China Property Plant Equipment vs Total Assets 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 Property Plant Equipment and its Total Assets 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.

Property Plant Equipment vs Total Assets

Property Plant Equipment vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Union Holdings Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Union's Property Plant Equipment and Total Assets is 0.76. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets 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 Property Plant Equipment and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of China Union Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant Equipment i.e., China Union's Property Plant Equipment and Total Assets go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Total Assets

Total assets refers to the total amount of China Union assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in China Union Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.