China Net Working Capital vs Non Current Assets Total Analysis

001289 Stock   17.23  0.53  2.98%   
China Longyuan financial indicator trend analysis is way more than just evaluating China Longyuan Power prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Longyuan Power is a good investment. Please check the relationship between China Longyuan Net Working Capital and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Longyuan Power. 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.

Net Working Capital vs Non Current Assets Total

Net Working Capital vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Longyuan Power Net Working Capital account and Non Current Assets Total. At this time, the significance of the direction appears to have pay attention.
The correlation between China Longyuan's Net Working Capital and Non Current Assets Total is -0.83. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of China Longyuan Power, assuming nothing else is changed. The correlation between historical values of China Longyuan's Net Working Capital and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of China Longyuan Power are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Working Capital i.e., China Longyuan's Net Working Capital and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Working Capital

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from China Longyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Longyuan Power 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 China Longyuan Power. 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 Tax Provision is expected to grow to about 1.5 B. The current year's Selling General Administrative is expected to grow to about 170.6 M
 2021 2022 2023 2024 (projected)
Interest Expense3.1B3.5B3.4B3.6B
Interest Income33.5M182.8M231.5M138.9M

China Longyuan fundamental ratios Correlations

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0.760.820.730.260.710.50.890.70.770.7-0.840.620.370.520.69-0.21-0.740.50.770.660.190.850.370.68-0.39
0.990.820.980.740.980.90.720.980.780.98-0.920.950.740.790.980.34-0.920.821.00.970.70.990.740.64-0.72
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0.80.260.740.810.850.950.10.860.60.85-0.660.830.910.680.860.71-0.750.650.80.880.970.670.910.46-0.88
0.990.710.980.980.850.960.60.990.761.0-0.890.970.830.791.00.45-0.90.820.990.990.810.960.830.61-0.79
0.940.50.90.950.950.960.360.960.70.96-0.820.960.850.830.960.66-0.860.820.930.970.90.860.850.58-0.84
0.650.890.720.590.10.60.360.570.420.6-0.580.560.270.360.59-0.22-0.550.540.670.550.140.780.270.28-0.17
0.990.70.980.990.860.990.960.570.780.99-0.90.960.830.821.00.47-0.940.820.991.00.810.950.830.64-0.83
0.780.770.780.780.60.760.70.420.780.75-0.940.630.580.620.750.06-0.830.40.770.740.440.750.580.93-0.7
0.990.70.980.980.851.00.960.60.990.75-0.870.960.850.771.00.45-0.910.810.991.00.830.960.850.58-0.81
-0.91-0.84-0.92-0.92-0.66-0.89-0.82-0.58-0.9-0.94-0.87-0.82-0.6-0.81-0.88-0.240.91-0.67-0.9-0.87-0.53-0.9-0.6-0.890.71
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0.780.370.740.750.910.830.850.270.830.580.85-0.60.740.420.850.4-0.750.490.790.850.930.681.00.32-0.87
0.810.520.790.870.680.790.830.360.820.620.77-0.810.860.420.780.69-0.760.910.790.80.560.780.420.7-0.61
0.990.690.980.980.861.00.960.591.00.751.0-0.880.960.850.780.46-0.910.810.991.00.830.950.850.59-0.81
0.42-0.210.340.480.710.450.66-0.220.470.060.45-0.240.60.40.690.46-0.330.690.390.510.690.290.40.13-0.48
-0.93-0.74-0.92-0.95-0.75-0.9-0.86-0.55-0.94-0.83-0.910.91-0.82-0.75-0.76-0.91-0.33-0.71-0.92-0.92-0.66-0.89-0.75-0.740.89
0.830.50.820.860.650.820.820.540.820.40.81-0.670.920.490.910.810.69-0.710.820.830.640.820.490.4-0.54
1.00.771.00.990.80.990.930.670.990.770.99-0.90.960.790.790.990.39-0.920.820.990.760.980.790.62-0.77
0.990.660.970.980.880.990.970.551.00.741.0-0.870.970.850.81.00.51-0.920.830.990.850.940.850.59-0.83
0.760.190.70.750.970.810.90.140.810.440.83-0.530.810.930.560.830.69-0.660.640.760.850.640.930.24-0.81
0.980.850.990.960.670.960.860.780.950.750.96-0.90.930.680.780.950.29-0.890.820.980.940.640.680.62-0.65
0.780.370.740.750.910.830.850.270.830.580.85-0.60.741.00.420.850.4-0.750.490.790.850.930.680.32-0.87
0.640.680.640.690.460.610.580.280.640.930.58-0.890.530.320.70.590.13-0.740.40.620.590.240.620.32-0.58
-0.78-0.39-0.72-0.8-0.88-0.79-0.84-0.17-0.83-0.7-0.810.71-0.69-0.87-0.61-0.81-0.480.89-0.54-0.77-0.83-0.81-0.65-0.87-0.58
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China Longyuan Account Relationship Matchups

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