China Accounts Payable vs Total Stockholder Equity Analysis

000036 Stock   4.15  0.04  0.97%   
China Union financial indicator trend analysis is way more than just evaluating China Union Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Union Holdings is a good investment. Please check the relationship between China Union Accounts Payable and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Union Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Accounts Payable vs Total Stockholder Equity

Accounts Payable vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Union Holdings Accounts Payable account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China Union's Accounts Payable and Total Stockholder Equity is 0.43. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of China Union Holdings, assuming nothing else is changed. The correlation between historical values of China Union's Accounts Payable and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of China Union Holdings are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., China Union's Accounts Payable and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents China Union obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of China Union Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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.
Most indicators from China Union's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Union Holdings 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 Union Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 138.3 M, whereas Tax Provision is forecasted to decline to about 5.9 M.
 2021 2022 2023 2024 (projected)
Operating Income629.8M791.6M60.1M57.1M
Total Revenue1.9B2.3B565.2M536.9M

China Union fundamental ratios Correlations

0.670.820.9-0.180.910.420.880.80.6-0.390.540.64-0.250.88-0.420.660.760.870.03-0.060.860.620.880.850.62
0.670.750.44-0.020.380.280.770.280.46-0.08-0.030.340.090.78-0.10.30.40.34-0.210.220.330.140.70.330.14
0.820.750.560.140.660.50.770.450.34-0.140.220.59-0.230.93-0.170.220.770.580.030.340.550.170.830.550.17
0.90.440.56-0.340.930.430.760.850.41-0.390.60.48-0.230.58-0.430.790.680.940.11-0.280.960.830.710.930.83
-0.18-0.020.14-0.34-0.270.42-0.35-0.52-0.170.56-0.360.28-0.360.060.58-0.610.19-0.310.440.59-0.27-0.42-0.29-0.3-0.42
0.910.380.660.93-0.270.460.740.90.43-0.340.660.5-0.340.68-0.380.630.840.980.15-0.270.970.760.820.980.76
0.420.280.50.430.420.460.190.25-0.190.190.140.37-0.220.330.160.010.690.420.390.280.470.160.230.430.16
0.880.770.770.76-0.350.740.190.640.52-0.260.270.29-0.050.81-0.320.540.570.72-0.25-0.120.690.540.910.710.54
0.80.280.450.85-0.520.90.250.640.47-0.590.80.36-0.160.52-0.590.80.620.9-0.07-0.530.860.680.720.870.68
0.60.460.340.41-0.170.43-0.190.520.47-0.370.380.5-0.160.65-0.350.440.230.37-0.18-0.220.350.390.550.410.39
-0.39-0.08-0.14-0.390.56-0.340.19-0.26-0.59-0.37-0.59-0.44-0.23-0.250.99-0.780.06-0.280.030.17-0.26-0.17-0.22-0.26-0.17
0.54-0.030.220.6-0.360.660.140.270.80.38-0.590.41-0.160.31-0.550.660.430.63-0.03-0.470.60.440.390.60.44
0.640.340.590.480.280.50.370.290.360.5-0.440.41-0.370.67-0.430.390.480.390.430.420.420.180.340.380.18
-0.250.09-0.23-0.23-0.36-0.34-0.22-0.05-0.16-0.16-0.23-0.16-0.37-0.23-0.260.04-0.58-0.36-0.180.06-0.34-0.17-0.21-0.31-0.17
0.880.780.930.580.060.680.330.810.520.65-0.250.310.67-0.23-0.270.330.690.59-0.040.210.550.250.870.570.25
-0.42-0.1-0.17-0.430.58-0.380.16-0.32-0.59-0.350.99-0.55-0.43-0.26-0.27-0.780.05-0.31-0.010.14-0.31-0.23-0.25-0.31-0.23
0.660.30.220.79-0.610.630.010.540.80.44-0.780.660.390.040.33-0.780.210.66-0.09-0.430.660.620.430.610.62
0.760.40.770.680.190.840.690.570.620.230.060.430.48-0.580.690.050.210.810.23-0.010.790.440.740.790.44
0.870.340.580.94-0.310.980.420.720.90.37-0.280.630.39-0.360.59-0.310.660.810.11-0.360.990.820.780.980.82
0.03-0.210.030.110.440.150.39-0.25-0.07-0.180.03-0.030.43-0.18-0.04-0.01-0.090.230.110.470.20.2-0.190.20.2
-0.060.220.34-0.280.59-0.270.28-0.12-0.53-0.220.17-0.470.420.060.210.14-0.43-0.01-0.360.47-0.31-0.46-0.15-0.34-0.46
0.860.330.550.96-0.270.970.470.690.860.35-0.260.60.42-0.340.55-0.310.660.790.990.2-0.310.860.720.980.86
0.620.140.170.83-0.420.760.160.540.680.39-0.170.440.18-0.170.25-0.230.620.440.820.2-0.460.860.490.861.0
0.880.70.830.71-0.290.820.230.910.720.55-0.220.390.34-0.210.87-0.250.430.740.78-0.19-0.150.720.490.760.49
0.850.330.550.93-0.30.980.430.710.870.41-0.260.60.38-0.310.57-0.310.610.790.980.2-0.340.980.860.760.86
0.620.140.170.83-0.420.760.160.540.680.39-0.170.440.18-0.170.25-0.230.620.440.820.2-0.460.861.00.490.86
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China Union Account Relationship Matchups

China Union fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.1B10.8B9.6B9.2B8.4B7.6B
Other Current Liab4.3B2.5B1.6B1.7B53.1M50.5M
Total Current Liabilities4.5B3.0B2.2B2.3B1.6B2.9B
Total Stockholder Equity4.9B4.9B5.0B5.3B5.3B2.9B
Other Liab161.4M40.6M40.5M40.0M36.0M61.6M
Retained Earnings3.2B3.2B3.3B3.0B3.0B3.2B
Accounts Payable167.0M404.9M563.2M439.6M274.0M260.3M
Cash5.4B4.1B2.1B3.9B2.0B2.0B
Other Assets1.4B1.7B1.8B1.4B1.6B1.7B
Long Term Debt1.9B2.0B1.3B586.8M537M973.0M
Net Receivables32.5M21.7M10.0M43.7M6.7M6.4M
Inventory3.3B3.2B3.1B2.1B3.0B2.4B
Other Current Assets191.8M63.5M258.7M79.3M12.4M11.7M
Total Liab6.5B5.0B3.6B3.0B2.2B4.0B
Intangible Assets4.8M3.7M3.0M2.8M2.8M2.6M
Property Plant Equipment816.4M803.3M781.6M758.3M682.5M981.7M
Net Tangible Assets4.8B4.9B4.9B4.7B5.4B4.6B
Deferred Long Term Liab24.0M15.3M8.2M2.4M2.2M2.1M
Total Current Assets9.8B8.3B7.0B7.0B6.4B8.1B
Non Current Assets Total2.4B2.5B2.6B2.2B2.0B2.5B
Non Currrent Assets Other2.2B89.8M70M1.2M1.1M1.0M
Non Current Liabilities Total1.9B2.0B1.4B627.1M577.0M548.2M
Net Invested Capital6.9B6.9B6.3B5.9B5.9B6.7B
Net Working Capital5.2B5.3B4.8B4.7B4.8B5.2B

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Other Information on Investing in China Stock

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