China Other Current Liab vs Property Plant Equipment Analysis

601068 Stock   4.73  0.04  0.84%   
China Aluminum financial indicator trend analysis is way more than just evaluating China Aluminum Inter prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Aluminum Inter is a good investment. Please check the relationship between China Aluminum Other Current Liab and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Aluminum International. 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.

Other Current Liab vs Property Plant Equipment

Other Current Liab vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Aluminum Inter Other Current Liab account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China Aluminum's Other Current Liab and Property Plant Equipment is 0.4. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of China Aluminum International, assuming nothing else is changed. The correlation between historical values of China Aluminum's Other Current Liab and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of China Aluminum International are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Current Liab i.e., China Aluminum's Other Current Liab and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Property Plant Equipment

Most indicators from China Aluminum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Aluminum Inter 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 Aluminum International. 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 November 27, 2024, Selling General Administrative is expected to decline to about 256.6 M. The current year's Tax Provision is expected to grow to about (105.3 M)
 2021 2022 2023 2024 (projected)
Gross Profit448.4M3.0B2.1B2.0B
Total Revenue1.1B23.7B22.3B19.1B

China Aluminum fundamental ratios Correlations

0.740.950.56-0.820.51-0.310.87-0.210.60.810.73-0.870.720.91-0.60.890.980.850.710.950.760.530.60.830.71
0.740.640.42-0.620.34-0.050.49-0.150.510.710.53-0.570.780.62-0.520.560.720.630.420.630.260.50.30.40.68
0.950.640.65-0.830.61-0.280.92-0.010.40.630.74-0.910.570.95-0.530.930.960.890.840.990.850.450.630.850.47
0.560.420.65-0.240.990.480.650.35-0.070.070.83-0.430.510.60.110.550.50.450.640.70.55-0.20.050.390.03
-0.82-0.62-0.83-0.24-0.180.64-0.630.31-0.45-0.79-0.390.92-0.56-0.850.85-0.85-0.9-0.93-0.57-0.77-0.65-0.78-0.89-0.83-0.56
0.510.340.610.99-0.180.520.650.36-0.14-0.020.8-0.380.440.570.180.480.440.370.630.670.53-0.3-0.010.33-0.04
-0.31-0.05-0.280.480.640.52-0.090.39-0.43-0.580.240.43-0.03-0.260.81-0.44-0.42-0.46-0.08-0.2-0.3-0.82-0.8-0.58-0.4
0.870.490.920.65-0.630.65-0.09-0.030.370.490.75-0.830.370.9-0.230.780.850.740.870.940.880.190.390.710.38
-0.21-0.15-0.010.350.310.360.39-0.03-0.43-0.530.110.23-0.17-0.170.3-0.03-0.21-0.220.180.0-0.03-0.25-0.33-0.13-0.56
0.60.510.4-0.07-0.45-0.14-0.430.37-0.430.850.42-0.420.490.31-0.490.410.580.450.010.370.280.540.350.440.87
0.810.710.630.07-0.79-0.02-0.580.49-0.530.850.39-0.70.690.62-0.780.680.820.750.280.590.440.790.650.70.93
0.730.530.740.83-0.390.80.240.750.110.420.39-0.560.590.63-0.080.610.670.560.490.760.58-0.030.210.470.37
-0.87-0.57-0.91-0.430.92-0.380.43-0.830.23-0.42-0.7-0.56-0.49-0.960.6-0.85-0.93-0.93-0.71-0.87-0.79-0.57-0.74-0.8-0.48
0.720.780.570.51-0.560.44-0.030.37-0.170.490.690.59-0.490.53-0.560.530.670.530.210.570.190.460.320.440.75
0.910.620.950.6-0.850.57-0.260.9-0.170.310.620.63-0.960.53-0.490.870.930.90.840.940.830.430.620.80.44
-0.6-0.52-0.530.110.850.180.81-0.230.3-0.49-0.78-0.080.6-0.56-0.49-0.63-0.68-0.66-0.21-0.47-0.28-0.94-0.83-0.66-0.64
0.890.560.930.55-0.850.48-0.440.78-0.030.410.680.61-0.850.530.87-0.630.920.940.770.910.880.610.780.970.45
0.980.720.960.5-0.90.44-0.420.85-0.210.580.820.67-0.930.670.93-0.680.920.920.720.940.780.620.70.870.67
0.850.630.890.45-0.930.37-0.460.74-0.220.450.750.56-0.930.530.9-0.660.940.920.680.840.80.650.830.890.49
0.710.420.840.64-0.570.63-0.080.870.180.010.280.49-0.710.210.84-0.210.770.720.680.860.850.20.370.70.09
0.950.630.990.7-0.770.67-0.20.940.00.370.590.76-0.870.570.94-0.470.910.940.840.860.860.380.570.820.45
0.760.260.850.55-0.650.53-0.30.88-0.030.280.440.58-0.790.190.83-0.280.880.780.80.850.860.290.590.880.22
0.530.50.45-0.2-0.78-0.3-0.820.19-0.250.540.79-0.03-0.570.460.43-0.940.610.620.650.20.380.290.760.660.62
0.60.30.630.05-0.89-0.01-0.80.39-0.330.350.650.21-0.740.320.62-0.830.780.70.830.370.570.590.760.810.38
0.830.40.850.39-0.830.33-0.580.71-0.130.440.70.47-0.80.440.8-0.660.970.870.890.70.820.880.660.810.47
0.710.680.470.03-0.56-0.04-0.40.38-0.560.870.930.37-0.480.750.44-0.640.450.670.490.090.450.220.620.380.47
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China Aluminum Account Relationship Matchups

