China Other Assets vs Net Receivables Analysis

000009 Stock   9.35  0.15  1.58%   
China Baoan financial indicator trend analysis is way more than just evaluating China Baoan Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Baoan Group is a good investment. Please check the relationship between China Baoan Other Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Baoan Group. 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.

Other Assets vs Net Receivables

Other Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Baoan Group Other Assets account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between China Baoan's Other Assets and Net Receivables is 0.88. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of China Baoan Group, assuming nothing else is changed. The correlation between historical values of China Baoan's Other Assets and Net 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 Other Assets of China Baoan Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Assets i.e., China Baoan's Other Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Other Assets

Net Receivables

Most indicators from China Baoan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Baoan Group 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 Baoan Group. 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.
As of December 26, 2024, Selling General Administrative is expected to decline to about 866.4 M. In addition to that, Tax Provision is expected to decline to about 373.9 M
 2021 2022 2023 2024 (projected)
Operating Income2.1B2.5B3.0B3.1B
Total Revenue17.6B32.0B30.7B32.2B

China Baoan fundamental ratios Correlations

-0.460.790.990.940.940.980.950.880.950.610.760.791.00.940.740.980.970.750.77-0.880.870.60.620.930.79
-0.46-0.23-0.48-0.35-0.66-0.45-0.3-0.36-0.28-0.2-0.05-0.7-0.44-0.35-0.06-0.36-0.550.0-0.460.33-0.09-0.270.0-0.43-0.07
0.79-0.230.730.730.750.780.710.50.850.810.940.450.820.690.830.740.690.650.73-0.750.790.430.850.90.73
0.99-0.480.730.940.910.970.960.870.90.540.710.810.970.930.730.990.990.70.8-0.870.840.570.540.890.74
0.94-0.350.730.940.790.90.950.830.90.550.750.760.920.940.830.960.90.850.71-0.970.90.740.680.860.9
0.94-0.660.750.910.790.930.820.780.860.60.630.790.940.810.560.870.930.520.78-0.730.720.420.50.920.57
0.98-0.450.780.970.90.930.950.850.920.640.730.730.980.890.720.960.960.680.8-0.830.840.460.560.930.71
0.95-0.30.710.960.950.820.950.850.880.550.720.710.930.890.770.970.930.760.79-0.90.90.530.570.870.8
0.88-0.360.50.870.830.780.850.850.840.420.570.750.870.90.610.860.860.720.54-0.740.790.60.360.720.71
0.95-0.280.850.90.90.860.920.880.840.730.830.670.970.910.780.910.860.820.64-0.860.890.630.750.920.85
0.61-0.20.810.540.550.60.640.550.420.730.760.320.660.530.640.510.490.60.46-0.630.550.370.770.730.61
0.76-0.050.940.710.750.630.730.720.570.830.760.420.790.730.910.740.660.760.65-0.770.840.530.840.820.83
0.79-0.70.450.810.760.790.730.710.750.670.320.420.760.740.470.760.830.50.61-0.710.560.690.330.670.58
1.0-0.440.820.970.920.940.980.930.870.970.660.790.760.930.750.960.950.760.74-0.870.880.590.660.940.79
0.94-0.350.690.930.940.810.890.890.90.910.530.730.740.930.790.940.910.820.63-0.890.860.720.610.820.85
0.74-0.060.830.730.830.560.720.770.610.780.640.910.470.750.790.770.670.790.69-0.850.870.620.750.770.89
0.98-0.360.740.990.960.870.960.970.860.910.510.740.760.960.940.770.970.760.78-0.890.90.590.580.880.8
0.97-0.550.690.990.90.930.960.930.860.860.490.660.830.950.910.670.970.630.8-0.820.790.530.460.870.67
0.750.00.650.70.850.520.680.760.720.820.60.760.50.760.820.790.760.630.41-0.880.870.790.80.690.96
0.77-0.460.730.80.710.780.80.790.540.640.460.650.610.740.630.690.780.80.41-0.680.720.220.40.850.53
-0.880.33-0.75-0.87-0.97-0.73-0.83-0.9-0.74-0.86-0.63-0.77-0.71-0.87-0.89-0.85-0.89-0.82-0.88-0.68-0.87-0.78-0.77-0.84-0.93
0.87-0.090.790.840.90.720.840.90.790.890.550.840.560.880.860.870.90.790.870.72-0.870.570.710.880.9
0.6-0.270.430.570.740.420.460.530.60.630.370.530.690.590.720.620.590.530.790.22-0.780.570.620.460.83
0.620.00.850.540.680.50.560.570.360.750.770.840.330.660.610.750.580.460.80.4-0.770.710.620.720.83
0.93-0.430.90.890.860.920.930.870.720.920.730.820.670.940.820.770.880.870.690.85-0.840.880.460.720.75
0.79-0.070.730.740.90.570.710.80.710.850.610.830.580.790.850.890.80.670.960.53-0.930.90.830.830.75
Click cells to compare fundamentals

China Baoan Account Relationship Matchups

China Baoan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.2B31.9B37.1B52.4B50.1B52.6B
Other Current Liab2.4B2.3B1.9B37.2M46.6M44.3M
Total Current Liabilities12.3B11.7B15.4B24.2B15.7B8.1B
Total Stockholder Equity5.5B6.9B8.0B9.1B9.9B10.4B
Other Liab1.2B2.0B2.0B2.3B2.6B2.7B
Accounts Payable2.6B2.9B4.3B10.8B8.4B8.8B
Cash5.5B6.7B6.6B10.5B9.4B9.9B
Other Assets1.4B1.8B2.2B2.2B2.5B2.6B
Long Term Debt5.8B5.1B3.2B6.0B10.0B10.5B
Net Receivables3.8B3.9B3.4B6.4B4.9B5.2B
Short Term Investments576.7M1.1B374.7M1.7B620.0M403.3M
Inventory9.2B8.5B10.1B12.2B10.5B6.1B
Other Current Assets258.7M674.4M726.2M1.0B1.4B1.5B
Total Liab19.5B18.6B21.4B33.5B29.1B30.5B
Intangible Assets1.1B1.1B1.2B1.5B1.8B1.8B
Property Plant Equipment5.4B5.4B6.1B7.7B8.8B9.3B
Retained Earnings2.5B3.1B4.1B4.8B5.5B5.8B
Good Will464.2M461.1M470.5M460.1M479.4M482.9M
Net Tangible Assets3.7B4.0B5.4B6.4B7.3B4.6B
Other Stockholder Equity60.0M12.9M(8.0M)(23.8M)(21.4M)(20.3M)
Deferred Long Term Liab210.5M198.9M180.5M207.1M238.2M187.4M
Short Long Term Debt3.9B3.8B5.6B8.3B2.0B1.9B
Total Current Assets19.7B21.2B23.9B35.0B28.9B23.7B
Non Current Assets Total10.5B10.7B13.2B17.4B21.2B13.6B
Non Currrent Assets Other151.7M5.9B502.7M629.6M945.3M1.2B
Non Current Liabilities Total7.2B7.1B6.0B9.4B13.4B8.1B
Non Current Liabilities Other706.4M756.1M720.2M714.3M712.5M528.0M
Net Debt3.6B2.1B2.3B3.8B2.5B3.0B
Net Invested Capital14.6B15.8B16.8B23.4B21.9B19.4B
Net Working Capital7.4B9.6B8.5B10.8B13.2B10.0B

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Other Information on Investing in China Stock

Balance Sheet is a snapshot of the financial position of China Baoan Group at a specified time, usually calculated after every quarter, six months, or one year. China Baoan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Baoan 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.