Guangzhou Common Stock vs Non Current Assets Total Analysis

002905 Stock   7.45  0.03  0.40%   
Guangzhou Jinyi financial indicator trend analysis is much more than just examining Guangzhou Jinyi Media latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Jinyi Media is a good investment. Please check the relationship between Guangzhou Jinyi Common Stock and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Jinyi Media. 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.

Common Stock vs Non Current Assets Total

Common Stock vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Jinyi Media Common Stock account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guangzhou Jinyi's Common Stock and Non Current Assets Total is 0.83. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Guangzhou Jinyi Media, assuming nothing else is changed. The correlation between historical values of Guangzhou Jinyi's Common Stock 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 Common Stock of Guangzhou Jinyi Media 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 Common Stock i.e., Guangzhou Jinyi's Common Stock and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock

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 Guangzhou Jinyi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Jinyi Media 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 Jinyi Media. 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 Selling General Administrative is expected to grow to about 206.2 M, whereas Tax Provision is projected to grow to (51.3 M).
 2023 2024 (projected)
Research Development2.5M2.4M
Reconciled Depreciation315.0M274.0M

Guangzhou Jinyi fundamental ratios Correlations

0.75-0.320.780.150.910.780.66-0.430.00.460.940.51-0.45-0.490.48-0.430.20.780.210.760.810.450.720.790.85
0.75-0.620.63-0.480.890.70.98-0.9-0.230.050.860.08-0.68-0.55-0.02-0.76-0.281.0-0.150.340.99-0.090.930.350.67
-0.32-0.620.020.42-0.47-0.53-0.670.730.640.27-0.450.060.490.420.250.560.16-0.620.7-0.16-0.540.26-0.59-0.02-0.55
0.780.630.02-0.060.740.680.54-0.40.350.460.750.35-0.3-0.40.43-0.55-0.010.630.490.460.720.30.620.550.57
0.15-0.480.42-0.06-0.23-0.11-0.60.760.290.56-0.140.60.350.080.710.670.76-0.450.460.6-0.410.84-0.320.550.11
0.910.89-0.470.74-0.230.780.86-0.68-0.140.160.990.25-0.57-0.480.12-0.62-0.10.91-0.040.460.910.060.780.540.77
0.780.7-0.530.68-0.110.780.67-0.57-0.120.20.810.36-0.25-0.550.23-0.620.050.720.030.510.740.160.610.60.85
0.660.98-0.670.54-0.60.860.67-0.94-0.28-0.140.830.03-0.7-0.5-0.2-0.77-0.30.98-0.280.180.95-0.270.870.240.62
-0.43-0.90.73-0.40.76-0.68-0.57-0.940.360.24-0.630.180.640.480.320.830.46-0.880.40.01-0.850.43-0.81-0.01-0.49
0.0-0.230.640.350.29-0.14-0.12-0.280.360.22-0.090.430.490.350.230.220.24-0.220.690.01-0.120.23-0.230.18-0.19
0.460.050.270.460.560.160.2-0.140.240.220.180.170.09-0.190.95-0.020.090.060.640.780.140.890.210.490.23
0.940.86-0.450.75-0.140.990.810.83-0.63-0.090.180.38-0.53-0.470.17-0.570.030.890.020.520.890.130.760.640.83
0.510.080.060.350.60.250.360.030.180.430.170.380.07-0.020.40.170.880.110.420.550.160.490.120.820.57
-0.45-0.680.49-0.30.35-0.57-0.25-0.70.640.490.09-0.530.070.640.060.380.13-0.660.39-0.15-0.640.09-0.71-0.13-0.38
-0.49-0.550.42-0.40.08-0.48-0.55-0.50.480.35-0.19-0.47-0.020.64-0.20.210.04-0.530.25-0.35-0.55-0.2-0.69-0.31-0.54
0.48-0.020.250.430.710.120.23-0.20.320.230.950.170.40.06-0.20.070.370.00.650.850.080.970.170.620.32
-0.43-0.760.56-0.550.67-0.62-0.62-0.770.830.22-0.02-0.570.170.380.210.070.49-0.740.08-0.1-0.750.27-0.64-0.02-0.42
0.2-0.280.16-0.010.76-0.10.05-0.30.460.240.090.030.880.130.040.370.49-0.250.270.42-0.220.51-0.150.660.36
0.781.0-0.620.63-0.450.910.720.98-0.88-0.220.060.890.11-0.66-0.530.0-0.74-0.25-0.140.370.99-0.070.90.390.69
0.21-0.150.70.490.46-0.040.03-0.280.40.690.640.020.420.390.250.650.080.27-0.140.39-0.030.59-0.110.46-0.01
0.760.34-0.160.460.60.460.510.180.010.010.780.520.55-0.15-0.350.85-0.10.420.370.390.410.870.460.810.65
0.810.99-0.540.72-0.410.910.740.95-0.85-0.120.140.890.16-0.64-0.550.08-0.75-0.220.99-0.030.410.00.920.430.69
0.45-0.090.260.30.840.060.16-0.270.430.230.890.130.490.09-0.20.970.270.51-0.070.590.870.00.10.670.31
0.720.93-0.590.62-0.320.780.610.87-0.81-0.230.210.760.12-0.71-0.690.17-0.64-0.150.9-0.110.460.920.10.380.69
0.790.35-0.020.550.550.540.60.24-0.010.180.490.640.82-0.13-0.310.62-0.020.660.390.460.810.430.670.380.79
0.850.67-0.550.570.110.770.850.62-0.49-0.190.230.830.57-0.38-0.540.32-0.420.360.69-0.010.650.690.310.690.79
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Guangzhou Jinyi Account Relationship Matchups

