China Non Current Liabilities Total vs Other Stockholder Equity Analysis

601698 Stock   23.17  1.15  5.22%   
China Satellite financial indicator trend analysis is way more than just evaluating China Satellite Comm prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Satellite Comm is a good investment. Please check the relationship between China Satellite Non Current Liabilities Total and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Satellite Communications. 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.

Non Current Liabilities Total vs Other Stockholder Equity

Non Current Liabilities Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Satellite Comm Non Current Liabilities Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between China Satellite's Non Current Liabilities Total and Other Stockholder Equity is 0.04. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of China Satellite Communications, assuming nothing else is changed. The correlation between historical values of China Satellite's Non Current Liabilities Total and Other 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 Non Current Liabilities Total of China Satellite Communications are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., China Satellite's Non Current Liabilities Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Liabilities Total

Other Stockholder Equity

Most indicators from China Satellite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Satellite Comm 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 Satellite Communications. 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 Selling General Administrative is expected to grow to about 102.8 M, whereas Tax Provision is forecasted to decline to about 68.6 M.
 2021 2022 2023 2024 (projected)
Interest Income55.6M92.6M162.2M170.3M
Net Interest Income48.4M85.0M154.0M161.7M

China Satellite fundamental ratios Correlations

-0.84-0.830.990.840.910.8-0.430.970.09-0.86-0.53-0.720.81-0.76-0.110.80.72-0.84-0.720.920.74-0.550.93-0.770.72
-0.840.75-0.8-0.81-0.77-0.570.3-0.78-0.250.760.550.66-0.60.650.32-0.66-0.320.710.72-0.83-0.630.41-0.710.67-0.56
-0.830.75-0.86-0.91-0.89-0.490.82-0.870.350.820.620.84-0.910.930.46-0.9-0.510.810.97-0.82-0.880.55-0.920.89-0.84
0.99-0.8-0.860.870.950.8-0.490.99-0.02-0.86-0.55-0.760.83-0.79-0.140.820.71-0.84-0.760.90.79-0.570.97-0.810.78
0.84-0.81-0.910.870.940.55-0.630.9-0.26-0.9-0.72-0.860.84-0.91-0.360.820.4-0.85-0.870.850.94-0.360.91-0.880.91
0.91-0.77-0.890.950.940.74-0.60.98-0.26-0.86-0.63-0.820.8-0.84-0.280.790.48-0.83-0.830.890.87-0.60.98-0.870.87
0.8-0.57-0.490.80.550.74-0.090.770.13-0.67-0.42-0.560.45-0.32-0.060.330.58-0.54-0.430.750.36-0.650.73-0.60.44
-0.430.30.82-0.49-0.63-0.6-0.09-0.540.710.530.440.61-0.810.840.47-0.72-0.310.630.82-0.51-0.720.43-0.670.69-0.68
0.97-0.78-0.870.990.90.980.77-0.54-0.12-0.87-0.57-0.780.83-0.83-0.160.830.63-0.85-0.770.890.85-0.560.98-0.830.84
0.09-0.250.35-0.02-0.26-0.260.130.71-0.120.110.250.31-0.310.410.38-0.210.160.150.4-0.02-0.420.21-0.280.37-0.47
-0.860.760.82-0.86-0.9-0.86-0.670.53-0.870.110.870.92-0.840.790.42-0.67-0.550.810.8-0.89-0.820.3-0.870.92-0.84
-0.530.550.62-0.55-0.72-0.63-0.420.44-0.570.250.870.93-0.590.580.71-0.39-0.20.480.72-0.6-0.670.05-0.610.88-0.75
-0.720.660.84-0.76-0.86-0.82-0.560.61-0.780.310.920.93-0.770.740.67-0.64-0.410.610.89-0.72-0.810.29-0.820.99-0.88
0.81-0.6-0.910.830.840.80.45-0.810.83-0.31-0.84-0.59-0.77-0.93-0.270.880.71-0.88-0.840.810.85-0.390.89-0.820.82
-0.760.650.93-0.79-0.91-0.84-0.320.84-0.830.410.790.580.74-0.930.29-0.91-0.460.880.86-0.77-0.950.35-0.870.8-0.88
-0.110.320.46-0.14-0.36-0.28-0.060.47-0.160.380.420.710.67-0.270.29-0.150.190.040.67-0.22-0.290.18-0.250.63-0.37
0.8-0.66-0.90.820.820.790.33-0.720.83-0.21-0.67-0.39-0.640.88-0.91-0.150.61-0.76-0.80.660.88-0.350.84-0.710.8
0.72-0.32-0.510.710.40.480.58-0.310.630.16-0.55-0.2-0.410.71-0.460.190.61-0.55-0.370.550.41-0.30.63-0.450.42
-0.840.710.81-0.84-0.85-0.83-0.540.63-0.850.150.810.480.61-0.880.880.04-0.76-0.550.69-0.93-0.790.44-0.860.67-0.7
-0.720.720.97-0.76-0.87-0.83-0.430.82-0.770.40.80.720.89-0.840.860.67-0.8-0.370.69-0.75-0.820.51-0.840.93-0.81
0.92-0.83-0.820.90.850.890.75-0.510.89-0.02-0.89-0.6-0.720.81-0.77-0.220.660.55-0.93-0.750.7-0.590.89-0.770.66
0.74-0.63-0.880.790.940.870.36-0.720.85-0.42-0.82-0.67-0.810.85-0.95-0.290.880.41-0.79-0.820.7-0.220.87-0.840.97
-0.550.410.55-0.57-0.36-0.6-0.650.43-0.560.210.30.050.29-0.390.350.18-0.35-0.30.440.51-0.59-0.22-0.60.41-0.22
0.93-0.71-0.920.970.910.980.73-0.670.98-0.28-0.87-0.61-0.820.89-0.87-0.250.840.63-0.86-0.840.890.87-0.6-0.880.87
-0.770.670.89-0.81-0.88-0.87-0.60.69-0.830.370.920.880.99-0.820.80.63-0.71-0.450.670.93-0.77-0.840.41-0.88-0.9
0.72-0.56-0.840.780.910.870.44-0.680.84-0.47-0.84-0.75-0.880.82-0.88-0.370.80.42-0.7-0.810.660.97-0.220.87-0.9
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China Satellite Account Relationship Matchups

