Guangzhou Other Liab vs Non Current Assets Total Analysis

003010 Stock   20.80  0.87  4.37%   
Guangzhou Ruoyuchen financial indicator trend analysis is much more than just examining Guangzhou Ruoyuchen latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Ruoyuchen is a good investment. Please check the relationship between Guangzhou Ruoyuchen Other Liab 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 Ruoyuchen Information. 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.

Other Liab vs Non Current Assets Total

Other Liab 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 Ruoyuchen Other Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have no relationship.
The correlation between Guangzhou Ruoyuchen's Other Liab and Non Current Assets Total is 0.08. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Guangzhou Ruoyuchen Information, assuming nothing else is changed. The correlation between historical values of Guangzhou Ruoyuchen's Other Liab 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 Other Liab of Guangzhou Ruoyuchen Information 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 Other Liab i.e., Guangzhou Ruoyuchen's Other Liab and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Liab

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 Ruoyuchen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Ruoyuchen 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 Ruoyuchen Information. 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 4.2 M, whereas Selling General Administrative is forecasted to decline to about 250.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit407.2M409.1M549.8M382.0M
Total Revenue1.3B1.2B1.4B1.1B

Guangzhou Ruoyuchen fundamental ratios Correlations

-0.42-0.61-0.46-0.39-0.5-0.42-0.460.040.34-0.44-0.6-0.75-0.52-0.51-0.35-0.77-0.35-0.46-0.59-0.18-0.350.05-0.7-0.57-0.44
-0.420.80.810.650.860.930.890.41-0.660.840.830.680.820.790.70.670.510.960.750.630.720.230.720.780.7
-0.610.80.940.610.880.840.920.48-0.630.940.870.850.960.960.910.860.80.780.760.720.90.480.880.960.94
-0.460.810.940.630.930.870.960.61-0.640.980.890.720.980.980.930.730.850.740.550.720.950.450.850.950.95
-0.390.650.610.630.480.810.690.61-0.870.690.80.330.560.540.580.320.40.540.360.50.670.380.330.490.54
-0.50.860.880.930.480.830.920.47-0.50.910.840.80.950.940.810.790.790.840.620.560.830.180.90.930.85
-0.420.930.840.870.810.830.920.54-0.860.910.940.590.840.820.790.610.620.830.60.690.850.40.680.770.75
-0.460.890.920.960.690.920.920.67-0.70.980.920.710.950.940.890.680.780.820.640.740.910.450.780.920.92
0.040.410.480.610.610.470.540.67-0.540.660.580.20.540.550.60.080.650.280.090.40.680.40.160.490.62
0.34-0.66-0.63-0.64-0.87-0.5-0.86-0.7-0.54-0.7-0.85-0.29-0.55-0.55-0.59-0.34-0.42-0.48-0.31-0.59-0.72-0.46-0.37-0.47-0.52
-0.440.840.940.980.690.910.910.980.66-0.70.930.670.970.970.960.670.850.760.570.760.930.530.80.940.95
-0.60.830.870.890.80.840.940.920.58-0.850.930.620.860.860.820.640.710.730.530.670.850.40.740.820.81
-0.750.680.850.720.330.80.590.710.2-0.290.670.620.80.790.590.970.610.730.830.310.640.010.880.830.71
-0.520.820.960.980.560.950.840.950.54-0.550.970.860.81.00.940.80.860.80.660.710.90.430.90.990.96
-0.510.790.960.980.540.940.820.940.55-0.550.970.860.791.00.950.790.890.750.620.70.910.450.90.990.97
-0.350.70.910.930.580.810.790.890.6-0.590.960.820.590.940.950.620.890.650.510.820.890.690.770.920.97
-0.770.670.860.730.320.790.610.680.08-0.340.670.640.970.80.790.620.590.710.80.380.650.080.930.830.7
-0.350.510.80.850.40.790.620.780.65-0.420.850.710.610.860.890.890.590.440.330.510.820.440.720.860.91
-0.460.960.780.740.540.840.830.820.28-0.480.760.730.730.80.750.650.710.440.840.590.620.160.740.770.67
-0.590.750.760.550.360.620.60.640.09-0.310.570.530.830.660.620.510.80.330.840.490.470.190.680.690.59
-0.180.630.720.720.50.560.690.740.4-0.590.760.670.310.710.70.820.380.510.590.490.70.860.540.680.76
-0.350.720.90.950.670.830.850.910.68-0.720.930.850.640.90.910.890.650.820.620.470.70.520.720.860.89
0.050.230.480.450.380.180.40.450.4-0.460.530.40.010.430.450.690.080.440.160.190.860.520.210.420.6
-0.70.720.880.850.330.90.680.780.16-0.370.80.740.880.90.90.770.930.720.740.680.540.720.210.920.81
-0.570.780.960.950.490.930.770.920.49-0.470.940.820.830.990.990.920.830.860.770.690.680.860.420.920.97
-0.440.70.940.950.540.850.750.920.62-0.520.950.810.710.960.970.970.70.910.670.590.760.890.60.810.97
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Guangzhou Ruoyuchen Account Relationship Matchups

Guangzhou Ruoyuchen fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab24.3M25.1M15.3M803.7K168.0K159.6K
Total Current Liabilities87.8M116.9M164.2M115.8M243.4M128.0M
Net Tangible Assets453.2M525.9M1.0B1.0B1.2B1.3B
Retained Earnings227.5M316.0M335.5M327.7M350.2M197.7M
Accounts Payable29.6M20.3M27.0M15.8M20.0M22.3M
Other Assets7.0M6.2M9.0M12.5M14.4M7.2M
Net Receivables108.6M125.7M133.5M118.9M169.4M113.7M
Inventory173.2M262.9M305.5M193.5M318.6M185.9M
Other Current Assets111.0M140.3M223.2M16.0M21.3M20.2M
Deferred Long Term Liab605.8K277.7K706.7K1.2M1.1M871.7K
Total Current Assets607.3M1.1B1.1B895.6M1.0B679.6M
Property Plant Equipment1.6M2.6M6.9M139.8M160.8M168.8M
Total Assets641.7M1.2B1.2B1.2B1.3B948.4M
Total Stockholder Equity543.7M1.0B1.1B1.1B1.1B792.0M
Cash214.6M565.9M364.5M375.3M345.5M309.2M
Non Current Assets Total34.4M42.6M170.8M307.5M306.2M321.5M
Non Current Liabilities Total3.5M5.5M4.2M8.6M5.2M4.5M
Total Liab91.2M122.4M168.4M124.4M248.6M154.4M
Short Long Term Debt10M55.0M98.4M46.4M170.9M179.4M
Non Current Liabilities Other3.5M5.5M2.3M2.3M4.4M3.5M
Intangible Assets7.5M7.7M8.2M7.5M6.4M6.5M
Other Liab3.0M3.5M5.5M2.3M2.7M3.7M
Net Invested Capital553.7M1.1B1.2B1.1B1.3B955.6M
Net Working Capital519.6M1.0B902.4M779.8M796.1M741.7M

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Other Information on Investing in Guangzhou Stock

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