China Other Current Assets vs Retained Earnings Analysis

601668 Stock

5.60 0.01 0.18%

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 Other Current Assets and its Retained Earnings 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.

Other Current Assets vs Retained Earnings

Other Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China State Construction Other Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.

The correlation between China State's Other Current Assets and Retained Earnings is 0.81. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings 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 Other Current Assets and Retained Earnings 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 China State Construction are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., China State's Other Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 19.8 B, whereas Selling General Administrative is forecasted to decline to about 12.4 B.

	2022	2023	2024	2025 (projected)
Operating Income	113.9B	121.8B	117.9B	65.8B
Total Revenue	2.1T	2.3T	2.2T	1.1T

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		0.31	1.0	1.0	0.98	0.98	0.83	0.99	1.0	0.62	-0.22	0.85	0.8	1.0	0.97	0.85	0.99	0.84	0.95	0.89	0.79	0.87	0.85	0.75	-0.58	0.94
Other Current Liab	0.31		0.3	0.28	0.34	0.2	0.49	0.35	0.27	0.41	0.16	0.58	-0.03	0.3	0.16	0.5	0.28	0.52	0.28	0.34	0.34	0.38	0.55	-0.09	0.33	0.3
Total Current Liabilities	1.0	0.3		1.0	0.98	0.99	0.83	0.99	1.0	0.63	-0.2	0.85	0.81	1.0	0.97	0.84	0.99	0.83	0.96	0.88	0.78	0.86	0.85	0.74	-0.59	0.94
Total Stockholder Equity	1.0	0.28	1.0		0.96	0.98	0.81	0.99	1.0	0.59	-0.26	0.84	0.82	1.0	0.98	0.84	1.0	0.83	0.94	0.9	0.8	0.87	0.83	0.77	-0.59	0.94
Other Liab	0.98	0.34	0.98	0.96		0.97	0.84	0.98	0.98	0.66	-0.13	0.83	0.79	0.98	0.93	0.82	0.97	0.79	0.97	0.86	0.73	0.83	0.87	0.68	-0.57	0.92
Accounts Payable	0.98	0.2	0.99	0.98	0.97		0.81	0.97	0.99	0.62	-0.16	0.8	0.84	0.99	0.96	0.81	0.97	0.78	0.95	0.84	0.71	0.79	0.8	0.73	-0.66	0.9
Cash	0.83	0.49	0.83	0.81	0.84	0.81		0.81	0.83	0.75	0.03	0.96	0.58	0.83	0.74	0.96	0.79	0.86	0.81	0.8	0.69	0.75	0.87	0.62	-0.16	0.83
Other Assets	0.99	0.35	0.99	0.99	0.98	0.97	0.81		0.99	0.62	-0.21	0.85	0.79	0.99	0.96	0.84	0.99	0.84	0.95	0.91	0.8	0.89	0.88	0.73	-0.56	0.95
Long Term Debt	1.0	0.27	1.0	1.0	0.98	0.99	0.83	0.99		0.61	-0.21	0.84	0.83	1.0	0.97	0.84	0.99	0.81	0.95	0.88	0.77	0.85	0.83	0.76	-0.6	0.93
