Guangzhou Intangible Assets vs Short Term Investments Analysis

000524 Stock   9.55  0.27  2.75%   
Guangzhou Dongfang financial indicator trend analysis is much more than just examining Guangzhou Dongfang Hotel latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Dongfang Hotel is a good investment. Please check the relationship between Guangzhou Dongfang Intangible Assets and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Dongfang Hotel. 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.

Intangible Assets vs Short Term Investments

Intangible Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Dongfang Hotel Intangible Assets account and Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Guangzhou Dongfang's Intangible Assets and Short Term Investments is 0.26. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Guangzhou Dongfang Hotel, assuming nothing else is changed. The correlation between historical values of Guangzhou Dongfang's Intangible Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Guangzhou Dongfang Hotel are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Intangible Assets i.e., Guangzhou Dongfang's Intangible Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Short Term Investments

Short Term Investments is an item under the current assets section of Guangzhou Dongfang balance sheet. It contains any investments Guangzhou Dongfang Hotel undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Guangzhou Dongfang Hotel can easily liquidate in the marketplace.
Most indicators from Guangzhou Dongfang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Dongfang Hotel 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 Guangzhou Dongfang Hotel. 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.
As of November 24, 2024, Selling General Administrative is expected to decline to about 240 M. In addition to that, Tax Provision is expected to decline to about 19.7 M
 2021 2023 2024 (projected)
Other Operating Expenses14.8M13.3M26.5M
Gross Profit297.1M710.3M447.2M

Guangzhou Dongfang fundamental ratios Correlations

0.660.870.990.540.690.720.940.690.630.420.160.730.950.930.930.690.95-0.870.710.190.890.840.150.680.49
0.660.860.60.580.980.680.630.490.820.480.60.980.660.470.440.550.53-0.450.630.330.750.4-0.420.260.49
0.870.860.830.670.830.880.830.780.850.490.570.910.860.760.750.830.83-0.780.860.20.930.660.070.550.42
0.990.60.830.510.630.650.920.720.570.360.140.660.920.950.970.710.95-0.890.720.150.850.850.190.740.42
0.540.580.670.510.560.590.470.620.520.180.540.610.530.490.490.460.52-0.510.660.240.570.450.040.30.31
0.690.980.830.630.560.610.660.430.760.510.480.950.680.490.460.490.54-0.440.570.360.740.43-0.470.280.5
0.720.680.880.650.590.610.710.760.790.340.580.780.820.680.60.80.77-0.720.820.30.840.680.330.330.55
0.940.630.830.920.470.660.710.680.610.490.080.720.950.910.850.640.93-0.890.68-0.050.950.740.210.780.33
0.690.490.780.720.620.430.760.680.570.10.590.560.70.810.740.920.84-0.90.980.10.790.740.480.670.22
0.630.820.850.570.520.760.790.610.570.460.580.850.660.50.470.620.58-0.520.680.250.750.43-0.060.260.43
0.420.480.490.360.180.510.340.490.10.460.010.480.440.260.240.210.32-0.230.17-0.120.490.13-0.140.36-0.13
0.160.60.570.140.540.480.580.080.590.580.010.590.160.110.110.630.2-0.240.690.330.350.15-0.05-0.020.21
0.730.980.910.660.610.950.780.720.560.850.480.590.740.550.510.60.62-0.540.680.260.830.46-0.270.320.51
0.950.660.860.920.530.680.820.950.70.660.440.160.740.920.840.680.95-0.860.720.220.930.860.230.620.55
0.930.470.760.950.490.490.680.910.810.50.260.110.550.920.930.730.99-0.960.770.10.860.910.410.780.38
0.930.440.750.970.490.460.60.850.740.470.240.110.510.840.930.730.94-0.910.710.070.770.830.350.760.32
0.690.550.830.710.460.490.80.640.920.620.210.630.60.680.730.730.8-0.820.940.170.770.70.410.570.25
0.950.530.830.950.520.540.770.930.840.580.320.20.620.950.990.940.8-0.970.820.130.90.90.410.760.4
-0.87-0.45-0.78-0.89-0.51-0.44-0.72-0.89-0.9-0.52-0.23-0.24-0.54-0.86-0.96-0.91-0.82-0.97-0.860.05-0.88-0.83-0.5-0.84-0.23
0.710.630.860.720.660.570.820.680.980.680.170.690.680.720.770.710.940.82-0.860.180.820.710.350.610.28
0.190.330.20.150.240.360.3-0.050.10.25-0.120.330.260.220.10.070.170.130.050.180.00.46-0.23-0.440.8
0.890.750.930.850.570.740.840.950.790.750.490.350.830.930.860.770.770.9-0.880.820.00.690.190.710.34
0.840.40.660.850.450.430.680.740.740.430.130.150.460.860.910.830.70.9-0.830.710.460.690.40.520.61
0.15-0.420.070.190.04-0.470.330.210.48-0.06-0.14-0.05-0.270.230.410.350.410.41-0.50.35-0.230.190.40.38-0.13
0.680.260.550.740.30.280.330.780.670.260.36-0.020.320.620.780.760.570.76-0.840.61-0.440.710.520.38-0.24
0.490.490.420.420.310.50.550.330.220.43-0.130.210.510.550.380.320.250.4-0.230.280.80.340.61-0.13-0.24
Click cells to compare fundamentals

Guangzhou Dongfang Account Relationship Matchups

Guangzhou Dongfang fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B3.5B3.1B3.0B3.3B1.8B
Other Current Liab950.0M516.4M369.2M10.9M20.0M19.0M
Total Current Liabilities1.9B1.0B769.7M801.0M1.1B548.8M
Total Stockholder Equity2.7B2.3B2.2B2.0B2.1B1.2B
Other Liab126.1M125.0M108.0M94.3M108.4M62.4M
Retained Earnings732.5M412.3M284.5M(107.9M)(39.1M)(37.1M)
Accounts Payable460.3M75.2M95.1M257.5M345.9M363.2M
Cash2.6B1.6B1.4B1.1B1.3B1.4B
Other Assets285.2M275.7M344.3M310.9M357.6M375.5M
Net Receivables243.0M94.9M71.4M73.4M126.4M78.0M
Short Term Investments101.8M1.7M1.7M500.0K368.3K349.9K
Inventory16.0M13.3M14.0M15.8M12.5M10.9M
Other Current Assets249.0M109.1M74.6M25.4M22.4M21.3M
Total Liab2.0B1.1B889.9M939.3M1.2B1.3B
Intangible Assets559.6M536.3M516.6M501.5M482.5M506.7M
Property Plant Equipment548.6M597.7M553.2M560.9M645.0M560.6M
Net Tangible Assets1.9B2.0B1.7B1.6B1.9B1.7B
Other Stockholder Equity49.2M52.1M51.1M54.2M48.8M50.6M
Deferred Long Term Liab205.2M210.3M222.9M187.5M215.7M211.9M
Total Current Assets3.2B1.9B1.6B1.3B1.7B2.0B
Non Current Assets Total1.6B1.6B1.5B1.7B1.7B1.8B
Non Currrent Assets Other7.0M3.1M3.2M208.8M213.9M224.6M
Good Will81.4M99.4M69.3M60.4M57.5M58.0M
Non Current Liabilities Total125.0M108.0M120.2M138.3M136.9M156.9M
Short Long Term Debt376.8M27.9M510K24.9M22.4M21.3M
Net Invested Capital3.0B2.4B2.2B2.1B2.1B2.0B
Net Working Capital1.3B892.0M835.1M480.6M596.2M672.7M

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Other Information on Investing in Guangzhou Stock

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