China Good Will vs Accounts Payable Analysis

601949 Stock

8.26 0.09 1.10%

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

Good Will vs Accounts Payable

Good Will vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Publishing Media Good Will account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between China Publishing's Good Will and Accounts Payable is 0.42. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of China Publishing Media, assuming nothing else is changed. The correlation between historical values of China Publishing's Good Will and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of China Publishing Media are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Good Will i.e., China Publishing's Good Will and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.42

Relationship Direction	Positive
Relationship Strength	Weak

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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.

Accounts Payable

An accounting item on the balance sheet that represents China Publishing obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of China Publishing Media are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from China Publishing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Publishing 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 China Publishing 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 nation.

As of December 2, 2024, Selling General Administrative is expected to decline to about 636.8 M. The current year's Tax Provision is expected to grow to about (93.3 M)

	2021	2022	2023	2024 (projected)
Operating Income	911.0M	722.7M	769.5M	643.3M
Total Revenue	6.3B	6.1B	6.3B	5.4B

Operating Income Total Revenue

China Publishing fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt
Total Assets		-0.31	0.97	1.0	0.83	0.99	0.86	0.33	0.93	0.54	0.77	0.51	0.73	0.91	0.33	0.98	0.87	0.96	0.73	0.96	-0.91	0.82	0.78	-0.78	0.6	-0.88
Other Current Liab	-0.31		-0.32	-0.36	-0.19	-0.34	-0.54	-0.08	-0.45	0.29	-0.09	0.45	-0.12	-0.14	-0.09	-0.23	-0.44	-0.37	-0.07	-0.44	0.41	-0.24	-0.56	0.09	0.23	0.34
Total Current Liabilities	0.97	-0.32		0.97	0.71	0.97	0.84	0.17	0.91	0.48	0.8	0.46	0.79	0.84	0.35	0.98	0.91	0.88	0.67	0.93	-0.85	0.84	0.84	-0.81	0.51	-0.87
Total Stockholder Equity	1.0	-0.36	0.97		0.82	1.0	0.86	0.33	0.92	0.49	0.74	0.45	0.72	0.88	0.32	0.96	0.88	0.97	0.71	0.97	-0.91	0.82	0.81	-0.74	0.55	-0.87
Other Liab	0.83	-0.19	0.71	0.82		0.79	0.66	0.71	0.78	0.56	0.63	0.48	0.36	0.89	0.15	0.79	0.67	0.91	0.74	0.75	-0.84	0.55	0.46	-0.55	0.66	-0.74
Retained Earnings	0.99	-0.34	0.97	1.0	0.79		0.85	0.28	0.91	0.48	0.75	0.45	0.74	0.86	0.32	0.96	0.89	0.94	0.72	0.96	-0.89	0.83	0.82	-0.76	0.53	-0.87
Accounts Payable	0.86	-0.54	0.84	0.86	0.66	0.85		0.26	0.84	0.52	0.7	0.42	0.64	0.81	0.33	0.85	0.69	0.83	0.5	0.86	-0.89	0.69	0.67	-0.7	0.57	-0.8
