ChengDu Long Term Investments vs Deferred Long Term Liab Analysis

000628 Stock

57.95 0.78 1.36%

ChengDu Hi financial indicator trend analysis is way more than just evaluating ChengDu Hi Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ChengDu Hi Tech is a good investment. Please check the relationship between ChengDu Hi Long Term Investments and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ChengDu Hi Tech Development. 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.

Long Term Investments vs Deferred Long Term Liab

Long Term Investments vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ChengDu Hi Tech Long Term Investments account and Deferred Long Term Liab. At this time, the significance of the direction appears to have very week relationship.

The correlation between ChengDu Hi's Long Term Investments and Deferred Long Term Liab is 0.21. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of ChengDu Hi Tech Development, assuming nothing else is changed. The correlation between historical values of ChengDu Hi's Long Term Investments and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of ChengDu Hi Tech Development are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Long Term Investments i.e., ChengDu Hi's Long Term Investments and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.21

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of ChengDu Hi balance sheet that represents investments ChengDu Hi Tech intends to hold for over a year. ChengDu Hi Tech Development long term investments may include different instruments such as stocks, bonds, real estate and cash.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Most indicators from ChengDu Hi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ChengDu Hi Tech 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 Hi Tech Development. 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 102 M. The current year's Tax Provision is expected to grow to about 270.2 M

	2022	2024	2025 (projected)
Income Tax Expense	62.4M	71.8M	75.4M
Net Income	199.1M	420.8M	441.9M

