600804 Good Will vs Other Current Assets Analysis

600804 Stock   1.94  0.09  4.86%   
Dr Peng financial indicator trend analysis is much more than just examining Dr Peng Telecom latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dr Peng Telecom is a good investment. Please check the relationship between Dr Peng Good Will and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dr Peng Telecom. 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.

Good Will vs Other Current Assets

Good Will vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dr Peng Telecom Good Will account and Other Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Dr Peng's Good Will and Other Current Assets is 0.02. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Dr Peng Telecom, assuming nothing else is changed. The correlation between historical values of Dr Peng's Good Will and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Dr Peng Telecom are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Good Will i.e., Dr Peng's Good Will and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Dr Peng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dr Peng Telecom 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 Dr Peng Telecom. 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.
As of November 29, 2024, Selling General Administrative is expected to decline to about 220.7 M. The current year's Tax Provision is expected to grow to about (40.6 M)
 2021 2022 2023 2024 (projected)
Cost Of Revenue2.7B3.0B1.8B1.9B
Total Revenue4.0B3.7B2.6B3.7B

Dr Peng fundamental ratios Correlations

0.920.90.80.850.860.480.60.47-0.13-0.110.530.950.260.370.98-0.180.620.310.490.260.520.040.340.20.49
0.920.890.80.890.860.450.430.37-0.36-0.020.580.860.360.220.93-0.470.730.480.580.380.69-0.180.46-0.080.61
0.90.890.550.830.70.580.350.28-0.04-0.250.670.940.240.340.89-0.140.430.110.22-0.010.470.080.220.220.34
0.80.80.550.770.920.120.450.57-0.550.180.360.60.280.180.8-0.510.880.750.870.740.69-0.390.65-0.260.73
0.850.890.830.770.840.160.190.2-0.39-0.030.610.760.310.250.89-0.290.620.420.510.410.52-0.290.41-0.110.46
0.860.860.70.920.840.190.380.43-0.520.120.610.720.240.250.84-0.370.820.610.740.540.64-0.290.68-0.160.61
0.480.450.580.120.160.190.450.330.21-0.260.110.6-0.080.230.44-0.020.15-0.11-0.07-0.250.310.31-0.10.270.21
0.60.430.350.450.190.380.450.670.210.11-0.110.580.080.260.56-0.10.310.10.30.130.290.39-0.060.420.34
0.470.370.280.570.20.430.330.67-0.160.220.030.35-0.010.270.39-0.410.490.390.460.370.53-0.060.19-0.020.56
-0.13-0.36-0.04-0.55-0.39-0.520.210.21-0.16-0.32-0.190.09-0.20.36-0.160.78-0.76-0.89-0.76-0.81-0.740.89-0.760.85-0.73
-0.11-0.02-0.250.18-0.030.12-0.260.110.22-0.32-0.11-0.22-0.080.01-0.11-0.340.220.30.270.360.17-0.240.07-0.290.15
0.530.580.670.360.610.610.11-0.110.03-0.19-0.110.560.150.430.46-0.030.230.020.11-0.130.18-0.020.440.080.01
0.950.860.940.60.760.720.60.580.350.09-0.220.560.220.430.93-0.010.420.060.25-0.020.380.270.150.390.3
0.260.360.240.280.310.24-0.080.08-0.01-0.2-0.080.150.220.070.3-0.250.260.230.180.20.21-0.190.15-0.220.22
0.370.220.340.180.250.250.230.260.270.360.010.430.430.070.30.36-0.2-0.36-0.24-0.33-0.310.51-0.280.43-0.4
0.980.930.890.80.890.840.440.560.39-0.16-0.110.460.930.30.3-0.210.630.340.510.320.54-0.010.30.150.5
-0.18-0.47-0.14-0.51-0.29-0.37-0.02-0.1-0.410.78-0.34-0.03-0.01-0.250.36-0.21-0.73-0.83-0.7-0.74-0.840.71-0.540.73-0.83
0.620.730.430.880.620.820.150.310.49-0.760.220.230.420.26-0.20.63-0.730.920.950.840.9-0.590.76-0.520.92
0.310.480.110.750.420.61-0.110.10.39-0.890.30.020.060.23-0.360.34-0.830.920.940.950.84-0.790.75-0.760.9
0.490.580.220.870.510.74-0.070.30.46-0.760.270.110.250.18-0.240.51-0.70.950.940.910.79-0.590.79-0.490.86
0.260.38-0.010.740.410.54-0.250.130.37-0.810.36-0.13-0.020.2-0.330.32-0.740.840.950.910.71-0.760.61-0.70.81
0.520.690.470.690.520.640.310.290.53-0.740.170.180.380.21-0.310.54-0.840.90.840.790.71-0.570.62-0.530.95
0.04-0.180.08-0.39-0.29-0.290.310.39-0.060.89-0.24-0.020.27-0.190.51-0.010.71-0.59-0.79-0.59-0.76-0.57-0.620.91-0.64
0.340.460.220.650.410.68-0.1-0.060.19-0.760.070.440.150.15-0.280.3-0.540.760.750.790.610.62-0.62-0.490.64
0.2-0.080.22-0.26-0.11-0.160.270.42-0.020.85-0.290.080.39-0.220.430.150.73-0.52-0.76-0.49-0.7-0.530.91-0.49-0.57
0.490.610.340.730.460.610.210.340.56-0.730.150.010.30.22-0.40.5-0.830.920.90.860.810.95-0.640.64-0.57
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Dr Peng Account Relationship Matchups

