Chengdu Total Assets vs Net Receivables Analysis

002480 Stock

5.27 0.29 5.22%

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

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chengdu Xinzhu RoadBridge Total Assets account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Chengdu Xinzhu's Total Assets and Net Receivables is 0.5. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Chengdu Xinzhu RoadBridge, assuming nothing else is changed. The correlation between historical values of Chengdu Xinzhu's Total Assets and Net Receivables 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 Assets of Chengdu Xinzhu RoadBridge are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Chengdu Xinzhu's Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.5

Relationship Direction	Positive
Relationship Strength	Weak

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Total Assets

Total assets refers to the total amount of Chengdu Xinzhu assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Chengdu Xinzhu RoadBridge books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Receivables

Most indicators from Chengdu Xinzhu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chengdu Xinzhu RoadBridge 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 Chengdu Xinzhu RoadBridge. 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 58.8 M, whereas Selling General Administrative is forecasted to decline to about 55.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	185.5M	511.4M	644.1M	408.4M
Research Development	59.1M	77.7M	83.6M	58.8M

Gross Profit Research Development

Chengdu Xinzhu fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Short Term Investments	Net Tangible Assets	Good Will	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.29	0.94	0.14	0.59	-0.88	0.89	0.86	0.87	0.5	0.27	0.08	0.99	0.68	0.62	0.64	0.92	-0.73	0.57	-0.76	-0.74	0.76	0.82	0.22	0.82	0.67
Other Current Liab	0.29		0.3	0.22	0.32	-0.2	0.33	0.48	0.32	-0.37	-0.09	-0.16	0.27	0.38	0.36	0.37	0.13	-0.06	0.66	-0.57	-0.13	0.31	0.37	0.03	0.31	0.37
Total Current Liabilities	0.94	0.3		0.17	0.61	-0.8	0.98	0.84	0.92	0.51	0.46	-0.1	0.94	0.74	0.61	0.66	0.8	-0.7	0.49	-0.7	-0.62	0.83	0.89	0.48	0.86	0.79
Total Stockholder Equity	0.14	0.22	0.17		0.45	0.28	0.2	0.24	0.34	0.29	0.4	-0.04	0.01	0.32	0.58	0.52	-0.14	0.14	0.05	-0.06	0.1	0.11	0.19	0.26	-0.07	0.12
Other Liab	0.59	0.32	0.61	0.45		-0.42	0.61	0.46	0.77	0.47	0.34	-0.27	0.53	0.82	0.86	0.81	0.36	-0.13	0.39	-0.51	-0.43	0.65	0.63	0.18	0.49	0.54
Retained Earnings	-0.88	-0.2	-0.8	0.28	-0.42		-0.73	-0.67	-0.71	-0.25	0.03	-0.05	-0.93	-0.53	-0.38	-0.42	-0.91	0.77	-0.58	0.8	0.86	-0.68	-0.7	-0.02	-0.7	-0.56
Accounts Payable	0.89	0.33	0.98	0.2	0.61	-0.73		0.79	0.9	0.51	0.52	-0.19	0.89	0.75	0.63	0.67	0.74	-0.66	0.46	-0.61	-0.5	0.8	0.88	0.53	0.86	0.76
