Tianfeng Other Current Assets vs Common Stock Analysis

601162 Stock   4.81  0.11  2.34%   
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 Other Current Assets and its Common Stock 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.

Other Current Assets vs Common Stock

Other Current Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianfeng Securities Other Current Assets account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tianfeng Securities' Other Current Assets and Common Stock is 0.96. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock 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' Other Current Assets and Common Stock 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 Assets of Tianfeng Securities Co are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Assets i.e., Tianfeng Securities' Other Current Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Common Stock

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.
As of November 30, 2024, Selling General Administrative is expected to decline to about 887.6 M. The current year's Tax Provision is expected to grow to about (93.4 M)
 2023 2024 (projected)
Gross Profit1.2B1.1B
Total Revenue3.4B3.7B

Tianfeng Securities fundamental ratios Correlations

-0.050.970.980.950.950.310.010.990.940.840.950.84-0.510.89-0.970.990.830.970.720.990.720.450.940.910.79
-0.050.01-0.08-0.17-0.04-0.29-0.21-0.08-0.22-0.34-0.22-0.230.530.20.16-0.10.17-0.110.22-0.040.22-0.1-0.05-0.11-0.48
0.970.010.970.890.980.21-0.120.950.880.740.930.77-0.550.96-0.910.980.870.90.60.980.60.280.980.880.67
0.98-0.080.970.890.980.280.030.960.90.780.930.75-0.560.92-0.940.990.870.930.60.970.60.320.970.930.75
0.95-0.170.890.890.860.460.130.970.910.940.940.92-0.490.76-0.940.930.70.980.820.940.820.650.840.820.87
0.95-0.040.980.980.860.19-0.030.930.840.750.920.7-0.570.96-0.880.970.920.890.550.970.550.241.00.880.68
0.31-0.290.210.280.460.190.590.380.30.550.390.52-0.060.07-0.360.280.020.420.460.30.460.660.150.080.47
0.01-0.21-0.120.030.13-0.030.590.03-0.130.350.01-0.040.33-0.180.05-0.040.080.190.270.030.270.55-0.09-0.130.32
0.99-0.080.950.960.970.930.380.030.940.860.940.87-0.490.85-0.970.980.770.970.750.980.750.510.910.880.8
0.94-0.220.880.90.910.840.3-0.130.940.770.890.87-0.610.75-0.970.940.630.90.640.890.640.410.840.920.81
0.84-0.340.740.780.940.750.550.350.860.770.890.87-0.410.61-0.830.820.630.930.770.850.770.760.720.70.95
0.95-0.220.930.930.940.920.390.010.940.890.890.91-0.60.85-0.950.960.770.930.640.960.640.460.910.850.85
0.84-0.230.770.750.920.70.52-0.040.870.870.870.91-0.490.64-0.90.830.480.870.750.830.750.650.690.720.83
-0.510.53-0.55-0.56-0.49-0.57-0.060.33-0.49-0.61-0.41-0.6-0.49-0.460.58-0.57-0.36-0.44-0.06-0.49-0.060.14-0.61-0.61-0.47
0.890.20.960.920.760.960.07-0.180.850.750.610.850.64-0.46-0.810.90.930.80.520.920.520.130.960.830.52
-0.970.16-0.91-0.94-0.94-0.88-0.360.05-0.97-0.97-0.83-0.95-0.90.58-0.81-0.97-0.71-0.95-0.69-0.94-0.69-0.47-0.87-0.92-0.84
0.99-0.10.980.990.930.970.28-0.040.980.940.820.960.83-0.570.9-0.970.830.950.650.980.650.380.960.920.79
0.830.170.870.870.70.920.020.080.770.630.630.770.48-0.360.93-0.710.830.780.50.870.50.170.910.80.56
0.97-0.110.90.930.980.890.420.190.970.90.930.930.87-0.440.8-0.950.950.780.820.960.820.630.870.860.88
0.720.220.60.60.820.550.460.270.750.640.770.640.75-0.060.52-0.690.650.50.820.711.00.850.520.540.65
0.99-0.040.980.970.940.970.30.030.980.890.850.960.83-0.490.92-0.940.980.870.960.710.710.450.960.880.78
0.720.220.60.60.820.550.460.270.750.640.770.640.75-0.060.52-0.690.650.50.821.00.710.850.520.540.65
0.45-0.10.280.320.650.240.660.550.510.410.760.460.650.140.13-0.470.380.170.630.850.450.850.190.230.68
0.94-0.050.980.970.841.00.15-0.090.910.840.720.910.69-0.610.96-0.870.960.910.870.520.960.520.190.880.66
0.91-0.110.880.930.820.880.08-0.130.880.920.70.850.72-0.610.83-0.920.920.80.860.540.880.540.230.880.76
0.79-0.480.670.750.870.680.470.320.80.810.950.850.83-0.470.52-0.840.790.560.880.650.780.650.680.660.76
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Tianfeng Securities Account Relationship Matchups

Tianfeng Securities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets59.9B81.4B96.6B98.4B99.5B77.7B
Other Current Liab99.5M458.2M127.4M781.9M703.7M503.5M
Total Current Liabilities19.2B24.0B33.5B40.4B46.4B28.0B
Total Stockholder Equity12.1B17.5B25.1B23.1B23.6B17.7B
Other Liab2.3B2.3B2.9B2.8B3.2B2.4B
Net Tangible Assets11.7B11.5B16.8B24.7B28.4B14.8B
Retained Earnings2.9B3.3B3.8B950.5M1.2B1.2B
Accounts Payable63.1M79.5M465.3M2.7M4.0M3.8M
Cash12.8B26.2B28.1B27.5B30.3B19.5B
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 Liab42.4B59.2B70.7B74.5B75.0B54.8B
Deferred Long Term Liab56.1M47.2M37.1M115.0M132.3M66.8M
Long Term Investments28.6B37.1B45.6B44.7B48.6B35.9B
Total Current Assets39.8B48.2B59.0B73.9B85.0B52.5B
Intangible Assets584.1M573.3M361.9M345.6M326.1M364.2M
Property Plant Equipment369.7M509.0M679.5M1.2B1.4B1.5B
Net Debt3.4B9.6B11.1B27.3B22.2B12.1B
Net Invested Capital34.4B53.2B64.3B78.0B76.1B56.3B

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.