Chongqing Net Receivables vs Property Plant Equipment Analysis

300122 Stock

29.39 0.39 1.34%

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

Net Receivables vs Property Plant Equipment

Net Receivables vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing Zhifei Bio Net Receivables account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Chongqing Zhifei's Net Receivables and Property Plant Equipment is 0.98. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Chongqing Zhifei Bio, assuming nothing else is changed. The correlation between historical values of Chongqing Zhifei's Net Receivables and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Chongqing Zhifei Bio are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Receivables i.e., Chongqing Zhifei's Net Receivables and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Receivables

Property Plant Equipment

Most indicators from Chongqing Zhifei's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chongqing Zhifei Bio 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 Zhifei Bio. 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 116.1 M, whereas Tax Provision is forecasted to decline to about 748.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	15.0B	12.9B	13.9B	14.6B
Total Revenue	30.7B	38.3B	52.7B	55.3B

Gross Profit Total Revenue

Chongqing Zhifei fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total
Total Assets		0.91	0.99	1.0	0.97	0.98	-0.58	1.0	1.0	0.94	0.99	0.88	0.95	0.94	1.0	0.19	0.9	0.99	0.87	-0.56	0.99	1.0	0.99	0.78	0.99	0.81
Other Current Liab	0.91		0.88	0.93	0.84	0.86	-0.54	0.93	0.89	0.85	0.87	0.62	0.82	0.85	0.94	0.24	0.73	0.84	0.85	-0.44	0.87	0.92	0.9	0.64	0.88	0.71
Total Current Liabilities	0.99	0.88		0.99	0.97	0.98	-0.54	0.98	0.99	0.93	0.99	0.9	0.95	0.93	0.99	0.15	0.9	0.99	0.86	-0.6	1.0	0.99	0.98	0.79	0.99	0.85
Total Stockholder Equity	1.0	0.93	0.99		0.97	0.97	-0.61	1.0	0.99	0.94	0.98	0.85	0.95	0.94	1.0	0.22	0.9	0.98	0.88	-0.53	0.99	1.0	0.99	0.76	0.98	0.79
Other Liab	0.97	0.84	0.97	0.97		0.99	-0.54	0.96	0.97	0.89	0.99	0.92	0.95	0.89	0.96	0.23	0.94	0.98	0.89	-0.61	0.98	0.97	0.97	0.85	0.99	0.79
Property Plant And Equipment Net	0.98	0.86	0.98	0.97	0.99		-0.47	0.97	0.97	0.88	1.0	0.91	0.94	0.88	0.97	0.2	0.93	0.98	0.89	-0.63	0.98	0.97	0.98	0.85	1.0	0.84
Net Debt	-0.58	-0.54	-0.54	-0.61	-0.54	-0.47		-0.61	-0.62	-0.77	-0.5	-0.5	-0.57	-0.77	-0.57	-0.32	-0.56	-0.54	-0.44	-0.01	-0.54	-0.6	-0.54	-0.28	-0.5	-0.08
Retained Earnings	1.0	0.93	0.98	1.0	0.96	0.97	-0.61		0.99	0.94	0.97	0.85	0.95	0.94	1.0	0.19	0.9	0.98	0.87	-0.54	0.98	1.0	0.98	0.75	0.98	0.78
