China Total Stockholder Equity vs Other Current Assets Analysis

001289 Stock

15.31 0.20 1.32%

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 Total Stockholder Equity and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios. 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.

Total Stockholder Equity vs Other Current Assets

Total Stockholder Equity vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Longyuan Power Total Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between China Longyuan's Total Stockholder Equity and Other Current Assets is 0.87. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Current Assets 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 Total Stockholder Equity and Other Current 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 Total Stockholder Equity of China Longyuan Power are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Stockholder Equity i.e., China Longyuan's Total Stockholder Equity and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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. 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 170.6 M, whereas Tax Provision is forecasted to decline to about 1.5 B.

	2022	2023	2024	2025 (projected)
Interest Expense	3.5B	3.4B	3.9B	3.6B
Interest Income	182.8M	231.5M	266.2M	138.9M

Interest Expense Interest Income

China Longyuan fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital
Total Assets		0.68	0.99	0.99	0.88	1.0	0.96	0.52	0.99	0.83	0.99	-0.88	0.96	0.84	0.81	0.99	0.59	-0.94	0.85	1.0	0.99	0.86	0.97	0.84	0.64	-0.77
Other Current Liab	0.68		0.75	0.65	0.28	0.64	0.47	0.88	0.61	0.74	0.61	-0.83	0.63	0.44	0.54	0.61	-0.1	-0.71	0.52	0.69	0.58	0.24	0.81	0.44	0.69	-0.39
Total Current Liabilities	0.99	0.75		0.98	0.83	0.99	0.93	0.6	0.98	0.83	0.98	-0.9	0.96	0.8	0.8	0.98	0.53	-0.94	0.85	1.0	0.97	0.81	0.99	0.8	0.65	-0.75
Total Stockholder Equity	0.99	0.65	0.98		0.89	0.99	0.97	0.47	0.99	0.83	0.99	-0.88	0.96	0.84	0.85	0.99	0.64	-0.95	0.87	0.99	0.99	0.86	0.96	0.84	0.67	-0.78
Net Debt	0.88	0.28	0.83	0.89		0.91	0.97	0.08	0.92	0.7	0.92	-0.66	0.82	0.85	0.67	0.93	0.78	-0.8	0.7	0.88	0.94	0.99	0.76	0.85	0.48	-0.81
Retained Earnings	1.0	0.64	0.99	0.99	0.91		0.98	0.48	1.0	0.82	1.0	-0.86	0.96	0.83	0.79	1.0	0.62	-0.92	0.84	1.0	0.99	0.89	0.96	0.83	0.61	-0.79
Accounts Payable	0.96	0.47	0.93	0.97	0.97	0.98		0.28	0.98	0.77	0.98	-0.79	0.93	0.83	0.8	0.98	0.76	-0.88	0.83	0.96	0.99	0.95	0.88	0.83	0.58	-0.82
Cash	0.52	0.88	0.6	0.47	0.08	0.48	0.28		0.44	0.38	0.46	-0.55	0.53	0.31	0.35	0.45	-0.18	-0.49	0.5	0.54	0.41	0.11	0.69	0.31	0.28	-0.13
Non Current Assets Total	0.99	0.61	0.98	0.99	0.92	1.0	0.98	0.44		0.82	1.0	-0.85	0.95	0.87	0.79	1.0	0.64	-0.94	0.83	0.99	1.0	0.9	0.95	0.87	0.63	-0.79
Non Currrent Assets Other	0.83	0.74	0.83	0.83	0.7	0.82	0.77	0.38	0.82		0.8	-0.94	0.71	0.66	0.67	0.81	0.28	-0.87	0.51	0.83	0.8	0.61	0.81	0.66	0.91	-0.75
Long Term Debt	0.99	0.61	0.98	0.99	0.92	1.0	0.98	0.46	1.0	0.8		-0.83	0.94	0.87	0.76	1.0	0.62	-0.92	0.82	0.99	1.0	0.91	0.95	0.87	0.58	-0.78
Net Receivables	-0.88	-0.83	-0.9	-0.88	-0.66	-0.86	-0.79	-0.55	-0.85	-0.94	-0.83		-0.84	-0.6	-0.83	-0.83	-0.36	0.91	-0.71	-0.87	-0.82	-0.58	-0.91	-0.6	-0.9	0.77
Good Will	0.96	0.63	0.96	0.96	0.82	0.96	0.93	0.53	0.95	0.71	0.94	-0.84		0.71	0.89	0.95	0.69	-0.88	0.95	0.96	0.95	0.8	0.96	0.71	0.58	-0.74
Common Stock Shares Outstanding	0.84	0.44	0.8	0.84	0.85	0.83	0.83	0.31	0.87	0.66	0.87	-0.6	0.71		0.51	0.86	0.5	-0.84	0.61	0.84	0.87	0.85	0.74	1.0	0.42	-0.59
Short Term Investments	0.81	0.54	0.8	0.85	0.67	0.79	0.8	0.35	0.79	0.67	0.76	-0.83	0.89	0.51		0.77	0.73	-0.79	0.92	0.79	0.78	0.6	0.8	0.51	0.72	-0.68
Non Current Liabilities Total	0.99	0.61	0.98	0.99	0.93	1.0	0.98	0.45	1.0	0.81	1.0	-0.83	0.95	0.86	0.77		0.63	-0.92	0.82	0.99	1.0	0.91	0.95	0.86	0.59	-0.79
Capital Lease Obligations	0.59	-0.1	0.53	0.64	0.78	0.62	0.76	-0.18	0.64	0.28	0.62	-0.36	0.69	0.5	0.73	0.63		-0.5	0.75	0.58	0.66	0.76	0.47	0.5	0.24	-0.6
Inventory	-0.94	-0.71	-0.94	-0.95	-0.8	-0.92	-0.88	-0.49	-0.94	-0.87	-0.92	0.91	-0.88	-0.84	-0.79	-0.92	-0.5		-0.77	-0.93	-0.92	-0.75	-0.91	-0.84	-0.74	0.83
Other Current Assets	0.85	0.52	0.85	0.87	0.7	0.84	0.83	0.5	0.83	0.51	0.82	-0.71	0.95	0.61	0.92	0.82	0.75	-0.77		0.84	0.83	0.69	0.86	0.61	0.45	-0.6
Total Liab	1.0	0.69	1.0	0.99	0.88	1.0	0.96	0.54	0.99	0.83	0.99	-0.87	0.96	0.84	0.79	0.99	0.58	-0.93	0.84		0.99	0.86	0.98	0.84	0.63	-0.77
Net Invested Capital	0.99	0.58	0.97	0.99	0.94	0.99	0.99	0.41	1.0	0.8	1.0	-0.82	0.95	0.87	0.78	1.0	0.66	-0.92	0.83	0.99		0.92	0.93	0.87	0.59	-0.79
Short Long Term Debt	0.86	0.24	0.81	0.86	0.99	0.89	0.95	0.11	0.9	0.61	0.91	-0.58	0.8	0.85	0.6	0.91	0.76	-0.75	0.69	0.86	0.92		0.74	0.85	0.34	-0.75
Total Current Assets	0.97	0.81	0.99	0.96	0.76	0.96	0.88	0.69	0.95	0.81	0.95	-0.91	0.96	0.74	0.8	0.95	0.47	-0.91	0.86	0.98	0.93	0.74		0.74	0.64	-0.7
Capital Stock	0.84	0.44	0.8	0.84	0.85	0.83	0.83	0.31	0.87	0.66	0.87	-0.6	0.71	1.0	0.51	0.86	0.5	-0.84	0.61	0.84	0.87	0.85	0.74		0.42	-0.59
Non Current Liabilities Other	0.64	0.69	0.65	0.67	0.48	0.61	0.58	0.28	0.63	0.91	0.58	-0.9	0.58	0.42	0.72	0.59	0.24	-0.74	0.45	0.63	0.59	0.34	0.64	0.42		-0.63
Net Working Capital	-0.77	-0.39	-0.75	-0.78	-0.81	-0.79	-0.82	-0.13	-0.79	-0.75	-0.78	0.77	-0.74	-0.59	-0.68	-0.79	-0.6	0.83	-0.6	-0.77	-0.79	-0.75	-0.7	-0.59	-0.63

