China Change In Working Capital vs Investments Analysis

601728 Stock

6.47 0.03 0.47%

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

Change In Working Capital vs Investments

Change In Working Capital vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Telecom Corp Change In Working Capital account and Investments. At this time, the significance of the direction appears to have weak relationship.

The correlation between China Telecom's Change In Working Capital and Investments is 0.36. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Investments in the same time period over historical financial statements of China Telecom Corp, assuming nothing else is changed. The correlation between historical values of China Telecom's Change In Working Capital and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of China Telecom Corp are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change In Working Capital i.e., China Telecom's Change In Working Capital and Investments go up and down completely randomly.

Correlation Coefficient

0.36

Relationship Direction	Positive
Relationship Strength	Very Weak

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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.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Most indicators from China Telecom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Telecom Corp 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 Telecom Corp. 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 72.6 B, whereas Tax Provision is forecasted to decline to about 8.2 B.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	408.6B	448.0B	515.2B	263.6B
Total Revenue	439.6B	481.4B	513.6B	307.5B

Other Operating Expenses Total Revenue

China Telecom fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments	Intangible Assets
Common Stock Shares Outstanding		0.72	-0.01	0.79	0.57	0.76	0.65	0.64	-0.41	0.44	0.65	0.78	0.63	0.72	0.8	0.27	0.54	0.03	0.7	0.49	0.64	0.85	-0.29	0.95	0.65	0.12
Total Assets	0.72		0.41	0.58	0.93	0.97	0.99	0.93	-0.01	0.56	0.94	0.5	0.99	0.26	0.54	0.67	0.62	0.12	0.5	0.57	0.97	0.67	0.14	0.66	0.48	0.37
Short Long Term Debt Total	-0.01	0.41		-0.29	0.58	0.22	0.51	0.5	0.85	0.12	0.5	-0.35	0.52	-0.44	-0.31	0.73	0.3	0.58	-0.38	-0.19	0.58	-0.13	0.66	-0.22	0.01	0.77
Other Current Liab	0.79	0.58	-0.29		0.38	0.65	0.52	0.34	-0.72	0.23	0.42	0.96	0.48	0.78	0.98	-0.03	0.53	-0.23	0.93	0.66	0.47	0.96	-0.52	0.87	0.62	-0.11
Total Current Liabilities	0.57	0.93	0.58	0.38		0.84	0.93	0.92	0.21	0.44	0.97	0.31	0.95	0.07	0.36	0.78	0.39	0.22	0.32	0.41	0.97	0.52	0.46	0.48	0.42	0.53
Total Stockholder Equity	0.76	0.97	0.22	0.65	0.84		0.94	0.9	-0.19	0.62	0.88	0.59	0.94	0.36	0.62	0.55	0.6	0.04	0.6	0.63	0.89	0.71	0.0	0.74	0.46	0.21
Property Plant And Equipment Net	0.65	0.99	0.51	0.52	0.93	0.94		0.92	0.1	0.52	0.93	0.42	1.0	0.17	0.47	0.71	0.65	0.14	0.42	0.54	0.98	0.61	0.2	0.57	0.46	0.42
Current Deferred Revenue	0.64	0.93	0.5	0.34	0.92	0.9	0.92		0.16	0.67	0.93	0.3	0.94	0.09	0.34	0.75	0.47	0.31	0.3	0.38	0.92	0.47	0.28	0.53	0.36	0.48
Net Debt	-0.41	-0.01	0.85	-0.72	0.21	-0.19	0.1	0.16		-0.04	0.13	-0.78	0.12	-0.73	-0.75	0.57	-0.03	0.46	-0.78	-0.41	0.17	-0.6	0.73	-0.6	-0.23	0.59
Retained Earnings	0.44	0.56	0.12	0.23	0.44	0.62	0.52	0.67	-0.04		0.42	0.21	0.55	0.22	0.23	0.53	0.35	0.22	0.13	0.39	0.47	0.3	-0.09	0.34	0.28	0.04
