China Non Currrent Assets Other vs Other Current Liab Analysis

603505 Stock   24.75  1.02  4.30%   
China Kings financial indicator trend analysis is way more than just evaluating China Kings Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Kings Resources is a good investment. Please check the relationship between China Kings Non Currrent Assets Other and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Kings Resources. 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.

Non Currrent Assets Other vs Other Current Liab

Non Currrent Assets Other vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Kings Resources Non Currrent Assets Other account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China Kings' Non Currrent Assets Other and Other Current Liab is 0.4. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of China Kings Resources, assuming nothing else is changed. The correlation between historical values of China Kings' Non Currrent Assets Other and Other Current 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 Non Currrent Assets Other of China Kings Resources are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Non Currrent Assets Other i.e., China Kings' Non Currrent Assets Other and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

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 Liab

Most indicators from China Kings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Kings Resources 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 Kings Resources. 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 February 27, 2025, Selling General Administrative is expected to decline to about 48.1 M. In addition to that, Tax Provision is expected to decline to about 53 M
 2022 2023 2024 2025 (projected)
Operating Income307.5M441.3M507.5M532.9M
Total Revenue1.1B1.9B2.2B2.3B

China Kings fundamental ratios Correlations

-0.050.990.96-0.360.910.970.640.30.90.980.940.990.40.970.960.980.78-0.750.99-0.040.970.810.990.860.83
-0.05-0.10.230.020.37-0.280.620.140.12-0.2-0.35-0.150.80.090.12-0.210.48-0.48-0.160.4-0.27-0.23-0.020.330.36
0.99-0.10.94-0.350.870.980.580.270.910.990.951.00.350.940.940.980.74-0.70.98-0.020.960.810.990.820.82
0.960.230.94-0.330.980.870.790.340.920.90.810.930.610.970.970.90.9-0.850.920.070.860.720.960.920.91
-0.360.02-0.35-0.33-0.32-0.39-0.340.07-0.35-0.38-0.32-0.360.06-0.29-0.31-0.4-0.360.35-0.420.05-0.41-0.39-0.41-0.41-0.35
0.910.370.870.98-0.320.780.870.370.840.820.730.860.70.940.950.820.93-0.910.850.090.790.650.910.950.9
0.97-0.280.980.87-0.390.780.460.250.860.990.980.990.180.90.890.990.64-0.60.99-0.10.990.840.960.750.72
0.640.620.580.79-0.340.870.460.40.590.510.390.570.760.70.720.530.92-0.950.570.090.510.530.660.910.8
0.30.140.270.340.070.370.250.40.250.270.240.280.110.380.310.250.39-0.380.29-0.130.270.210.320.420.28
0.90.120.910.92-0.350.840.860.590.250.870.770.880.450.890.890.860.79-0.660.870.160.80.720.890.790.9
0.98-0.20.990.9-0.380.820.990.510.270.870.960.990.230.90.890.980.68-0.650.99-0.070.980.820.980.780.76
0.94-0.350.950.81-0.320.730.980.390.240.770.960.960.120.860.850.960.57-0.540.96-0.240.970.780.920.690.63
0.99-0.151.00.93-0.360.860.990.570.280.880.990.960.320.940.940.990.72-0.690.99-0.070.980.830.980.810.79
0.40.80.350.610.060.70.180.760.110.450.230.120.320.530.580.260.7-0.720.290.310.210.190.380.610.64
0.970.090.940.97-0.290.940.90.70.380.890.90.860.940.530.990.930.84-0.770.94-0.040.90.750.950.880.85
0.960.120.940.97-0.310.950.890.720.310.890.890.850.940.580.990.930.85-0.790.930.020.90.770.940.880.86
0.98-0.210.980.9-0.40.820.990.530.250.860.980.960.990.260.930.930.69-0.651.0-0.10.990.840.970.790.76
0.780.480.740.9-0.360.930.640.920.390.790.680.570.720.70.840.850.69-0.870.720.140.640.670.790.960.91
-0.75-0.48-0.7-0.850.35-0.91-0.6-0.95-0.38-0.66-0.65-0.54-0.69-0.72-0.77-0.79-0.65-0.87-0.70.02-0.65-0.56-0.77-0.9-0.77
0.99-0.160.980.92-0.420.850.990.570.290.870.990.960.990.290.940.931.00.72-0.7-0.10.990.820.980.820.78
-0.040.4-0.020.070.050.09-0.10.09-0.130.16-0.07-0.24-0.070.31-0.040.02-0.10.140.02-0.1-0.17-0.01-0.030.080.25
0.97-0.270.960.86-0.410.790.990.510.270.80.980.970.980.210.90.90.990.64-0.650.99-0.170.830.960.770.7
0.81-0.230.810.72-0.390.650.840.530.210.720.820.780.830.190.750.770.840.67-0.560.82-0.010.830.790.760.72
0.99-0.020.990.96-0.410.910.960.660.320.890.980.920.980.380.950.940.970.79-0.770.98-0.030.960.790.870.84
0.860.330.820.92-0.410.950.750.910.420.790.780.690.810.610.880.880.790.96-0.90.820.080.770.760.870.9
0.830.360.820.91-0.350.90.720.80.280.90.760.630.790.640.850.860.760.91-0.770.780.250.70.720.840.9
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China Kings Account Relationship Matchups