Cash	0.33	-0.08	0.17	0.33	0.71	0.28	0.26		0.22	0.24	0.3	0.18	-0.34	0.44	-0.11	0.25	0.21	0.49	0.59	0.21	-0.41	-0.1	-0.09	0.02	0.33	-0.16
Other Assets	0.93	-0.45	0.91	0.92	0.78	0.91	0.84	0.22		0.52	0.69	0.44	0.76	0.86	0.16	0.93	0.8	0.91	0.53	0.95	-0.9	0.86	0.82	-0.85	0.55	-0.94
Long Term Debt	0.54	0.29	0.48	0.49	0.56	0.48	0.52	0.24	0.52		0.51	0.91	0.47	0.77	0.14	0.63	0.22	0.49	0.26	0.49	-0.56	0.53	0.15	-0.76	0.97	-0.66
Net Receivables	0.77	-0.09	0.8	0.74	0.63	0.75	0.7	0.3	0.69	0.51		0.51	0.57	0.78	0.31	0.82	0.63	0.68	0.59	0.66	-0.73	0.51	0.45	-0.61	0.54	-0.65
Good Will	0.51	0.45	0.46	0.45	0.48	0.45	0.42	0.18	0.44	0.91	0.51		0.49	0.71	0.06	0.6	0.17	0.42	0.38	0.41	-0.52	0.48	0.08	-0.72	0.89	-0.48
Short Term Investments	0.73	-0.12	0.79	0.72	0.36	0.74	0.64	-0.34	0.76	0.47	0.57	0.49		0.64	0.36	0.78	0.58	0.6	0.27	0.77	-0.64	0.83	0.7	-0.81	0.46	-0.74
Inventory	0.91	-0.14	0.84	0.88	0.89	0.86	0.81	0.44	0.86	0.77	0.78	0.71	0.64		0.34	0.93	0.68	0.89	0.66	0.84	-0.94	0.69	0.52	-0.77	0.83	-0.87
Other Current Assets	0.33	-0.09	0.35	0.32	0.15	0.32	0.33	-0.11	0.16	0.14	0.31	0.06	0.36	0.34		0.34	0.4	0.25	0.18	0.29	-0.33	0.09	0.15	-0.04	0.25	-0.33
Total Liab	0.98	-0.23	0.98	0.96	0.79	0.96	0.85	0.25	0.93	0.63	0.82	0.6	0.78	0.93	0.34		0.85	0.9	0.68	0.92	-0.89	0.83	0.74	-0.86	0.66	-0.91
Intangible Assets	0.87	-0.44	0.91	0.88	0.67	0.89	0.69	0.21	0.8	0.22	0.63	0.17	0.58	0.68	0.4	0.85		0.81	0.65	0.84	-0.7	0.73	0.86	-0.59	0.27	-0.77
Common Stock	0.96	-0.37	0.88	0.97	0.91	0.94	0.83	0.49	0.91	0.49	0.68	0.42	0.6	0.89	0.25	0.9	0.81		0.69	0.94	-0.92	0.75	0.72	-0.67	0.59	-0.84
Property Plant Equipment	0.73	-0.07	0.67	0.71	0.74	0.72	0.5	0.59	0.53	0.26	0.59	0.38	0.27	0.66	0.18	0.68	0.65	0.69		0.54	-0.66	0.33	0.37	-0.36	0.32	-0.45
Net Tangible Assets	0.96	-0.44	0.93	0.97	0.75	0.96	0.86	0.21	0.95	0.49	0.66	0.41	0.77	0.84	0.29	0.92	0.84	0.94	0.54		-0.89	0.88	0.86	-0.79	0.54	-0.91
Other Stockholder Equity	-0.91	0.41	-0.85	-0.91	-0.84	-0.89	-0.89	-0.41	-0.9	-0.56	-0.73	-0.52	-0.64	-0.94	-0.33	-0.89	-0.7	-0.92	-0.66	-0.89		-0.66	-0.61	0.69	-0.66	0.83
Deferred Long Term Liab	0.82	-0.24	0.84	0.82	0.55	0.83	0.69	-0.1	0.86	0.53	0.51	0.48	0.83	0.69	0.09	0.83	0.73	0.75	0.33	0.88	-0.66		0.88	-0.88	0.51	-0.85
Non Current Assets Total	0.78	-0.56	0.84	0.81	0.46	0.82	0.67	-0.09	0.82	0.15	0.45	0.08	0.7	0.52	0.15	0.74	0.86	0.72	0.37	0.86	-0.61	0.88		-0.67	0.15	-0.76
Non Currrent Assets Other	-0.78	0.09	-0.81	-0.74	-0.55	-0.76	-0.7	0.02	-0.85	-0.76	-0.61	-0.72	-0.81	-0.77	-0.04	-0.86	-0.59	-0.67	-0.36	-0.79	0.69	-0.88	-0.67		-0.69	0.85
Non Current Liabilities Total	0.6	0.23	0.51	0.55	0.66	0.53	0.57	0.33	0.55	0.97	0.54	0.89	0.46	0.83	0.25	0.66	0.27	0.59	0.32	0.54	-0.66	0.51	0.15	-0.69		-0.66
Short Long Term Debt	-0.88	0.34	-0.87	-0.87	-0.74	-0.87	-0.8	-0.16	-0.94	-0.66	-0.65	-0.48	-0.74	-0.87	-0.33	-0.91	-0.77	-0.84	-0.45	-0.91	0.83	-0.85	-0.76	0.85	-0.66

