Guangzhou Net Receivables vs Intangible Assets Analysis

002461 Stock   9.25  0.16  1.76%   
Guangzhou Zhujiang financial indicator trend analysis is much more than just examining Guangzhou Zhujiang latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Zhujiang is a good investment. Please check the relationship between Guangzhou Zhujiang Net Receivables and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Zhujiang Brewery. 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 Receivables vs Intangible Assets

Net Receivables vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Zhujiang Net Receivables account and Intangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Guangzhou Zhujiang's Net Receivables and Intangible Assets is -0.51. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Guangzhou Zhujiang Brewery, assuming nothing else is changed. The correlation between historical values of Guangzhou Zhujiang's Net Receivables and Intangible 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 Net Receivables of Guangzhou Zhujiang Brewery are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Receivables i.e., Guangzhou Zhujiang's Net Receivables and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Receivables

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Guangzhou Zhujiang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Zhujiang 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 Guangzhou Zhujiang Brewery. 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.
As of February 25, 2025, Selling General Administrative is expected to decline to about 272.9 M. In addition to that, Tax Provision is expected to decline to about 92.6 M
 2022 2023 2024 2025 (projected)
Operating Income487.3M563.9M648.5M681.0M
Total Revenue4.9B5.4B6.2B4.2B

Guangzhou Zhujiang fundamental ratios Correlations

0.68-0.220.870.890.420.78-0.860.77-0.220.80.760.640.150.8-0.840.440.660.170.930.960.880.590.660.870.49
0.68-0.240.810.64-0.060.53-0.750.72-0.560.80.30.71-0.250.8-0.47-0.050.75-0.320.480.660.70.860.390.69-0.1
-0.22-0.240.01-0.27-0.02-0.280.21-0.210.03-0.26-0.1-0.050.3-0.250.27-0.38-0.16-0.09-0.23-0.19-0.28-0.19-0.12-0.29-0.28
0.870.810.010.790.310.68-0.780.79-0.270.790.620.68-0.080.79-0.640.020.68-0.020.730.860.80.780.540.780.14
0.890.64-0.270.790.360.9-0.90.92-0.240.910.680.730.050.91-0.870.340.780.120.840.840.990.750.60.960.38
0.42-0.06-0.020.310.360.38-0.20.340.690.180.790.160.120.17-0.410.590.210.210.410.560.260.040.310.250.74
0.780.53-0.280.680.90.38-0.80.84-0.110.820.630.54-0.030.82-0.860.360.680.140.730.760.890.650.510.880.39
-0.86-0.750.21-0.78-0.9-0.2-0.8-0.90.42-0.97-0.62-0.81-0.01-0.970.83-0.34-0.870.21-0.69-0.84-0.9-0.74-0.66-0.94-0.32
0.770.72-0.210.790.920.340.84-0.9-0.220.960.630.84-0.130.96-0.760.220.9-0.210.610.790.910.870.560.890.28
-0.22-0.560.03-0.27-0.240.69-0.110.42-0.22-0.410.2-0.320.09-0.410.010.34-0.320.3-0.16-0.05-0.3-0.38-0.28-0.370.51
0.80.8-0.260.790.910.180.82-0.970.96-0.410.550.85-0.121.0-0.780.230.91-0.260.630.790.920.860.590.940.22
0.760.3-0.10.620.680.790.63-0.620.630.20.550.420.230.55-0.670.540.450.040.680.80.570.310.810.630.65
0.640.71-0.050.680.730.160.54-0.810.84-0.320.850.420.140.85-0.610.140.91-0.360.460.660.750.770.410.720.17
0.15-0.250.3-0.080.050.12-0.03-0.01-0.130.09-0.120.230.14-0.11-0.220.29-0.080.290.290.080.0-0.320.25-0.010.3
0.80.8-0.250.790.910.170.82-0.970.96-0.411.00.550.85-0.11-0.770.230.92-0.260.630.790.920.860.590.940.22
-0.84-0.470.27-0.64-0.87-0.41-0.860.83-0.760.01-0.78-0.67-0.61-0.22-0.77-0.59-0.63-0.21-0.79-0.84-0.86-0.53-0.51-0.85-0.64
0.44-0.05-0.380.020.340.590.36-0.340.220.340.230.540.140.290.23-0.590.230.190.440.530.31-0.160.250.310.92
0.660.75-0.160.680.780.210.68-0.870.9-0.320.910.450.91-0.080.92-0.630.23-0.410.480.70.80.780.410.760.16
0.17-0.32-0.09-0.020.120.210.140.21-0.210.3-0.260.04-0.360.29-0.26-0.210.19-0.410.480.080.12-0.25-0.190.010.31
0.930.48-0.230.730.840.410.73-0.690.61-0.160.630.680.460.290.63-0.790.440.480.480.840.830.420.550.770.49
0.960.66-0.190.860.840.560.76-0.840.79-0.050.790.80.660.080.79-0.840.530.70.080.840.830.590.580.820.59
0.880.7-0.280.80.990.260.89-0.90.91-0.30.920.570.750.00.92-0.860.310.80.120.830.830.790.490.960.33
0.590.86-0.190.780.750.040.65-0.740.87-0.380.860.310.77-0.320.86-0.53-0.160.78-0.250.420.590.790.340.77-0.09
0.660.39-0.120.540.60.310.51-0.660.56-0.280.590.810.410.250.59-0.510.250.41-0.190.550.580.490.340.640.29
0.870.69-0.290.780.960.250.88-0.940.89-0.370.940.630.72-0.010.94-0.850.310.760.010.770.820.960.770.640.32
0.49-0.1-0.280.140.380.740.39-0.320.280.510.220.650.170.30.22-0.640.920.160.310.490.590.33-0.090.290.32
Click cells to compare fundamentals