Income Tax Expense Net Income

ChengDu Hi fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Inventory	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Short Term Investments	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.95	-0.48	0.94	1.0	0.64	-0.02	0.93	-0.61	1.0	0.83	0.66	-0.48	0.19	0.69	-0.14	0.9	0.87	0.04	0.92	0.41	0.9	0.35	0.63	0.91	0.9
Total Stockholder Equity	0.95		-0.69	0.95	0.95	0.59	0.07	0.91	-0.59	0.93	0.75	0.74	-0.47	0.09	0.74	-0.23	0.83	0.86	0.0	0.89	0.49	0.85	0.33	0.64	0.85	0.91
Other Liab	-0.48	-0.69		-0.52	-0.47	-0.44	-0.36	-0.39	0.27	-0.43	-0.23	-0.76	0.41	0.06	-0.59	0.02	-0.42	-0.55	-0.09	-0.42	-0.43	-0.36	-0.29	-0.55	-0.45	-0.58
Retained Earnings	0.94	0.95	-0.52		0.95	0.43	0.03	0.95	-0.62	0.93	0.82	0.54	-0.25	-0.11	0.65	-0.28	0.84	0.81	-0.04	0.91	0.37	0.9	0.28	0.54	0.85	0.85
Accounts Payable	1.0	0.95	-0.47	0.95		0.6	0.02	0.95	-0.62	0.99	0.85	0.63	-0.43	0.15	0.65	-0.2	0.89	0.84	0.02	0.95	0.34	0.92	0.33	0.58	0.89	0.87
Cash	0.64	0.59	-0.44	0.43	0.6		-0.11	0.37	-0.51	0.64	0.34	0.82	-0.82	0.58	0.63	0.4	0.76	0.79	0.29	0.52	0.36	0.42	0.37	0.64	0.78	0.64
Other Assets	-0.02	0.07	-0.36	0.03	0.02	-0.11		0.03	0.04	-0.03	0.08	0.14	0.17	-0.23	-0.26	-0.08	-0.01	-0.12	-0.05	0.02	-0.28	0.06	0.31	-0.25	-0.04	-0.17
Long Term Debt	0.93	0.91	-0.39	0.95	0.95	0.37	0.03		-0.54	0.92	0.89	0.5	-0.23	0.04	0.58	-0.47	0.77	0.71	-0.15	0.92	0.25	0.94	0.2	0.4	0.78	0.77
Inventory	-0.61	-0.59	0.27	-0.62	-0.62	-0.51	0.04	-0.54		-0.6	-0.46	-0.39	0.2	0.03	-0.26	-0.01	-0.61	-0.64	-0.05	-0.65	-0.11	-0.51	-0.12	-0.13	-0.61	-0.42
Total Liab	1.0	0.93	-0.43	0.93	0.99	0.64	-0.03	0.92	-0.6		0.83	0.63	-0.47	0.21	0.67	-0.13	0.9	0.86	0.05	0.92	0.38	0.9	0.35	0.62	0.9	0.89
Intangible Assets	0.83	0.75	-0.23	0.82	0.85	0.34	0.08	0.89	-0.46	0.83		0.36	-0.05	0.07	0.41	-0.38	0.69	0.51	-0.4	0.75	0.04	0.98	0.15	0.23	0.68	0.58
Common Stock	0.66	0.74	-0.76	0.54	0.63	0.82	0.14	0.5	-0.39	0.63	0.36		-0.79	0.49	0.73	0.03	0.7	0.8	0.13	0.55	0.49	0.47	0.44	0.63	0.73	0.71
Property Plant Equipment	-0.48	-0.47	0.41	-0.25	-0.43	-0.82	0.17	-0.23	0.2	-0.47	-0.05	-0.79		-0.71	-0.61	-0.27	-0.53	-0.69	-0.39	-0.36	-0.57	-0.15	-0.38	-0.67	-0.56	-0.61
Good Will	0.19	0.09	0.06	-0.11	0.15	0.58	-0.23	0.04	0.03	0.21	0.07	0.49	-0.71		0.26	0.05	0.2	0.24	0.06	0.09	0.15	0.06	0.17	0.2	0.21	0.17
Short Term Investments	0.69	0.74	-0.59	0.65	0.65	0.63	-0.26	0.58	-0.26	0.67	0.41	0.73	-0.61	0.26		0.0	0.69	0.79	0.03	0.52	0.69	0.55	0.21	0.83	0.72	0.87
Other Current Liab	-0.14	-0.23	0.02	-0.28	-0.2	0.4	-0.08	-0.47	-0.01	-0.13	-0.38	0.03	-0.27	0.05	0.0		0.1	0.12	0.48	-0.27	0.21	-0.36	0.28	0.37	0.08	0.02
Total Current Liabilities	0.9	0.83	-0.42	0.84	0.89	0.76	-0.01	0.77	-0.61	0.9	0.69	0.7	-0.53	0.2	0.69	0.1		0.93	0.16	0.82	0.39	0.77	0.48	0.66	1.0	0.84
Net Tangible Assets	0.87	0.86	-0.55	0.81	0.84	0.79	-0.12	0.71	-0.64	0.86	0.51	0.8	-0.69	0.24	0.79	0.12	0.93		0.24	0.77	0.63	0.63	0.48	0.77	0.95	0.91
Net Receivables	0.04	0.0	-0.09	-0.04	0.02	0.29	-0.05	-0.15	-0.05	0.05	-0.4	0.13	-0.39	0.06	0.03	0.48	0.16	0.24		0.22	0.05	-0.32	0.2	0.41	0.15	0.18
Other Current Assets	0.92	0.89	-0.42	0.91	0.95	0.52	0.02	0.92	-0.65	0.92	0.75	0.55	-0.36	0.09	0.52	-0.27	0.82	0.77	0.22		0.17	0.82	0.23	0.48	0.82	0.77
Other Stockholder Equity	0.41	0.49	-0.43	0.37	0.34	0.36	-0.28	0.25	-0.11	0.38	0.04	0.49	-0.57	0.15	0.69	0.21	0.39	0.63	0.05	0.17		0.16	0.4	0.74	0.43	0.71
Deferred Long Term Liab	0.9	0.85	-0.36	0.9	0.92	0.42	0.06	0.94	-0.51	0.9	0.98	0.47	-0.15	0.06	0.55	-0.36	0.77	0.63	-0.32	0.82	0.16		0.21	0.36	0.77	0.7
Long Term Investments	0.35	0.33	-0.29	0.28	0.33	0.37	0.31	0.2	-0.12	0.35	0.15	0.44	-0.38	0.17	0.21	0.28	0.48	0.48	0.2	0.23	0.4	0.21		0.41	0.47	0.4
Short Long Term Debt	0.63	0.64	-0.55	0.54	0.58	0.64	-0.25	0.4	-0.13	0.62	0.23	0.63	-0.67	0.2	0.83	0.37	0.66	0.77	0.41	0.48	0.74	0.36	0.41		0.68	0.88
Total Current Assets	0.91	0.85	-0.45	0.85	0.89	0.78	-0.04	0.78	-0.61	0.9	0.68	0.73	-0.56	0.21	0.72	0.08	1.0	0.95	0.15	0.82	0.43	0.77	0.47	0.68		0.86
Short Term Debt	0.9	0.91	-0.58	0.85	0.87	0.64	-0.17	0.77	-0.42	0.89	0.58	0.71	-0.61	0.17	0.87	0.02	0.84	0.91	0.18	0.77	0.71	0.7	0.4	0.88	0.86