Accounts Payable	1.0	0.89	0.99	0.99	0.97	0.97	-0.62	0.99		0.95	0.98	0.9	0.95	0.95	0.99	0.17	0.92	0.99	0.85	-0.57	0.99	1.0	0.97	0.76	0.98	0.78
Cash	0.94	0.85	0.93	0.94	0.89	0.88	-0.77	0.94	0.95		0.9	0.81	0.89	1.0	0.93	0.3	0.81	0.91	0.82	-0.39	0.93	0.95	0.93	0.7	0.9	0.7
Non Current Assets Total	0.99	0.87	0.99	0.98	0.99	1.0	-0.5	0.97	0.98	0.9		0.91	0.95	0.9	0.98	0.21	0.92	0.98	0.9	-0.61	0.99	0.98	0.99	0.85	1.0	0.84
Non Currrent Assets Other	0.88	0.62	0.9	0.85	0.92	0.91	-0.5	0.85	0.9	0.81	0.91		0.92	0.81	0.84	0.12	0.92	0.93	0.72	-0.63	0.9	0.87	0.86	0.79	0.9	0.71
Other Assets	0.95	0.82	0.95	0.95	0.95	0.94	-0.57	0.95	0.95	0.89	0.95	0.92		0.89	0.94	0.17	0.91	0.95	0.81	-0.54	0.95	0.95	0.95	0.73	0.95	0.75
Cash And Short Term Investments	0.94	0.85	0.93	0.94	0.89	0.88	-0.77	0.94	0.95	1.0	0.9	0.81	0.89		0.93	0.3	0.81	0.91	0.82	-0.39	0.93	0.95	0.93	0.7	0.9	0.7
Net Receivables	1.0	0.94	0.99	1.0	0.96	0.97	-0.57	1.0	0.99	0.93	0.98	0.84	0.94	0.93		0.19	0.88	0.97	0.87	-0.55	0.99	1.0	0.98	0.75	0.98	0.81
Common Stock Shares Outstanding	0.19	0.24	0.15	0.22	0.23	0.2	-0.32	0.19	0.17	0.3	0.21	0.12	0.17	0.3	0.19		0.09	0.12	0.36	0.26	0.15	0.19	0.28	0.35	0.22	0.09
Non Current Liabilities Total	0.9	0.73	0.9	0.9	0.94	0.93	-0.56	0.9	0.92	0.81	0.92	0.92	0.91	0.81	0.88	0.09		0.94	0.73	-0.53	0.91	0.9	0.88	0.69	0.92	0.63
Inventory	0.99	0.84	0.99	0.98	0.98	0.98	-0.54	0.98	0.99	0.91	0.98	0.93	0.95	0.91	0.97	0.12	0.94		0.82	-0.59	0.99	0.98	0.97	0.77	0.98	0.81
Other Current Assets	0.87	0.85	0.86	0.88	0.89	0.89	-0.44	0.87	0.85	0.82	0.9	0.72	0.81	0.82	0.87	0.36	0.73	0.82		-0.58	0.86	0.87	0.9	0.9	0.9	0.77
Other Stockholder Equity	-0.56	-0.44	-0.6	-0.53	-0.61	-0.63	-0.01	-0.54	-0.57	-0.39	-0.61	-0.63	-0.54	-0.39	-0.55	0.26	-0.53	-0.59	-0.58		-0.6	-0.55	-0.51	-0.68	-0.61	-0.61
Total Liab	0.99	0.87	1.0	0.99	0.98	0.98	-0.54	0.98	0.99	0.93	0.99	0.9	0.95	0.93	0.99	0.15	0.91	0.99	0.86	-0.6		0.99	0.98	0.79	0.99	0.84
Total Current Assets	1.0	0.92	0.99	1.0	0.97	0.97	-0.6	1.0	1.0	0.95	0.98	0.87	0.95	0.95	1.0	0.19	0.9	0.98	0.87	-0.55	0.99		0.98	0.76	0.98	0.81
Intangible Assets	0.99	0.9	0.98	0.99	0.97	0.98	-0.54	0.98	0.97	0.93	0.99	0.86	0.95	0.93	0.98	0.28	0.88	0.97	0.9	-0.51	0.98	0.98		0.82	0.99	0.84
Common Stock	0.78	0.64	0.79	0.76	0.85	0.85	-0.28	0.75	0.76	0.7	0.85	0.79	0.73	0.7	0.75	0.35	0.69	0.77	0.9	-0.68	0.79	0.76	0.82		0.84	0.77
Property Plant Equipment	0.99	0.88	0.99	0.98	0.99	1.0	-0.5	0.98	0.98	0.9	1.0	0.9	0.95	0.9	0.98	0.22	0.92	0.98	0.9	-0.61	0.99	0.98	0.99	0.84		0.84
Short Long Term Debt Total	0.81	0.71	0.85	0.79	0.79	0.84	-0.08	0.78	0.78	0.7	0.84	0.71	0.75	0.7	0.81	0.09	0.63	0.81	0.77	-0.61	0.84	0.81	0.84	0.77	0.84