Guangzhou Zhujiang Account Relationship Matchups

Guangzhou Zhujiang fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets13.0B13.5B13.9B14.5B16.7B8.8B
Short Long Term Debt Total1.3B1.4B1.5B1.6B1.9B975.1M
Other Current Liab5.3M7.9M662.0M8.6M7.8M7.4M
Total Current Liabilities2.4B2.7B3.3B3.5B4.1B2.3B
Total Stockholder Equity8.9B9.3B9.6B10.0B11.5B12.0B
Property Plant And Equipment Net3.0B3.0B3.1B3.5B4.0B3.3B
Current Deferred Revenue1.2B1.3B635.9M1.3B1.5B1.6B
Net Debt(4.9B)(5.4B)(5.2B)(5.5B)(4.9B)(4.7B)
Retained Earnings2.0B2.3B2.6B3.0B3.4B3.6B
Accounts Payable514.9M490.9M516.1M624.1M717.7M695.1M
Cash6.2B6.8B6.7B7.1B8.2B8.6B
Non Current Assets Total4.4B5.0B5.0B5.4B6.2B4.5B
Non Currrent Assets Other268.8M63.8M342.8M212.2M244.1M256.3M
Other Assets1.0389.9M382.7M407.7M1.151.09
Cash And Short Term Investments6.4B6.8B7.0B7.3B8.3B8.8B
Net Receivables36.1M34.3M47.4M50.0M45.0M42.7M
Liabilities And Stockholders Equity13.0B13.5B13.9B14.5B16.7B8.8B
Non Current Liabilities Total1.6B1.5B968.1M938.1M1.1B876.3M
Inventory2.1B1.7B1.8B1.8B2.1B2.2B
Other Current Assets21.5M30.2M53.0M26.2M30.2M28.6M
Total Liab4.0B4.2B4.3B4.5B5.1B3.2B
Total Current Assets8.6B8.6B8.9B9.1B10.5B11.0B
Short Term Debt763.7M896.5M1.5B1.6B1.8B1.9B
Intangible Assets948.7M1.4B1.4B1.3B1.5B911.6M
Other Liab1.2B1.1B1.1B1.0B1.2B796.3M
Property Plant Equipment3.2B3.0B3.0B3.1B3.6B3.7B
Net Tangible Assets6.2B8.0B7.9B8.2B9.5B7.0B
Short Term Investments258.5M50.1M293.3M157.3M141.6M134.5M
Short Long Term Debt763.2M893.8M991.6M1.6B1.8B1.9B
Net Invested Capital10.2B10.7B10.6B11.6B13.3B10.9B
Net Working Capital6.1B5.9B5.6B5.6B6.4B5.8B
Property Plant And Equipment Gross5.0B5.3B3.1B3.5B3.1B3.5B
Accumulated Other Comprehensive Income300.0M315.7M338.5M352.6M405.4M351.0M

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Other Information on Investing in Guangzhou Stock

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