Anhui Total Current Assets vs Selling General Administrative Analysis

600418 Stock   36.16  1.05  2.99%   
Anhui Jianghuai financial indicator trend analysis is way more than just evaluating Anhui Jianghuai Auto prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Jianghuai Auto is a good investment. Please check the relationship between Anhui Jianghuai Total Current Assets and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Jianghuai Automobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Current Assets vs Selling General Administrative

Total Current Assets vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Jianghuai Auto Total Current Assets account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Anhui Jianghuai's Total Current Assets and Selling General Administrative is -0.13. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Anhui Jianghuai Automobile, assuming nothing else is changed. The correlation between historical values of Anhui Jianghuai's Total Current Assets and Selling General Administrative 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 Anhui Jianghuai Automobile are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Assets i.e., Anhui Jianghuai's Total Current Assets and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Selling General Administrative

Most indicators from Anhui Jianghuai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Jianghuai Auto 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 Anhui Jianghuai Automobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 2.2 B, whereas Tax Provision is forecasted to decline to about 65.8 M.
 2021 2022 2023 2024 (projected)
Research Development1.4B1.5B1.6B1.6B
Minority Interest187.0M144.8M223.2M431.6M

Anhui Jianghuai fundamental ratios Correlations

0.410.980.970.850.870.720.940.710.630.530.691.00.890.920.940.150.950.740.54-0.140.650.560.470.730.59
0.410.350.450.580.17-0.060.460.330.06-0.190.670.40.370.360.35-0.360.420.1-0.15-0.040.270.33-0.310.260.55
0.980.350.90.840.940.760.910.580.70.50.580.990.870.860.940.130.970.640.47-0.050.530.520.480.620.5
0.970.450.90.820.740.660.930.760.540.530.760.940.870.940.90.150.880.820.56-0.190.710.60.460.810.64
0.850.580.840.820.750.520.890.480.710.190.70.840.870.660.77-0.040.890.460.060.210.310.660.190.440.57
0.870.170.940.740.750.80.760.350.720.440.330.890.710.730.850.110.880.470.370.010.260.310.550.350.23
0.72-0.060.760.660.520.80.60.550.430.830.210.730.540.670.670.540.70.70.6-0.310.390.050.780.48-0.03
0.940.460.910.930.890.760.60.650.670.420.770.930.940.830.90.160.950.70.380.050.630.720.30.740.65
0.710.330.580.760.480.350.550.650.130.650.740.680.620.740.590.360.570.830.69-0.540.870.350.370.880.57
0.630.060.70.540.710.720.430.670.130.120.340.640.780.40.63-0.150.70.24-0.040.60.060.720.310.210.42
0.53-0.190.50.530.190.440.830.420.650.120.190.520.360.630.50.720.450.770.77-0.510.650.00.720.66-0.03
0.690.670.580.760.70.330.210.770.740.340.190.660.690.640.62-0.030.670.540.21-0.070.660.670.00.690.77
1.00.40.990.940.840.890.730.930.680.640.520.660.880.90.940.140.960.70.53-0.130.620.540.460.70.58
0.890.370.870.870.870.710.540.940.620.780.360.690.880.720.80.040.870.670.310.180.580.820.330.710.72
0.920.360.860.940.660.730.670.830.740.40.630.640.90.720.930.270.820.780.7-0.360.740.40.470.790.5
0.940.350.940.90.770.850.670.90.590.630.50.620.940.80.930.20.920.610.51-0.070.580.520.350.650.53
0.15-0.360.130.15-0.040.110.540.160.36-0.150.72-0.030.140.040.270.20.190.460.49-0.420.38-0.220.370.36-0.34
0.950.420.970.880.890.880.70.950.570.70.450.670.960.870.820.920.190.590.340.040.520.580.350.60.5
0.740.10.640.820.460.470.70.70.830.240.770.540.70.670.780.610.460.590.79-0.460.80.360.680.90.39
0.54-0.150.470.560.060.370.60.380.69-0.040.770.210.530.310.70.510.490.340.79-0.710.76-0.020.610.750.22
-0.14-0.04-0.05-0.190.210.01-0.310.05-0.540.6-0.51-0.07-0.130.18-0.36-0.07-0.420.04-0.46-0.71-0.50.53-0.34-0.40.12
0.650.270.530.710.310.260.390.630.870.060.650.660.620.580.740.580.380.520.80.76-0.50.420.290.970.6
0.560.330.520.60.660.310.050.720.350.720.00.670.540.820.40.52-0.220.580.36-0.020.530.42-0.050.530.82
0.47-0.310.480.460.190.550.780.30.370.310.720.00.460.330.470.350.370.350.680.61-0.340.29-0.050.37-0.17
0.730.260.620.810.440.350.480.740.880.210.660.690.70.710.790.650.360.60.90.75-0.40.970.530.370.64
0.590.550.50.640.570.23-0.030.650.570.42-0.030.770.580.720.50.53-0.340.50.390.220.120.60.82-0.170.64
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Anhui Jianghuai Account Relationship Matchups

Anhui Jianghuai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.9B42.1B46.4B47.1B46.8B25.5B
Other Current Liab2.5B7.0B3.6B3.7B461.3M438.2M
Total Current Liabilities25.4B21.8B22.3B26.1B26.8B14.4B
Total Stockholder Equity13.0B13.1B15.2B13.6B13.2B7.9B
Retained Earnings5.7B5.9B6.0B4.4B2.8B3.2B
Accounts Payable13.7B10.6B12.9B15.9B18.3B9.6B
Cash8.2B7.1B10.4B12.7B15.3B16.1B
Other Assets2.7B2.5B2.2B1.9B2.2B1.3B
Long Term Debt3.0B4.9B6.7B5.6B4.3B4.5B
Net Receivables7.9B2.6B2.2B3.1B3.0B3.2B
Inventory2.8B1.9B2.6B3.4B4.7B5.0B
Other Current Assets2.2B2.7B2.9B1.7B1.0B1.1B
Total Liab30.2B28.2B30.5B33.0B32.3B17.2B
Intangible Assets4.1B3.3B3.0B2.6B2.3B1.5B
Property Plant Equipment12.9B11.4B11.2B12.6B14.5B8.0B
Short Term Investments675.8M291.9M921.5M20.0M1.8B1.9B
Other Liab1.7B1.6B1.5B1.3B1.5B1.0B
Net Tangible Assets10.0B10.5B12.8B11.5B13.2B11.3B
Other Stockholder Equity92.0M82.7M128.2M171.5M197.2M115.8M
Deferred Long Term Liab1.0B1.1B750.2M517.9M466.1M724.7M
Short Long Term Debt4.5B2.1B1.6B916.9M50.0M47.5M
Total Current Assets21.8B20.7B25.4B25.1B28.8B27.3B
Non Current Assets Total22.0B21.4B21.0B22.0B17.9B16.6B
Non Currrent Assets Other40.5M26.8M19.9M23.3M19.4M18.5M
Non Current Liabilities Total4.7B6.4B8.2B6.9B5.5B6.3B
Net Invested Capital20.4B20.0B23.5B20.1B17.6B16.3B
Net Working Capital(3.6B)(1.1B)3.1B(1.0B)2.1B2.2B

Currently Active Assets on Macroaxis

Other Information on Investing in Anhui Stock

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