Guangzhou Long Term Investments vs Non Currrent Assets Other Analysis

300404 Stock   9.01  0.07  0.78%   
Guangzhou Boji financial indicator trend analysis is much more than just examining Guangzhou Boji Medical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Boji Medical is a good investment. Please check the relationship between Guangzhou Boji Long Term Investments and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Boji Medical. 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.

Long Term Investments vs Non Currrent Assets Other

Long Term Investments vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Boji Medical Long Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Guangzhou Boji's Long Term Investments and Non Currrent Assets Other is -0.06. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Guangzhou Boji Medical, assuming nothing else is changed. The correlation between historical values of Guangzhou Boji's Long Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Guangzhou Boji Medical are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Long Term Investments i.e., Guangzhou Boji's Long Term Investments and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of Guangzhou Boji balance sheet that represents investments Guangzhou Boji Medical intends to hold for over a year. Guangzhou Boji Medical long term investments may include different instruments such as stocks, bonds, real estate and cash.

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.
Most indicators from Guangzhou Boji's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Boji Medical 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 Boji Medical. 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.
As of December 1, 2024, Selling General Administrative is expected to decline to about 33.8 M. The current year's Tax Provision is expected to grow to about (9.1 M)
 2021 2022 2023 2024 (projected)
Gross Profit140.1M160.7M185.3M110.9M
Research Development27.6M43.7M55.0M57.7M

Guangzhou Boji fundamental ratios Correlations

0.030.970.990.820.90.820.780.870.880.890.170.870.550.90.880.87-0.760.850.840.790.950.180.750.85-0.35
0.030.120.010.350.08-0.23-0.190.11-0.03-0.120.92-0.140.280.040.27-0.17-0.290.00.33-0.26-0.080.04-0.480.290.45
0.970.120.930.890.830.840.740.910.790.870.260.880.50.880.890.81-0.790.860.890.740.970.210.740.93-0.34
0.990.010.930.770.920.790.790.830.90.880.140.830.570.890.850.88-0.740.810.80.790.920.160.730.79-0.34
0.820.350.890.770.760.710.460.860.670.740.510.750.620.80.90.52-0.830.810.970.40.830.00.540.88-0.21
0.90.080.830.920.760.740.710.790.850.840.220.770.770.860.780.71-0.720.740.730.630.790.140.640.72-0.35
0.82-0.230.840.790.710.740.850.910.730.96-0.070.990.440.910.710.68-0.740.90.690.680.90.10.960.79-0.78
0.78-0.190.740.790.460.710.850.790.750.87-0.160.870.260.820.520.83-0.530.790.450.870.780.350.830.68-0.69
0.870.110.910.830.860.790.910.790.70.940.270.960.530.970.820.66-0.850.950.840.620.920.250.810.94-0.57
0.88-0.030.790.90.670.850.730.750.70.810.050.730.50.760.750.84-0.630.790.70.750.82-0.150.660.62-0.37
0.89-0.120.870.880.740.840.960.870.940.810.060.980.550.970.80.73-0.820.930.760.690.920.110.910.81-0.69
0.170.920.260.140.510.22-0.07-0.160.270.050.060.020.460.220.49-0.16-0.540.140.52-0.290.07-0.03-0.320.440.35
0.87-0.140.880.830.750.770.990.870.960.730.980.020.460.950.760.71-0.780.930.740.70.930.190.930.85-0.72
0.550.280.50.570.620.770.440.260.530.50.550.460.460.60.640.19-0.670.430.590.070.42-0.090.30.48-0.17
0.90.040.880.890.80.860.910.820.970.760.970.220.950.60.820.68-0.860.920.80.640.90.20.830.89-0.61
0.880.270.890.850.90.780.710.520.820.750.80.490.760.640.820.6-0.930.770.960.450.85-0.090.570.84-0.23
0.87-0.170.810.880.520.710.680.830.660.840.73-0.160.710.190.680.6-0.430.690.560.970.830.280.690.63-0.3
-0.76-0.29-0.79-0.74-0.83-0.72-0.74-0.53-0.85-0.63-0.82-0.54-0.78-0.67-0.86-0.93-0.43-0.78-0.89-0.3-0.760.07-0.59-0.840.42
0.850.00.860.810.810.740.90.790.950.790.930.140.930.430.920.770.69-0.780.810.660.920.060.830.86-0.6
0.840.330.890.80.970.730.690.450.840.70.760.520.740.590.80.960.56-0.890.810.410.85-0.060.540.86-0.19
0.79-0.260.740.790.40.630.680.870.620.750.69-0.290.70.070.640.450.97-0.30.660.410.780.380.720.58-0.39
0.95-0.080.970.920.830.790.90.780.920.820.920.070.930.420.90.850.83-0.760.920.850.780.150.860.88-0.47
0.180.040.210.160.00.140.10.350.25-0.150.11-0.030.19-0.090.2-0.090.280.070.06-0.060.380.150.140.270.02
0.75-0.480.740.730.540.640.960.830.810.660.91-0.320.930.30.830.570.69-0.590.830.540.720.860.140.65-0.8
0.850.290.930.790.880.720.790.680.940.620.810.440.850.480.890.840.63-0.840.860.860.580.880.270.65-0.39
-0.350.45-0.34-0.34-0.21-0.35-0.78-0.69-0.57-0.37-0.690.35-0.72-0.17-0.61-0.23-0.30.42-0.6-0.19-0.39-0.470.02-0.8-0.39
Click cells to compare fundamentals

