Bank Other Liab vs Other Assets Analysis

601988 Stock   4.91  0.05  1.01%   
Bank of China financial indicator trend analysis is way more than just evaluating Bank of China prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of China is a good investment. Please check the relationship between Bank of China Other Liab and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of China. 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.

Other Liab vs Other Assets

Other Liab vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of China Other Liab account and Other Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Bank of China's Other Liab and Other Assets is 1.0. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Assets in the same time period over historical financial statements of Bank of China, assuming nothing else is changed. The correlation between historical values of Bank of China's Other Liab and Other 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 Other Liab of Bank of China are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Liab i.e., Bank of China's Other Liab and Other Assets go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Liab

Other Assets

Most indicators from Bank of China's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of China 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 Bank of China. 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.
As of November 25, 2024, Selling General Administrative is expected to decline to about 42.5 B. In addition to that, Tax Provision is expected to decline to about 48 B
 2023 2024 (projected)
Gross Profit514.5B452.3B
Total Revenue621.9B591.3B

Bank of China fundamental ratios Correlations

-0.720.991.00.980.990.850.990.490.990.79-0.950.730.92-0.34-0.870.921.00.910.460.890.980.890.98-0.490.96
-0.72-0.72-0.74-0.77-0.7-0.74-0.77-0.58-0.73-0.980.72-0.64-0.86-0.320.73-0.54-0.72-0.78-0.1-0.7-0.63-0.7-0.80.33-0.74
0.99-0.720.990.991.00.851.00.541.00.79-0.950.680.94-0.33-0.850.90.990.890.450.910.980.910.97-0.420.97
1.0-0.740.990.990.990.890.990.520.990.81-0.960.710.94-0.3-0.870.920.990.890.440.880.960.880.98-0.450.97
0.98-0.770.990.990.990.881.00.571.00.83-0.960.670.97-0.24-0.850.870.980.880.40.910.960.910.98-0.360.98
0.99-0.71.00.990.990.850.990.551.00.78-0.960.640.93-0.32-0.830.90.990.870.480.890.980.890.97-0.380.96
0.85-0.740.850.890.880.850.850.630.860.76-0.890.620.86-0.15-0.780.820.850.650.190.790.770.790.9-0.250.85
0.99-0.771.00.991.00.990.850.541.00.84-0.950.70.96-0.26-0.870.880.990.910.420.910.970.910.98-0.430.98
0.49-0.580.540.520.570.550.630.540.550.54-0.590.190.560.05-0.430.510.490.440.320.450.480.450.53-0.110.5
0.99-0.731.00.991.01.00.861.00.550.8-0.960.660.95-0.3-0.840.890.990.880.450.910.970.910.98-0.390.97
0.79-0.980.790.810.830.780.760.840.540.8-0.780.680.920.22-0.790.60.790.820.150.80.710.80.87-0.360.83
-0.950.72-0.95-0.96-0.96-0.96-0.89-0.95-0.59-0.96-0.78-0.56-0.910.250.78-0.9-0.95-0.8-0.56-0.8-0.9-0.8-0.950.38-0.91
0.73-0.640.680.710.670.640.620.70.190.660.68-0.560.67-0.24-0.90.710.730.79-0.050.690.660.690.74-0.740.74
0.92-0.860.940.940.970.930.860.960.560.950.92-0.910.67-0.01-0.840.760.920.850.250.890.860.890.95-0.30.97
-0.34-0.32-0.33-0.3-0.24-0.32-0.15-0.260.05-0.30.220.25-0.24-0.010.3-0.54-0.34-0.2-0.41-0.28-0.44-0.28-0.250.44-0.25
-0.870.73-0.85-0.87-0.85-0.83-0.78-0.87-0.43-0.84-0.790.78-0.9-0.840.3-0.86-0.87-0.87-0.16-0.84-0.84-0.84-0.890.69-0.91
0.92-0.540.90.920.870.90.820.880.510.890.6-0.90.710.76-0.54-0.860.920.810.530.730.910.730.87-0.640.86
1.0-0.720.990.990.980.990.850.990.490.990.79-0.950.730.92-0.34-0.870.920.910.460.890.980.890.98-0.490.96
0.91-0.780.890.890.880.870.650.910.440.880.82-0.80.790.85-0.2-0.870.810.910.410.780.910.780.88-0.650.87
0.46-0.10.450.440.40.480.190.420.320.450.15-0.56-0.050.25-0.41-0.160.530.460.410.150.510.150.36-0.330.29
0.89-0.70.910.880.910.890.790.910.450.910.8-0.80.690.89-0.28-0.840.730.890.780.150.861.00.93-0.310.93
0.98-0.630.980.960.960.980.770.970.480.970.71-0.90.660.86-0.44-0.840.910.980.910.510.860.860.93-0.480.93
0.89-0.70.910.880.910.890.790.910.450.910.8-0.80.690.89-0.28-0.840.730.890.780.151.00.860.93-0.310.93
0.98-0.80.970.980.980.970.90.980.530.980.87-0.950.740.95-0.25-0.890.870.980.880.360.930.930.93-0.450.97
-0.490.33-0.42-0.45-0.36-0.38-0.25-0.43-0.11-0.39-0.360.38-0.74-0.30.440.69-0.64-0.49-0.65-0.33-0.31-0.48-0.31-0.45-0.42
0.96-0.740.970.970.980.960.850.980.50.970.83-0.910.740.97-0.25-0.910.860.960.870.290.930.930.930.97-0.42
Click cells to compare fundamentals

Bank of China Account Relationship Matchups

Bank of China fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.8T24.4T26.7T28.9T32.4T25.8T
Other Current Liab105.9B145.2B152.5B125.7B113.1B117.8B
Total Current Liabilities18.0T19.2T20.6T22.3T25.7T19.8T
Total Stockholder Equity1.9T2.0T2.2T2.4T2.6T2.1T
Other Liab356.3B407.2B452.8B493.8B567.8B400.9B
Net Tangible Assets1.5T1.7T1.9T2.1T2.4T1.7T
Retained Earnings1.2T1.3T1.5T1.6T1.1T1.3T
Accounts Payable14.9T15.9T16.9T17.9T20.6T16.4T
Cash5.7T3.8T24.7T4.1T4.5T7.5T
Other Assets11.6T12.8T13.9T15.4T17.7T13.1T
Net Receivables929.2B771.9B490.9B377.1B339.4B591.2B
Good Will2.6B2.7B2.5B2.7B2.7B2.8B
Inventory2.3B2.4B2.1B2.0B1.8B1.9B
Other Current Assets1.8T1.7T1.7T1.8T1.6T1.5T
Other Stockholder Equity3.6B61.9B136.6B203.4B234.0B245.7B
Total Liab20.8T22.2T24.4T26.3T29.7T23.6T
Deferred Long Term Liab3.3B3.2B3.2B3.3B3.8B3.5B
Long Term Investments634.8B3.7T6.3T4.2T7.3T4.2T
Total Current Assets4.6T4.5T4.9T5.2T6.0T4.9T
Intangible Assets20.3B22.1B23.1B24.8B26.4B22.4B
Property Plant Equipment227.4B267.4B271.4B266.4B306.4B253.8B
Net Invested Capital3.3T3.4T3.8T4.2T4.7T3.8T

Currently Active Assets on Macroaxis

Other Information on Investing in Bank Stock

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