Cash	0.86	0.48	0.84	0.24	0.46	-0.67	0.79		0.71	0.36	0.23	0.08	0.84	0.53	0.5	0.46	0.76	-0.67	0.71	-0.7	-0.55	0.65	0.75	0.33	0.76	0.66
Other Assets	0.87	0.32	0.92	0.34	0.77	-0.71	0.9	0.71		0.52	0.38	-0.25	0.83	0.88	0.8	0.78	0.65	-0.51	0.48	-0.72	-0.66	0.87	0.9	0.49	0.73	0.82
Net Receivables	0.5	-0.37	0.51	0.29	0.47	-0.25	0.51	0.36	0.52		0.56	0.05	0.46	0.49	0.53	0.49	0.45	-0.14	-0.09	0.02	-0.2	0.5	0.45	0.41	0.59	0.47
Inventory	0.27	-0.09	0.46	0.4	0.34	0.03	0.52	0.23	0.38	0.56		-0.14	0.23	0.41	0.32	0.42	0.08	-0.02	-0.37	0.14	0.21	0.36	0.4	0.6	0.42	0.37
Other Current Assets	0.08	-0.16	-0.1	-0.04	-0.27	-0.05	-0.19	0.08	-0.25	0.05	-0.14		0.07	-0.42	-0.15	-0.07	0.25	-0.15	0.02	0.1	-0.05	-0.3	-0.37	-0.45	-0.03	-0.29
Total Liab	0.99	0.27	0.94	0.01	0.53	-0.93	0.89	0.84	0.83	0.46	0.23	0.07		0.64	0.54	0.57	0.95	-0.77	0.57	-0.76	-0.76	0.76	0.81	0.21	0.83	0.67
Intangible Assets	0.68	0.38	0.74	0.32	0.82	-0.53	0.75	0.53	0.88	0.49	0.41	-0.42	0.64		0.87	0.85	0.43	-0.12	0.35	-0.66	-0.56	0.92	0.85	0.41	0.68	0.84
Common Stock	0.62	0.36	0.61	0.58	0.86	-0.38	0.63	0.5	0.8	0.53	0.32	-0.15	0.54	0.87		0.9	0.38	-0.09	0.42	-0.53	-0.45	0.7	0.64	0.22	0.53	0.61
Property Plant Equipment	0.64	0.37	0.66	0.52	0.81	-0.42	0.67	0.46	0.78	0.49	0.42	-0.07	0.57	0.85	0.9		0.39	-0.1	0.36	-0.57	-0.47	0.75	0.67	0.24	0.57	0.66
Long Term Debt	0.92	0.13	0.8	-0.14	0.36	-0.91	0.74	0.76	0.65	0.45	0.08	0.25	0.95	0.43	0.38	0.39		-0.79	0.53	-0.63	-0.72	0.57	0.63	0.0	0.76	0.47
Short Term Investments	-0.73	-0.06	-0.7	0.14	-0.13	0.77	-0.66	-0.67	-0.51	-0.14	-0.02	-0.15	-0.77	-0.12	-0.09	-0.1	-0.79		-0.52	0.52	0.55	-0.31	-0.48	-0.14	-0.48	-0.25
Net Tangible Assets	0.57	0.66	0.49	0.05	0.39	-0.58	0.46	0.71	0.48	-0.09	-0.37	0.02	0.57	0.35	0.42	0.36	0.53	-0.52		-0.76	-0.56	0.44	0.5	-0.01	0.46	0.43
Good Will	-0.76	-0.57	-0.7	-0.06	-0.51	0.8	-0.61	-0.7	-0.72	0.02	0.14	0.1	-0.76	-0.66	-0.53	-0.57	-0.63	0.52	-0.76		0.87	-0.73	-0.74	-0.04	-0.5	-0.64
Other Stockholder Equity	-0.74	-0.13	-0.62	0.1	-0.43	0.86	-0.5	-0.55	-0.66	-0.2	0.21	-0.05	-0.76	-0.56	-0.45	-0.47	-0.72	0.55	-0.56	0.87		-0.69	-0.64	0.07	-0.43	-0.53
Deferred Long Term Liab	0.76	0.31	0.83	0.11	0.65	-0.68	0.8	0.65	0.87	0.5	0.36	-0.3	0.76	0.92	0.7	0.75	0.57	-0.31	0.44	-0.73	-0.69		0.93	0.51	0.79	0.95
Long Term Investments	0.82	0.37	0.89	0.19	0.63	-0.7	0.88	0.75	0.9	0.45	0.4	-0.37	0.81	0.85	0.64	0.67	0.63	-0.48	0.5	-0.74	-0.64	0.93		0.55	0.79	0.88
Short Long Term Debt	0.22	0.03	0.48	0.26	0.18	-0.02	0.53	0.33	0.49	0.41	0.6	-0.45	0.21	0.41	0.22	0.24	0.0	-0.14	-0.01	-0.04	0.07	0.51	0.55		0.44	0.67
Total Current Assets	0.82	0.31	0.86	-0.07	0.49	-0.7	0.86	0.76	0.73	0.59	0.42	-0.03	0.83	0.68	0.53	0.57	0.76	-0.48	0.46	-0.5	-0.43	0.79	0.79	0.44		0.8
Short Term Debt	0.67	0.37	0.79	0.12	0.54	-0.56	0.76	0.66	0.82	0.47	0.37	-0.29	0.67	0.84	0.61	0.66	0.47	-0.25	0.43	-0.64	-0.53	0.95	0.88	0.67	0.8

