TongFu Accounts Payable vs Other Stockholder Equity Analysis

002156 Stock

28.99 0.43 1.46%

TongFu Microelectronics financial indicator trend analysis is much more than just breaking down TongFu Microelectronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TongFu Microelectronics is a good investment. Please check the relationship between TongFu Microelectronics Accounts Payable and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in TongFu Microelectronics Co. 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.

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TongFu Microelectronics Accounts Payable account and Other Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.

The correlation between TongFu Microelectronics' Accounts Payable and Other Stockholder Equity is 0.2. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of TongFu Microelectronics Co, assuming nothing else is changed. The correlation between historical values of TongFu Microelectronics' Accounts Payable and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of TongFu Microelectronics Co are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Accounts Payable i.e., TongFu Microelectronics' Accounts Payable and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents TongFu Microelectronics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of TongFu Microelectronics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Stockholder Equity

Most indicators from TongFu Microelectronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TongFu Microelectronics 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 TongFu Microelectronics Co. 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 197 M. The current year's Tax Provision is expected to grow to about 27 M

	2021	2022	2023	2024 (projected)
Gross Profit	2.7B	3.0B	2.6B	1.8B
Research Development	1.1B	1.3B	1.2B	748.0M

Gross Profit Research Development

TongFu Microelectronics fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Short Term Investments	Other Stockholder Equity	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.67	0.99	0.99	0.79	0.99	0.96	0.96	0.99	0.97	0.98	0.98	0.95	1.0	0.86	0.95	0.99	0.95	-0.44	0.27	0.77	0.87	0.94	0.93	0.92	0.91
Other Current Liab	0.67		0.71	0.64	0.42	0.7	0.83	0.63	0.63	0.66	0.69	0.71	0.66	0.7	0.56	0.5	0.61	0.56	-0.34	0.14	0.59	0.7	0.77	0.61	0.76	0.77
Total Current Liabilities	0.99	0.71		0.98	0.78	0.98	0.96	0.95	0.99	0.96	0.97	0.99	0.95	1.0	0.85	0.92	0.98	0.94	-0.42	0.31	0.79	0.9	0.94	0.95	0.92	0.92
Total Stockholder Equity	0.99	0.64	0.98		0.78	0.98	0.94	0.97	0.98	0.96	0.97	0.97	0.94	0.99	0.85	0.96	0.98	0.95	-0.39	0.25	0.76	0.86	0.93	0.93	0.9	0.89
Other Liab	0.79	0.42	0.78	0.78		0.76	0.74	0.77	0.73	0.62	0.75	0.76	0.87	0.77	0.96	0.87	0.74	0.59	-0.03	0.34	0.8	0.85	0.68	0.84	0.59	0.61
Retained Earnings	0.99	0.7	0.98	0.98	0.76		0.96	0.95	0.98	0.97	0.96	0.97	0.95	0.99	0.83	0.93	0.98	0.94	-0.49	0.19	0.73	0.83	0.93	0.89	0.93	0.92
