China Investments vs Change To Account Receivables Analysis

600028 Stock

6.40 0.02 0.31%

China Petroleum financial indicator trend analysis is way more than just evaluating China Petroleum Chemical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Petroleum Chemical is a good investment. Please check the relationship between China Petroleum Investments and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Petroleum Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Investments vs Change To Account Receivables

Investments vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Petroleum Chemical Investments account and Change To Account Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between China Petroleum's Investments and Change To Account Receivables is 0.6. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of China Petroleum Chemical, assuming nothing else is changed. The correlation between historical values of China Petroleum's Investments and Change To Account Receivables 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 Petroleum Chemical are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Investments i.e., China Petroleum's Investments and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Investments

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

Change To Account Receivables

Most indicators from China Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Petroleum Chemical 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 Petroleum Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of November 29, 2024, Selling General Administrative is expected to decline to about 54.4 B. In addition to that, Tax Provision is expected to decline to about 13.9 B

	2021	2022	2023	2024 (projected)
Gross Profit	548.5B	523.5B	463.7B	487.0B
Total Revenue	2.7T	3.3T	3.1T	2.6T

Gross Profit Total Revenue

China Petroleum fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Retained Earnings	Intangible Assets
Total Assets		0.99	0.99	0.99	0.99	0.99	0.95	0.93	0.62	0.85	0.64	0.94	0.76	0.98	0.96	-0.97	0.99	0.7	0.96	0.77	0.98	0.89	0.98	0.99	0.2	0.44
Other Current Liab	0.99		0.99	0.97	0.98	0.98	0.96	0.93	0.6	0.86	0.58	0.91	0.77	0.98	0.95	-0.97	0.99	0.73	0.98	0.74	0.98	0.9	0.96	0.97	0.17	0.43
Total Current Liabilities	0.99	0.99		0.99	0.98	0.99	0.97	0.93	0.65	0.83	0.67	0.95	0.78	0.99	0.95	-0.97	0.99	0.7	0.95	0.79	0.99	0.89	0.98	0.97	0.23	0.48
Total Stockholder Equity	0.99	0.97	0.99		0.99	1.0	0.93	0.95	0.69	0.85	0.71	0.96	0.75	0.96	0.96	-0.97	0.97	0.65	0.92	0.77	0.98	0.87	1.0	0.97	0.21	0.47
Other Liab	0.99	0.98	0.98	0.99		0.99	0.93	0.95	0.7	0.85	0.68	0.95	0.76	0.96	0.97	-0.95	0.97	0.73	0.94	0.77	0.98	0.89	0.99	0.96	0.17	0.49
Net Tangible Assets	0.99	0.98	0.99	1.0	0.99		0.94	0.95	0.67	0.88	0.69	0.94	0.72	0.97	0.96	-0.97	0.98	0.66	0.94	0.77	0.98	0.88	0.99	0.98	0.16	0.44
