Anhui Net Receivables vs Other Current Assets Analysis

603357 Stock   9.52  0.08  0.83%   
Anhui Transport financial indicator trend analysis is way more than just evaluating Anhui Transport Cons prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Transport Cons is a good investment. Please check the relationship between Anhui Transport Net Receivables and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Transport Consulting. 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.

Net Receivables vs Other Current Assets

Net Receivables vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Transport Cons Net Receivables account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Anhui Transport's Net Receivables and Other Current Assets is 0.43. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Anhui Transport Consulting, assuming nothing else is changed. The correlation between historical values of Anhui Transport's Net Receivables 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 Net Receivables of Anhui Transport Consulting 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 Net Receivables i.e., Anhui Transport's Net Receivables and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

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 Anhui Transport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Transport Cons 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 Anhui Transport Consulting. 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 66.1 M, whereas Selling General Administrative is forecasted to decline to about 157.8 M.
 2021 2022 2023 2024 (projected)
Operating Income497.9M540.9M680.0M431.4M
Total Revenue2.4B2.8B3.4B1.8B

Anhui Transport fundamental ratios Correlations

-0.620.790.96-0.810.970.880.93-0.020.45-0.260.080.070.780.850.880.810.96-0.86-0.350.94-0.79-0.850.760.99-0.35
-0.62-0.58-0.660.71-0.62-0.72-0.450.4-0.490.07-0.13-0.11-0.57-0.51-0.56-0.61-0.630.530.51-0.650.50.58-0.65-0.680.51
0.79-0.580.68-0.620.70.960.72-0.020.26-0.45-0.09-0.11.00.610.610.930.7-0.75-0.80.86-0.75-0.610.90.84-0.8
0.96-0.660.68-0.90.990.840.92-0.120.55-0.140.180.170.660.880.90.741.0-0.85-0.280.85-0.77-0.940.730.97-0.28
-0.810.71-0.62-0.9-0.86-0.79-0.750.49-0.65-0.14-0.23-0.2-0.6-0.79-0.67-0.67-0.90.750.38-0.690.710.92-0.72-0.860.38
0.97-0.620.70.99-0.860.850.92-0.050.45-0.230.150.10.690.910.910.790.98-0.89-0.290.89-0.82-0.90.750.96-0.29
0.88-0.720.960.84-0.790.850.8-0.10.39-0.360.02-0.020.950.760.740.940.84-0.84-0.70.91-0.83-0.780.910.93-0.7
0.93-0.450.720.92-0.750.920.80.040.29-0.36-0.120.110.710.750.830.770.92-0.76-0.290.83-0.7-0.830.660.92-0.29
-0.020.4-0.02-0.120.49-0.05-0.10.04-0.49-0.62-0.07-0.23-0.010.040.20.03-0.13-0.070.210.06-0.070.18-0.12-0.080.21
0.45-0.490.260.55-0.650.450.390.29-0.490.580.630.430.250.390.350.140.56-0.32-0.190.27-0.24-0.630.430.48-0.19
-0.260.07-0.45-0.14-0.14-0.23-0.36-0.36-0.620.580.430.42-0.46-0.2-0.39-0.55-0.120.320.32-0.420.380.01-0.26-0.250.32
0.08-0.13-0.090.18-0.230.150.02-0.12-0.070.630.43-0.07-0.10.40.3-0.150.18-0.320.1-0.02-0.3-0.30.110.090.1
0.07-0.11-0.10.17-0.20.1-0.020.11-0.230.430.42-0.07-0.11-0.15-0.04-0.140.180.230.09-0.090.36-0.250.130.090.09
0.78-0.571.00.66-0.60.690.950.71-0.010.25-0.46-0.1-0.110.590.60.930.68-0.74-0.80.85-0.74-0.60.890.82-0.8
0.85-0.510.610.88-0.790.910.760.750.040.39-0.20.4-0.150.590.890.710.87-0.97-0.220.8-0.94-0.840.670.85-0.22
0.88-0.560.610.9-0.670.910.740.830.20.35-0.390.3-0.040.60.890.690.88-0.88-0.250.8-0.82-0.820.670.87-0.25
0.81-0.610.930.74-0.670.790.940.770.030.14-0.55-0.15-0.140.930.710.690.75-0.82-0.70.88-0.83-0.660.870.85-0.7
0.96-0.630.71.0-0.90.980.840.92-0.130.56-0.120.180.180.680.870.880.75-0.85-0.320.83-0.77-0.950.750.97-0.32
-0.860.53-0.75-0.850.75-0.89-0.84-0.76-0.07-0.320.32-0.320.23-0.74-0.97-0.88-0.82-0.850.4-0.850.980.79-0.78-0.870.4
-0.350.51-0.8-0.280.38-0.29-0.7-0.290.21-0.190.320.10.09-0.8-0.22-0.25-0.7-0.320.4-0.420.450.32-0.8-0.471.0
0.94-0.650.860.85-0.690.890.910.830.060.27-0.42-0.02-0.090.850.80.80.880.83-0.85-0.42-0.81-0.690.750.92-0.42
-0.790.5-0.75-0.770.71-0.82-0.83-0.7-0.07-0.240.38-0.30.36-0.74-0.94-0.82-0.83-0.770.980.45-0.810.74-0.74-0.810.45
-0.850.58-0.61-0.940.92-0.9-0.78-0.830.18-0.630.01-0.3-0.25-0.6-0.84-0.82-0.66-0.950.790.32-0.690.74-0.71-0.890.32
0.76-0.650.90.73-0.720.750.910.66-0.120.43-0.260.110.130.890.670.670.870.75-0.78-0.80.75-0.74-0.710.84-0.8
0.99-0.680.840.97-0.860.960.930.92-0.080.48-0.250.090.090.820.850.870.850.97-0.87-0.470.92-0.81-0.890.84-0.47
-0.350.51-0.8-0.280.38-0.29-0.7-0.290.21-0.190.320.10.09-0.8-0.22-0.25-0.7-0.320.41.0-0.420.450.32-0.8-0.47
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Anhui Transport Account Relationship Matchups

