Chongqing Long Term Investments vs Cash Analysis

601127 Stock

133.72 0.78 0.58%

Chongqing Sokon financial indicator trend analysis is way more than just evaluating Chongqing Sokon Ind prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chongqing Sokon Ind is a good investment. Please check the relationship between Chongqing Sokon Long Term Investments and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chongqing Sokon Ind. 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.

Long Term Investments vs Cash

Long Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing Sokon Ind Long Term Investments account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Chongqing Sokon's Long Term Investments and Cash is 0.67. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Chongqing Sokon Ind, assuming nothing else is changed. The correlation between historical values of Chongqing Sokon's Long Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Chongqing Sokon Ind are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Investments i.e., Chongqing Sokon's Long Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

0.67

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Chongqing Sokon balance sheet that represents investments Chongqing Sokon Ind intends to hold for over a year. Chongqing Sokon Ind long term investments may include different instruments such as stocks, bonds, real estate and cash.

Cash

Cash refers to the most liquid asset of Chongqing Sokon Ind, which is listed under current asset account on Chongqing Sokon Ind balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Chongqing Sokon customers. The amounts must be unrestricted with restricted cash listed in a different Chongqing Sokon account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Chongqing Sokon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chongqing Sokon Ind 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 Chongqing Sokon Ind. 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 6.3 B. The current year's Tax Provision is expected to grow to about 134.3 M

	2021	2022	2023	2024 (projected)
Cost Of Revenue	16.1B	30.2B	32.1B	33.7B
Research Development	948.0M	1.3B	1.7B	1.8B