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China Publishing Account Relationship Matchups

China Publishing fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.2B	13.8B	14.5B	14.9B	15.6B	12.0B
Other Current Liab	1.4B	1.6B	1.5B	110.0M	126.9M	120.6M
Total Current Liabilities	3.7B	3.9B	4.1B	4.5B	4.2B	3.6B
Total Stockholder Equity	6.7B	7.2B	7.7B	8.2B	9.3B	6.1B
Other Liab	1.3B	1.3B	1.2B	1.1B	1.3B	1.2B
Retained Earnings	3.8B	4.3B	4.9B	5.1B	5.8B	3.4B
Accounts Payable	2.0B	1.9B	2.0B	2.2B	2.1B	1.7B
Cash	5.1B	1.7B	1.5B	1.2B	4.3B	3.3B
Other Assets	560.6M	838.9M	980.2M	938.0M	1.1B	1.1B
Long Term Debt	519.7M	372.2M	309.6M	16M	52M	49.4M
Net Receivables	894.8M	784.8M	851.2M	864.3M	706.1M	786.7M
Good Will	186.0M	175.1M	138.5M	14.8M	9.1M	8.6M
Inventory	3.1B	2.9B	2.7B	2.5B	2.4B	2.5B
Other Current Assets	283.8M	266.4M	625.7M	1.0B	113.4M	107.7M
Total Liab	5.5B	5.5B	5.6B	5.7B	5.3B	5.0B
Intangible Assets	736.9M	734.0M	719.0M	1.0B	903.4M	778.6M
Property Plant Equipment	1.4B	1.4B	1.3B	1.4B	1.6B	1.4B
Net Tangible Assets	5.4B	5.8B	6.3B	6.9B	8.0B	5.7B
Other Stockholder Equity	(113.8M)	(122.7M)	(113.7M)	(107.5M)	(96.8M)	(91.9M)
Deferred Long Term Liab	58.7M	81.4M	119.0M	96.3M	110.7M	79.4M
Non Current Assets Total	3.2B	4.5B	4.2B	5.8B	6.2B	4.4B
Non Currrent Assets Other	258.9M	201.2M	202.0M	1.3B	1.3B	1.1B
Non Current Liabilities Total	1.8B	1.6B	1.5B	1.1B	1.2B	1.1B
Short Long Term Debt	252.7M	30M	8M	5M	4.5M	4.3M
Total Current Assets	10.1B	9.3B	10.3B	9.1B	9.5B	9.9B
Non Current Liabilities Other	4.1M	4.8M	5.2M	5.6M	5.6M	5.1M
Net Invested Capital	7.2B	7.6B	8.1B	8.2B	9.3B	8.3B
Net Working Capital	6.3B	5.4B	6.2B	4.6B	5.3B	4.5B

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Balance Sheet is a snapshot of the financial position of China Publishing Media at a specified time, usually calculated after every quarter, six months, or one year. China Publishing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Publishing 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 Good Will vs Accounts Payable Analysis

Good Will vs Accounts Payable

Good Will vs Accounts Payable Correlation Analysis

Correlation Coefficient

Good Will

Accounts Payable

China Publishing fundamental ratios Correlations

China Publishing Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Publishing fundamental ratios Accounts

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Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 0.99	Total Assets
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities
Total Current Liabilities	+ 0.97	Total Assets

Other Stockholder Equity	- 0.94	Inventory
Short Long Term Debt	- 0.94	Other Assets
Other Stockholder Equity	- 0.92	Common Stock
Short Long Term Debt	- 0.91	Net Tangible Assets
Short Long Term Debt	- 0.91	Total Liab
Other Stockholder Equity	- 0.91	Total Stockholder Equity