Guangdong Short Long Term Debt vs Good Will 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 Short Long Term Debt and its Good Will 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.

Short Long Term Debt vs Good Will

Short Long Term Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Fenghua Short Long Term Debt account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Guangdong Fenghua's Short Long Term Debt and Good Will is -0.21. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Good Will 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 Short Long Term Debt and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Guangdong Fenghua Advanced are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Long Term Debt i.e., Guangdong Fenghua's Short Long Term Debt and Good Will go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 November 29, 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.