China Investments vs Change In Cash Analysis

600016 Stock

3.87 0.19 4.68%

China Minsheng financial indicator trend analysis is way more than just evaluating China Minsheng Banking prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Minsheng Banking is a good investment. Please check the relationship between China Minsheng Investments and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Minsheng Banking. 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.

Investments vs Change In Cash

Investments vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Minsheng Banking Investments account and Change In Cash. At this time, the significance of the direction appears to have no relationship.

The correlation between China Minsheng's Investments and Change In Cash is 0.05. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change In Cash in the same time period over historical financial statements of China Minsheng Banking, assuming nothing else is changed. The correlation between historical values of China Minsheng's Investments and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of China Minsheng Banking are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Investments i.e., China Minsheng's Investments and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.05

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change In Cash

Most indicators from China Minsheng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Minsheng Banking 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 China Minsheng Banking. 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.

As of November 24, 2024, Selling General Administrative is expected to decline to about 38 B. In addition to that, Tax Provision is expected to decline to about 1.3 B

	2023	2024 (projected)
Operating Income	68.2B	55.2B
Total Revenue	140.8B	114.8B

Operating Income Total Revenue

China Minsheng fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Short Term Investments	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Good Will
Total Assets		0.98	0.15	0.82	0.81	0.4	0.93	-0.33	1.0	0.5	0.81	0.96	0.96	0.57	0.89	0.8	0.07	-0.79	-0.61	0.71	-0.76	0.55	0.87	-0.85	0.87	0.8
Total Stockholder Equity	0.98		0.07	0.81	0.76	0.42	0.96	-0.4	0.97	0.4	0.75	0.99	0.97	0.58	0.92	0.89	-0.01	-0.88	-0.72	0.81	-0.79	0.63	0.87	-0.87	0.87	0.85
Other Liab	0.15	0.07		0.01	0.47	-0.24	-0.13	0.65	0.16	0.65	0.35	0.1	0.1	-0.37	-0.11	0.03	0.19	0.02	-0.21	0.11	0.16	0.11	-0.09	0.17	-0.09	-0.07
Retained Earnings	0.82	0.81	0.01		0.76	0.53	0.77	-0.41	0.82	0.54	0.86	0.74	0.8	0.59	0.77	0.73	-0.04	-0.74	-0.32	0.43	-0.74	0.44	0.84	-0.74	0.84	0.82
Accounts Payable	0.81	0.76	0.47	0.76		0.34	0.65	-0.05	0.81	0.86	0.95	0.72	0.73	0.28	0.67	0.7	0.16	-0.67	-0.47	0.52	-0.53	0.54	0.68	-0.55	0.68	0.63
Cash	0.4	0.42	-0.24	0.53	0.34		0.42	-0.33	0.4	0.2	0.37	0.34	0.38	0.28	0.48	0.41	-0.13	-0.5	0.01	0.18	-0.35	0.44	0.47	-0.57	0.47	0.42
