Guangdong Net Receivables vs Non Current Assets Total Analysis

002400 Stock

8.56 0.78 10.03%

Guangdong Advertising financial indicator trend analysis is much more than just examining Guangdong Advertising latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Advertising is a good investment. Please check the relationship between Guangdong Advertising Net Receivables and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Advertising 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 board of governors.

Net Receivables vs Non Current Assets Total

Net Receivables vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Advertising Net Receivables account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Guangdong Advertising's Net Receivables and Non Current Assets Total is -0.23. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Guangdong Advertising Co, assuming nothing else is changed. The correlation between historical values of Guangdong Advertising's Net Receivables 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 Receivables of Guangdong Advertising Co 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 Receivables i.e., Guangdong Advertising's Net Receivables and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

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 Guangdong Advertising's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Advertising 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 Advertising 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 board of governors.

The current year's Tax Provision is expected to grow to about 53.7 M, whereas Selling General Administrative is forecasted to decline to about 127.1 M.

	2021	2022	2023	2024 (projected)
Operating Income	335.8M	451.2M	269.0M	416.0M
Total Revenue	13.0B	14.6B	16.7B	9.2B

Operating Income Total Revenue

Guangdong Advertising fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Other Liab	Inventory	Intangible Assets	Good Will	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Short Term Investments	Non Current Liabilities Total
Total Assets		-0.13	0.83	0.95	0.93	0.74	0.71	0.48	0.96	0.57	0.94	0.87	0.81	0.41	0.41	-0.27	0.3	0.81	-0.33	0.76	0.55	-0.03	-0.53	-0.65	-0.31	-0.55
Other Current Liab	-0.13		-0.34	-0.2	0.02	-0.55	-0.05	-0.46	-0.18	0.53	-0.06	-0.46	-0.55	0.53	-0.19	0.49	0.48	-0.56	0.58	-0.57	-0.41	0.41	0.56	0.62	0.53	0.6
Total Current Liabilities	0.83	-0.34		0.72	0.7	0.93	0.6	0.57	0.84	0.52	0.86	0.88	0.78	0.28	0.42	-0.26	-0.01	0.74	-0.42	0.64	0.71	-0.34	-0.61	-0.6	-0.47	-0.56
Total Stockholder Equity	0.95	-0.2	0.72		0.92	0.71	0.7	0.59	0.89	0.37	0.79	0.9	0.89	0.21	0.41	-0.3	0.24	0.9	-0.39	0.86	0.45	-0.02	-0.6	-0.76	-0.38	-0.68
Retained Earnings	0.93	0.02	0.7	0.92		0.57	0.64	0.37	0.84	0.59	0.83	0.79	0.72	0.51	0.23	-0.18	0.51	0.69	-0.15	0.66	0.32	0.2	-0.38	-0.55	-0.18	-0.46
Accounts Payable	0.74	-0.55	0.93	0.71	0.57		0.52	0.72	0.81	0.24	0.71	0.92	0.86	-0.04	0.54	-0.28	-0.31	0.86	-0.66	0.79	0.67	-0.56	-0.75	-0.8	-0.71	-0.8
