China Other Current Assets vs Deferred Long Term Liab Analysis

601916 Stock   2.90  0.02  0.69%   
China Zheshang financial indicator trend analysis is way more than just evaluating China Zheshang Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Zheshang Bank is a good investment. Please check the relationship between China Zheshang Other Current Assets and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Zheshang Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Assets vs Deferred Long Term Liab

Other Current Assets vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Zheshang Bank Other Current Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Zheshang's Other Current Assets and Deferred Long Term Liab is 0.7. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of China Zheshang Bank, assuming nothing else is changed. The correlation between historical values of China Zheshang's Other Current Assets and Deferred Long Term 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 Other Current Assets of China Zheshang Bank are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Other Current Assets i.e., China Zheshang's Other Current Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from China Zheshang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Zheshang Bank 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 Zheshang Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of November 30, 2024, Tax Provision is expected to decline to about 1.8 B. In addition to that, Selling General Administrative is expected to decline to about 3.5 B
 2021 2022 2023 2024 (projected)
Net Interest Income42.0B47.1B47.5B38.7B
Tax Provision2.1B1.8B2.0B1.8B

China Zheshang fundamental ratios Correlations

-0.640.980.970.860.990.79-0.240.320.98-0.640.90.910.891.00.950.990.880.950.940.930.830.980.70.910.87
-0.64-0.69-0.5-0.35-0.52-0.370.47-0.7-0.530.34-0.58-0.79-0.62-0.65-0.52-0.62-0.53-0.53-0.48-0.6-0.36-0.56-0.37-0.64-0.79
0.98-0.690.930.790.950.73-0.240.410.95-0.520.860.890.860.980.930.980.880.880.890.880.790.960.740.870.89
0.97-0.50.930.920.980.88-0.110.110.99-0.630.890.850.860.960.970.970.860.950.980.890.880.960.630.860.74
0.86-0.350.790.920.890.86-0.04-0.140.93-0.590.780.780.660.850.920.890.750.920.970.830.930.830.360.780.59
0.99-0.520.950.980.890.84-0.110.220.99-0.670.880.850.870.980.950.980.880.950.960.90.830.970.680.870.8
0.79-0.370.730.880.860.840.26-0.030.87-0.590.810.660.720.770.810.810.790.760.880.620.790.770.310.560.44
-0.240.47-0.24-0.11-0.04-0.110.26-0.32-0.090.13-0.2-0.32-0.33-0.25-0.19-0.170.0-0.32-0.06-0.48-0.14-0.25-0.41-0.56-0.58
0.32-0.70.410.11-0.140.22-0.03-0.320.14-0.270.340.350.420.330.070.270.40.110.020.25-0.160.30.490.290.59
0.98-0.530.950.990.930.990.87-0.090.14-0.590.870.880.820.970.980.990.870.940.990.880.890.950.60.850.76
-0.640.34-0.52-0.63-0.59-0.67-0.590.13-0.27-0.59-0.71-0.57-0.67-0.64-0.48-0.6-0.62-0.71-0.61-0.71-0.34-0.62-0.4-0.68-0.55
0.9-0.580.860.890.780.880.81-0.20.340.87-0.710.770.90.890.820.870.950.860.820.830.730.910.670.810.73
0.91-0.790.890.850.780.850.66-0.320.350.88-0.570.770.70.910.850.910.760.880.870.890.70.820.480.880.84
0.89-0.620.860.860.660.870.72-0.330.420.82-0.670.90.70.890.810.840.80.820.760.820.690.930.780.830.84
1.0-0.650.980.960.850.980.77-0.250.330.97-0.640.890.910.890.950.990.880.950.930.930.820.980.710.910.88
0.95-0.520.930.970.920.950.81-0.190.070.98-0.480.820.850.810.950.970.790.930.970.880.950.940.590.850.77
0.99-0.620.980.970.890.980.81-0.170.270.99-0.60.870.910.840.990.970.880.940.960.910.860.960.640.880.84
0.88-0.530.880.860.750.880.790.00.40.87-0.620.950.760.80.880.790.880.780.810.740.680.880.660.710.68
0.95-0.530.880.950.920.950.76-0.320.110.94-0.710.860.880.820.950.930.940.780.950.980.850.920.590.950.81
0.94-0.480.890.980.970.960.88-0.060.020.99-0.610.820.870.760.930.970.960.810.950.880.90.90.480.830.7
0.93-0.60.880.890.830.90.62-0.480.250.88-0.710.830.890.820.930.880.910.740.980.880.760.910.670.990.89
0.83-0.360.790.880.930.830.79-0.14-0.160.89-0.340.730.70.690.820.950.860.680.850.90.760.830.420.730.6
0.98-0.560.960.960.830.970.77-0.250.30.95-0.620.910.820.930.980.940.960.880.920.90.910.830.780.890.86
0.7-0.370.740.630.360.680.31-0.410.490.6-0.40.670.480.780.710.590.640.660.590.480.670.420.780.690.74
0.91-0.640.870.860.780.870.56-0.560.290.85-0.680.810.880.830.910.850.880.710.950.830.990.730.890.690.91
0.87-0.790.890.740.590.80.44-0.580.590.76-0.550.730.840.840.880.770.840.680.810.70.890.60.860.740.91
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China Zheshang Account Relationship Matchups

China Zheshang fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8T2.0T2.3T2.6T3.1T2.3T
Other Current Liab19.1B13.6B21.1B5.9B5.3B5.1B
Total Current Liabilities1.3T1.6T1.7T2.0T2.3T1.7T
Total Stockholder Equity126.2B130.5B164.2B162.9B186.2B141.2B
Other Liab12.7B14.3B11.6B12.6B14.5B10.7B
Net Tangible Assets111.0B115.3B147.0B160.6B184.7B119.2B
Retained Earnings55.7B62.0B70.4B82.2B49.5B59.1B
Accounts Payable1.3T1.5T1.6T1.9T36.2B34.4B
Cash158.7B201.7B200.0B253.5B255.3B233.8B
Other Assets1.0T1.2T1.4T1.6T1.8T1.1T
Inventory10M731M900M808M929.2M975.7M
Other Current Assets134.6B150.5B125.7B154.1B177.2B147.2B
Other Stockholder Equity2.3B261M25.6B27.2B31.3B32.8B
Total Liab1.7T1.9T2.1T2.5T3.0T2.1T
Long Term Investments553.2B551.8B666.1B766.0B1.0T627.1B
Total Current Assets358.0B420.0B424.5B517.2B594.8B411.4B
Intangible Assets267.4M2.1B2.2B2.3B2.3B1.6B
Property Plant Equipment17.8B18.3B17.6B21.7B25.0B15.0B
Deferred Long Term Liab870.7M723.6M734M768M883.2M766.1M
Net Invested Capital333.4B368.2B484.9B486.0B582.2B453.1B
Net Debt27.3B36.1B120.7B69.5B140.6B82.7B

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

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