Guangzhou Non Currrent Assets Other vs Other Assets Analysis

300616 Stock   13.29  0.47  3.42%   
Guangzhou Shangpin financial indicator trend analysis is much more than just examining Guangzhou Shangpin Home latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Shangpin Home is a good investment. Please check the relationship between Guangzhou Shangpin Non Currrent Assets Other and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Shangpin Home. 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.

Non Currrent Assets Other vs Other Assets

Non Currrent Assets Other vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Shangpin Home Non Currrent Assets Other account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guangzhou Shangpin's Non Currrent Assets Other and Other Assets is 0.73. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Assets in the same time period over historical financial statements of Guangzhou Shangpin Home, assuming nothing else is changed. The correlation between historical values of Guangzhou Shangpin's Non Currrent Assets Other and Other Assets 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 Guangzhou Shangpin Home are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Non Currrent Assets Other i.e., Guangzhou Shangpin's Non Currrent Assets Other and Other Assets go up and down completely randomly.

Correlation Coefficient

0.73
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.

Other Assets

Most indicators from Guangzhou Shangpin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Shangpin Home 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 Shangpin Home. 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.
The current year's Selling General Administrative is expected to grow to about 1.3 B, whereas Tax Provision is projected to grow to (9.5 M).
 2021 2022 2023 2024 (projected)
Gross Profit2.4B1.8B1.7B1.8B
Total Revenue7.3B5.3B4.9B6.5B

Guangzhou Shangpin fundamental ratios Correlations

-0.040.990.970.970.060.980.990.770.910.560.420.880.890.750.950.190.930.90.970.780.940.880.870.890.92
-0.04-0.060.06-0.2-0.70.0-0.06-0.1-0.28-0.280.15-0.22-0.36-0.47-0.120.780.15-0.20.15-0.36-0.05-0.40.11-0.12-0.39
0.99-0.060.940.970.110.960.990.790.920.520.380.880.860.780.920.140.880.910.940.80.90.870.810.860.93
0.970.060.940.92-0.110.990.950.720.850.540.470.860.840.630.960.290.980.840.990.70.960.830.940.90.82
0.97-0.20.970.920.190.950.980.720.930.680.460.870.950.820.950.010.850.90.890.780.910.90.80.860.96
0.06-0.70.11-0.110.19-0.090.060.070.310.31-0.090.060.290.62-0.03-0.37-0.150.27-0.140.37-0.110.26-0.21-0.130.38
0.980.00.960.990.95-0.090.980.740.880.560.460.890.870.660.980.170.940.860.970.730.960.860.910.920.86
0.99-0.060.990.950.980.060.980.770.910.550.450.890.880.750.950.120.890.90.950.770.910.870.840.880.91
0.77-0.10.790.720.720.070.740.770.870.10.040.930.580.760.680.020.660.920.750.890.730.870.690.80.72
0.91-0.280.920.850.930.310.880.910.870.530.280.940.880.930.88-0.040.780.990.830.930.840.970.770.840.92
0.56-0.280.520.540.680.310.560.550.10.530.730.370.790.50.66-0.090.50.440.450.260.530.50.50.390.6
0.420.150.380.470.46-0.090.460.450.040.280.730.260.460.190.480.160.470.250.43-0.080.430.250.540.330.31
0.88-0.220.880.860.870.060.890.890.930.940.370.260.790.790.87-0.060.790.950.840.880.870.970.830.920.84
0.89-0.360.860.840.950.290.870.880.580.880.790.460.790.810.93-0.120.770.820.770.740.870.880.730.80.92
0.75-0.470.780.630.820.620.660.750.760.930.50.190.790.810.68-0.180.560.910.610.90.640.880.520.640.88
0.95-0.120.920.960.95-0.030.980.950.680.880.660.480.870.930.680.050.90.840.910.720.950.880.880.90.86
0.190.780.140.290.01-0.370.170.120.02-0.04-0.090.16-0.06-0.12-0.180.050.440.040.37-0.110.12-0.150.36-0.01-0.13
0.930.150.880.980.85-0.150.940.890.660.780.50.470.790.770.560.90.440.780.980.630.920.760.960.850.75
0.9-0.20.910.840.90.270.860.90.920.990.440.250.950.820.910.840.040.780.840.930.820.950.770.820.88
0.970.150.940.990.89-0.140.970.950.750.830.450.430.840.770.610.910.370.980.840.690.930.80.930.870.8
0.78-0.360.80.70.780.370.730.770.890.930.26-0.080.880.740.90.72-0.110.630.930.690.710.920.590.750.84
0.94-0.050.90.960.91-0.110.960.910.730.840.530.430.870.870.640.950.120.920.820.930.710.860.910.970.84
0.88-0.40.870.830.90.260.860.870.870.970.50.250.970.880.880.88-0.150.760.950.80.920.860.780.880.91
0.870.110.810.940.8-0.210.910.840.690.770.50.540.830.730.520.880.360.960.770.930.590.910.780.860.67
0.89-0.120.860.90.86-0.130.920.880.80.840.390.330.920.80.640.9-0.010.850.820.870.750.970.880.860.82
0.92-0.390.930.820.960.380.860.910.720.920.60.310.840.920.880.86-0.130.750.880.80.840.840.910.670.82
Click cells to compare fundamentals

