China Other Liab vs Other Stockholder Equity Analysis

600029 Stock   7.24  0.27  3.87%   
China Southern financial indicator trend analysis is way more than just evaluating China Southern Airlines prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Southern Airlines is a good investment. Please check the relationship between China Southern Other Liab and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Southern Airlines. 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.

Other Liab vs Other Stockholder Equity

Other Liab vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Southern Airlines Other Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between China Southern's Other Liab and Other Stockholder Equity is -0.21. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of China Southern Airlines, assuming nothing else is changed. The correlation between historical values of China Southern's Other Liab and Other Stockholder Equity 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 Liab of China Southern Airlines are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Liab i.e., China Southern's Other Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Liab

Other Stockholder Equity

Most indicators from China Southern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Southern Airlines 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 Southern Airlines. 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.
The current year's Selling General Administrative is expected to grow to about 7.9 B. The current year's Tax Provision is expected to grow to about 1.5 B
 2023 2024 (projected)
Non Recurring57.5M30.0M
Research Development511M293.4M

China Southern fundamental ratios Correlations

0.150.790.82-0.07-0.110.080.420.62-0.040.20.640.30.990.390.850.540.550.750.670.840.790.820.850.60.79
0.15-0.040.130.830.2-0.30.48-0.210.620.450.310.790.150.76-0.03-0.230.07-0.22-0.22-0.2-0.03-0.14-0.14-0.15-0.13
0.79-0.040.48-0.11-0.590.570.290.9-0.090.020.380.180.820.310.940.810.750.680.630.850.880.820.790.610.86
0.820.130.48-0.090.37-0.30.280.28-0.210.380.750.260.720.180.650.210.210.830.680.670.50.680.70.620.56
-0.070.83-0.11-0.090.04-0.120.29-0.160.580.30.140.89-0.060.86-0.09-0.140.15-0.27-0.18-0.26-0.19-0.22-0.22-0.21-0.16
-0.110.2-0.590.370.04-0.87-0.21-0.77-0.170.480.31-0.01-0.23-0.2-0.38-0.76-0.690.06-0.17-0.26-0.49-0.33-0.22-0.02-0.47
0.08-0.30.57-0.3-0.12-0.870.00.650.12-0.24-0.05-0.10.180.10.40.590.55-0.040.110.250.380.210.20.150.38
0.420.480.290.280.29-0.210.00.390.61-0.230.260.460.430.520.240.470.550.020.40.030.320.450.14-0.220.32
0.62-0.210.90.28-0.16-0.770.650.39-0.01-0.320.130.120.670.250.810.950.860.530.660.70.810.810.670.370.84
-0.040.62-0.09-0.210.58-0.170.120.61-0.010.190.210.510.00.58-0.1-0.010.29-0.54-0.2-0.45-0.23-0.27-0.35-0.47-0.17
0.20.450.020.380.30.48-0.24-0.23-0.320.190.660.30.150.240.18-0.49-0.210.13-0.160.06-0.18-0.240.020.31-0.15
0.640.310.380.750.140.31-0.050.260.130.210.660.310.580.330.560.00.250.450.380.340.160.290.330.320.3
0.30.790.180.260.89-0.01-0.10.460.120.510.30.310.30.950.210.110.360.050.140.080.160.150.140.060.17
0.990.150.820.72-0.06-0.230.180.430.670.00.150.580.30.420.850.590.610.690.630.830.810.810.830.570.8
0.390.760.310.180.86-0.20.10.520.250.580.240.330.950.420.30.240.490.010.140.140.250.210.190.030.24
0.85-0.030.940.65-0.09-0.380.40.240.81-0.10.180.560.210.850.30.710.710.80.730.880.780.810.830.690.88
0.54-0.230.810.21-0.14-0.760.590.470.95-0.01-0.490.00.110.590.240.710.810.480.720.640.770.830.640.320.8
0.550.070.750.210.15-0.690.550.550.860.29-0.210.250.360.610.490.710.810.310.590.460.570.630.410.10.79
0.75-0.220.680.83-0.270.06-0.040.020.53-0.540.130.450.050.690.010.80.480.310.80.90.660.830.850.790.72
0.67-0.220.630.68-0.18-0.170.110.40.66-0.2-0.160.380.140.630.140.730.720.590.80.720.560.870.690.520.77
0.84-0.20.850.67-0.26-0.260.250.030.7-0.450.060.340.080.830.140.880.640.460.90.720.850.860.950.840.83
0.79-0.030.880.5-0.19-0.490.380.320.81-0.23-0.180.160.160.810.250.780.770.570.660.560.850.860.880.640.83
0.82-0.140.820.68-0.22-0.330.210.450.81-0.27-0.240.290.150.810.210.810.830.630.830.870.860.860.850.570.85
0.85-0.140.790.7-0.22-0.220.20.140.67-0.350.020.330.140.830.190.830.640.410.850.690.950.880.850.850.82
0.6-0.150.610.62-0.21-0.020.15-0.220.37-0.470.310.320.060.570.030.690.320.10.790.520.840.640.570.850.61
0.79-0.130.860.56-0.16-0.470.380.320.84-0.17-0.150.30.170.80.240.880.80.790.720.770.830.830.850.820.61
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China Southern Account Relationship Matchups

