Tianjin Issuance Of Capital Stock vs Capital Expenditures Analysis

600874 Stock   5.93  0.03  0.51%   
Tianjin Capital financial indicator trend analysis is much more than just breaking down Tianjin Capital Envi prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Capital Envi is a good investment. Please check the relationship between Tianjin Capital Issuance Of Capital Stock and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Capital Environmental. 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.

Issuance Of Capital Stock vs Capital Expenditures

Issuance Of Capital Stock vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Capital Envi Issuance Of Capital Stock account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tianjin Capital's Issuance Of Capital Stock and Capital Expenditures is -0.31. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Tianjin Capital Environmental, assuming nothing else is changed. The correlation between historical values of Tianjin Capital's Issuance Of Capital Stock and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of Tianjin Capital Environmental are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Issuance Of Capital Stock i.e., Tianjin Capital's Issuance Of Capital Stock and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Issuance Of Capital Stock

Capital Expenditures

Capital Expenditures are funds used by Tianjin Capital Envi to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Tianjin Capital operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Tianjin Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Capital Envi 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 Tianjin Capital Environmental. 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.
The current year's Selling General Administrative is expected to grow to about 74.3 M, whereas Tax Provision is forecasted to decline to about 174.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.5B1.8B1.2B
Total Revenue4.5B4.5B4.7B3.5B

Tianjin Capital fundamental ratios Correlations

-0.550.840.980.82-0.381.00.890.890.840.980.930.04-0.231.00.92-0.860.94-0.810.890.680.960.990.570.99-0.98
-0.55-0.39-0.65-0.37-0.31-0.55-0.74-0.64-0.74-0.54-0.55-0.5-0.3-0.51-0.520.45-0.630.32-0.32-0.79-0.5-0.53-0.25-0.540.64
0.84-0.390.830.73-0.330.80.780.750.70.760.790.07-0.280.840.76-0.60.78-0.520.780.70.830.840.610.79-0.81
0.98-0.650.830.79-0.230.980.920.920.880.960.940.18-0.080.970.87-0.840.96-0.770.820.780.960.970.580.96-0.97
0.82-0.370.730.79-0.480.830.690.730.60.720.89-0.37-0.090.830.78-0.90.83-0.90.840.470.650.80.620.75-0.82
-0.38-0.31-0.33-0.23-0.48-0.38-0.06-0.130.09-0.36-0.290.760.69-0.42-0.560.45-0.180.51-0.730.25-0.27-0.410.1-0.380.39
1.0-0.550.80.980.83-0.380.880.90.850.980.920.01-0.220.990.91-0.890.94-0.830.880.640.940.990.590.99-0.97
0.89-0.740.780.920.69-0.060.880.820.970.870.850.26-0.130.880.84-0.770.87-0.650.720.810.860.90.570.89-0.89
0.89-0.640.750.920.73-0.130.90.820.80.870.870.170.020.880.75-0.720.96-0.660.690.670.840.850.620.88-0.89
0.84-0.740.70.880.60.090.850.970.80.840.770.38-0.060.830.73-0.690.83-0.560.60.790.840.850.640.85-0.82
0.98-0.540.760.960.72-0.360.980.870.870.840.880.11-0.270.980.9-0.820.9-0.770.850.640.970.980.491.0-0.95
0.93-0.550.790.940.89-0.290.920.850.870.770.880.01-0.010.920.83-0.890.97-0.860.820.730.860.90.540.89-0.93
0.04-0.50.070.18-0.370.760.010.260.170.380.110.010.430.0-0.150.240.120.35-0.340.590.250.020.070.06-0.02
-0.23-0.3-0.28-0.08-0.090.69-0.22-0.130.02-0.06-0.27-0.010.43-0.28-0.460.090.030.07-0.480.27-0.24-0.310.11-0.310.22
1.0-0.510.840.970.83-0.420.990.880.880.830.980.920.0-0.280.92-0.860.93-0.810.90.640.951.00.570.99-0.97
0.92-0.520.760.870.78-0.560.910.840.750.730.90.83-0.15-0.460.92-0.820.8-0.760.960.540.830.940.30.93-0.96
-0.860.45-0.6-0.84-0.90.45-0.89-0.77-0.72-0.69-0.82-0.890.240.09-0.86-0.82-0.830.98-0.86-0.49-0.73-0.86-0.5-0.830.86
0.94-0.630.780.960.83-0.180.940.870.960.830.90.970.120.030.930.8-0.83-0.790.760.740.880.90.620.91-0.93
-0.810.32-0.52-0.77-0.90.51-0.83-0.65-0.66-0.56-0.77-0.860.350.07-0.81-0.760.98-0.79-0.82-0.38-0.67-0.79-0.45-0.770.79
0.89-0.320.780.820.84-0.730.880.720.690.60.850.82-0.34-0.480.90.96-0.860.76-0.820.420.790.910.330.88-0.91
0.68-0.790.70.780.470.250.640.810.670.790.640.730.590.270.640.54-0.490.74-0.380.420.720.660.410.63-0.69
0.96-0.50.830.960.65-0.270.940.860.840.840.970.860.25-0.240.950.83-0.730.88-0.670.790.720.960.520.96-0.91
0.99-0.530.840.970.8-0.410.990.90.850.850.980.90.02-0.311.00.94-0.860.9-0.790.910.660.960.540.99-0.97
0.57-0.250.610.580.620.10.590.570.620.640.490.540.070.110.570.3-0.50.62-0.450.330.410.520.540.51-0.45
0.99-0.540.790.960.75-0.380.990.890.880.851.00.890.06-0.310.990.93-0.830.91-0.770.880.630.960.990.51-0.97
-0.980.64-0.81-0.97-0.820.39-0.97-0.89-0.89-0.82-0.95-0.93-0.020.22-0.97-0.960.86-0.930.79-0.91-0.69-0.91-0.97-0.45-0.97
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Tianjin Capital Account Relationship Matchups

