross Profit Total Revenue

China Great fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Good Will	Short Term Investments	Other Liab	Net Tangible Assets	Long Term Debt
Total Assets		0.97	-0.61	0.65	0.98	0.67	-0.59	0.99	0.65	0.97	0.98	0.39	-0.06	0.97	0.35	0.82	0.85	1.0	0.97	0.96	0.81	-0.65	0.14	-0.67	0.81	0.67
Short Long Term Debt Total	0.97		-0.59	0.62	0.92	0.73	-0.44	0.95	0.62	0.93	0.97	0.53	-0.12	0.94	0.28	0.86	0.77	0.98	0.94	0.96	0.73	-0.66	-0.03	-0.63	0.83	0.68
Other Current Liab	-0.61	-0.59		-0.93	-0.58	-0.34	0.39	-0.54	-0.93	-0.6	-0.62	-0.27	0.2	-0.59	-0.11	-0.58	-0.69	-0.61	-0.58	-0.62	-0.38	0.69	-0.17	0.25	-0.5	-0.54
Total Current Liabilities	0.65	0.62	-0.93		0.65	0.29	-0.38	0.61	1.0	0.62	0.69	0.06	-0.25	0.6	0.36	0.63	0.81	0.64	0.6	0.69	0.43	-0.74	0.15	-0.41	0.51	0.63
Total Stockholder Equity	0.98	0.92	-0.58	0.65		0.58	-0.6	0.98	0.65	0.94	0.97	0.26	-0.11	0.94	0.43	0.74	0.9	0.96	0.95	0.95	0.87	-0.62	0.14	-0.74	0.8	0.7
Property Plant And Equipment Net	0.67	0.73	-0.34	0.29	0.58		-0.25	0.65	0.29	0.65	0.65	0.51	-0.1	0.66	-0.04	0.52	0.32	0.69	0.66	0.58	0.58	-0.25	-0.14	-0.24	0.78	0.41
Net Debt	-0.59	-0.44	0.39	-0.38	-0.6	-0.25		-0.58	-0.38	-0.74	-0.43	0.1	0.07	-0.72	-0.39	-0.34	-0.5	-0.58	-0.72	-0.54	-0.6	0.09	-0.52	0.47	-0.28	-0.28
Retained Earnings	0.99	0.95	-0.54	0.61	0.98	0.65	-0.58		0.61	0.95	0.97	0.29	-0.03	0.96	0.44	0.81	0.85	0.98	0.96	0.96	0.84	-0.61	0.15	-0.71	0.79	0.71
Accounts Payable	0.65	0.62	-0.93	1.0	0.65	0.29	-0.38	0.61		0.62	0.69	0.06	-0.25	0.6	0.36	0.63	0.81	0.64	0.6	0.69	0.43	-0.74	0.15	-0.41	0.51	0.63
Cash	0.97	0.93	-0.6	0.62	0.94	0.65	-0.74	0.95	0.62		0.91	0.35	-0.12	1.0	0.37	0.79	0.78	0.97	1.0	0.94	0.8	-0.53	0.19	-0.66	0.74	0.63
Non Current Assets Total	0.98	0.97	-0.62	0.69	0.97	0.65	-0.43	0.97	0.69	0.91		0.39	-0.12	0.91	0.32	0.83	0.88	0.97	0.91	0.96	0.78	-0.74	0.03	-0.67	0.84	0.7
Non Currrent Assets Other	0.39	0.53	-0.27	0.06	0.26	0.51	0.1	0.29	0.06	0.35	0.39		-0.01	0.37	-0.51	0.42	0.05	0.42	0.36	0.36	0.1	-0.32	-0.29	-0.01	0.46	0.1
