China Total Liab vs Net Receivables Analysis

603505 Stock

22.83 0.12 0.53%

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 Total Liab and its Net Receivables 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.

Total Liab vs Net Receivables

Total Liab vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Kings Resources Total Liab account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.

The correlation between China Kings' Total Liab and Net Receivables is 0.9. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Receivables 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' Total Liab and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of China Kings Resources are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Liab i.e., China Kings' Total Liab and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Net Receivables

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.

The current year's Tax Provision is expected to grow to about 51.8 M, whereas Selling General Administrative is forecasted to decline to about 49.2 M.

	2022	2023	2024	2025 (projected)
Operating Income	307.5M	441.3M	314.6M	219.4M
Total Revenue	1.1B	1.9B	2.8B	2.9B

Operating Income Total Revenue

China Kings fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Net Tangible Assets	Other Stockholder Equity	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Short Term Debt
Total Assets		-0.08	0.98	0.76	-0.36	0.7	0.96	0.87	0.29	0.92	0.97	0.88	0.99	0.66	0.95	0.95	0.99	0.75	-0.71	0.99	-0.02	0.97	0.95	0.99	0.85	0.83
Other Current Liab	-0.08		-0.17	0.42	0.02	0.54	-0.29	0.35	0.14	0.06	-0.25	-0.33	-0.19	0.46	0.09	0.13	-0.22	0.49	-0.49	-0.18	0.39	-0.27	-0.3	-0.08	0.32	0.37
Total Current Liabilities	0.98	-0.17		0.66	-0.35	0.59	0.99	0.82	0.24	0.91	0.99	0.84	1.0	0.62	0.9	0.9	0.98	0.65	-0.61	0.98	-0.02	0.97	0.98	0.99	0.78	0.79
Total Stockholder Equity	0.76	0.42	0.66		-0.29	0.98	0.58	0.84	0.38	0.76	0.59	0.65	0.67	0.8	0.85	0.86	0.7	0.98	-0.87	0.71	0.15	0.65	0.55	0.73	0.95	0.89
Other Liab	-0.36	0.02	-0.35	-0.29		-0.28	-0.37	-0.39	0.07	-0.36	-0.36	-0.3	-0.36	-0.13	-0.29	-0.31	-0.4	-0.36	0.35	-0.41	0.04	-0.41	-0.37	-0.4	-0.41	-0.35
Retained Earnings	0.7	0.54	0.59	0.98	-0.28		0.49	0.85	0.4	0.68	0.51	0.57	0.6	0.81	0.81	0.83	0.62	0.98	-0.91	0.64	0.16	0.59	0.47	0.68	0.95	0.85
Accounts Payable	0.96	-0.29	0.99	0.58	-0.37	0.49		0.75	0.22	0.88	1.0	0.85	0.99	0.54	0.86	0.85	0.97	0.57	-0.54	0.98	-0.08	0.97	0.99	0.97	0.71	0.72
Cash	0.87	0.35	0.82	0.84	-0.39	0.85	0.75		0.37	0.81	0.78	0.62	0.82	0.79	0.89	0.89	0.8	0.87	-0.92	0.83	0.04	0.79	0.74	0.88	0.93	0.88
