China Total Assets vs Net Receivables Analysis

600900 Stock   27.26  0.36  1.30%   
China Yangtze financial indicator trend analysis is way more than just evaluating China Yangtze Power prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Yangtze Power is a good investment. Please check the relationship between China Yangtze Total Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Yangtze Power. 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 Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Yangtze Power Total Assets account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Yangtze's Total Assets and Net Receivables is 0.63. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of China Yangtze Power, assuming nothing else is changed. The correlation between historical values of China Yangtze's Total Assets and Net Receivables 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 Assets of China Yangtze Power are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., China Yangtze's Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of China Yangtze assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in China Yangtze Power books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Receivables

Most indicators from China Yangtze's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Yangtze Power 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 Yangtze Power. 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.
At present, China Yangtze's Discontinued Operations is projected to decrease 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 Selling General Administrative is forecasted to decline to about 389.1 M.
 2021 2022 2023 2024 (projected)
Operating Income31.8B27.1B41.2B43.3B
Total Revenue55.6B52.1B78.1B82.0B

China Yangtze fundamental ratios Correlations

0.030.940.690.840.570.930.630.40.180.970.640.590.820.730.74-0.25-0.780.81-0.620.660.50.71-0.720.68-0.67
0.03-0.140.39-0.320.25-0.29-0.10.03-0.06-0.070.430.720.31-0.04-0.28-0.19-0.02-0.10.380.19-0.65-0.11-0.28-0.410.08
0.94-0.140.490.810.360.930.510.370.070.970.490.420.610.60.67-0.02-0.630.7-0.570.490.670.58-0.530.74-0.49
0.690.390.490.570.90.470.570.460.350.540.930.820.880.70.62-0.29-0.780.8-0.520.86-0.10.78-0.840.45-0.75
0.84-0.320.810.570.560.850.70.430.250.790.430.240.670.720.95-0.22-0.780.82-0.90.560.640.83-0.570.73-0.74
0.570.250.360.90.560.360.520.240.50.380.760.610.860.770.7-0.3-0.860.8-0.650.87-0.140.85-0.810.33-0.83
0.93-0.290.930.470.850.360.590.340.120.960.420.290.620.670.72-0.19-0.690.78-0.640.530.730.65-0.560.8-0.61
0.63-0.10.510.570.70.520.590.360.010.540.480.340.530.550.68-0.12-0.640.67-0.620.520.340.6-0.560.42-0.68
0.40.030.370.460.430.240.340.360.270.360.490.430.230.040.320.05-0.110.27-0.370.040.260.33-0.050.44-0.28
0.18-0.060.070.350.250.50.120.010.270.080.240.110.40.330.43-0.04-0.40.37-0.490.32-0.210.6-0.30.11-0.63
0.97-0.070.970.540.790.380.960.540.360.080.510.50.680.620.65-0.19-0.650.72-0.530.530.610.59-0.590.73-0.53
0.640.430.490.930.430.760.420.480.490.240.510.850.780.550.43-0.11-0.630.67-0.310.76-0.150.61-0.770.39-0.58
0.590.720.420.820.240.610.290.340.430.110.50.850.70.340.21-0.22-0.420.43-0.070.56-0.260.36-0.620.19-0.35
0.820.310.610.880.670.860.620.530.230.40.680.780.70.840.72-0.42-0.90.83-0.60.870.00.81-0.910.38-0.8
0.73-0.040.60.70.720.770.670.550.040.330.620.550.340.840.79-0.24-0.950.89-0.740.890.220.82-0.860.49-0.82
0.74-0.280.670.620.950.70.720.680.320.430.650.430.210.720.79-0.22-0.860.85-0.970.660.460.92-0.640.63-0.85
-0.25-0.19-0.02-0.29-0.22-0.3-0.19-0.120.05-0.04-0.19-0.11-0.22-0.42-0.24-0.220.31-0.280.15-0.30.03-0.280.34-0.120.26
-0.78-0.02-0.63-0.78-0.78-0.86-0.69-0.64-0.11-0.4-0.65-0.63-0.42-0.9-0.95-0.860.31-0.940.78-0.91-0.2-0.920.9-0.510.91
0.81-0.10.70.80.820.80.780.670.270.370.720.670.430.830.890.85-0.28-0.94-0.780.90.330.93-0.850.75-0.9
-0.620.38-0.57-0.52-0.9-0.65-0.64-0.62-0.37-0.49-0.53-0.31-0.07-0.6-0.74-0.970.150.78-0.78-0.55-0.48-0.880.5-0.590.82
0.660.190.490.860.560.870.530.520.040.320.530.760.560.870.890.66-0.3-0.910.9-0.55-0.030.82-0.940.48-0.83
0.5-0.650.67-0.10.64-0.140.730.340.26-0.210.61-0.15-0.260.00.220.460.03-0.20.33-0.48-0.030.230.080.7-0.14
0.71-0.110.580.780.830.850.650.60.330.60.590.610.360.810.820.92-0.28-0.920.93-0.880.820.23-0.770.64-0.95
-0.72-0.28-0.53-0.84-0.57-0.81-0.56-0.56-0.05-0.3-0.59-0.77-0.62-0.91-0.86-0.640.340.9-0.850.5-0.940.08-0.77-0.40.77
0.68-0.410.740.450.730.330.80.420.440.110.730.390.190.380.490.63-0.12-0.510.75-0.590.480.70.64-0.4-0.51
-0.670.08-0.49-0.75-0.74-0.83-0.61-0.68-0.28-0.63-0.53-0.58-0.35-0.8-0.82-0.850.260.91-0.90.82-0.83-0.14-0.950.77-0.51
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China Yangtze Account Relationship Matchups