Net Receivables	0.62	0.41	0.63	0.59	0.66	0.62	0.75	0.62	0.61		0.2	0.7	0.45	0.63	0.5	0.71	0.56	0.74	0.7	0.54	0.31	0.55	0.75	0.34	-0.12	0.6
Short Term Investments	-0.22	0.16	-0.2	-0.26	-0.13	-0.16	0.03	-0.21	-0.21	0.2		-0.02	-0.22	-0.21	-0.37	-0.11	-0.3	-0.12	-0.18	-0.35	-0.46	-0.39	0.0	-0.44	0.26	-0.3
Inventory	0.85	0.58	0.85	0.84	0.83	0.8	0.96	0.85	0.84	0.7	-0.02		0.56	0.85	0.77	0.98	0.83	0.9	0.79	0.85	0.77	0.83	0.9	0.65	-0.1	0.86
Other Current Assets	0.8	-0.03	0.81	0.82	0.79	0.84	0.58	0.79	0.83	0.45	-0.22	0.56		0.81	0.84	0.61	0.81	0.55	0.78	0.7	0.52	0.63	0.54	0.77	-0.65	0.75
Total Liab	1.0	0.3	1.0	1.0	0.98	0.99	0.83	0.99	1.0	0.63	-0.21	0.85	0.81		0.97	0.84	0.99	0.83	0.96	0.88	0.78	0.86	0.85	0.74	-0.59	0.94
Intangible Assets	0.97	0.16	0.97	0.98	0.93	0.96	0.74	0.96	0.97	0.5	-0.37	0.77	0.84	0.97		0.78	0.98	0.76	0.91	0.88	0.8	0.85	0.75	0.81	-0.64	0.92
Property Plant Equipment	0.85	0.5	0.84	0.84	0.82	0.81	0.96	0.84	0.84	0.71	-0.11	0.98	0.61	0.84	0.78		0.83	0.9	0.78	0.88	0.78	0.85	0.88	0.72	-0.13	0.88
Retained Earnings	0.99	0.28	0.99	1.0	0.97	0.97	0.79	0.99	0.99	0.56	-0.3	0.83	0.81	0.99	0.98	0.83		0.81	0.94	0.92	0.83	0.89	0.84	0.79	-0.59	0.95
Common Stock	0.84	0.52	0.83	0.83	0.79	0.78	0.86	0.84	0.81	0.74	-0.12	0.9	0.55	0.83	0.76	0.9	0.81		0.78	0.85	0.8	0.88	0.9	0.6	-0.21	0.86
Good Will	0.95	0.28	0.96	0.94	0.97	0.95	0.81	0.95	0.95	0.7	-0.18	0.79	0.78	0.96	0.91	0.78	0.94	0.78		0.82	0.7	0.81	0.84	0.66	-0.58	0.9
Net Tangible Assets	0.89	0.34	0.88	0.9	0.86	0.84	0.8	0.91	0.88	0.54	-0.35	0.85	0.7	0.88	0.88	0.88	0.92	0.85	0.82		0.93	0.98	0.89	0.86	-0.33	0.99
Other Stockholder Equity	0.79	0.34	0.78	0.8	0.73	0.71	0.69	0.8	0.77	0.31	-0.46	0.77	0.52	0.78	0.8	0.78	0.83	0.8	0.7	0.93		0.94	0.79	0.77	-0.27	0.9
Deferred Long Term Liab	0.87	0.38	0.86	0.87	0.83	0.79	0.75	0.89	0.85	0.55	-0.39	0.83	0.63	0.86	0.85	0.85	0.89	0.88	0.81	0.98	0.94		0.9	0.8	-0.3	0.96
Long Term Investments	0.85	0.55	0.85	0.83	0.87	0.8	0.87	0.88	0.83	0.75	0.0	0.9	0.54	0.85	0.75	0.88	0.84	0.9	0.84	0.89	0.79	0.9		0.6	-0.2	0.91
Short Long Term Debt	0.75	-0.09	0.74	0.77	0.68	0.73	0.62	0.73	0.76	0.34	-0.44	0.65	0.77	0.74	0.81	0.72	0.79	0.6	0.66	0.86	0.77	0.8	0.6		-0.36	0.85
Preferred Stock Total Equity	-0.58	0.33	-0.59	-0.59	-0.57	-0.66	-0.16	-0.56	-0.6	-0.12	0.26	-0.1	-0.65	-0.59	-0.64	-0.13	-0.59	-0.21	-0.58	-0.33	-0.27	-0.3	-0.2	-0.36		-0.42
Total Current Assets	0.94	0.3	0.94	0.94	0.92	0.9	0.83	0.95	0.93	0.6	-0.3	0.86	0.75	0.94	0.92	0.88	0.95	0.86	0.9	0.99	0.9	0.96	0.91	0.85	-0.42