China Satellite fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.2B18.3B19.1B22.4B22.7B20.8B
Other Current Liab1.6B1.5B1.7B1.3B1.3M1.2M
Total Current Liabilities1.9B1.8B2.2B1.8B1.9B1.7B
Total Stockholder Equity11.3B11.6B12.0B15.1B15.3B12.9B
Other Liab996.7M969.6M1.1B1.0B1.2B1.1B
Net Tangible Assets8.3B9.9B10.2B10.7B12.3B10.1B
Retained Earnings1.3B1.7B2.1B2.7B2.8B1.8B
Accounts Payable204.5M180.9M270.0M360.0M611.9M325.5M
Cash4.1B4.0B4.9B6.3B7.2B4.6B
Non Current Assets Total12.6B12.2B12.5B14.3B14.7B14.9B
Non Currrent Assets Other510.6M352.8M119.5M95.1M93.7M89.0M
Other Assets973.6M954.8M767.1M1.0B922.3M815.6M
Net Receivables381.5M413.8M405.8M470.3M383.3M425.5M
Short Term Investments8.1M3.8M2.0M1.6M1.5M1.4M
Non Current Liabilities Total969.6M1.1B1.2B1.4B1.3B988.8M
Inventory14.2M12.1M8.3M16.5M14.7M12.8M
Other Current Assets73.8M121.5M122.5M1.2B223.7M271.8M
Other Stockholder Equity129.4M164.9M48.8M3.9M3.5M3.3M
Total Liab2.8B2.9B3.3B3.2B3.2B2.7B
Deferred Long Term Liab72.8M76.9M190.9M266.3M306.3M321.6M
Total Current Assets5.5B6.1B6.6B8.1B8.0B5.8B
Intangible Assets1.5B1.5B1.6B1.6B1.5B1.6B
Property Plant Equipment11.2B9.6B9.2B9.6B8.6B8.2B
Net Invested Capital11.3B11.6B12.0B15.1B15.3B13.4B
Net Working Capital3.7B4.3B4.4B6.2B6.1B4.0B

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Other Information on Investing in China Stock

Balance Sheet is a snapshot of the financial position of China Satellite Comm at a specified time, usually calculated after every quarter, six months, or one year. China Satellite Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Satellite 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.