Dr Peng fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.8B11.8B9.5B7.4B7.2B8.9B
Other Current Liab6.4B1.5B2.5B1.4B318.6M302.6M
Total Current Liabilities14.0B7.6B7.0B3.3B3.3B4.9B
Total Stockholder Equity696.1M900.4M1.4B1.1B1.0B990.9M
Accounts Payable1.5B729.6M774.0M704.8M753.7M982.6M
Cash751.9M1.1B1.1B641.4M157.7M149.8M
Other Assets2.8B2.0B676.6M335.2M385.5M366.2M
Long Term Debt2.8B1.3B2.7M2.0B1.7B1.3B
Net Receivables858.1M431.3M311.7M402.2M554.0M526.9M
Inventory34.9M14.6M13.5M221.4M10.0M9.5M
Other Current Assets787.4M504.9M1.2B439.4M200.7M190.6M
Total Liab15.0B10.9B8.2B6.5B6.3B6.3B
Intangible Assets248.3M136.7M106.6M84.9M97.6M92.7M
Property Plant Equipment8.4B5.5B3.1B3.5B4.1B4.5B
Other Liab225.5M1.9B1.3B1.1B1.3B1.4B
Retained Earnings(2.3B)(2.2B)(3.4B)(3.8B)(4.7B)(4.5B)
Good Will34.6M36.7M24.4M19.7M19.6M18.6M
Net Tangible Assets462.7M744.6M1.3B954.1M858.7M815.8M
Other Stockholder Equity(375.9M)(337.6M)(375.4M)(231.9M)(208.7M)(219.1M)
Deferred Long Term Liab526.3M225.2M78.3M79.4M71.5M67.9M
Total Current Assets2.4B3.0B4.6B2.2B1.7B2.8B
Non Current Assets Total13.5B8.9B4.9B5.2B5.5B9.1B
Non Currrent Assets Other2.1B1.7B405.2M82.8M22.7M21.6M
Non Current Liabilities Total3.0B3.3B1.3B3.2B3.0B2.4B
Short Long Term Debt490.9M1.3B594.2M55.6M70.9M67.3M
Net Debt3.8B1.7B1.5B1.4B1.6B1.5B
Net Invested Capital3.2B3.5B2.0B3.1B2.8B4.4B
Non Current Liabilities Other2.7M1.5B960.7M935.7M910.4M1.6B
Net Working Capital(9.7B)(4.6B)(2.4B)(1.1B)(1.6B)(1.7B)

Currently Active Assets on Macroaxis

Other Information on Investing in 600804 Stock

Balance Sheet is a snapshot of the financial position of Dr Peng Telecom at a specified time, usually calculated after every quarter, six months, or one year. Dr Peng Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dr Peng 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 600804 currently owns. An asset can also be divided into two categories, current and non-current.