Guangdong Long Term Investments vs Total Assets Analysis

000636 Stock   15.35  0.22  1.45%   
Guangdong Fenghua financial indicator trend analysis is much more than just examining Guangdong Fenghua latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Fenghua is a good investment. Please check the relationship between Guangdong Fenghua Long Term Investments and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Fenghua Advanced. 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 Total Assets

Long Term Investments vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Fenghua Long Term Investments account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Guangdong Fenghua's Long Term Investments and Total Assets is -0.78. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Guangdong Fenghua Advanced, assuming nothing else is changed. The correlation between historical values of Guangdong Fenghua's Long Term Investments 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 Long Term Investments of Guangdong Fenghua Advanced 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 Long Term Investments i.e., Guangdong Fenghua's Long Term Investments and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

Long Term Investments

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

Total Assets

Total assets refers to the total amount of Guangdong Fenghua 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 Guangdong Fenghua 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 Guangdong Fenghua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Fenghua 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 Guangdong Fenghua Advanced. 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 December 1, 2024, Selling General Administrative is expected to decline to about 63.3 M. In addition to that, Tax Provision is expected to decline to about 1.9 M
 2021 2022 2023 2024 (projected)
Income Before Tax1.1B347.4M183.2M279.2M
Cost Of Revenue3.4B3.2B3.6B2.0B

Guangdong Fenghua fundamental ratios Correlations

0.380.770.990.950.90.970.920.20.860.410.750.090.770.940.770.970.120.83-0.81-0.660.86-0.780.140.83-0.04
0.380.60.320.380.650.230.260.750.680.380.580.530.620.50.280.430.010.6-0.66-0.450.66-0.510.580.3-0.17
0.770.60.710.760.790.740.60.530.830.650.890.430.990.820.830.760.180.79-0.65-0.60.87-0.660.510.690.13
0.990.320.710.930.880.960.940.120.820.380.70.00.710.910.760.950.130.81-0.81-0.660.83-0.780.050.84-0.06
0.950.380.760.930.870.950.830.360.830.330.80.240.780.870.690.98-0.010.84-0.79-0.550.81-0.70.140.74-0.14
0.90.650.790.880.870.810.770.40.860.480.850.290.80.880.70.910.190.89-0.95-0.790.93-0.890.320.7-0.12
0.970.230.740.960.950.810.850.170.780.450.710.050.730.90.750.950.130.74-0.7-0.620.79-0.730.130.740.04
0.920.260.60.940.830.770.850.010.780.160.51-0.060.610.830.680.84-0.080.76-0.73-0.470.71-0.61-0.160.92-0.23
0.20.750.530.120.360.40.170.010.490.250.510.610.550.240.160.33-0.150.45-0.42-0.210.46-0.30.520.12-0.18
0.860.680.830.820.830.860.780.780.490.320.750.380.850.860.60.87-0.020.81-0.78-0.530.86-0.650.410.76-0.05
0.410.380.650.380.330.480.450.160.250.320.580.010.580.580.660.360.650.34-0.39-0.730.58-0.640.60.140.49
0.750.580.890.70.80.850.710.510.510.750.580.50.910.760.740.810.190.83-0.71-0.650.87-0.730.50.550.03
0.090.530.430.00.240.290.05-0.060.610.380.010.50.480.12-0.050.23-0.250.3-0.180.050.25-0.030.470.02-0.17
0.770.620.990.710.780.80.730.610.550.850.580.910.480.810.810.770.120.82-0.66-0.560.87-0.640.50.70.07
0.940.50.820.910.870.880.90.830.240.860.580.760.120.810.770.880.150.76-0.77-0.660.85-0.750.320.70.03
0.770.280.830.760.690.70.750.680.160.60.660.74-0.050.810.770.690.310.77-0.61-0.650.8-0.690.170.770.14
0.970.430.760.950.980.910.950.840.330.870.360.810.230.770.880.690.070.86-0.83-0.640.88-0.790.20.76-0.09
0.120.010.180.13-0.010.190.13-0.08-0.15-0.020.650.19-0.250.120.150.310.07-0.01-0.16-0.680.24-0.440.49-0.080.81
0.830.60.790.810.840.890.740.760.450.810.340.830.30.820.760.770.86-0.01-0.88-0.60.92-0.760.160.81-0.27
-0.81-0.66-0.65-0.81-0.79-0.95-0.7-0.73-0.42-0.78-0.39-0.71-0.18-0.66-0.77-0.61-0.83-0.16-0.880.75-0.870.87-0.21-0.650.24
-0.66-0.45-0.6-0.66-0.55-0.79-0.62-0.47-0.21-0.53-0.73-0.650.05-0.56-0.66-0.65-0.64-0.68-0.60.75-0.810.95-0.43-0.42-0.31
0.860.660.870.830.810.930.790.710.460.860.580.870.250.870.850.80.880.240.92-0.87-0.81-0.90.410.740.0
-0.78-0.51-0.66-0.78-0.7-0.89-0.73-0.61-0.3-0.65-0.64-0.73-0.03-0.64-0.75-0.69-0.79-0.44-0.760.870.95-0.9-0.32-0.55-0.06
0.140.580.510.050.140.320.13-0.160.520.410.60.50.470.50.320.170.20.490.16-0.21-0.430.41-0.32-0.130.59
0.830.30.690.840.740.70.740.920.120.760.140.550.020.70.70.770.76-0.080.81-0.65-0.420.74-0.55-0.13-0.2
-0.04-0.170.13-0.06-0.14-0.120.04-0.23-0.18-0.050.490.03-0.170.070.030.14-0.090.81-0.270.24-0.310.0-0.060.59-0.2
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Guangdong Fenghua Account Relationship Matchups

