Anhui Other Non Cash Items vs Investments Analysis

301217 Stock   10.46  0.19  1.78%   
Anhui Tongguan financial indicator trend analysis is way more than just evaluating Anhui Tongguan Copper prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Tongguan Copper is a good investment. Please check the relationship between Anhui Tongguan Other Non Cash Items and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Tongguan Copper. 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.

Other Non Cash Items vs Investments

Other Non Cash Items vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Tongguan Copper Other Non Cash Items account and Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Anhui Tongguan's Other Non Cash Items and Investments is 0.25. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Investments in the same time period over historical financial statements of Anhui Tongguan Copper, assuming nothing else is changed. The correlation between historical values of Anhui Tongguan's Other Non Cash Items and 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 Other Non Cash Items of Anhui Tongguan Copper are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Other Non Cash Items i.e., Anhui Tongguan's Other Non Cash Items and Investments go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Non Cash Items

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Anhui Tongguan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Tongguan Copper 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 Anhui Tongguan Copper. 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 15.5 M, whereas Tax Provision is projected to grow to (10.7 M).
 2022 2023 2024 2025 (projected)
Interest Expense27.0M17.4M15.7M14.9M
Interest Income28.7M23.6M27.1M28.5M

Anhui Tongguan fundamental ratios Correlations

-0.77-0.290.990.760.870.320.920.93-0.45-0.010.870.990.470.97-0.89-0.21.0-0.420.990.990.93-0.840.940.96-0.85
-0.770.16-0.77-0.97-0.640.12-0.8-0.590.870.28-0.93-0.73-0.17-0.780.90.17-0.81-0.17-0.81-0.77-0.820.83-0.64-0.690.64
-0.290.16-0.38-0.14-0.27-0.01-0.51-0.10.30.39-0.06-0.380.23-0.070.470.96-0.310.54-0.35-0.36-0.490.27-0.12-0.140.0
0.99-0.77-0.380.750.880.260.940.89-0.47-0.070.850.980.390.94-0.92-0.31.0-0.441.00.990.94-0.820.90.93-0.79
0.76-0.97-0.140.750.55-0.080.750.63-0.88-0.140.880.740.320.78-0.84-0.120.80.150.780.780.77-0.830.680.72-0.66
0.87-0.64-0.270.880.550.230.850.73-0.25-0.360.840.850.090.83-0.84-0.290.87-0.290.890.850.84-0.720.740.79-0.65
0.320.12-0.010.26-0.080.230.310.570.40.460.040.390.670.360.030.120.26-0.620.220.340.31-0.410.550.5-0.65
0.92-0.8-0.510.940.750.850.310.78-0.55-0.250.830.940.250.85-0.94-0.470.93-0.370.940.941.0-0.910.810.85-0.78
0.93-0.59-0.10.890.630.730.570.78-0.230.310.730.930.740.95-0.660.040.9-0.520.870.920.79-0.781.00.99-0.94
-0.450.870.3-0.47-0.88-0.250.4-0.55-0.230.33-0.64-0.430.01-0.420.710.32-0.51-0.33-0.51-0.49-0.570.6-0.29-0.350.29
-0.010.280.39-0.07-0.14-0.360.46-0.250.310.33-0.28-0.010.820.090.390.61-0.06-0.38-0.11-0.03-0.230.150.270.18-0.29
0.87-0.93-0.060.850.880.840.040.830.73-0.64-0.280.830.220.9-0.89-0.080.890.070.890.860.84-0.850.760.82-0.73
0.99-0.73-0.380.980.740.850.390.940.93-0.43-0.010.830.490.94-0.87-0.280.98-0.480.971.00.94-0.860.950.96-0.85
0.47-0.170.230.390.320.090.670.250.740.010.820.220.490.57-0.070.440.42-0.440.360.470.28-0.420.720.66-0.74
0.97-0.78-0.070.940.780.830.360.850.95-0.420.090.90.940.57-0.810.020.96-0.30.950.950.86-0.850.960.98-0.91
-0.890.90.47-0.92-0.84-0.840.03-0.94-0.660.710.39-0.89-0.87-0.07-0.810.47-0.920.16-0.93-0.89-0.940.81-0.7-0.750.61
-0.20.170.96-0.3-0.12-0.290.12-0.470.040.320.61-0.08-0.280.440.020.47-0.230.35-0.28-0.28-0.450.240.01-0.03-0.12
1.0-0.81-0.311.00.80.870.260.930.9-0.51-0.060.890.980.420.96-0.92-0.23-0.371.00.990.94-0.850.920.95-0.82
-0.42-0.170.54-0.440.15-0.29-0.62-0.37-0.52-0.33-0.380.07-0.48-0.44-0.30.160.35-0.37-0.37-0.43-0.360.16-0.49-0.440.36
0.99-0.81-0.351.00.780.890.220.940.87-0.51-0.110.890.970.360.95-0.93-0.281.0-0.370.980.94-0.830.890.92-0.79
0.99-0.77-0.360.990.780.850.340.940.92-0.49-0.030.861.00.470.95-0.89-0.280.99-0.430.980.95-0.880.940.96-0.85
0.93-0.82-0.490.940.770.840.311.00.79-0.57-0.230.840.940.280.86-0.94-0.450.94-0.360.940.95-0.920.830.86-0.79
-0.840.830.27-0.82-0.83-0.72-0.41-0.91-0.780.60.15-0.85-0.86-0.42-0.850.810.24-0.850.16-0.83-0.88-0.92-0.82-0.860.87
0.94-0.64-0.120.90.680.740.550.811.0-0.290.270.760.950.720.96-0.70.010.92-0.490.890.940.83-0.821.0-0.95
0.96-0.69-0.140.930.720.790.50.850.99-0.350.180.820.960.660.98-0.75-0.030.95-0.440.920.960.86-0.861.0-0.94
-0.850.640.0-0.79-0.66-0.65-0.65-0.78-0.940.29-0.29-0.73-0.85-0.74-0.910.61-0.12-0.820.36-0.79-0.85-0.790.87-0.95-0.94
Click cells to compare fundamentals