Accounts Payable	0.96	0.83	0.96	0.94	0.74	0.96		0.91	0.92	0.93	0.95	0.95	0.93	0.96	0.84	0.86	0.92	0.87	-0.44	0.2	0.75	0.86	0.95	0.87	0.93	0.92
Cash	0.96	0.63	0.95	0.97	0.77	0.95	0.91		0.95	0.93	0.89	0.91	0.91	0.96	0.85	0.92	0.94	0.91	-0.38	0.12	0.76	0.86	0.92	0.93	0.88	0.88
Other Assets	0.99	0.63	0.99	0.98	0.73	0.98	0.92	0.95		0.98	0.96	0.98	0.93	0.99	0.79	0.92	1.0	0.97	-0.49	0.27	0.73	0.84	0.91	0.92	0.92	0.92
Long Term Debt	0.97	0.66	0.96	0.96	0.62	0.97	0.93	0.93	0.98		0.95	0.95	0.88	0.97	0.72	0.87	0.98	0.98	-0.58	0.17	0.65	0.76	0.92	0.85	0.94	0.92
Net Receivables	0.98	0.69	0.97	0.97	0.75	0.96	0.95	0.89	0.96	0.95		0.98	0.91	0.97	0.83	0.92	0.97	0.92	-0.44	0.39	0.72	0.83	0.91	0.88	0.9	0.87
Inventory	0.98	0.71	0.99	0.97	0.76	0.97	0.95	0.91	0.98	0.95	0.98		0.93	0.99	0.83	0.92	0.97	0.93	-0.41	0.4	0.77	0.89	0.92	0.93	0.91	0.9
Other Current Assets	0.95	0.66	0.95	0.94	0.87	0.95	0.93	0.91	0.93	0.88	0.91	0.93		0.95	0.9	0.91	0.93	0.84	-0.37	0.22	0.83	0.88	0.89	0.92	0.86	0.88
Total Liab	1.0	0.7	1.0	0.99	0.77	0.99	0.96	0.96	0.99	0.97	0.97	0.99	0.95		0.84	0.93	0.99	0.95	-0.45	0.27	0.77	0.88	0.94	0.94	0.93	0.92
Intangible Assets	0.86	0.56	0.85	0.85	0.96	0.83	0.84	0.85	0.79	0.72	0.83	0.83	0.9	0.84		0.9	0.8	0.68	-0.13	0.3	0.8	0.89	0.79	0.89	0.69	0.69
Common Stock	0.95	0.5	0.92	0.96	0.87	0.93	0.86	0.92	0.92	0.87	0.92	0.92	0.91	0.93	0.9		0.93	0.86	-0.28	0.33	0.76	0.85	0.83	0.91	0.79	0.78
Property Plant Equipment	0.99	0.61	0.98	0.98	0.74	0.98	0.92	0.94	1.0	0.98	0.97	0.97	0.93	0.99	0.8	0.93		0.97	-0.51	0.26	0.71	0.82	0.9	0.91	0.91	0.9
Net Tangible Assets	0.95	0.56	0.94	0.95	0.59	0.94	0.87	0.91	0.97	0.98	0.92	0.93	0.84	0.95	0.68	0.86	0.97		-0.51	0.21	0.65	0.74	0.89	0.85	0.91	0.89
Short Term Investments	-0.44	-0.34	-0.42	-0.39	-0.03	-0.49	-0.44	-0.38	-0.49	-0.58	-0.44	-0.41	-0.37	-0.45	-0.13	-0.28	-0.51	-0.51		0.19	0.08	-0.06	-0.38	-0.18	-0.52	-0.5
Other Stockholder Equity	0.27	0.14	0.31	0.25	0.34	0.19	0.2	0.12	0.27	0.17	0.39	0.4	0.22	0.27	0.3	0.33	0.26	0.21	0.19		0.34	0.39	0.21	0.34	0.14	0.14
Long Term Investments	0.77	0.59	0.79	0.76	0.8	0.73	0.75	0.76	0.73	0.65	0.72	0.77	0.83	0.77	0.8	0.76	0.71	0.65	0.08	0.34		0.94	0.83	0.88	0.76	0.79
Short Long Term Debt	0.87	0.7	0.9	0.86	0.85	0.83	0.86	0.86	0.84	0.76	0.83	0.89	0.88	0.88	0.89	0.85	0.82	0.74	-0.06	0.39	0.94		0.88	0.97	0.8	0.83
Total Current Assets	0.94	0.77	0.94	0.93	0.68	0.93	0.95	0.92	0.91	0.92	0.91	0.92	0.89	0.94	0.79	0.83	0.9	0.89	-0.38	0.21	0.83	0.88		0.88	0.97	0.97
Short Term Debt	0.93	0.61	0.95	0.93	0.84	0.89	0.87	0.93	0.92	0.85	0.88	0.93	0.92	0.94	0.89	0.91	0.91	0.85	-0.18	0.34	0.88	0.97	0.88		0.82	0.84
Non Current Assets Total	0.92	0.76	0.92	0.9	0.59	0.93	0.93	0.88	0.92	0.94	0.9	0.91	0.86	0.93	0.69	0.79	0.91	0.91	-0.52	0.14	0.76	0.8	0.97	0.82		0.99
Non Currrent Assets Other	0.91	0.77	0.92	0.89	0.61	0.92	0.92	0.88	0.92	0.92	0.87	0.9	0.88	0.92	0.69	0.78	0.9	0.89	-0.5	0.14	0.79	0.83	0.97	0.84	0.99

