Guangdong Property Plant Equipment vs Non Current Assets Total Analysis

200539 Stock   2.00  0.01  0.50%   
Guangdong Electric financial indicator trend analysis is much more than just examining Guangdong Electric Power latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Electric Power is a good investment. Please check the relationship between Guangdong Electric Property Plant Equipment and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Electric Power. 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.

Property Plant Equipment vs Non Current Assets Total

Property Plant Equipment vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Electric Power Property Plant Equipment account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guangdong Electric's Property Plant Equipment and Non Current Assets Total is 0.74. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Guangdong Electric Power, assuming nothing else is changed. The correlation between historical values of Guangdong Electric's Property Plant Equipment 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 Property Plant Equipment of Guangdong Electric Power 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 Property Plant Equipment i.e., Guangdong Electric's Property Plant Equipment and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

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 Guangdong Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Electric Power 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 Guangdong Electric Power. 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 Selling General Administrative is expected to grow to about 1.4 B. The current year's Tax Provision is expected to grow to about 829.4 M
 2021 2022 2023 2024 (projected)
EBITDA726.5M2.9B2.6B4.2B
Interest Income133.8M132.6M124.3M100.5M

Guangdong Electric fundamental ratios Correlations

0.40.970.39-0.190.560.970.950.980.980.320.66-0.270.990.880.560.960.220.360.170.66-0.210.740.810.820.54
0.40.50.470.210.770.230.480.270.490.320.740.050.360.410.470.530.30.8-0.060.580.190.310.530.470.29
0.970.50.31-0.280.680.910.940.930.990.340.73-0.220.970.80.480.940.40.430.160.69-0.150.730.80.850.49
0.390.470.310.770.370.230.330.240.30.720.47-0.020.250.450.910.59-0.040.180.270.41-0.150.350.380.20.56
-0.190.21-0.280.77-0.09-0.32-0.18-0.32-0.270.39-0.050.15-0.340.010.510.04-0.36-0.040.260.01-0.08-0.11-0.12-0.320.3
0.560.770.680.37-0.090.410.610.470.630.580.93-0.060.550.410.50.620.60.72-0.210.620.250.460.640.650.3
0.970.230.910.23-0.320.410.920.990.940.140.51-0.360.980.880.430.870.10.270.180.6-0.250.740.790.820.52
0.950.480.940.33-0.180.610.920.930.950.240.69-0.340.950.890.470.90.160.470.160.77-0.170.770.810.860.47
0.980.270.930.24-0.320.470.990.930.940.20.58-0.30.990.880.460.890.120.330.090.58-0.190.70.780.820.49
0.980.490.990.3-0.270.630.940.950.940.250.69-0.240.980.840.480.930.330.420.20.73-0.180.780.820.870.51
0.320.320.340.720.390.580.140.240.20.250.650.10.240.150.70.480.410.15-0.040.240.080.250.260.230.25
0.660.740.730.47-0.050.930.510.690.580.690.65-0.110.650.560.630.710.450.73-0.240.670.140.570.740.730.37
-0.270.05-0.22-0.020.15-0.06-0.36-0.34-0.3-0.240.1-0.11-0.28-0.47-0.04-0.150.18-0.07-0.27-0.480.42-0.47-0.42-0.32-0.35
0.990.360.970.25-0.340.550.980.950.990.980.240.65-0.280.850.450.910.250.370.120.63-0.170.730.80.850.48
0.880.410.80.450.010.410.880.890.880.840.150.56-0.470.850.60.84-0.180.450.190.71-0.210.740.870.790.69
0.560.470.480.910.510.50.430.470.460.480.70.63-0.040.450.60.70.040.310.090.51-0.060.520.610.470.63
0.960.530.940.590.040.620.870.90.890.930.480.71-0.150.910.840.70.260.380.240.67-0.180.690.770.750.58
0.220.30.4-0.04-0.360.60.10.160.120.330.410.450.180.25-0.180.040.260.050.060.280.010.230.090.25-0.15
0.360.80.430.18-0.040.720.270.470.330.420.150.73-0.070.370.450.310.380.05-0.50.420.360.20.60.510.26
0.17-0.060.160.270.26-0.210.180.160.090.2-0.04-0.24-0.270.120.190.090.240.06-0.50.38-0.410.310.010.070.21
0.660.580.690.410.010.620.60.770.580.730.240.67-0.480.630.710.510.670.280.420.38-0.240.870.750.810.48
-0.210.19-0.15-0.15-0.080.25-0.25-0.17-0.19-0.180.080.140.42-0.17-0.21-0.06-0.180.010.36-0.41-0.24-0.42-0.090.05-0.33
0.740.310.730.35-0.110.460.740.770.70.780.250.57-0.470.730.740.520.690.230.20.310.87-0.420.780.840.55
0.810.530.80.38-0.120.640.790.810.780.820.260.74-0.420.80.870.610.770.090.60.010.75-0.090.780.880.78
0.820.470.850.2-0.320.650.820.860.820.870.230.73-0.320.850.790.470.750.250.510.070.810.050.840.880.45
0.540.290.490.560.30.30.520.470.490.510.250.37-0.350.480.690.630.58-0.150.260.210.48-0.330.550.780.45
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Guangdong Electric Account Relationship Matchups

Guangdong Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets75.5B86.0B114.3B131.5B161.2B169.3B
Other Current Liab4.2B8.0B11.3B10.3B2.8B3.7B
Total Current Liabilities19.7B27.9B37.8B42.0B46.8B49.2B
Total Stockholder Equity26.2B27.4B23.2B20.2B22.1B16.9B
Retained Earnings14.2B16.6B11.9B200.7M1.3B1.2B
Accounts Payable3.8B4.1B7.3B7.4B5.2B3.1B
Cash5.1B5.8B8.1B11.5B16.4B17.3B
Other Assets2.5B3.3B3.9B6.4B7.3B7.7B
Long Term Debt20.6B20.5B37.6B52.0B67.9B71.3B
Net Receivables3.4B5.3B7.0B7.6B9.0B9.4B
Inventory1.8B1.7B3.0B3.4B2.7B1.4B
Other Current Assets976.3M1.5B2.3B875.6M1.5B1.4B
Total Liab41.3B50.2B81.5B102.8B127.3B133.7B
Intangible Assets1.8B2.1B2.7B3.3B3.5B3.7B
Property Plant Equipment48.9B49.4B63.7B70.7B81.3B85.4B
Other Liab703.4M1.2B1.4B1.4B1.6B978.2M
Net Tangible Assets22.4B24.3B29.2B20.2B23.3B25.4B
Other Stockholder Equity550.0M1.7B2.0B1.8B2.0B1.0B
Deferred Long Term Liab22.1M19.5M28.3M30.3M27.3M21.8M
Short Long Term Debt5.9B7.6B12.4B16.3B15.8B10.0B
Total Current Assets11.3B18.4B22.9B25.8B31.9B19.1B
Non Current Assets Total64.2B72.4B91.4B105.7B129.3B88.4B
Non Currrent Assets Other2.8B3.2B4.7B6.6B8.8B9.3B
Non Current Liabilities Total21.6B24.9B43.8B60.8B80.5B41.3B
Non Current Liabilities Other216.4M201.0M197.2M795.7M907.2M952.6M
Net Debt18.9B22.3B41.9B56.7B67.3B39.8B
Net Invested Capital50.2B55.5B73.2B88.5B105.8B75.1B
Net Working Capital(8.4B)(11.8B)(14.9B)(16.2B)(14.9B)(15.7B)

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Other Information on Investing in Guangdong Stock

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