China Average Inventory vs Payout Ratio Analysis

CAAS Stock

USD 4.44 0.10 2.30%

China Automotive financial indicator trend analysis is way more than just evaluating China Automotive Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Automotive Systems is a good investment. Please check the relationship between China Automotive Average Inventory and its Payout Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Automotive Systems. 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.

Average Inventory vs Payout Ratio

Average Inventory vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Automotive Systems Average Inventory account and Payout Ratio. At this time, the significance of the direction appears to have pay attention.

The correlation between China Automotive's Average Inventory and Payout Ratio is -0.78. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of China Automotive Systems, assuming nothing else is changed. The correlation between historical values of China Automotive's Average Inventory and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Inventory of China Automotive Systems are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Average Inventory i.e., China Automotive's Average Inventory and Payout Ratio go up and down completely randomly.

Correlation Coefficient

-0.78

Relationship Direction	Negative
Relationship Strength	Weak

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Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.

Payout Ratio

Payout Ratio is the proportion of China Automotive Systems earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of China Automotive Systems dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating China Automotive Systems is paying out more in dividends than it makes in net income.

Most indicators from China Automotive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Automotive Systems 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 Automotive Systems. 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.

At this time, China Automotive's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 214.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 18.4 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	72.1M	83.4M	103.8M	66.5M
Total Revenue	498.0M	529.6M	576.4M	354.5M