Other Assets	0.29	0.14	0.24	0.38	0.07	0.4	0.22	0.37		0.24	0.23	0.26	0.25	0.22	0.38	0.31	0.25	0.39	-0.38	0.28	-0.12	0.27	0.17	0.29	0.42	0.28
Net Receivables	0.92	0.06	0.91	0.76	-0.36	0.68	0.88	0.81	0.24		0.88	0.73	0.9	0.66	0.9	0.9	0.9	0.77	-0.64	0.9	0.15	0.85	0.86	0.92	0.8	0.89
Inventory	0.97	-0.25	0.99	0.59	-0.36	0.51	1.0	0.78	0.23	0.88		0.83	0.99	0.56	0.86	0.85	0.97	0.59	-0.57	0.97	-0.06	0.96	0.99	0.98	0.73	0.74
Other Current Assets	0.88	-0.33	0.84	0.65	-0.3	0.57	0.85	0.62	0.26	0.73	0.83		0.87	0.38	0.83	0.82	0.91	0.58	-0.55	0.89	-0.25	0.91	0.81	0.85	0.71	0.55
Total Liab	0.99	-0.19	1.0	0.67	-0.36	0.6	0.99	0.82	0.25	0.9	0.99	0.87		0.61	0.92	0.91	0.99	0.66	-0.63	0.99	-0.05	0.98	0.98	0.99	0.79	0.78
Intangible Assets	0.66	0.46	0.62	0.8	-0.13	0.81	0.54	0.79	0.22	0.66	0.56	0.38	0.61		0.72	0.75	0.57	0.82	-0.72	0.59	0.2	0.53	0.55	0.64	0.81	0.88
Common Stock	0.95	0.09	0.9	0.85	-0.29	0.81	0.86	0.89	0.38	0.9	0.86	0.83	0.92	0.72		0.99	0.93	0.84	-0.77	0.93	-0.01	0.9	0.84	0.93	0.9	0.85
Property Plant Equipment	0.95	0.13	0.9	0.86	-0.31	0.83	0.85	0.89	0.31	0.9	0.85	0.82	0.91	0.75	0.99		0.92	0.85	-0.79	0.92	0.04	0.89	0.84	0.92	0.9	0.86
Long Term Debt	0.99	-0.22	0.98	0.7	-0.4	0.62	0.97	0.8	0.25	0.9	0.97	0.91	0.99	0.57	0.93	0.92		0.68	-0.64	1.0	-0.07	0.99	0.97	0.98	0.8	0.76
Net Tangible Assets	0.75	0.49	0.65	0.98	-0.36	0.98	0.57	0.87	0.39	0.77	0.59	0.58	0.66	0.82	0.84	0.85	0.68		-0.87	0.69	0.16	0.63	0.54	0.73	0.96	0.91
Other Stockholder Equity	-0.71	-0.49	-0.61	-0.87	0.35	-0.91	-0.54	-0.92	-0.38	-0.64	-0.57	-0.55	-0.63	-0.72	-0.77	-0.79	-0.64	-0.87		-0.67	0.01	-0.64	-0.52	-0.71	-0.9	-0.77
Non Current Assets Total	0.99	-0.18	0.98	0.71	-0.41	0.64	0.98	0.83	0.28	0.9	0.97	0.89	0.99	0.59	0.93	0.92	1.0	0.69	-0.67		-0.07	0.99	0.96	0.99	0.82	0.77
Non Currrent Assets Other	-0.02	0.39	-0.02	0.15	0.04	0.16	-0.08	0.04	-0.12	0.15	-0.06	-0.25	-0.05	0.2	-0.01	0.04	-0.07	0.16	0.01	-0.07		-0.14	-0.05	-0.02	0.1	0.28
Non Current Liabilities Total	0.97	-0.27	0.97	0.65	-0.41	0.59	0.97	0.79	0.27	0.85	0.96	0.91	0.98	0.53	0.9	0.89	0.99	0.63	-0.64	0.99	-0.14		0.96	0.97	0.78	0.71
Short Long Term Debt	0.95	-0.3	0.98	0.55	-0.37	0.47	0.99	0.74	0.17	0.86	0.99	0.81	0.98	0.55	0.84	0.84	0.97	0.54	-0.52	0.96	-0.05	0.96		0.95	0.68	0.72
Total Current Assets	0.99	-0.08	0.99	0.73	-0.4	0.68	0.97	0.88	0.29	0.92	0.98	0.85	0.99	0.64	0.93	0.92	0.98	0.73	-0.71	0.99	-0.02	0.97	0.95		0.85	0.83
Non Current Liabilities Other	0.85	0.32	0.78	0.95	-0.41	0.95	0.71	0.93	0.42	0.8	0.73	0.71	0.79	0.81	0.9	0.9	0.8	0.96	-0.9	0.82	0.1	0.78	0.68	0.85		0.9
Short Term Debt	0.83	0.37	0.79	0.89	-0.35	0.85	0.72	0.88	0.28	0.89	0.74	0.55	0.78	0.88	0.85	0.86	0.76	0.91	-0.77	0.77	0.28	0.71	0.72	0.83	0.9

