China Capital Expenditures vs Change To Account Receivables 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 Capital Expenditures and its Change To Account Receivables 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.

Capital Expenditures vs Change To Account Receivables

Capital Expenditures vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Union Holdings Capital Expenditures account and Change To Account Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between China Union's Capital Expenditures and Change To Account Receivables is -0.03. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Account Receivables 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 Capital Expenditures and Change To Account 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 Capital Expenditures of China Union Holdings are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Capital Expenditures i.e., China Union's Capital Expenditures and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

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Capital Expenditures

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

Change To Account Receivables

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 Income	629.8M	791.6M	60.1M	57.1M
Total Revenue	1.9B	2.3B	565.2M	536.9M

Operating Income Total Revenue

China Union fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Treasury Stock	Short Term Debt
Total Assets		0.67	0.82	0.9	-0.18	0.91	0.42	0.88	0.8	0.6	-0.39	0.54	0.64	-0.25	0.88	-0.42	0.66	0.76	0.87	0.03	-0.06	0.86	0.62	0.88	0.85	0.62
Other Current Liab	0.67		0.75	0.44	-0.02	0.38	0.28	0.77	0.28	0.46	-0.08	-0.03	0.34	0.09	0.78	-0.1	0.3	0.4	0.34	-0.21	0.22	0.33	0.14	0.7	0.33	0.14
Total Current Liabilities	0.82	0.75		0.56	0.14	0.66	0.5	0.77	0.45	0.34	-0.14	0.22	0.59	-0.23	0.93	-0.17	0.22	0.77	0.58	0.03	0.34	0.55	0.17	0.83	0.55	0.17
Total Stockholder Equity	0.9	0.44	0.56		-0.34	0.93	0.43	0.76	0.85	0.41	-0.39	0.6	0.48	-0.23	0.58	-0.43	0.79	0.68	0.94	0.11	-0.28	0.96	0.83	0.71	0.93	0.83
Other Liab	-0.18	-0.02	0.14	-0.34		-0.27	0.42	-0.35	-0.52	-0.17	0.56	-0.36	0.28	-0.36	0.06	0.58	-0.61	0.19	-0.31	0.44	0.59	-0.27	-0.42	-0.29	-0.3	-0.42
Retained Earnings	0.91	0.38	0.66	0.93	-0.27		0.46	0.74	0.9	0.43	-0.34	0.66	0.5	-0.34	0.68	-0.38	0.63	0.84	0.98	0.15	-0.27	0.97	0.76	0.82	0.98	0.76
Accounts Payable	0.42	0.28	0.5	0.43	0.42	0.46		0.19	0.25	-0.19	0.19	0.14	0.37	-0.22	0.33	0.16	0.01	0.69	0.42	0.39	0.28	0.47	0.16	0.23	0.43	0.16
Cash	0.88	0.77	0.77	0.76	-0.35	0.74	0.19		0.64	0.52	-0.26	0.27	0.29	-0.05	0.81	-0.32	0.54	0.57	0.72	-0.25	-0.12	0.69	0.54	0.91	0.71	0.54