Gross Profit Total Revenue

China Automotive fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Current Assets	Common Stock	Other Current Liab	Total Current Liabilities	Total Liab	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Short Long Term Debt Total	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Other Assets	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory
Total Assets		0.98	0.07	0.79	0.69	0.86	0.88	0.86	0.95	0.97	0.88	0.21	0.99	0.99	0.8	0.85	-0.39	0.57	0.55	0.63	-0.03	0.67	0.8	0.17	0.45	0.87
Total Stockholder Equity	0.98		0.13	0.8	0.63	0.82	0.83	0.83	0.97	0.96	0.83	0.12	0.97	0.96	0.8	0.83	-0.33	0.61	0.47	0.58	0.0	0.71	0.8	0.15	0.34	0.86
Net Debt	0.07	0.13		0.12	-0.5	-0.27	0.1	0.04	0.18	0.16	0.1	-0.42	0.1	0.04	0.06	-0.16	-0.22	0.78	-0.18	-0.42	-0.22	0.14	0.45	0.5	-0.34	-0.2
Retained Earnings	0.79	0.8	0.12		0.52	0.63	0.63	0.75	0.79	0.74	0.63	0.02	0.79	0.78	0.69	0.76	-0.41	0.48	0.58	0.59	0.3	0.62	0.6	-0.02	0.29	0.79
Cash	0.69	0.63	-0.5	0.52		0.92	0.6	0.58	0.55	0.63	0.6	0.39	0.66	0.69	0.42	0.69	-0.05	0.15	0.5	0.66	0.21	0.24	0.27	-0.25	0.47	0.81
Cash And Short Term Investments	0.86	0.82	-0.27	0.63	0.92		0.77	0.7	0.74	0.85	0.77	0.33	0.85	0.85	0.6	0.7	-0.24	0.35	0.45	0.55	0.12	0.34	0.58	0.07	0.38	0.85
Common Stock Total Equity	0.88	0.83	0.1	0.63	0.6	0.77		0.91	0.84	0.91	1.0	0.34	0.87	0.85	0.61	0.61	-0.5	0.53	0.3	0.43	-0.36	0.54	0.86	0.43	0.32	0.59
Common Stock Shares Outstanding	0.86	0.83	0.04	0.75	0.58	0.7	0.91		0.88	0.85	0.91	0.47	0.83	0.85	0.57	0.71	-0.41	0.44	0.44	0.57	-0.26	0.71	0.78	0.24	0.47	0.66
Other Stockholder Equity	0.95	0.97	0.18	0.79	0.55	0.74	0.84	0.88		0.93	0.84	0.18	0.93	0.93	0.76	0.78	-0.37	0.6	0.46	0.55	-0.1	0.75	0.84	0.23	0.38	0.78
Total Current Assets	0.97	0.96	0.16	0.74	0.63	0.85	0.91	0.85	0.93		0.91	0.2	0.98	0.96	0.75	0.71	-0.47	0.63	0.39	0.45	-0.07	0.58	0.9	0.36	0.3	0.78
Common Stock	0.88	0.83	0.1	0.63	0.6	0.77	1.0	0.91	0.84	0.91		0.34	0.87	0.85	0.61	0.61	-0.5	0.53	0.3	0.43	-0.36	0.54	0.86	0.43	0.32	0.59
Other Current Liab	0.21	0.12	-0.42	0.02	0.39	0.33	0.34	0.47	0.18	0.2	0.34		0.15	0.21	-0.22	0.15	-0.08	-0.21	0.11	0.29	-0.19	0.03	0.18	0.08	0.45	0.13
Total Current Liabilities	0.99	0.97	0.1	0.79	0.66	0.85	0.87	0.83	0.93	0.98	0.87	0.15		0.99	0.83	0.82	-0.42	0.59	0.52	0.57	-0.01	0.65	0.82	0.23	0.38	0.85
Total Liab	0.99	0.96	0.04	0.78	0.69	0.85	0.85	0.85	0.93	0.96	0.85	0.21	0.99		0.81	0.87	-0.4	0.54	0.63	0.66	-0.04	0.67	0.77	0.15	0.52	0.87
Accounts Payable	0.8	0.8	0.06	0.69	0.42	0.6	0.61	0.57	0.76	0.75	0.61	-0.22	0.83	0.81		0.76	-0.32	0.37	0.55	0.57	-0.01	0.75	0.61	0.08	0.31	0.7
Non Current Assets Total	0.85	0.83	-0.16	0.76	0.69	0.7	0.61	0.71	0.78	0.71	0.61	0.15	0.82	0.87	0.76		-0.13	0.32	0.82	0.91	0.11	0.75	0.42	-0.32	0.7	0.91
Non Currrent Assets Other	-0.39	-0.33	-0.22	-0.41	-0.05	-0.24	-0.5	-0.41	-0.37	-0.47	-0.5	-0.08	-0.42	-0.4	-0.32	-0.13		-0.25	-0.1	-0.02	-0.03	-0.01	-0.61	-0.58	-0.04	-0.1
Short Long Term Debt Total	0.57	0.61	0.78	0.48	0.15	0.35	0.53	0.44	0.6	0.63	0.53	-0.21	0.59	0.54	0.37	0.32	-0.25		0.14	-0.01	-0.1	0.33	0.69	0.38	-0.05	0.36
Other Liab	0.55	0.47	-0.18	0.58	0.5	0.45	0.3	0.44	0.46	0.39	0.3	0.11	0.52	0.63	0.55	0.82	-0.1	0.14		0.82	0.17	0.51	0.12	-0.41	0.86	0.67
Property Plant And Equipment Net	0.63	0.58	-0.42	0.59	0.66	0.55	0.43	0.57	0.55	0.45	0.43	0.29	0.57	0.66	0.57	0.91	-0.02	-0.01	0.82		0.09	0.61	0.14	-0.52	0.82	0.78
Current Deferred Revenue	-0.03	0.0	-0.22	0.3	0.21	0.12	-0.36	-0.26	-0.1	-0.07	-0.36	-0.19	-0.01	-0.04	-0.01	0.11	-0.03	-0.1	0.17	0.09		-0.28	-0.28	-0.45	-0.15	0.31
Other Assets	0.67	0.71	0.14	0.62	0.24	0.34	0.54	0.71	0.75	0.58	0.54	0.03	0.65	0.67	0.75	0.75	-0.01	0.33	0.51	0.61	-0.28		0.51	-0.07	0.42	0.57
Net Receivables	0.8	0.8	0.45	0.6	0.27	0.58	0.86	0.78	0.84	0.9	0.86	0.18	0.82	0.77	0.61	0.42	-0.61	0.69	0.12	0.14	-0.28	0.51		0.68	0.08	0.44
Short Term Investments	0.17	0.15	0.5	-0.02	-0.25	0.07	0.43	0.24	0.23	0.36	0.43	0.08	0.23	0.15	0.08	-0.32	-0.58	0.38	-0.41	-0.52	-0.45	-0.07	0.68		-0.35	-0.26
Non Current Liabilities Total	0.45	0.34	-0.34	0.29	0.47	0.38	0.32	0.47	0.38	0.3	0.32	0.45	0.38	0.52	0.31	0.7	-0.04	-0.05	0.86	0.82	-0.15	0.42	0.08	-0.35		0.51
Inventory	0.87	0.86	-0.2	0.79	0.81	0.85	0.59	0.66	0.78	0.78	0.59	0.13	0.85	0.87	0.7	0.91	-0.1	0.36	0.67	0.78	0.31	0.57	0.44	-0.26	0.51