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China Kings Account Relationship Matchups

China Kings fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.0B	2.2B	3.1B	5.0B	6.7B	7.0B
Other Current Liab	132.3M	159.7M	107.4M	18.6M	22.4M	21.3M
Total Current Liabilities	617.3M	643.2M	857.7M	1.8B	3.1B	3.3B
Total Stockholder Equity	1.1B	1.3B	1.4B	1.6B	1.6B	916.8M
Other Liab	78.5M	75.9M	75.5M	61.4M	55.3M	64.9M
Retained Earnings	768.8M	942.1M	967.4M	965.1M	945.0M	526.9M
Accounts Payable	59.6M	69.4M	301.5M	824.1M	1.6B	1.6B
Cash	275.2M	290.5M	292.0M	231.4M	386.7M	406.0M
Other Assets	5.7M	11.4M	28.4M	18.4M	21.2M	11.9M
Net Receivables	89.2M	161.6M	166.6M	283.9M	382.3M	401.4M
Inventory	98.3M	105.4M	122.8M	443.6M	859.0M	902.0M
Other Current Assets	1.9M	40.7M	61.2M	176.8M	129.6M	136.1M
Total Liab	860.5M	845.8M	1.5B	2.9B	4.5B	4.7B
Intangible Assets	462.1M	441.2M	522.9M	280.7M	747.1M	383.9M
Property Plant Equipment	820.4M	830.4M	886.0M	1.6B	1.9B	1.9B
Long Term Debt	167.3M	124.0M	549.4M	1.0B	1.3B	1.4B
Net Tangible Assets	520.5M	619.4M	845.8M	830.4M	954.9M	556.5M
Other Stockholder Equity	(17.6M)	(17.4M)	(18.2M)	(18.6M)	(16.7M)	(15.9M)
Non Current Assets Total	1.3B	1.4B	2.2B	3.4B	4.3B	4.5B
Non Currrent Assets Other	831.9M	6.9M	11.6M	34.6M	67.7M	64.3M
Non Current Liabilities Total	243.1M	202.5M	614.5M	1.1B	1.4B	1.4B
Short Long Term Debt	337.2M	196.1M	404.2M	581.2M	922.0M	968.1M
Total Current Assets	660.8M	799.4M	817.8M	1.6B	2.4B	2.5B
Non Current Liabilities Other	13.3M	15.0M	15.0M	16.2M	18.4M	14.1M
Net Debt	229.3M	29.7M	661.6M	1.4B	1.9B	2.0B
Deferred Long Term Liab	155.3K	103.6K	51.8K	271.2K	311.8K	173.6K
Net Invested Capital	1.6B	1.6B	2.3B	3.3B	3.8B	2.2B
Net Working Capital	43.5M	156.2M	(39.8M)	(180.6M)	(760.4M)	(722.3M)
Property Plant And Equipment Net	830.4M	886.0M	1.6B	2.9B	3.1B	1.9B
Property Plant And Equipment Gross	1.4B	1.5B	1.6B	3.9B	3.1B	2.3B

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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.

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China Total Liab vs Net Receivables Analysis

Total Liab vs Net Receivables

Total Liab vs Net Receivables Correlation Analysis

Correlation Coefficient

Total Liab

Net Receivables

China Kings fundamental ratios Correlations

China Kings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Kings fundamental ratios Accounts

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Other Information on Investing in China Stock

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Total Liab	+ 1.0	Total Current Liabilities
Inventory	+ 1.0	Accounts Payable
Non Current Assets Total	+ 1.0	Long Term Debt
Total Liab	+ 0.99	Total Assets
Long Term Debt	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Other Stockholder Equity	- 0.92	Cash
Other Stockholder Equity	- 0.91	Retained Earnings
Non Current Liabilities Other	- 0.9	Other Stockholder Equity
Other Stockholder Equity	- 0.87	Net Tangible Assets
Other Stockholder Equity	- 0.87	Total Stockholder Equity
Other Stockholder Equity	- 0.79	Property Plant Equipment