China Non Current Assets Total vs Deferred Long Term Liab Analysis

600007 Stock   22.46  0.12  0.53%   
China World financial indicator trend analysis is way more than just evaluating China World Trade prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China World Trade is a good investment. Please check the relationship between China World Non Current Assets Total and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China World Trade. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Current Assets Total vs Deferred Long Term Liab

Non Current Assets Total vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China World Trade Non Current Assets Total account and Deferred Long Term Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between China World's Non Current Assets Total and Deferred Long Term Liab is 0.82. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of China World Trade, assuming nothing else is changed. The correlation between historical values of China World's Non Current Assets Total and Deferred Long Term Liab 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 Assets Total of China World Trade are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Non Current Assets Total i.e., China World's Non Current Assets Total and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from China World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China World Trade 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 World Trade. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 118.7 M, whereas Tax Provision is forecasted to decline to about 337.1 M.
 2021 2022 2023 2024 (projected)
Operating Income1.4B1.4B1.7B1.8B
Total Revenue3.6B3.4B4.0B2.0B

China World fundamental ratios Correlations

0.920.260.750.490.47-0.210.830.470.780.920.04-0.95-0.170.230.690.60.16-0.650.680.61-0.4-0.64-0.280.060.06
0.920.440.860.670.66-0.40.750.10.690.74-0.29-0.93-0.350.120.890.710.05-0.830.870.83-0.57-0.77-0.480.250.25
0.260.440.310.130.11-0.77-0.02-0.34-0.210.07-0.63-0.390.170.370.490.520.46-0.450.560.35-0.07-0.510.01-0.14-0.14
0.750.860.310.880.88-0.420.54-0.010.640.56-0.4-0.84-0.57-0.010.920.79-0.11-0.930.830.85-0.87-0.86-0.60.280.28
0.490.670.130.880.97-0.350.38-0.260.520.25-0.45-0.56-0.8-0.20.860.63-0.43-0.860.70.9-0.96-0.71-0.720.430.43
0.470.660.110.880.97-0.330.32-0.280.520.22-0.5-0.54-0.84-0.160.850.57-0.51-0.830.670.91-0.98-0.69-0.770.430.43
-0.21-0.4-0.77-0.42-0.35-0.33-0.040.380.130.020.610.330.09-0.12-0.53-0.53-0.210.53-0.56-0.440.310.530.17-0.04-0.04
0.830.75-0.020.540.380.32-0.040.420.680.780.31-0.76-0.1-0.140.540.530.17-0.540.610.49-0.25-0.49-0.170.180.18
0.470.1-0.34-0.01-0.26-0.280.380.420.440.680.77-0.350.370.32-0.25-0.070.290.24-0.24-0.320.290.110.38-0.43-0.43
0.780.69-0.210.640.520.520.130.680.440.830.1-0.7-0.420.170.530.23-0.21-0.470.450.51-0.5-0.4-0.590.370.37
0.920.740.070.560.250.220.020.780.680.830.25-0.860.00.360.450.390.25-0.410.470.32-0.19-0.45-0.18-0.01-0.01
0.04-0.29-0.63-0.4-0.45-0.50.610.310.770.10.250.110.41-0.14-0.55-0.30.160.49-0.5-0.530.50.430.55-0.33-0.33
-0.95-0.93-0.39-0.84-0.56-0.540.33-0.76-0.35-0.7-0.860.110.18-0.23-0.79-0.77-0.230.78-0.8-0.640.50.820.310.00.0
-0.17-0.350.17-0.57-0.8-0.840.09-0.10.37-0.420.00.410.180.28-0.54-0.190.840.5-0.35-0.70.840.340.8-0.53-0.53
0.230.120.37-0.01-0.2-0.16-0.12-0.140.320.170.36-0.14-0.230.280.01-0.180.250.14-0.04-0.080.18-0.02-0.04-0.32-0.32
0.690.890.490.920.860.85-0.530.54-0.250.530.45-0.55-0.79-0.540.010.79-0.09-0.970.940.95-0.8-0.88-0.650.360.36
0.60.710.520.790.630.57-0.530.53-0.070.230.39-0.3-0.77-0.19-0.180.790.27-0.890.840.64-0.58-0.93-0.14-0.06-0.06
0.160.050.46-0.11-0.43-0.51-0.210.170.29-0.210.250.16-0.230.840.25-0.090.270.020.14-0.350.49-0.10.57-0.32-0.32
-0.65-0.83-0.45-0.93-0.86-0.830.53-0.540.24-0.47-0.410.490.780.50.14-0.97-0.890.02-0.94-0.880.820.920.55-0.32-0.32
0.680.870.560.830.70.67-0.560.61-0.240.450.47-0.5-0.8-0.35-0.040.940.840.14-0.940.82-0.64-0.89-0.530.340.34
0.610.830.350.850.90.91-0.440.49-0.320.510.32-0.53-0.64-0.7-0.080.950.64-0.35-0.880.82-0.83-0.74-0.710.410.41
-0.4-0.57-0.07-0.87-0.96-0.980.31-0.250.29-0.5-0.190.50.50.840.18-0.8-0.580.490.82-0.64-0.830.70.78-0.43-0.43
-0.64-0.77-0.51-0.86-0.71-0.690.53-0.490.11-0.4-0.450.430.820.34-0.02-0.88-0.93-0.10.92-0.89-0.740.70.40.010.01
-0.28-0.480.01-0.6-0.72-0.770.17-0.170.38-0.59-0.180.550.310.8-0.04-0.65-0.140.570.55-0.53-0.710.780.4-0.71-0.71
0.060.25-0.140.280.430.43-0.040.18-0.430.37-0.01-0.330.0-0.53-0.320.36-0.06-0.32-0.320.340.41-0.430.01-0.711.0
0.060.25-0.140.280.430.43-0.040.18-0.430.37-0.01-0.330.0-0.53-0.320.36-0.06-0.32-0.320.340.41-0.430.01-0.711.0
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China World Account Relationship Matchups

