Changzhou Begin Period Cash Flow vs Change To Account Receivables Analysis

601799 Stock   136.41  1.81  1.34%   
Changzhou Xingyu financial indicator trend analysis is way more than just evaluating Changzhou Xingyu Aut prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changzhou Xingyu Aut is a good investment. Please check the relationship between Changzhou Xingyu Begin Period Cash Flow and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changzhou Xingyu Automotive. 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.

Begin Period Cash Flow vs Change To Account Receivables

Begin Period Cash Flow vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changzhou Xingyu Aut Begin Period Cash Flow account and Change To Account Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Changzhou Xingyu's Begin Period Cash Flow and Change To Account Receivables is -0.53. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Changzhou Xingyu Automotive, assuming nothing else is changed. The correlation between historical values of Changzhou Xingyu's Begin Period Cash Flow and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Changzhou Xingyu Automotive are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Begin Period Cash Flow i.e., Changzhou Xingyu's Begin Period Cash Flow and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Change To Account Receivables

Most indicators from Changzhou Xingyu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changzhou Xingyu Aut 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 Changzhou Xingyu Automotive. 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 130.5 M, whereas Selling General Administrative is forecasted to decline to about 171.3 M.
 2021 2022 2023 2024 (projected)
Operating Income1.0B1.0B1.2B1.3B
Total Revenue7.9B8.2B10.2B10.8B

Changzhou Xingyu fundamental ratios Correlations

0.410.990.990.950.980.990.840.740.820.99-0.080.980.940.760.980.940.620.690.920.30.880.950.910.120.68
0.410.390.350.340.380.390.640.240.040.33-0.290.490.340.260.380.52-0.020.430.350.790.380.470.41-0.150.81
0.990.390.970.930.961.00.810.730.840.98-0.030.990.960.760.960.90.610.70.890.310.870.950.880.230.68
0.990.350.970.960.980.980.810.760.820.99-0.090.950.920.770.980.930.630.670.920.190.870.930.920.080.6
0.950.340.930.960.990.950.820.730.870.94-0.140.920.880.640.980.930.740.50.880.20.880.880.920.030.6
0.980.380.960.980.990.980.840.740.840.97-0.140.950.910.681.00.960.680.590.910.250.890.920.940.040.65
0.990.391.00.980.950.980.820.710.850.98-0.060.990.960.750.970.920.620.680.90.310.880.950.90.20.68
0.840.640.810.810.820.840.820.540.670.77-0.160.850.730.620.830.860.60.490.720.50.730.80.770.030.77
0.740.240.730.760.730.740.710.540.630.72-0.140.690.560.580.750.710.540.470.70.020.630.670.7-0.110.36
0.820.040.840.820.870.840.850.670.630.81-0.090.80.780.610.850.710.870.280.680.060.720.690.70.160.38
0.990.330.980.990.940.970.980.770.720.81-0.040.950.950.770.970.90.560.70.920.20.890.940.910.190.6
-0.08-0.29-0.03-0.09-0.14-0.14-0.06-0.16-0.14-0.09-0.04-0.060.090.08-0.16-0.22-0.150.15-0.11-0.09-0.14-0.05-0.170.53-0.14
0.980.490.990.950.920.950.990.850.690.80.95-0.060.940.730.950.920.590.710.870.450.850.950.870.170.78
0.940.340.960.920.880.910.960.730.560.780.950.090.940.710.910.840.490.680.860.270.850.910.850.360.64
0.760.260.760.770.640.680.750.620.580.610.770.080.730.710.690.590.450.580.790.150.740.780.70.230.46
0.980.380.960.980.981.00.970.830.750.850.97-0.160.950.910.690.960.680.570.910.230.880.910.930.030.64
0.940.520.90.930.930.960.920.860.710.710.9-0.220.920.840.590.960.620.590.880.390.830.90.92-0.130.76
0.62-0.020.610.630.740.680.620.60.540.870.56-0.150.590.490.450.680.62-0.020.560.040.580.510.6-0.140.32
0.690.430.70.670.50.590.680.490.470.280.70.150.710.680.580.570.59-0.020.640.410.510.750.530.260.59
0.920.350.890.920.880.910.90.720.70.680.92-0.110.870.860.790.910.880.560.640.180.960.970.980.080.62
0.30.790.310.190.20.250.310.50.020.060.2-0.090.450.270.150.230.390.040.410.180.180.370.2-0.110.87
0.880.380.870.870.880.890.880.730.630.720.89-0.140.850.850.740.880.830.580.510.960.180.930.960.210.6
0.950.470.950.930.880.920.950.80.670.690.94-0.050.950.910.780.910.90.510.750.970.370.930.940.180.75
0.910.410.880.920.920.940.90.770.70.70.91-0.170.870.850.70.930.920.60.530.980.20.960.940.020.64
0.12-0.150.230.080.030.040.20.03-0.110.160.190.530.170.360.230.03-0.13-0.140.260.08-0.110.210.180.02-0.07
0.680.810.680.60.60.650.680.770.360.380.6-0.140.780.640.460.640.760.320.590.620.870.60.750.64-0.07
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Changzhou Xingyu Account Relationship Matchups

Changzhou Xingyu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B11.4B11.9B13.2B14.8B15.5B
Other Current Liab60.1M174.9M54.6M108.6M54.1M59.2M
Total Current Liabilities3.4B3.9B3.7B4.1B4.9B5.1B
Total Stockholder Equity4.9B5.9B7.9B8.5B9.1B9.6B
Other Liab249.3M308.4M367.3M597.9M687.6M722.0M
Retained Earnings1.9B2.8B3.4B4.0B4.7B4.9B
Accounts Payable3.0B3.5B3.5B3.8B4.5B4.8B
Cash1.3B2.2B1.4B1.5B2.1B2.2B
Other Assets102.2M131.2M269.3M280.1M322.2M338.3M
Net Receivables1.7B862.1M1.1B1.3B3.1B3.2B
Inventory1.5B1.6B2.0B2.3B2.2B2.4B
Other Current Assets102.4M53.0M46.7M12.9M17.7M16.8M
Total Liab3.7B5.5B4.1B4.7B5.6B5.9B
Intangible Assets386.1M382.0M417.6M439.7M456.4M479.2M
Property Plant Equipment1.7B2.3B2.9B3.3B3.8B4.0B
Short Term Investments1.8B2.9B2.5B2.6B1.2B2.1B
Net Tangible Assets4.5B5.5B7.4B8.1B9.3B5.4B
Other Stockholder Equity1.1M151.9M(24.9M)10.5M12.1M18.9M
Deferred Long Term Liab81.2M67.2M77.6M107.9M124.1M66.3M
Total Current Assets6.3B8.6B8.2B9.0B10.0B7.3B
Non Current Assets Total2.2B2.8B3.7B4.3B4.8B3.0B
Non Currrent Assets Other2.2B44.6M175.2M153.6M76.6M72.8M
Non Current Liabilities Total249.3M1.6B371.0M598.0M742.4M540.3M
Non Current Liabilities Other12.3M30.2M26.1M50.4M59.2M62.2M
Net Invested Capital5.1B7.2B7.9B8.5B9.1B7.4B
Net Working Capital2.9B4.7B4.5B4.9B5.1B4.4B

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Other Information on Investing in Changzhou Stock

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