China Inventory vs Other Liab Analysis

601088 Stock   39.80  0.31  0.77%   
China Shenhua financial indicator trend analysis is way more than just evaluating China Shenhua Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Shenhua Energy is a good investment. Please check the relationship between China Shenhua Inventory and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Shenhua Energy. 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.

Inventory vs Other Liab

Inventory vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Shenhua Energy Inventory account and Other Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between China Shenhua's Inventory and Other Liab is 0.23. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Liab in the same time period over historical financial statements of China Shenhua Energy, assuming nothing else is changed. The correlation between historical values of China Shenhua's Inventory and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of China Shenhua Energy are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Inventory i.e., China Shenhua's Inventory and Other Liab go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory

Other Liab

Most indicators from China Shenhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Shenhua Energy 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 Shenhua Energy. 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 2.7 B, whereas Tax Provision is forecasted to decline to about 16.8 B.
 2021 2022 2023 2024 (projected)
Gross Profit110.8B134.5B123.2B110.7B
Total Revenue335.2B344.5B343.1B289.8B

China Shenhua fundamental ratios Correlations

-0.6-0.280.830.950.810.780.540.77-0.82-0.72-0.68-0.690.720.050.03-0.86-0.560.71-0.390.75-0.650.74-0.75-0.69-0.55
-0.60.75-0.63-0.77-0.63-0.56-0.66-0.610.670.380.490.32-0.37-0.720.680.610.55-0.660.0-0.160.39-0.430.630.340.09
-0.280.75-0.55-0.53-0.49-0.53-0.1-0.460.60.360.420.44-0.5-0.560.530.380.75-0.720.19-0.160.53-0.210.440.50.32
0.83-0.63-0.550.90.980.980.250.9-0.93-0.93-0.88-0.910.920.02-0.06-0.79-0.860.95-0.580.82-0.890.86-0.54-0.85-0.54
0.95-0.77-0.530.90.870.840.560.82-0.89-0.74-0.7-0.70.740.23-0.2-0.91-0.690.83-0.350.67-0.680.71-0.76-0.7-0.48
0.81-0.63-0.490.980.870.930.280.86-0.9-0.91-0.85-0.850.870.02-0.06-0.76-0.790.9-0.570.78-0.830.86-0.52-0.8-0.41
0.78-0.56-0.530.980.840.930.170.91-0.9-0.93-0.91-0.930.92-0.05-0.03-0.75-0.860.94-0.580.84-0.90.87-0.43-0.84-0.57
0.54-0.66-0.10.250.560.280.170.39-0.380.04-0.080.14-0.10.52-0.5-0.530.130.110.38-0.020.090.15-0.360.180.3
0.77-0.61-0.460.90.820.860.910.39-0.95-0.78-0.89-0.780.77-0.04-0.07-0.69-0.680.81-0.260.78-0.70.83-0.33-0.66-0.4
-0.820.670.6-0.93-0.89-0.9-0.9-0.38-0.950.760.80.8-0.83-0.070.090.730.74-0.870.38-0.780.78-0.730.490.740.47
-0.720.380.36-0.93-0.74-0.91-0.930.04-0.780.760.90.96-0.940.24-0.150.660.86-0.890.7-0.860.87-0.920.460.90.62
-0.680.490.42-0.88-0.7-0.85-0.91-0.08-0.890.80.90.89-0.850.14-0.070.560.81-0.830.48-0.820.81-0.950.350.80.57
-0.690.320.44-0.91-0.7-0.85-0.930.14-0.780.80.960.89-0.990.29-0.260.610.89-0.890.73-0.920.93-0.840.420.960.75
0.72-0.37-0.50.920.740.870.92-0.10.77-0.83-0.94-0.85-0.99-0.220.23-0.65-0.90.91-0.740.9-0.940.79-0.5-0.97-0.76
0.05-0.72-0.560.020.230.02-0.050.52-0.04-0.070.240.140.29-0.22-0.85-0.1-0.070.130.22-0.470.07-0.2-0.340.220.29
0.030.680.53-0.06-0.2-0.06-0.03-0.5-0.070.09-0.15-0.07-0.260.23-0.850.110.1-0.21-0.380.49-0.160.10.13-0.28-0.45
-0.860.610.38-0.79-0.91-0.76-0.75-0.53-0.690.730.660.560.61-0.65-0.10.110.57-0.70.3-0.60.59-0.590.670.60.43
-0.560.550.75-0.86-0.69-0.79-0.860.13-0.680.740.860.810.89-0.9-0.070.10.57-0.950.62-0.650.86-0.710.540.910.69
0.71-0.66-0.720.950.830.90.940.110.81-0.87-0.89-0.83-0.890.910.13-0.21-0.7-0.95-0.570.69-0.870.77-0.56-0.86-0.57
-0.390.00.19-0.58-0.35-0.57-0.580.38-0.260.380.70.480.73-0.740.22-0.380.30.62-0.57-0.650.83-0.50.30.740.58
0.75-0.16-0.160.820.670.780.84-0.020.78-0.78-0.86-0.82-0.920.9-0.470.49-0.6-0.650.69-0.65-0.830.81-0.34-0.85-0.72
-0.650.390.53-0.89-0.68-0.83-0.90.09-0.70.780.870.810.93-0.940.07-0.160.590.86-0.870.83-0.83-0.730.410.890.68
0.74-0.43-0.210.860.710.860.870.150.83-0.73-0.92-0.95-0.840.79-0.20.1-0.59-0.710.77-0.50.81-0.73-0.39-0.75-0.49
-0.750.630.44-0.54-0.76-0.52-0.43-0.36-0.330.490.460.350.42-0.5-0.340.130.670.54-0.560.3-0.340.41-0.390.60.57
-0.690.340.5-0.85-0.7-0.8-0.840.18-0.660.740.90.80.96-0.970.22-0.280.60.91-0.860.74-0.850.89-0.750.60.85
-0.550.090.32-0.54-0.48-0.41-0.570.3-0.40.470.620.570.75-0.760.29-0.450.430.69-0.570.58-0.720.68-0.490.570.85
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China Shenhua Account Relationship Matchups

