China Net Income vs Change To Account Receivables Analysis

688425 Stock

4.76 0.01 0.21%

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

Net Income vs Change To Account Receivables

Net Income vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Railway Constr Net Income account and Change To Account Receivables. At this time, the significance of the direction appears to have pay attention.

The correlation between China Railway's Net Income and Change To Account Receivables is -0.83. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of China Railway Construction, assuming nothing else is changed. The correlation between historical values of China Railway's Net Income and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of China Railway Construction are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Net Income i.e., China Railway's Net Income and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.83

Relationship Direction	Negative
Relationship Strength	Significant

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in China Railway Constr financial statement analysis. It represents the amount of money remaining after all of China Railway Construction operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Account Receivables

Most indicators from China Railway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Railway Constr 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 Railway Construction. 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 479 M, whereas Tax Provision is forecasted to decline to about 149.6 M.

	2021	2022	2023	2024 (projected)
Interest Expense	88.5M	63.5M	74.4M	50.8M
Depreciation And Amortization	702.9M	797.1M	916.7M	467.4M

Interest Expense Depreciation And Amortization

China Railway fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab	Net Tangible Assets	Long Term Debt
Total Assets		0.62	-0.7	0.37	0.99	0.96	0.61	0.76	0.92	-0.41	0.96	-0.14	-0.16	0.97	0.94	0.95	-0.76	0.95	0.76	0.94	-0.37	0.95	0.98	-0.97	1.0	0.98
Short Long Term Debt Total	0.62		-0.59	0.8	0.53	0.77	0.87	0.1	0.63	-0.67	0.78	0.16	-0.65	0.53	0.6	0.48	-0.87	0.67	0.9	0.36	0.48	0.45	0.54	-0.76	0.61	0.59
Other Current Liab	-0.7	-0.59		-0.4	-0.68	-0.67	-0.66	-0.7	-0.74	0.53	-0.67	0.18	0.4	-0.63	-0.57	-0.63	0.43	-0.64	-0.59	-0.66	0.03	-0.64	-0.61	0.76	-0.66	-0.63
Total Current Liabilities	0.37	0.8	-0.4		0.24	0.53	0.94	-0.1	0.58	-0.88	0.53	-0.26	-0.88	0.34	0.24	0.29	-0.65	0.51	0.87	0.13	0.51	0.2	0.32	-0.53	0.37	0.32
Total Stockholder Equity	0.99	0.53	-0.68	0.24		0.93	0.51	0.82	0.89	-0.32	0.93	-0.13	-0.05	0.97	0.94	0.96	-0.69	0.92	0.66	0.97	-0.47	0.96	0.98	-0.93	0.99	0.97
Property Plant And Equipment Net	0.96	0.77	-0.67	0.53	0.93		0.73	0.62	0.89	-0.53	1.0	-0.13	-0.27	0.91	0.9	0.87	-0.87	0.94	0.85	0.81	-0.16	0.85	0.94	-0.96	0.96	0.91
Net Debt	0.61	0.87	-0.66	0.94	0.51	0.73		0.22	0.76	-0.89	0.74	-0.29	-0.81	0.59	0.46	0.53	-0.75	0.71	0.94	0.39	0.34	0.44	0.55	-0.74	0.6	0.54
