Guangdong Inventory vs Long Term Investments Analysis

300498 Stock   17.23  0.24  1.41%   
Guangdong Wens financial indicator trend analysis is much more than just examining Guangdong Wens Foodstuff latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Wens Foodstuff is a good investment. Please check the relationship between Guangdong Wens Inventory and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Wens Foodstuff. 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.

Inventory vs Long Term Investments

Inventory vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Wens Foodstuff Inventory account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guangdong Wens' Inventory and Long Term Investments is 0.71. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Guangdong Wens Foodstuff, assuming nothing else is changed. The correlation between historical values of Guangdong Wens' Inventory and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Guangdong Wens Foodstuff are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Inventory i.e., Guangdong Wens' Inventory and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Inventory

Long Term Investments

Long Term Investments is an item on the asset side of Guangdong Wens balance sheet that represents investments Guangdong Wens Foodstuff intends to hold for over a year. Guangdong Wens Foodstuff long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Guangdong Wens' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Wens Foodstuff 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 Wens Foodstuff. 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 1.9 B, whereas Tax Provision is forecasted to decline to about 17.3 M.

Guangdong Wens fundamental ratios Correlations

0.390.780.830.850.70.730.450.880.460.950.840.860.980.970.890.720.130.780.820.580.070.70.520.930.61
0.39-0.160.51-0.040.58-0.260.310.340.440.290.360.020.450.290.020.180.010.330.17-0.20.350.20.050.250.21
0.78-0.160.570.930.390.980.230.660.220.820.650.930.720.780.960.580.110.550.740.8-0.240.630.420.840.52
0.830.510.570.590.960.460.760.530.410.780.710.540.890.860.690.27-0.10.870.90.210.450.790.720.660.74
0.85-0.040.930.590.440.940.290.830.30.80.690.980.80.80.980.750.250.650.730.79-0.160.560.450.910.46
0.70.580.390.960.440.280.830.40.430.60.610.380.790.710.550.13-0.160.840.830.020.60.730.720.510.69
0.73-0.260.980.460.940.280.120.670.210.770.60.940.650.720.940.630.120.480.660.87-0.340.580.370.830.49
0.450.310.230.760.290.830.120.170.130.320.480.170.60.50.38-0.12-0.080.820.72-0.270.870.460.830.190.41
0.880.340.660.530.830.40.670.170.520.750.740.880.840.780.80.940.310.580.520.66-0.140.450.280.90.35
0.460.440.220.410.30.430.210.130.520.320.490.390.510.410.360.57-0.120.30.280.19-0.030.370.10.490.3
0.950.290.820.780.80.60.770.320.750.320.80.820.880.950.850.610.060.650.80.63-0.060.710.430.90.63
0.840.360.650.710.690.610.60.480.740.490.80.710.860.850.760.57-0.030.750.720.390.220.560.510.740.46
0.860.020.930.540.980.380.940.170.880.390.820.710.80.80.970.820.230.570.650.84-0.270.570.350.940.45
0.980.450.720.890.80.790.650.60.840.510.880.860.80.950.860.640.140.860.850.440.250.70.610.870.6
0.970.290.780.860.80.710.720.50.780.410.950.850.80.950.870.6-0.010.80.870.540.150.790.630.860.7
0.890.020.960.690.980.550.940.380.80.360.850.760.970.860.870.680.150.720.810.74-0.070.680.530.910.56
0.720.180.580.270.750.130.63-0.120.940.570.610.570.820.640.60.680.380.330.290.72-0.410.270.020.820.18
0.130.010.11-0.10.25-0.160.12-0.080.31-0.120.06-0.030.230.14-0.010.150.380.1-0.150.13-0.17-0.41-0.240.15-0.47
0.780.330.550.870.650.840.480.820.580.30.650.750.570.860.80.720.330.10.810.20.580.650.840.570.59
0.820.170.740.90.730.830.660.720.520.280.80.720.650.850.870.810.29-0.150.810.330.360.780.750.730.7
0.58-0.20.80.210.790.020.87-0.270.660.190.630.390.840.440.540.740.720.130.20.33-0.630.470.10.750.44
0.070.35-0.240.45-0.160.6-0.340.87-0.14-0.03-0.060.22-0.270.250.15-0.07-0.41-0.170.580.36-0.630.190.67-0.220.18
0.70.20.630.790.560.730.580.460.450.370.710.560.570.70.790.680.27-0.410.650.780.470.190.730.620.97
0.520.050.420.720.450.720.370.830.280.10.430.510.350.610.630.530.02-0.240.840.750.10.670.730.30.73
0.930.250.840.660.910.510.830.190.90.490.90.740.940.870.860.910.820.150.570.730.75-0.220.620.30.52
0.610.210.520.740.460.690.490.410.350.30.630.460.450.60.70.560.18-0.470.590.70.440.180.970.730.52
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Guangdong Wens Account Relationship Matchups

Guangdong Wens fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets65.6B80.5B96.8B98.1B92.9B55.3B
Other Current Liab6.5B6.2B7.4B8.9B4.0M3.8M
Total Current Liabilities13.9B16.8B19.7B25.0B31.1B32.7B
Total Stockholder Equity45.1B45.8B32.4B39.7B33.1B28.8B
Other Liab708.6M1.3B1.8B1.6B1.9B2.0B
Retained Earnings34.1B34.4B19.7B24.2B13.0B17.7B
Accounts Payable2.7B4.1B6.8B7.6B11.0B11.6B
Other Assets1.5B2.2B545.2M559.3M643.1M798.0M
Long Term Debt4.5B14.7B34.4B22.6B17.5B9.0B
Net Receivables1.6B342.8M2.8B538.0M521.3M897.0M
Inventory12.5B13.3B14.9B20.4B20.3B12.2B
Other Current Assets499.8M1.5B1.2B1.3B1.3B734.0M
Total Liab19.0B32.9B62.0B55.2B57.0B59.9B
Intangible Assets1.4B1.7B1.8B1.6B1.5B1.1B
Common Stock5.3B6.4B6.4B6.6B7.5B4.9B
Property Plant Equipment30.0B46.3B53.0B52.6B60.4B63.5B
Cash1.5B1.9B7.6B4.3B4.3B2.8B
Short Term Investments1.5B3.2B3.9B3.2B2.2B2.2B
Good Will168.7M403.9M204.0M158.9M182.8M162.7M
Net Tangible Assets43.6B43.6B30.5B37.9B43.6B37.3B
Other Stockholder Equity(188.0M)(135.9M)909.6M838.6M964.4M1.0B
Deferred Long Term Liab762.8M1.5B123.5M104.8M94.3M89.6M
Short Long Term Debt2.1B4.0B1.8B1.1B2.5B2.3B
Total Current Assets26.1B23.1B35.6B36.6B33.3B28.2B
Non Current Assets Total39.5B57.4B61.2B61.5B59.6B50.0B
Non Currrent Assets Other(3.4B)550.5M190.9M264.4M156.7M164.5M
Non Current Liabilities Total5.1B16.1B42.4B30.2B25.9B17.7B
Net Debt4.9B16.9B28.5B19.4B15.8B14.9B
Common Stock Shares Outstanding6.4B6.4B6.4B6.6B6.7B7.1B
Net Invested Capital51.5B64.5B68.6B63.3B53.1B59.8B
Non Current Liabilities Other24.8M128.2M135.5M160.7M88.2M83.8M
Net Working Capital12.2B6.3B15.9B11.6B2.2B2.1B
Capital Stock5.3B6.4B6.4B6.6B6.7B6.7B

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Other Information on Investing in Guangdong Stock

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