Ping Capital Expenditures vs Change In Working Capital Analysis

000001 Stock

11.34 0.05 0.44%

Ping An financial indicator trend analysis is much more than just breaking down Ping An Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ping An Bank is a good investment. Please check the relationship between Ping An Capital Expenditures and its Change In Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ping An Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Capital Expenditures vs Change In Working Capital

Capital Expenditures vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ping An Bank Capital Expenditures account and Change In Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Ping An's Capital Expenditures and Change In Working Capital is -0.03. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Ping An Bank, assuming nothing else is changed. The correlation between historical values of Ping An's Capital Expenditures and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Ping An Bank are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Capital Expenditures i.e., Ping An's Capital Expenditures and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Ping An Bank to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Ping An operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Most indicators from Ping An's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ping An Bank 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 Ping An Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Selling General Administrative is expected to grow to about 40.3 B, whereas Tax Provision is forecasted to decline to about 9.6 B.

	2023	2024 (projected)
Operating Income	42.9B	27.2B
Total Revenue	164.6B	172.8B

Operating Income Total Revenue

Ping An fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Retained Earnings	Accounts Payable	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Common Stock	Other Liab	Short Term Investments	Intangible Assets	Property Plant Equipment	Long Term Debt	Good Will
Total Assets		0.99	0.92	0.69	0.92	0.96	0.2	0.99	0.92	0.57	0.96	0.88	0.86	0.97	0.01	-0.37	0.46	0.95	0.16	0.95	-0.53	-0.45	0.59	0.96	0.95	-0.55
Total Stockholder Equity	0.99		0.93	0.75	0.9	0.98	0.28	0.99	0.9	0.5	0.98	0.92	0.88	0.99	-0.02	-0.45	0.45	0.91	0.09	0.92	-0.53	-0.51	0.54	0.97	0.96	-0.59
Property Plant And Equipment Net	0.92	0.93		0.77	0.86	0.95	0.29	0.91	0.86	0.4	0.95	0.9	0.89	0.87	0.02	-0.53	0.46	0.86	0.01	0.87	-0.55	-0.57	0.39	0.97	0.95	-0.34
Net Debt	0.69	0.75	0.77		0.47	0.8	0.63	0.72	0.47	-0.05	0.81	0.9	0.76	0.74	-0.22	-0.7	0.31	0.55	-0.25	0.52	-0.3	-0.57	0.27	0.77	0.68	-0.38
Cash	0.92	0.9	0.86	0.47		0.86	-0.04	0.88	1.0	0.73	0.9	0.71	0.78	0.87	0.16	-0.22	0.45	0.91	0.23	0.94	-0.67	-0.52	0.43	0.88	0.95	-0.46
Non Current Assets Total	0.96	0.98	0.95	0.8	0.86		0.29	0.96	0.86	0.35	0.97	0.94	0.95	0.96	0.07	-0.61	0.51	0.86	0.02	0.86	-0.53	-0.58	0.47	0.98	0.95	-0.53