Click cells to compare fundamentals

China State Account Relationship Matchups

China State fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.2T	2.4T	2.7T	2.9T	3.2T	3.3T
Other Current Liab	492.9B	527.4B	626.6B	103.2B	112.4B	106.8B
Total Current Liabilities	1.2T	1.3T	1.4T	1.6T	1.8T	1.8T
Total Stockholder Equity	300.4B	343.9B	384.3B	427.6B	462.2B	485.3B
Other Liab	30.5B	30.3B	30.1B	35.6B	40.9B	43.0B
Accounts Payable	492.2B	507.8B	596.0B	700.7B	844.3B	886.5B
Cash	295.9B	327.5B	335.3B	358.8B	424.4B	224.8B
Other Assets	405.1B	432.1B	469.6B	548.7B	631.0B	662.6B
Long Term Debt	381.7B	434.2B	502.8B	550.5B	622.5B	653.6B
Net Receivables	160.5B	180.6B	210.4B	257.7B	317.1B	180.3B
Short Term Investments	244.5M	71.6M	20.2M	14.9M	15.2M	14.4M
Inventory	675.2B	703.4B	771.5B	796.3B	772.1B	447.4B
Other Current Assets	47.7B	55.2B	210.4B	188.9B	219.5B	230.4B
Total Liab	1.6T	1.7T	2.0T	2.2T	2.4T	2.5T
Intangible Assets	22.6B	20.7B	26.2B	32.7B	35.2B	37.0B
Property Plant Equipment	47.6B	50.2B	53.0B	60.8B	69.9B	35.0B
Retained Earnings	242.0B	282.9B	321.9B	349.8B	382.5B	401.6B
Common Stock	42.0B	42.0B	41.9B	41.9B	48.2B	35.5B
Good Will	2.3B	2.2B	2.3B	2.4B	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	29.3B	59.9B	78.2B	124.4B	115.7B	59.9B
Total Current Assets	1.6T	1.7T	1.9T	2.0T	2.3T	1.7T
Non Current Assets Total	614.5B	674.2B	778.1B	854.4B	910.4B	684.1B
Non Currrent Assets Other	154.6B	223.5B	269.8B	318.2B	352.6B	182.1B
Non Current Liabilities Total	419.1B	473.9B	543.2B	581.8B	656.3B	495.2B
Non Current Liabilities Other	11.3B	28.4B	24.0B	3.6B	3.9B	3.7B
Net Debt	115.1B	166.7B	245.7B	316.0B	313.8B	179.9B
Common Stock Shares Outstanding	42.0B	41.9B	41.9B	41.9B	41.6B	33.5B
Net Invested Capital	711.4B	838.0B	965.2B	1.1T	1.2T	899.6B
Net Working Capital	381.6B	439.4B	445.5B	458.5B	517.4B	427.3B
Capital Stock	42.0B	41.9B	41.9B	41.9B	41.6B	36.9B
Property Plant And Equipment Net	50.1B	53.0B	60.8B	63.5B	63.8B	62.1B
Property Plant And Equipment Gross	81.2B	88.0B	60.8B	109.4B	63.8B	63.8B

Currently Active Assets on Macroaxis

SLDP	Solid Power
RIO	Rio Tinto ADR
SQM	Sociedad Quimica y
IHS	IHS Holding
BHP	BHP Group Limited

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC

China Other Current Assets vs Retained Earnings Analysis

Other Current Assets vs Retained Earnings

Other Current Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Other Current Assets

Retained Earnings

China State fundamental ratios Correlations

China State Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China State fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

Preferred Stock Total Equity	- 0.66	Accounts Payable
Preferred Stock Total Equity	- 0.65	Other Current Assets
Preferred Stock Total Equity	- 0.64	Intangible Assets
Preferred Stock Total Equity	- 0.6	Long Term Debt
Preferred Stock Total Equity	- 0.59	Retained Earnings
Preferred Stock Total Equity	- 0.59	Total Liab