China Non Current Liabilities Total vs Total Assets Analysis

002939 Stock   8.45  0.07  0.82%   
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 Non Current Liabilities Total and its Total Assets 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.

Non Current Liabilities Total vs Total Assets

Non Current Liabilities Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Great Wall Non Current Liabilities Total account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between China Great's Non Current Liabilities Total and Total Assets is 0.82. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Assets 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 Non Current Liabilities Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of China Great Wall are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Liabilities Total i.e., China Great's Non Current Liabilities Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Liabilities Total

Total Assets

Total assets refers to the total amount of China Great assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in China Great Wall books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Profit1.1B1.3B
Total Revenue3.3B4.4B

China Great fundamental ratios Correlations

0.97-0.610.650.980.67-0.590.990.650.970.980.39-0.060.970.350.820.851.00.970.960.81-0.650.14-0.670.810.67
0.97-0.590.620.920.73-0.440.950.620.930.970.53-0.120.940.280.860.770.980.940.960.73-0.66-0.03-0.630.830.68
-0.61-0.59-0.93-0.58-0.340.39-0.54-0.93-0.6-0.62-0.270.2-0.59-0.11-0.58-0.69-0.61-0.58-0.62-0.380.69-0.170.25-0.5-0.54
0.650.62-0.930.650.29-0.380.611.00.620.690.06-0.250.60.360.630.810.640.60.690.43-0.740.15-0.410.510.63
0.980.92-0.580.650.58-0.60.980.650.940.970.26-0.110.940.430.740.90.960.950.950.87-0.620.14-0.740.80.7
0.670.73-0.340.290.58-0.250.650.290.650.650.51-0.10.66-0.040.520.320.690.660.580.58-0.25-0.14-0.240.780.41
-0.59-0.440.39-0.38-0.6-0.25-0.58-0.38-0.74-0.430.10.07-0.72-0.39-0.34-0.5-0.58-0.72-0.54-0.60.09-0.520.47-0.28-0.28
0.990.95-0.540.610.980.65-0.580.610.950.970.29-0.030.960.440.810.850.980.960.960.84-0.610.15-0.710.790.71
0.650.62-0.931.00.650.29-0.380.610.620.690.06-0.250.60.360.630.810.640.60.690.43-0.740.15-0.410.510.63
0.970.93-0.60.620.940.65-0.740.950.620.910.35-0.121.00.370.790.780.971.00.940.8-0.530.19-0.660.740.63
0.980.97-0.620.690.970.65-0.430.970.690.910.39-0.120.910.320.830.880.970.910.960.78-0.740.03-0.670.840.7
0.390.53-0.270.060.260.510.10.290.060.350.39-0.010.37-0.510.420.050.420.360.360.1-0.32-0.29-0.010.460.1
-0.06-0.120.2-0.25-0.11-0.10.07-0.03-0.25-0.12-0.12-0.01-0.15-0.07-0.16-0.16-0.04-0.15-0.19-0.080.110.610.18-0.11-0.2
0.970.94-0.590.60.940.66-0.720.960.61.00.910.37-0.150.350.790.780.971.00.940.8-0.540.14-0.650.750.62
0.350.28-0.110.360.43-0.04-0.390.440.360.370.32-0.51-0.070.350.310.470.320.360.470.48-0.040.15-0.650.20.63
0.820.86-0.580.630.740.52-0.340.810.630.790.830.42-0.160.790.310.710.840.790.860.54-0.730.01-0.560.580.62
0.850.77-0.690.810.90.32-0.50.850.810.780.880.05-0.160.780.470.710.820.790.840.74-0.780.22-0.640.670.61
1.00.98-0.610.640.960.69-0.580.980.640.970.970.42-0.040.970.320.840.820.970.960.79-0.650.14-0.640.80.65
0.970.94-0.580.60.950.66-0.720.960.61.00.910.36-0.151.00.360.790.790.970.940.8-0.540.14-0.660.740.63
0.960.96-0.620.690.950.58-0.540.960.690.940.960.36-0.190.940.470.860.840.960.940.78-0.640.02-0.790.760.79
0.810.73-0.380.430.870.58-0.60.840.430.80.780.1-0.080.80.480.540.740.790.80.78-0.260.17-0.690.840.68
-0.65-0.660.69-0.74-0.62-0.250.09-0.61-0.74-0.53-0.74-0.320.11-0.54-0.04-0.73-0.78-0.65-0.54-0.64-0.26-0.050.29-0.43-0.35
0.14-0.03-0.170.150.14-0.14-0.520.150.150.190.03-0.290.610.140.150.010.220.140.140.020.17-0.05-0.01-0.07-0.14
-0.67-0.630.25-0.41-0.74-0.240.47-0.71-0.41-0.66-0.67-0.010.18-0.65-0.65-0.56-0.64-0.64-0.66-0.79-0.690.29-0.01-0.5-0.66
0.810.83-0.50.510.80.78-0.280.790.510.740.840.46-0.110.750.20.580.670.80.740.760.84-0.43-0.07-0.50.62
0.670.68-0.540.630.70.41-0.280.710.630.630.70.1-0.20.620.630.620.610.650.630.790.68-0.35-0.14-0.660.62
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China Great Account Relationship Matchups

