China Investments vs Capital Expenditures Analysis

601668 Stock

5.89 0.06 1.01%

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

Investments vs Capital Expenditures

Investments vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China State Construction Investments account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between China State's Investments and Capital Expenditures is -0.36. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of China State Construction, assuming nothing else is changed. The correlation between historical values of China State's Investments and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of China State Construction are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Investments i.e., China State's Investments and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

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Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Capital Expenditures

Capital Expenditures are funds used by China State Construction to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of China State operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from China State's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China State Construction 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 China State Construction. 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 Tax Provision is expected to grow to about 19.9 B, whereas Selling General Administrative is forecasted to decline to about 12.2 B.

	2021	2022	2023	2024 (projected)
Operating Income	119.6B	113.9B	121.8B	62.3B
Total Revenue	1.9T	2.1T	2.3T	2.4T

Operating Income Total Revenue

China State fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Property Plant Equipment	Retained Earnings	Common Stock	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Preferred Stock Total Equity	Total Current Assets
Total Assets		0.48	1.0	1.0	0.98	0.99	0.81	0.99	1.0	0.58	-0.16	0.86	0.74	1.0	0.96	0.85	0.99	0.85	0.94	0.89	0.78	0.86	0.87	0.77	-0.58	0.94
Other Current Liab	0.48		0.48	0.44	0.41	0.42	0.68	0.44	0.46	0.54	0.12	0.72	0.12	0.48	0.31	0.62	0.44	0.6	0.41	0.47	0.45	0.51	0.64	-0.1	0.38	0.52
Total Current Liabilities	1.0	0.48		0.99	0.98	0.99	0.82	0.99	1.0	0.6	-0.13	0.86	0.74	1.0	0.96	0.85	0.99	0.85	0.95	0.87	0.76	0.85	0.87	0.76	-0.58	0.93
Total Stockholder Equity	1.0	0.44	0.99		0.96	0.98	0.79	0.99	0.99	0.54	-0.2	0.84	0.77	0.99	0.97	0.84	0.99	0.84	0.92	0.89	0.78	0.86	0.84	0.8	-0.61	0.93
Other Liab	0.98	0.41	0.98	0.96		0.98	0.8	0.98	0.98	0.6	-0.09	0.81	0.75	0.98	0.94	0.81	0.97	0.77	0.97	0.85	0.71	0.82	0.86	0.77	-0.61	0.92
Accounts Payable	0.99	0.42	0.99	0.98	0.98		0.83	0.97	0.99	0.61	-0.06	0.85	0.77	0.99	0.95	0.84	0.97	0.81	0.95	0.83	0.69	0.79	0.84	0.76	-0.61	0.9
Cash	0.81	0.68	0.82	0.79	0.8	0.83		0.76	0.82	0.72	0.13	0.96	0.5	0.82	0.69	0.94	0.76	0.83	0.78	0.73	0.61	0.69	0.84	0.37	-0.11	0.79
