Guangdong Intangible Assets vs Common Stock Analysis

300599 Stock   7.27  0.01  0.14%   
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 Intangible Assets and its Common Stock 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.

Intangible Assets vs Common Stock

Intangible Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Xiongsu Intangible Assets account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Guangdong Xiongsu's Intangible Assets and Common Stock is 0.94. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock 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 Intangible Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Guangdong Xiongsu Technology are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Intangible Assets i.e., Guangdong Xiongsu's Intangible Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Common Stock

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 76.8 M, whereas Tax Provision is forecasted to decline to about 8.1 M.
 2022 2023 2024 2025 (projected)
Gross Profit248.2M211.7M190.5M288.9M
Total Revenue1.8B1.3B1.5B2.0B

Guangdong Xiongsu fundamental ratios Correlations

-0.59-0.89-0.531.00.970.26-0.930.980.890.980.980.360.980.750.870.250.91-0.460.98-0.60.940.98-0.040.630.99
-0.590.570.9-0.64-0.52-0.190.75-0.63-0.43-0.59-0.56-0.37-0.6-0.13-0.51-0.57-0.630.8-0.591.0-0.69-0.68-0.19-0.41-0.59
-0.890.570.53-0.89-0.88-0.280.85-0.94-0.91-0.81-0.89-0.4-0.82-0.75-0.86-0.03-0.840.45-0.850.58-0.88-0.83-0.04-0.75-0.89
-0.530.90.53-0.59-0.50.170.7-0.56-0.3-0.57-0.54-0.48-0.58-0.04-0.32-0.38-0.650.97-0.50.9-0.7-0.660.13-0.39-0.56
1.0-0.64-0.89-0.590.970.24-0.950.980.870.980.970.370.990.720.850.270.92-0.520.98-0.650.950.99-0.030.610.99
0.97-0.52-0.88-0.50.970.25-0.880.960.90.941.00.420.950.670.780.120.87-0.440.91-0.530.950.94-0.090.630.95
0.26-0.19-0.280.170.240.25-0.170.290.430.150.25-0.250.160.250.50.160.080.380.27-0.190.220.170.740.180.18
-0.930.750.850.7-0.95-0.88-0.17-0.91-0.76-0.94-0.89-0.39-0.94-0.62-0.8-0.39-0.960.63-0.940.75-0.91-0.960.08-0.57-0.95
0.98-0.63-0.94-0.560.980.960.29-0.910.930.940.970.390.950.750.880.170.86-0.480.95-0.640.940.950.020.680.97
0.89-0.43-0.91-0.30.870.90.43-0.760.930.80.890.380.810.790.880.110.75-0.20.86-0.440.810.810.110.750.87
0.98-0.59-0.81-0.570.980.940.15-0.940.940.80.950.341.00.70.790.270.92-0.520.97-0.60.920.99-0.140.550.98
0.98-0.56-0.89-0.540.971.00.25-0.890.970.890.950.420.950.670.790.140.88-0.480.92-0.570.970.95-0.080.640.96
0.36-0.37-0.4-0.480.370.42-0.25-0.390.390.380.340.420.340.050.20.150.48-0.560.29-0.370.40.4-0.60.60.4
0.98-0.6-0.82-0.580.990.950.16-0.940.950.811.00.950.340.70.80.270.92-0.530.97-0.610.930.99-0.130.560.98
0.75-0.13-0.75-0.040.720.670.25-0.620.750.790.70.670.050.70.85-0.050.63-0.010.8-0.140.560.660.030.570.77
0.87-0.51-0.86-0.320.850.780.5-0.80.880.880.790.790.20.80.850.280.77-0.220.91-0.520.720.810.250.650.87
0.25-0.57-0.03-0.380.270.120.16-0.390.170.110.270.140.150.27-0.050.280.34-0.30.34-0.570.150.350.21-0.010.25
0.91-0.63-0.84-0.650.920.870.08-0.960.860.750.920.880.480.920.630.770.34-0.60.91-0.630.870.94-0.230.650.94
-0.460.80.450.97-0.52-0.440.380.63-0.48-0.2-0.52-0.48-0.56-0.53-0.01-0.22-0.3-0.6-0.430.8-0.62-0.590.33-0.35-0.51
0.98-0.59-0.85-0.50.980.910.27-0.940.950.860.970.920.290.970.80.910.340.91-0.43-0.60.870.970.00.60.98
-0.61.00.580.9-0.65-0.53-0.190.75-0.64-0.44-0.6-0.57-0.37-0.61-0.14-0.52-0.57-0.630.8-0.6-0.7-0.69-0.19-0.41-0.6
0.94-0.69-0.88-0.70.950.950.22-0.910.940.810.920.970.40.930.560.720.150.87-0.620.87-0.70.94-0.050.620.92
0.98-0.68-0.83-0.660.990.940.17-0.960.950.810.990.950.40.990.660.810.350.94-0.590.97-0.690.94-0.10.610.98
-0.04-0.19-0.040.13-0.03-0.090.740.080.020.11-0.14-0.08-0.6-0.130.030.250.21-0.230.330.0-0.19-0.05-0.1-0.17-0.12
0.63-0.41-0.75-0.390.610.630.18-0.570.680.750.550.640.60.560.570.65-0.010.65-0.350.6-0.410.620.61-0.170.65
0.99-0.59-0.89-0.560.990.950.18-0.950.970.870.980.960.40.980.770.870.250.94-0.510.98-0.60.920.98-0.120.65
Click cells to compare fundamentals

