Chongqing Non Currrent Assets Other vs Short Long Term Debt Total Analysis

300122 Stock   26.10  0.07  0.27%   
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 Non Currrent Assets Other and its Short Long Term Debt Total 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.

Non Currrent Assets Other vs Short Long Term Debt Total

Non Currrent Assets Other vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing Zhifei Bio Non Currrent Assets Other account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Chongqing Zhifei's Non Currrent Assets Other and Short Long Term Debt Total is 0.77. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Long Term Debt Total 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 Non Currrent Assets Other and Short Long Term Debt 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 Non Currrent Assets Other of Chongqing Zhifei Bio are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Non Currrent Assets Other i.e., Chongqing Zhifei's Non Currrent Assets Other and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

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 Long Term Debt Total

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 133.5 M, whereas Tax Provision is forecasted to decline to about 748.3 M.
 2022 2023 2024 2025 (projected)
Gross Profit12.9B13.9B16.0B16.8B
Total Revenue38.3B52.7B60.6B63.6B

Chongqing Zhifei fundamental ratios Correlations

0.941.01.00.960.98-0.631.01.00.960.990.90.950.961.00.480.910.990.91-0.581.01.00.990.840.980.87
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0.960.860.970.960.99-0.570.960.970.890.990.950.960.890.950.450.970.980.9-0.640.970.960.960.880.990.83
0.980.90.990.980.99-0.540.980.980.911.00.920.950.910.980.470.940.990.93-0.650.990.980.980.891.00.88
-0.63-0.6-0.59-0.65-0.57-0.54-0.65-0.66-0.77-0.56-0.57-0.6-0.77-0.62-0.43-0.62-0.6-0.520.06-0.6-0.64-0.6-0.39-0.53-0.22
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0.960.90.950.960.890.91-0.770.960.960.930.850.891.00.960.570.840.930.88-0.450.950.960.950.80.90.79
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0.90.710.920.880.950.92-0.570.880.910.850.930.950.850.870.360.930.940.79-0.660.920.890.890.830.930.77
0.950.840.950.940.960.95-0.60.940.950.890.950.950.890.940.410.940.960.83-0.580.950.940.940.790.950.8
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1.00.960.991.00.950.98-0.621.00.990.960.980.870.940.960.480.90.980.92-0.580.991.00.990.830.970.86
0.480.520.450.50.450.47-0.430.480.460.570.480.360.410.570.480.340.410.580.030.450.480.540.560.460.38
0.910.790.920.910.970.94-0.620.910.930.840.930.930.940.840.90.340.950.79-0.570.920.910.90.760.950.71
0.990.890.990.980.980.99-0.60.980.990.930.990.940.960.930.980.410.950.87-0.620.990.990.980.830.990.86
0.910.90.90.920.90.93-0.520.910.90.880.930.790.830.880.920.580.790.87-0.60.90.910.930.930.910.83
-0.58-0.49-0.62-0.56-0.64-0.650.06-0.57-0.59-0.45-0.63-0.66-0.58-0.45-0.580.03-0.57-0.62-0.6-0.62-0.57-0.54-0.69-0.63-0.63
1.00.911.00.990.970.99-0.60.991.00.950.990.920.950.950.990.450.920.990.9-0.620.990.990.850.980.89
1.00.950.991.00.960.98-0.641.01.00.960.990.890.940.961.00.480.910.990.91-0.570.990.990.830.970.86
0.990.930.990.990.960.98-0.60.990.980.950.990.890.940.950.990.540.90.980.93-0.540.990.990.870.980.88
0.840.750.850.840.880.89-0.390.820.830.80.890.830.790.80.830.560.760.830.93-0.690.850.830.870.880.83
0.980.890.980.970.991.0-0.530.970.980.91.00.930.950.90.970.460.950.990.91-0.630.980.970.980.880.88
0.870.790.890.850.830.88-0.220.840.840.790.890.770.80.790.860.380.710.860.83-0.630.890.860.880.830.88
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Chongqing Zhifei Account Relationship Matchups

Chongqing Zhifei fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets15.2B30.0B38.0B50.2B57.8B60.7B
Other Current Liab445.3K70.9M1.6B2.1B2.5B2.6B
Total Current Liabilities6.8B11.9B13.2B18.1B20.8B21.8B
Total Stockholder Equity8.2B17.7B24.2B31.5B36.2B38.0B
Other Liab123.1M150.1M270.5M299.1M344.0M361.2M
Property Plant And Equipment Net2.4B3.6B4.7B5.1B5.9B6.2B
Net Debt1.4B(3.5B)(588.9M)(3.3B)(3.0B)(2.8B)
Retained Earnings5.7B15.0B21.6B27.9B32.0B33.6B
Accounts Payable3.1B9.2B9.8B13.1B15.1B15.9B
Cash1.4B4.3B2.6B6.3B7.3B7.7B
Non Current Assets Total3.7B5.3B6.6B7.7B8.9B9.3B
Non Currrent Assets Other293.0M523.9M340.2M391.1M449.8M472.3M
Cash And Short Term Investments1.4B4.3B2.6B6.3B7.3B7.7B
Net Receivables6.7B13.1B20.7B27.1B31.1B32.7B
Liabilities And Stockholders Equity15.2B30.0B38.0B50.2B57.8B60.7B
Non Current Liabilities Total150.1M519.2M537.5M411.3M473.1M496.7M
Inventory3.4B7.4B8.0B9.0B10.3B10.9B
Other Current Assets5.0M587.8K45.4M121.1M139.3M146.2M
Total Liab7.0B12.4B13.8B18.5B21.3B22.3B
Total Current Assets11.5B24.8B31.4B42.5B48.9B51.3B
Intangible Assets635.8M787.3M1.1B1.3B1.5B1.6B
Property Plant Equipment2.0B2.4B3.6B4.7B5.4B5.7B
Short Long Term Debt Total2.9B817.8M2.0B3.0B3.5B3.7B
Current Deferred Revenue857.7M2.1B9.1M125.4M144.2M137.0M
Short Term Debt2.9B569.1M1.8B2.7B3.1B3.2B
Short Term Investments(27.1M)(49.2M)(51.5M)(10.1M)(9.1M)(9.6M)
Net Tangible Assets5.5B8.0B17.3B23.9B27.4B28.8B
Deferred Long Term Liab240.7M402.8M485.0M732.0M841.8M883.9M
Short Long Term Debt2.9B568.9M1.8B2.6B3.0B1.5B
Net Invested Capital11.1B18.5B26.2B34.5B39.6B41.6B
Net Working Capital4.7B12.9B18.2B24.4B28.1B29.5B
Property Plant And Equipment Gross2.8B4.3B5.6B6.4B7.3B4.7B

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Other Information on Investing in Chongqing Stock

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.