Other Assets	0.99	0.44	0.99	0.99	0.98	0.97	0.76		0.99	0.56	-0.16	0.82	0.75	0.99	0.96	0.82	0.99	0.83	0.94	0.9	0.78	0.88	0.87	0.8	-0.62	0.95
Long Term Debt	1.0	0.46	1.0	0.99	0.98	0.99	0.82	0.99		0.58	-0.14	0.85	0.77	1.0	0.96	0.85	0.99	0.83	0.94	0.88	0.75	0.84	0.85	0.78	-0.59	0.93
Net Receivables	0.58	0.54	0.6	0.54	0.6	0.61	0.72	0.56	0.58		0.28	0.67	0.38	0.59	0.42	0.65	0.5	0.68	0.66	0.45	0.21	0.47	0.7	0.14	-0.06	0.54
Short Term Investments	-0.16	0.12	-0.13	-0.2	-0.09	-0.06	0.13	-0.16	-0.14	0.28		0.05	-0.14	-0.13	-0.33	-0.05	-0.24	-0.08	-0.12	-0.31	-0.43	-0.35	0.05	-0.43	0.28	-0.23
Inventory	0.86	0.72	0.86	0.84	0.81	0.85	0.96	0.82	0.85	0.67	0.05		0.52	0.86	0.75	0.98	0.82	0.9	0.76	0.84	0.74	0.81	0.9	0.43	-0.13	0.87
Other Current Assets	0.74	0.12	0.74	0.77	0.75	0.77	0.5	0.75	0.77	0.38	-0.14	0.52		0.75	0.78	0.58	0.75	0.52	0.72	0.66	0.44	0.58	0.51	0.81	-0.65	0.68
Total Liab	1.0	0.48	1.0	0.99	0.98	0.99	0.82	0.99	1.0	0.59	-0.13	0.86	0.75		0.96	0.85	0.99	0.84	0.94	0.88	0.76	0.85	0.86	0.76	-0.58	0.93
Intangible Assets	0.96	0.31	0.96	0.97	0.94	0.95	0.69	0.96	0.96	0.42	-0.33	0.75	0.78	0.96		0.78	0.98	0.77	0.89	0.87	0.79	0.84	0.76	0.86	-0.69	0.9
Property Plant Equipment	0.85	0.62	0.85	0.84	0.81	0.84	0.94	0.82	0.85	0.65	-0.05	0.98	0.58	0.85	0.78		0.83	0.9	0.75	0.87	0.75	0.83	0.87	0.51	-0.17	0.88
Retained Earnings	0.99	0.44	0.99	0.99	0.97	0.97	0.76	0.99	0.99	0.5	-0.24	0.82	0.75	0.99	0.98	0.83		0.82	0.92	0.91	0.82	0.89	0.85	0.81	-0.61	0.95
Common Stock	0.85	0.6	0.85	0.84	0.77	0.81	0.83	0.83	0.83	0.68	-0.08	0.9	0.52	0.84	0.77	0.9	0.82		0.76	0.85	0.79	0.88	0.89	0.48	-0.24	0.87
Good Will	0.94	0.41	0.95	0.92	0.97	0.95	0.78	0.94	0.94	0.66	-0.12	0.76	0.72	0.94	0.89	0.75	0.92	0.76		0.79	0.65	0.78	0.83	0.7	-0.6	0.88
Net Tangible Assets	0.89	0.47	0.87	0.89	0.85	0.83	0.73	0.9	0.88	0.45	-0.31	0.84	0.66	0.88	0.87	0.87	0.91	0.85	0.79		0.92	0.98	0.89	0.74	-0.39	0.98
Other Stockholder Equity	0.78	0.45	0.76	0.78	0.71	0.69	0.61	0.78	0.75	0.21	-0.43	0.74	0.44	0.76	0.79	0.75	0.82	0.79	0.65	0.92		0.93	0.77	0.64	-0.32	0.89
Deferred Long Term Liab	0.86	0.51	0.85	0.86	0.82	0.79	0.69	0.88	0.84	0.47	-0.35	0.81	0.58	0.85	0.84	0.83	0.89	0.88	0.78	0.98	0.93		0.89	0.67	-0.35	0.96
Long Term Investments	0.87	0.64	0.87	0.84	0.86	0.84	0.84	0.87	0.85	0.7	0.05	0.9	0.51	0.86	0.76	0.87	0.85	0.89	0.83	0.89	0.77	0.89		0.48	-0.23	0.93
Short Long Term Debt	0.77	-0.1	0.76	0.8	0.77	0.76	0.37	0.8	0.78	0.14	-0.43	0.43	0.81	0.76	0.86	0.51	0.81	0.48	0.7	0.74	0.64	0.67	0.48		-0.86	0.73
Preferred Stock Total Equity	-0.58	0.38	-0.58	-0.61	-0.61	-0.61	-0.11	-0.62	-0.59	-0.06	0.28	-0.13	-0.65	-0.58	-0.69	-0.17	-0.61	-0.24	-0.6	-0.39	-0.32	-0.35	-0.23	-0.86		-0.44
Total Current Assets	0.94	0.52	0.93	0.93	0.92	0.9	0.79	0.95	0.93	0.54	-0.23	0.87	0.68	0.93	0.9	0.88	0.95	0.87	0.88	0.98	0.89	0.96	0.93	0.73	-0.44

