China Change To Netincome vs Depreciation Analysis

600036 Stock

41.51 0.41 1.00%

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

Change To Netincome vs Depreciation

Change To Netincome vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Merchants Bank Change To Netincome account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between China Merchants' Change To Netincome and Depreciation is -0.65. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Depreciation in the same time period over historical financial statements of China Merchants Bank, assuming nothing else is changed. The correlation between historical values of China Merchants' Change To Netincome and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of China Merchants Bank are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Netincome i.e., China Merchants' Change To Netincome and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.65

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Change To Netincome

Depreciation

Depreciation indicates how much of China Merchants Bank value has been used up. For tax purposes China Merchants can deduct the cost of the tangible assets it purchases as business expenses. However, China Merchants Bank must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from China Merchants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Merchants Bank 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 Merchants Bank. 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 April 13, 2025, Selling General Administrative is expected to decline to about 32.8 B. In addition to that, Tax Provision is expected to decline to about 27.1 B

	2024	2025 (projected)
Operating Income	134.7B	95.5B
Total Revenue	334.9B	223.4B

Operating Income Total Revenue

China Merchants fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Total Liab	Common Stock	Property Plant Equipment	Short Term Investments	Good Will	Intangible Assets	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
Total Assets		0.85	0.76	0.96	0.92	0.39	0.86	0.8	1.0	0.75	0.87	-0.64	0.58	-0.52	0.88	0.9	0.92	-0.37	-0.6	0.91	0.74	0.78	0.73	0.89	0.84	0.89
Total Stockholder Equity	0.85		0.9	0.81	0.79	0.34	0.92	0.81	0.85	0.6	0.97	-0.7	0.76	-0.47	0.86	0.88	0.88	-0.65	-0.69	0.88	0.92	0.74	0.75	0.8	0.83	0.8
Other Liab	0.76	0.9		0.71	0.78	0.4	0.71	0.57	0.75	0.57	0.85	-0.39	0.68	-0.16	0.69	0.84	0.82	-0.41	-0.77	0.83	0.92	0.8	0.78	0.72	0.82	0.72
Retained Earnings	0.96	0.81	0.71		0.9	0.53	0.87	0.84	0.96	0.73	0.88	-0.68	0.51	-0.47	0.88	0.83	0.9	-0.39	-0.54	0.86	0.68	0.74	0.6	0.9	0.77	0.9
Accounts Payable	0.92	0.79	0.78	0.9		0.42	0.74	0.68	0.92	0.83	0.8	-0.44	0.53	-0.36	0.77	0.82	0.84	-0.29	-0.6	0.82	0.71	0.75	0.67	0.81	0.78	0.81
Cash	0.39	0.34	0.4	0.53	0.42		0.4	0.33	0.39	0.2	0.42	-0.34	0.08	-0.14	0.45	0.39	0.49	-0.07	-0.38	0.48	0.45	0.42	0.26	0.42	0.46	0.42
