Ping Total Stockholder Equity vs Non Current Assets Total 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 Total Stockholder Equity and its Non Current Assets Total 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.

Total Stockholder Equity vs Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ping An Bank Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ping An's Total Stockholder Equity and Non Current Assets Total is 0.98. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total 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 Total Stockholder Equity and Non Current Assets Total 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 Ping An Bank are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Stockholder Equity i.e., Ping An's Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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 Total Stockholder Equity vs Non Current Assets Total Analysis

Total Stockholder Equity vs Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Non Current Assets Total

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