China Aluminum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets56.0B54.5B58.8B47.4B40.9B52.0B
Other Current Liab6.6B6.6B7.5B7.3B184.2M175.0M
Total Current Liabilities35.2B29.9B30.9B31.0B26.8B32.0B
Total Stockholder Equity11.3B8.7B7.6B7.5B7.0B6.9B
Other Liab732.4M689.2M748.0M697.4M627.6M706.1M
Net Tangible Assets10.2B7.6B6.3B6.3B5.6B6.3B
Retained Earnings4.2B2.1B839.1M828.4M(2.2B)(2.1B)
Accounts Payable16.7B15.5B17.0B16.1B12.6B17.4B
Cash9.1B644.3K872.3M6.9B3.3B3.7B
Other Assets4.1B4.5B16.9B4.6B5.3B6.0B
Long Term Debt4.7B8.2B12.0B5.3B6.2B5.4B
Net Receivables30.6B17.0B27.4B15.7B15.3B17.0B
Short Term Investments9.2B7.3B6.6B700.5M805.6M765.3M
Inventory3.1B3.4B2.5B2.9B2.2B2.8B
Other Current Assets1.0B866.6M907.0M956.3M9.6M9.1M
Other Stockholder Equity3.3B2.8B2.8B2.8B3.2B2.8B
Total Liab40.6B38.9B42.3B36.9B33.7B38.1B
Short Long Term Debt9.0B9.3B6.1B10.7B6.6B9.4B
Total Current Assets44.8B38.6B38.5B38.2B32.1B40.6B
Intangible Assets1.1B1.2B1.2B1.3B1.3B1.2B
Property Plant Equipment2.6B2.7B2.6B2.5B2.9B2.8B
Non Current Assets Total11.2B15.9B21.5B9.2B8.8B12.3B
Non Currrent Assets Other2.5B6.7B13.7B38.2M(489.5M)(465.0M)
Non Current Liabilities Total5.4B8.9B12.7B6.0B6.9B6.8B
Net Debt5.6B11.0B17.2B9.1B9.4B10.7B
Net Invested Capital26.0B26.2B25.7B23.5B19.8B19.0B
Net Working Capital9.6B8.6B7.7B7.2B5.3B6.4B
Deferred Long Term Liab29.4M51.6M54.8M47.0M54.1M40.5M

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Other Information on Investing in China Stock

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