Guangdong Fenghua fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.0B8.8B10.8B15.8B15.6B16.4B
Other Current Liab150.8M478.9M406.5M281.5M204.7M180.8M
Total Current Liabilities1.1B2.2B2.7B2.8B2.7B1.5B
Total Stockholder Equity5.6B6.0B6.9B11.9B11.9B12.5B
Other Liab179.9M230.0M250.8M504.3M579.9M608.9M
Retained Earnings2.1B2.5B3.4B3.4B2.9B3.0B
Accounts Payable757.9M914.3M1.3B1.7B2.1B2.2B
Cash1.5B2.0B1.2B5.4B4.3B4.5B
Other Assets229.7M597.7M658.6M283.3M325.8M218.5M
Net Receivables996.5M1.4B1.1B908.7M1.2B860.9M
Inventory456.7M507.8M857.8M655.9M695.9M504.0M
Other Current Assets23.9M72.9M248.9M102.3M34.1M32.4M
Total Liab1.4B2.7B3.7B3.8B3.5B1.8B
Intangible Assets103.8M243.7M226.7M285.9M284.4M298.6M
Property Plant Equipment2.4B2.3B3.0B5.1B5.9B6.2B
Short Term Investments340.4M397M349M118.2M135.9M123.2M
Net Tangible Assets5.2B5.4B5.7B6.7B7.7B5.6B
Other Stockholder Equity153.4M206.3M238.0M205.9M185.3M200.5M
Deferred Long Term Liab87.8M136.8M149.4M150.5M173.1M115.2M
Short Long Term Debt35.0M505.3M643.0M78.1M34.1M32.4M
Total Current Assets3.3B4.0B3.5B7.8B6.9B4.6B
Non Current Assets Total3.7B4.8B7.4B8.0B8.6B6.0B
Non Currrent Assets Other46.0M3.3B425.2M71.3M76.7M72.9M
Non Current Liabilities Total231.5M502.2M1.0B962.1M804.2M582.0M
Net Invested Capital5.6B6.5B8.1B12.6B12.4B8.7B
Net Working Capital2.2B1.7B758.8M4.9B4.3B2.7B

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Other Information on Investing in Guangdong Stock

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