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Chengdu Xinzhu Account Relationship Matchups

Chengdu Xinzhu fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.6B	7.4B	6.2B	11.8B	13.4B	14.1B
Other Current Liab	42.8M	829.7M	31.9M	237.8M	227.1M	134.7M
Total Current Liabilities	4.4B	3.4B	2.8B	3.8B	5.5B	5.8B
Total Stockholder Equity	2.2B	2.7B	2.4B	1.8B	1.4B	2.0B
Other Liab	41.7M	45.4M	53.9M	53.8M	61.8M	35.7M
Retained Earnings	49.8M	109.0M	(177.1M)	(768.4M)	(1.1B)	(1.1B)
Accounts Payable	2.3B	1.8B	1.1B	1.5B	2.6B	2.8B
Cash	920.2M	1.7B	817.6M	1.3B	1.9B	2.0B
Other Assets	795.3M	754.9M	718.3M	818.5M	941.2M	988.3M
Net Receivables	1.7B	365.2M	1.0B	1.5B	1.7B	1.2B
Inventory	1.5B	549.9M	477.1M	455.5M	599.4M	606.5M
Other Current Assets	50.1M	40.9M	38.8M	170.8M	233.5M	141.1M
Total Liab	5.3B	4.6B	3.7B	8.9B	10.9B	11.4B
Intangible Assets	793.6M	729.0M	808.1M	862.0M	799.0M	400.9M
Common Stock	653.6M	654.7M	651.0M	769.2M	884.5M	488.2M
Property Plant Equipment	1.6B	2.1B	2.2B	2.2B	2.5B	1.4B
Long Term Debt	903.2M	488.4M	198.8M	3.2B	3.8B	3.9B
Net Tangible Assets	2.0B	1.6B	2.3B	2.0B	2.3B	2.2B
Other Stockholder Equity	1.7M	9.1M	(1.3M)	(42.8M)	(38.5M)	(36.6M)
Deferred Long Term Liab	385.7M	386.0M	325.9M	435.1M	500.3M	301.3M
Short Long Term Debt	914.9M	698.7M	711.1M	397.2M	610.6M	723.9M
Total Current Assets	4.1B	3.6B	2.4B	4.1B	5.3B	3.9B
Non Current Assets Total	3.5B	3.8B	3.8B	7.7B	8.1B	4.7B
Non Currrent Assets Other	74.9M	4.9M	5.1M	253.1M	26.4M	25.1M
Non Current Liabilities Total	947.8M	1.2B	883.4M	5.2B	5.4B	5.6B
Non Current Liabilities Other	746.0M	430.5M	145M	724M	694.5M	483.2M
Net Debt	495.5M	425.2M	92.3M	2.3B	2.4B	2.6B
Net Invested Capital	3.5B	3.9B	3.3B	5.4B	5.8B	4.7B
Net Working Capital	(241.4M)	170.0M	(466.0M)	354.9M	(179.7M)	(170.7M)

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Other Information on Investing in Chengdu Stock

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

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Chengdu Total Assets vs Net Receivables Analysis

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

Correlation Coefficient

Total Assets

Net Receivables

Chengdu Xinzhu fundamental ratios Correlations

Chengdu Xinzhu Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chengdu Xinzhu fundamental ratios Accounts

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Other Information on Investing in Chengdu Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Assets
Accounts Payable	+ 0.98	Total Current Liabilities
Long Term Debt	+ 0.95	Total Liab
Short Term Debt	+ 0.95	Deferred Long Term Liab
Total Current Liabilities	+ 0.94	Total Assets
Total Liab	+ 0.94	Total Current Liabilities

Total Liab	- 0.93	Retained Earnings
Long Term Debt	- 0.91	Retained Earnings
Retained Earnings	- 0.88	Total Assets
Retained Earnings	- 0.8	Total Current Liabilities
Short Term Investments	- 0.79	Long Term Debt
Short Term Investments	- 0.77	Total Liab