China Total Assets vs Total Liab 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 Total Assets and its Total Liab 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.

Total Assets vs Total Liab

Total Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China State Construction Total Assets account and Total Liab. At this time, the significance of the direction appears to have totally related.
The correlation between China State's Total Assets and Total Liab is 1.0. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Liab 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 Total Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of China State Construction are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Assets i.e., China State's Total Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of China State assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in China State Construction books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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.