Anhui Tongguan Account Relationship Matchups

Anhui Tongguan fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.9B3.4B6.2B6.9B8.0B4.9B
Other Current Liab1.2M300.9K291.6K177.2K159.4K151.5K
Total Current Liabilities834.8M1.1B346.1M941.3M847.2M656.8M
Total Stockholder Equity1.7B2.1B5.6B5.6B6.4B3.6B
Retained Earnings131.5M476.2M600.3M532.0M611.8M452.2M
Accounts Payable144.9M114.8M176.2M539.0M619.9M650.9M
Cash42.9M248.9M1.6B1.3B1.5B1.5B
Non Current Assets Total2.0B1.9B2.3B3.1B3.5B2.5B
Non Currrent Assets Other3.2M15.7M11.0M21.9M19.7M13.0M
Long Term Debt239.4M98M82M266M239.4M142.2M
Net Receivables411.0M671.1M600.6M640.9M737.0M585.1M
Non Current Liabilities Total365.0M220.5M208.5M419.7M482.7M336.7M
Inventory264.7M357.5M408.8M595.5M684.8M412.1M
Other Current Assets46.6M36.8M1.4M22.8M20.5M26.7M
Total Liab1.2B1.4B554.6M1.4B1.2B901.8M
Net Invested Capital2.5B3.1B5.7B6.1B7.0B4.3B
Total Current Assets928.6M1.5B3.9B3.9B4.5B2.4B
Net Working Capital93.7M397.1M3.5B2.9B3.4B3.5B
Intangible Assets117.4M114.8M109.6M105.9M95.3M91.2M

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Other Information on Investing in Anhui Stock

Balance Sheet is a snapshot of the financial position of Anhui Tongguan Copper at a specified time, usually calculated after every quarter, six months, or one year. Anhui Tongguan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anhui Tongguan 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 Anhui currently owns. An asset can also be divided into two categories, current and non-current.