Guangdong Total Stockholder Equity vs Total Assets Analysis

603797 Stock   4.30  0.16  3.86%   
Guangdong Liantai financial indicator trend analysis is much more than just examining Guangdong Liantai latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Liantai is a good investment. Please check the relationship between Guangdong Liantai Total Stockholder Equity and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Liantai Environmental. 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.

Total Stockholder Equity vs Total Assets

Total Stockholder Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Liantai Total Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Guangdong Liantai's Total Stockholder Equity and Total Assets is 0.98. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of Guangdong Liantai Environmental, assuming nothing else is changed. The correlation between historical values of Guangdong Liantai's Total Stockholder Equity and Total 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 Total Stockholder Equity of Guangdong Liantai Environmental are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Stockholder Equity i.e., Guangdong Liantai's Total Stockholder Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Assets

Total assets refers to the total amount of Guangdong Liantai assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Guangdong Liantai books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Guangdong Liantai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Liantai 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 Guangdong Liantai Environmental. 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 Tax Provision is expected to grow to about 41.2 M, whereas Selling General Administrative is forecasted to decline to about 14.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit545.1M639.7M671.8M410.3M
Total Revenue785.0M981.6M1.4B1.4B

Guangdong Liantai fundamental ratios Correlations

0.740.950.980.78-0.340.980.910.891.00.730.931.00.71.00.90.951.00.470.380.980.160.890.99-0.20.99
0.740.670.710.36-0.510.660.750.890.740.920.660.750.290.750.470.830.730.52-0.060.7-0.130.770.72-0.270.69
0.950.670.890.88-0.120.90.960.80.960.570.860.940.610.940.830.920.970.650.380.880.380.740.930.060.94
0.980.710.890.68-0.420.990.820.870.970.760.950.980.750.980.940.910.970.330.391.00.00.940.99-0.360.98
0.780.360.880.680.10.710.870.570.80.260.690.760.490.780.690.740.810.530.360.670.710.490.750.270.78
-0.34-0.51-0.12-0.420.1-0.43-0.06-0.36-0.31-0.58-0.45-0.37-0.49-0.36-0.33-0.29-0.310.23-0.36-0.460.64-0.69-0.360.84-0.38
0.980.660.90.990.71-0.430.80.810.960.70.940.970.780.970.940.890.970.350.50.990.030.930.99-0.330.98
0.910.750.960.820.87-0.060.80.860.920.630.790.890.450.90.70.940.920.710.140.80.450.670.870.140.87
0.890.890.80.870.57-0.360.810.860.890.890.820.90.460.90.690.920.880.460.020.850.040.830.86-0.220.85
1.00.740.960.970.8-0.310.960.920.890.710.931.00.681.00.890.951.00.50.370.960.20.880.99-0.160.99
0.730.920.570.760.26-0.580.70.630.890.710.70.750.380.740.520.820.70.3-0.120.76-0.30.830.74-0.480.68
0.930.660.860.950.69-0.450.940.790.820.930.70.930.870.930.910.860.920.330.370.930.020.880.92-0.40.94
1.00.750.940.980.76-0.370.970.890.91.00.750.930.691.00.90.951.00.450.380.980.130.910.99-0.220.99
0.70.290.610.750.49-0.490.780.450.460.680.380.870.690.690.830.550.680.090.60.76-0.140.710.7-0.520.76
1.00.750.940.980.78-0.360.970.90.91.00.740.931.00.690.90.951.00.460.390.980.150.90.99-0.210.99
0.90.470.830.940.69-0.330.940.70.690.890.520.910.90.830.90.740.890.160.550.920.040.850.91-0.360.92
0.950.830.920.910.74-0.290.890.940.920.950.820.860.950.550.950.740.950.610.160.910.20.820.94-0.10.92
1.00.730.970.970.81-0.310.970.920.881.00.70.921.00.681.00.890.950.510.390.960.210.870.98-0.150.99
0.470.520.650.330.530.230.350.710.460.50.30.330.450.090.460.160.610.510.00.340.450.170.430.550.44
0.38-0.060.380.390.36-0.360.50.140.020.37-0.120.370.380.60.390.550.160.390.00.44-0.010.430.4-0.180.48
0.980.70.881.00.67-0.460.990.80.850.960.760.930.980.760.980.920.910.960.340.44-0.010.950.99-0.360.98
0.16-0.130.380.00.710.640.030.450.040.2-0.30.020.13-0.140.150.040.20.210.45-0.01-0.01-0.230.10.790.14
0.890.770.740.940.49-0.690.930.670.830.880.830.880.910.710.90.850.820.870.170.430.95-0.230.91-0.570.9
0.990.720.930.990.75-0.360.990.870.860.990.740.920.990.70.990.910.940.980.430.40.990.10.91-0.240.98
-0.2-0.270.06-0.360.270.84-0.330.14-0.22-0.16-0.48-0.4-0.22-0.52-0.21-0.36-0.1-0.150.55-0.18-0.360.79-0.57-0.24-0.23
0.990.690.940.980.78-0.380.980.870.850.990.680.940.990.760.990.920.920.990.440.480.980.140.90.98-0.23
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Guangdong Liantai Account Relationship Matchups

