China Non Current Assets Total vs Cash Analysis

001979 Stock

11.78 0.02 0.17%

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

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Merchants Shekou Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have almost identical trend.

The correlation between China Merchants' Non Current Assets Total and Cash is 0.9. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of China Merchants Shekou, assuming nothing else is changed. The correlation between historical values of China Merchants' Non Current Assets Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of China Merchants Shekou are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., China Merchants' Non Current Assets Total and Cash go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Cash

Cash refers to the most liquid asset of China Merchants Shekou, which is listed under current asset account on China Merchants Shekou balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from China Merchants customers. The amounts must be unrestricted with restricted cash listed in a different China Merchants account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from China Merchants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Merchants Shekou 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 Merchants Shekou. 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 7 B, whereas Selling General Administrative is forecasted to decline to about 3.3 B.

	2021	2022	2023	2024 (projected)
Operating Income	25.3B	21.3B	15.0B	20.2B
Total Revenue	160.6B	183.0B	175.0B	117.6B

Operating Income Total Revenue

China Merchants fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Inventory	Total Liab	Intangible Assets	Common Stock	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	Property Plant Equipment	Non Current Assets Total
Total Assets		0.97	-0.63	0.98	0.98	0.96	0.93	0.97	0.66	1.0	1.0	0.67	0.66	0.62	1.0	0.98	-0.01	0.85	0.97	0.99	0.86	0.0	1.0	0.94	0.86	0.98
Total Stockholder Equity	0.97		-0.77	0.98	0.93	0.98	0.9	0.94	0.61	0.97	0.97	0.59	0.76	0.56	0.96	0.99	0.13	0.86	0.95	0.96	0.92	0.14	0.97	0.95	0.81	0.92
Other Liab	-0.63	-0.77		-0.7	-0.53	-0.77	-0.55	-0.62	-0.33	-0.62	-0.63	-0.21	-0.71	-0.4	-0.61	-0.68	-0.33	-0.59	-0.59	-0.59	-0.73	-0.3	-0.61	-0.66	-0.45	-0.51
Retained Earnings	0.98	0.98	-0.7		0.92	0.98	0.9	0.93	0.58	0.98	0.97	0.57	0.66	0.66	0.98	0.99	0.17	0.81	0.97	0.95	0.93	0.19	0.98	0.97	0.79	0.92
Accounts Payable	0.98	0.93	-0.53	0.92		0.9	0.92	0.98	0.72	0.97	0.98	0.76	0.67	0.52	0.98	0.95	-0.16	0.85	0.93	0.99	0.8	-0.15	0.98	0.89	0.9	0.99
Cash	0.96	0.98	-0.77	0.98	0.9		0.89	0.92	0.59	0.96	0.96	0.54	0.71	0.61	0.96	0.97	0.19	0.83	0.94	0.93	0.89	0.18	0.95	0.93	0.78	0.9
Other Assets	0.93	0.9	-0.55	0.9	0.92	0.89		0.91	0.82	0.93	0.92	0.83	0.76	0.39	0.93	0.92	-0.14	0.81	0.9	0.93	0.84	-0.12	0.94	0.83	0.95	0.95
