China Short Term Investments vs Deferred Long Term Liab Analysis

600016 Stock   3.95  0.02  0.51%   
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 Short Term Investments and its Deferred Long Term Liab 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.

Short Term Investments vs Deferred Long Term Liab

Short Term Investments vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Minsheng Banking Short Term Investments account and Deferred Long Term Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China Minsheng's Short Term Investments and Deferred Long Term Liab is 0.58. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Deferred Long Term Liab 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 Short Term Investments and Deferred Long Term 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 Short Term Investments of China Minsheng Banking are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Short Term Investments i.e., China Minsheng's Short Term Investments and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of China Minsheng balance sheet. It contains any investments China Minsheng Banking undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that China Minsheng Banking can easily liquidate in the marketplace.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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 27, 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 Income68.2B55.2B
Total Revenue140.8B114.8B

China Minsheng fundamental ratios Correlations

0.980.150.820.810.40.93-0.331.00.50.810.960.960.570.890.80.07-0.79-0.610.71-0.760.550.87-0.850.870.8
0.980.070.810.760.420.96-0.40.970.40.750.990.970.580.920.89-0.01-0.88-0.720.81-0.790.630.87-0.870.870.85
0.150.070.010.47-0.24-0.130.650.160.650.350.10.1-0.37-0.110.030.190.02-0.210.110.160.11-0.090.17-0.09-0.07
0.820.810.010.760.530.77-0.410.820.540.860.740.80.590.770.73-0.04-0.74-0.320.43-0.740.440.84-0.740.840.82
0.810.760.470.760.340.65-0.050.810.860.950.720.730.280.670.70.16-0.67-0.470.52-0.530.540.68-0.550.680.63
0.40.42-0.240.530.340.42-0.330.40.20.370.340.380.280.480.41-0.13-0.50.010.18-0.350.440.47-0.570.470.42
0.930.96-0.130.770.650.42-0.590.930.240.660.960.930.590.940.870.03-0.86-0.70.8-0.810.620.9-0.90.90.86
-0.33-0.40.65-0.41-0.05-0.33-0.59-0.320.36-0.09-0.39-0.35-0.46-0.62-0.51-0.070.510.27-0.360.58-0.3-0.680.63-0.68-0.6
1.00.970.160.820.810.40.93-0.320.510.810.960.950.570.890.780.08-0.78-0.60.7-0.760.540.86-0.840.860.79
0.50.40.650.540.860.20.240.360.510.830.350.390.020.230.280.14-0.27-0.090.1-0.150.250.28-0.160.280.24
0.810.750.350.860.950.370.66-0.090.810.830.70.760.410.660.650.03-0.61-0.310.4-0.620.390.71-0.580.710.67
0.960.990.10.740.720.340.96-0.390.960.350.70.960.520.90.860.05-0.84-0.760.84-0.750.620.84-0.840.840.81
0.960.970.10.80.730.380.93-0.350.950.390.760.960.630.890.84-0.14-0.81-0.660.77-0.860.510.87-0.880.870.88
0.570.58-0.370.590.280.280.59-0.460.570.020.410.520.630.660.44-0.41-0.44-0.080.21-0.660.090.65-0.690.650.68
0.890.92-0.110.770.670.480.94-0.620.890.230.660.90.890.660.910.05-0.89-0.620.74-0.810.660.95-0.920.950.88
0.80.890.030.730.70.410.87-0.510.780.280.650.860.840.440.91-0.03-0.97-0.790.86-0.730.770.84-0.770.840.87
0.07-0.010.19-0.040.16-0.130.03-0.070.080.140.030.05-0.14-0.410.05-0.030.05-0.090.030.210.110.050.160.05-0.28
-0.79-0.880.02-0.74-0.67-0.5-0.860.51-0.78-0.27-0.61-0.84-0.81-0.44-0.89-0.970.050.75-0.820.7-0.85-0.820.81-0.82-0.84
-0.61-0.72-0.21-0.32-0.470.01-0.70.27-0.6-0.09-0.31-0.76-0.66-0.08-0.62-0.79-0.090.75-0.970.5-0.63-0.520.5-0.52-0.57
0.710.810.110.430.520.180.8-0.360.70.10.40.840.770.210.740.860.03-0.82-0.97-0.650.650.64-0.650.640.67
-0.76-0.790.16-0.74-0.53-0.35-0.810.58-0.76-0.15-0.62-0.75-0.86-0.66-0.81-0.730.210.70.5-0.65-0.27-0.880.85-0.88-0.9
0.550.630.110.440.540.440.62-0.30.540.250.390.620.510.090.660.770.11-0.85-0.630.65-0.270.52-0.560.520.51
0.870.87-0.090.840.680.470.9-0.680.860.280.710.840.870.650.950.840.05-0.82-0.520.64-0.880.52-0.921.00.93
-0.85-0.870.17-0.74-0.55-0.57-0.90.63-0.84-0.16-0.58-0.84-0.88-0.69-0.92-0.770.160.810.5-0.650.85-0.56-0.92-0.92-0.9
0.870.87-0.090.840.680.470.9-0.680.860.280.710.840.870.650.950.840.05-0.82-0.520.64-0.880.521.0-0.920.93
0.80.85-0.070.820.630.420.86-0.60.790.240.670.810.880.680.880.87-0.28-0.84-0.570.67-0.90.510.93-0.90.93
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China Minsheng Account Relationship Matchups

China Minsheng fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.7T7.0T7.0T7.3T7.7T8.1T
Total Stockholder Equity518.8B529.5B574.3B599.9B624.6B655.8B
Other Liab32.6B28.4B29.6B60.4B69.4B40.5B
Retained Earnings345.6B360.3B382B403.6B271.6B152.1B
Accounts Payable4.6T4.6T5.0T5.5T6.4T3.6T
Cash1.1T682.3B5.7T634.9B721.1B647.2B
Other Assets3.6T4.0T4.1T4.3T4.9T5.2T
Total Liab6.2T6.4T6.4T6.6T7.0T7.4T
Intangible Assets4.7B4.9B5.3B5.6B5.9B3.3B
Property Plant Equipment61.0B60.6B62.9B72.0B82.8B87.0B
Other Current Liab24.6B24.1B13.9B7.5B8.6B15.5B
Total Current Liabilities5.9T6.2T6.1T5.7T6.6T6.0T
Net Tangible Assets484.1B494.5B548.8B580.0B666.9B481.3B
Net Receivables22.8B13.1B12.0B88.7B79.8B41.3B
Inventory10.6B9.9B6.0B4.7B4.3B7.7B
Other Current Assets376.9B379.4B368.6B25.2B22.7B21.5B
Other Stockholder Equity42.2B38.1B70.4B132.5B152.4B160.0B
Deferred Long Term Liab106M1.6B1.5B1.9B1.7B1.6B
Long Term Investments559.4B1.7T2.1T1.8T2.3T1.5T
Total Current Assets1.1T902.7B789.8B1.1T954.7B829.6B
Net Debt263.7B434.0B149.2B109.5B60.2B57.1B
Net Invested Capital1.4T1.6T1.3T1.3T1.4T1.5T

Currently Active Assets on Macroaxis

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.