Anhui Transport fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B4.1B4.4B5.6B6.5B3.4B
Other Current Liab235.8M417.9M410.8M13.6M16.0M15.2M
Total Current Liabilities1.0B1.4B1.5B2.4B3.0B3.2B
Total Stockholder Equity2.3B2.6B2.9B3.1B3.4B1.9B
Other Liab15.6M10.6M9.1M7.8M7.0M6.7M
Retained Earnings1.1B1.4B1.7B1.7B1.9B955.2M
Accounts Payable706.2M924.8M956.9M1.5B1.6B1.7B
Cash512.3M1.1B1.1B1.1B1.3B774.8M
Other Assets80.4M98.8M116.2M122.9M110.6M80.1M
Net Receivables1.8B666.4M909.5M1.1B1.2B1.1B
Inventory91.0M198.4K249.9K346.9K535.2K508.5K
Other Current Assets4.5M12.2M23.1M12.3M7.9M7.5M
Total Liab1.0B1.5B1.5B2.4B3.0B3.2B
Intangible Assets93.8M88.6M88.6M86.7M84.8M49.5M
Property Plant Equipment135.8M143.9M259.1M383.5M441.0M463.1M
Net Tangible Assets2.1B2.3B2.5B2.8B3.2B2.0B
Non Current Assets Total445.1M583.9M729.2M1.3B1.2B689.5M
Non Currrent Assets Other11.6M320.7K85.5K806.2K725.6K689.3K
Non Current Liabilities Total10.6M9.1M9.5M12.5M15.5M14.1M
Total Current Assets2.9B3.5B3.7B4.4B5.3B3.6B
Net Invested Capital2.3B2.6B2.9B3.3B3.7B3.0B
Net Working Capital1.9B2.0B2.2B1.9B2.3B2.2B

Currently Active Assets on Macroaxis

Other Information on Investing in Anhui Stock

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