Gree Property Plant Equipment vs Inventory Analysis

600185 Stock   7.66  0.42  5.20%   
Gree Real financial indicator trend analysis is much more than just examining Gree Real Estate latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gree Real Estate is a good investment. Please check the relationship between Gree Real Property Plant Equipment and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gree Real Estate. 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.

Property Plant Equipment vs Inventory

Property Plant Equipment vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gree Real Estate Property Plant Equipment account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gree Real's Property Plant Equipment and Inventory is 0.57. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Inventory in the same time period over historical financial statements of Gree Real Estate, assuming nothing else is changed. The correlation between historical values of Gree Real's Property Plant Equipment and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Gree Real Estate are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Property Plant Equipment i.e., Gree Real's Property Plant Equipment and Inventory go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Inventory

Most indicators from Gree Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gree Real Estate 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 Gree Real Estate. 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 285.4 M, whereas Tax Provision is projected to grow to (26.4 M).
 2021 2023 2024 (projected)
Minority Interest5.9M1.4M1.4M
Income Tax Expense146.2M168.1M97.4M

Gree Real fundamental ratios Correlations

0.95-0.470.910.250.620.650.90.70.990.990.770.570.120.560.370.270.780.520.30.760.640.79-0.690.72-0.79
0.95-0.550.940.250.60.580.930.570.950.910.820.480.10.70.380.10.870.430.260.750.540.8-0.80.77-0.85
-0.47-0.55-0.43-0.3-0.29-0.51-0.52-0.27-0.43-0.43-0.640.31-0.44-0.65-0.04-0.19-0.66-0.26-0.43-0.61-0.4-0.620.42-0.570.7
0.910.94-0.430.130.630.480.90.580.920.880.670.560.00.550.540.040.780.480.110.60.480.66-0.770.76-0.69
0.250.25-0.30.13-0.150.470.03-0.160.230.240.47-0.060.650.26-0.530.450.37-0.030.570.550.450.390.230.11-0.46
0.620.6-0.290.63-0.150.050.550.350.660.610.410.57-0.390.410.470.00.360.09-0.170.140.00.17-0.640.47-0.36
0.650.58-0.510.480.470.050.590.650.570.650.79-0.090.680.3-0.050.50.760.660.860.930.850.82-0.180.7-0.81
0.90.93-0.520.90.030.550.590.650.890.860.740.45-0.050.680.4-0.10.810.530.250.690.430.77-0.820.76-0.76
0.70.57-0.270.58-0.160.350.650.650.660.730.490.280.140.010.540.370.50.650.350.590.680.59-0.460.65-0.51
0.990.95-0.430.920.230.660.570.890.660.980.750.630.030.570.370.20.750.450.240.70.560.75-0.710.69-0.75
0.990.91-0.430.880.240.610.650.860.730.980.740.590.130.490.350.330.720.540.310.750.660.76-0.640.69-0.75
0.770.82-0.640.670.470.410.790.740.490.750.740.090.410.690.040.290.950.370.680.880.610.87-0.510.8-0.99
0.570.480.310.56-0.060.57-0.090.450.280.630.590.09-0.540.140.34-0.10.070.09-0.390.03-0.010.1-0.480.1-0.05
0.120.1-0.440.00.65-0.390.68-0.050.140.030.130.41-0.54-0.02-0.290.710.390.310.720.620.750.470.30.29-0.46
0.560.7-0.650.550.260.410.30.680.010.570.490.690.14-0.02-0.09-0.260.690.120.220.510.060.62-0.630.45-0.69
0.370.38-0.040.54-0.530.47-0.050.40.540.370.350.040.34-0.29-0.09-0.020.230.35-0.37-0.040.180.0-0.560.46-0.07
0.270.1-0.190.040.450.00.5-0.10.370.20.330.29-0.10.71-0.26-0.020.170.360.450.440.750.280.230.28-0.31
0.780.87-0.660.780.370.360.760.810.50.750.720.950.070.390.690.230.170.470.580.860.630.86-0.610.87-0.96
0.520.43-0.260.48-0.030.090.660.530.650.450.540.370.090.310.120.350.360.470.330.540.640.5-0.340.68-0.43
0.30.26-0.430.110.57-0.170.860.250.350.240.310.68-0.390.720.22-0.370.450.580.330.750.660.630.20.42-0.65
0.760.75-0.610.60.550.140.930.690.590.70.750.880.030.620.51-0.040.440.860.540.750.820.92-0.370.69-0.92
0.640.54-0.40.480.450.00.850.430.680.560.660.61-0.010.750.060.180.750.630.640.660.820.72-0.110.6-0.66
0.790.8-0.620.660.390.170.820.770.590.750.760.870.10.470.620.00.280.860.50.630.920.72-0.510.69-0.91
-0.69-0.80.42-0.770.23-0.64-0.18-0.82-0.46-0.71-0.64-0.51-0.480.3-0.63-0.560.23-0.61-0.340.2-0.37-0.11-0.51-0.650.56
0.720.77-0.570.760.110.470.70.760.650.690.690.80.10.290.450.460.280.870.680.420.690.60.69-0.65-0.82
-0.79-0.850.7-0.69-0.46-0.36-0.81-0.76-0.51-0.75-0.75-0.99-0.05-0.46-0.69-0.07-0.31-0.96-0.43-0.65-0.92-0.66-0.910.56-0.82
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Gree Real Account Relationship Matchups

