Anhui Cash vs Common Stock Analysis

600585 Stock   25.66  0.01  0.04%   
Anhui Conch financial indicator trend analysis is way more than just evaluating Anhui Conch Cement prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Conch Cement is a good investment. Please check the relationship between Anhui Conch Cash and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Conch Cement. 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.

Cash vs Common Stock

Cash vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Conch Cement Cash account and Common Stock. At this time, the significance of the direction appears to have very week relationship.
The correlation between Anhui Conch's Cash and Common Stock is 0.28. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock in the same time period over historical financial statements of Anhui Conch Cement, assuming nothing else is changed. The correlation between historical values of Anhui Conch's Cash and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Anhui Conch Cement are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash i.e., Anhui Conch's Cash and Common Stock go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash

Cash refers to the most liquid asset of Anhui Conch Cement, which is listed under current asset account on Anhui Conch Cement balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Anhui Conch customers. The amounts must be unrestricted with restricted cash listed in a different Anhui Conch account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock

Most indicators from Anhui Conch's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Conch Cement 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 Conch Cement. 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.
At present, Anhui Conch's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 5.4 B, whereas Issuance Of Capital Stock is forecasted to decline to about 145.5 M.
 2021 2022 2023 2024 (projected)
Operating Income39.7B16.9B12.0B14.3B
Total Revenue168.0B132.0B141.0B148.0B

Anhui Conch fundamental ratios Correlations

0.960.810.990.990.690.96-0.17-0.110.940.540.950.270.910.430.910.960.660.860.9-0.89-0.75-0.270.89-0.650.76
0.960.790.940.930.740.93-0.030.020.840.510.890.330.820.520.890.890.710.80.85-0.8-0.73-0.290.85-0.580.66
0.810.790.810.80.910.76-0.150.150.70.560.850.450.610.670.70.70.810.590.79-0.64-0.67-0.240.79-0.60.6
0.990.940.811.00.670.98-0.27-0.140.930.60.950.210.880.380.870.950.60.830.93-0.88-0.78-0.320.93-0.680.74
0.990.930.81.00.640.99-0.3-0.170.930.610.950.190.890.330.840.960.560.830.94-0.89-0.79-0.310.94-0.680.76
0.690.740.910.670.640.620.10.430.520.420.690.490.460.780.640.550.870.460.63-0.48-0.58-0.260.64-0.520.43
0.960.930.760.980.990.62-0.34-0.160.870.660.910.090.840.280.790.940.510.780.95-0.85-0.8-0.360.96-0.670.7
-0.17-0.03-0.15-0.27-0.30.1-0.340.23-0.19-0.46-0.190.4-0.070.50.14-0.220.450.03-0.370.20.460.42-0.460.47-0.03
-0.110.020.15-0.14-0.170.43-0.160.23-0.22-0.31-0.170.32-0.250.390.02-0.190.23-0.28-0.250.17-0.2-0.31-0.19-0.24-0.37
0.940.840.70.930.930.520.87-0.19-0.220.320.880.290.970.280.90.940.540.930.82-0.94-0.69-0.160.76-0.630.85
0.540.510.560.60.610.420.66-0.46-0.310.320.64-0.260.260.160.210.470.250.220.7-0.29-0.41-0.280.79-0.330.24
0.950.890.850.950.950.690.91-0.19-0.170.880.640.280.860.40.810.90.670.80.89-0.86-0.67-0.110.9-0.560.78
0.270.330.450.210.190.490.090.40.320.29-0.260.280.270.610.450.110.630.270.08-0.26-0.170.140.04-0.130.26
0.910.820.610.880.890.460.84-0.07-0.250.970.260.860.270.220.880.940.550.950.79-0.97-0.610.00.72-0.50.91
0.430.520.670.380.330.780.280.50.390.280.160.40.610.220.580.240.880.270.27-0.15-0.22-0.20.23-0.260.19
0.910.890.70.870.840.640.790.140.020.90.210.810.450.880.580.850.720.870.67-0.81-0.6-0.210.62-0.570.7
0.960.890.70.950.960.550.94-0.22-0.190.940.470.90.110.940.240.850.530.890.89-0.94-0.72-0.210.86-0.610.83
0.660.710.810.60.560.870.510.450.230.540.250.670.630.550.880.720.530.580.53-0.49-0.340.050.47-0.260.57
0.860.80.590.830.830.460.780.03-0.280.930.220.80.270.950.270.870.890.580.72-0.87-0.470.070.64-0.370.88
0.90.850.790.930.940.630.95-0.37-0.250.820.70.890.080.790.270.670.890.530.72-0.83-0.76-0.290.98-0.610.78
-0.89-0.8-0.64-0.88-0.89-0.48-0.850.20.17-0.94-0.29-0.86-0.26-0.97-0.15-0.81-0.94-0.49-0.87-0.830.720.07-0.770.59-0.9
-0.75-0.73-0.67-0.78-0.79-0.58-0.80.46-0.2-0.69-0.41-0.67-0.17-0.61-0.22-0.6-0.72-0.34-0.47-0.760.720.57-0.790.82-0.46
-0.27-0.29-0.24-0.32-0.31-0.26-0.360.42-0.31-0.16-0.28-0.110.140.0-0.2-0.21-0.210.050.07-0.290.070.57-0.340.780.18
0.890.850.790.930.940.640.96-0.46-0.190.760.790.90.040.720.230.620.860.470.640.98-0.77-0.79-0.34-0.640.66
-0.65-0.58-0.6-0.68-0.68-0.52-0.670.47-0.24-0.63-0.33-0.56-0.13-0.5-0.26-0.57-0.61-0.26-0.37-0.610.590.820.78-0.64-0.33
0.760.660.60.740.760.430.7-0.03-0.370.850.240.780.260.910.190.70.830.570.880.78-0.9-0.460.180.66-0.33
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Anhui Conch Account Relationship Matchups

