Air Retained Earnings vs Other Liab Analysis

601111 Stock   7.48  0.08  1.06%   
Air China financial indicator trend analysis is way more than just evaluating Air China prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Air China is a good investment. Please check the relationship between Air China Retained Earnings and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air China Ltd. 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.

Retained Earnings vs Other Liab

Retained Earnings vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air China Retained Earnings account and Other Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Air China's Retained Earnings and Other Liab is -0.59. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Liab in the same time period over historical financial statements of Air China Ltd, assuming nothing else is changed. The correlation between historical values of Air China's Retained Earnings 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 Retained Earnings of Air China Ltd 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 Retained Earnings i.e., Air China's Retained Earnings and Other Liab go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Liab

Most indicators from Air China's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Air China 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 Air China Ltd. 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.
The current year's Selling General Administrative is expected to grow to about 5.9 B, whereas Tax Provision is projected to grow to (78 M).
 2022 2023 2024 2025 (projected)
Cost Of Revenue82.8B134.0B154.1B107.3B
Research Development243.6M373.5M429.5M223.8M

Air China fundamental ratios Correlations

-0.70.98-0.410.85-0.51-0.740.830.840.880.59-0.630.720.910.150.840.95-0.930.890.750.90.770.620.90.971.0
-0.7-0.70.53-0.550.640.74-0.7-0.51-0.66-0.680.67-0.78-0.77-0.37-0.46-0.730.57-0.53-0.48-0.59-0.42-0.78-0.59-0.59-0.71
0.98-0.7-0.410.74-0.51-0.750.830.830.870.57-0.660.70.90.240.880.94-0.90.920.80.90.830.640.90.940.96
-0.410.53-0.41-0.350.940.84-0.26-0.58-0.72-0.860.73-0.49-0.660.02-0.1-0.660.39-0.10.05-0.390.04-0.62-0.2-0.32-0.45
0.85-0.550.74-0.35-0.44-0.590.530.690.760.52-0.590.560.69-0.210.620.8-0.880.670.580.680.510.360.720.890.88
-0.510.64-0.510.94-0.440.94-0.39-0.62-0.72-0.980.72-0.73-0.71-0.18-0.24-0.710.46-0.22-0.07-0.5-0.08-0.69-0.38-0.42-0.56
-0.740.74-0.750.84-0.590.94-0.6-0.75-0.84-0.950.76-0.84-0.85-0.25-0.53-0.860.68-0.5-0.36-0.69-0.38-0.73-0.62-0.66-0.77
0.83-0.70.83-0.260.53-0.39-0.60.720.620.49-0.290.790.860.560.620.76-0.580.720.510.90.60.820.790.70.81
0.84-0.510.83-0.580.69-0.62-0.750.720.90.67-0.630.640.880.090.580.89-0.770.630.420.940.490.620.660.760.84
0.88-0.660.87-0.720.76-0.72-0.840.620.90.72-0.850.590.9-0.070.640.97-0.880.680.540.810.540.60.680.840.88
0.59-0.680.57-0.860.52-0.98-0.950.490.670.72-0.690.840.740.260.310.73-0.50.30.140.590.150.720.490.490.63
-0.630.67-0.660.73-0.590.720.76-0.29-0.63-0.85-0.69-0.45-0.630.1-0.47-0.760.73-0.47-0.48-0.48-0.41-0.42-0.46-0.63-0.65
0.72-0.780.7-0.490.56-0.73-0.840.790.640.590.84-0.450.780.570.520.71-0.530.530.380.740.40.80.720.60.74
0.91-0.770.9-0.660.69-0.71-0.850.860.880.90.74-0.630.780.250.620.96-0.770.690.480.90.530.840.740.80.91
0.15-0.370.240.02-0.21-0.18-0.250.560.09-0.070.260.10.570.250.180.090.140.180.130.290.230.60.30.00.13
0.84-0.460.88-0.10.62-0.24-0.530.620.580.640.31-0.470.520.620.180.72-0.850.960.940.680.970.30.840.890.81
0.95-0.730.94-0.660.8-0.71-0.860.760.890.970.73-0.760.710.960.090.72-0.890.760.60.870.620.710.770.90.96
-0.930.57-0.90.39-0.880.460.68-0.58-0.77-0.88-0.50.73-0.53-0.770.14-0.85-0.89-0.84-0.78-0.76-0.75-0.35-0.78-0.97-0.93
0.89-0.530.92-0.10.67-0.22-0.50.720.630.680.3-0.470.530.690.180.960.76-0.840.940.760.960.40.910.910.86
0.75-0.480.80.050.58-0.07-0.360.510.420.540.14-0.480.380.480.130.940.6-0.780.940.540.970.180.790.820.72
0.9-0.590.9-0.390.68-0.5-0.690.90.940.810.59-0.480.740.90.290.680.87-0.760.760.540.620.690.810.810.89
0.77-0.420.830.040.51-0.08-0.380.60.490.540.15-0.410.40.530.230.970.62-0.750.960.970.620.260.80.810.72
0.62-0.780.64-0.620.36-0.69-0.730.820.620.60.72-0.420.80.840.60.30.71-0.350.40.180.690.260.540.450.64
0.9-0.590.9-0.20.72-0.38-0.620.790.660.680.49-0.460.720.740.30.840.77-0.780.910.790.810.80.540.890.89
0.97-0.590.94-0.320.89-0.42-0.660.70.760.840.49-0.630.60.80.00.890.9-0.970.910.820.810.810.450.890.97
1.0-0.710.96-0.450.88-0.56-0.770.810.840.880.63-0.650.740.910.130.810.96-0.930.860.720.890.720.640.890.97
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Air China Account Relationship Matchups

