China Non Current Liabilities Total vs Total Cash From Operating Activities Analysis

600158 Stock   8.14  0.09  1.12%   
China Sports financial indicator trend analysis is way more than just evaluating China Sports Industry prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Sports Industry is a good investment. Please check the relationship between China Sports Non Current Liabilities Total and its Total Cash From Operating Activities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Sports Industry. 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.

Non Current Liabilities Total vs Total Cash From Operating Activities

Non Current Liabilities Total vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Sports Industry Non Current Liabilities Total account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between China Sports' Non Current Liabilities Total and Total Cash From Operating Activities is -0.22. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of China Sports Industry, assuming nothing else is changed. The correlation between historical values of China Sports' Non Current Liabilities Total and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of China Sports Industry are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Non Current Liabilities Total i.e., China Sports' Non Current Liabilities Total and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Total Cash From Operating Activities

Most indicators from China Sports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Sports Industry 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 Sports Industry. 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 Tax Provision is expected to grow to about 256.3 M, whereas Selling General Administrative is forecasted to decline to about 92.9 M.
 2021 2022 2023 2024 (projected)
Income Tax Expense37.3M20.6M23.7M22.5M
Net Income54.9M11.6M71.9M75.1M

China Sports fundamental ratios Correlations

0.94-0.30.80.40.820.680.290.91-0.250.820.480.210.06-0.40.340.610.77-0.580.77-0.190.680.76-0.630.79-0.63
0.94-0.450.860.390.790.670.160.72-0.360.750.580.31-0.01-0.380.230.40.85-0.660.79-0.160.670.84-0.720.73-0.72
-0.3-0.45-0.55-0.38-0.38-0.290.09-0.130.760.0-0.450.170.210.14-0.11-0.22-0.50.27-0.520.24-0.51-0.630.72-0.370.72
0.80.86-0.550.360.850.850.110.62-0.430.610.580.3-0.06-0.170.130.410.91-0.580.85-0.470.760.85-0.830.78-0.83
0.40.39-0.380.360.10.240.640.43-0.30.6-0.27-0.020.38-0.13-0.040.080.190.130.08-0.050.310.45-0.420.04-0.41
0.820.79-0.380.850.10.83-0.10.67-0.30.490.670.15-0.21-0.410.130.630.85-0.750.83-0.60.680.72-0.650.89-0.68
0.680.67-0.290.850.240.83-0.090.55-0.170.490.520.18-0.12-0.160.030.50.83-0.410.69-0.580.760.78-0.680.76-0.69
0.290.160.090.110.64-0.1-0.090.50.050.67-0.610.210.68-0.180.12-0.01-0.190.18-0.080.15-0.04-0.05-0.06-0.16-0.05
0.910.72-0.130.620.430.670.550.5-0.150.80.230.030.17-0.310.460.750.54-0.310.62-0.160.620.56-0.480.71-0.47
-0.25-0.360.76-0.43-0.3-0.3-0.170.05-0.15-0.06-0.320.240.57-0.08-0.09-0.13-0.410.18-0.420.14-0.44-0.560.65-0.250.64
0.820.750.00.610.60.490.490.670.8-0.06-0.010.370.4-0.310.080.240.49-0.30.39-0.070.420.51-0.440.4-0.43
0.480.58-0.450.58-0.270.670.52-0.610.23-0.32-0.010.06-0.520.010.210.460.8-0.530.71-0.250.620.61-0.440.79-0.44
0.210.310.170.3-0.020.150.180.210.030.240.370.060.33-0.2-0.13-0.420.17-0.340.190.07-0.1-0.020.08-0.020.07
0.06-0.010.21-0.060.38-0.21-0.120.680.170.570.4-0.520.33-0.28-0.1-0.15-0.270.14-0.260.08-0.23-0.270.19-0.240.19
-0.4-0.380.14-0.17-0.13-0.41-0.16-0.18-0.31-0.08-0.310.01-0.2-0.280.08-0.14-0.070.59-0.20.230.05-0.10.09-0.120.14
0.340.23-0.110.13-0.040.130.030.120.46-0.090.080.21-0.13-0.10.080.510.07-0.090.540.510.190.22-0.190.32-0.16
0.610.4-0.220.410.080.630.5-0.010.75-0.130.240.46-0.42-0.15-0.140.510.47-0.180.57-0.330.650.45-0.370.81-0.37
0.770.85-0.50.910.190.850.83-0.190.54-0.410.490.80.17-0.27-0.070.070.47-0.560.8-0.440.820.88-0.750.87-0.75
-0.58-0.660.27-0.580.13-0.75-0.410.18-0.310.18-0.3-0.53-0.340.140.59-0.09-0.18-0.56-0.670.28-0.15-0.40.38-0.510.42
0.770.79-0.520.850.080.830.69-0.080.62-0.420.390.710.19-0.26-0.20.540.570.8-0.67-0.210.670.78-0.740.81-0.75
-0.19-0.160.24-0.47-0.05-0.6-0.580.15-0.160.14-0.07-0.250.070.080.230.51-0.33-0.440.28-0.21-0.41-0.260.32-0.460.38
0.680.67-0.510.760.310.680.76-0.040.62-0.440.420.62-0.1-0.230.050.190.650.82-0.150.67-0.410.85-0.790.8-0.77
0.760.84-0.630.850.450.720.78-0.050.56-0.560.510.61-0.02-0.27-0.10.220.450.88-0.40.78-0.260.85-0.910.71-0.9
-0.63-0.720.72-0.83-0.42-0.65-0.68-0.06-0.480.65-0.44-0.440.080.190.09-0.19-0.37-0.750.38-0.740.32-0.79-0.91-0.581.0
0.790.73-0.370.780.040.890.76-0.160.71-0.250.40.79-0.02-0.24-0.120.320.810.87-0.510.81-0.460.80.71-0.58-0.58
-0.63-0.720.72-0.83-0.41-0.68-0.69-0.05-0.470.64-0.43-0.440.070.190.14-0.16-0.37-0.750.42-0.750.38-0.77-0.91.0-0.58
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China Sports Account Relationship Matchups