China World fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.8B12.1B12.7B12.8B12.9B9.6B
Total Stockholder Equity7.6B8.0B8.6B9.1B9.7B5.6B
Retained Earnings4.7B5.1B5.8B5.8B6.3B6.6B
Accounts Payable24.4M72.7M67.1M84.2M97.0M101.8M
Cash1.2B1.9B3.0B3.5B4.1B4.3B
Other Assets213.2M205.2M194.9M189.7M218.2M261.7M
Inventory32.8M34.0M32.7M32.1M32.3M22.5M
Total Liab4.2B4.1B4.1B3.7B3.2B4.0B
Property Plant Equipment9.4B9.4B9.0B8.6B9.9B7.7B
Long Term Debt2.7B2.6B2.1B2.1B1.1B2.1B
Intangible Assets510.3M494.7M479.2M463.8M448.3M872.5M
Other Current Liab1.4B1.2B1.2B39.3M35.7M33.9M
Total Current Liabilities1.6B1.4B1.9B1.6B2.1B1.5B
Net Tangible Assets6.4B7.1B7.5B8.2B9.4B7.0B
Net Receivables422.9M440.5M368.5M377.4M258.2M342.8M
Other Current Assets50.2M51.4M38.1M523.1K287.8K273.4K
Deferred Long Term Liab136.6M113.8M104.1M107.7M97.0M111.1M
Total Current Assets1.7B2.4B3.4B3.9B4.4B2.4B
Non Current Assets Total10.1B9.7B9.3B8.9B8.5B7.7B
Non Currrent Assets Other24.9M27.2M30.1M31.9M37.0M35.1M
Non Current Liabilities Total2.7B2.6B2.2B2.1B1.1B1.8B
Net Invested Capital10.2B10.7B10.8B11.2B10.8B11.3B
Net Working Capital152.1M952.9M1.5B2.4B2.4B2.5B

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Other Information on Investing in China Stock

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