China Southern fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets306.9B326.4B323.2B312.2B309.2B173.1B
Other Current Liab18.8B17.3B15.5B27.7B7.2B6.8B
Total Current Liabilities95.5B95.7B111.0B141.5B129.4B135.9B
Total Stockholder Equity64.1B69.6B67.9B41.3B36.8B33.9B
Other Liab6.4B6.9B7.2B8.0B9.2B7.4B
Retained Earnings25.6B14.7B2.6B(30.1B)(36.9B)(35.0B)
Accounts Payable1.7B1.7B1.4B14.4B20.0B21.0B
Cash1.8B25.4B21.5B19.9B9.9B8.9B
Other Assets4.9B10.7B16.5B15.1B17.4B18.3B
Long Term Debt13.6B38.1B38.4B34.4B50.5B32.4B
Net Receivables5.6B2.5B2.9B2.7B3.3B3.3B
Inventory2.0B2.0B1.7B1.4B1.6B1.5B
Other Current Assets5.9B6.4B9.6B6.5B7.4B4.1B
Total Liab229.6B241.3B238.7B256.9B257.2B131.2B
Property Plant Equipment273.7B263.7B255.4B250.6B288.2B302.6B
Short Term Investments313M704M0.03.2B3.6B3.8B
Intangible Assets3.7B5.5B6.6B5.5B6.6B7.0B
Net Tangible Assets60.2B63.2B61.1B34.5B39.7B50.0B
Deferred Long Term Liab652M887M768M624M717.6M738.5M
Long Term Investments7.6B6.6B6.6B7.3B8.4B6.0B
Short Long Term Debt37.5B40.1B57.9B85.3B51.4B40.9B
Total Current Assets16.7B39.0B37.9B32.8B27.7B25.2B
Other Stockholder Equity406M242M159M261M300.2M290.1M
Non Current Assets Total290.2B287.4B285.3B278.8B281.5B279.6B
Non Currrent Assets Other1.2B2.9B2.2B2.3B1.2B1.6B
Non Current Liabilities Total134.1B145.6B127.7B115.4B127.8B123.7B
Capital Lease Obligations134.1B121.2B102.7B94.8B69.2B99.6B
Net Debt49.3B52.8B74.8B99.9B92.0B71.9B
Net Invested Capital115.3B147.8B164.1B161.1B138.7B148.5B
Net Working Capital(78.8B)(56.7B)(73.1B)(108.0B)(101.7B)(106.8B)

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Other Information on Investing in China Stock

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