Gree Real fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.7B37.5B32.8B30.3B26.3B15.9B
Total Stockholder Equity7.9B8.4B8.9B6.3B5.6B3.8B
Other Liab377.4M439.1M1.2B349.4M401.8M381.7M
Retained Earnings5.0B5.5B6.0B3.2B2.1B2.3B
Accounts Payable34.9M115.3M2.0B2.0B1.7B1.8B
Cash3.0B3.0B1.5B2.2B1.1B1.5B
Other Assets3.0B4.1B4.3B3.9B4.5B4.7B
Long Term Debt15.0B12.7B11.1B6.9B7.0B5.2B
Inventory23.8B25.7B23.4B21.2B18.5B11.5B
Total Liab24.8B29.0B23.9B23.9B20.8B12.1B
Common Stock2.1B2.1B2.1B1.9B2.2B2.3B
Intangible Assets1.8M46.8M83.4M83.4M82.2M86.3M
Property Plant Equipment2.1B712.2M710.0M810.2M931.8M856.4M
Other Current Liab4.1B6.2B3.6B112.6M384.4M365.2M
Total Current Liabilities8.7B15.1B11.6B16.6B13.7B12.3B
Net Tangible Assets7.9B8.4B8.9B6.3B7.2B8.1B
Net Receivables318.3M618.8M289.6M336.8M175.9M310.7M
Other Current Assets295.1M250.3M266.8M289.3M603.7M633.9M
Other Stockholder Equity605.9M610.4M745.2M744.8M856.5M484.4M
Deferred Long Term Liab49.8M128.0M110.1M88.3M101.5M56.7M
Short Long Term Debt75.8M454.9M1.3B1.5B2.8B2.9B
Total Current Assets27.4B29.9B25.6B24.1B20.5B27.0B
Non Current Assets Total5.3B7.6B7.2B6.1B5.8B5.8B
Non Currrent Assets Other2.7B5.5B106.1M217.5M195.7M185.9M
Non Current Liabilities Total16.1B14.0B12.3B7.3B7.1B9.2B
Non Current Liabilities Other807.5M785M840.0M10.0M9.0M8.6M
Net Debt12.0B10.1B10.9B6.2B8.6B7.8B
Net Invested Capital22.8B21.6B21.3B14.7B15.3B15.7B
Net Working Capital18.7B14.8B13.9B7.5B6.8B11.0B

Currently Active Assets on Macroaxis

Other Information on Investing in Gree Stock

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