Cost Of Revenue Research Development

Chongqing Sokon fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		-0.11	0.85	0.89	0.84	-0.67	0.83	0.83	0.78	0.47	-0.05	0.4	0.97	0.65	0.87	0.84	0.94	0.91	0.61	-0.01	0.85	0.88	0.65	0.96	0.88	0.94
Other Current Liab	-0.11		-0.31	-0.28	-0.32	0.64	-0.39	-0.38	0.42	0.5	0.65	0.53	-0.21	0.21	-0.27	-0.35	-0.18	-0.03	0.46	0.7	0.01	0.29	0.51	-0.19	0.29	-0.25
Total Current Liabilities	0.85	-0.31		0.98	0.91	-0.89	1.0	0.95	0.57	0.29	-0.11	0.25	0.82	0.48	1.0	0.96	0.8	0.71	0.43	-0.2	0.7	0.76	0.41	0.89	0.71	0.88
Total Stockholder Equity	0.89	-0.28	0.98		0.95	-0.85	0.97	0.95	0.63	0.35	-0.14	0.31	0.88	0.55	0.99	0.96	0.85	0.78	0.5	-0.18	0.76	0.8	0.5	0.91	0.76	0.91
Other Liab	0.84	-0.32	0.91	0.95		-0.82	0.91	0.82	0.59	0.33	-0.34	0.22	0.86	0.69	0.93	0.99	0.88	0.84	0.31	-0.27	0.84	0.76	0.51	0.79	0.75	0.94
Retained Earnings	-0.67	0.64	-0.89	-0.85	-0.82		-0.93	-0.88	-0.18	0.1	0.43	0.1	-0.68	-0.29	-0.86	-0.87	-0.69	-0.5	-0.12	0.55	-0.46	-0.44	-0.03	-0.75	-0.38	-0.75
Accounts Payable	0.83	-0.39	1.0	0.97	0.91	-0.93		0.95	0.51	0.23	-0.16	0.19	0.8	0.45	0.99	0.96	0.79	0.67	0.38	-0.27	0.66	0.71	0.34	0.88	0.65	0.86
Cash	0.83	-0.38	0.95	0.95	0.82	-0.88	0.95		0.48	0.22	-0.13	0.24	0.83	0.33	0.93	0.87	0.75	0.62	0.49	-0.21	0.59	0.67	0.36	0.93	0.61	0.8
Other Assets	0.78	0.42	0.57	0.63	0.59	-0.18	0.51	0.48		0.87	0.33	0.75	0.71	0.73	0.62	0.58	0.66	0.83	0.73	0.51	0.86	0.94	0.9	0.66	0.95	0.71
Long Term Debt	0.47	0.5	0.29	0.35	0.33	0.1	0.23	0.22	0.87		0.37	0.85	0.42	0.65	0.36	0.33	0.3	0.61	0.61	0.78	0.69	0.68	0.75	0.34	0.7	0.46
Net Receivables	-0.05	0.65	-0.11	-0.14	-0.34	0.43	-0.16	-0.13	0.33	0.37		0.39	-0.21	-0.18	-0.11	-0.29	-0.23	-0.18	0.54	0.63	-0.16	0.2	0.25	0.0	0.15	-0.27
Good Will	0.4	0.53	0.25	0.31	0.22	0.1	0.19	0.24	0.75	0.85	0.39		0.32	0.42	0.3	0.21	0.25	0.45	0.71	0.78	0.48	0.61	0.65	0.33	0.58	0.33
Inventory	0.97	-0.21	0.82	0.88	0.86	-0.68	0.8	0.83	0.71	0.42	-0.21	0.32		0.65	0.84	0.84	0.93	0.91	0.54	-0.11	0.86	0.81	0.64	0.93	0.83	0.94
Other Current Assets	0.65	0.21	0.48	0.55	0.69	-0.29	0.45	0.33	0.73	0.65	-0.18	0.42	0.65		0.55	0.64	0.64	0.83	0.37	0.15	0.85	0.74	0.65	0.46	0.77	0.76
Total Liab	0.87	-0.27	1.0	0.99	0.93	-0.86	0.99	0.93	0.62	0.36	-0.11	0.3	0.84	0.55		0.97	0.82	0.75	0.46	-0.15	0.75	0.8	0.46	0.89	0.75	0.9
Intangible Assets	0.84	-0.35	0.96	0.96	0.99	-0.87	0.96	0.87	0.58	0.33	-0.29	0.21	0.84	0.64	0.97		0.85	0.8	0.3	-0.25	0.81	0.75	0.44	0.81	0.72	0.94
Common Stock	0.94	-0.18	0.8	0.85	0.88	-0.69	0.79	0.75	0.66	0.3	-0.23	0.25	0.93	0.64	0.82	0.85		0.9	0.44	-0.19	0.82	0.82	0.59	0.86	0.82	0.93
Property Plant Equipment	0.91	-0.03	0.71	0.78	0.84	-0.5	0.67	0.62	0.83	0.61	-0.18	0.45	0.91	0.83	0.75	0.8	0.9		0.46	0.08	0.97	0.86	0.74	0.76	0.9	0.94
Net Tangible Assets	0.61	0.46	0.43	0.5	0.31	-0.12	0.38	0.49	0.73	0.61	0.54	0.71	0.54	0.37	0.46	0.3	0.44	0.46		0.45	0.41	0.71	0.67	0.65	0.68	0.4
Other Stockholder Equity	-0.01	0.7	-0.2	-0.18	-0.27	0.55	-0.27	-0.21	0.51	0.78	0.63	0.78	-0.11	0.15	-0.15	-0.25	-0.19	0.08	0.45		0.14	0.25	0.39	-0.08	0.24	-0.1
Deferred Long Term Liab	0.85	0.01	0.7	0.76	0.84	-0.46	0.66	0.59	0.86	0.69	-0.16	0.48	0.86	0.85	0.75	0.81	0.82	0.97	0.41	0.14		0.86	0.77	0.69	0.9	0.92
Long Term Investments	0.88	0.29	0.76	0.8	0.76	-0.44	0.71	0.67	0.94	0.68	0.2	0.61	0.81	0.74	0.8	0.75	0.82	0.86	0.71	0.25	0.86		0.84	0.8	0.98	0.83
Short Long Term Debt	0.65	0.51	0.41	0.5	0.51	-0.03	0.34	0.36	0.9	0.75	0.25	0.65	0.64	0.65	0.46	0.44	0.59	0.74	0.67	0.39	0.77	0.84		0.53	0.9	0.56
Total Current Assets	0.96	-0.19	0.89	0.91	0.79	-0.75	0.88	0.93	0.66	0.34	0.0	0.33	0.93	0.46	0.89	0.81	0.86	0.76	0.65	-0.08	0.69	0.8	0.53		0.77	0.86
Short Term Debt	0.88	0.29	0.71	0.76	0.75	-0.38	0.65	0.61	0.95	0.7	0.15	0.58	0.83	0.77	0.75	0.72	0.82	0.9	0.68	0.24	0.9	0.98	0.9	0.77		0.83
Non Current Assets Total	0.94	-0.25	0.88	0.91	0.94	-0.75	0.86	0.8	0.71	0.46	-0.27	0.33	0.94	0.76	0.9	0.94	0.93	0.94	0.4	-0.1	0.92	0.83	0.56	0.86	0.83