Retained Earnings	0.76	0.1	-0.7	-0.1	0.82	0.62	0.22		0.68	-0.17	0.61	-0.35	0.14	0.78	0.62	0.8	-0.2	0.61	0.24	0.86	-0.66	0.76	0.77	-0.64	0.75	0.69
Accounts Payable	0.92	0.63	-0.74	0.58	0.89	0.89	0.76	0.68		-0.65	0.89	-0.33	-0.42	0.91	0.79	0.91	-0.66	0.9	0.83	0.87	-0.26	0.86	0.92	-0.93	0.93	0.89
Cash	-0.41	-0.67	0.53	-0.88	-0.32	-0.53	-0.89	-0.17	-0.65		-0.52	0.38	0.9	-0.43	-0.16	-0.43	0.44	-0.43	-0.74	-0.23	-0.4	-0.19	-0.41	0.5	-0.43	-0.29
Non Current Assets Total	0.96	0.78	-0.67	0.53	0.93	1.0	0.74	0.61	0.89	-0.52		-0.11	-0.28	0.92	0.91	0.87	-0.88	0.94	0.86	0.81	-0.15	0.85	0.94	-0.97	0.96	0.92
Non Currrent Assets Other	-0.14	0.16	0.18	-0.26	-0.13	-0.13	-0.29	-0.35	-0.33	0.38	-0.11		0.11	-0.21	0.09	-0.16	-0.07	-0.22	-0.14	-0.16	0.37	-0.1	-0.2	0.1	-0.14	-0.02
Cash And Short Term Investments	-0.16	-0.65	0.4	-0.88	-0.05	-0.27	-0.81	0.14	-0.42	0.9	-0.28	0.11		-0.17	0.02	-0.18	0.34	-0.23	-0.65	0.02	-0.64	0.02	-0.1	0.31	-0.16	-0.1
Common Stock Shares Outstanding	0.97	0.53	-0.63	0.34	0.97	0.91	0.59	0.78	0.91	-0.43	0.92	-0.21	-0.17		0.89	0.98	-0.71	0.93	0.71	0.94	-0.44	0.92	0.96	-0.92	0.97	0.94
Non Current Liabilities Total	0.94	0.6	-0.57	0.24	0.94	0.9	0.46	0.62	0.79	-0.16	0.91	0.09	0.02	0.89		0.85	-0.8	0.92	0.69	0.89	-0.37	0.95	0.91	-0.93	0.93	0.98
Inventory	0.95	0.48	-0.63	0.29	0.96	0.87	0.53	0.8	0.91	-0.43	0.87	-0.16	-0.18	0.98	0.85		-0.61	0.87	0.65	0.95	-0.45	0.91	0.96	-0.88	0.96	0.92
Other Current Assets	-0.76	-0.87	0.43	-0.65	-0.69	-0.87	-0.75	-0.2	-0.66	0.44	-0.88	-0.07	0.34	-0.71	-0.8	-0.61		-0.85	-0.89	-0.53	-0.11	-0.65	-0.69	0.84	-0.75	-0.76
Other Stockholder Equity	0.95	0.67	-0.64	0.51	0.92	0.94	0.71	0.61	0.9	-0.43	0.94	-0.22	-0.23	0.93	0.92	0.87	-0.85		0.85	0.86	-0.32	0.92	0.91	-0.97	0.94	0.95
Total Liab	0.76	0.9	-0.59	0.87	0.66	0.85	0.94	0.24	0.83	-0.74	0.86	-0.14	-0.65	0.71	0.69	0.65	-0.89	0.85		0.55	0.19	0.63	0.7	-0.87	0.75	0.73
Total Current Assets	0.94	0.36	-0.66	0.13	0.97	0.81	0.39	0.86	0.87	-0.23	0.81	-0.16	0.02	0.94	0.89	0.95	-0.53	0.86	0.55		-0.6	0.97	0.93	-0.87	0.94	0.94
Short Term Debt	-0.37	0.48	0.03	0.51	-0.47	-0.16	0.34	-0.66	-0.26	-0.4	-0.15	0.37	-0.64	-0.44	-0.37	-0.45	-0.11	-0.32	0.19	-0.6		-0.54	-0.44	0.19	-0.38	-0.4
Intangible Assets	0.95	0.45	-0.64	0.2	0.96	0.85	0.44	0.76	0.86	-0.19	0.85	-0.1	0.02	0.92	0.95	0.91	-0.65	0.92	0.63	0.97	-0.54		0.93	-0.91	0.94	0.98
Common Stock	0.98	0.54	-0.61	0.32	0.98	0.94	0.55	0.77	0.92	-0.41	0.94	-0.2	-0.1	0.96	0.91	0.96	-0.69	0.91	0.7	0.93	-0.44	0.93		-0.92	0.99	0.95
Other Liab	-0.97	-0.76	0.76	-0.53	-0.93	-0.96	-0.74	-0.64	-0.93	0.5	-0.97	0.1	0.31	-0.92	-0.93	-0.88	0.84	-0.97	-0.87	-0.87	0.19	-0.91	-0.92		-0.96	-0.96
Net Tangible Assets	1.0	0.61	-0.66	0.37	0.99	0.96	0.6	0.75	0.93	-0.43	0.96	-0.14	-0.16	0.97	0.93	0.96	-0.75	0.94	0.75	0.94	-0.38	0.94	0.99	-0.96		0.97
Long Term Debt	0.98	0.59	-0.63	0.32	0.97	0.91	0.54	0.69	0.89	-0.29	0.92	-0.02	-0.1	0.94	0.98	0.92	-0.76	0.95	0.73	0.94	-0.4	0.98	0.95	-0.96	0.97

