Chongqing Non Currrent Assets Other vs Short Term Investments Analysis

002765 Stock   8.58  0.32  3.87%   
Chongqing Landai financial indicator trend analysis is way more than just evaluating Chongqing Landai Pow prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chongqing Landai Pow is a good investment. Please check the relationship between Chongqing Landai Non Currrent Assets Other and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chongqing Landai Powertrain. 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 Currrent Assets Other vs Short Term Investments

Non Currrent Assets Other vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing Landai Pow Non Currrent Assets Other account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Chongqing Landai's Non Currrent Assets Other and Short Term Investments is -0.11. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Chongqing Landai Powertrain, assuming nothing else is changed. The correlation between historical values of Chongqing Landai's Non Currrent Assets Other and Short Term Investments 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 Currrent Assets Other of Chongqing Landai Powertrain are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Chongqing Landai's Non Currrent Assets Other and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Short Term Investments

Short Term Investments is an item under the current assets section of Chongqing Landai balance sheet. It contains any investments Chongqing Landai Powertrain undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Chongqing Landai Pow can easily liquidate in the marketplace.
Most indicators from Chongqing Landai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chongqing Landai Pow 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 Chongqing Landai Powertrain. 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 November 28, 2024, Selling General Administrative is expected to decline to about 77.4 M. The current year's Tax Provision is expected to grow to about (11.7 M)
 2021 2022 2023 2024 (projected)
Cost Of Revenue2.6B2.4B2.5B1.3B
Research Development125.9M131.2M130.3M136.8M

Chongqing Landai fundamental ratios Correlations

0.040.980.990.830.560.850.940.770.50.890.970.820.990.80.970.980.670.880.860.920.940.860.950.56-0.04
0.040.05-0.010.28-0.06-0.18-0.11-0.29-0.410.08-0.060.30.090.320.040.15-0.590.050.020.03-0.150.150.05-0.390.04
0.980.050.960.740.480.860.890.750.540.850.980.770.980.70.930.950.690.80.820.890.960.780.950.54-0.11
0.99-0.010.960.820.590.840.960.770.480.90.970.810.980.780.960.960.680.870.840.910.940.860.920.56-0.02
0.830.280.740.820.560.610.760.550.150.80.720.890.840.990.870.880.260.940.810.80.660.940.750.290.09
0.56-0.060.480.590.560.250.610.26-0.080.60.490.260.530.520.550.50.340.50.350.70.460.580.380.480.27
0.85-0.180.860.840.610.250.790.910.810.750.870.690.840.590.80.80.710.750.850.790.920.710.890.5-0.12
0.94-0.110.890.960.760.610.790.760.480.870.890.730.910.720.90.870.70.80.730.870.890.850.820.620.06
0.77-0.290.750.770.550.260.910.760.880.610.740.550.750.520.710.70.670.720.810.740.820.660.830.75-0.12
0.5-0.410.540.480.15-0.080.810.480.880.340.540.270.50.140.430.410.690.380.570.450.670.330.630.63-0.2
0.890.080.850.90.80.60.750.870.610.340.860.840.870.750.850.850.590.750.680.790.860.870.730.30.16
0.97-0.060.980.970.720.490.870.890.740.540.860.760.960.670.940.940.760.810.830.860.970.750.930.51-0.13
0.820.30.770.810.890.260.690.730.550.270.840.760.830.860.830.870.340.830.760.640.70.850.750.130.01
0.990.090.980.980.840.530.840.910.750.50.870.960.830.810.970.980.640.890.870.920.940.870.960.54-0.06
0.80.320.70.780.990.520.590.720.520.140.750.670.860.810.840.850.20.930.80.790.620.940.730.260.08
0.970.040.930.960.870.550.80.90.710.430.850.940.830.970.840.980.640.930.860.880.890.880.920.490.08
0.980.150.950.960.880.50.80.870.70.410.850.940.870.980.850.980.570.920.870.880.890.860.940.46-0.02
0.67-0.590.690.680.260.340.710.70.670.690.590.760.340.640.20.640.570.460.490.540.820.420.620.620.01
0.880.050.80.870.940.50.750.80.720.380.750.810.830.890.930.930.920.460.930.850.760.90.870.470.0
0.860.020.820.840.810.350.850.730.810.570.680.830.760.870.80.860.870.490.930.820.80.770.920.48-0.27
0.920.030.890.910.80.70.790.870.740.450.790.860.640.920.790.880.880.540.850.820.870.850.890.620.01
0.94-0.150.960.940.660.460.920.890.820.670.860.970.70.940.620.890.890.820.760.80.870.760.910.57-0.07
0.860.150.780.860.940.580.710.850.660.330.870.750.850.870.940.880.860.420.90.770.850.760.750.40.22
0.950.050.950.920.750.380.890.820.830.630.730.930.750.960.730.920.940.620.870.920.890.910.750.59-0.19
0.56-0.390.540.560.290.480.50.620.750.630.30.510.130.540.260.490.460.620.470.480.620.570.40.59-0.11
-0.040.04-0.11-0.020.090.27-0.120.06-0.12-0.20.16-0.130.01-0.060.080.08-0.020.010.0-0.270.01-0.070.22-0.19-0.11
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Chongqing Landai Account Relationship Matchups

Chongqing Landai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.9B4.4B4.7B5.1B2.9B
Other Current Liab341.7M74.1M72.9M3.1M551.3K523.7K
Total Current Liabilities1.1B1.3B1.5B1.6B1.7B933.7M
Total Stockholder Equity1.5B1.8B2.0B2.2B2.4B1.4B
Other Liab780.2M740.8M592.2M543.5M625.0M426.4M
Retained Earnings204.1M208.5M418.6M575.0M111.2M105.6M
Accounts Payable498.8M843.1M1.0B933.9M1.3B1.4B
Cash286.7M452.6M489.9M650.8M675.4M347.7M
Other Assets158.3M180.8M177.9M493.2M567.2M595.5M
Net Receivables613.4M612.4M1.0B666.1M885.5M589.0M
Inventory409.7M546.2M736.7M646.3M759.7M399.4M
Other Current Assets69.4M62.9M57.0M27.2M80.1M42.8M
Total Liab2.0B2.1B2.3B2.4B2.7B1.5B
Intangible Assets362.8M346.5M273.8M261.9M278.4M238.4M
Common Stock481.5M575.2M582.6M583.0M670.5M377.5M
Property Plant Equipment779.0M1.1B1.1B1.1B1.3B759.5M
Net Tangible Assets943.9M656.7M980.6M1.3B1.5B1.0B
Deferred Long Term Liab36.4M44.2M32.9M38.0M43.7M31.6M
Short Long Term Debt238M287.2M304.2M437.1M240.9M255.6M
Total Current Assets1.4B1.8B2.3B2.2B2.5B1.8B
Non Current Assets Total2.1B2.2B2.1B2.5B2.6B2.0B
Non Currrent Assets Other50.3M30.8M31.6M341.5M203.5M123.6M
Non Current Liabilities Total825.2M800.3M773.9M860.2M964.2M820.9M
Common Stock Shares Outstanding421.3M481.5M575.2M583.0M655.8M584.7M
Net Invested Capital1.8B2.2B2.5B2.9B3.1B2.4B
Net Working Capital245.8M487.3M806.9M652.1M773.7M673.9M
Capital Stock481.5M575.2M582.6M583.0M655.8M604.9M

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Other Information on Investing in Chongqing Stock

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