China Yangtze fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets296.5B330.8B328.6B327.3B571.9B600.5B
Other Current Liab24.6B18.3B14.5B12.3B1.7B1.6B
Total Current Liabilities56.0B78.5B53.4B52.5B143.9B151.1B
Total Stockholder Equity149.5B172.1B181.1B185.5B201.3B101.3B
Accounts Payable105.5M894.3M693.9M942.0M1.3B1.4B
Cash7.3B9.2B9.9B9.3B7.8B4.5B
Long Term Debt68.4B52.0B70.4B76.2B212.5B223.2B
Net Receivables3.5B3.7B3.8B15.2B8.5B8.9B
Inventory222.4M282.1M470.0M453.4M586.5M325.5M
Other Current Assets14.5M143.4M2.9B174.7M408.6M311.5M
Total Liab146.5B152.5B138.3B131.5B359.6B377.6B
Property Plant Equipment233.2B234.1B222.2B214.9B247.1B155.5B
Retained Earnings80.8B92.1B101.1B79.5B86.4B90.7B
Intangible Assets191.5M20.6B20.2B22.2B23.9B25.1B
Other Assets434.0M546.0M432.9M790.4M711.3M675.8M
Other Liab35.7B22.1B16.4B13.8B12.4B11.8B
Net Tangible Assets149.3B150.5B159.9B162.3B186.6B157.8B
Other Stockholder Equity3.2B2.9B859.1M318.9M287.0M272.7M
Short Long Term Debt21.3B24.1B12.3B26.8B54.0B56.7B
Total Current Assets11.0B14.7B17.9B15.3B17.7B13.9B
Non Current Assets Total285.4B316.2B310.6B312.0B554.2B363.5B
Non Currrent Assets Other1.2B1.2B1.7M244.6M426.9M725.6M
Non Current Liabilities Total90.5B74.0B84.9B79.1B215.8B117.2B
Non Current Liabilities Other68.4B16.2M18.4M50.6M56.7M53.9M
Net Debt82.4B66.8B72.8B93.7B258.7B271.7B
Net Invested Capital239.2B248.1B263.8B288.5B467.8B304.6B
Net Working Capital(44.9B)(63.8B)(35.5B)(37.2B)(126.2B)(119.9B)

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Other Information on Investing in China Stock

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