Cash	0.71	-0.05	0.6	0.7	0.64	0.52		0.39	0.66	0.29	0.64	0.6	0.62	0.12	0.38	-0.24	0.14	0.65	-0.26	0.52	0.63	-0.12	-0.47	-0.39	-0.35	-0.38
Other Assets	0.48	-0.46	0.57	0.59	0.37	0.72	0.39		0.5	-0.12	0.32	0.75	0.73	-0.43	0.44	-0.08	-0.37	0.73	-0.72	0.79	0.31	-0.32	-0.74	-0.82	-0.58	-0.79
Net Receivables	0.96	-0.18	0.84	0.89	0.84	0.81	0.66	0.5		0.53	0.93	0.85	0.77	0.32	0.49	-0.2	0.1	0.82	-0.46	0.76	0.61	-0.23	-0.58	-0.68	-0.46	-0.62
Other Current Assets	0.57	0.53	0.52	0.37	0.59	0.24	0.29	-0.12	0.53		0.71	0.27	0.1	0.85	0.06	0.1	0.55	0.05	0.3	-0.02	0.22	0.18	0.15	0.1	0.23	0.17
Total Liab	0.94	-0.06	0.86	0.79	0.83	0.71	0.64	0.32	0.93	0.71		0.75	0.63	0.57	0.38	-0.23	0.31	0.64	-0.25	0.58	0.62	-0.06	-0.42	-0.46	-0.21	-0.37
Common Stock	0.87	-0.46	0.88	0.9	0.79	0.92	0.6	0.75	0.85	0.27	0.75		0.96	0.07	0.44	-0.3	-0.03	0.93	-0.58	0.9	0.52	-0.27	-0.76	-0.87	-0.57	-0.81
Property Plant Equipment	0.81	-0.55	0.78	0.89	0.72	0.86	0.62	0.73	0.77	0.1	0.63	0.96		-0.08	0.44	-0.4	-0.06	0.97	-0.53	0.91	0.57	-0.26	-0.75	-0.86	-0.56	-0.81
Other Liab	0.41	0.53	0.28	0.21	0.51	-0.04	0.12	-0.43	0.32	0.85	0.57	0.07	-0.08		-0.13	0.03	0.79	-0.15	0.48	-0.19	0.01	0.44	0.27	0.31	0.48	0.39
Inventory	0.41	-0.19	0.42	0.41	0.23	0.54	0.38	0.44	0.49	0.06	0.38	0.44	0.44	-0.13		-0.08	-0.33	0.5	-0.42	0.42	0.41	-0.45	-0.4	-0.39	-0.34	-0.42
Intangible Assets	-0.27	0.49	-0.26	-0.3	-0.18	-0.28	-0.24	-0.08	-0.2	0.1	-0.23	-0.3	-0.4	0.03	-0.08		-0.13	-0.39	0.19	-0.37	-0.23	0.09	0.28	0.33	0.2	0.31
Good Will	0.3	0.48	-0.01	0.24	0.51	-0.31	0.14	-0.37	0.1	0.55	0.31	-0.03	-0.06	0.79	-0.33	-0.13		-0.16	0.61	-0.15	-0.2	0.8	0.38	0.29	0.64	0.42
Net Tangible Assets	0.81	-0.56	0.74	0.9	0.69	0.86	0.65	0.73	0.82	0.05	0.64	0.93	0.97	-0.15	0.5	-0.39	-0.16		-0.64	0.95	0.57	-0.35	-0.78	-0.91	-0.66	-0.87
Deferred Long Term Liab	-0.33	0.58	-0.42	-0.39	-0.15	-0.66	-0.26	-0.72	-0.46	0.3	-0.25	-0.58	-0.53	0.48	-0.42	0.19	0.61	-0.64		-0.73	-0.23	0.59	0.87	0.79	0.82	0.85
Long Term Investments	0.76	-0.57	0.64	0.86	0.66	0.79	0.52	0.79	0.76	-0.02	0.58	0.9	0.91	-0.19	0.42	-0.37	-0.15	0.95	-0.73		0.4	-0.23	-0.78	-0.97	-0.6	-0.9
Total Current Assets	0.55	-0.41	0.71	0.45	0.32	0.67	0.63	0.31	0.61	0.22	0.62	0.52	0.57	0.01	0.41	-0.23	-0.2	0.57	-0.23	0.4		-0.37	-0.39	-0.3	-0.35	-0.26
Non Current Assets Total	-0.03	0.41	-0.34	-0.02	0.2	-0.56	-0.12	-0.32	-0.23	0.18	-0.06	-0.27	-0.26	0.44	-0.45	0.09	0.8	-0.35	0.59	-0.23	-0.37		0.48	0.34	0.81	0.53
Non Currrent Assets Other	-0.53	0.56	-0.61	-0.6	-0.38	-0.75	-0.47	-0.74	-0.58	0.15	-0.42	-0.76	-0.75	0.27	-0.4	0.28	0.38	-0.78	0.87	-0.78	-0.39	0.48		0.77	0.75	0.81
Long Term Debt	-0.65	0.62	-0.6	-0.76	-0.55	-0.8	-0.39	-0.82	-0.68	0.1	-0.46	-0.87	-0.86	0.31	-0.39	0.33	0.29	-0.91	0.79	-0.97	-0.3	0.34	0.77		0.7	0.96
Short Term Investments	-0.31	0.53	-0.47	-0.38	-0.18	-0.71	-0.35	-0.58	-0.46	0.23	-0.21	-0.57	-0.56	0.48	-0.34	0.2	0.64	-0.66	0.82	-0.6	-0.35	0.81	0.75	0.7		0.85
Non Current Liabilities Total	-0.55	0.6	-0.56	-0.68	-0.46	-0.8	-0.38	-0.79	-0.62	0.17	-0.37	-0.81	-0.81	0.39	-0.42	0.31	0.42	-0.87	0.85	-0.9	-0.26	0.53	0.81	0.96	0.85