Accounts Payable	0.95	0.96	0.97	0.93	0.93	0.94		0.9	0.55	0.82	0.57	0.85	0.7	0.99	0.87	-0.94	0.96	0.7	0.96	0.84	0.96	0.91	0.91	0.93	0.17	0.39
Cash	0.93	0.93	0.93	0.95	0.95	0.95	0.9		0.78	0.87	0.7	0.89	0.7	0.91	0.86	-0.93	0.9	0.59	0.88	0.79	0.95	0.86	0.95	0.88	0.14	0.42
Other Assets	0.62	0.6	0.65	0.69	0.7	0.67	0.55	0.78		0.62	0.87	0.73	0.47	0.59	0.62	-0.64	0.54	0.35	0.47	0.57	0.69	0.47	0.72	0.53	0.24	0.57
Long Term Debt	0.85	0.86	0.83	0.85	0.85	0.88	0.82	0.87	0.62		0.6	0.71	0.39	0.86	0.81	-0.88	0.84	0.47	0.83	0.6	0.81	0.67	0.88	0.86	-0.18	0.1
Net Receivables	0.64	0.58	0.67	0.71	0.68	0.69	0.57	0.7	0.87	0.6		0.74	0.41	0.62	0.61	-0.61	0.57	0.23	0.44	0.72	0.67	0.5	0.74	0.6	0.2	0.59
Good Will	0.94	0.91	0.95	0.96	0.95	0.94	0.85	0.89	0.73	0.71	0.74		0.86	0.89	0.93	-0.89	0.91	0.66	0.84	0.74	0.96	0.84	0.95	0.9	0.31	0.65
Short Term Investments	0.76	0.77	0.78	0.75	0.76	0.72	0.7	0.7	0.47	0.39	0.41	0.86		0.71	0.74	-0.69	0.76	0.67	0.73	0.59	0.82	0.81	0.71	0.69	0.44	0.73
Inventory	0.98	0.98	0.99	0.96	0.96	0.97	0.99	0.91	0.59	0.86	0.62	0.89	0.71		0.92	-0.97	0.99	0.71	0.96	0.81	0.97	0.89	0.95	0.97	0.16	0.41
Other Current Assets	0.96	0.95	0.95	0.96	0.97	0.96	0.87	0.86	0.62	0.81	0.61	0.93	0.74	0.92		-0.92	0.95	0.79	0.91	0.64	0.93	0.81	0.95	0.96	0.16	0.47
Other Stockholder Equity	-0.97	-0.97	-0.97	-0.97	-0.95	-0.97	-0.94	-0.93	-0.64	-0.88	-0.61	-0.89	-0.69	-0.97	-0.92		-0.96	-0.65	-0.93	-0.71	-0.96	-0.81	-0.96	-0.95	-0.13	-0.3
Total Liab	0.99	0.99	0.99	0.97	0.97	0.98	0.96	0.9	0.54	0.84	0.57	0.91	0.76	0.99	0.95	-0.96		0.73	0.98	0.75	0.97	0.91	0.96	0.99	0.18	0.41
Deferred Long Term Liab	0.7	0.73	0.7	0.65	0.73	0.66	0.7	0.59	0.35	0.47	0.23	0.66	0.67	0.71	0.79	-0.65	0.73		0.77	0.49	0.7	0.68	0.63	0.68	0.17	0.49
Long Term Investments	0.96	0.98	0.95	0.92	0.94	0.94	0.96	0.88	0.47	0.83	0.44	0.84	0.73	0.96	0.91	-0.93	0.98	0.77		0.72	0.94	0.92	0.91	0.96	0.14	0.35
Short Long Term Debt	0.77	0.74	0.79	0.77	0.77	0.77	0.84	0.79	0.57	0.6	0.72	0.74	0.59	0.81	0.64	-0.71	0.75	0.49	0.72		0.8	0.85	0.76	0.73	0.14	0.52
Total Current Assets	0.98	0.98	0.99	0.98	0.98	0.98	0.96	0.95	0.69	0.81	0.67	0.96	0.82	0.97	0.93	-0.96	0.97	0.7	0.94	0.8		0.91	0.97	0.94	0.24	0.52
Short Term Debt	0.89	0.9	0.89	0.87	0.89	0.88	0.91	0.86	0.47	0.67	0.5	0.84	0.81	0.89	0.81	-0.81	0.91	0.68	0.92	0.85	0.91		0.85	0.87	0.26	0.53
Common Stock	0.98	0.96	0.98	1.0	0.99	0.99	0.91	0.95	0.72	0.88	0.74	0.95	0.71	0.95	0.95	-0.96	0.96	0.63	0.91	0.76	0.97	0.85		0.97	0.16	0.46
Property Plant Equipment	0.99	0.97	0.97	0.97	0.96	0.98	0.93	0.88	0.53	0.86	0.6	0.9	0.69	0.97	0.96	-0.95	0.99	0.68	0.96	0.73	0.94	0.87	0.97		0.14	0.37
Retained Earnings	0.2	0.17	0.23	0.21	0.17	0.16	0.17	0.14	0.24	-0.18	0.2	0.31	0.44	0.16	0.16	-0.13	0.18	0.17	0.14	0.14	0.24	0.26	0.16	0.14		0.59
Intangible Assets	0.44	0.43	0.48	0.47	0.49	0.44	0.39	0.42	0.57	0.1	0.59	0.65	0.73	0.41	0.47	-0.3	0.41	0.49	0.35	0.52	0.52	0.53	0.46	0.37	0.59

