Chongqing Total Stockholder Equity vs Accounts Payable Analysis

600132 Stock

60.53 2.67 4.22%

Chongqing Brewery financial indicator trend analysis is way more than just evaluating Chongqing Brewery prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chongqing Brewery is a good investment. Please check the relationship between Chongqing Brewery Total Stockholder Equity and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chongqing Brewery Co. 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.

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing Brewery Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Chongqing Brewery's Total Stockholder Equity and Accounts Payable is 0.49. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Chongqing Brewery Co, assuming nothing else is changed. The correlation between historical values of Chongqing Brewery's Total Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Chongqing Brewery Co are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., Chongqing Brewery's Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Chongqing Brewery obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Chongqing Brewery are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Chongqing Brewery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chongqing Brewery 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 Chongqing Brewery Co. 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 2.9 B, whereas Tax Provision is forecasted to decline to about 342.6 M.

	2021	2022	2023	2024 (projected)
Operating Income	2.9B	3.3B	3.3B	3.5B
Total Revenue	13.1B	14.0B	14.8B	15.6B

Operating Income Total Revenue

Chongqing Brewery fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.32	0.93	0.52	0.53	0.72	0.95	0.94	0.91	0.65	-0.21	0.9	0.85	0.99	0.85	0.35	0.92	0.54	-0.45	0.06	0.86	-0.5	0.8	0.94	0.61	0.23
Other Current Liab	0.32		0.5	0.3	0.6	0.24	0.36	0.45	0.47	0.28	0.47	0.42	0.49	0.33	0.26	0.21	0.38	0.39	-0.12	0.0	0.48	-0.22	0.64	0.4	-0.19	0.05
Total Current Liabilities	0.93	0.5		0.5	0.74	0.66	0.97	0.94	0.98	0.68	0.15	0.92	0.93	0.93	0.78	0.35	0.97	0.64	-0.38	0.03	0.98	-0.55	0.93	0.87	0.47	0.19
Total Stockholder Equity	0.52	0.3	0.5		0.46	0.86	0.49	0.5	0.39	0.39	0.02	0.66	0.53	0.44	0.32	0.57	0.56	0.14	0.35	0.09	0.38	-0.19	0.56	0.46	0.5	-0.5
Other Liab	0.53	0.6	0.74	0.46		0.49	0.64	0.61	0.72	0.74	0.6	0.64	0.74	0.52	0.47	0.66	0.71	0.73	-0.09	-0.22	0.75	-0.52	0.78	0.47	0.03	0.0
Retained Earnings	0.72	0.24	0.66	0.86	0.49		0.71	0.69	0.58	0.6	-0.05	0.79	0.7	0.64	0.6	0.51	0.71	0.32	0.25	0.02	0.55	-0.33	0.61	0.55	0.66	-0.41
Accounts Payable	0.95	0.36	0.97	0.49	0.64	0.71		0.97	0.95	0.66	0.04	0.87	0.95	0.94	0.83	0.28	0.94	0.64	-0.32	0.0	0.95	-0.58	0.9	0.88	0.62	0.15
