Anhui Long Term Investments vs Good Will Analysis

601801 Stock   7.29  0.13  1.75%   
Anhui Xinhua financial indicator trend analysis is way more than just evaluating Anhui Xinhua Media prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Xinhua Media is a good investment. Please check the relationship between Anhui Xinhua Long Term Investments and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Xinhua Media. 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.

Long Term Investments vs Good Will

Long Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Xinhua Media Long Term Investments account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Anhui Xinhua's Long Term Investments and Good Will is -0.01. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Anhui Xinhua Media, assuming nothing else is changed. The correlation between historical values of Anhui Xinhua's Long Term Investments and Good Will 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 Investments of Anhui Xinhua Media are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Investments i.e., Anhui Xinhua's Long Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of Anhui Xinhua balance sheet that represents investments Anhui Xinhua Media intends to hold for over a year. Anhui Xinhua Media long term investments may include different instruments such as stocks, bonds, real estate and cash.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Anhui Xinhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Xinhua Media 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 Anhui Xinhua Media. 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 December 22, 2024, Selling General Administrative is expected to decline to about 289.3 M. The current year's Tax Provision is expected to grow to about (109.1 M)
 2021 2022 2023 2024 (projected)
Operating Income728.3M885.7M849.8M533.2M
Total Revenue10.1B11.7B11.2B6.9B

Anhui Xinhua fundamental ratios Correlations

0.380.80.980.970.960.820.480.560.280.940.00.790.210.930.620.880.020.94-0.750.890.940.930.87-0.380.73
0.380.010.460.510.290.02-0.060.270.480.550.30.010.320.45-0.150.240.320.270.030.360.380.220.14-0.080.09
0.80.010.730.730.840.980.460.340.190.75-0.331.00.170.670.910.94-0.30.88-0.940.810.780.920.93-0.260.82
0.980.460.730.980.90.780.410.640.30.910.10.720.220.960.50.860.150.92-0.670.890.930.890.79-0.440.61
0.970.510.730.980.910.750.380.630.370.940.080.710.270.910.490.860.130.89-0.690.880.920.880.8-0.390.62
0.960.290.840.90.910.810.540.460.340.94-0.110.830.190.80.70.84-0.180.89-0.830.830.880.90.91-0.280.83
0.820.020.980.780.750.810.480.380.130.73-0.260.970.140.730.860.96-0.210.91-0.90.830.80.930.9-0.260.75
0.48-0.060.460.410.380.540.48-0.18-0.080.48-0.050.48-0.560.290.570.39-0.490.41-0.560.320.380.450.570.210.62
0.560.270.340.640.630.460.38-0.180.360.430.210.290.370.630.030.470.540.54-0.220.650.640.470.31-0.790.01
0.280.480.190.30.370.340.13-0.080.360.36-0.230.170.370.17-0.020.240.110.19-0.20.330.260.170.2-0.150.07
0.940.550.750.910.940.940.730.480.430.360.030.760.20.830.620.82-0.040.86-0.710.820.870.870.85-0.290.79
0.00.3-0.330.10.08-0.11-0.26-0.050.21-0.230.03-0.33-0.40.07-0.35-0.230.37-0.140.38-0.1-0.04-0.19-0.27-0.17-0.27
0.790.011.00.720.710.830.970.480.290.170.76-0.330.160.650.930.93-0.330.87-0.940.790.760.920.94-0.240.85
0.210.320.170.220.270.190.14-0.560.370.370.2-0.40.160.27-0.070.270.350.21-0.050.20.20.190.09-0.150.04
0.930.450.670.960.910.80.730.290.630.170.830.070.650.270.450.820.220.92-0.580.880.920.880.72-0.50.53
0.62-0.150.910.50.490.70.860.570.03-0.020.62-0.350.93-0.070.450.78-0.540.73-0.90.640.610.80.9-0.10.9
0.880.240.940.860.860.840.960.390.470.240.82-0.230.930.270.820.78-0.070.95-0.870.910.890.960.9-0.340.72
0.020.32-0.30.150.13-0.18-0.21-0.490.540.11-0.040.37-0.330.350.22-0.54-0.07-0.070.470.0-0.01-0.15-0.37-0.49-0.49
0.940.270.880.920.890.890.910.410.540.190.86-0.140.870.210.920.730.95-0.07-0.840.960.970.990.91-0.440.72
-0.750.03-0.94-0.67-0.69-0.83-0.9-0.56-0.22-0.2-0.710.38-0.94-0.05-0.58-0.9-0.870.47-0.84-0.79-0.77-0.88-0.950.15-0.83
0.890.360.810.890.880.830.830.320.650.330.82-0.10.790.20.880.640.910.00.96-0.790.980.930.87-0.510.61
0.940.380.780.930.920.880.80.380.640.260.87-0.040.760.20.920.610.89-0.010.97-0.770.980.940.87-0.490.65
0.930.220.920.890.880.90.930.450.470.170.87-0.190.920.190.880.80.96-0.150.99-0.880.930.940.95-0.390.8
0.870.140.930.790.80.910.90.570.310.20.85-0.270.940.090.720.90.9-0.370.91-0.950.870.870.95-0.240.91
-0.38-0.08-0.26-0.44-0.39-0.28-0.260.21-0.79-0.15-0.29-0.17-0.24-0.15-0.5-0.1-0.34-0.49-0.440.15-0.51-0.49-0.39-0.24-0.02
0.730.090.820.610.620.830.750.620.010.070.79-0.270.850.040.530.90.72-0.490.72-0.830.610.650.80.91-0.02
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Anhui Xinhua Account Relationship Matchups