Click cells to compare fundamentals

China Petroleum Account Relationship Matchups

China Petroleum fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8T	1.7T	1.9T	1.9T	2.0T	1.7T
Other Current Liab	209.3B	238.2B	281.0B	277.8B	319.5B	223.8B
Total Current Liabilities	580.0B	522.2B	641.3B	667.4B	647.1B	577.3B
Total Stockholder Equity	738.2B	741.5B	774.2B	784.7B	803.0B	744.4B
Other Liab	66.5B	72.6B	70.7B	70.6B	81.2B	68.0B
Net Tangible Assets	696.2B	701.0B	735.9B	750.2B	862.8B	691.3B
Accounts Payable	200.0B	161.7B	215.6B	269.4B	259B	207.7B
Cash	60.3B	87.6B	108.6B	93.4B	121.8B	98.1B
Other Assets	49.0B	67.7B	59.7B	64.8B	58.3B	65.5B
Long Term Debt	58.8B	83.8B	92.0B	108.0B	187.9B	109.7B
Net Receivables	88.7B	35.4B	34.9B	46.4B	48.7B	51.3B
Good Will	8.7B	8.6B	8.6B	6.5B	6.5B	7.7B
Short Term Investments	79.6B	109.2B	119.3B	55.1B	44.0B	67.1B
Inventory	194.1B	151.9B	207.4B	244.2B	250.9B	192.8B
Other Current Assets	33.1B	36.1B	32.7B	31.3B	36.0B	31.3B
Other Stockholder Equity	31.7B	32.9B	2.5B	6.4B	5.8B	5.5B
Total Liab	879.2B	850.9B	974.2B	1.0T	1.1T	850.2B
Deferred Long Term Liab	15.7B	8.9B	9.6B	10.0B	11.5B	6.7B
Long Term Investments	153.7B	189.9B	209.9B	234.7B	269.9B	158.5B
Short Long Term Debt	83.8B	29.0B	38.1B	66.3B	71.0B	58.0B
Total Current Assets	447.3B	455.4B	558.0B	523.1B	534.4B	479.1B
Property Plant Equipment	1.1T	980.4B	1.0T	1.1T	1.3T	920.9B
Retained Earnings	530.4B	531.6B	567.7B	576.8B	374.3B	409.8B
Intangible Assets	34.0B	31.9B	29.7B	28.0B	26.2B	24.2B
Non Current Assets Total	1.3T	1.3T	1.3T	1.4T	1.5T	1.4T
Non Currrent Assets Other	25.9B	34.0B	31.3B	34.1B	63.3B	35.2B
Non Current Liabilities Total	302.9B	328.8B	332.9B	345.0B	421.8B	309.0B
Non Current Liabilities Other	16.4B	19.0B	19.2B	15.0B	14.0B	14.7B
Net Debt	82.3B	25.3B	21.5B	80.9B	137.1B	71.7B
Net Invested Capital	880.7B	854.3B	904.3B	959.0B	1.1T	1.0T
Net Working Capital	(130.5B)	(66.8B)	(83.3B)	(144.2B)	(112.6B)	(118.3B)

Currently Active Assets on Macroaxis

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C
MSFT	Microsoft
GM	General Motors

Other Information on Investing in China Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

China Investments vs Change To Account Receivables Analysis

Investments vs Change To Account Receivables

Investments vs Change To Account Receivables Correlation Analysis

Correlation Coefficient

Investments

Change To Account Receivables

China Petroleum fundamental ratios Correlations

China Petroleum Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Petroleum fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Total Stockholder Equity
Other Current Liab	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Other Liab	+ 0.99	Total Assets

Other Stockholder Equity	- 0.97	Inventory
Other Stockholder Equity	- 0.97	Net Tangible Assets
Other Stockholder Equity	- 0.97	Total Stockholder Equity
Other Stockholder Equity	- 0.97	Total Current Liabilities
Other Stockholder Equity	- 0.97	Other Current Liab
Other Stockholder Equity	- 0.97	Total Assets