Cash	0.94	0.45	0.94	0.5	0.61	0.69	0.97		0.93	0.64	-0.01	0.82	0.93	0.93	0.79	0.26	0.89	0.69	-0.32	-0.11	0.91	-0.62	0.89	0.9	0.55	0.11
Other Assets	0.91	0.47	0.98	0.39	0.72	0.58	0.95	0.93		0.67	0.15	0.83	0.92	0.91	0.8	0.27	0.92	0.72	-0.42	-0.02	0.98	-0.58	0.92	0.88	0.37	0.21
Long Term Debt	0.65	0.28	0.68	0.39	0.74	0.6	0.66	0.64	0.67		0.15	0.65	0.63	0.64	0.66	0.63	0.67	0.66	-0.16	-0.27	0.63	-0.49	0.58	0.51	0.25	0.03
Net Receivables	-0.21	0.47	0.15	0.02	0.6	-0.05	0.04	-0.01	0.15	0.15		0.04	0.26	-0.22	-0.2	0.07	0.12	0.32	0.34	-0.11	0.27	-0.18	0.35	-0.23	-0.33	-0.21
Inventory	0.9	0.42	0.92	0.66	0.64	0.79	0.87	0.82	0.83	0.65	0.04		0.81	0.86	0.73	0.48	0.95	0.36	-0.26	0.27	0.83	-0.35	0.8	0.78	0.61	0.13
Other Current Assets	0.85	0.49	0.93	0.53	0.74	0.7	0.95	0.93	0.92	0.63	0.26	0.81		0.83	0.7	0.29	0.89	0.74	-0.16	-0.01	0.94	-0.67	0.93	0.78	0.47	0.04
Total Liab	0.99	0.33	0.93	0.44	0.52	0.64	0.94	0.93	0.91	0.64	-0.22	0.86	0.83		0.87	0.34	0.9	0.56	-0.53	0.05	0.86	-0.51	0.78	0.95	0.55	0.31
Intangible Assets	0.85	0.26	0.78	0.32	0.47	0.6	0.83	0.79	0.8	0.66	-0.2	0.73	0.7	0.87		0.32	0.71	0.5	-0.41	0.07	0.75	-0.41	0.68	0.82	0.52	0.25
Common Stock	0.35	0.21	0.35	0.57	0.66	0.51	0.28	0.26	0.27	0.63	0.07	0.48	0.29	0.34	0.32		0.41	0.31	-0.03	-0.11	0.23	-0.21	0.27	0.25	0.06	-0.02
Property Plant Equipment	0.92	0.38	0.97	0.56	0.71	0.71	0.94	0.89	0.92	0.67	0.12	0.95	0.89	0.9	0.71	0.41		0.54	-0.34	0.1	0.93	-0.51	0.86	0.81	0.56	0.18
Short Term Investments	0.54	0.39	0.64	0.14	0.73	0.32	0.64	0.69	0.72	0.66	0.32	0.36	0.74	0.56	0.5	0.31	0.54		-0.21	-0.51	0.69	-0.83	0.66	0.52	-0.07	0.07
Net Tangible Assets	-0.45	-0.12	-0.38	0.35	-0.09	0.25	-0.32	-0.32	-0.42	-0.16	0.34	-0.26	-0.16	-0.53	-0.41	-0.03	-0.34	-0.21		-0.11	-0.38	0.16	-0.19	-0.54	0.03	-0.9
Other Stockholder Equity	0.06	0.0	0.03	0.09	-0.22	0.02	0.0	-0.11	-0.02	-0.27	-0.11	0.27	-0.01	0.05	0.07	-0.11	0.1	-0.51	-0.11		0.02	0.38	-0.01	0.07	0.28	0.33
Deferred Long Term Liab	0.86	0.48	0.98	0.38	0.75	0.55	0.95	0.91	0.98	0.63	0.27	0.83	0.94	0.86	0.75	0.23	0.93	0.69	-0.38	0.02		-0.57	0.94	0.83	0.42	0.22
Long Term Investments	-0.5	-0.22	-0.55	-0.19	-0.52	-0.33	-0.58	-0.62	-0.58	-0.49	-0.18	-0.35	-0.67	-0.51	-0.41	-0.21	-0.51	-0.83	0.16	0.38	-0.57		-0.56	-0.46	-0.09	-0.05
Total Current Assets	0.8	0.64	0.93	0.56	0.78	0.61	0.9	0.89	0.92	0.58	0.35	0.8	0.93	0.78	0.68	0.27	0.86	0.66	-0.19	-0.01	0.94	-0.56		0.82	0.37	0.02
Non Current Assets Total	0.94	0.4	0.87	0.46	0.47	0.55	0.88	0.9	0.88	0.51	-0.23	0.78	0.78	0.95	0.82	0.25	0.81	0.52	-0.54	0.07	0.83	-0.46	0.82		0.47	0.29
Non Currrent Assets Other	0.61	-0.19	0.47	0.5	0.03	0.66	0.62	0.55	0.37	0.25	-0.33	0.61	0.47	0.55	0.52	0.06	0.56	-0.07	0.03	0.28	0.42	-0.09	0.37	0.47		-0.06
Non Current Liabilities Total	0.23	0.05	0.19	-0.5	0.0	-0.41	0.15	0.11	0.21	0.03	-0.21	0.13	0.04	0.31	0.25	-0.02	0.18	0.07	-0.9	0.33	0.22	-0.05	0.02	0.29	-0.06

