China Long Term Debt vs Non Current Assets Total Analysis

600675 Stock   2.90  0.05  1.75%   
China Enterprise financial indicator trend analysis is way more than just evaluating China Enterprise prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Enterprise is a good investment. Please check the relationship between China Enterprise Long Term Debt and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Enterprise Co. 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.

Long Term Debt vs Non Current Assets Total

Long Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Enterprise Long Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Enterprise's Long Term Debt and Non Current Assets Total is 0.76. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of China Enterprise Co, assuming nothing else is changed. The correlation between historical values of China Enterprise's Long Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of China Enterprise Co are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Debt i.e., China Enterprise's Long Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that China Enterprise has held for over one year. Long-term debt appears on China Enterprise Co balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on China Enterprise Co balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from China Enterprise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Enterprise 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 Enterprise Co. 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 29, 2024, Tax Provision is expected to decline to about 570.2 M. In addition to that, Selling General Administrative is expected to decline to about 320.8 M
 2021 2023 2024 (projected)
Income Tax Expense871.1M1.0B1.1B
Income Before Tax2.1B1.0B1.3B

China Enterprise fundamental ratios Correlations

0.77-0.360.790.30.740.680.80.630.980.350.750.49-0.01-0.11-0.370.330.740.120.51-0.770.30.390.70.420.65
0.77-0.630.87-0.080.870.890.780.180.650.050.970.69-0.41-0.06-0.380.380.790.060.74-0.90.250.460.920.540.74
-0.36-0.63-0.550.14-0.6-0.59-0.370.0-0.240.33-0.62-0.40.260.33-0.1-0.56-0.44-0.29-0.770.550.0-0.64-0.61-0.36-0.46
0.790.87-0.55-0.060.630.670.660.310.670.250.760.5-0.040.19-0.070.310.590.110.75-0.690.020.420.790.610.62
0.3-0.080.14-0.060.2-0.040.050.60.410.54-0.02-0.250.15-0.170.080.210.260.52-0.06-0.150.660.01-0.12-0.07-0.31
0.740.87-0.60.630.20.930.740.30.68-0.010.930.7-0.53-0.4-0.460.610.890.260.66-0.930.510.610.790.320.67
0.680.89-0.590.67-0.040.930.830.230.6-0.030.950.89-0.63-0.31-0.560.460.84-0.030.68-0.860.290.580.840.380.81
0.80.78-0.370.660.050.740.830.470.790.270.810.79-0.36-0.09-0.610.150.68-0.220.42-0.710.180.330.760.440.88
0.630.180.00.310.60.30.230.470.730.660.190.20.08-0.02-0.080.390.260.180.24-0.190.190.43-0.01-0.170.14
0.980.65-0.240.670.410.680.60.790.730.430.650.440.01-0.15-0.40.310.680.120.38-0.690.330.350.570.310.59
0.350.050.330.250.54-0.01-0.030.270.660.43-0.020.020.10.390.11-0.04-0.090.06-0.080.090.0-0.07-0.09-0.01-0.12
0.750.97-0.620.76-0.020.930.950.810.190.65-0.020.76-0.53-0.19-0.520.40.870.020.72-0.930.370.480.890.450.76
0.490.69-0.40.5-0.250.70.890.790.20.440.020.76-0.71-0.29-0.650.270.56-0.360.49-0.56-0.050.460.640.210.8
-0.01-0.410.26-0.040.15-0.53-0.63-0.360.080.010.1-0.53-0.710.250.47-0.3-0.330.18-0.280.32-0.13-0.32-0.280.21-0.29
-0.11-0.060.330.19-0.17-0.4-0.31-0.09-0.02-0.150.39-0.19-0.290.250.35-0.4-0.34-0.09-0.120.28-0.2-0.32-0.120.1-0.16
-0.37-0.38-0.1-0.070.08-0.46-0.56-0.61-0.08-0.40.11-0.52-0.650.470.350.19-0.590.6-0.020.49-0.290.08-0.39-0.07-0.6
0.330.38-0.560.310.210.610.460.150.390.31-0.040.40.27-0.3-0.40.190.350.650.61-0.40.210.930.18-0.240.11
0.740.79-0.440.590.260.890.840.680.260.68-0.090.870.56-0.33-0.34-0.590.350.120.61-0.960.670.370.780.440.63
0.120.06-0.290.110.520.26-0.03-0.220.180.120.060.02-0.360.18-0.090.60.650.120.2-0.190.430.420.030.01-0.3
0.510.74-0.770.75-0.060.660.680.420.240.38-0.080.720.49-0.28-0.12-0.020.610.610.2-0.650.110.710.580.270.4
-0.77-0.90.55-0.69-0.15-0.93-0.86-0.71-0.19-0.690.09-0.93-0.560.320.280.49-0.4-0.96-0.19-0.65-0.59-0.41-0.88-0.53-0.68
0.30.250.00.020.660.510.290.180.190.330.00.37-0.05-0.13-0.2-0.290.210.670.430.11-0.590.040.260.120.01
0.390.46-0.640.420.010.610.580.330.430.35-0.070.480.46-0.32-0.320.080.930.370.420.71-0.410.040.27-0.170.35
0.70.92-0.610.79-0.120.790.840.76-0.010.57-0.090.890.64-0.28-0.12-0.390.180.780.030.58-0.880.260.270.780.81
0.420.54-0.360.61-0.070.320.380.44-0.170.31-0.010.450.210.210.1-0.07-0.240.440.010.27-0.530.12-0.170.780.51
0.650.74-0.460.62-0.310.670.810.880.140.59-0.120.760.8-0.29-0.16-0.60.110.63-0.30.4-0.680.010.350.810.51
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China Enterprise Account Relationship Matchups