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China Automotive Account Relationship Matchups

China Automotive fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	660.0M	707.6M	716.8M	714.4M	766.4M	476.6M
Total Stockholder Equity	289.2M	303.2M	321.0M	311.7M	344.5M	190.3M
Net Debt	47.4M	(52.7M)	(2.0M)	(74.5M)	27.8M	29.2M
Retained Earnings	221.2M	215.5M	226.4M	247.2M	284.8M	299.1M
Cash	76.7M	97.2M	131.7M	121.2M	114.7M	63.6M
Cash And Short Term Investments	82.5M	107.4M	133.5M	134.1M	125.7M	74.0M
Common Stock Shares Outstanding	31.5M	31.1M	30.9M	30.6M	30.2M	30.3M
Liabilities And Stockholders Equity	660.0M	707.6M	716.8M	714.4M	766.4M	476.6M
Other Stockholder Equity	60.2M	59.0M	58.5M	56.0M	64.4M	42.3M
Total Current Assets	441.2M	475.7M	501.4M	520.7M	564.1M	354.0M
Other Current Liab	68.7M	82.5M	61.3M	59.9M	71.0M	52.8M
Total Current Liabilities	303.8M	354.5M	351.8M	364.2M	383.7M	243.2M
Total Liab	350.6M	387.6M	379.3M	386.9M	398.0M	256.5M
Accounts Payable	116.7M	225.3M	146.1M	150.6M	160.6M	111.9M
Non Current Assets Total	218.8M	231.9M	215.4M	193.6M	202.4M	129.2M
Non Currrent Assets Other	2.9M	7.6M	24.8M	46K	598K	568.1K
Short Long Term Debt Total	124.1M	45.5M	129.7M	46.7M	142.5M	83.1M
Other Liab	34.4M	31.9M	27.5M	22.0M	25.3M	26.5M
Property Plant And Equipment Net	149.3M	148.2M	131.0M	115.3M	111.0M	83.8M
Current Deferred Revenue	1.7M	2.4M	2.4M	5.7M	8.6M	4.7M
Other Assets	26.6M	39.4M	29.9M	15.9M	18.3M	19.0M
Net Receivables	233.0M	234.1M	210.3M	224.3M	269.4M	211.4M
Short Term Investments	5.8M	10.1M	1.8M	12.9M	11.1M	16.7M
Non Current Liabilities Total	46.8M	33.2M	27.5M	22.7M	14.3M	14.5M
Inventory	82.9M	88.3M	116.5M	112.2M	112.4M	62.1M
Other Current Assets	42.7M	45.8M	41.1M	50.1M	56.5M	59.4M
Property Plant And Equipment Gross	149.3M	148.2M	344.6M	115.3M	338.0M	354.9M
Accumulated Other Comprehensive Income	7.8M	28.7M	36.2M	8.4M	3.6M	3.4M
Short Term Debt	116.7M	44.4M	129.7M	130.4M	141.2M	85.6M
Intangible Assets	11.7M	12.5M	12.5M	10.8M	13.1M	19.5M
Property Plant Equipment	140.4M	141.3M	127.9M	107.1M	123.1M	90.8M
Net Tangible Assets	287.9M	290.7M	308.5M	300.8M	345.9M	296.7M
Noncontrolling Interest In Consolidated Entity	6.7M	19.0M	20.2M	16.2M	14.6M	13.3M
Long Term Debt	291K	4.9M	1.1M	528K	1.2M	2.2M
Retained Earnings Total Equity	209.5M	211.4M	221.2M	215.5M	247.8M	186.1M
Long Term Debt Total	306K	291K	4.9M	1.1M	1.0M	962.7K

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