China Non Currrent Assets Other vs Other Current Assets Analysis

601888 Stock   69.55  1.27  1.86%   
China International financial indicator trend analysis is way more than just evaluating China International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China International is a good investment. Please check the relationship between China International Non Currrent Assets Other and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China International Travel. 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 Currrent Assets Other vs Other Current Assets

Non Currrent Assets Other vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China International Non Currrent Assets Other account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between China International's Non Currrent Assets Other and Other Current Assets is 0.83. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of China International Travel, assuming nothing else is changed. The correlation between historical values of China International's Non Currrent Assets Other and Other Current Assets 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 Currrent Assets Other of China International Travel are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Currrent Assets Other i.e., China International's Non Currrent Assets Other and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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.
Most indicators from China International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China International 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 International Travel. 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 1.7 B, whereas Selling General Administrative is forecasted to decline to about 5.1 B.
 2021 2022 2023 2024 (projected)
Operating Income15.1B8.3B8.3B4.8B
Total Revenue67.7B54.4B67.5B34.1B

China International fundamental ratios Correlations

-0.060.810.990.050.990.980.980.920.87-0.760.970.720.970.70.690.960.770.850.97-0.870.820.780.920.920.82
-0.060.39-0.170.160.040.04-0.150.260.24-0.140.05-0.440.150.410.35-0.160.330.23-0.27-0.030.220.15-0.030.05-0.13
0.810.390.740.090.830.880.720.870.85-0.730.890.250.910.880.830.730.880.820.67-0.790.930.740.90.920.51
0.99-0.170.740.050.970.950.990.880.82-0.710.940.790.920.650.640.950.720.810.98-0.830.770.770.90.890.84
0.050.160.090.050.090.10.070.240.130.430.02-0.020.040.370.49-0.090.450.44-0.040.350.040.39-0.010.010.3
0.990.040.830.970.090.970.960.950.9-0.770.960.690.980.750.720.950.80.880.94-0.860.840.810.90.930.82
0.980.040.880.950.10.970.940.940.9-0.770.990.580.980.770.750.920.830.880.91-0.860.870.780.940.950.74
0.98-0.150.720.990.070.960.940.880.8-0.70.910.810.910.630.670.930.710.80.97-0.80.740.80.880.860.85
0.920.260.870.880.240.950.940.880.95-0.720.920.540.950.840.780.820.910.960.83-0.740.880.80.850.890.79
0.870.240.850.820.130.90.90.80.95-0.780.910.440.90.830.70.780.840.880.79-0.730.920.710.830.870.64
-0.76-0.14-0.73-0.710.43-0.77-0.77-0.7-0.72-0.78-0.81-0.43-0.82-0.5-0.39-0.76-0.52-0.56-0.750.9-0.77-0.49-0.77-0.79-0.47
0.970.050.890.940.020.960.990.910.920.91-0.810.540.990.760.70.920.810.860.91-0.890.880.730.940.950.7
0.72-0.440.250.79-0.020.690.580.810.540.44-0.430.540.550.190.330.730.320.470.82-0.530.360.60.540.510.83
0.970.150.910.920.040.980.980.910.950.9-0.820.990.550.770.730.920.830.880.89-0.910.880.770.920.950.73
0.70.410.880.650.370.750.770.630.840.83-0.50.760.190.770.840.550.850.80.54-0.520.830.730.750.760.44
0.690.350.830.640.490.720.750.670.780.7-0.390.70.330.730.840.550.860.790.55-0.490.730.930.740.740.58
0.96-0.160.730.95-0.090.950.920.930.820.78-0.760.920.730.920.550.550.660.750.95-0.910.770.670.870.90.78
0.770.330.880.720.450.80.830.710.910.84-0.520.810.320.830.850.860.660.960.65-0.570.870.780.810.850.71
0.850.230.820.810.440.880.880.80.960.88-0.560.860.470.880.80.790.750.960.76-0.620.830.780.790.840.82
0.97-0.270.670.98-0.040.940.910.970.830.79-0.750.910.820.890.540.550.950.650.76-0.840.740.710.880.870.84
-0.87-0.03-0.79-0.830.35-0.86-0.86-0.8-0.74-0.730.9-0.89-0.53-0.91-0.52-0.49-0.91-0.57-0.62-0.84-0.77-0.56-0.86-0.88-0.57
0.820.220.930.770.040.840.870.740.880.92-0.770.880.360.880.830.730.770.870.830.74-0.770.680.920.950.58
0.780.150.740.770.390.810.780.80.80.71-0.490.730.60.770.730.930.670.780.780.71-0.560.680.770.750.74
0.92-0.030.90.9-0.010.90.940.880.850.83-0.770.940.540.920.750.740.870.810.790.88-0.860.920.770.980.67
0.920.050.920.890.010.930.950.860.890.87-0.790.950.510.950.760.740.90.850.840.87-0.880.950.750.980.7
0.82-0.130.510.840.30.820.740.850.790.64-0.470.70.830.730.440.580.780.710.820.84-0.570.580.740.670.7
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China International Account Relationship Matchups

China International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.7B41.9B55.5B75.9B78.9B82.8B
Other Current Liab3.0B9.1B5.8B39.8M72.5M68.9M
Total Current Liabilities8.4B15.7B17.1B17.5B15.3B7.8B
Total Stockholder Equity19.9B22.3B29.6B48.6B53.8B56.5B
Other Liab496.0M466.8M79.5M59.7M68.6M121.0M
Retained Earnings14.0B18.7B26.4B27.4B32.5B34.1B
Accounts Payable3.6B4.3B5.9B7.7B6.4B6.7B
Cash11.9B14.7B16.9B26.9B31.8B33.4B
Other Assets2.2B3.0B4.1B3.7B4.3B4.5B
Net Receivables1.2B128.7M106.0M151.3M138.8M131.9M
Inventory9.0B14.7B19.7B27.9B21.1B22.1B
Other Current Assets477.8M299.9M357.7M975.5M3.7B3.9B
Total Liab8.4B15.7B20.7B21.8B19.7B20.7B
Intangible Assets2.5B2.4B2.4B2.5B2.1B1.2B
Property Plant Equipment2.8B2.1B2.8B9.0B10.4B10.9B
Net Tangible Assets16.8B19.0B26.4B44.9B51.7B54.2B
Other Stockholder Equity24.5M124.6M(324.3M)(601.8M)(541.6M)(514.5M)
Deferred Long Term Liab336.7M647.8M717.3M812.5M934.3M520.5M
Total Current Assets23.1B31.0B38.5B57.2B58.5B33.0B
Non Current Assets Total8.4B10.9B16.9B18.7B20.4B12.4B
Non Currrent Assets Other515.0M551.9M570.3M570.2M1.9B2.0B
Non Current Liabilities Total415.4M79.5M3.5B4.3B4.4B4.6B
Short Long Term Debt223.9M417.4M411.3M1.9B369.4M533.4M
Net Invested Capital20.1B22.7B30.0B53.0B56.7B33.5B
Net Working Capital14.3B15.3B21.4B39.7B43.1B24.7B

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

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