Other Assets	0.8	0.28	0.45	0.85	-0.52	0.9	0.25	0.64		0.47	-0.59	0.8	0.36	-0.16	0.52	-0.59	0.8	0.62	0.9	-0.07	-0.53	0.86	0.68	0.72	0.87	0.68
Long Term Debt	0.6	0.46	0.34	0.41	-0.17	0.43	-0.19	0.52	0.47		-0.37	0.38	0.5	-0.16	0.65	-0.35	0.44	0.23	0.37	-0.18	-0.22	0.35	0.39	0.55	0.41	0.39
Net Receivables	-0.39	-0.08	-0.14	-0.39	0.56	-0.34	0.19	-0.26	-0.59	-0.37		-0.59	-0.44	-0.23	-0.25	0.99	-0.78	0.06	-0.28	0.03	0.17	-0.26	-0.17	-0.22	-0.26	-0.17
Short Term Investments	0.54	-0.03	0.22	0.6	-0.36	0.66	0.14	0.27	0.8	0.38	-0.59		0.41	-0.16	0.31	-0.55	0.66	0.43	0.63	-0.03	-0.47	0.6	0.44	0.39	0.6	0.44
Inventory	0.64	0.34	0.59	0.48	0.28	0.5	0.37	0.29	0.36	0.5	-0.44	0.41		-0.37	0.67	-0.43	0.39	0.48	0.39	0.43	0.42	0.42	0.18	0.34	0.38	0.18
Other Current Assets	-0.25	0.09	-0.23	-0.23	-0.36	-0.34	-0.22	-0.05	-0.16	-0.16	-0.23	-0.16	-0.37		-0.23	-0.26	0.04	-0.58	-0.36	-0.18	0.06	-0.34	-0.17	-0.21	-0.31	-0.17
Total Liab	0.88	0.78	0.93	0.58	0.06	0.68	0.33	0.81	0.52	0.65	-0.25	0.31	0.67	-0.23		-0.27	0.33	0.69	0.59	-0.04	0.21	0.55	0.25	0.87	0.57	0.25
Intangible Assets	-0.42	-0.1	-0.17	-0.43	0.58	-0.38	0.16	-0.32	-0.59	-0.35	0.99	-0.55	-0.43	-0.26	-0.27		-0.78	0.05	-0.31	-0.01	0.14	-0.31	-0.23	-0.25	-0.31	-0.23
Common Stock	0.66	0.3	0.22	0.79	-0.61	0.63	0.01	0.54	0.8	0.44	-0.78	0.66	0.39	0.04	0.33	-0.78		0.21	0.66	-0.09	-0.43	0.66	0.62	0.43	0.61	0.62
Property Plant Equipment	0.76	0.4	0.77	0.68	0.19	0.84	0.69	0.57	0.62	0.23	0.06	0.43	0.48	-0.58	0.69	0.05	0.21		0.81	0.23	-0.01	0.79	0.44	0.74	0.79	0.44
Net Tangible Assets	0.87	0.34	0.58	0.94	-0.31	0.98	0.42	0.72	0.9	0.37	-0.28	0.63	0.39	-0.36	0.59	-0.31	0.66	0.81		0.11	-0.36	0.99	0.82	0.78	0.98	0.82
Other Stockholder Equity	0.03	-0.21	0.03	0.11	0.44	0.15	0.39	-0.25	-0.07	-0.18	0.03	-0.03	0.43	-0.18	-0.04	-0.01	-0.09	0.23	0.11		0.47	0.2	0.2	-0.19	0.2	0.2
Deferred Long Term Liab	-0.06	0.22	0.34	-0.28	0.59	-0.27	0.28	-0.12	-0.53	-0.22	0.17	-0.47	0.42	0.06	0.21	0.14	-0.43	-0.01	-0.36	0.47		-0.31	-0.46	-0.15	-0.34	-0.46
Long Term Investments	0.86	0.33	0.55	0.96	-0.27	0.97	0.47	0.69	0.86	0.35	-0.26	0.6	0.42	-0.34	0.55	-0.31	0.66	0.79	0.99	0.2	-0.31		0.86	0.72	0.98	0.86
Short Long Term Debt	0.62	0.14	0.17	0.83	-0.42	0.76	0.16	0.54	0.68	0.39	-0.17	0.44	0.18	-0.17	0.25	-0.23	0.62	0.44	0.82	0.2	-0.46	0.86		0.49	0.86	1.0
Total Current Assets	0.88	0.7	0.83	0.71	-0.29	0.82	0.23	0.91	0.72	0.55	-0.22	0.39	0.34	-0.21	0.87	-0.25	0.43	0.74	0.78	-0.19	-0.15	0.72	0.49		0.76	0.49
Treasury Stock	0.85	0.33	0.55	0.93	-0.3	0.98	0.43	0.71	0.87	0.41	-0.26	0.6	0.38	-0.31	0.57	-0.31	0.61	0.79	0.98	0.2	-0.34	0.98	0.86	0.76		0.86
Short Term Debt	0.62	0.14	0.17	0.83	-0.42	0.76	0.16	0.54	0.68	0.39	-0.17	0.44	0.18	-0.17	0.25	-0.23	0.62	0.44	0.82	0.2	-0.46	0.86	1.0	0.49	0.86