Anhui Xinhua fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.1B14.7B16.9B17.5B18.9B10.1B
Other Current Liab772.0M926.3M1.2B136.3M78.0M74.1M
Total Current Liabilities3.3B3.7B4.7B5.3B6.0B6.3B
Total Stockholder Equity10.3B10.7B10.9B11.2B11.7B7.1B
Retained Earnings6.0B6.3B6.6B7.0B5.9B3.6B
Accounts Payable2.1B2.2B2.7B2.9B2.9B1.7B
Cash5.8B7.0B7.6B9.1B10.7B11.2B
Other Assets178.8M193.4M373.7M406.6M467.6M242.6M
Net Receivables1.3B691.7M496.0M819.9M975.7M718.8M
Short Term Investments1.4B553.8M678.4M203.1M233.6M323.4M
Inventory1.5B1.5B2.4B1.8B1.7B987.8M
Other Current Assets513.4M614.1M727.8M583.7M206.4M196.0M
Total Liab3.4B3.9B5.9B6.2B7.0B7.3B
Intangible Assets260.1M247.1M248.5M232.8M222.9M237.8M
Property Plant Equipment915.5M986.7M2.0B1.9B2.1B2.3B
Other Liab130.4M152.9M176.3M191.0M219.6M230.6M
Net Tangible Assets10.0B10.3B10.7B10.9B12.6B10.1B
Other Stockholder Equity30.5M(52.7M)(100.1M)(199.6M)(179.7M)(170.7M)
Deferred Long Term Liab131.1M115.6M117.2M112.3M129.1M111.8M
Total Current Assets10.5B10.8B12.2B12.7B13.9B11.5B
Non Current Assets Total3.6B3.7B4.8B4.8B5.0B4.2B
Non Currrent Assets Other4.5M37.0M28.3M21.9M16.2M20.1M
Non Current Liabilities Total152.9M279.2M1.1B903.9M921.4M511.4M
Non Current Liabilities Other18.3M5.8M6.9M6.1M6.1M8.4M
Net Invested Capital10.3B11.0B11.2B11.4B13.1B12.0B
Net Working Capital7.2B7.4B7.4B7.5B7.8B8.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Anhui Stock

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