China Total Assets vs Intangible Assets Analysis

600941 Stock   103.70  0.30  0.29%   
China Mobile financial indicator trend analysis is way more than just evaluating China Mobile Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Mobile Limited is a good investment. Please check the relationship between China Mobile Total Assets and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Mobile Limited. 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.

Total Assets vs Intangible Assets

Total Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Mobile Limited Total Assets account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Mobile's Total Assets and Intangible Assets is 0.71. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of China Mobile Limited, assuming nothing else is changed. The correlation between historical values of China Mobile's Total Assets and Intangible 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 Total Assets of China Mobile Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., China Mobile's Total Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of China Mobile 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 Mobile Limited 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from China Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Mobile Limited 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 Mobile Limited. 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, China Mobile'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 39.9 B, whereas Issuance Of Capital Stock is forecasted to decline to about 1.3 B.
 2021 2022 2023 2024 (projected)
Total Revenue848.3B937.3B1.0T509.0B
Depreciation And Amortization230.2B16.4B18.8B17.9B

China Mobile fundamental ratios Correlations

0.240.69-0.110.140.250.20.18-0.190.00.680.080.3-0.11-0.05-0.01-0.080.580.23-0.510.160.210.010.610.470.68
0.240.420.780.961.00.990.93-0.80.870.640.730.980.370.720.65-0.330.260.85-0.06-0.670.990.830.60.760.71
0.690.420.360.230.430.410.18-0.410.490.50.490.530.34-0.130.13-0.480.820.22-0.09-0.070.370.030.940.560.7
-0.110.780.360.760.770.810.6-0.850.910.30.860.770.520.520.56-0.470.280.530.02-0.70.80.640.590.630.46
0.140.960.230.760.940.950.95-0.80.810.660.620.890.260.820.7-0.220.030.86-0.03-0.730.980.90.470.770.65
0.251.00.430.770.940.990.92-0.780.870.630.720.970.370.720.64-0.330.270.85-0.05-0.660.980.830.60.740.7
0.20.990.410.810.950.990.89-0.810.890.620.750.970.380.720.68-0.340.260.810.0-0.70.980.830.60.780.7
0.180.930.180.60.950.920.89-0.70.70.650.540.860.260.830.58-0.20.010.94-0.08-0.590.930.880.340.60.58
-0.19-0.8-0.41-0.85-0.8-0.78-0.81-0.7-0.8-0.43-0.88-0.76-0.22-0.64-0.560.21-0.32-0.590.270.65-0.83-0.72-0.63-0.67-0.49
0.00.870.490.910.810.870.890.7-0.80.360.80.850.430.60.61-0.380.260.630.2-0.770.850.720.670.640.53
0.680.640.50.30.660.630.620.65-0.430.360.250.650.290.40.33-0.420.30.71-0.17-0.210.650.480.540.790.92
0.080.730.490.860.620.720.750.54-0.880.80.250.760.50.370.43-0.450.580.45-0.21-0.470.740.490.650.530.41
0.30.980.530.770.890.970.970.86-0.760.850.650.760.480.560.57-0.440.410.81-0.09-0.550.970.690.690.770.75
-0.110.370.340.520.260.370.380.26-0.220.430.290.50.48-0.08-0.02-0.960.480.380.150.050.380.030.320.240.39
-0.050.72-0.130.520.820.720.720.83-0.640.60.40.370.56-0.080.580.14-0.340.720.0-0.780.720.970.070.420.32
-0.010.650.130.560.70.640.680.58-0.560.610.330.430.57-0.020.580.05-0.070.340.27-0.660.670.720.350.60.35
-0.08-0.33-0.48-0.47-0.22-0.33-0.34-0.20.21-0.38-0.42-0.45-0.44-0.960.140.05-0.58-0.34-0.1-0.1-0.330.02-0.43-0.32-0.52
0.580.260.820.280.030.270.260.01-0.320.260.30.580.410.48-0.34-0.07-0.580.03-0.350.20.23-0.20.730.330.5
0.230.850.220.530.860.850.810.94-0.590.630.710.450.810.380.720.34-0.340.03-0.13-0.420.850.750.330.560.62
-0.51-0.06-0.090.02-0.03-0.050.0-0.080.270.2-0.17-0.21-0.090.150.00.27-0.1-0.35-0.13-0.23-0.080.05-0.13-0.05-0.12
0.16-0.67-0.07-0.7-0.73-0.66-0.7-0.590.65-0.77-0.21-0.47-0.550.05-0.78-0.66-0.10.2-0.42-0.23-0.67-0.81-0.33-0.52-0.34
0.210.990.370.80.980.980.980.93-0.830.850.650.740.970.380.720.67-0.330.230.85-0.08-0.670.830.580.790.7
0.010.830.030.640.90.830.830.88-0.720.720.480.490.690.030.970.720.02-0.20.750.05-0.810.830.240.560.44
0.610.60.940.590.470.60.60.34-0.630.670.540.650.690.320.070.35-0.430.730.33-0.13-0.330.580.240.730.76
0.470.760.560.630.770.740.780.6-0.670.640.790.530.770.240.420.6-0.320.330.56-0.05-0.520.790.560.730.84
0.680.710.70.460.650.70.70.58-0.490.530.920.410.750.390.320.35-0.520.50.62-0.12-0.340.70.440.760.84
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China Mobile Account Relationship Matchups

China Mobile fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding4.1B4.1B4.1B4.3B21.4B22.5B
Total Assets1.6T1.7T1.8T1.9T2.0T1.2T
Other Current Liab147.3B172.7B239.0B216.4B79.0B93.6B
Total Current Liabilities462.1B517.3B582.1B533.3B558.6B367.8B
Total Stockholder Equity1.1T1.1T1.2T1.3T1.3T805.5B
Property Plant And Equipment Net817.1B842.3B850.4B895.0B883.9B599.3B
Current Deferred Revenue132.8B127.2B152.4B164.4B189.0B101.7B
Net Debt(101.6B)(146.1B)(187.0B)(110.8B)(99.7B)(104.7B)
Accounts Payable164.8B168.0B152.7B286.1B324.0B340.2B
Cash175.9B212.7B243.9B223.5B141.6B110.0B
Non Current Assets Total1.1T1.1T1.2T1.4T1.5T805.9B
Non Currrent Assets Other27.6B45.2B34.2B457.3B11.9B11.3B
Cash And Short Term Investments421.0B451.7B499.9B331.8B381.6B322.6B
Net Receivables73.2B90.3B54.0B42.8B54.9B39.7B
Liabilities And Stockholders Equity1.6T1.7T1.8T1.9T2.2T1.2T
Non Current Liabilities Total59.9B57.8B48.9B100.8B88.1B92.5B
Inventory7.3B8.0B10.2B11.7B12.0B7.4B
Other Current Assets20.3B18.4B442M19.5B6.1B5.8B
Total Liab522.0B575.1B631.0B634.1B646.7B406.2B
Total Current Assets529.9B579.7B595.4B456.4B498.1B408.0B
Accumulated Other Comprehensive Income650.3B701.6B746.8B804.2B924.9B971.1B
Intangible Assets30.9B23.4B23.9B47.8B49.9B52.4B
Short Term Investments245.1B239.0B255.9B108.3B222.4B297.2B

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

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