Guangzhou Jinyi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B2.7B5.3B4.5B4.0B2.7B
Other Current Liab317.2M3.1M1.9M52.2M52.7M50.1M
Total Current Liabilities934.5M806.4M1.3B1.2B1.3B973.5M
Total Stockholder Equity2.0B1.5B514.7M142.7M155.8M148.0M
Property Plant And Equipment Net946.3M741.4M3.6B3.0B2.4B1.2B
Net Debt(213.9M)(48.1M)3.5B3.2B2.6B2.7B
Retained Earnings891.7M369.1M(572.1M)(953.4M)(940.1M)(893.1M)
Accounts Payable328.7M292.7M260.5M269.2M214.9M323.7M
Cash413.9M422.2M436.8M414.8M639.3M462.3M
Non Current Assets Total1.7B1.5B4.4B3.8B3.1B1.8B
Non Currrent Assets Other896.0M752.6M532.0M478.1M389.6M460.9M
Other Assets317.4M446.8M1.0559.7M0.90.86
Cash And Short Term Investments736.4M626.6M440.8M419.9M644.5M502.1M
Net Receivables552.7M397.5M322.7M257.6M221.4M328.0M
Short Term Investments322.5M204.4M4.0M5.1M5.2M4.9M
Liabilities And Stockholders Equity3.1B2.7B5.3B4.5B4.0B2.7B
Non Current Liabilities Total194.7M395.4M3.5B3.1B2.6B2.7B
Inventory18.6M15.2M13.1M12.1M16.4M16.4M
Other Current Assets79.9M98.6M108.5M46.6M41.4M43.5M
Total Liab1.1B1.2B4.8B4.4B3.9B4.1B
Total Current Assets1.4B1.1B885.1M736.2M923.8M939.8M
Intangible Assets25.7M23.0M22.3M21.3M20.7M15.9M
Property Plant Equipment952.6M946.3M741.4M3.6B4.1B4.3B
Other Stockholder Equity792.6M685.3M577.8M577.8M664.4M391.9M
Other Liab224.8M194.7M175.4M151.9M136.7M159.2M
Net Tangible Assets1.9B1.9B1.4B492.4M443.2M421.0M
Deferred Long Term Liab441.4M552.1M540.6M506.5M582.5M471.7M
Short Long Term Debt200M107.9M162.5M248.1M284.6M151.7M
Net Invested Capital2.2B1.8B698.8M488.3M440.5M418.4M
Net Working Capital453.2M331.6M(382.3M)(489.1M)(384.9M)(365.7M)

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Other Information on Investing in Guangzhou Stock

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