Tangshan Common Stock Shares Outstanding vs Property Plant And Equipment Net Analysis

000401 Stock   5.72  0.07  1.21%   
Tangshan Jidong financial indicator trend analysis is much more than just breaking down Tangshan Jidong Cement prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tangshan Jidong Cement is a good investment. Please check the relationship between Tangshan Jidong Common Stock Shares Outstanding and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tangshan Jidong Cement. 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.

Common Stock Shares Outstanding vs Property Plant And Equipment Net

Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tangshan Jidong Cement Common Stock Shares Outstanding account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tangshan Jidong's Common Stock Shares Outstanding and Property Plant And Equipment Net is 0.54. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Tangshan Jidong Cement, assuming nothing else is changed. The correlation between historical values of Tangshan Jidong's Common Stock Shares Outstanding and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Tangshan Jidong Cement are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Shares Outstanding i.e., Tangshan Jidong's Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Tangshan Jidong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tangshan Jidong Cement 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 Tangshan Jidong Cement. 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.
The current year's Selling General Administrative is expected to grow to about 1.4 B, whereas Tax Provision is projected to grow to (144.9 M).
 2021 2022 2023 2024 (projected)
Gross Profit9.8B7.1B2.4B3.3B
Total Revenue36.3B34.5B27.7B29.1B

Tangshan Jidong fundamental ratios Correlations

0.330.490.80.970.160.780.880.970.480.890.590.540.670.850.720.720.660.780.750.470.390.83-0.610.220.85
0.330.66-0.030.240.180.490.30.220.360.330.660.07-0.050.040.36-0.020.550.53-0.050.32-0.02-0.020.230.440.13
0.490.66-0.040.410.430.670.440.360.230.480.860.02-0.010.080.48-0.020.880.73-0.020.630.23-0.020.270.90.16
0.8-0.03-0.040.78-0.080.460.740.840.530.740.080.740.690.90.610.970.20.430.970.170.130.92-0.83-0.220.86
0.970.240.410.780.330.630.740.990.430.750.450.540.810.870.540.70.660.640.760.580.370.82-0.570.20.77
0.160.180.43-0.080.330.0-0.190.230.1-0.150.080.140.50.11-0.24-0.030.650.050.070.91-0.24-0.110.430.6-0.27
0.780.490.670.460.630.00.90.630.380.90.850.260.230.510.810.430.630.880.40.350.160.48-0.330.40.63
0.880.30.440.740.74-0.190.90.770.421.00.680.460.360.710.880.690.490.860.650.20.310.76-0.650.130.85
0.970.220.360.840.990.230.630.770.480.790.420.590.780.890.590.760.60.630.810.490.370.86-0.640.140.84
0.480.360.230.530.430.10.380.420.480.450.130.580.290.410.650.650.220.230.630.2-0.340.26-0.190.230.53
0.890.330.480.740.75-0.150.91.00.790.450.70.460.360.70.890.690.520.870.650.240.310.75-0.610.180.84
0.590.660.860.080.450.080.850.680.420.130.70.010.010.20.650.020.760.90.00.390.370.21-0.020.580.37
0.540.070.020.740.540.140.260.460.590.580.460.010.540.730.490.750.290.380.750.34-0.070.63-0.61-0.10.6
0.67-0.05-0.010.690.810.50.230.360.780.290.360.010.540.80.140.620.420.240.710.590.050.72-0.46-0.080.46
0.850.040.080.90.870.110.510.710.890.410.70.20.730.80.510.820.380.510.860.360.220.93-0.79-0.140.78
0.720.360.480.610.54-0.240.810.880.590.650.890.650.490.140.510.620.410.760.550.10.150.51-0.470.250.77
0.72-0.02-0.020.970.7-0.030.430.690.760.650.690.020.750.620.820.620.170.350.990.19-0.040.81-0.72-0.140.79
0.660.550.880.20.660.650.630.490.60.220.520.760.290.420.380.410.170.770.220.880.230.270.070.750.26
0.780.530.730.430.640.050.880.860.630.230.870.90.380.240.510.760.350.770.320.440.390.53-0.340.410.6
0.75-0.05-0.020.970.760.070.40.650.810.630.650.00.750.710.860.550.990.220.320.27-0.010.82-0.71-0.110.78
0.470.320.630.170.580.910.350.20.490.20.240.390.340.590.360.10.190.880.440.27-0.080.180.190.660.04
0.39-0.020.230.130.37-0.240.160.310.37-0.340.310.37-0.070.050.220.15-0.040.230.39-0.01-0.080.38-0.4-0.020.41
0.83-0.02-0.020.920.82-0.110.480.760.860.260.750.210.630.720.930.510.810.270.530.820.180.38-0.89-0.30.84
-0.610.230.27-0.83-0.570.43-0.33-0.65-0.64-0.19-0.61-0.02-0.61-0.46-0.79-0.47-0.720.07-0.34-0.710.19-0.4-0.890.54-0.82
0.220.440.9-0.220.20.60.40.130.140.230.180.58-0.1-0.08-0.140.25-0.140.750.41-0.110.66-0.02-0.30.54-0.12
0.850.130.160.860.77-0.270.630.850.840.530.840.370.60.460.780.770.790.260.60.780.040.410.84-0.82-0.12
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Tangshan Jidong Account Relationship Matchups