Other Assets	-0.06	-0.12	0.2	-0.25	-0.11	-0.1	0.07	-0.03	-0.25	-0.12	-0.12	-0.01		-0.15	-0.07	-0.16	-0.16	-0.04	-0.15	-0.19	-0.08	0.11	0.61	0.18	-0.11	-0.2
Cash And Short Term Investments	0.97	0.94	-0.59	0.6	0.94	0.66	-0.72	0.96	0.6	1.0	0.91	0.37	-0.15		0.35	0.79	0.78	0.97	1.0	0.94	0.8	-0.54	0.14	-0.65	0.75	0.62
Net Receivables	0.35	0.28	-0.11	0.36	0.43	-0.04	-0.39	0.44	0.36	0.37	0.32	-0.51	-0.07	0.35		0.31	0.47	0.32	0.36	0.47	0.48	-0.04	0.15	-0.65	0.2	0.63
Non Current Liabilities Total	0.82	0.86	-0.58	0.63	0.74	0.52	-0.34	0.81	0.63	0.79	0.83	0.42	-0.16	0.79	0.31		0.71	0.84	0.79	0.86	0.54	-0.73	0.01	-0.56	0.58	0.62
Other Stockholder Equity	0.85	0.77	-0.69	0.81	0.9	0.32	-0.5	0.85	0.81	0.78	0.88	0.05	-0.16	0.78	0.47	0.71		0.82	0.79	0.84	0.74	-0.78	0.22	-0.64	0.67	0.61
Total Liab	1.0	0.98	-0.61	0.64	0.96	0.69	-0.58	0.98	0.64	0.97	0.97	0.42	-0.04	0.97	0.32	0.84	0.82		0.97	0.96	0.79	-0.65	0.14	-0.64	0.8	0.65
Total Current Assets	0.97	0.94	-0.58	0.6	0.95	0.66	-0.72	0.96	0.6	1.0	0.91	0.36	-0.15	1.0	0.36	0.79	0.79	0.97		0.94	0.8	-0.54	0.14	-0.66	0.74	0.63
Intangible Assets	0.96	0.96	-0.62	0.69	0.95	0.58	-0.54	0.96	0.69	0.94	0.96	0.36	-0.19	0.94	0.47	0.86	0.84	0.96	0.94		0.78	-0.64	0.02	-0.79	0.76	0.79
Common Stock	0.81	0.73	-0.38	0.43	0.87	0.58	-0.6	0.84	0.43	0.8	0.78	0.1	-0.08	0.8	0.48	0.54	0.74	0.79	0.8	0.78		-0.26	0.17	-0.69	0.84	0.68
Good Will	-0.65	-0.66	0.69	-0.74	-0.62	-0.25	0.09	-0.61	-0.74	-0.53	-0.74	-0.32	0.11	-0.54	-0.04	-0.73	-0.78	-0.65	-0.54	-0.64	-0.26		-0.05	0.29	-0.43	-0.35
Short Term Investments	0.14	-0.03	-0.17	0.15	0.14	-0.14	-0.52	0.15	0.15	0.19	0.03	-0.29	0.61	0.14	0.15	0.01	0.22	0.14	0.14	0.02	0.17	-0.05		-0.01	-0.07	-0.14
Other Liab	-0.67	-0.63	0.25	-0.41	-0.74	-0.24	0.47	-0.71	-0.41	-0.66	-0.67	-0.01	0.18	-0.65	-0.65	-0.56	-0.64	-0.64	-0.66	-0.79	-0.69	0.29	-0.01		-0.5	-0.66
Net Tangible Assets	0.81	0.83	-0.5	0.51	0.8	0.78	-0.28	0.79	0.51	0.74	0.84	0.46	-0.11	0.75	0.2	0.58	0.67	0.8	0.74	0.76	0.84	-0.43	-0.07	-0.5		0.62
Long Term Debt	0.67	0.68	-0.54	0.63	0.7	0.41	-0.28	0.71	0.63	0.63	0.7	0.1	-0.2	0.62	0.63	0.62	0.61	0.65	0.63	0.79	0.68	-0.35	-0.14	-0.66	0.62