Guangdong Xiongsu Account Relationship Matchups

Guangdong Xiongsu fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.3B2.9B2.7B2.7B3.1B1.9B
Short Long Term Debt Total53.9M149.2M91.4M62.6M56.4M79.9M
Other Current Liab27.3M41.2M36.2M64.1M57.7M54.8M
Total Current Liabilities459.4M561.9M409.5M354.0M318.6M355.1M
Total Stockholder Equity1.7B2.3B2.2B2.3B2.6B1.4B
Property Plant And Equipment Net748.1M862.7M854.2M892.9M1.0B576.3M
Current Deferred Revenue120.3M109.9M81.8M31.6M36.4M34.5M
Net Debt(481.9M)(700.9M)(712.4M)(805.8M)(725.2M)(689.0M)
Retained Earnings761.3M793.9M750.7M775.4M891.8M477.2M
Accounts Payable258.0M263.7M201.8M197.1M226.6M174.7M
Cash535.8M850.1M803.8M868.5M998.7M547.6M
Non Current Assets Total1.1B1.2B1.3B1.3B1.5B860.7M
Non Currrent Assets Other96.9M916.1K953.4K92.3M106.1M111.4M
Cash And Short Term Investments552.8M850.1M803.8M868.5M998.8M552.3M
Net Receivables247.3M369.9M291.1M233.7M268.8M231.5M
Liabilities And Stockholders Equity2.3B2.9B2.7B2.7B3.1B1.9B
Inventory335.0M405.0M320.9M241.9M278.2M254.5M
Other Current Assets34.4M54.1M27.7M27.4M31.5M43.7M
Total Liab517.3M620.0M462.6M370.8M333.7M387.4M
Total Current Assets1.2B1.7B1.4B1.4B1.6B1.1B
Short Term Debt53.9M147.1M89.7M61.2M55.1M79.6M
Intangible Assets216.6M210.8M257.9M250.5M288.1M196.5M
Other Assets1.095.4M93.2M110.4M127.0M133.3M
Non Current Liabilities Total57.9M58.1M53.1M16.8M15.1M14.3M
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 Debt53.9M147M89.3M56.9M65.5M66.9M
Property Plant Equipment559.1M748.1M862.7M854.2M982.3M660.6M
Net Invested Capital1.8B2.4B2.3B2.3B2.7B2.1B
Net Working Capital710.1M1.1B1.0B1.0B1.2B965.1M
Short Term Investments17.0M(91.8M)(87.3M)46.6K41.9K44.0K
Property Plant And Equipment Gross1.1B1.3B854.2M1.4B1.6B1.2B
Accumulated Other Comprehensive Income100.0M106.8M112.5M106.0M121.9M112.3M

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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.