Other Assets	0.86	0.92	0.71	0.87	0.74	0.4		0.93	0.86	0.59	0.96	-0.86	0.63	-0.65	0.88	0.8	0.84	-0.69	-0.52	0.82	0.78	0.64	0.58	0.81	0.73	0.81
Long Term Debt	0.8	0.81	0.57	0.84	0.68	0.33	0.93		0.8	0.66	0.86	-0.76	0.56	-0.63	0.84	0.62	0.69	-0.77	-0.28	0.67	0.57	0.4	0.39	0.67	0.54	0.67
Total Liab	1.0	0.85	0.75	0.96	0.92	0.39	0.86	0.8		0.76	0.87	-0.63	0.58	-0.53	0.88	0.89	0.92	-0.37	-0.59	0.9	0.74	0.78	0.72	0.88	0.83	0.88
Common Stock	0.75	0.6	0.57	0.73	0.83	0.2	0.59	0.66	0.76		0.6	-0.17	0.59	-0.47	0.55	0.49	0.51	-0.38	-0.24	0.51	0.37	0.37	0.36	0.49	0.46	0.49
Property Plant Equipment	0.87	0.97	0.85	0.88	0.8	0.42	0.96	0.86	0.87	0.6		-0.77	0.67	-0.45	0.89	0.87	0.89	-0.65	-0.63	0.88	0.87	0.75	0.65	0.87	0.79	0.87
Short Term Investments	-0.64	-0.7	-0.39	-0.68	-0.44	-0.34	-0.86	-0.76	-0.63	-0.17	-0.77		-0.38	0.55	-0.79	-0.67	-0.72	0.57	0.42	-0.68	-0.61	-0.54	-0.45	-0.73	-0.58	-0.73
Good Will	0.58	0.76	0.68	0.51	0.53	0.08	0.63	0.56	0.58	0.59	0.67	-0.38		-0.41	0.59	0.64	0.58	-0.66	-0.48	0.64	0.65	0.49	0.6	0.49	0.65	0.49
Intangible Assets	-0.52	-0.47	-0.16	-0.47	-0.36	-0.14	-0.65	-0.63	-0.53	-0.47	-0.45	0.55	-0.41		-0.39	-0.34	-0.34	0.45	0.02	-0.41	-0.3	-0.15	-0.24	-0.28	-0.32	-0.28
Other Current Liab	0.88	0.86	0.69	0.88	0.77	0.45	0.88	0.84	0.88	0.55	0.89	-0.79	0.59	-0.39		0.87	0.9	-0.57	-0.6	0.86	0.74	0.68	0.66	0.85	0.8	0.85
Total Current Liabilities	0.9	0.88	0.84	0.83	0.82	0.39	0.8	0.62	0.89	0.49	0.87	-0.67	0.64	-0.34	0.87		0.98	-0.32	-0.8	0.98	0.91	0.93	0.89	0.91	0.96	0.91
Net Tangible Assets	0.92	0.88	0.82	0.9	0.84	0.49	0.84	0.69	0.92	0.51	0.89	-0.72	0.58	-0.34	0.9	0.98		-0.33	-0.77	0.98	0.88	0.92	0.83	0.95	0.94	0.95
Net Receivables	-0.37	-0.65	-0.41	-0.39	-0.29	-0.07	-0.69	-0.77	-0.37	-0.38	-0.65	0.57	-0.66	0.45	-0.57	-0.32	-0.33		0.04	-0.37	-0.41	-0.06	-0.14	-0.29	-0.24	-0.29
Inventory	-0.6	-0.69	-0.77	-0.54	-0.6	-0.38	-0.52	-0.28	-0.59	-0.24	-0.63	0.42	-0.48	0.02	-0.6	-0.8	-0.77	0.04		-0.71	-0.84	-0.83	-0.89	-0.66	-0.87	-0.66
Other Current Assets	0.91	0.88	0.83	0.86	0.82	0.48	0.82	0.67	0.9	0.51	0.88	-0.68	0.64	-0.41	0.86	0.98	0.98	-0.37	-0.71		0.9	0.9	0.83	0.9	0.93	0.9
Other Stockholder Equity	0.74	0.92	0.92	0.68	0.71	0.45	0.78	0.57	0.74	0.37	0.87	-0.61	0.65	-0.3	0.74	0.91	0.88	-0.41	-0.84	0.9		0.85	0.86	0.76	0.9	0.76
Deferred Long Term Liab	0.78	0.74	0.8	0.74	0.75	0.42	0.64	0.4	0.78	0.37	0.75	-0.54	0.49	-0.15	0.68	0.93	0.92	-0.06	-0.83	0.9	0.85		0.82	0.9	0.9	0.9
Long Term Investments	0.73	0.75	0.78	0.6	0.67	0.26	0.58	0.39	0.72	0.36	0.65	-0.45	0.6	-0.24	0.66	0.89	0.83	-0.14	-0.89	0.83	0.86	0.82		0.66	0.92	0.66
Short Long Term Debt	0.89	0.8	0.72	0.9	0.81	0.42	0.81	0.67	0.88	0.49	0.87	-0.73	0.49	-0.28	0.85	0.91	0.95	-0.29	-0.66	0.9	0.76	0.9	0.66		0.84	1.0
Total Current Assets	0.84	0.83	0.82	0.77	0.78	0.46	0.73	0.54	0.83	0.46	0.79	-0.58	0.65	-0.32	0.8	0.96	0.94	-0.24	-0.87	0.93	0.9	0.9	0.92	0.84		0.84
Short Term Debt	0.89	0.8	0.72	0.9	0.81	0.42	0.81	0.67	0.88	0.49	0.87	-0.73	0.49	-0.28	0.85	0.91	0.95	-0.29	-0.66	0.9	0.76	0.9	0.66	1.0	0.84

