China Long Term Debt vs Inventory Analysis

600340 Stock   2.88  0.03  1.03%   
China Fortune financial indicator trend analysis is way more than just evaluating China Fortune Land prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Fortune Land is a good investment. Please check the relationship between China Fortune Long Term Debt and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Fortune Land. 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 Debt vs Inventory

Long Term Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Fortune Land Long Term Debt account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China Fortune's Long Term Debt and Inventory is 0.53. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Inventory in the same time period over historical financial statements of China Fortune Land, assuming nothing else is changed. The correlation between historical values of China Fortune's Long Term Debt and Inventory 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 Debt of China Fortune Land are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Long Term Debt i.e., China Fortune's Long Term Debt and Inventory go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that China Fortune Land has held for over one year. Long-term debt appears on China Fortune Land balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on China Fortune Land balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Inventory

Most indicators from China Fortune's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Fortune Land 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 Fortune Land. 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 Selling General Administrative is expected to grow to about 2.2 B, whereas Tax Provision is projected to grow to (1.7 B).
 2021 2023 2024 (projected)
Other Operating Expenses2.5B2.9B5.4B
Gross Profit3.8B8.2B7.8B

China Fortune fundamental ratios Correlations

0.7-0.580.560.930.530.660.720.840.990.920.790.810.750.020.450.840.510.910.810.690.90.920.350.92-0.8
0.7-0.360.960.520.730.110.40.850.620.710.350.440.650.230.680.50.960.580.40.880.660.530.280.64-0.49
-0.58-0.36-0.21-0.58-0.35-0.44-0.59-0.45-0.58-0.71-0.59-0.49-0.590.2-0.18-0.55-0.24-0.6-0.55-0.39-0.65-0.61-0.09-0.610.64
0.560.96-0.210.330.71-0.130.180.80.470.580.130.250.510.410.750.360.970.420.290.760.490.340.30.47-0.31
0.930.52-0.580.330.280.850.830.670.940.830.910.910.62-0.280.220.90.30.960.860.60.90.920.430.95-0.8
0.530.73-0.350.710.28-0.030.180.820.460.650.260.170.780.310.690.290.650.240.190.50.440.33-0.170.36-0.39
0.660.11-0.44-0.130.85-0.030.840.30.70.560.920.850.45-0.61-0.210.67-0.130.750.680.280.720.760.150.72-0.75
0.720.4-0.590.180.830.180.840.530.730.650.890.910.61-0.6-0.150.60.190.840.750.460.870.840.120.82-0.76
0.840.85-0.450.80.670.820.30.530.790.830.530.610.840.150.680.670.720.70.660.650.80.70.20.76-0.64
0.990.62-0.580.470.940.460.70.730.790.910.810.830.720.00.40.850.420.910.830.630.890.930.340.91-0.8
0.920.71-0.710.580.830.650.560.650.830.910.780.690.740.030.470.740.520.790.730.610.830.770.250.8-0.83
0.790.35-0.590.130.910.260.920.890.530.810.780.880.59-0.52-0.030.720.10.820.740.440.810.810.210.81-0.81
0.810.44-0.490.250.910.170.850.910.610.830.690.880.6-0.460.080.770.240.910.820.50.90.880.290.88-0.76
0.750.65-0.590.510.620.780.450.610.840.720.740.590.6-0.070.510.60.510.620.530.580.820.74-0.170.71-0.74
0.020.230.20.41-0.280.31-0.61-0.60.150.00.03-0.52-0.46-0.070.57-0.130.34-0.26-0.250.09-0.28-0.210.02-0.240.26
0.450.68-0.180.750.220.69-0.21-0.150.680.40.47-0.030.080.510.570.460.720.260.210.540.330.240.260.34-0.23
0.840.5-0.550.360.90.290.670.60.670.850.740.720.770.6-0.130.460.340.90.830.580.810.810.570.92-0.7
0.510.96-0.240.970.30.65-0.130.190.720.420.520.10.240.510.340.720.340.410.220.850.490.350.280.48-0.29
0.910.58-0.60.420.960.240.750.840.70.910.790.820.910.62-0.260.260.90.410.910.640.940.940.510.98-0.78
0.810.4-0.550.290.860.190.680.750.660.830.730.740.820.53-0.250.210.830.220.910.330.850.840.50.87-0.75
0.690.88-0.390.760.60.50.280.460.650.630.610.440.50.580.090.540.580.850.640.330.660.620.350.71-0.45
0.90.66-0.650.490.90.440.720.870.80.890.830.810.90.82-0.280.330.810.490.940.850.660.930.240.95-0.88
0.920.53-0.610.340.920.330.760.840.70.930.770.810.880.74-0.210.240.810.350.940.840.620.930.30.93-0.76
0.350.28-0.090.30.43-0.170.150.120.20.340.250.210.29-0.170.020.260.570.280.510.50.350.240.30.46-0.05
0.920.64-0.610.470.950.360.720.820.760.910.80.810.880.71-0.240.340.920.480.980.870.710.950.930.46-0.78
-0.8-0.490.64-0.31-0.8-0.39-0.75-0.76-0.64-0.8-0.83-0.81-0.76-0.740.26-0.23-0.7-0.29-0.78-0.75-0.45-0.88-0.76-0.05-0.78
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China Fortune Account Relationship Matchups

