Caihong Non Current Assets Total vs Non Currrent Assets Other Analysis

600707 Stock   6.97  0.02  0.29%   
Caihong Display financial indicator trend analysis is way more than just evaluating Caihong Display Devices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Caihong Display Devices is a good investment. Please check the relationship between Caihong Display Non Current Assets Total and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caihong Display Devices. 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 Non Currrent Assets Other

Non Current Assets Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caihong Display Devices Non Current Assets Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Caihong Display's Non Current Assets Total and Non Currrent Assets Other is 0.04. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Caihong Display Devices, assuming nothing else is changed. The correlation between historical values of Caihong Display's Non Current Assets Total and Non Currrent Assets Other 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 Caihong Display Devices are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Assets Total i.e., Caihong Display's Non Current Assets Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Caihong Display's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caihong Display Devices 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 Caihong Display Devices. 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.
As of November 29, 2024, Selling General Administrative is expected to decline to about 174.2 M. The current year's Tax Provision is expected to grow to about (2 M)
 2021 2022 2023 2024 (projected)
EBITDA6.2B922.3M1.1B1.0B
Interest Income174.6M172.4M164.4M104.8M

Caihong Display fundamental ratios Correlations

0.30.940.99-0.320.960.850.420.87-0.690.830.530.990.950.990.960.710.850.980.560.95-0.660.990.160.92-0.42
0.30.310.29-0.070.360.420.290.17-0.110.160.530.310.30.220.190.220.30.31-0.050.36-0.130.290.20.280.34
0.940.310.94-0.330.830.90.620.75-0.530.690.460.920.820.940.840.680.640.950.660.98-0.410.890.390.75-0.38
0.990.290.94-0.270.950.860.470.86-0.690.820.520.970.940.990.940.660.810.990.550.96-0.630.980.220.89-0.44
-0.32-0.07-0.33-0.27-0.3-0.21-0.16-0.11-0.25-0.01-0.15-0.39-0.23-0.34-0.37-0.69-0.32-0.26-0.15-0.220.11-0.28-0.07-0.270.19
0.960.360.830.95-0.30.760.280.85-0.730.850.60.960.980.930.950.690.910.930.380.85-0.730.980.020.96-0.35
0.850.420.90.86-0.210.760.680.57-0.470.60.550.830.710.810.680.660.630.890.610.95-0.320.790.450.66-0.09
0.420.290.620.47-0.160.280.680.060.09-0.030.520.350.20.440.180.340.00.50.180.640.360.310.950.080.01
0.870.170.750.86-0.110.850.570.06-0.830.890.30.870.920.880.930.480.80.840.550.74-0.830.91-0.180.9-0.6
-0.69-0.11-0.53-0.69-0.25-0.73-0.470.09-0.83-0.81-0.3-0.68-0.83-0.67-0.73-0.17-0.74-0.68-0.4-0.580.8-0.770.31-0.830.32
0.830.160.690.82-0.010.850.6-0.030.89-0.810.220.830.880.810.880.490.810.80.570.72-0.840.86-0.270.87-0.46
0.530.530.460.52-0.150.60.550.520.3-0.30.220.530.520.460.40.480.550.53-0.160.53-0.150.520.370.50.18
0.990.310.920.97-0.390.960.830.350.87-0.680.830.530.960.970.960.750.880.960.570.92-0.690.980.080.94-0.39
0.950.30.820.94-0.230.980.710.20.92-0.830.880.520.960.930.970.610.910.920.440.83-0.790.99-0.070.98-0.43
0.990.220.940.99-0.340.930.810.440.88-0.670.810.460.970.930.960.670.780.980.550.93-0.630.970.20.88-0.54
0.960.190.840.94-0.370.950.680.180.93-0.730.880.40.960.970.960.680.880.920.520.82-0.80.97-0.080.95-0.56
0.710.220.680.66-0.690.690.660.340.48-0.170.490.480.750.610.670.680.70.70.40.64-0.340.670.110.62-0.29
0.850.30.640.81-0.320.910.630.00.8-0.740.810.550.880.910.780.880.70.80.360.67-0.850.89-0.270.95-0.27
0.980.310.950.99-0.260.930.890.50.84-0.680.80.530.960.920.980.920.70.80.560.96-0.590.970.250.87-0.45
0.56-0.050.660.55-0.150.380.610.180.55-0.40.57-0.160.570.440.550.520.40.360.560.61-0.340.52-0.020.43-0.29
0.950.360.980.96-0.220.850.950.640.74-0.580.720.530.920.830.930.820.640.670.960.61-0.440.90.410.76-0.29
-0.66-0.13-0.41-0.630.11-0.73-0.320.36-0.830.8-0.84-0.15-0.69-0.79-0.63-0.8-0.34-0.85-0.59-0.34-0.44-0.740.55-0.840.43
0.990.290.890.98-0.280.980.790.310.91-0.770.860.520.980.990.970.970.670.890.970.520.9-0.740.040.96-0.45
0.160.20.390.22-0.070.020.450.95-0.180.31-0.270.370.08-0.070.2-0.080.11-0.270.25-0.020.410.550.04-0.20.08
0.920.280.750.89-0.270.960.660.080.9-0.830.870.50.940.980.880.950.620.950.870.430.76-0.840.96-0.2-0.37
-0.420.34-0.38-0.440.19-0.35-0.090.01-0.60.32-0.460.18-0.39-0.43-0.54-0.56-0.29-0.27-0.45-0.29-0.290.43-0.450.08-0.37
Click cells to compare fundamentals

