Tianfeng Intangible Assets vs Other Current Assets Analysis

601162 Stock   4.72  0.08  1.67%   
Tianfeng Securities financial indicator trend analysis is much more than just breaking down Tianfeng Securities prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianfeng Securities is a good investment. Please check the relationship between Tianfeng Securities Intangible Assets and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianfeng Securities Co. 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.

Intangible Assets vs Other Current Assets

Intangible Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianfeng Securities Intangible Assets account and Other Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Tianfeng Securities' Intangible Assets and Other Current Assets is 0.1. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Tianfeng Securities Co, assuming nothing else is changed. The correlation between historical values of Tianfeng Securities' Intangible Assets and Other Current 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 Intangible Assets of Tianfeng Securities Co are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Intangible Assets i.e., Tianfeng Securities' Intangible Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Tianfeng Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianfeng Securities 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 Tianfeng Securities Co. 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 2.1 B, whereas Tax Provision is projected to grow to (84.1 M).
 2024 2025 (projected)
Gross Profit1.2B1.1B
Total Revenue3.9B3.7B

Tianfeng Securities fundamental ratios Correlations

-0.010.980.990.950.970.26-0.080.990.930.840.960.83-0.540.93-0.961.00.880.980.710.990.710.370.970.920.79
-0.010.04-0.03-0.15-0.01-0.34-0.22-0.03-0.19-0.31-0.18-0.20.510.220.12-0.050.19-0.060.230.00.23-0.1-0.02-0.08-0.45
0.980.040.980.890.990.17-0.170.970.890.750.940.78-0.560.96-0.920.990.880.930.610.980.610.240.990.890.68
0.99-0.030.980.90.990.22-0.070.970.90.790.940.75-0.590.94-0.930.990.910.940.610.980.610.260.990.930.75
0.95-0.150.890.90.870.470.080.970.920.940.940.92-0.510.78-0.940.930.720.980.830.950.830.610.860.830.88
0.97-0.010.990.990.870.13-0.10.950.850.760.930.71-0.580.96-0.890.980.930.920.570.970.570.21.00.890.7
0.26-0.340.170.220.470.130.530.320.40.530.350.55-0.120.01-0.40.22-0.030.370.480.270.480.680.110.210.55
-0.08-0.22-0.17-0.070.08-0.10.53-0.06-0.170.3-0.05-0.070.35-0.240.11-0.120.00.080.23-0.030.230.55-0.14-0.180.27
0.99-0.030.970.970.970.950.32-0.060.940.860.950.86-0.520.89-0.960.990.820.980.740.990.740.440.940.890.8
0.93-0.190.890.90.920.850.4-0.170.940.790.90.88-0.620.77-0.970.920.660.90.650.90.650.380.850.930.82
0.84-0.310.750.790.940.760.530.30.860.790.90.88-0.440.63-0.840.820.650.920.780.860.780.720.740.720.95
0.96-0.180.940.940.940.930.35-0.050.950.90.90.9-0.620.87-0.950.960.80.950.650.970.650.420.920.870.85
0.83-0.20.780.750.920.710.55-0.070.860.880.880.9-0.510.66-0.90.820.510.860.760.830.760.630.70.730.84
-0.540.51-0.56-0.59-0.51-0.58-0.120.35-0.52-0.62-0.44-0.62-0.51-0.490.59-0.59-0.39-0.48-0.08-0.51-0.080.15-0.62-0.63-0.49
0.930.220.960.940.780.960.01-0.240.890.770.630.870.66-0.49-0.830.930.940.850.540.930.540.10.960.850.55
-0.960.12-0.92-0.93-0.94-0.89-0.40.11-0.96-0.97-0.84-0.95-0.90.59-0.83-0.95-0.74-0.94-0.7-0.94-0.7-0.43-0.89-0.93-0.84
1.0-0.050.990.990.930.980.22-0.120.990.920.820.960.82-0.590.93-0.950.880.960.650.990.650.310.980.930.78
0.880.190.880.910.720.93-0.030.00.820.660.650.80.51-0.390.94-0.740.880.840.520.890.520.130.920.820.58
0.98-0.060.930.940.980.920.370.080.980.90.920.950.86-0.480.85-0.940.960.840.80.980.80.540.90.880.87
0.710.230.610.610.830.570.480.230.740.650.780.650.76-0.080.54-0.70.650.520.80.711.00.820.530.550.66
0.990.00.980.980.950.970.27-0.030.990.90.860.970.83-0.510.93-0.940.990.890.980.710.710.40.960.90.79
0.710.230.610.610.830.570.480.230.740.650.780.650.76-0.080.54-0.70.650.520.81.00.710.820.530.550.66
0.37-0.10.240.260.610.20.680.550.440.380.720.420.630.150.1-0.430.310.130.540.820.40.820.150.210.65
0.97-0.020.990.990.861.00.11-0.140.940.850.740.920.7-0.620.96-0.890.980.920.90.530.960.530.150.90.68
0.92-0.080.890.930.830.890.21-0.180.890.930.720.870.73-0.630.85-0.930.930.820.880.550.90.550.210.90.77
0.79-0.450.680.750.880.70.550.270.80.820.950.850.84-0.490.55-0.840.780.580.870.660.790.660.650.680.77
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Tianfeng Securities Account Relationship Matchups

Tianfeng Securities fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets81.4B96.6B98.4B99.5B114.5B77.7B
Other Current Liab99.5M458.2M127.4M781.9M703.7M503.5M
Total Current Liabilities19.2B24.0B33.5B40.4B46.4B28.0B
Total Stockholder Equity17.5B25.1B23.1B23.6B27.2B17.7B
Other Liab2.3B2.3B2.9B2.8B3.2B2.4B
Net Tangible Assets11.7B11.5B16.8B24.7B28.4B14.8B
Retained Earnings3.3B3.8B950.5M1.2B1.4B2.5B
Accounts Payable79.5M465.3M2.7M4.0M3.6M3.4M
Cash26.2B28.1B27.5B30.3B34.8B19.5B
Other Assets3.0B5.1B11.8B9.8B11.2B11.8B
Net Receivables4.0B7.5B7.6B9.2B10.6B5.7B
Other Current Assets2.7B5.2B5.3B9.8B11.2B5.6B
Other Stockholder Equity14.3M(241.3M)(469.0M)(563.1M)(506.8M)(481.5M)
Total Liab59.2B70.7B74.5B75.0B86.2B54.8B
Deferred Long Term Liab56.1M47.2M37.1M115.0M132.3M66.8M
Long Term Investments37.1B45.6B44.7B48.6B55.9B35.9B
Total Current Assets39.8B48.2B59.0B73.9B85.0B52.5B
Intangible Assets573.3M361.9M345.6M326.1M293.5M364.2M
Property Plant Equipment369.7M509.0M679.5M1.2B1.4B1.5B
Net Debt9.6B11.1B27.3B22.2B25.6B26.9B
Net Invested Capital53.2B64.3B78.0B76.1B87.6B56.3B
Property Plant And Equipment Net679.5M1.2B1.1B913.8M1.1B976.8M
Property Plant And Equipment Gross826.0M1.4B1.3B1.1B1.2B1.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Tianfeng Stock

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