Chengdu Change To Inventory vs Change To Account Receivables Analysis

000598 Stock

7.31 0.19 2.67%

Chengdu Xingrong financial indicator trend analysis is way more than just evaluating Chengdu Xingrong Inv prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chengdu Xingrong Inv is a good investment. Please check the relationship between Chengdu Xingrong Change To Inventory and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chengdu Xingrong Investment. 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.

Change To Inventory vs Change To Account Receivables

Change To Inventory vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chengdu Xingrong Inv Change To Inventory account and Change To Account Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Chengdu Xingrong's Change To Inventory and Change To Account Receivables is -0.38. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Chengdu Xingrong Investment, assuming nothing else is changed. The correlation between historical values of Chengdu Xingrong's Change To Inventory 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 Change To Inventory of Chengdu Xingrong Investment 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 Change To Inventory i.e., Chengdu Xingrong's Change To Inventory and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.38

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Change To Account Receivables

Most indicators from Chengdu Xingrong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chengdu Xingrong Inv 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 Chengdu Xingrong Investment. 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 141.7 M, whereas Tax Provision is forecasted to decline to about 249.2 M.

	2022	2023	2024	2025 (projected)
Operating Income	2.3B	2.5B	2.9B	3.1B
Total Revenue	7.6B	8.1B	9.3B	9.8B