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China Railway Account Relationship Matchups

China Railway fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.2B	17.1B	22.7B	23.8B	25.4B	21.3B
Short Long Term Debt Total	967.4M	2.2B	1.3B	1.3B	1.5B	1.2B
Other Current Liab	1.9B	1.1B	1.3B	1.2B	1.1B	1.1B
Total Current Liabilities	7.4B	8.1B	7.1B	7.0B	7.8B	7.9B
Total Stockholder Equity	7.1B	8.3B	14.2B	15.5B	16.5B	12.4B
Property Plant And Equipment Net	3.3B	4.3B	5.5B	5.6B	7.3B	4.9B
Net Debt	(1.4B)	859.6M	(1.3B)	(883.4M)	666.7M	700.0M
Retained Earnings	1.5B	2.5B	4.1B	5.3B	6.1B	4.4B
Accounts Payable	4.7B	5.1B	5.6B	5.6B	6.1B	5.8B
Cash	2.4B	1.3B	2.6B	2.2B	1.1B	1.7B
Non Current Assets Total	5.5B	6.9B	8.3B	8.7B	10.5B	7.7B
Non Currrent Assets Other	1.3B	1.8B	1.8B	2.0B	41.4M	39.4M
Cash And Short Term Investments	2.4B	1.3B	2.6B	2.2B	1.9B	1.8B
Common Stock Shares Outstanding	3.9B	3.8B	4.6B	5.3B	5.3B	4.8B
Liabilities And Stockholders Equity	15.2B	17.1B	22.7B	23.8B	27.4B	20.2B
Non Current Liabilities Total	629.3M	637.9M	1.4B	1.3B	1.1B	980.5M
Inventory	2.1B	2.3B	3.5B	4.5B	4.6B	3.4B
Other Current Assets	47.2M	9.1M	25.5M	46.9M	42.8M	40.7M
Other Stockholder Equity	1.7B	1.9B	4.7B	4.9B	5.6B	5.9B
Total Liab	8.0B	8.8B	8.5B	8.3B	8.9B	8.9B
Total Current Assets	9.7B	10.1B	14.3B	15.1B	14.9B	13.6B
Short Term Debt	762.5M	1.9B	185.8M	172.0M	154.8M	147.1M
Intangible Assets	732.8M	746.2M	990.8M	969.9M	949.1M	934.8M

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Balance Sheet is a snapshot of the financial position of China Railway Constr at a specified time, usually calculated after every quarter, six months, or one year. China Railway Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Railway 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 Net Income vs Change To Account Receivables Analysis

Net Income vs Change To Account Receivables

Net Income vs Change To Account Receivables Correlation Analysis

Correlation Coefficient

Net Income

Change To Account Receivables

China Railway fundamental ratios Correlations

China Railway Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Railway fundamental ratios Accounts

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Other Information on Investing in China Stock

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Net Tangible Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Common Stock
Common Stock	+ 0.98	Total Assets

Other Liab	- 0.97	Other Stockholder Equity
Other Liab	- 0.97	Non Current Assets Total
Other Liab	- 0.97	Total Assets
Long Term Debt	- 0.96	Other Liab
Net Tangible Assets	- 0.96	Other Liab
Other Liab	- 0.96	Property Plant And Equipment Net