China Sports fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B5.3B5.6B7.2B6.6B3.9B
Total Stockholder Equity1.8B2.5B2.5B2.5B2.6B1.6B
Other Liab7.3M25.3M38.8M34.7M31.3M29.7M
Retained Earnings1.4B1.4B1.5B1.5B1.4B1.5B
Accounts Payable483.2M457.1M376.9M325.6M554.6M365.5M
Cash822.6M2.0B1.9B2.8B2.4B2.5B
Other Assets543.3M494.4M509.0M542.8M624.2M655.5M
Inventory1.8B1.5B1.6B1.9B1.6B1.6B
Total Liab2.0B1.9B2.0B3.8B3.0B1.9B
Intangible Assets13.3M19.8M19.9M29.3M22.8M29.5M
Property Plant Equipment307.2M303.7M415.3M454.9M409.4M245.2M
Long Term Debt222M284.0M507.1M161.3M120M227.8M
Short Term Investments75M45M300M30.4M34.9M33.2M
Other Current Liab1.3B912.7M893.4M3.0B51.0M48.5M
Total Current Liabilities2.0B1.6B1.4B3.6B2.7B2.3B
Net Tangible Assets2.4B2.4B2.5B2.5B2.8B2.2B
Net Receivables487.6M129.9M223.5M213.7M318.8M260.1M
Other Current Assets154.8M196.0M227.1M331.6M121.6M162.9M
Deferred Long Term Liab35.4M17.4M32.0M35.2M40.5M28.3M
Short Long Term Debt22.3M30M15.0M36.6M27M46.3M
Total Current Assets4.4B4.2B4.3B5.8B5.3B4.6B
Non Current Assets Total806.3M1.2B1.3B1.4B1.4B1.0B
Non Currrent Assets Other430.5M736.8M20.2M(11.0K)(9.9K)(9.4K)
Non Current Liabilities Total226.7M309.3M591.8M270.3M259.6M284.2M
Non Current Liabilities Other222M18.1M24.2M23.0M51.6M73.2M
Net Invested Capital2.0B2.8B3.0B2.7B2.7B2.7B
Net Working Capital1.5B2.6B2.8B2.3B2.6B2.3B

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Other Information on Investing in China Stock

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