Guangdong Current Deferred Revenue vs Inventory Analysis

300599 Stock   7.74  0.01  0.13%   
Guangdong Xiongsu financial indicator trend analysis is much more than just examining Guangdong Xiongsu latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Xiongsu is a good investment. Please check the relationship between Guangdong Xiongsu Current Deferred Revenue and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Xiongsu Technology. 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.

Current Deferred Revenue vs Inventory

Current Deferred Revenue vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Xiongsu Current Deferred Revenue account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Guangdong Xiongsu's Current Deferred Revenue and Inventory is 0.55. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Inventory in the same time period over historical financial statements of Guangdong Xiongsu Technology, assuming nothing else is changed. The correlation between historical values of Guangdong Xiongsu's Current Deferred Revenue and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Guangdong Xiongsu Technology are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Current Deferred Revenue i.e., Guangdong Xiongsu's Current Deferred Revenue and Inventory go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Inventory

Most indicators from Guangdong Xiongsu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Xiongsu 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 Xiongsu Technology. 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 109.7 M, whereas Tax Provision is forecasted to decline to about 9.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit374.7M248.2M211.7M288.9M
Total Revenue2.4B1.8B1.3B2.0B

Guangdong Xiongsu fundamental ratios Correlations

-0.57-0.91-0.441.00.970.43-0.930.970.890.980.970.210.980.750.90.280.97-0.330.98-0.580.920.960.20.690.98
-0.570.550.91-0.64-0.5-0.240.73-0.62-0.4-0.58-0.55-0.33-0.6-0.09-0.5-0.58-0.640.81-0.571.0-0.7-0.66-0.32-0.43-0.57
-0.910.550.46-0.91-0.92-0.430.81-0.97-0.92-0.83-0.93-0.25-0.84-0.75-0.87-0.02-0.820.34-0.850.56-0.9-0.82-0.29-0.75-0.89
-0.440.910.46-0.52-0.40.10.68-0.48-0.21-0.48-0.45-0.37-0.50.04-0.28-0.41-0.540.97-0.420.91-0.64-0.59-0.04-0.4-0.48
1.0-0.64-0.91-0.520.960.4-0.940.980.860.980.970.220.980.710.880.310.98-0.410.97-0.640.940.970.210.680.98
0.97-0.5-0.92-0.40.960.43-0.870.950.90.931.00.260.930.660.810.150.92-0.280.9-0.510.940.920.170.720.95
0.43-0.24-0.430.10.40.43-0.230.440.540.320.43-0.160.330.320.550.160.360.320.41-0.250.40.250.740.110.28
-0.930.730.810.68-0.94-0.87-0.23-0.89-0.73-0.94-0.88-0.32-0.95-0.59-0.79-0.41-0.940.59-0.920.73-0.9-0.96-0.03-0.71-0.94
0.97-0.62-0.97-0.480.980.950.44-0.890.920.930.960.260.940.750.90.20.92-0.370.94-0.630.930.920.250.750.96
0.89-0.4-0.92-0.210.860.90.54-0.730.920.780.890.280.790.780.890.130.77-0.070.84-0.410.790.760.30.750.84
0.98-0.58-0.83-0.480.980.930.32-0.940.930.780.930.151.00.70.830.320.99-0.390.97-0.590.90.980.110.630.98
0.97-0.55-0.93-0.450.971.00.43-0.880.960.890.930.270.940.660.820.160.93-0.330.9-0.550.960.930.180.720.95
0.21-0.33-0.25-0.370.220.26-0.16-0.320.260.280.150.270.16-0.070.140.180.17-0.440.14-0.330.240.29-0.460.670.29
0.98-0.6-0.84-0.50.980.930.33-0.950.940.791.00.940.160.70.830.320.99-0.40.97-0.60.910.980.120.640.98
0.75-0.09-0.750.040.710.660.32-0.590.750.780.70.66-0.070.70.85-0.050.650.090.8-0.10.540.60.140.530.74
0.9-0.5-0.87-0.280.880.810.55-0.790.90.890.830.820.140.830.850.290.84-0.160.93-0.50.740.780.370.620.86
0.28-0.58-0.02-0.410.310.150.16-0.410.20.130.320.160.180.32-0.050.290.41-0.340.38-0.580.180.370.23-0.030.26
0.97-0.64-0.82-0.540.980.920.36-0.940.920.770.990.930.170.990.650.840.41-0.430.97-0.650.90.980.180.590.96
-0.330.810.340.97-0.41-0.280.320.59-0.37-0.07-0.39-0.33-0.44-0.40.09-0.16-0.34-0.43-0.310.81-0.51-0.510.17-0.38-0.41
0.98-0.57-0.85-0.420.970.90.41-0.920.940.840.970.90.140.970.80.930.380.97-0.31-0.580.850.940.210.630.96
-0.581.00.560.91-0.64-0.51-0.250.73-0.63-0.41-0.59-0.55-0.33-0.6-0.1-0.5-0.58-0.650.81-0.58-0.7-0.67-0.32-0.43-0.57
0.92-0.7-0.9-0.640.940.940.4-0.90.930.790.90.960.240.910.540.740.180.9-0.510.85-0.70.920.210.680.9
0.96-0.66-0.82-0.590.970.920.25-0.960.920.760.980.930.290.980.60.780.370.98-0.510.94-0.670.920.050.680.98
0.2-0.32-0.29-0.040.210.170.74-0.030.250.30.110.18-0.460.120.140.370.230.180.170.21-0.320.210.05-0.230.04
0.69-0.43-0.75-0.40.680.720.11-0.710.750.750.630.720.670.640.530.62-0.030.59-0.380.63-0.430.680.68-0.230.74
0.98-0.57-0.89-0.480.980.950.28-0.940.960.840.980.950.290.980.740.860.260.96-0.410.96-0.570.90.980.040.74
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Guangdong Xiongsu Account Relationship Matchups