Guangzhou Shangpin Account Relationship Matchups

Guangzhou Shangpin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B6.2B8.0B8.2B8.8B4.9B
Other Current Liab478.2M163.4M122.5M77.5M87.5M83.1M
Total Current Liabilities2.5B2.6B3.5B3.7B4.4B2.2B
Total Stockholder Equity3.5B3.5B3.6B3.6B3.6B2.4B
Property Plant And Equipment Net1.7B2.0B2.9B2.7B2.6B1.4B
Net Debt(1.5B)(900.1M)417.8M442.8M22.2M23.3M
Retained Earnings1.8B1.8B1.8B1.8B1.9B1.2B
Accounts Payable833.3M691.3M995.7M960.3M1.0B594.2M
Cash1.5B1.0B1.4B1.6B3.0B3.1B
Non Current Assets Total2.4B2.8B4.2B4.5B4.4B4.6B
Non Currrent Assets Other71.0M1.2B1.7B800.4M56.5M53.6M
Other Assets282.7M249.0M761.2M1.01.151.09
Cash And Short Term Investments2.7B2.2B2.5B2.3B3.3B3.5B
Net Receivables172.6M240.0M289.4M300.9M196.7M158.0M
Liabilities And Stockholders Equity6.1B6.2B8.0B8.2B8.8B4.9B
Non Current Liabilities Total57.6M178.7M883.1M926.1M808.4M848.9M
Inventory814.3M944.4M886.5M883.0M776.6M588.8M
Other Current Assets82.4M125.8M44.5M164.0M86.7M82.3M
Other Stockholder Equity1.5B1.5B1.5B1.5B1.5B966.9M
Total Liab2.6B2.7B4.4B4.6B5.2B5.4B
Total Current Assets3.7B3.5B3.7B3.6B4.4B2.7B
Intangible Assets498.1M569.0M613.8M1.5B1.5B1.6B
Other Liab26.3M57.6M67.3M80.1M92.1M96.7M
Net Tangible Assets3.1B3.0B3.0B2.1B2.4B2.7B
Deferred Long Term Liab156.0M174.6M145.0M148.4M170.6M141.1M
Property Plant Equipment1.2B1.7B2.0B2.9B3.3B1.7B
Net Invested Capital3.5B3.6B4.8B5.1B6.2B4.6B
Net Working Capital1.2B921.0M215.7M(25.9M)62.8M59.7M
Short Term Debt59.7M28.0M1.0B1.2B2.3B2.4B
Short Term Investments1.2B1.1B1.1B731.7M301.2M286.1M

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Other Information on Investing in Guangzhou Stock

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