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ChengDu Hi Account Relationship Matchups

ChengDu Hi fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.3B	10.8B	13.7B	13.6B	15.7B	16.4B
Total Stockholder Equity	1.5B	1.6B	1.8B	2.1B	2.4B	2.5B
Other Liab	51.2M	8.4M	15.0M	50.3M	45.3M	43.0M
Retained Earnings	174.7M	292.2M	485.3M	818.2M	940.9M	987.9M
Accounts Payable	3.1B	5.2B	6.6B	7.3B	8.4B	8.8B
Cash	1.7B	2.2B	2.6B	1.6B	1.9B	958.0M
Other Assets	152.2M	142.0M	187.7M	191.8M	220.6M	193.7M
Long Term Debt	329.1M	496.4M	777.4M	1.6B	1.8B	1.9B
Inventory	13.3M	6.9M	67.1M	122.3M	110.0M	104.5M
Total Liab	6.6B	9.2B	11.7B	11.4B	13.1B	13.8B
Intangible Assets	46.5M	35.1M	178.6M	166.5M	191.5M	201.1M
Property Plant Equipment	99.2M	69.1M	56.9M	109.1M	98.2M	153.9M
Other Current Liab	2.4B	2.8B	3.3B	785.9M	903.8M	858.6M
Total Current Liabilities	6.3B	8.6B	10.9B	9.8B	11.2B	6.2B
Net Tangible Assets	960.4M	1.5B	1.5B	1.4B	1.6B	1.1B
Net Receivables	788.6M	7.5B	1.0B	650.8M	748.4M	711.0M
Other Current Assets	27.2M	257.7M	145.6M	250.6M	288.2M	302.7M
Other Stockholder Equity	38.6M	58.5M	13.3M	12.9M	14.9M	17.6M
Deferred Long Term Liab	7.8M	7.1M	3.4M	56.9M	65.5M	68.7M
Short Long Term Debt	200.3M	260.3M	245.2M	125.1M	143.9M	155.6M
Total Current Assets	7.9B	10.2B	12.6B	11.6B	13.4B	7.3B
Non Current Assets Total	481.6M	653.5M	1.1B	2.0B	2.3B	2.4B
Non Currrent Assets Other	10.6M	74.8M	85.4M	69.3M	79.7M	83.6M
Non Current Liabilities Total	338.0M	517.0M	831.5M	1.7B	1.9B	2.0B
Non Current Liabilities Other	6.1M	12.8M	12.8M	15.5M	13.9M	13.2M
Net Invested Capital	2.1B	2.3B	2.8B	3.8B	4.4B	2.3B
Net Working Capital	1.5B	1.5B	1.8B	1.9B	2.1B	1.4B
Property Plant And Equipment Net	69.1M	56.9M	109.1M	502.7M	578.1M	607.0M
Property Plant And Equipment Gross	156.7M	106.0M	109.1M	565.6M	650.4M	682.9M

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Other Information on Investing in ChengDu Stock

Balance Sheet is a snapshot of the financial position of ChengDu Hi Tech at a specified time, usually calculated after every quarter, six months, or one year. ChengDu Hi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ChengDu Hi 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 Long Term Investments vs Deferred Long Term Liab Analysis

Long Term Investments vs Deferred Long Term Liab

Long Term Investments vs Deferred Long Term Liab Correlation Analysis

Correlation Coefficient

Long Term Investments

Deferred Long Term Liab

ChengDu Hi fundamental ratios Correlations

ChengDu Hi Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ChengDu Hi fundamental ratios Accounts

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Other Information on Investing in ChengDu Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Current Liabilities
Total Liab	+ 0.99	Accounts Payable
Deferred Long Term Liab	+ 0.98	Intangible Assets
Total Stockholder Equity	+ 0.95	Total Assets

Property Plant Equipment	- 0.82	Cash
Property Plant Equipment	- 0.79	Common Stock
Common Stock	- 0.76	Other Liab
Good Will	- 0.71	Property Plant Equipment
Net Tangible Assets	- 0.69	Property Plant Equipment
Other Liab	- 0.69	Total Stockholder Equity