Guangdong Xiongsu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.3B2.9B2.7B2.7B1.9B
Short Long Term Debt Total3M53.9M149.2M91.4M62.6M79.9M
Other Current Liab68.3M27.3M41.2M36.2M64.1M116.1M
Total Current Liabilities332.9M459.4M561.9M409.5M354.0M355.1M
Total Stockholder Equity1.6B1.7B2.3B2.2B2.3B1.4B
Property Plant And Equipment Net559.1M748.1M862.7M854.2M892.9M576.3M
Current Deferred Revenue73.9M120.3M109.9M81.8M31.6M30.0M
Net Debt(529.0M)(481.9M)(700.9M)(712.4M)(805.8M)(765.5M)
Retained Earnings633.8M761.3M793.9M750.7M775.4M477.2M
Accounts Payable187.8M258.0M263.7M201.8M197.1M174.7M
Cash532.0M535.8M850.1M803.8M868.5M547.6M
Non Current Assets Total876.4M1.1B1.2B1.3B1.3B860.7M
Non Currrent Assets Other32.0M96.9M916.1K953.4K92.3M96.9M
Cash And Short Term Investments567.1M552.8M850.1M803.8M868.5M552.3M
Net Receivables240.4M247.3M369.9M291.1M233.7M231.5M
Liabilities And Stockholders Equity2.0B2.3B2.9B2.7B2.7B1.9B
Inventory279.5M335.0M405.0M320.9M241.9M254.5M
Other Current Assets23.4M34.4M54.1M27.7M27.4M43.7M
Other Stockholder Equity623.8M641.9M574.8M1.0B1.0B573.0M
Total Liab389.3M517.3M620.0M462.6M370.8M387.4M
Total Current Assets1.1B1.2B1.7B1.4B1.4B1.1B
Short Term Debt3M53.9M147.1M89.7M61.2M79.6M
Intangible Assets221.8M216.6M210.8M257.9M250.5M196.5M
Other Assets1.095.4M93.2M110.4M127.0M133.3M
Non Current Liabilities Total56.3M57.9M58.1M53.1M16.8M15.9M
Other Liab56.3M57.9M56.0M51.4M59.1M58.8M
Net Tangible Assets1.4B1.5B2.1B2.0B2.3B1.5B
Deferred Long Term Liab49.7M73.9M91.8M87.3M100.4M66.1M
Short Long Term Debt3M53.9M147M89.3M56.9M66.9M
Property Plant Equipment559.1M748.1M862.7M854.2M982.3M660.6M
Net Invested Capital1.6B1.8B2.4B2.3B2.3B2.1B
Net Working Capital777.4M710.1M1.1B1.0B1.0B965.1M

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Other Information on Investing in Guangdong Stock

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