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Chongqing Zhifei Account Relationship Matchups

Chongqing Zhifei fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.9B	15.2B	30.0B	38.0B	50.2B	52.7B
Other Current Liab	142.4K	445.3K	70.9M	1.6B	2.1B	2.2B
Total Current Liabilities	5.1B	6.8B	11.9B	13.2B	18.1B	19.0B
Total Stockholder Equity	5.7B	8.2B	17.7B	24.2B	31.5B	33.1B
Other Liab	123.1M	150.1M	270.5M	299.1M	344.0M	361.2M
Property Plant And Equipment Net	2.0B	2.4B	3.6B	4.7B	5.1B	5.4B
Net Debt	1.2B	1.4B	(3.5B)	(588.9M)	(3.3B)	(3.1B)
Retained Earnings	3.5B	5.7B	15.0B	21.6B	27.9B	29.3B
Accounts Payable	2.2B	3.1B	9.2B	9.8B	13.1B	13.8B
Cash	1.2B	1.4B	4.3B	2.6B	6.3B	6.7B
Non Current Assets Total	2.8B	3.7B	5.3B	6.6B	7.7B	8.1B
Non Currrent Assets Other	116.1M	293.0M	523.9M	340.2M	391.1M	410.7M
Cash And Short Term Investments	1.2B	1.4B	4.3B	2.6B	6.3B	6.7B
Net Receivables	4.5B	6.7B	13.1B	20.7B	27.1B	28.4B
Liabilities And Stockholders Equity	10.9B	15.2B	30.0B	38.0B	50.2B	52.7B
Non Current Liabilities Total	123.1M	150.1M	519.2M	537.5M	411.3M	431.9M
Inventory	2.5B	3.4B	7.4B	8.0B	9.0B	9.4B
Other Current Assets	335.4K	5.0M	587.8K	45.4M	121.1M	127.2M
Other Stockholder Equity	306.9M	483.0M	208.0M	208.0M	48.0M	45.6M
Total Liab	5.2B	7.0B	12.4B	13.8B	18.5B	19.4B
Total Current Assets	8.2B	11.5B	24.8B	31.4B	42.5B	44.6B
Intangible Assets	455.0M	635.8M	787.3M	1.1B	1.3B	1.4B
Property Plant Equipment	2.0B	2.4B	3.6B	4.7B	5.4B	5.7B
Short Long Term Debt Total	2.4B	2.9B	817.8M	2.0B	3.0B	3.2B
Current Deferred Revenue	465.4M	857.7M	2.1B	9.1M	125.4M	119.1M
Short Term Debt	2.4B	2.9B	569.1M	1.8B	2.7B	2.8B
Short Term Investments	(27.1M)	(49.2M)	(51.5M)	(10.1M)	(9.1M)	(9.6M)
Net Tangible Assets	5.5B	8.0B	17.3B	23.9B	27.4B	28.8B
Deferred Long Term Liab	240.7M	402.8M	485.0M	732.0M	841.8M	883.9M
Short Long Term Debt	2.4B	2.9B	568.9M	1.8B	2.6B	1.5B
Non Current Liabilities Other	3.0M	3.5M	3.8M	4.4M	5.0M	3.6M
Net Invested Capital	8.1B	11.1B	18.5B	26.2B	34.5B	36.2B
Net Working Capital	3.1B	4.7B	12.9B	18.2B	24.4B	25.6B

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

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Chongqing Net Receivables vs Property Plant Equipment Analysis

Net Receivables vs Property Plant Equipment

Net Receivables vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Net Receivables

Property Plant Equipment

Chongqing Zhifei fundamental ratios Correlations

Chongqing Zhifei Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chongqing Zhifei fundamental ratios Accounts

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Other Information on Investing in Chongqing Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities

Cash And Short Term Investments	- 0.77	Net Debt
Cash	- 0.77	Net Debt
Common Stock	- 0.68	Other Stockholder Equity
Other Stockholder Equity	- 0.63	Non Currrent Assets Other
Other Stockholder Equity	- 0.63	Property Plant And Equipment Net
Accounts Payable	- 0.62	Net Debt