Guangzhou Boji Account Relationship Matchups

Guangzhou Boji fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets633.1M749.6M1.1B1.3B1.4B758.3M
Other Current Liab94.8M153.9M175.9M6.3M6.7M6.4M
Total Current Liabilities160.9M245.9M270.8M300.2M357.5M187.5M
Total Stockholder Equity422.7M444.2M814.0M855.0M955.9M528.3M
Other Liab17.2M16.1M18.7M16.3M18.8M11.4M
Retained Earnings123.6M131.8M170.6M167.5M186.5M142.9M
Accounts Payable42.6M50.9M55.8M79.0M101.4M106.5M
Cash57.4M146.4M384.5M306.9M397.2M417.0M
Other Assets39.7M45.0M84.2M80.4M92.4M97.0M
Net Receivables83.2M42.6M108.3M91.5M114.4M77.9M
Inventory91.5M93.2M148.3M168.4M199.1M209.0M
Other Current Assets34.4M46.4M39.0M3.8M1.9M1.8M
Total Liab177.0M264.6M291.8M376.7M448.8M471.3M
Intangible Assets24.1M23.4M22.5M22.4M21.9M22.8M
Common Stock133.9M173.3M226.6M261.5M300.7M315.7M
Property Plant Equipment200.2M204.5M185.9M225.8M259.6M154.3M
Net Tangible Assets360.5M370.5M392.7M763.4M877.9M483.8M
Short Term Investments29.0M49.5M20M45.7M7.4M7.0M
Deferred Long Term Liab1.9M4.1M3.1M4.8M5.5M5.7M
Total Current Assets286.4M374.9M700.1M701.2M815.2M514.5M
Non Current Assets Total346.6M374.8M438.1M564.2M613.7M428.2M
Non Currrent Assets Other928.1K11.4M8.2M10.1M5.3M7.0M
Non Current Liabilities Total16.1M18.7M21.0M76.5M91.3M95.9M
Short Long Term Debt15M32.0M25.2M20.2M29.9M19.4M
Common Stock Shares Outstanding225.3M226.6M261.5M368.4M382.0M301.3M
Net Invested Capital437.7M476.2M839.2M929.5M1.1B719.5M
Net Working Capital125.5M128.9M429.3M401.0M457.7M287.3M
Capital Stock173.3M226.6M261.5M368.4M382.0M283.4M

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Other Information on Investing in Guangzhou Stock

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