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China Longyuan Account Relationship Matchups

China Longyuan fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	174.6B	205.1B	223.3B	229.3B	263.6B	217.4B
Other Current Liab	11B	7.2B	15.0B	7.2B	8.3B	9.9B
Total Current Liabilities	53.9B	63.5B	75.0B	72.2B	83.0B	68.1B
Total Stockholder Equity	58.1B	68.5B	68.8B	70.9B	81.6B	70.3B
Net Debt	62.4B	76.9B	64.8B	94.6B	108.8B	79.5B
Retained Earnings	27.9B	35.1B	38.6B	43.2B	49.7B	37.1B
Accounts Payable	10.5B	14.8B	13.0B	17.3B	19.9B	14.4B
Cash	5.6B	4.2B	20.5B	4.9B	5.6B	8.5B
Non Current Assets Total	143.3B	165.0B	170.0B	183.5B	211.1B	174.7B
Non Currrent Assets Other	5.5B	3.9B	3.8B	4.7B	5.4B	4.4B
Long Term Debt	52.6B	61.2B	66.7B	72.8B	83.7B	66.5B
Net Receivables	122.8M	161.7M	340.9M	357.4M	321.7M	305.6M
Short Term Investments	303.4M	742.5M	448.5M	459.1M	527.9M	484.7M
Non Current Liabilities Total	53.9B	63.2B	68.2B	74.8B	86.0B	68.2B
Capital Lease Obligations	145.2M	875.5M	307.0M	718.2M	825.9M	546.2M
Inventory	801.4M	765.1M	750.0M	727.2M	654.5M	629.6M
Other Current Assets	1.0B	2.5B	2.3B	2.0B	2.3B	2.0B
Total Liab	107.8B	126.7B	143.2B	146.9B	169.0B	136.3B
Net Invested Capital	126.0B	149.6B	154.1B	170.4B	195.9B	158.3B
Short Long Term Debt	15.3B	19.9B	18.5B	26.7B	30.7B	21.5B
Total Current Assets	31.4B	40.1B	53.3B	45.7B	52.6B	42.7B
Non Current Liabilities Other	166.2M	143.5M	94.2M	103.8M	119.3M	125.9M
Net Working Capital	(22.5B)	(23.4B)	(21.6B)	(26.5B)	(23.8B)	(25.0B)
Intangible Assets	8.7B	8.4B	7.7B	6.9B	7.9B	7.5B

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Other Information on Investing in China Stock

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.

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China Total Stockholder Equity vs Other Current Assets Analysis

Total Stockholder Equity vs Other Current Assets

Total Stockholder Equity vs Other Current Assets Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Other Current Assets

China Longyuan fundamental ratios Correlations

China Longyuan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Longyuan fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in China Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Retained Earnings
Long Term Debt	+ 1.0	Retained Earnings
Non Current Liabilities Total	+ 1.0	Retained Earnings

Inventory	- 0.95	Total Stockholder Equity
Net Receivables	- 0.94	Non Currrent Assets Other
Inventory	- 0.94	Non Current Assets Total
Inventory	- 0.94	Total Current Liabilities
Inventory	- 0.94	Total Assets
Total Liab	- 0.93	Inventory