China Kings fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.0B2.2B3.1B5.0B5.8B6.1B
Other Current Liab132.3M159.7M107.4M18.6M21.4M20.3M
Total Current Liabilities617.3M643.2M857.7M1.8B2.1B2.2B
Total Stockholder Equity1.1B1.3B1.4B1.6B1.9B2.0B
Other Liab78.5M75.9M75.5M61.4M55.3M64.9M
Retained Earnings768.8M942.1M967.4M965.1M1.1B1.2B
Accounts Payable59.6M69.4M301.5M824.1M947.8M995.1M
Cash275.2M290.5M292.0M231.4M266.1M139.1M
Other Assets5.7M11.4M28.4M18.4M21.2M11.9M
Net Receivables89.2M161.6M166.6M283.9M326.5M342.8M
Inventory98.3M105.4M122.8M443.6M510.1M535.6M
Other Current Assets1.9M40.7M61.2M176.8M203.3M213.5M
Total Liab860.5M845.8M1.5B2.9B3.3B3.5B
Intangible Assets462.1M441.2M522.9M280.7M322.8M350.2M
Property Plant Equipment820.4M830.4M886.0M1.6B1.9B1.9B
Long Term Debt167.3M124.0M549.4M1.0B1.2B1.3B
Net Tangible Assets520.5M619.4M845.8M830.4M954.9M556.5M
Other Stockholder Equity(17.6M)(17.4M)(18.2M)(18.6M)(16.7M)(15.9M)
Non Current Assets Total1.3B1.4B2.2B3.4B3.9B4.1B
Non Currrent Assets Other831.9M6.9M11.6M34.6M31.2M29.6M
Non Current Liabilities Total243.1M202.5M614.5M1.1B1.3B1.3B
Short Long Term Debt337.2M196.1M404.2M581.2M668.4M375.7M
Total Current Assets660.8M799.4M817.8M1.6B1.9B2.0B
Non Current Liabilities Other13.3M15.0M15.0M16.2M18.6M13.4M
Net Debt229.3M29.7M661.6M1.4B1.6B1.7B
Deferred Long Term Liab155.3K103.6K51.8K271.2K311.8K173.6K
Net Invested Capital1.6B1.6B2.3B3.3B3.7B2.0B
Net Working Capital43.5M156.2M(39.8M)(180.6M)(207.6M)(197.3M)
Property Plant And Equipment Net830.4M886.0M1.6B2.9B3.3B3.5B
Property Plant And Equipment Gross1.4B1.5B1.6B3.9B4.5B4.7B

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

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