Caihong Display Account Relationship Matchups

Caihong Display fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.8B41.1B43.1B40.8B38.9B40.9B
Other Current Liab782.6M994.7M912.2M120.6M2.5M2.4M
Total Current Liabilities8.9B10.4B11.3B10.7B9.7B10.2B
Total Stockholder Equity20.5B19.7B22.3B19.6B20.3B21.3B
Retained Earnings(3.6B)(4.4B)(1.7B)(4.4B)(4.0B)(3.8B)
Accounts Payable4.6B4.2B4.3B3.6B3.7B3.8B
Cash5.7B6.9B9.4B8.8B4.8B2.8B
Other Assets1.2B1.0B932.2M628.7M723.0M664.9M
Net Receivables2.1B2.0B2.1B1.4B2.2B2.3B
Inventory756.2M566.0M1.4B876.7M889.8M934.3M
Other Current Assets1.1B768.9M374.6M127.2M117.0M111.2M
Total Liab21.1B21.3B20.7B21.0B18.5B19.4B
Intangible Assets2.2B2.1B1.9B1.7B1.8B1.9B
Property Plant Equipment28.5B27.3B26.5B26.7B30.7B32.2B
Other Liab609.7M610.0M579.0M597.5M687.1M378.8M
Long Term Debt11.5B10.3B8.8B9.6B8.2B5.8B
Net Tangible Assets18.2B17.5B20.3B17.8B20.5B15.7B
Short Long Term Debt1.3B1.9B3.1B3.8B2.2B2.0B
Total Current Assets9.6B10.4B13.5B11.5B8.9B9.7B
Non Current Assets Total32.1B30.7B29.7B29.3B30.0B28.9B
Non Currrent Assets Other651.2M607.1M501.6M150.1M538.9M976.0M
Non Current Liabilities Total12.1B10.9B9.4B10.2B8.8B9.3B
Non Current Liabilities Other213.4M215.8M213.3M217.7M120.4M163.6M
Net Invested Capital33.3B31.9B34.2B33.0B30.7B34.5B
Net Working Capital709.8M17.4M2.1B732.2M(802.6M)(762.5M)
Net Debt7.1B5.3B2.5B4.6B5.7B4.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Caihong Stock

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