Other Assets	0.93	0.96	-0.13	0.77	0.65	0.42		-0.59	0.93	0.24	0.66	0.96	0.93	0.59	0.94	0.87	0.03	-0.86	-0.7	0.8	-0.81	0.62	0.9	-0.9	0.9	0.86
Short Term Investments	-0.33	-0.4	0.65	-0.41	-0.05	-0.33	-0.59		-0.32	0.36	-0.09	-0.39	-0.35	-0.46	-0.62	-0.51	-0.07	0.51	0.27	-0.36	0.58	-0.3	-0.68	0.63	-0.68	-0.6
Total Liab	1.0	0.97	0.16	0.82	0.81	0.4	0.93	-0.32		0.51	0.81	0.96	0.95	0.57	0.89	0.78	0.08	-0.78	-0.6	0.7	-0.76	0.54	0.86	-0.84	0.86	0.79
Intangible Assets	0.5	0.4	0.65	0.54	0.86	0.2	0.24	0.36	0.51		0.83	0.35	0.39	0.02	0.23	0.28	0.14	-0.27	-0.09	0.1	-0.15	0.25	0.28	-0.16	0.28	0.24
Common Stock	0.81	0.75	0.35	0.86	0.95	0.37	0.66	-0.09	0.81	0.83		0.7	0.76	0.41	0.66	0.65	0.03	-0.61	-0.31	0.4	-0.62	0.39	0.71	-0.58	0.71	0.67
Property Plant Equipment	0.96	0.99	0.1	0.74	0.72	0.34	0.96	-0.39	0.96	0.35	0.7		0.96	0.52	0.9	0.86	0.05	-0.84	-0.76	0.84	-0.75	0.62	0.84	-0.84	0.84	0.81
Long Term Debt	0.96	0.97	0.1	0.8	0.73	0.38	0.93	-0.35	0.95	0.39	0.76	0.96		0.63	0.89	0.84	-0.14	-0.81	-0.66	0.77	-0.86	0.51	0.87	-0.88	0.87	0.88
Other Current Liab	0.57	0.58	-0.37	0.59	0.28	0.28	0.59	-0.46	0.57	0.02	0.41	0.52	0.63		0.66	0.44	-0.41	-0.44	-0.08	0.21	-0.66	0.09	0.65	-0.69	0.65	0.68
Total Current Liabilities	0.89	0.92	-0.11	0.77	0.67	0.48	0.94	-0.62	0.89	0.23	0.66	0.9	0.89	0.66		0.91	0.05	-0.89	-0.62	0.74	-0.81	0.66	0.95	-0.92	0.95	0.88
Net Tangible Assets	0.8	0.89	0.03	0.73	0.7	0.41	0.87	-0.51	0.78	0.28	0.65	0.86	0.84	0.44	0.91		-0.03	-0.97	-0.79	0.86	-0.73	0.77	0.84	-0.77	0.84	0.87
Net Receivables	0.07	-0.01	0.19	-0.04	0.16	-0.13	0.03	-0.07	0.08	0.14	0.03	0.05	-0.14	-0.41	0.05	-0.03		0.05	-0.09	0.03	0.21	0.11	0.05	0.16	0.05	-0.28
Inventory	-0.79	-0.88	0.02	-0.74	-0.67	-0.5	-0.86	0.51	-0.78	-0.27	-0.61	-0.84	-0.81	-0.44	-0.89	-0.97	0.05		0.75	-0.82	0.7	-0.85	-0.82	0.81	-0.82	-0.84
Other Current Assets	-0.61	-0.72	-0.21	-0.32	-0.47	0.01	-0.7	0.27	-0.6	-0.09	-0.31	-0.76	-0.66	-0.08	-0.62	-0.79	-0.09	0.75		-0.97	0.5	-0.63	-0.52	0.5	-0.52	-0.57
Other Stockholder Equity	0.71	0.81	0.11	0.43	0.52	0.18	0.8	-0.36	0.7	0.1	0.4	0.84	0.77	0.21	0.74	0.86	0.03	-0.82	-0.97		-0.65	0.65	0.64	-0.65	0.64	0.67
Deferred Long Term Liab	-0.76	-0.79	0.16	-0.74	-0.53	-0.35	-0.81	0.58	-0.76	-0.15	-0.62	-0.75	-0.86	-0.66	-0.81	-0.73	0.21	0.7	0.5	-0.65		-0.27	-0.88	0.85	-0.88	-0.9
Long Term Investments	0.55	0.63	0.11	0.44	0.54	0.44	0.62	-0.3	0.54	0.25	0.39	0.62	0.51	0.09	0.66	0.77	0.11	-0.85	-0.63	0.65	-0.27		0.52	-0.56	0.52	0.51
Short Long Term Debt	0.87	0.87	-0.09	0.84	0.68	0.47	0.9	-0.68	0.86	0.28	0.71	0.84	0.87	0.65	0.95	0.84	0.05	-0.82	-0.52	0.64	-0.88	0.52		-0.92	1.0	0.93
Total Current Assets	-0.85	-0.87	0.17	-0.74	-0.55	-0.57	-0.9	0.63	-0.84	-0.16	-0.58	-0.84	-0.88	-0.69	-0.92	-0.77	0.16	0.81	0.5	-0.65	0.85	-0.56	-0.92		-0.92	-0.9
Short Term Debt	0.87	0.87	-0.09	0.84	0.68	0.47	0.9	-0.68	0.86	0.28	0.71	0.84	0.87	0.65	0.95	0.84	0.05	-0.82	-0.52	0.64	-0.88	0.52	1.0	-0.92		0.93
Good Will	0.8	0.85	-0.07	0.82	0.63	0.42	0.86	-0.6	0.79	0.24	0.67	0.81	0.88	0.68	0.88	0.87	-0.28	-0.84	-0.57	0.67	-0.9	0.51	0.93	-0.9	0.93