Tianjin Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.0B18.8B21.1B23.0B24.5B18.8B
Other Current Liab2.1B1.5B1.5B490K1.5M1.4M
Total Current Liabilities3.5B3.5B3.2B3.3B4.3B3.4B
Total Stockholder Equity6.2B6.6B7.1B8.5B9.1B7.0B
Other Liab2.3B2.2B2.1B2.1B2.4B2.2B
Net Tangible Assets(5.6B)(5.4B)(3.6B)(2.0B)(1.8B)(1.9B)
Retained Earnings4.3B4.7B5.3B5.8B5.7B4.7B
Accounts Payable231.3M295.0M429.5M511.2M668.9M702.3M
Cash2.1B1.7B2.1B3.3B2.6B2.2B
Other Assets436.6M2.0B4.3B4.9B5.6B5.9B
Long Term Debt4.8B5.3B7.4B8.0B7.9B5.1B
Net Receivables2.6B2.0B2.3B2.7B3.3B2.5B
Inventory14.8M17.5M21.8M31.1M35.7M25.0M
Other Current Assets111.1M108.4M71.7M261.7M257.2M159.4M
Total Liab10.8B11.2B13.0B13.5B14.2B11.0B
Total Current Assets4.8B3.8B4.8B6.3B6.2B5.0B
Intangible Assets11.8B12.0B10.3B10.1B10.9B10.4B
Property Plant Equipment801.0M819.4M1.0B1.1B1.2B753.3M
Non Current Assets Total13.2B15.0B16.2B16.6B18.2B14.6B
Non Currrent Assets Other195.9M331.0M450.9M420.9M413.6M372.3M
Non Current Liabilities Total7.3B7.7B9.8B10.1B9.9B8.1B
Non Current Liabilities Other47.7M47.7M47.2M30M28M39.8M
Net Debt2.9B3.7B5.5B4.7B5.3B3.8B
Net Invested Capital11.2B11.9B14.7B16.5B17.0B13.8B
Net Working Capital1.2B278.6M1.6B3.0B1.9B1.7B

Currently Active Assets on Macroaxis

Other Information on Investing in Tianjin Stock

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