Air China fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets284.1B298.4B295.0B335.3B385.6B296.3B
Other Current Liab11.0B19.8B16.6B8.4B7.5B13.2B
Total Current Liabilities80.4B91.4B92.5B110.3B126.9B86.8B
Total Stockholder Equity77.6B61.4B23.6B37.2B33.5B53.5B
Other Liab12.1B12.1B11.7B11.2B12.9B11.8B
Net Tangible Assets88.7B72.9B56.8B18.2B16.4B15.6B
Retained Earnings37.7B21.0B(17.6B)(30.5B)(27.4B)(26.1B)
Accounts Payable9.7B10.9B9.1B19.1B22.0B12.9B
Cash6.6B16.7B11.4B15.6B18.0B10.9B
Other Assets5.6B7.7B10.7B11.3B13.0B7.5B
Long Term Debt31.6B53.1B78.1B90.0B103.5B108.6B
Net Receivables2.9B3.0B1.6B3.2B2.9B5.1B
Inventory1.9B2.3B2.8B3.7B4.2B2.4B
Other Current Assets629.8M706.6M387.3M3.9B3.5B3.7B
Other Stockholder Equity(14.6M)(871.6M)(405.3M)421.1M484.2M508.4M
Total Liab200.3B232.6B273.5B300.0B345.0B217.3B
Deferred Long Term Liab366.6M293.0M249.4M249.3M224.3M377.4M
Short Long Term Debt29.8B22.0B22.0B21.4B24.6B22.4B
Total Current Assets19.7B30.4B22.2B32.3B37.2B26.0B
Intangible Assets3.6B3.5B4.3B5.8B6.7B4.6B
Property Plant Equipment241.0B237.9B239.1B241.9B278.2B232.3B
Non Current Assets Total264.3B268.0B272.8B303.0B348.4B277.4B
Non Currrent Assets Other1.0B1.7B2.1M88.6M79.8M75.8M
Non Current Liabilities Total119.9B141.1B181.0B189.7B218.2B133.5B
Capital Lease Obligations76.1B76.3B76.9B64.1B73.7B68.7B
Non Current Liabilities Other5.3B10.6B25.1B34.7B39.9B41.9B
Net Debt54.9B58.4B88.6B95.7B110.1B61.4B
Net Invested Capital139.1B136.5B123.6B148.6B170.9B147.3B
Net Working Capital(60.7B)(61.0B)(70.2B)(78.0B)(70.2B)(73.7B)
Property Plant And Equipment Net237.9B239.1B241.9B259.7B298.7B268.3B
Property Plant And Equipment Gross328.0B333.3B241.9B259.7B233.7B237.8B

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Other Information on Investing in Air Stock

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