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China State Account Relationship Matchups

China State fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0T	2.2T	2.4T	2.7T	2.9T	3.0T
Other Current Liab	471.3B	492.9B	527.4B	626.6B	103.2B	98.0B
Total Current Liabilities	1.1T	1.2T	1.3T	1.4T	1.6T	1.7T
Total Stockholder Equity	277.2B	300.4B	343.9B	384.3B	427.6B	449.0B
Other Liab	30.5B	30.3B	30.1B	35.6B	40.9B	43.0B
Accounts Payable	487.0B	492.2B	507.8B	596.0B	700.7B	735.8B
Cash	292.4B	295.9B	327.5B	335.3B	358.8B	211.3B
Other Assets	405.1B	432.1B	469.6B	548.7B	631.0B	662.6B
Long Term Debt	367.3B	381.7B	434.2B	502.8B	550.5B	578.0B
Net Receivables	446.9B	160.5B	180.6B	210.4B	257.7B	170.9B
Short Term Investments	902.1M	244.5M	71.6M	20.2M	14.9M	14.1M
Inventory	578.9B	675.2B	703.4B	771.5B	796.3B	425.0B
Other Current Assets	104.8B	47.7B	55.2B	210.4B	188.9B	198.3B
Total Liab	1.5T	1.6T	1.7T	2.0T	2.2T	2.3T
Intangible Assets	16.4B	22.6B	20.7B	26.2B	32.7B	34.4B
Property Plant Equipment	47.6B	50.2B	53.0B	60.8B	69.9B	35.0B
Retained Earnings	206.4B	242.0B	282.9B	321.9B	349.8B	367.3B
Common Stock	42.0B	42.0B	41.9B	41.9B	48.2B	35.5B
Good Will	2.3B	2.3B	2.2B	2.3B	2.4B	2.5B
Net Tangible Assets	243.5B	275.6B	321.0B	355.8B	409.1B	261.3B
Other Stockholder Equity	4.3B	10.3B	11.3B	10.5B	12.1B	7.2B
Deferred Long Term Liab	935.8M	1.1B	1.1B	1.3B	1.5B	873.5M
Short Long Term Debt	28.5B	29.3B	59.9B	78.2B	124.4B	130.6B
Total Current Assets	1.5T	1.6T	1.7T	1.9T	2.0T	1.6T
Non Current Assets Total	572.9B	614.5B	674.2B	778.1B	854.4B	644.4B
Non Currrent Assets Other	166.3B	154.6B	223.5B	269.8B	318.2B	334.1B
Non Current Liabilities Total	386.9B	419.1B	473.9B	543.2B	581.8B	466.8B
Non Current Liabilities Other	12.4B	11.3B	28.4B	24.0B	3.6B	3.4B
Net Debt	83.5B	115.1B	166.7B	245.7B	316.0B	331.8B
Common Stock Shares Outstanding	42.0B	42.0B	41.9B	41.9B	41.9B	33.6B
Net Invested Capital	638.1B	711.4B	838.0B	965.2B	1.1T	839.5B
Net Working Capital	315.8B	381.6B	439.4B	445.5B	458.5B	407.0B
Capital Stock	57.0B	42.0B	41.9B	41.9B	41.9B	37.6B

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Other Information on Investing in China Stock

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

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China Investments vs Capital Expenditures Analysis

Investments vs Capital Expenditures

Investments vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Investments

Capital Expenditures

China State fundamental ratios Correlations

China State Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China State fundamental ratios Accounts

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Other Information on Investing in China Stock

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Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities

Preferred Stock Total Equity	- 0.86	Short Long Term Debt
Preferred Stock Total Equity	- 0.69	Intangible Assets
Preferred Stock Total Equity	- 0.65	Other Current Assets
Preferred Stock Total Equity	- 0.62	Other Assets
Preferred Stock Total Equity	- 0.61	Retained Earnings
Preferred Stock Total Equity	- 0.61	Accounts Payable