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Guangdong Advertising Account Relationship Matchups

Guangdong Advertising fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.8B	8.1B	7.9B	9.3B	10.6B	6.4B
Other Current Liab	541.7M	430.1M	485.3M	343.8M	196.1M	186.2M
Total Current Liabilities	3.0B	3.4B	3.1B	4.2B	5.4B	5.7B
Total Stockholder Equity	5.4B	4.4B	4.6B	4.8B	4.9B	3.2B
Retained Earnings	2.2B	1.2B	1.4B	1.4B	1.5B	1.1B
Accounts Payable	1.7B	2.5B	2.4B	2.9B	3.4B	3.6B
Cash	1.4B	707.2M	1.4B	878.6M	1.8B	968.2M
Other Assets	392.2M	388.2M	417.2M	429.1M	493.5M	518.2M
Net Receivables	3.0B	3.2B	2.9B	4.1B	4.3B	2.2B
Other Current Assets	719.5M	847.9M	621.5M	857.1M	870.5M	854.5M
Total Liab	3.1B	3.5B	3.1B	4.4B	5.7B	3.0B
Property Plant Equipment	701.2M	681.5M	709.6M	694.1M	798.2M	838.1M
Other Liab	358.0M	193.4M	135.8M	41.8M	48.0M	45.6M
Inventory	1.3K	869.7K	4.3M	4.2M	2.2M	2.0M
Intangible Assets	87.9M	33.7M	96.8M	74.5M	53.4M	99.3M
Good Will	1.7B	582.6M	480.9M	341.7M	307.6M	292.2M
Net Tangible Assets	3.3B	3.6B	3.8B	4.1B	4.7B	3.3B
Deferred Long Term Liab	33.1M	17.0M	15.6M	11.5M	10.3M	20.2M
Total Current Assets	5.1B	5.5B	5.3B	6.6B	7.8B	6.6B
Non Current Assets Total	3.7B	2.6B	2.6B	2.7B	2.8B	2.6B
Non Currrent Assets Other	13M	4.0B	61.5M	4.0M	21.5M	20.4M
Short Term Investments	609.8M	10.9M	8.6M	1.8M	1.6M	1.5M
Non Current Liabilities Total	193.4M	135.8M	51.3M	211.8M	258.8M	323.6M
Other Stockholder Equity	73.3M	73.7M	72.4M	72.4M	83.3M	67.0M
Short Long Term Debt	601.7M	337.9M	6M	319.5M	837.5M	879.3M
Non Current Liabilities Other	338.9M	175.5M	119.8M	25.9M	24.0M	22.8M
Net Invested Capital	6.0B	4.8B	4.6B	5.1B	5.7B	4.4B
Net Working Capital	2.1B	2.1B	2.2B	2.4B	2.4B	2.4B

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

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Guangdong Net Receivables vs Non Current Assets Total Analysis

Net Receivables vs Non Current Assets Total

Net Receivables vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Net Receivables

Non Current Assets Total

Guangdong Advertising fundamental ratios Correlations

Guangdong Advertising Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangdong Advertising fundamental ratios Accounts

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Other Information on Investing in Guangdong Stock

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Net Tangible Assets	+ 0.97	Property Plant Equipment
Net Receivables	+ 0.96	Total Assets
Property Plant Equipment	+ 0.96	Common Stock
Non Current Liabilities Total	+ 0.96	Long Term Debt
Total Stockholder Equity	+ 0.95	Total Assets
Long Term Investments	+ 0.95	Net Tangible Assets

Long Term Debt	- 0.97	Long Term Investments
Long Term Debt	- 0.91	Net Tangible Assets
Non Current Liabilities Total	- 0.9	Long Term Investments
Non Current Liabilities Total	- 0.87	Net Tangible Assets
Long Term Debt	- 0.87	Common Stock
Long Term Debt	- 0.86	Property Plant Equipment