Long Term Debt	0.97	0.94	-0.62	0.93	0.98	0.92	0.91		0.74	0.96	0.98	0.73	0.71	0.51	0.96	0.94	-0.12	0.82	0.9	0.98	0.84	-0.11	0.97	0.9	0.89	0.97
Good Will	0.66	0.61	-0.33	0.58	0.72	0.59	0.82	0.74		0.64	0.67	0.91	0.73	-0.05	0.65	0.61	-0.45	0.56	0.53	0.69	0.59	-0.46	0.66	0.51	0.91	0.75
Inventory	1.0	0.97	-0.62	0.98	0.97	0.96	0.93	0.96	0.64		1.0	0.66	0.65	0.64	1.0	0.98	0.01	0.84	0.98	0.99	0.86	0.03	1.0	0.94	0.85	0.98
Total Liab	1.0	0.97	-0.63	0.97	0.98	0.96	0.92	0.98	0.67	1.0		0.68	0.67	0.61	1.0	0.98	-0.02	0.84	0.96	0.99	0.86	-0.01	1.0	0.94	0.87	0.98
Intangible Assets	0.67	0.59	-0.21	0.57	0.76	0.54	0.83	0.73	0.91	0.66	0.68		0.69	-0.02	0.68	0.62	-0.61	0.59	0.59	0.71	0.55	-0.58	0.69	0.49	0.94	0.77
Common Stock	0.66	0.76	-0.71	0.66	0.67	0.71	0.76	0.71	0.73	0.65	0.67	0.69		-0.08	0.65	0.72	-0.07	0.74	0.6	0.69	0.73	-0.09	0.66	0.62	0.76	0.66
Other Current Liab	0.62	0.56	-0.4	0.66	0.52	0.61	0.39	0.51	-0.05	0.64	0.61	-0.02	-0.08		0.62	0.58	0.32	0.36	0.66	0.55	0.46	0.34	0.61	0.62	0.24	0.53
Total Current Liabilities	1.0	0.96	-0.61	0.98	0.98	0.96	0.93	0.96	0.65	1.0	1.0	0.68	0.65	0.62		0.98	-0.01	0.84	0.97	0.98	0.87	0.01	1.0	0.93	0.87	0.98
Net Tangible Assets	0.98	0.99	-0.68	0.99	0.95	0.97	0.92	0.94	0.61	0.98	0.98	0.62	0.72	0.58	0.98		0.12	0.86	0.98	0.97	0.92	0.14	0.98	0.97	0.82	0.94
Net Receivables	-0.01	0.13	-0.33	0.17	-0.16	0.19	-0.14	-0.12	-0.45	0.01	-0.02	-0.61	-0.07	0.32	-0.01	0.12		0.03	0.11	-0.06	0.26	0.96	-0.01	0.26	-0.37	-0.17
Other Current Assets	0.85	0.86	-0.59	0.81	0.85	0.83	0.81	0.82	0.56	0.84	0.84	0.59	0.74	0.36	0.84	0.86	0.03		0.82	0.88	0.7	-0.06	0.84	0.76	0.75	0.82
Other Stockholder Equity	0.97	0.95	-0.59	0.97	0.93	0.94	0.9	0.9	0.53	0.98	0.96	0.59	0.6	0.66	0.97	0.98	0.11	0.82		0.96	0.85	0.15	0.97	0.94	0.78	0.94
Deferred Long Term Liab	0.99	0.96	-0.59	0.95	0.99	0.93	0.93	0.98	0.69	0.99	0.99	0.71	0.69	0.55	0.98	0.97	-0.06	0.88	0.96		0.83	-0.06	0.99	0.92	0.87	0.99
Long Term Investments	0.86	0.92	-0.73	0.93	0.8	0.89	0.84	0.84	0.59	0.86	0.86	0.55	0.73	0.46	0.87	0.92	0.26	0.7	0.85	0.83		0.29	0.87	0.93	0.75	0.79
Short Long Term Debt	0.0	0.14	-0.3	0.19	-0.15	0.18	-0.12	-0.11	-0.46	0.03	-0.01	-0.58	-0.09	0.34	0.01	0.14	0.96	-0.06	0.15	-0.06	0.29		0.01	0.3	-0.37	-0.15
Total Current Assets	1.0	0.97	-0.61	0.98	0.98	0.95	0.94	0.97	0.66	1.0	1.0	0.69	0.66	0.61	1.0	0.98	-0.01	0.84	0.97	0.99	0.87	0.01		0.94	0.87	0.98
Short Term Debt	0.94	0.95	-0.66	0.97	0.89	0.93	0.83	0.9	0.51	0.94	0.94	0.49	0.62	0.62	0.93	0.97	0.26	0.76	0.94	0.92	0.93	0.3	0.94		0.71	0.88
Property Plant Equipment	0.86	0.81	-0.45	0.79	0.9	0.78	0.95	0.89	0.91	0.85	0.87	0.94	0.76	0.24	0.87	0.82	-0.37	0.75	0.78	0.87	0.75	-0.37	0.87	0.71		0.91
Non Current Assets Total	0.98	0.92	-0.51	0.92	0.99	0.9	0.95	0.97	0.75	0.98	0.98	0.77	0.66	0.53	0.98	0.94	-0.17	0.82	0.94	0.99	0.79	-0.15	0.98	0.88	0.91

