China Other Assets vs Other Current Assets 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 Other Assets and its Other Current Assets 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.

Other Assets vs Other Current Assets

Other Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Publishing Media Other Assets account and Other Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between China Publishing's Other Assets and Other Current Assets is 0.16. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Current Assets 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 Other Assets and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of China Publishing Media are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Assets i.e., China Publishing's Other Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Assets

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 Income911.0M722.7M769.5M643.3M
Total Revenue6.3B6.1B6.3B5.4B

China Publishing fundamental ratios Correlations

-0.310.971.00.830.990.860.330.930.540.770.510.730.910.330.980.870.960.730.96-0.910.820.78-0.780.6-0.88
-0.31-0.32-0.36-0.19-0.34-0.54-0.08-0.450.29-0.090.45-0.12-0.14-0.09-0.23-0.44-0.37-0.07-0.440.41-0.24-0.560.090.230.34
0.97-0.320.970.710.970.840.170.910.480.80.460.790.840.350.980.910.880.670.93-0.850.840.84-0.810.51-0.87
1.0-0.360.970.821.00.860.330.920.490.740.450.720.880.320.960.880.970.710.97-0.910.820.81-0.740.55-0.87
0.83-0.190.710.820.790.660.710.780.560.630.480.360.890.150.790.670.910.740.75-0.840.550.46-0.550.66-0.74
0.99-0.340.971.00.790.850.280.910.480.750.450.740.860.320.960.890.940.720.96-0.890.830.82-0.760.53-0.87
0.86-0.540.840.860.660.850.260.840.520.70.420.640.810.330.850.690.830.50.86-0.890.690.67-0.70.57-0.8
0.33-0.080.170.330.710.280.260.220.240.30.18-0.340.44-0.110.250.210.490.590.21-0.41-0.1-0.090.020.33-0.16
0.93-0.450.910.920.780.910.840.220.520.690.440.760.860.160.930.80.910.530.95-0.90.860.82-0.850.55-0.94
0.540.290.480.490.560.480.520.240.520.510.910.470.770.140.630.220.490.260.49-0.560.530.15-0.760.97-0.66
0.77-0.090.80.740.630.750.70.30.690.510.510.570.780.310.820.630.680.590.66-0.730.510.45-0.610.54-0.65
0.510.450.460.450.480.450.420.180.440.910.510.490.710.060.60.170.420.380.41-0.520.480.08-0.720.89-0.48
0.73-0.120.790.720.360.740.64-0.340.760.470.570.490.640.360.780.580.60.270.77-0.640.830.7-0.810.46-0.74
0.91-0.140.840.880.890.860.810.440.860.770.780.710.640.340.930.680.890.660.84-0.940.690.52-0.770.83-0.87
0.33-0.090.350.320.150.320.33-0.110.160.140.310.060.360.340.340.40.250.180.29-0.330.090.15-0.040.25-0.33
0.98-0.230.980.960.790.960.850.250.930.630.820.60.780.930.340.850.90.680.92-0.890.830.74-0.860.66-0.91
0.87-0.440.910.880.670.890.690.210.80.220.630.170.580.680.40.850.810.650.84-0.70.730.86-0.590.27-0.77
0.96-0.370.880.970.910.940.830.490.910.490.680.420.60.890.250.90.810.690.94-0.920.750.72-0.670.59-0.84
0.73-0.070.670.710.740.720.50.590.530.260.590.380.270.660.180.680.650.690.54-0.660.330.37-0.360.32-0.45
0.96-0.440.930.970.750.960.860.210.950.490.660.410.770.840.290.920.840.940.54-0.890.880.86-0.790.54-0.91
-0.910.41-0.85-0.91-0.84-0.89-0.89-0.41-0.9-0.56-0.73-0.52-0.64-0.94-0.33-0.89-0.7-0.92-0.66-0.89-0.66-0.610.69-0.660.83
0.82-0.240.840.820.550.830.69-0.10.860.530.510.480.830.690.090.830.730.750.330.88-0.660.88-0.880.51-0.85
0.78-0.560.840.810.460.820.67-0.090.820.150.450.080.70.520.150.740.860.720.370.86-0.610.88-0.670.15-0.76
-0.780.09-0.81-0.74-0.55-0.76-0.70.02-0.85-0.76-0.61-0.72-0.81-0.77-0.04-0.86-0.59-0.67-0.36-0.790.69-0.88-0.67-0.690.85
0.60.230.510.550.660.530.570.330.550.970.540.890.460.830.250.660.270.590.320.54-0.660.510.15-0.69-0.66
-0.880.34-0.87-0.87-0.74-0.87-0.8-0.16-0.94-0.66-0.65-0.48-0.74-0.87-0.33-0.91-0.77-0.84-0.45-0.910.83-0.85-0.760.85-0.66
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China Publishing Account Relationship Matchups

China Publishing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.2B13.8B14.5B14.9B15.6B12.0B
Other Current Liab1.4B1.6B1.5B110.0M126.9M120.6M
Total Current Liabilities3.7B3.9B4.1B4.5B4.2B3.6B
Total Stockholder Equity6.7B7.2B7.7B8.2B9.3B6.1B
Other Liab1.3B1.3B1.2B1.1B1.3B1.2B
Retained Earnings3.8B4.3B4.9B5.1B5.8B3.4B
Accounts Payable2.0B1.9B2.0B2.2B2.1B1.7B
Cash5.1B1.7B1.5B1.2B4.3B3.3B
Other Assets560.6M838.9M980.2M938.0M1.1B1.1B
Long Term Debt519.7M372.2M309.6M16M52M49.4M
Net Receivables894.8M784.8M851.2M864.3M706.1M786.7M
Good Will186.0M175.1M138.5M14.8M9.1M8.6M
Inventory3.1B2.9B2.7B2.5B2.4B2.5B
Other Current Assets283.8M266.4M625.7M1.0B113.4M107.7M
Total Liab5.5B5.5B5.6B5.7B5.3B5.0B
Intangible Assets736.9M734.0M719.0M1.0B903.4M778.6M
Property Plant Equipment1.4B1.4B1.3B1.4B1.6B1.4B
Net Tangible Assets5.4B5.8B6.3B6.9B8.0B5.7B
Other Stockholder Equity(113.8M)(122.7M)(113.7M)(107.5M)(96.8M)(91.9M)
Deferred Long Term Liab58.7M81.4M119.0M96.3M110.7M79.4M
Non Current Assets Total3.2B4.5B4.2B5.8B6.2B4.4B
Non Currrent Assets Other258.9M201.2M202.0M1.3B1.3B1.1B
Non Current Liabilities Total1.8B1.6B1.5B1.1B1.2B1.1B
Short Long Term Debt252.7M30M8M5M4.5M4.3M
Total Current Assets10.1B9.3B10.3B9.1B9.5B9.9B
Non Current Liabilities Other4.1M4.8M5.2M5.6M5.6M5.1M
Net Invested Capital7.2B7.6B8.1B8.2B9.3B8.3B
Net Working Capital6.3B5.4B6.2B4.6B5.3B4.5B

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

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.