China Other Liab vs Good Will Analysis

601995 Stock   34.49  0.15  0.43%   
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 Other Liab and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China International Capital. 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 Good Will

Other Liab vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China International Other Liab account and Good Will. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between China International's Other Liab and Good Will is -0.53. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Good Will in the same time period over historical financial statements of China International Capital, assuming nothing else is changed. The correlation between historical values of China International's Other Liab and Good Will 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 China International Capital are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Liab i.e., China International's Other Liab and Good Will go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Liab

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 Capital. 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 26, 2024, Tax Provision is expected to decline to about 626.4 M. In addition to that, Selling General Administrative is expected to decline to about 227.1 M
 2021 2022 2023 2024 (projected)
Gross Profit26.0B23.2B21.5B20.1B
Total Revenue41.5B36.5B33.0B31.7B

China International fundamental ratios Correlations

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0.030.02-0.13-0.190.010.010.010.09-0.140.00.010.110.230.2-0.49-0.090.040.21-0.31-0.28-0.190.06-0.06-0.21-0.03
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0.98-0.130.98-0.840.990.980.980.940.990.99-0.960.970.910.920.720.960.980.910.870.950.950.971.00.980.99
-0.87-0.19-0.88-0.84-0.85-0.89-0.87-0.84-0.8-0.90.82-0.91-0.84-0.86-0.53-0.86-0.89-0.84-0.8-0.72-0.8-0.88-0.86-0.82-0.86
0.980.010.970.99-0.850.980.990.950.960.98-0.950.990.940.940.670.950.980.950.820.910.920.980.990.940.98
0.990.010.980.98-0.890.980.990.950.960.99-0.960.980.940.940.680.971.00.950.870.890.950.980.990.960.98
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0.98-0.140.980.99-0.80.960.960.970.950.97-0.960.940.880.920.630.90.970.890.810.980.940.970.980.970.99
0.990.00.990.99-0.90.980.990.990.950.97-0.970.990.940.950.650.950.990.940.860.910.940.991.00.960.99
-0.980.01-0.98-0.960.82-0.95-0.96-0.97-0.97-0.96-0.97-0.94-0.95-0.97-0.62-0.91-0.97-0.95-0.84-0.9-0.97-0.98-0.97-0.91-0.98
0.980.110.970.97-0.910.990.980.980.940.940.99-0.940.950.950.620.950.980.950.810.860.90.970.980.930.97
0.960.230.940.91-0.840.940.940.960.960.880.94-0.950.950.980.580.90.961.00.770.790.90.960.930.820.94
0.970.20.960.92-0.860.940.940.950.970.920.95-0.970.950.980.520.880.960.980.750.830.90.980.940.850.96
0.62-0.490.590.72-0.530.670.680.680.540.630.65-0.620.620.580.520.830.640.60.890.610.770.60.680.670.64
0.93-0.090.910.96-0.860.950.970.950.860.90.95-0.910.950.90.880.830.950.910.930.820.940.920.950.920.93
1.00.040.990.98-0.890.981.00.990.970.970.99-0.970.980.960.960.640.950.960.850.90.951.00.990.950.99
0.960.210.940.91-0.840.950.950.960.960.890.94-0.950.951.00.980.60.910.960.780.790.910.960.930.830.94
0.83-0.310.820.87-0.80.820.870.850.770.810.86-0.840.810.770.750.890.930.850.780.770.940.820.860.850.84
0.92-0.280.930.95-0.720.910.890.910.910.980.91-0.90.860.790.830.610.820.90.790.770.90.910.930.950.94
0.95-0.190.940.95-0.80.920.950.950.930.940.94-0.970.90.90.90.770.940.950.910.940.90.950.950.920.95
1.00.061.00.97-0.880.980.980.990.990.970.99-0.980.970.960.980.60.921.00.960.820.910.950.990.940.99
0.99-0.060.991.0-0.860.990.990.990.950.981.0-0.970.980.930.940.680.950.990.930.860.930.950.990.980.99
0.95-0.210.950.98-0.820.940.960.940.890.970.96-0.910.930.820.850.670.920.950.830.850.950.920.940.980.96
1.0-0.031.00.99-0.860.980.980.990.980.990.99-0.980.970.940.960.640.930.990.940.840.940.950.990.990.96
Click cells to compare fundamentals

China International Account Relationship Matchups

China International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets345.0B521.6B649.8B648.8B624.3B519.0B
Other Current Liab35.6B49.5B44.5B1.1B1.2B1.1B
Total Current Liabilities236.7B343.1B436.6B458.7B407.2B348.3B
Total Stockholder Equity48.3B71.6B84.4B99.2B104.6B76.5B
Other Liab3.2B1.1B1.4B1.4B1.3B1.6B
Net Tangible Assets39.2B46.4B69.7B82.4B94.7B59.7B
Net Debt125.5B167.0B185.2B188.7B203.8B167.4B
Retained Earnings15.7B22.9B32.4B29.4B32.8B24.3B
Accounts Payable96.5B149.4B235.5B201.2B177.8B156.7B
Cash24.0B47.2B66.1B85.8B72.1B52.6B
Non Current Assets Total19.2B27.8B31.0B34.3B34.7B26.8B
Non Currrent Assets Other1.2B360.8M86.1M90.8M240.8M228.7M
Other Assets5.3B8.9B14.1B14.6B16.8B10.3B
Long Term Debt57.6B104.6B125.8B87.3B106.9B90.5B
Net Receivables41.1B77.4B85.2B73.4B69.8B64.2B
Short Term Investments207.5B295.6B360.9B353.0B359.8B294.1B
Non Current Liabilities Total59.7B106.7B128.5B90.6B112.2B93.9B
Capital Lease Obligations1.5B1.2B2.0B2.4B4.4B4.6B
Other Current Assets231.2M401.1M928.2M1.4B1.0B699.8M
Other Stockholder Equity1.0B1.3B4.5B7.7B8.9B9.4B
Total Liab296.4B449.8B565.1B549.3B519.4B442.2B
Net Invested Capital197.7B285.8B335.8B373.7B380.5B296.6B
Short Long Term Debt91.8B109.5B125.6B187.3B169.0B129.5B
Total Current Assets297.0B457.5B576.1B614.4B589.6B467.0B
Net Working Capital89.0B150.8B182.2B155.7B182.5B143.9B
Intangible Assets285.1M310.8M432.7M803.9M1.1B1.1B
Property Plant Equipment597.2M3.3B3.0B4.1B4.7B2.5B

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.