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China Union Account Relationship Matchups

China Union fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.1B	10.8B	9.6B	9.2B	8.4B	7.6B
Other Current Liab	4.3B	2.5B	1.6B	1.7B	53.1M	50.5M
Total Current Liabilities	4.5B	3.0B	2.2B	2.3B	1.6B	2.9B
Total Stockholder Equity	4.9B	4.9B	5.0B	5.3B	5.3B	2.9B
Other Liab	161.4M	40.6M	40.5M	40.0M	36.0M	61.6M
Retained Earnings	3.2B	3.2B	3.3B	3.0B	3.0B	3.2B
Accounts Payable	167.0M	404.9M	563.2M	439.6M	274.0M	260.3M
Cash	5.4B	4.1B	2.1B	3.9B	2.0B	2.0B
Other Assets	1.4B	1.7B	1.8B	1.4B	1.6B	1.7B
Long Term Debt	1.9B	2.0B	1.3B	586.8M	537M	973.0M
Net Receivables	32.5M	21.7M	10.0M	43.7M	6.7M	6.4M
Inventory	3.3B	3.2B	3.1B	2.1B	3.0B	2.4B
Other Current Assets	191.8M	63.5M	258.7M	79.3M	12.4M	11.7M
Total Liab	6.5B	5.0B	3.6B	3.0B	2.2B	4.0B
Intangible Assets	4.8M	3.7M	3.0M	2.8M	2.8M	2.6M
Property Plant Equipment	816.4M	803.3M	781.6M	758.3M	682.5M	981.7M
Net Tangible Assets	4.8B	4.9B	4.9B	4.7B	5.4B	4.6B
Deferred Long Term Liab	24.0M	15.3M	8.2M	2.4M	2.2M	2.1M
Total Current Assets	9.8B	8.3B	7.0B	7.0B	6.4B	8.1B
Non Current Assets Total	2.4B	2.5B	2.6B	2.2B	2.0B	2.5B
Non Currrent Assets Other	2.2B	89.8M	70M	1.2M	1.1M	1.0M
Non Current Liabilities Total	1.9B	2.0B	1.4B	627.1M	577.0M	548.2M
Net Invested Capital	6.9B	6.9B	6.3B	5.9B	5.9B	6.7B
Net Working Capital	5.2B	5.3B	4.8B	4.7B	4.8B	5.2B

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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.

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China Capital Expenditures vs Change To Account Receivables Analysis

Capital Expenditures vs Change To Account Receivables

Capital Expenditures vs Change To Account Receivables Correlation Analysis

Correlation Coefficient

Capital Expenditures

Change To Account Receivables

China Union fundamental ratios Correlations

China Union Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Union fundamental ratios Accounts

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Other Information on Investing in China Stock

COMMON DESTINATIONS

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COMPANY

Short Term Debt	+ 1.0	Short Long Term Debt
Intangible Assets	+ 0.99	Net Receivables
Long Term Investments	+ 0.99	Net Tangible Assets
Net Tangible Assets	+ 0.98	Retained Earnings
Treasury Stock	+ 0.98	Retained Earnings
Treasury Stock	+ 0.98	Net Tangible Assets

Common Stock	- 0.78	Intangible Assets
Common Stock	- 0.78	Net Receivables
Common Stock	- 0.61	Other Liab
Short Term Investments	- 0.59	Net Receivables
Intangible Assets	- 0.59	Other Assets
Net Receivables	- 0.59	Other Assets