China Fortune fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets457.8B488.8B441.0B408.6B351.5B189.3B
Total Stockholder Equity50.0B62.0B6.3B9.4B7.2B6.8B
Other Liab162.2M311.1M569.8M608.1M699.3M664.3M
Retained Earnings40.8B40.4B351.6M404.2M(5.6B)(5.3B)
Accounts Payable45.6B57.5B57.7B51.0B43.4B45.6B
Cash43.0B27.0B14.4B12.4B6.5B6.2B
Other Assets13.3B8.4B16.2B21.3B24.5B25.7B
Long Term Debt118.6B110.9B52.4B136.1B158.4B166.4B
Inventory290.3B179.2B145.3B122.9B82.6B91.1B
Total Liab384.1B397.3B417.1B384.3B329.6B165.0B
Intangible Assets7.0B6.8B5.9B5.0B4.5B2.8B
Common Stock3.0B3.0B3.9B3.9B4.5B4.7B
Property Plant Equipment17.7B14.3B14.5B14.1B16.3B17.1B
Good Will541.6M502.0M305.0M203.7M234.2M211.1M
Other Current Liab143.3B136.4B154.6B16.6B10.5B10.0B
Total Current Liabilities265.3B285.6B364.0B237.1B155.7B250.8B
Net Tangible Assets37.9B42.7B55.0B414.2M476.3M452.5M
Net Receivables63.2B63.1B56.5B52.6B46.8B49.3B
Other Current Assets22.4B11.1B18.1B14.7B13.4B13.5B
Other Stockholder Equity8.8B5.3B17.9B2.1B2.4B2.3B
Deferred Long Term Liab2.8B2.7B2.3B1.8B2.1B2.0B
Short Long Term Debt26.6B27.6B26.7B9.7B8.3B14.9B
Total Current Assets418.8B441.1B392.5B364.0B307.6B368.8B
Non Current Assets Total39.0B47.7B48.5B44.6B43.9B43.9B
Non Currrent Assets Other2.9B5.0B87.3M10.7M9.6M9.1M
Non Current Liabilities Total118.8B111.7B53.2B147.2B174.0B116.4B
Non Current Liabilities Other76.0B111.1B117.3B7.2B11.3B10.7B
Net Debt100.9B111.5B64.7B133.4B160.3B102.7B
Net Invested Capital193.9B200.5B85.4B155.2B173.9B171.0B
Net Working Capital153.5B155.5B28.5B127.0B151.9B98.5B

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Other Information on Investing in China Stock

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