Guangxi Total Current Assets vs Total Stockholder Equity Analysis

600368 Stock   3.89  0.03  0.78%   
Guangxi Wuzhou financial indicator trend analysis is much more than just examining Guangxi Wuzhou Commu latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangxi Wuzhou Commu is a good investment. Please check the relationship between Guangxi Wuzhou Total Current Assets and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangxi Wuzhou Communications. 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 Current Assets vs Total Stockholder Equity

Total Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangxi Wuzhou Commu Total Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Guangxi Wuzhou's Total Current Assets and Total Stockholder Equity is -0.91. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Guangxi Wuzhou Communications, assuming nothing else is changed. The correlation between historical values of Guangxi Wuzhou's Total Current Assets and Total 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 Total Current Assets of Guangxi Wuzhou Communications are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Assets i.e., Guangxi Wuzhou's Total Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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.
Most indicators from Guangxi Wuzhou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangxi Wuzhou Commu 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 Guangxi Wuzhou Communications. 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 December 2, 2024, Selling General Administrative is expected to decline to about 41.9 M. In addition to that, Tax Provision is expected to decline to about 95.2 M
 2021 2022 2023 2024 (projected)
Cost Of Revenue865.1M815.7M652.4M952.0M
Total Revenue1.8B1.7B1.6B1.6B

Guangxi Wuzhou fundamental ratios Correlations

0.420.70.080.240.040.410.00.63-0.030.670.90.350.910.180.240.380.78-0.03-0.140.140.040.090.150.08-0.17
0.420.34-0.270.87-0.40.790.290.29-0.750.20.52-0.30.610.34-0.470.190.330.76-0.40.530.670.630.530.65-0.17
0.70.34-0.240.25-0.270.220.060.87-0.150.650.79-0.040.630.03-0.020.340.50.11-0.450.470.470.490.480.48-0.3
0.08-0.27-0.24-0.460.98-0.33-0.03-0.470.7-0.33-0.290.71-0.03-0.180.82-0.15-0.37-0.660.86-0.87-0.67-0.76-0.91-0.750.7
0.240.870.25-0.46-0.590.90.40.27-0.80.080.4-0.470.50.42-0.7-0.160.230.79-0.510.630.720.730.630.73-0.28
0.04-0.4-0.270.98-0.59-0.44-0.14-0.480.77-0.33-0.330.74-0.1-0.210.86-0.11-0.35-0.740.88-0.92-0.75-0.83-0.93-0.820.65
0.410.790.22-0.330.9-0.440.50.23-0.630.270.5-0.220.570.47-0.46-0.20.40.61-0.420.480.480.490.480.49-0.24
0.00.290.06-0.030.4-0.140.5-0.01-0.2-0.050.0-0.02-0.020.19-0.03-0.46-0.130.21-0.030.070.190.190.050.180.05
0.630.290.87-0.470.27-0.480.23-0.01-0.270.710.81-0.280.580.0-0.210.370.650.22-0.630.680.520.570.640.57-0.39
-0.03-0.75-0.150.7-0.80.77-0.63-0.2-0.27-0.03-0.290.63-0.19-0.40.85-0.26-0.23-0.990.62-0.76-0.85-0.87-0.77-0.870.4
0.670.20.65-0.330.08-0.330.27-0.050.71-0.030.82-0.030.6-0.120.070.390.86-0.02-0.580.460.110.150.460.15-0.37
0.90.520.79-0.290.4-0.330.50.00.81-0.290.82-0.060.850.21-0.070.450.890.23-0.560.520.340.380.540.38-0.36
0.35-0.3-0.040.71-0.470.74-0.22-0.02-0.280.63-0.03-0.060.150.00.79-0.04-0.01-0.660.77-0.8-0.73-0.68-0.73-0.690.22
0.910.610.63-0.030.5-0.10.57-0.020.58-0.190.60.850.150.14-0.020.260.720.14-0.250.270.170.220.270.22-0.24
0.180.340.03-0.180.42-0.210.470.190.0-0.4-0.120.210.00.14-0.2-0.070.170.38-0.130.140.250.280.270.26-0.19
0.24-0.47-0.020.82-0.70.86-0.46-0.03-0.210.850.07-0.070.79-0.02-0.20.0-0.05-0.840.67-0.79-0.78-0.82-0.78-0.820.43
0.380.190.34-0.15-0.16-0.11-0.2-0.460.37-0.260.390.45-0.040.26-0.070.00.490.24-0.240.240.190.20.240.2-0.19
0.780.330.5-0.370.23-0.350.4-0.130.65-0.230.860.89-0.010.720.17-0.050.490.15-0.540.440.10.190.470.18-0.44
-0.030.760.11-0.660.79-0.740.610.210.22-0.99-0.020.23-0.660.140.38-0.840.240.15-0.60.750.850.860.740.86-0.33
-0.14-0.4-0.450.86-0.510.88-0.42-0.03-0.630.62-0.58-0.560.77-0.25-0.130.67-0.24-0.54-0.6-0.94-0.69-0.72-0.94-0.710.56
0.140.530.47-0.870.63-0.920.480.070.68-0.760.460.52-0.80.270.14-0.790.240.440.75-0.940.860.880.970.89-0.5
0.040.670.47-0.670.72-0.750.480.190.52-0.850.110.34-0.730.170.25-0.780.190.10.85-0.690.860.970.840.98-0.3
0.090.630.49-0.760.73-0.830.490.190.57-0.870.150.38-0.680.220.28-0.820.20.190.86-0.720.880.970.881.0-0.42
0.150.530.48-0.910.63-0.930.480.050.64-0.770.460.54-0.730.270.27-0.780.240.470.74-0.940.970.840.880.88-0.63
0.080.650.48-0.750.73-0.820.490.180.57-0.870.150.38-0.690.220.26-0.820.20.180.86-0.710.890.981.00.88-0.41
-0.17-0.17-0.30.7-0.280.65-0.240.05-0.390.4-0.37-0.360.22-0.24-0.190.43-0.19-0.44-0.330.56-0.5-0.3-0.42-0.63-0.41
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Guangxi Wuzhou Account Relationship Matchups

