China Long Term Investments vs Total Stockholder Equity Analysis

601668 Stock   5.98  0.01  0.17%   
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 Long Term Investments and its Total Stockholder Equity 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.

Long Term Investments vs Total Stockholder Equity

Long Term Investments vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China State Construction Long Term Investments account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between China State's Long Term Investments and Total Stockholder Equity is 0.84. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Stockholder Equity 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 Long Term Investments and Total Stockholder Equity 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 China State Construction are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Long Term Investments i.e., China State's Long Term Investments and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Investments

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

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Income119.6B113.9B121.8B62.3B
Total Revenue1.9T2.1T2.3T2.4T

China State fundamental ratios Correlations

0.481.01.00.980.990.810.991.00.58-0.160.860.741.00.960.850.990.850.940.890.780.860.870.77-0.580.94
0.480.480.440.410.420.680.440.460.540.120.720.120.480.310.620.440.60.410.470.450.510.64-0.10.380.52
1.00.480.990.980.990.820.991.00.6-0.130.860.741.00.960.850.990.850.950.870.760.850.870.76-0.580.93
1.00.440.990.960.980.790.990.990.54-0.20.840.770.990.970.840.990.840.920.890.780.860.840.8-0.610.93
0.980.410.980.960.980.80.980.980.6-0.090.810.750.980.940.810.970.770.970.850.710.820.860.77-0.610.92
0.990.420.990.980.980.830.970.990.61-0.060.850.770.990.950.840.970.810.950.830.690.790.840.76-0.610.9
0.810.680.820.790.80.830.760.820.720.130.960.50.820.690.940.760.830.780.730.610.690.840.37-0.110.79
0.990.440.990.990.980.970.760.990.56-0.160.820.750.990.960.820.990.830.940.90.780.880.870.8-0.620.95
1.00.461.00.990.980.990.820.990.58-0.140.850.771.00.960.850.990.830.940.880.750.840.850.78-0.590.93
0.580.540.60.540.60.610.720.560.580.280.670.380.590.420.650.50.680.660.450.210.470.70.14-0.060.54
-0.160.12-0.13-0.2-0.09-0.060.13-0.16-0.140.280.05-0.14-0.13-0.33-0.05-0.24-0.08-0.12-0.31-0.43-0.350.05-0.430.28-0.23
0.860.720.860.840.810.850.960.820.850.670.050.520.860.750.980.820.90.760.840.740.810.90.43-0.130.87
0.740.120.740.770.750.770.50.750.770.38-0.140.520.750.780.580.750.520.720.660.440.580.510.81-0.650.68
1.00.481.00.990.980.990.820.991.00.59-0.130.860.750.960.850.990.840.940.880.760.850.860.76-0.580.93
0.960.310.960.970.940.950.690.960.960.42-0.330.750.780.960.780.980.770.890.870.790.840.760.86-0.690.9
0.850.620.850.840.810.840.940.820.850.65-0.050.980.580.850.780.830.90.750.870.750.830.870.51-0.170.88
0.990.440.990.990.970.970.760.990.990.5-0.240.820.750.990.980.830.820.920.910.820.890.850.81-0.610.95
0.850.60.850.840.770.810.830.830.830.68-0.080.90.520.840.770.90.820.760.850.790.880.890.48-0.240.87
0.940.410.950.920.970.950.780.940.940.66-0.120.760.720.940.890.750.920.760.790.650.780.830.7-0.60.88
0.890.470.870.890.850.830.730.90.880.45-0.310.840.660.880.870.870.910.850.790.920.980.890.74-0.390.98
0.780.450.760.780.710.690.610.780.750.21-0.430.740.440.760.790.750.820.790.650.920.930.770.64-0.320.89
0.860.510.850.860.820.790.690.880.840.47-0.350.810.580.850.840.830.890.880.780.980.930.890.67-0.350.96
0.870.640.870.840.860.840.840.870.850.70.050.90.510.860.760.870.850.890.830.890.770.890.48-0.230.93
0.77-0.10.760.80.770.760.370.80.780.14-0.430.430.810.760.860.510.810.480.70.740.640.670.48-0.860.73
-0.580.38-0.58-0.61-0.61-0.61-0.11-0.62-0.59-0.060.28-0.13-0.65-0.58-0.69-0.17-0.61-0.24-0.6-0.39-0.32-0.35-0.23-0.86-0.44
0.940.520.930.930.920.90.790.950.930.54-0.230.870.680.930.90.880.950.870.880.980.890.960.930.73-0.44
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China State Account Relationship Matchups

China State fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0T2.2T2.4T2.7T2.9T3.0T
Other Current Liab471.3B492.9B527.4B626.6B103.2B98.0B
Total Current Liabilities1.1T1.2T1.3T1.4T1.6T1.7T
Total Stockholder Equity277.2B300.4B343.9B384.3B427.6B449.0B
Other Liab30.5B30.3B30.1B35.6B40.9B43.0B
Accounts Payable487.0B492.2B507.8B596.0B700.7B735.8B
Cash292.4B295.9B327.5B335.3B358.8B211.3B
Other Assets405.1B432.1B469.6B548.7B631.0B662.6B
Long Term Debt367.3B381.7B434.2B502.8B550.5B578.0B
Net Receivables446.9B160.5B180.6B210.4B257.7B170.9B
Short Term Investments902.1M244.5M71.6M20.2M14.9M14.1M
Inventory578.9B675.2B703.4B771.5B796.3B425.0B
Other Current Assets104.8B47.7B55.2B210.4B188.9B198.3B
Total Liab1.5T1.6T1.7T2.0T2.2T2.3T
Intangible Assets16.4B22.6B20.7B26.2B32.7B34.4B
Property Plant Equipment47.6B50.2B53.0B60.8B69.9B35.0B
Retained Earnings206.4B242.0B282.9B321.9B349.8B367.3B
Common Stock42.0B42.0B41.9B41.9B48.2B35.5B
Good Will2.3B2.3B2.2B2.3B2.4B2.5B
Net Tangible Assets243.5B275.6B321.0B355.8B409.1B261.3B
Other Stockholder Equity4.3B10.3B11.3B10.5B12.1B7.2B
Deferred Long Term Liab935.8M1.1B1.1B1.3B1.5B873.5M
Short Long Term Debt28.5B29.3B59.9B78.2B124.4B130.6B
Total Current Assets1.5T1.6T1.7T1.9T2.0T1.6T
Non Current Assets Total572.9B614.5B674.2B778.1B854.4B644.4B
Non Currrent Assets Other166.3B154.6B223.5B269.8B318.2B334.1B
Non Current Liabilities Total386.9B419.1B473.9B543.2B581.8B466.8B
Non Current Liabilities Other12.4B11.3B28.4B24.0B3.6B3.4B
Net Debt83.5B115.1B166.7B245.7B316.0B331.8B
Common Stock Shares Outstanding42.0B42.0B41.9B41.9B41.9B33.6B
Net Invested Capital638.1B711.4B838.0B965.2B1.1T839.5B
Net Working Capital315.8B381.6B439.4B445.5B458.5B407.0B
Capital Stock57.0B42.0B41.9B41.9B41.9B37.6B

Currently Active Assets on Macroaxis

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.