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Chongqing Brewery Account Relationship Matchups

Chongqing Brewery fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5B	9.6B	11.5B	12.5B	12.4B	13.0B
Other Current Liab	4.6B	2.9B	3.8B	5.4B	26.1M	24.8M
Total Current Liabilities	6.1B	6.9B	7.9B	8.3B	8.2B	8.6B
Total Stockholder Equity	1.4B	585.3M	1.8B	2.1B	2.1B	1.3B
Other Liab	751.5M	506.9M	505.2M	485.4M	558.2M	431.3M
Retained Earnings	800.0M	116.1M	1.3B	1.6B	1.4B	1.5B
Accounts Payable	1.2B	1.6B	1.8B	2.5B	2.6B	2.7B
Cash	1.3B	2.0B	2.4B	3.4B	2.7B	2.8B
Other Assets	659.4M	845.7M	1.1B	821.9M	945.2M	992.5M
Net Receivables	2.1B	114.5M	109.2M	65.5M	64.6M	61.4M
Inventory	1.4B	1.4B	1.9B	2.2B	2.1B	2.2B
Other Current Assets	127.8M	88.1M	128.6M	156.6M	146.5M	153.8M
Total Liab	2.0B	8.0B	8.4B	8.9B	8.7B	9.2B
Intangible Assets	245.8M	588.3M	615.1M	685.2M	677.1M	710.9M
Property Plant Equipment	3.4B	3.6B	3.9B	4.2B	4.8B	5.0B
Net Tangible Assets	1.1B	(702.2M)	440.3M	671.8M	604.6M	480.1M
Other Stockholder Equity	(16.9M)	(14.8M)	(13.8M)	(13.5M)	(12.2M)	(12.8M)
Total Current Assets	5.2B	3.7B	5.0B	5.8B	5.5B	3.8B
Non Current Assets Total	1.8B	5.9B	6.5B	6.7B	6.9B	4.6B
Non Currrent Assets Other	1.4M	5.0M	3.6M	89.5M	98.8M	103.8M
Non Current Liabilities Total	492.5M	1.1B	522.1M	563.3M	553.0M	670.8M
Net Invested Capital	1.4B	950.3M	1.8B	2.1B	2.1B	1.7B
Net Working Capital	206.9M	(3.3B)	(2.9B)	(2.5B)	(2.7B)	(2.6B)

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Other Information on Investing in Chongqing Stock

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

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Chongqing Total Stockholder Equity vs Accounts Payable Analysis

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Accounts Payable

Chongqing Brewery fundamental ratios Correlations

Chongqing Brewery Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chongqing Brewery fundamental ratios Accounts

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Other Information on Investing in Chongqing Stock

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Total Liab	+ 0.99	Total Assets
Other Assets	+ 0.98	Total Current Liabilities
Deferred Long Term Liab	+ 0.98	Total Current Liabilities
Deferred Long Term Liab	+ 0.98	Other Assets
Accounts Payable	+ 0.97	Total Current Liabilities
Property Plant Equipment	+ 0.97	Total Current Liabilities

Non Current Liabilities Total	- 0.9	Net Tangible Assets
Long Term Investments	- 0.83	Short Term Investments
Long Term Investments	- 0.67	Other Current Assets
Long Term Investments	- 0.62	Cash
Long Term Investments	- 0.58	Other Assets
Long Term Investments	- 0.58	Accounts Payable