Guangxi Wuzhou fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.9B10.5B9.6B9.8B9.5B8.0B
Other Current Liab309.2M167.4M149.4M126.3M367.2M325.8M
Total Current Liabilities1.4B1.3B1.3B1.6B1.1B1.5B
Total Stockholder Equity4.3B4.8B5.3B5.7B6.3B6.6B
Other Liab55.8M59.1M51.1M41.0M36.9M35.1M
Retained Earnings2.7B3.2B3.7B3.5B4.0B4.2B
Accounts Payable222.8M50.7M56.1M55.6M53.4M50.7M
Cash610.5M497.2M548.9M936.8M719.7M677.6M
Net Receivables187.3M135.2M95.3M86.9M75.5M71.7M
Inventory2.0B339.2M278.7M304.3M523.8M904.0M
Total Liab6.7B5.7B4.4B4.2B3.2B4.8B
Property Plant Equipment5.8B5.7B5.4B5.1B5.8B4.5B
Other Current Assets117.0M1.7B46.8M65.8M75.0M71.3M
Other Assets1.1B1.0B987.8M982.6M1.1B1.2B
Intangible Assets37.6M37.6M36.2M34.6M59.6M56.7M
Long Term Debt5.2B3.6B2.4B1.9B1.5B1.5B
Net Tangible Assets3.4B4.3B4.8B5.3B6.1B4.2B
Deferred Long Term Liab19.4M18.2M13.1M11.0M9.9M17.1M
Short Long Term Debt410M555M400M600.0M120.0M114.0M
Total Current Assets2.9B2.8B2.2B1.5B1.6B2.3B
Non Current Assets Total8.1B7.7B7.4B8.3B7.9B8.4B
Non Currrent Assets Other213.5M221.1M229.5M198.9M100.1M186.3M
Non Current Liabilities Total5.2B4.4B3.1B2.6B2.1B3.5B
Non Current Liabilities Other14.9M8.3M659.5M7.2M(103.6M)(98.4M)
Net Debt4.1B3.7B2.2B1.6B927.3M881.0M
Net Invested Capital9.0B9.0B8.1B8.2B8.0B6.7B
Net Working Capital1.5B1.5B918.8M(44.0M)424.6M788.6M

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Other Information on Investing in Guangxi Stock

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