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China Merchants Account Relationship Matchups

China Merchants fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.4T	9.2T	10.1T	11.0T	12.2T	6.1T
Total Stockholder Equity	723.8B	858.7B	945.5B	1.1T	1.2T	1.3T
Other Liab	64.2B	71.4B	132.9B	157.9B	181.6B	190.7B
Retained Earnings	539.5B	626.0B	493.0B	568.4B	634.1B	319.8B
Accounts Payable	4.9T	5.4T	6.3T	7.1T	8.2T	5.1T
Cash	876.7B	8.0T	960.9B	1.1T	1.2T	976.4B
Other Assets	3.8T	4.2T	4.7T	5.2T	6.0T	6.3T
Total Liab	7.6T	8.4T	9.2T	9.9T	10.9T	5.6T
Property Plant Equipment	55.4B	80.1B	82.3B	92.7B	106.6B	111.9B
Intangible Assets	9.7B	8.8B	8.0B	7.1B	6.4B	7.6B
Other Current Liab	76.5B	74.8B	61.4B	85.3B	98.1B	71.7B
Total Current Liabilities	6.0T	6.9T	7.8T	8.6T	9.9T	6.8T
Net Tangible Assets	486.9B	557.6B	670.0B	805.9B	926.8B	579.1B
Inventory	597M	768M	612M	513M	461.7M	561.5M
Other Current Assets	619.4B	727.1B	836.6B	949.6B	1.1T	802.4B
Other Stockholder Equity	6.7B	10.4B	57.4B	105.9B	121.8B	127.9B
Deferred Long Term Liab	882M	1.3B	1.8B	1.9B	2.1B	1.3B
Long Term Investments	2.1T	2.2T	2.8T	3.2T	3.7T	2.2T
Total Current Assets	1.5T	1.4T	1.6T	1.9T	2.1T	1.6T
Net Invested Capital	1.2T	1.4T	1.3T	1.5T	1.7T	1.5T
Property Plant And Equipment Net	82.3B	92.7B	111.8B	126.9B	140.5B	116.3B
Property Plant And Equipment Gross	118.9B	134.4B	161.4B	181.9B	140.5B	155.6B

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Other Information on Investing in China Stock

Balance Sheet is a snapshot of the financial position of China Merchants Bank at a specified time, usually calculated after every quarter, six months, or one year. China Merchants Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Merchants 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 Change To Netincome vs Depreciation Analysis

Change To Netincome vs Depreciation

Change To Netincome vs Depreciation Correlation Analysis

Correlation Coefficient

Change To Netincome

Depreciation

China Merchants fundamental ratios Correlations

China Merchants Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Merchants fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

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MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Short Term Debt	+ 1.0	Short Long Term Debt
Net Tangible Assets	+ 0.98	Total Current Liabilities
Other Current Assets	+ 0.98	Total Current Liabilities
Other Current Assets	+ 0.98	Net Tangible Assets
Property Plant Equipment	+ 0.97	Total Stockholder Equity

Long Term Investments	- 0.89	Inventory
Total Current Assets	- 0.87	Inventory
Short Term Investments	- 0.86	Other Assets
Other Stockholder Equity	- 0.84	Inventory
Deferred Long Term Liab	- 0.83	Inventory
Inventory	- 0.8	Total Current Liabilities