China Total Current Assets vs Total Current Liabilities Analysis
CYD Stock | USD 9.02 0.04 0.44% |
China Yuchai financial indicator trend analysis is way more than just evaluating China Yuchai Interna prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Yuchai Interna is a good investment. Please check the relationship between China Yuchai Total Current Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Yuchai International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Total Current Assets vs Total Current Liabilities
Total Current Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Yuchai Interna Total Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between China Yuchai's Total Current Assets and Total Current Liabilities is 0.97. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of China Yuchai International, assuming nothing else is changed. The correlation between historical values of China Yuchai's Total Current Assets and Total Current Liabilities 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 Current Assets of China Yuchai International are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Current Assets i.e., China Yuchai's Total Current Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Total Current Liabilities
Total Current Liabilities is an item on China Yuchai balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of China Yuchai International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from China Yuchai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Yuchai Interna 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 Yuchai International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. As of December 13, 2024, Selling General Administrative is expected to decline to about 1.3 B. In addition to that, Tax Provision is expected to decline to about 120.4 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.8B | 2.5B | 2.9B | 2.6B | Total Revenue | 21.3B | 16.0B | 18.0B | 11.4B |
China Yuchai fundamental ratios Correlations
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China Yuchai Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Yuchai fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 23.9B | 26.3B | 24.9B | 24.1B | 25.8B | 14.1B | |
Short Long Term Debt Total | 2.1B | 2.2B | 2.2B | 2.4B | 2.6B | 1.6B | |
Other Current Liab | 5.3B | 7.6B | 6.2B | 4.4B | 5.7B | 6.0B | |
Total Current Liabilities | 11.2B | 13.1B | 12.4B | 11.2B | 12.1B | 6.6B | |
Total Stockholder Equity | 8.8B | 9.0B | 8.9B | 9.0B | 9.2B | 5.4B | |
Property Plant And Equipment Net | 4.6B | 4.6B | 4.5B | 4.3B | 3.9B | 3.1B | |
Net Debt | (3.7B) | (3.6B) | (2.6B) | (2.1B) | (3.4B) | (3.3B) | |
Retained Earnings | 6.8B | 7.1B | 6.9B | 7.0B | 7.2B | 7.6B | |
Accounts Payable | 3.4B | 3.6B | 4.1B | 4.6B | 4.4B | 3.0B | |
Cash | 5.8B | 5.9B | 4.8B | 4.5B | 6.0B | 6.3B | |
Non Current Assets Total | 6.5B | 7.0B | 7.1B | 7.0B | 6.6B | 4.4B | |
Non Currrent Assets Other | 705.6M | 1.2B | 1.1B | 1.3B | 1.0B | 1.1B | |
Cash And Short Term Investments | 6.1B | 6.1B | 5.1B | 4.8B | 6.0B | 6.3B | |
Net Receivables | 7.8B | 8.1B | 6.9B | 6.8B | 7.9B | 4.6B | |
Liabilities And Stockholders Equity | 23.9B | 26.3B | 24.9B | 24.1B | 25.8B | 14.5B | |
Inventory | 2.8B | 4.5B | 5.2B | 4.9B | 4.7B | 4.9B | |
Other Current Assets | 614.3M | 541.2M | 575.4M | 554.6M | 623.7M | 362.0M | |
Total Liab | 12.3B | 14.5B | 13.3B | 12.3B | 13.6B | 7.5B | |
Property Plant And Equipment Gross | 4.6B | 4.6B | 9.9B | 10.1B | 10.1B | 10.6B | |
Total Current Assets | 17.4B | 19.3B | 17.8B | 17.1B | 19.2B | 10.0B | |
Accumulated Other Comprehensive Income | (74.7M) | (130.7M) | (110.1M) | (69.2M) | (56.9M) | (59.7M) | |
Short Term Debt | 2.1B | 1.8B | 2.1B | 2.2B | 1.9B | 1.3B | |
Intangible Assets | 178.9M | 177.9M | 553.7M | 609.9M | 1.3B | 1.3B | |
Non Current Liabilities Total | 1.1B | 1.4B | 848.5M | 1.1B | 1.5B | 853.4M | |
Current Deferred Revenue | 383.2M | 868.5M | 573.6M | 618.0M | 639.5M | 369.0M | |
Other Assets | 1.1B | 1.6B | 1.5B | 20.0B | 23.0B | 24.1B | |
Long Term Debt | 0.0 | 500M | 100M | 200M | 690M | 724.5M | |
Short Term Investments | 365.8M | 265.0M | 357.9M | 351.6M | 467.1M | 259.1M | |
Property Plant Equipment | 3.8B | 4.6B | 4.6B | 4.5B | 5.2B | 5.5B | |
Other Liab | 936.0M | 1.0B | 889.4M | 735.1M | 845.4M | 443.4M | |
Net Tangible Assets | 8.2B | 8.4B | 8.6B | 8.1B | 9.3B | 7.7B | |
Deferred Long Term Liab | 195.9M | 699.0M | 1.2B | 1.1B | 1.3B | 1.4B | |
Long Term Investments | 325.9M | 369.5M | 263.6M | 175.0M | 237.5M | 214.1M | |
Short Long Term Debt | 2.1B | 1.7B | 2.1B | 2.1B | 1.9B | 1.8B | |
Long Term Debt Total | 15.1M | 31.4M | 517.0M | 113.4M | 130.4M | 113.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether China Yuchai Interna is a strong investment it is important to analyze China Yuchai's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact China Yuchai's future performance. For an informed investment choice regarding China Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Yuchai International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Yuchai. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Yuchai listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.347 | Earnings Share 1.17 | Revenue Per Share 469.471 | Quarterly Revenue Growth 0.124 | Return On Assets 0.0095 |
The market value of China Yuchai Interna is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Yuchai's value that differs from its market value or its book value, called intrinsic value, which is China Yuchai's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Yuchai's market value can be influenced by many factors that don't directly affect China Yuchai's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Yuchai's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Yuchai is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Yuchai's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.