Dongxing Intangible Assets vs Other Current Assets Analysis

601198 Stock   11.08  0.58  4.97%   
Dongxing Sec financial indicator trend analysis is much more than just examining Dongxing Sec latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dongxing Sec is a good investment. Please check the relationship between Dongxing Sec 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 Dongxing Sec 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 Dongxing Sec Intangible Assets account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dongxing Sec's Intangible Assets and Other Current Assets is 0.45. 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 Dongxing Sec Co, assuming nothing else is changed. The correlation between historical values of Dongxing Sec's 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 Dongxing Sec 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., Dongxing Sec's Intangible Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

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 Dongxing Sec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dongxing Sec 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 Dongxing Sec 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 24, 2024, Selling General Administrative is expected to decline to about 2.1 B. In addition to that, Tax Provision is expected to decline to about 17.1 M
 2023 2024 (projected)
Operating Income1.6B1.3B
Total Revenue3.6B3.3B

Dongxing Sec fundamental ratios Correlations

0.98-0.620.680.820.931.00.610.850.640.76-0.550.950.69-0.070.850.05-0.16-0.80.840.850.710.770.71-0.61-0.44
0.98-0.680.680.870.90.970.620.870.680.73-0.550.970.71-0.10.90.06-0.19-0.840.90.890.750.810.75-0.64-0.45
-0.62-0.68-0.39-0.73-0.55-0.59-0.45-0.61-0.54-0.370.4-0.64-0.73-0.23-0.680.12-0.10.46-0.62-0.69-0.63-0.63-0.630.670.46
0.680.68-0.390.450.550.680.220.680.070.770.040.760.37-0.350.540.5-0.47-0.540.690.510.660.360.66-0.53-0.17
0.820.87-0.730.450.850.80.730.720.770.44-0.580.80.930.240.89-0.230.17-0.690.740.850.640.890.64-0.7-0.63
0.930.9-0.550.550.850.940.750.750.720.56-0.580.840.810.20.82-0.20.11-0.630.70.80.620.80.62-0.66-0.58
1.00.97-0.590.680.80.940.60.840.620.77-0.540.940.68-0.060.830.05-0.15-0.780.820.830.690.750.69-0.59-0.43
0.610.62-0.450.220.730.750.60.730.720.29-0.30.520.730.490.82-0.390.45-0.450.550.790.550.90.55-0.53-0.67
0.850.87-0.610.680.720.750.840.730.560.82-0.210.840.58-0.050.920.1-0.1-0.760.850.890.760.850.76-0.54-0.45
0.640.68-0.540.070.770.720.620.720.560.18-0.70.50.70.340.7-0.60.38-0.510.460.650.320.810.32-0.3-0.5
0.760.73-0.370.770.440.560.770.290.820.18-0.030.770.27-0.380.610.39-0.4-0.690.680.580.530.50.53-0.36-0.2
-0.55-0.550.40.04-0.58-0.58-0.54-0.3-0.21-0.7-0.03-0.46-0.51-0.16-0.390.35-0.110.4-0.35-0.41-0.17-0.43-0.170.280.25
0.950.97-0.640.760.80.840.940.520.840.50.77-0.460.64-0.230.860.23-0.35-0.840.940.870.80.710.8-0.68-0.36
0.690.71-0.730.370.930.810.680.730.580.70.27-0.510.640.490.75-0.340.41-0.460.530.710.540.790.54-0.71-0.67
-0.07-0.1-0.23-0.350.240.2-0.060.49-0.050.34-0.38-0.16-0.230.490.09-0.660.930.42-0.290.08-0.050.3-0.05-0.27-0.64
0.850.9-0.680.540.890.820.830.820.920.70.61-0.390.860.750.09-0.060.02-0.780.890.980.810.960.81-0.64-0.57
0.050.060.120.5-0.23-0.20.05-0.390.1-0.60.390.350.23-0.34-0.66-0.06-0.8-0.270.290.040.39-0.290.390.00.37
-0.16-0.19-0.1-0.470.170.11-0.150.45-0.10.38-0.4-0.11-0.350.410.930.02-0.80.4-0.41-0.04-0.270.28-0.27-0.02-0.47
-0.8-0.840.46-0.54-0.69-0.63-0.78-0.45-0.76-0.51-0.690.4-0.84-0.460.42-0.78-0.270.4-0.86-0.8-0.66-0.66-0.660.270.06
0.840.9-0.620.690.740.70.820.550.850.460.68-0.350.940.53-0.290.890.29-0.41-0.860.910.880.730.88-0.61-0.28
0.850.89-0.690.510.850.80.830.790.890.650.58-0.410.870.710.080.980.04-0.04-0.80.910.880.910.88-0.64-0.51
0.710.75-0.630.660.640.620.690.550.760.320.53-0.170.80.54-0.050.810.39-0.27-0.660.880.880.641.0-0.64-0.35
0.770.81-0.630.360.890.80.750.90.850.810.5-0.430.710.790.30.96-0.290.28-0.660.730.910.640.64-0.57-0.68
0.710.75-0.630.660.640.620.690.550.760.320.53-0.170.80.54-0.050.810.39-0.27-0.660.880.881.00.64-0.64-0.35
-0.61-0.640.67-0.53-0.7-0.66-0.59-0.53-0.54-0.3-0.360.28-0.68-0.71-0.27-0.640.0-0.020.27-0.61-0.64-0.64-0.57-0.640.75
-0.44-0.450.46-0.17-0.63-0.58-0.43-0.67-0.45-0.5-0.20.25-0.36-0.67-0.64-0.570.37-0.470.06-0.28-0.51-0.35-0.68-0.350.75
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Dongxing Sec Account Relationship Matchups

Dongxing Sec fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets77.5B86.4B99.0B101.8B117.0B122.9B
Total Stockholder Equity20.3B21.1B26.7B26.1B30.0B31.5B
Other Liab4.8B4.3B1.7B2.1B1.9B1.8B
Retained Earnings7.5B8.6B9.8B4.1B4.7B4.7B
Cash14.4B37.5B44.9B39.0B44.8B47.0B
Other Assets9.4B13.4B18.3B21.6B24.8B26.0B
Total Liab57.2B65.2B72.3B75.7B87.0B91.4B
Intangible Assets32.1M41.2M50.0M60.7M69.8M36.0M
Property Plant Equipment181.5M165.0M157.4M540.8M621.9M653.0M
Other Current Liab94.4M2.1B1.9B1.5B1.8B1.8B
Total Current Liabilities25.0B36.3B48.3B44.7B51.4B41.4B
Net Tangible Assets19.6B20.2B21.1B26.6B30.6B21.8B
Net Receivables1.4B1.1B1.1B431.8M388.6M369.2M
Other Current Assets3.4B4.0B6.4B6.6B7.6B5.6B
Other Stockholder Equity258.3M53.8M(86.4M)(366.3M)(329.6M)(313.2M)
Deferred Long Term Liab28.6M26.4M21.6M25.8M29.7M24.3M
Long Term Investments43.1B44.9B49.8B58.7B67.5B46.7B
Total Current Assets35.3B38.4B41.0B49.8B57.3B43.5B
Accounts Payable41.1M48.9M422.7M465.7M419.2M430.1M
Inventory126.5M31.8M530.9K45.9M41.3M33.4M
Net Invested Capital52.8B55.1B54.1B53.6B61.7B57.6B

Currently Active Assets on Macroaxis

Other Information on Investing in Dongxing Stock

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