Operating Income Total Revenue

Chengdu Xingrong fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Assets	Long Term Debt	Other Liab	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		-0.17	0.99	0.99	1.0	0.99	0.96	0.98	0.72	0.29	0.61	1.0	0.99	0.68	0.95	0.97	0.99	0.95	0.65	-0.82	0.47	0.83	0.49	0.88	0.71	0.89
Other Current Liab	-0.17		-0.07	-0.1	-0.14	-0.13	-0.12	-0.29	0.08	0.56	0.17	-0.22	-0.24	0.2	0.09	-0.07	-0.25	-0.07	-0.38	0.34	0.56	-0.47	0.28	-0.25	0.2	-0.28
Total Current Liabilities	0.99	-0.07		0.97	0.99	0.99	0.96	0.96	0.74	0.35	0.65	0.99	0.97	0.67	0.96	0.98	0.97	0.95	0.62	-0.78	0.54	0.77	0.52	0.87	0.74	0.88
Total Stockholder Equity	0.99	-0.1	0.97		0.99	0.97	0.97	0.96	0.73	0.34	0.55	0.97	0.96	0.79	0.97	0.93	0.96	0.92	0.63	-0.75	0.52	0.78	0.53	0.83	0.71	0.84
Retained Earnings	1.0	-0.14	0.99	0.99		0.99	0.96	0.98	0.76	0.33	0.6	0.99	0.99	0.7	0.95	0.97	0.99	0.93	0.63	-0.8	0.52	0.81	0.53	0.87	0.73	0.88
Accounts Payable	0.99	-0.13	0.99	0.97	0.99		0.94	0.96	0.75	0.32	0.68	0.99	0.98	0.66	0.95	0.99	0.98	0.95	0.6	-0.83	0.48	0.8	0.49	0.89	0.73	0.9
Cash	0.96	-0.12	0.96	0.97	0.96	0.94		0.93	0.67	0.33	0.6	0.95	0.94	0.76	0.94	0.92	0.94	0.91	0.6	-0.76	0.45	0.75	0.5	0.84	0.7	0.83
Net Receivables	0.98	-0.29	0.96	0.96	0.98	0.96	0.93		0.68	0.21	0.5	0.99	0.99	0.6	0.88	0.93	0.99	0.91	0.7	-0.83	0.42	0.89	0.47	0.88	0.66	0.9
Short Term Investments	0.72	0.08	0.74	0.73	0.76	0.75	0.67	0.68		0.5	0.45	0.7	0.7	0.58	0.74	0.74	0.72	0.61	0.4	-0.45	0.64	0.45	0.6	0.57	0.69	0.57
Inventory	0.29	0.56	0.35	0.34	0.33	0.32	0.33	0.21	0.5		0.29	0.25	0.22	0.43	0.45	0.34	0.3	0.31	-0.01	0.02	0.79	-0.18	0.67	0.22	0.59	0.14
Other Current Assets	0.61	0.17	0.65	0.55	0.6	0.68	0.6	0.5	0.45	0.29		0.63	0.6	0.36	0.68	0.75	0.57	0.7	0.08	-0.65	0.24	0.4	0.26	0.69	0.59	0.65
Total Liab	1.0	-0.22	0.99	0.97	0.99	0.99	0.95	0.99	0.7	0.25	0.63		0.99	0.62	0.92	0.97	0.99	0.95	0.65	-0.85	0.43	0.85	0.46	0.9	0.69	0.91
Intangible Assets	0.99	-0.24	0.97	0.96	0.99	0.98	0.94	0.99	0.7	0.22	0.6	0.99		0.62	0.9	0.96	0.99	0.93	0.65	-0.87	0.41	0.88	0.47	0.9	0.69	0.91
Common Stock	0.68	0.2	0.67	0.79	0.7	0.66	0.76	0.6	0.58	0.43	0.36	0.62	0.62		0.81	0.6	0.62	0.61	0.35	-0.36	0.49	0.37	0.46	0.45	0.53	0.45
Property Plant Equipment	0.95	0.09	0.96	0.97	0.95	0.95	0.94	0.88	0.74	0.45	0.68	0.92	0.9	0.81		0.94	0.91	0.93	0.51	-0.69	0.58	0.66	0.54	0.78	0.74	0.78
Other Assets	0.97	-0.07	0.98	0.93	0.97	0.99	0.92	0.93	0.74	0.34	0.75	0.97	0.96	0.6	0.94		0.95	0.95	0.54	-0.83	0.5	0.78	0.52	0.89	0.77	0.89
Long Term Debt	0.99	-0.25	0.97	0.96	0.99	0.98	0.94	0.99	0.72	0.3	0.57	0.99	0.99	0.62	0.91	0.95		0.93	0.65	-0.83	0.45	0.85	0.51	0.89	0.7	0.9
Other Liab	0.95	-0.07	0.95	0.92	0.93	0.95	0.91	0.91	0.61	0.31	0.7	0.95	0.93	0.61	0.93	0.95	0.93		0.55	-0.82	0.44	0.77	0.46	0.86	0.69	0.86
Good Will	0.65	-0.38	0.62	0.63	0.63	0.6	0.6	0.7	0.4	-0.01	0.08	0.65	0.65	0.35	0.51	0.54	0.65	0.55		-0.48	0.24	0.63	0.21	0.55	0.29	0.59
Net Tangible Assets	-0.82	0.34	-0.78	-0.75	-0.8	-0.83	-0.76	-0.83	-0.45	0.02	-0.65	-0.85	-0.87	-0.36	-0.69	-0.83	-0.83	-0.82	-0.48		-0.06	-0.9	-0.27	-0.91	-0.56	-0.91
Other Stockholder Equity	0.47	0.56	0.54	0.52	0.52	0.48	0.45	0.42	0.64	0.79	0.24	0.43	0.41	0.49	0.58	0.5	0.45	0.44	0.24	-0.06		0.1	0.78	0.29	0.69	0.26
Deferred Long Term Liab	0.83	-0.47	0.77	0.78	0.81	0.8	0.75	0.89	0.45	-0.18	0.4	0.85	0.88	0.37	0.66	0.78	0.85	0.77	0.63	-0.9	0.1		0.23	0.79	0.43	0.83
Short Long Term Debt	0.49	0.28	0.52	0.53	0.53	0.49	0.5	0.47	0.6	0.67	0.26	0.46	0.47	0.46	0.54	0.52	0.51	0.46	0.21	-0.27	0.78	0.23		0.4	0.9	0.35
Total Current Assets	0.88	-0.25	0.87	0.83	0.87	0.89	0.84	0.88	0.57	0.22	0.69	0.9	0.9	0.45	0.78	0.89	0.89	0.86	0.55	-0.91	0.29	0.79	0.4		0.7	0.99
Short Term Debt	0.71	0.2	0.74	0.71	0.73	0.73	0.7	0.66	0.69	0.59	0.59	0.69	0.69	0.53	0.74	0.77	0.7	0.69	0.29	-0.56	0.69	0.43	0.9	0.7		0.65
Non Current Assets Total	0.89	-0.28	0.88	0.84	0.88	0.9	0.83	0.9	0.57	0.14	0.65	0.91	0.91	0.45	0.78	0.89	0.9	0.86	0.59	-0.91	0.26	0.83	0.35	0.99	0.65