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TongFu Microelectronics Account Relationship Matchups

TongFu Microelectronics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	16.2B	21.2B	27.1B	35.6B	34.9B	36.6B
Other Current Liab	470.1M	221.2M	666.0M	1.2B	264.3M	230.9M
Total Current Liabilities	7.3B	7.2B	10.3B	13.7B	13.0B	13.6B
Total Stockholder Equity	6.1B	9.6B	10.4B	13.8B	13.9B	14.6B
Other Liab	1.4B	1.4B	1.5B	1.3B	1.5B	1.6B
Retained Earnings	1.1B	1.5B	2.4B	2.9B	2.7B	2.8B
Accounts Payable	2.0B	2.6B	4.1B	6.0B	3.8B	4.0B
Cash	2.2B	4.1B	4.2B	4.2B	4.5B	4.7B
Other Assets	432.9M	522.6M	799.3M	1.0B	1.2B	1.2B
Long Term Debt	993.0M	2.4B	4.2B	6.0B	6.0B	6.3B
Net Receivables	1.7B	1.8B	2.3B	4.6B	3.9B	4.1B
Inventory	1.9B	1.4B	2.1B	3.5B	3.1B	3.3B
Other Current Assets	224.2M	290.1M	457.3M	445.0M	418.8M	439.7M
Total Liab	9.7B	11.2B	16.1B	21.1B	20.2B	21.2B
Intangible Assets	288.7M	352.3M	318.3M	359.3M	327.0M	343.4M
Property Plant Equipment	8.1B	10.3B	15.6B	19.5B	22.5B	23.6B
Net Tangible Assets	4.7B	8.2B	9.2B	12.4B	14.2B	14.9B
Other Stockholder Equity	133.5M	(3.9M)	(101.2M)	68.7M	61.9M	65.0M
Short Long Term Debt	4.3B	3.6B	3.6B	4.2B	3.9B	3.0B
Total Current Assets	6.1B	8.9B	9.1B	13.1B	12.2B	8.0B
Non Current Assets Total	10.1B	12.4B	18.0B	22.5B	22.7B	15.1B
Non Currrent Assets Other	180.3M	212.3M	421.3M	494.6M	522.0M	279.6M
Good Will	1.1B	1.0B	964.4M	1.1B	1.1B	1.2B
Non Current Liabilities Total	2.4B	4.0B	5.8B	7.3B	7.2B	4.5B
Non Current Liabilities Other	1.1B	1.0B	978.9M	638.4M	432.0M	755.1M
Net Debt	2.8B	1.9B	3.7B	6.0B	5.4B	3.5B
Net Invested Capital	11.2B	15.6B	18.3B	24.1B	23.8B	17.3B
Net Working Capital	(1.2B)	1.6B	(1.1B)	(614.6M)	(803.0M)	(762.9M)

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Other Information on Investing in TongFu Stock

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

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TongFu Accounts Payable vs Other Stockholder Equity Analysis

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Accounts Payable

Other Stockholder Equity

TongFu Microelectronics fundamental ratios Correlations

TongFu Microelectronics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TongFu Microelectronics fundamental ratios Accounts

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Other Information on Investing in TongFu Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Property Plant Equipment	+ 1.0	Other Assets
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets

Short Term Investments	- 0.58	Long Term Debt
Non Current Assets Total	- 0.52	Short Term Investments
Short Term Investments	- 0.51	Net Tangible Assets
Short Term Investments	- 0.51	Property Plant Equipment
Non Currrent Assets Other	- 0.5	Short Term Investments
Short Term Investments	- 0.49	Other Assets