China Great fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets59.1B72.2B92.7B100.2B115.6B121.4B
Short Long Term Debt Total15.0B23.0B31.8B30.6B38.5B40.4B
Other Current Liab(320.7M)(346.0M)(409.0M)(596.6M)(1.5B)(1.4B)
Total Current Liabilities320.7M346.0M409.0M596.6M1.5B1.5B
Total Stockholder Equity16.9B18.1B19.6B27.6B28.6B30.0B
Property Plant And Equipment Net173.0M165.6M567.9M462.0M480.6M267.5M
Net Debt(13.8B)(17.3B)(19.8B)(18.9B)(14.3B)(15.0B)
Retained Earnings2.2B3.0B3.9B4.1B4.7B5.0B
Accounts Payable320.7M346.0M409.0M596.6M1.5B1.5B
Cash28.7B40.4B51.6B49.4B52.8B55.4B
Non Current Assets Total27.2B27.4B37.5B46.4B60.4B63.4B
Non Currrent Assets Other(160.3M)(228.9M)(164.7M)(377.0M)(298.3M)(313.2M)
Other Assets3.0B3.7B3.2B4.1B2.0B2.9B
Cash And Short Term Investments28.7B40.4B51.6B49.4B52.8B55.4B
Net Receivables182.1M729.3M360.5M311.5M464.1M341.1M
Liabilities And Stockholders Equity59.1B72.2B92.7B100.2B115.6B121.4B
Non Current Liabilities Total15.0B23.0B31.8B596.6M38.5B40.4B
Other Stockholder Equity7.0B9.2B5.3B11.7B19.8B20.8B
Total Liab41.7B53.7B72.6B72.2B86.6B90.9B
Total Current Assets28.9B41.1B52.0B49.8B53.2B55.9B
Intangible Assets76.3M88.4M92.4M90.8M115.2M121.0M
Other Liab466.8M981.5M1.3B1.1B980.7M916.2M
Net Tangible Assets16.8B18.0B19.5B27.5B31.6B19.3B
Other Current Assets(13.3B)(21.1B)(26.6B)(23.9B)(26.2B)(24.8B)
Deferred Long Term Liab82.8M73.6M59.7M44.1M50.8M62.3M
Long Term Investments27.0B27.1B36.8B45.9B59.8B31.9B
Property Plant Equipment173.0M165.6M567.9M462.0M531.3M281.6M
Net Invested Capital31.9B41.1B44.9B57.8B66.7B45.5B
Short Term Debt14.2B15.8B22.0B24.5B29.3B19.9B

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Other Information on Investing in China Stock

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.