Non Currrent Assets Other	0.2	0.28	0.29	0.63	-0.04	0.29		0.24	-0.04	-0.32	0.29	0.59	0.15	0.3	-0.8	-0.49	-0.21	0.0	-0.52	0.01	-0.05	-0.14	-0.02	0.32	0.18	-0.26
Other Assets	0.99	0.99	0.91	0.72	0.88	0.96	0.24		0.88	0.51	0.95	0.89	0.86	0.97	-0.02	-0.4	0.46	0.94	0.14	0.93	-0.49	-0.4	0.63	0.95	0.92	-0.57
Cash And Short Term Investments	0.92	0.9	0.86	0.47	1.0	0.86	-0.04	0.88		0.73	0.9	0.71	0.78	0.87	0.16	-0.22	0.45	0.91	0.23	0.94	-0.67	-0.52	0.43	0.88	0.95	-0.46
Total Current Assets	0.57	0.5	0.4	-0.05	0.73	0.35	-0.32	0.51	0.73		0.47	0.18	0.17	0.44	0.0	0.5	0.14	0.7	0.47	0.73	-0.4	-0.1	0.39	0.44	0.55	-0.2
Short Long Term Debt Total	0.96	0.98	0.95	0.81	0.9	0.97	0.29	0.95	0.9	0.47		0.92	0.89	0.95	0.0	-0.49	0.45	0.88	0.04	0.89	-0.6	-0.63	0.42	0.97	0.97	-0.49
Other Current Liab	0.88	0.92	0.9	0.9	0.71	0.94	0.59	0.89	0.71	0.18	0.92		0.86	0.91	-0.21	-0.69	0.37	0.73	-0.15	0.72	-0.48	-0.54	0.38	0.93	0.86	-0.53
Total Current Liabilities	0.86	0.88	0.89	0.76	0.78	0.95	0.15	0.86	0.78	0.17	0.89	0.86		0.88	0.31	-0.72	0.58	0.75	-0.01	0.75	-0.5	-0.64	0.35	0.89	0.87	-0.47
Retained Earnings	0.97	0.99	0.87	0.74	0.87	0.96	0.3	0.97	0.87	0.44	0.95	0.91	0.88		-0.02	-0.49	0.45	0.86	0.06	0.87	-0.51	-0.52	0.53	0.95	0.93	-0.68
Accounts Payable	0.01	-0.02	0.02	-0.22	0.16	0.07	-0.8	-0.02	0.16	0.0	0.0	-0.21	0.31	-0.02		-0.11	0.47	0.08	0.3	0.09	-0.1	-0.22	-0.04	-0.03	0.07	0.1
Net Receivables	-0.37	-0.45	-0.53	-0.7	-0.22	-0.61	-0.49	-0.4	-0.22	0.5	-0.49	-0.69	-0.72	-0.49	-0.11		-0.34	-0.16	0.4	-0.16	0.28	0.5	0.01	-0.51	-0.42	0.31
Non Current Liabilities Total	0.46	0.45	0.46	0.31	0.45	0.51	-0.21	0.46	0.45	0.14	0.45	0.37	0.58	0.45	0.47	-0.34		0.44	0.7	0.38	-0.34	-0.4	0.28	0.39	0.44	0.07
Other Stockholder Equity	0.95	0.91	0.86	0.55	0.91	0.86	0.0	0.94	0.91	0.7	0.88	0.73	0.75	0.86	0.08	-0.16	0.44		0.29	0.97	-0.48	-0.32	0.63	0.88	0.89	-0.4
Total Liab	0.16	0.09	0.01	-0.25	0.23	0.02	-0.52	0.14	0.23	0.47	0.04	-0.15	-0.01	0.06	0.3	0.4	0.7	0.29		0.21	-0.09	0.13	0.37	-0.04	0.06	0.25
Common Stock	0.95	0.92	0.87	0.52	0.94	0.86	0.01	0.93	0.94	0.73	0.89	0.72	0.75	0.87	0.09	-0.16	0.38	0.97	0.21		-0.55	-0.4	0.51	0.91	0.93	-0.46
Other Liab	-0.53	-0.53	-0.55	-0.3	-0.67	-0.53	-0.05	-0.49	-0.67	-0.4	-0.6	-0.48	-0.5	-0.51	-0.1	0.28	-0.34	-0.48	-0.09	-0.55		0.49	0.16	-0.57	-0.64	0.14
Short Term Investments	-0.45	-0.51	-0.57	-0.57	-0.52	-0.58	-0.14	-0.4	-0.52	-0.1	-0.63	-0.54	-0.64	-0.52	-0.22	0.5	-0.4	-0.32	0.13	-0.4	0.49		0.22	-0.57	-0.66	0.23
Intangible Assets	0.59	0.54	0.39	0.27	0.43	0.47	-0.02	0.63	0.43	0.39	0.42	0.38	0.35	0.53	-0.04	0.01	0.28	0.63	0.37	0.51	0.16	0.22		0.41	0.37	-0.4
Property Plant Equipment	0.96	0.97	0.97	0.77	0.88	0.98	0.32	0.95	0.88	0.44	0.97	0.93	0.89	0.95	-0.03	-0.51	0.39	0.88	-0.04	0.91	-0.57	-0.57	0.41		0.97	-0.52
Long Term Debt	0.95	0.96	0.95	0.68	0.95	0.95	0.18	0.92	0.95	0.55	0.97	0.86	0.87	0.93	0.07	-0.42	0.44	0.89	0.06	0.93	-0.64	-0.66	0.37	0.97		-0.5
Good Will	-0.55	-0.59	-0.34	-0.38	-0.46	-0.53	-0.26	-0.57	-0.46	-0.2	-0.49	-0.53	-0.47	-0.68	0.1	0.31	0.07	-0.4	0.25	-0.46	0.14	0.23	-0.4	-0.52	-0.5