Click cells to compare fundamentals

China Merchants Account Relationship Matchups

China Merchants fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	617.7B	737.2B	856.2B	886.5B	908.5B	593.1B
Total Stockholder Equity	94.8B	101.4B	108.7B	101.7B	119.7B	88.6B
Other Liab	8.0B	9.2B	11.7B	11.5B	10.4B	11.1B
Retained Earnings	57.4B	62.1B	66.1B	65.0B	64.1B	51.5B
Accounts Payable	31.5B	40.2B	51.7B	52.6B	60.7B	36.0B
Cash	75.3B	89.3B	79.5B	86.2B	88.3B	70.8B
Other Assets	106.2B	113.4B	126.0B	137.9B	158.6B	166.5B
Long Term Debt	87.2B	100.4B	133.9B	160.8B	170.1B	101.5B
Inventory	311.9B	360.8B	417.6B	411.5B	416.7B	290.6B
Total Liab	390.3B	483.8B	579.4B	602.0B	611.8B	403.3B
Intangible Assets	612.3M	603.9M	1.4B	1.5B	2.0B	2.1B
Other Current Liab	197.8B	241.6B	275.8B	271.0B	37.4B	35.5B
Total Current Liabilities	295.0B	373.9B	428.1B	423.9B	426.0B	314.6B
Net Tangible Assets	94.1B	100.2B	106.9B	98.3B	113.1B	88.9B
Net Receivables	70.7B	85.9B	3.3B	3.9B	3.5B	3.3B
Other Current Assets	7.4B	24.8B	19.4B	11.9B	27.4B	14.0B
Other Stockholder Equity	19.9B	21.1B	24.5B	18.7B	21.5B	13.5B
Deferred Long Term Liab	842.5M	1.0B	1.2B	1.2B	1.4B	828.9M
Short Long Term Debt	22.2B	17.7B	3.6B	1.5B	1.4B	1.3B
Total Current Assets	477.6B	575.5B	653.1B	655.2B	664.0B	497.9B
Property Plant Equipment	5.7B	7.8B	11.9B	13.8B	15.8B	16.6B
Non Current Assets Total	140.4B	161.6B	203.1B	231.3B	244.5B	156.2B
Non Currrent Assets Other	199.7M	5.6B	640.4M	486.2M	485.6M	461.4M
Non Current Liabilities Total	95.3B	110.0B	151.4B	178.1B	185.8B	127.7B
Non Current Liabilities Other	476.8M	1.1B	9.0B	4.9B	3.1B	2.6B
Net Debt	34.0B	28.8B	58.0B	76.1B	83.2B	54.7B
Net Invested Capital	204.1B	219.4B	246.2B	264.0B	291.2B	243.6B
Net Working Capital	182.2B	201.7B	225.0B	231.3B	237.9B	207.6B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Other Information on Investing in China Stock

Balance Sheet is a snapshot of the financial position of China Merchants Shekou at a specified time, usually calculated after every quarter, six months, or one year. China Merchants Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Merchants 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

China Non Current Assets Total vs Cash Analysis

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Cash

China Merchants fundamental ratios Correlations

China Merchants Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Merchants fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in China Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Inventory	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Inventory
Total Current Liabilities	+ 1.0	Inventory

Cash	- 0.77	Other Liab
Other Liab	- 0.77	Total Stockholder Equity
Long Term Investments	- 0.73	Other Liab
Common Stock	- 0.71	Other Liab
Retained Earnings	- 0.7	Other Liab
Net Tangible Assets	- 0.68	Other Liab