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China Minsheng Account Relationship Matchups

China Minsheng fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.7T	7.0T	7.0T	7.3T	7.7T	8.1T
Total Stockholder Equity	518.8B	529.5B	574.3B	599.9B	624.6B	655.8B
Other Liab	32.6B	28.4B	29.6B	60.4B	69.4B	40.5B
Retained Earnings	345.6B	360.3B	382B	403.6B	271.6B	152.1B
Accounts Payable	4.6T	4.6T	5.0T	5.5T	6.4T	3.6T
Cash	1.1T	682.3B	5.7T	634.9B	721.1B	647.2B
Other Assets	3.6T	4.0T	4.1T	4.3T	4.9T	5.2T
Total Liab	6.2T	6.4T	6.4T	6.6T	7.0T	7.4T
Intangible Assets	4.7B	4.9B	5.3B	5.6B	5.9B	3.3B
Property Plant Equipment	61.0B	60.6B	62.9B	72.0B	82.8B	87.0B
Other Current Liab	24.6B	24.1B	13.9B	7.5B	8.6B	15.5B
Total Current Liabilities	5.9T	6.2T	6.1T	5.7T	6.6T	6.0T
Net Tangible Assets	484.1B	494.5B	548.8B	580.0B	666.9B	481.3B
Net Receivables	22.8B	13.1B	12.0B	88.7B	79.8B	41.3B
Inventory	10.6B	9.9B	6.0B	4.7B	4.3B	7.7B
Other Current Assets	376.9B	379.4B	368.6B	25.2B	22.7B	21.5B
Other Stockholder Equity	42.2B	38.1B	70.4B	132.5B	152.4B	160.0B
Deferred Long Term Liab	106M	1.6B	1.5B	1.9B	1.7B	1.6B
Long Term Investments	559.4B	1.7T	2.1T	1.8T	2.3T	1.5T
Total Current Assets	1.1T	902.7B	789.8B	1.1T	954.7B	829.6B
Net Debt	263.7B	434.0B	149.2B	109.5B	60.2B	57.1B
Net Invested Capital	1.4T	1.6T	1.3T	1.3T	1.4T	1.5T

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Other Information on Investing in China Stock

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

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China Investments vs Change In Cash Analysis

Investments vs Change In Cash

Investments vs Change In Cash Correlation Analysis

Correlation Coefficient

Investments

Change In Cash

China Minsheng fundamental ratios Correlations

China Minsheng Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Minsheng fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

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Total Liab	+ 1.0	Total Assets
Short Term Debt	+ 1.0	Short Long Term Debt
Property Plant Equipment	+ 0.99	Total Stockholder Equity
Total Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.97	Total Stockholder Equity
Long Term Debt	+ 0.97	Total Stockholder Equity

Other Stockholder Equity	- 0.97	Other Current Assets
Inventory	- 0.97	Net Tangible Assets
Short Term Debt	- 0.92	Total Current Assets
Total Current Assets	- 0.92	Short Long Term Debt
Total Current Assets	- 0.92	Total Current Liabilities
Good Will	- 0.9	Total Current Assets