China Inventory vs Treasury Stock Analysis
000002 Stock | 8.60 0.12 1.42% |
China Vanke financial indicator trend analysis is way more than just evaluating China Vanke prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Vanke is a good investment. Please check the relationship between China Vanke Inventory and its Treasury Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Vanke Co. 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.
Inventory vs Treasury Stock
Inventory vs Treasury Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Vanke Inventory account and Treasury Stock. At this time, the significance of the direction appears to have no relationship.
The correlation between China Vanke's Inventory and Treasury Stock is 0.04. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of China Vanke Co, assuming nothing else is changed. The correlation between historical values of China Vanke's Inventory and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of China Vanke Co are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Inventory i.e., China Vanke's Inventory and Treasury Stock go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Inventory
Treasury Stock
Most indicators from China Vanke's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Vanke 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 Vanke Co. 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. At present, China Vanke's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 12.3 B, whereas Issuance Of Capital Stock is forecasted to decline to about 15.6 B.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 54.1B | 51.4B | 33.8B | 27.2B | Total Revenue | 452.8B | 503.8B | 465.7B | 489.0B |
China Vanke fundamental ratios Correlations
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China Vanke Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Vanke fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7T | 1.9T | 1.9T | 1.8T | 1.5T | 1.6T | |
Total Stockholder Equity | 188.1B | 224.5B | 236.0B | 242.7B | 250.8B | 263.3B | |
Other Liab | 1.5B | 1.6B | 2.8B | 2.7B | 3.1B | 2.9B | |
Retained Earnings | 166.2B | 195.9B | 203.9B | 215.1B | 93.6B | 72.5B | |
Accounts Payable | 41.3B | 53.2B | 38.7B | 30.3B | 221.7B | 232.8B | |
Cash | 166.2B | 195.2B | 149.4B | 137.2B | 99.8B | 71.2B | |
Other Assets | 113.3B | 130.3B | 136.3B | 149.4B | 171.8B | 180.4B | |
Long Term Debt | 164.0B | 175.6B | 207.3B | 249.6B | 257.6B | 270.5B | |
Short Term Investments | 11.7B | 170.5M | 20.6M | 18.1M | 13.6M | 12.9M | |
Inventory | 897.0B | 1.0T | 1.1T | 907.1B | 701.7B | 381.3B | |
Total Liab | 1.5T | 1.5T | 1.5T | 1.4T | 1.1T | 557.1B | |
Intangible Assets | 5.3B | 6.1B | 10.4B | 11.5B | 11.0B | 11.5B | |
Common Stock | 11.3B | 11.6B | 11.6B | 11.6B | 13.4B | 9.0B | |
Other Current Liab | 1.1T | 1.2T | 1.2T | 950.0B | 29.6B | 28.1B | |
Total Current Liabilities | 1.3T | 1.3T | 1.3T | 1.1T | 821.8B | 1.1T | |
Net Tangible Assets | 182.6B | 218.2B | 221.7B | 225.7B | 259.6B | 184.4B | |
Net Receivables | 214.7B | 3.0B | 4.7B | 7.5B | 7.3B | 6.9B | |
Other Current Assets | 155.8B | 122.3B | 122.8B | 99.3B | 16.0B | 15.2B | |
Other Stockholder Equity | (1.8B) | (1.5B) | (141.0M) | (5.6B) | (5.1B) | (4.8B) | |
Deferred Long Term Liab | 7.2B | 8.9B | 9.0B | 8.9B | 10.2B | 5.9B | |
Short Long Term Debt | 15.4B | 25.1B | 14.4B | 4.1B | 1.1B | 1.0B | |
Total Current Assets | 1.4T | 1.5T | 1.6T | 1.4T | 1.2T | 1.3T | |
Property Plant Equipment | 38.7B | 41.0B | 40.5B | 40.8B | 46.9B | 26.9B | |
Non Current Assets Total | 290.9B | 321.8B | 338.4B | 341.8B | 354.6B | 294.0B | |
Non Currrent Assets Other | 9.1B | 13.8B | 7.8B | 6.5B | 5.9B | 7.3B | |
Non Current Liabilities Total | 186.7B | 201.8B | 234.4B | 274.3B | 280.1B | 215.7B | |
Non Current Liabilities Other | 1.2B | 1.4B | 1.5B | 1.5B | 1.7B | 1.6B | |
Net Debt | 13.1B | 5.5B | 72.4B | 116.5B | 158.9B | 166.8B | |
Common Stock Shares Outstanding | 11.3B | 11.6B | 11.6B | 11.6B | 11.9B | 12.6B | |
Net Invested Capital | 367.4B | 425.2B | 457.7B | 496.4B | 509.5B | 450.6B | |
Net Working Capital | 166.4B | 229.9B | 288.8B | 337.6B | 328.5B | 266.3B | |
Capital Stock | 11.3B | 11.6B | 11.6B | 11.6B | 11.9B | 12.7B |
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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.Other Information on Investing in China Stock
Balance Sheet is a snapshot of the financial position of China Vanke at a specified time, usually calculated after every quarter, six months, or one year. China Vanke Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Vanke 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.