Anhui Conch fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets178.8B201.0B230.5B244.0B246.2B258.5B
Other Current Liab11.9B13.0B14.3B13.2B15.2B15.9B
Total Current Liabilities27.4B24.3B32.7B35.6B29.7B17.1B
Total Stockholder Equity137.4B161.8B183.7B183.6B185.3B194.6B
Retained Earnings121.3B146.0B168.0B169.1B169.0B177.5B
Accounts Payable7.3B4.8B6.8B7.0B6.6B4.0B
Cash55.0B62.2B69.5B57.9B68.4B71.8B
Long Term Debt7.8B6.8B3.7B9.7B15.6B10.0B
Net Receivables14.4B1.2B2.4B5.6B4.4B5.8B
Short Term Investments16.8B26.9B24.3B10.8B2.2B2.1B
Inventory8.3B10.5B11.1B14.7B10.1B10.6B
Other Current Assets567.5M981.7M1.0B2.2B1.7B1.1B
Intangible Assets10.0B13.7B18.2B32.0B32.4B34.0B
Property Plant Equipment65.2B68.1B73.9B89.7B103.2B108.3B
Other Liab1.6B1.7B1.9B2.4B2.7B2.8B
Total Liab36.5B32.8B38.7B48.0B48.2B28.7B
Other Assets1.9B1.7B4.5B4.9B5.7B6.0B
Net Tangible Assets126.9B147.9B164.6B150.5B173.0B124.6B
Other Stockholder Equity143.5M19.2M(75.6M)(1.3B)(1.1B)(1.1B)
Short Long Term Debt2.9B2.0B3.3B10.0B4.5B4.1B
Total Current Assets97.1B113.2B123.6B106.0B101.1B87.3B
Non Current Assets Total81.7B88.0B106.9B138.0B145.1B109.1B
Non Currrent Assets Other692.1M682.8M3.7B3.6B4.1B4.3B
Non Current Liabilities Total9.0B8.5B6.0B12.4B18.6B11.4B
Non Current Liabilities Other6.1B7.4B397.4M356.4M320.7M304.7M
Net Invested Capital147.7B170.6B190.7B203.4B205.4B178.6B
Net Working Capital69.7B88.8B90.9B70.4B71.4B72.6B

Currently Active Assets on Macroaxis

Other Information on Investing in Anhui Stock

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