Tangshan Jidong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets60.7B58.9B60.3B62.0B59.9B62.9B
Other Current Liab1.7B2.0B360.4M2.5B1.3B989.8M
Total Current Liabilities22.4B13.8B13.5B13.6B15.5B9.7B
Total Stockholder Equity15.4B17.7B31.8B30.7B28.4B29.8B
Property Plant And Equipment Net33.6B33.1B33.6B34.5B33.9B35.6B
Net Debt10.6B8.3B9.7B13.8B15.2B8.3B
Accounts Payable5.1B4.3B4.4B4.5B4.8B5.0B
Cash6.0B5.9B7.5B6.4B6.2B6.5B
Non Current Assets Total43.3B43.0B44.3B45.9B45.9B48.2B
Non Currrent Assets Other170.7M158.7M159.2M1.6B1.7B1.8B
Cash And Short Term Investments6.0B5.9B7.5B6.4B6.2B6.5B
Net Receivables8.1B7.0B4.8B4.7B4.0B3.2B
Common Stock Shares Outstanding1.5B1.3B1.7B2.7B2.6B1.4B
Liabilities And Stockholders Equity60.7B58.9B60.3B62.0B59.9B62.9B
Non Current Liabilities Total9.5B13.0B13.0B15.8B13.6B14.3B
Inventory2.9B2.7B3.2B4.3B3.1B3.3B
Other Current Assets480.2M380.8M503.7M729.0M599.5M629.5M
Other Stockholder Equity6.3B5.8B17.5B17.3B17.0B17.8B
Total Liab31.9B26.8B26.6B29.4B29.1B16.1B
Total Current Assets17.4B16.0B16.0B16.2B14.0B7.4B
Short Long Term Debt Total16.6B14.2B17.2B20.2B21.4B11.4B
Current Deferred Revenue5.0B3.6B2.5B555.0M598.9M808.5M
Retained Earnings6.7B8.7B10.3B9.6B7.7B8.1B
Short Term Investments19.2M(1.1B)(1.2B)(1.4B)(1.3B)(1.2B)
Short Term Debt10.7B3.9B6.2B6.0B8.8B5.8B
Other Liab1.2B1.3B1.3B1.4B1.6B1.6B
Long Term Debt8.1B10.2B10.9B14.0B12.1B7.5B
Property Plant Equipment33.6B33.1B33.6B34.5B39.7B20.5B
Intangible Assets5.2B5.4B5.9B6.3B6.8B7.1B
Net Tangible Assets9.8B12.0B25.6B24.0B27.6B14.8B
Deferred Long Term Liab1.1B1.2B1.4B1.5B1.7B1.1B
Short Long Term Debt7.6B2.3B3.0B3.3B2.4B2.3B
Non Current Liabilities Other567.9M575.7M420.4M439.4M491.2M395.7M
Net Invested Capital28.8B30.3B45.7B48.0B43.3B39.7B
Net Working Capital(5.0B)2.2B2.5B2.6B(1.5B)(1.6B)
Capital Lease Obligations87.8M76.5M65.3M127.7M129.1M107.5M

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Other Information on Investing in Tangshan Stock

Balance Sheet is a snapshot of the financial position of Tangshan Jidong Cement at a specified time, usually calculated after every quarter, six months, or one year. Tangshan Jidong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tangshan Jidong 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 Tangshan currently owns. An asset can also be divided into two categories, current and non-current.