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China Great Account Relationship Matchups

China Great fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	59.1B	72.2B	92.7B	100.2B	115.6B	121.4B
Short Long Term Debt Total	15.0B	23.0B	31.8B	30.6B	38.5B	40.4B
Other Current Liab	(320.7M)	(346.0M)	(409.0M)	(596.6M)	(1.5B)	(1.4B)
Total Current Liabilities	320.7M	346.0M	409.0M	596.6M	1.5B	1.5B
Total Stockholder Equity	16.9B	18.1B	19.6B	27.6B	28.6B	30.0B
Property Plant And Equipment Net	173.0M	165.6M	567.9M	462.0M	480.6M	267.5M
Net Debt	(13.8B)	(17.3B)	(19.8B)	(18.9B)	(14.3B)	(15.0B)
Retained Earnings	2.2B	3.0B	3.9B	4.1B	4.7B	5.0B
Accounts Payable	320.7M	346.0M	409.0M	596.6M	1.5B	1.5B
Cash	28.7B	40.4B	51.6B	49.4B	52.8B	55.4B
Non Current Assets Total	27.2B	27.4B	37.5B	46.4B	60.4B	63.4B
Non Currrent Assets Other	(160.3M)	(228.9M)	(164.7M)	(377.0M)	(298.3M)	(313.2M)
Other Assets	3.0B	3.7B	3.2B	4.1B	2.0B	2.9B
Cash And Short Term Investments	28.7B	40.4B	51.6B	49.4B	52.8B	55.4B
Net Receivables	182.1M	729.3M	360.5M	311.5M	464.1M	341.1M
Liabilities And Stockholders Equity	59.1B	72.2B	92.7B	100.2B	115.6B	121.4B
Non Current Liabilities Total	15.0B	23.0B	31.8B	596.6M	38.5B	40.4B
Other Stockholder Equity	7.0B	9.2B	5.3B	11.7B	19.8B	20.8B
Total Liab	41.7B	53.7B	72.6B	72.2B	86.6B	90.9B
Total Current Assets	28.9B	41.1B	52.0B	49.8B	53.2B	55.9B
Intangible Assets	76.3M	88.4M	92.4M	90.8M	115.2M	121.0M
Other Liab	466.8M	981.5M	1.3B	1.1B	980.7M	916.2M
Net Tangible Assets	16.8B	18.0B	19.5B	27.5B	31.6B	19.3B
Other Current Assets	(13.3B)	(21.1B)	(26.6B)	(23.9B)	(26.2B)	(24.8B)
Deferred Long Term Liab	82.8M	73.6M	59.7M	44.1M	50.8M	62.3M
Long Term Investments	27.0B	27.1B	36.8B	45.9B	59.8B	31.9B
Property Plant Equipment	173.0M	165.6M	567.9M	462.0M	531.3M	281.6M
Net Invested Capital	31.9B	41.1B	44.9B	57.8B	66.7B	45.5B
Short Term Debt	14.2B	15.8B	22.0B	24.5B	29.3B	19.9B

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Balance Sheet is a snapshot of the financial position of China Great Wall at a specified time, usually calculated after every quarter, six months, or one year. China Great Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Great 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.

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China Free Cash Flow vs Change In Working Capital Analysis

Free Cash Flow vs Change In Working Capital

Free Cash Flow vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Free Cash Flow

Change In Working Capital

China Great fundamental ratios Correlations

China Great Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Great fundamental ratios Accounts

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Total Liab	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Retained Earnings	+ 0.99	Total Assets

Accounts Payable	- 0.93	Other Current Liab
Total Current Liabilities	- 0.93	Other Current Liab
Other Liab	- 0.79	Intangible Assets
Good Will	- 0.78	Other Stockholder Equity
Good Will	- 0.74	Non Current Assets Total
Good Will	- 0.74	Accounts Payable