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Ping An Account Relationship Matchups

Ping An fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.9T	4.5T	4.9T	5.3T	5.6T	5.9T
Total Stockholder Equity	313.0B	364.1B	395.4B	434.7B	472.3B	495.9B
Property Plant And Equipment Net	18.6B	18.0B	18.7B	17.6B	15.6B	16.4B
Net Debt	79.0B	167.8B	360.8B	218.2B	185.0B	194.2B
Cash	468.5B	492.5B	502.5B	534.1B	598.6B	628.6B
Non Current Assets Total	1.1T	1.2T	1.3T	1.4T	1.5T	1.5T
Non Currrent Assets Other	(36.3B)	(40.5B)	(41.3B)	(46.5B)	(50.1B)	(52.6B)
Other Assets	2.4T	2.8T	3.1T	3.4T	3.5T	3.7T
Cash And Short Term Investments	468.5B	492.5B	502.5B	534.1B	598.6B	628.6B
Liabilities And Stockholders Equity	3.9T	4.5T	4.9T	5.3T	5.6T	5.9T
Total Current Assets	468.5B	492.5B	502.5B	534.1B	598.6B	628.6B
Short Long Term Debt Total	547.4B	660.2B	863.3B	752.3B	783.6B	822.8B
Other Current Liab	880.8B	1.2T	1.2T	1.3T	1.3T	1.4T
Total Current Liabilities	1.9T	2.4T	2.5T	2.6T	2.7T	2.9T
Retained Earnings	113.4B	131.2B	154.4B	186.3B	221.3B	232.3B
Accounts Payable	6.2B	4.3B	6.0B	5.4B	10.4B	9.9B
Net Receivables	1.6B	2.4B	3.4B	4.9B	5.6B	5.3B
Non Current Liabilities Total	547.4B	660.2B	863.3B	4.9T	783.6B	460.3B
Other Stockholder Equity	105.3B	107.9B	100.8B	130.8B	130.8B	137.3B
Total Liab	547.4B	660.2B	863.3B	4.9T	783.6B	1.0T
Other Liab	13.1B	11.0B	15.5B	13.2B	11.9B	22.4B
Intangible Assets	4.4B	3.9B	5.8B	6.9B	6.6B	7.0B
Property Plant Equipment	19.5B	19.4B	19.5B	18.4B	21.2B	22.2B
Net Tangible Assets	281.1B	332.8B	362.1B	400.3B	460.3B	287.7B
Inventory	4.0B	2.4B	439M	360M	324M	307.8M
Other Current Assets	698.7B	888.8B	926.0B	1.1T	1.2T	762.3B
Deferred Long Term Liab	1.9B	1.6B	1.8B	1.6B	1.8B	1.8B
Long Term Investments	1.1T	1.2T	1.3T	1.4T	1.4T	1.1T
Net Invested Capital	832.9B	997.1B	1.2T	1.2T	1.2T	1.0T

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Other Information on Investing in Ping Stock

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

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Ping Capital Expenditures vs Change In Working Capital Analysis

Capital Expenditures vs Change In Working Capital

Capital Expenditures vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Capital Expenditures

Change In Working Capital

Ping An fundamental ratios Correlations

Ping An Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ping An fundamental ratios Accounts

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Other Information on Investing in Ping Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Other Assets	+ 0.99	Total Assets
Other Assets	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.98	Total Stockholder Equity

Accounts Payable	- 0.8	Non Currrent Assets Other
Net Receivables	- 0.72	Total Current Liabilities
Net Receivables	- 0.7	Net Debt
Net Receivables	- 0.69	Other Current Liab
Good Will	- 0.68	Retained Earnings
Other Liab	- 0.67	Cash And Short Term Investments