Guangdong Liantai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.4B8.0B9.8B10.1B10.3B7.2B
Other Current Liab11.8M36.9M81.4M44.9M25.5M32.4M
Total Current Liabilities1.1B2.0B1.5B1.7B1.7B1.3B
Total Stockholder Equity1.4B1.6B2.7B2.8B3.0B2.0B
Other Liab207.2M242.9M132.1M170.6M196.2M160.6M
Net Tangible Assets9.8M215.4M(1.0B)(964.3M)(867.9M)(824.5M)
Retained Earnings503.8M689.6M934.2M1.1B1.3B748.3M
Accounts Payable667.1M1.3B1.1B823.7M729.5M692.1M
Cash287.7M406.5M893.2M567.8M395.8M425.7M
Non Current Assets Total4.9B7.2B8.2B8.5B8.4B6.2B
Non Currrent Assets Other11.4M30.8M667.7M201.5M237.6M162.9M
Other Assets2.1B2.2B4.4B4.6B5.3B5.6B
Long Term Debt2.6B3.9B5.1B5.2B5.2B3.6B
Net Receivables131.9M78.7M196.4M742.1M1.2B1.2B
Non Current Liabilities Total2.8B4.1B5.3B5.4B5.4B3.8B
Inventory5.5M4.9M5.4M7.8M7.6M6.0M
Other Current Assets100.3M250.2M354.7M181.5M269.3M168.0M
Total Liab3.8B6.1B6.8B7.1B7.1B5.1B
Deferred Long Term Liab535.8K3.4M2.0M1.1M1.2M1.6M
Short Long Term Debt100M250M12M432M420.5M233.0M
Total Current Assets525.5M818.9M1.5B1.6B1.9B989.3M
Non Current Liabilities Other186.1M213.6M58.3M74.4M86.7M88.3M
Intangible Assets1.4B1.4B3.7B3.8B3.7B2.4B
Common Stock318.8M449.8M584.1M584.1M671.7M396.5M
Property Plant Equipment1.3B3.5B20.5M17.4M15.6M14.9M
Net Debt2.4B3.7B4.3B5.1B5.2B3.7B
Common Stock Shares Outstanding446.3M449.8M584.1M584.1M584.1M547.6M
Net Invested Capital4.1B5.8B7.9B8.5B8.7B6.3B
Net Working Capital(533.5M)(1.2B)47.3M(142.2M)241.3M253.4M
Capital Stock318.8M449.8M584.1M584.1M584.1M501.3M

Currently Active Assets on Macroaxis

Other Information on Investing in Guangdong Stock

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