Guangdong Non Currrent Assets Other vs Other Current Liab Analysis

300805 Stock   9.23  0.26  2.74%   
Guangdong Brandmax financial indicator trend analysis is much more than just examining Guangdong Brandmax latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Brandmax is a good investment. Please check the relationship between Guangdong Brandmax Non Currrent Assets Other and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Brandmax Marketing. 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 Current Liab

Non Currrent Assets Other vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Brandmax Non Currrent Assets Other account and Other Current Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Guangdong Brandmax's Non Currrent Assets Other and Other Current Liab is 0.3. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Guangdong Brandmax Marketing, assuming nothing else is changed. The correlation between historical values of Guangdong Brandmax's Non Currrent Assets Other and Other Current Liab 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 Guangdong Brandmax Marketing are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Non Currrent Assets Other i.e., Guangdong Brandmax's Non Currrent Assets Other and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

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 Current Liab

Most indicators from Guangdong Brandmax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Brandmax 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 Brandmax Marketing. 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 237.2 M, whereas Tax Provision is forecasted to decline to about 4.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit394.0M241.4M269.8M344.8M
Total Revenue2.8B2.2B2.3B2.7B

Guangdong Brandmax fundamental ratios Correlations

-0.260.970.990.971.00.970.950.740.350.860.60.920.620.970.87-0.310.99-0.310.840.790.910.760.970.980.41
-0.26-0.09-0.34-0.38-0.22-0.09-0.39-0.830.3-0.490.48-0.34-0.03-0.1-0.40.87-0.180.87-0.4-0.71-0.42-0.75-0.37-0.24-0.77
0.97-0.090.920.890.971.00.860.60.410.770.750.910.621.00.79-0.20.98-0.20.740.620.850.580.890.930.23
0.99-0.340.920.990.980.920.980.790.320.880.510.890.60.930.89-0.350.97-0.350.860.860.910.830.990.970.49
0.97-0.380.890.990.960.890.980.810.310.90.460.870.560.90.89-0.370.95-0.370.860.90.920.870.980.950.52
1.0-0.220.970.980.960.970.930.70.360.830.640.910.580.980.86-0.290.99-0.290.830.770.90.730.960.970.35
0.97-0.091.00.920.890.970.850.60.420.780.750.920.611.00.8-0.190.98-0.190.730.630.850.580.890.920.23
0.95-0.390.860.980.980.930.850.80.20.880.360.840.680.870.91-0.330.92-0.330.910.870.910.840.980.950.59
0.74-0.830.60.790.810.70.60.8-0.030.820.00.740.350.610.79-0.790.68-0.790.740.940.810.950.80.720.73
0.350.30.410.320.310.360.420.2-0.030.330.690.25-0.050.4-0.060.130.390.13-0.150.130.050.090.280.35-0.16
0.86-0.490.770.880.90.830.780.880.820.330.340.890.570.780.84-0.360.81-0.360.70.860.90.830.850.790.64
0.60.480.750.510.460.640.750.360.00.690.340.560.240.740.30.240.660.240.170.080.380.030.450.55-0.39
0.92-0.340.910.890.870.910.920.840.740.250.890.560.640.920.86-0.310.9-0.310.750.720.940.670.840.820.44
0.62-0.030.620.60.560.580.610.680.35-0.050.570.240.640.620.660.180.610.180.730.330.650.290.580.570.51
0.97-0.11.00.930.90.981.00.870.610.40.780.740.920.620.81-0.20.99-0.20.750.640.860.60.90.930.24
0.87-0.40.790.890.890.860.80.910.79-0.060.840.30.860.660.81-0.320.83-0.320.910.80.980.770.880.820.51
-0.310.87-0.2-0.35-0.37-0.29-0.19-0.33-0.790.13-0.360.24-0.310.18-0.2-0.32-0.261.0-0.3-0.64-0.33-0.69-0.4-0.33-0.48
0.99-0.180.980.970.950.990.980.920.680.390.810.660.90.610.990.83-0.26-0.260.80.730.870.690.960.980.33
-0.310.87-0.2-0.35-0.37-0.29-0.19-0.33-0.790.13-0.360.24-0.310.18-0.2-0.321.0-0.26-0.3-0.64-0.33-0.69-0.4-0.33-0.48
0.84-0.40.740.860.860.830.730.910.74-0.150.70.170.750.730.750.91-0.30.8-0.30.770.880.750.870.830.61
0.79-0.710.620.860.90.770.630.870.940.130.860.080.720.330.640.8-0.640.73-0.640.770.821.00.870.780.71
0.91-0.420.850.910.920.90.850.910.810.050.90.380.940.650.860.98-0.330.87-0.330.880.820.780.880.830.52
0.76-0.750.580.830.870.730.580.840.950.090.830.030.670.290.60.77-0.690.69-0.690.751.00.780.840.760.71
0.97-0.370.890.990.980.960.890.980.80.280.850.450.840.580.90.88-0.40.96-0.40.870.870.880.840.990.48
0.98-0.240.930.970.950.970.920.950.720.350.790.550.820.570.930.82-0.330.98-0.330.830.780.830.760.990.37
0.41-0.770.230.490.520.350.230.590.73-0.160.64-0.390.440.510.240.51-0.480.33-0.480.610.710.520.710.480.37
Click cells to compare fundamentals

Guangdong Brandmax Account Relationship Matchups

Guangdong Brandmax fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.6B2.6B2.2B2.0B2.2B
Other Current Liab92.0M92.3M73.1M53.4M16.0M15.2M
Total Current Liabilities850.1M882.9M927.5M713.3M482.3M721.3M
Total Stockholder Equity1.6B1.7B1.6B1.5B1.5B1.4B
Net Tangible Assets1.6B1.7B1.6B1.5B1.7B1.4B
Retained Earnings634.5M732.2M676.7M529.1M499.3M539.1M
Accounts Payable618.0M632.9M685.4M495.5M306.1M492.8M
Cash777.7M919.8M927.7M948.5M876.6M691.5M
Non Current Assets Total113.4M131.4M223.8M217.6M359.2M377.1M
Non Currrent Assets Other21.0M554.3K730.5K732.1K658.9K625.9K
Other Assets46.4M23.6M54.6M49.6M57.0M36.4M
Net Receivables1.5B1.2B1.3B730.1M530.5M809.2M
Non Current Liabilities Total7.7M2.1M25.5M16.8M22.0M23.1M
Inventory72.4M70.4M107.3M85.0M72.2M78.7M
Other Current Assets25.9M49.4M67.3M104.8M17.3M16.5M
Total Liab857.7M885.0M953.0M730.0M504.3M731.5M
Deferred Long Term Liab3.9M8.5M11.2M7.7M8.9M6.3M
Total Current Assets2.3B2.4B2.4B2.0B1.7B2.0B
Intangible Assets7.4M31.4M22.3M27.8M22.5M17.5M
Property Plant Equipment21.9M37.4M55.8M37.7M43.3M31.3M
Net Invested Capital1.6B1.7B1.6B1.5B1.5B1.5B
Net Working Capital1.5B1.6B1.4B1.3B1.2B1.4B

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Other Information on Investing in Guangdong Stock

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