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Chengdu Xingrong Account Relationship Matchups

Chengdu Xingrong fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	30.9B	34.5B	38.3B	43.6B	50.1B	52.6B
Other Current Liab	1.5B	1.6B	147.3M	133.2M	153.2M	145.5M
Total Current Liabilities	8.5B	8.3B	8.1B	9.9B	11.4B	12.0B
Total Stockholder Equity	12.3B	13.5B	14.8B	16.6B	19.1B	20.1B
Retained Earnings	7.6B	8.8B	9.5B	11.0B	12.6B	13.3B
Accounts Payable	5.0B	5.3B	5.4B	6.1B	7.0B	7.3B
Cash	3.4B	3.2B	3.7B	3.9B	4.5B	4.7B
Net Receivables	1.3B	1.8B	2.1B	2.7B	3.1B	3.3B
Inventory	398.7M	202.9M	229.7M	228.0M	262.2M	235.3M
Other Current Assets	504.3M	406.7M	398.5M	212.8M	244.7M	141.4M
Total Liab	17.7B	20.2B	22.6B	25.8B	29.6B	31.1B
Intangible Assets	7.4B	10.7B	11.5B	13.2B	15.1B	15.9B
Property Plant Equipment	11.4B	12.0B	14.7B	14.4B	16.5B	17.4B
Other Assets	1.5B	1.9B	3.1B	3.2B	3.7B	3.9B
Long Term Debt	5.7B	7.9B	9.7B	10.7B	12.4B	13.0B
Other Liab	843.0M	1.1B	1.4B	1.5B	1.7B	1.8B
Net Tangible Assets	5.1B	4.9B	2.7B	3.3B	3.0B	4.0B
Other Stockholder Equity	19.5M	15.2M	12.1M	11.1M	12.7M	14.4M
Deferred Long Term Liab	4.4M	2.6M	1.4M	35.0M	40.3M	42.3M
Short Long Term Debt	600M	701.0M	300.3M	436.3M	501.7M	515.5M
Total Current Assets	6.0B	6.2B	7.4B	7.7B	8.9B	5.7B
Non Current Assets Total	24.9B	28.3B	30.9B	35.8B	41.2B	25.6B
Non Currrent Assets Other	666.6M	1.1B	1.4B	1.5B	1.8B	1.9B
Non Current Liabilities Total	9.2B	11.9B	14.5B	15.8B	18.2B	9.7B
Non Current Liabilities Other	597.0M	728.2M	799.8M	1.0B	1.2B	1.2B
Net Debt	2.6B	5.1B	5.9B	6.8B	7.9B	4.4B
Net Invested Capital	18.3B	21.8B	24.5B	27.4B	31.5B	21.7B
Net Working Capital	(2.5B)	(2.1B)	(731.8M)	(2.2B)	(2.0B)	(2.1B)
Property Plant And Equipment Net	14.4B	14.4B	15.9B	18.8B	21.7B	16.6B
Property Plant And Equipment Gross	19.2B	19.8B	15.9B	25.2B	28.9B	21.2B

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Other Information on Investing in Chengdu Stock

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

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Chengdu Change To Inventory vs Change To Account Receivables Analysis

Change To Inventory vs Change To Account Receivables

Change To Inventory vs Change To Account Receivables Correlation Analysis

Correlation Coefficient

Change To Inventory

Change To Account Receivables

Chengdu Xingrong fundamental ratios Correlations

Chengdu Xingrong Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chengdu Xingrong fundamental ratios Accounts

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Other Information on Investing in Chengdu Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Total Assets

Non Current Assets Total	- 0.91	Net Tangible Assets
Total Current Assets	- 0.91	Net Tangible Assets
Deferred Long Term Liab	- 0.9	Net Tangible Assets
Net Tangible Assets	- 0.87	Intangible Assets
Net Tangible Assets	- 0.85	Total Liab
Net Tangible Assets	- 0.83	Long Term Debt