China Enterprise fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.9B49.3B54.2B66.7B60.2B30.3B
Total Stockholder Equity15.2B15.7B15.5B14.4B14.8B15.6B
Other Liab1.4B197.3M368.2M807.6M928.8M882.3M
Retained Earnings6.8B7.4B7.4B6.1B6.6B3.3B
Accounts Payable2.7B2.2B1.9B1.8B2.4B1.7B
Cash13.7B11.6B14.3B17.3B18.5B19.4B
Other Assets11.0B12.7B12.4B19.4B22.3B23.4B
Long Term Debt15.2B10.7B19.4B20.2B15.7B16.4B
Inventory22.7B20.4B16.8B34.9B27.0B17.0B
Total Liab37.0B31.9B37.2B49.6B43.1B22.3B
Intangible Assets73.6M70.8M71.6M65.0M68.0M65.7M
Property Plant Equipment189.5M221.6M300.5M543.7M625.3M656.5M
Short Term Investments167.9M90.7M70.5M41.7M44.7M60.9M
Other Current Liab13.5B8.4B5.6B1.1B849.8M807.3M
Total Current Liabilities21.7B20.9B16.9B29.0B27.0B26.1B
Net Tangible Assets13.7B15.1B15.7B15.5B17.8B14.0B
Net Receivables1.8B107.1M160.3M256.9M242.7M230.5M
Other Current Assets711.5M1.5B391.5M857.0M1.1B636.7M
Deferred Long Term Liab14.9M16.1M11.1M7.7M8.9M12.5M
Total Current Assets39.0B36.0B32.8B54.4B47.1B44.5B
Non Current Assets Total14.8B13.4B21.4B12.3B13.1B13.3B
Non Currrent Assets Other4.0B4.2B10.2B503.0M12.0M11.4M
Non Current Liabilities Total15.3B11.0B20.2B20.6B16.1B15.1B
Non Current Liabilities Other1.3B6M260.0M16.8M17.5M16.6M
Net Invested Capital30.3B26.4B34.9B34.6B30.5B29.5B
Net Working Capital17.3B15.1B15.9B25.4B20.1B18.0B

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Other Information on Investing in China Stock

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