China Shenhua fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets558.5B558.4B607.1B621.7B630.1B643.1B
Other Current Liab44.0B14.5B19.1B19.6B1.1B998.5M
Total Current Liabilities95.5B69.5B91.7B98.4B91.6B80.0B
Total Stockholder Equity351.9B360.2B376.9B393.9B408.7B382.7B
Other Liab6.4B9.7B15.8B20.7B23.8B25.0B
Net Tangible Assets352.2B360.1B375.0B392.7B451.6B373.5B
Retained Earnings262.3B270.9B286.2B308.7B288.5B280.2B
Accounts Payable25.0B29.0B35.2B39.0B38.9B36.3B
Cash51.5B127.5B162.9B170.5B150.0B111.1B
Other Assets51.7B38.5B31.5B33.6B30.3B36.8B
Long Term Debt40.4B53.5B52.4B41.9B32.6B45.1B
Net Receivables26.8B7.8B10.3B11.0B11.9B17.3B
Inventory12.1B12.8B12.6B12.1B12.8B13.5B
Other Current Assets10.7B9.2B8.5B9.5B7.3B6.9B
Other Stockholder Equity(11.2B)(11.4B)(11.0B)(16.4B)(14.7B)(15.5B)
Total Liab142.9B133.3B161.4B162.5B151.8B134.6B
Short Long Term Debt835M5.0B4.2B5.2B2.9B3.6B
Total Current Assets160.5B172.2B208.3B211.1B199.0B192.1B
Intangible Assets37.1B36.1B50.9B52.6B61.6B43.3B
Property Plant Equipment299.7B296.6B315.9B324.2B291.8B265.2B
Non Current Assets Total398.0B386.2B398.7B410.7B431.2B325.1B
Non Currrent Assets Other50.3B291.2B23.6B25.3B23.4B22.3B
Non Current Liabilities Total47.4B63.8B69.6B64.1B60.2B52.1B
Non Current Liabilities Other3.4B6.4B14.8B10.8B10.4B7.5B
Net Invested Capital393.2B418.7B433.5B441.0B444.2B455.0B
Net Working Capital65.0B102.7B116.6B112.6B107.4B99.2B

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Other Information on Investing in China Stock

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