Accounts Payable	0.65	0.94	0.5	0.42	0.97	0.88	0.93	0.93	0.13	0.42		0.37	0.94	0.14	0.41	0.71	0.45	0.19	0.39	0.42	0.96	0.55	0.34	0.58	0.39	0.51
Cash	0.78	0.5	-0.35	0.96	0.31	0.59	0.42	0.3	-0.78	0.21	0.37		0.39	0.82	1.0	-0.13	0.41	-0.16	0.95	0.53	0.38	0.95	-0.53	0.87	0.52	-0.14
Non Current Assets Total	0.63	0.99	0.52	0.48	0.95	0.94	1.0	0.94	0.12	0.55	0.94	0.39		0.15	0.44	0.75	0.61	0.18	0.4	0.53	0.99	0.59	0.24	0.55	0.45	0.44
Non Currrent Assets Other	0.72	0.26	-0.44	0.78	0.07	0.36	0.17	0.09	-0.73	0.22	0.14	0.82	0.15		0.81	-0.19	0.28	-0.25	0.69	0.48	0.14	0.79	-0.57	0.73	0.55	-0.33
Cash And Short Term Investments	0.8	0.54	-0.31	0.98	0.36	0.62	0.47	0.34	-0.75	0.23	0.41	1.0	0.44	0.81		-0.07	0.44	-0.16	0.94	0.57	0.43	0.97	-0.51	0.88	0.59	-0.12
Net Receivables	0.27	0.67	0.73	-0.03	0.78	0.55	0.71	0.75	0.57	0.53	0.71	-0.13	0.75	-0.19	-0.07		0.3	0.25	-0.17	0.36	0.75	0.16	0.56	0.08	0.43	0.51
Non Current Liabilities Total	0.54	0.62	0.3	0.53	0.39	0.6	0.65	0.47	-0.03	0.35	0.45	0.41	0.61	0.28	0.44	0.3		0.07	0.32	0.42	0.61	0.5	-0.42	0.48	0.39	0.2
Inventory	0.03	0.12	0.58	-0.23	0.22	0.04	0.14	0.31	0.46	0.22	0.19	-0.16	0.18	-0.25	-0.16	0.25	0.07		-0.18	-0.5	0.21	-0.1	0.26	-0.12	-0.11	0.73
Other Current Assets	0.7	0.5	-0.38	0.93	0.32	0.6	0.42	0.3	-0.78	0.13	0.39	0.95	0.4	0.69	0.94	-0.17	0.32	-0.18		0.55	0.36	0.89	-0.46	0.84	0.4	-0.09
Other Stockholder Equity	0.49	0.57	-0.19	0.66	0.41	0.63	0.54	0.38	-0.41	0.39	0.42	0.53	0.53	0.48	0.57	0.36	0.42	-0.5	0.55		0.47	0.65	-0.26	0.54	0.64	-0.24
Total Liab	0.64	0.97	0.58	0.47	0.97	0.89	0.98	0.92	0.17	0.47	0.96	0.38	0.99	0.14	0.43	0.75	0.61	0.21	0.36	0.47		0.58	0.28	0.54	0.47	0.52
Total Current Assets	0.85	0.67	-0.13	0.96	0.52	0.71	0.61	0.47	-0.6	0.3	0.55	0.95	0.59	0.79	0.97	0.16	0.5	-0.1	0.89	0.65	0.58		-0.37	0.88	0.71	0.02
Short Term Debt	-0.29	0.14	0.66	-0.52	0.46	0.0	0.2	0.28	0.73	-0.09	0.34	-0.53	0.24	-0.57	-0.51	0.56	-0.42	0.26	-0.46	-0.26	0.28	-0.37		-0.4	-0.18	0.46
Common Stock	0.95	0.66	-0.22	0.87	0.48	0.74	0.57	0.53	-0.6	0.34	0.58	0.87	0.55	0.73	0.88	0.08	0.48	-0.12	0.84	0.54	0.54	0.88	-0.4		0.57	-0.03
Short Term Investments	0.65	0.48	0.01	0.62	0.42	0.46	0.46	0.36	-0.23	0.28	0.39	0.52	0.45	0.55	0.59	0.43	0.39	-0.11	0.4	0.64	0.47	0.71	-0.18	0.57		0.04
Intangible Assets	0.12	0.37	0.77	-0.11	0.53	0.21	0.42	0.48	0.59	0.04	0.51	-0.14	0.44	-0.33	-0.12	0.51	0.2	0.73	-0.09	-0.24	0.52	0.02	0.46	-0.03	0.04

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Balance Sheet is a snapshot of the financial position of China Telecom Corp at a specified time, usually calculated after every quarter, six months, or one year. China Telecom Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Telecom 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 Change In Working Capital vs Investments Analysis

Change In Working Capital vs Investments

Change In Working Capital vs Investments Correlation Analysis

Correlation Coefficient

Change In Working Capital

Investments

China Telecom fundamental ratios Correlations

China Telecom Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in China Stock

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Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Non Current Assets Total
Cash And Short Term Investments	+ 0.98	Other Current Liab

Other Current Assets	- 0.78	Net Debt
Cash	- 0.78	Net Debt
Cash And Short Term Investments	- 0.75	Net Debt
Non Currrent Assets Other	- 0.73	Net Debt
Net Debt	- 0.72	Other Current Liab
Common Stock	- 0.6	Net Debt