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Chongqing Sokon Account Relationship Matchups

Chongqing Sokon fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	29.9B	26.3B	32.0B	47.0B	51.2B	26.0B
Other Current Liab	2.0B	1.7B	1.7B	108.2M	405.7M	385.4M
Total Current Liabilities	16.8B	16.2B	18.9B	32.3B	37.6B	39.5B
Total Stockholder Equity	5.5B	5.2B	8.0B	11.4B	11.4B	12.0B
Other Liab	1.2B	1.6B	2.3B	2.9B	3.4B	3.5B
Retained Earnings	2.2B	464.7M	(1.4B)	(5.6B)	(8.1B)	(7.7B)
Accounts Payable	11.4B	10.9B	13.9B	25.7B	30.2B	31.7B
Cash	4.6B	2.9B	5.8B	16.4B	13.2B	13.8B
Other Assets	3.5B	3.5B	2.6B	2.4B	2.7B	1.7B
Long Term Debt	4.5B	2.1B	2.0B	1.3B	1.4B	1.7B
Net Receivables	5.3B	671.7M	996.7M	1.8B	2.4B	2.8B
Good Will	101.0M	81.8M	75.7M	65.0M	46.9M	68.5M
Inventory	2.2B	2.0B	2.8B	4.0B	3.5B	1.9B
Other Current Assets	1.3B	1.1B	1.6B	461.3M	1.2B	724.0M
Total Liab	22.1B	20.6B	24.3B	37.2B	44.0B	46.2B
Intangible Assets	4.9B	6.0B	6.7B	8.3B	10.5B	11.1B
Common Stock	939.9M	1.3B	1.4B	1.5B	1.7B	1.0B
Property Plant Equipment	7.8B	9.3B	9.6B	9.6B	11.1B	6.2B
Net Tangible Assets	3.1B	2.3B	918.1M	2.7B	2.5B	1.9B
Other Stockholder Equity	258.5M	312.3M	62.4M	(71.2M)	(64.0M)	(60.8M)
Deferred Long Term Liab	1.5B	1.9B	1.9B	1.6B	1.9B	1.2B
Short Long Term Debt	2.1B	2.1B	2.1B	2.1B	786.2M	746.8M
Total Current Assets	13.8B	9.7B	14.7B	27.0B	26.1B	16.9B
Non Current Assets Total	16.2B	16.6B	17.4B	20.1B	25.1B	17.2B
Non Currrent Assets Other	534.7M	58.6M	288.0M	1.3B	788.2M	534.4M
Non Current Liabilities Total	5.3B	4.4B	5.4B	4.9B	6.5B	4.9B
Non Current Liabilities Other	28.6M	22.0M	25.0M	51.4M	52.6M	35.3M
Common Stock Shares Outstanding	939.9M	1.3B	1.4B	1.5B	1.5B	1.3B
Net Invested Capital	10.4B	9.4B	12.1B	14.8B	13.6B	12.6B
Net Working Capital	(3.0B)	(6.5B)	(4.3B)	(5.4B)	(11.5B)	(10.9B)
Capital Stock	939.9M	1.3B	1.4B	1.5B	1.5B	1.4B

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Other Information on Investing in Chongqing Stock

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

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Chongqing Long Term Investments vs Cash Analysis

Long Term Investments vs Cash

Long Term Investments vs Cash Correlation Analysis

Correlation Coefficient

Long Term Investments

Cash

Chongqing Sokon fundamental ratios Correlations

Chongqing Sokon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chongqing Sokon fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Chongqing Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Total Liab	+ 0.99	Total Stockholder Equity
Intangible Assets	+ 0.99	Other Liab
Total Liab	+ 0.99	Accounts Payable
Total Stockholder Equity	+ 0.98	Total Current Liabilities

Accounts Payable	- 0.93	Retained Earnings
Retained Earnings	- 0.89	Total Current Liabilities
Cash	- 0.88	Retained Earnings
Intangible Assets	- 0.87	Retained Earnings
Total Liab	- 0.86	Retained Earnings
Retained Earnings	- 0.85	Total Stockholder Equity