China Good Will vs Accounts Payable Analysis
CYD Stock | USD 9.41 0.26 2.84% |
China Yuchai financial indicator trend analysis is way more than just evaluating China Yuchai Interna prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Yuchai Interna is a good investment. Please check the relationship between China Yuchai Good Will and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Yuchai International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Good Will vs Accounts Payable
Good Will vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Yuchai Interna Good Will account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Yuchai's Good Will and Accounts Payable is 0.71. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of China Yuchai International, assuming nothing else is changed. The correlation between historical values of China Yuchai's Good Will and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of China Yuchai International are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Good Will i.e., China Yuchai's Good Will and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Accounts Payable
An accounting item on the balance sheet that represents China Yuchai obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of China Yuchai Interna are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from China Yuchai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Yuchai Interna 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 Yuchai International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. As of November 22, 2024, Selling General Administrative is expected to decline to about 1.3 B. In addition to that, Tax Provision is expected to decline to about 120.4 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.8B | 2.5B | 2.9B | 2.6B | Total Revenue | 21.3B | 16.0B | 18.0B | 11.4B |
China Yuchai fundamental ratios Correlations
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China Yuchai Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Yuchai fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 23.9B | 26.3B | 24.9B | 24.1B | 25.8B | 14.1B | |
Short Long Term Debt Total | 2.1B | 2.2B | 2.2B | 2.4B | 2.6B | 1.6B | |
Other Current Liab | 5.3B | 7.6B | 6.2B | 4.4B | 5.7B | 6.0B | |
Total Current Liabilities | 11.2B | 13.1B | 12.4B | 11.2B | 12.1B | 6.6B | |
Total Stockholder Equity | 8.8B | 9.0B | 8.9B | 9.0B | 9.2B | 5.4B | |
Property Plant And Equipment Net | 4.6B | 4.6B | 4.5B | 4.3B | 3.9B | 3.1B | |
Net Debt | (3.7B) | (3.6B) | (2.6B) | (2.1B) | (3.4B) | (3.3B) | |
Retained Earnings | 6.8B | 7.1B | 6.9B | 7.0B | 7.2B | 7.6B | |
Accounts Payable | 3.4B | 3.6B | 4.1B | 4.6B | 4.4B | 3.0B | |
Cash | 5.8B | 5.9B | 4.8B | 4.5B | 6.0B | 6.3B | |
Non Current Assets Total | 6.5B | 7.0B | 7.1B | 7.0B | 6.6B | 4.4B | |
Non Currrent Assets Other | 705.6M | 1.2B | 1.1B | 1.3B | 1.0B | 1.1B | |
Cash And Short Term Investments | 6.1B | 6.1B | 5.1B | 4.8B | 6.0B | 6.3B | |
Net Receivables | 7.8B | 8.1B | 6.9B | 6.8B | 7.9B | 4.6B | |
Liabilities And Stockholders Equity | 23.9B | 26.3B | 24.9B | 24.1B | 25.8B | 14.5B | |
Inventory | 2.8B | 4.5B | 5.2B | 4.9B | 4.6B | 4.9B | |
Other Current Assets | 614.3M | 541.2M | 575.4M | 554.6M | 640.4M | 362.6M | |
Total Liab | 12.3B | 14.5B | 13.3B | 12.3B | 13.6B | 7.5B | |
Property Plant And Equipment Gross | 4.6B | 4.6B | 9.9B | 10.1B | 10.1B | 10.6B | |
Total Current Assets | 17.4B | 19.3B | 17.8B | 17.1B | 19.2B | 10.0B | |
Accumulated Other Comprehensive Income | (74.7M) | (130.7M) | (110.1M) | (69.2M) | (56.9M) | (59.7M) | |
Short Term Debt | 2.1B | 1.8B | 2.1B | 2.2B | 1.9B | 1.3B | |
Intangible Assets | 178.9M | 177.9M | 553.7M | 609.9M | 1.3B | 1.3B | |
Non Current Liabilities Total | 1.1B | 1.4B | 848.5M | 1.1B | 1.5B | 853.4M | |
Current Deferred Revenue | 383.2M | 868.5M | 573.6M | 618.0M | 639.5M | 369.0M | |
Other Assets | 1.1B | 1.6B | 1.5B | 20.0B | 23.0B | 24.1B | |
Long Term Debt | 0.0 | 500M | 100M | 200M | 690M | 724.5M | |
Short Term Investments | 365.8M | 265.0M | 357.9M | 351.6M | 467.1M | 259.1M | |
Property Plant Equipment | 3.8B | 4.6B | 4.6B | 4.5B | 5.2B | 5.5B | |
Other Liab | 936.0M | 1.0B | 889.4M | 735.1M | 845.4M | 443.4M | |
Net Tangible Assets | 8.2B | 8.4B | 8.6B | 8.1B | 9.3B | 7.7B | |
Deferred Long Term Liab | 195.9M | 699.0M | 1.2B | 1.1B | 1.3B | 1.4B | |
Long Term Investments | 325.9M | 369.5M | 263.6M | 175.0M | 237.5M | 214.1M | |
Short Long Term Debt | 2.1B | 1.7B | 2.1B | 2.1B | 1.9B | 1.8B | |
Long Term Debt Total | 15.1M | 31.4M | 517.0M | 113.4M | 130.4M | 113.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether China Yuchai Interna is a strong investment it is important to analyze China Yuchai's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact China Yuchai's future performance. For an informed investment choice regarding China Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Yuchai International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Yuchai. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Yuchai listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.347 | Earnings Share 1.17 | Revenue Per Share 469.471 | Quarterly Revenue Growth 0.124 | Return On Assets 0.0095 |
The market value of China Yuchai Interna is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Yuchai's value that differs from its market value or its book value, called intrinsic value, which is China Yuchai's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Yuchai's market value can be influenced by many factors that don't directly affect China Yuchai's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Yuchai's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Yuchai is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Yuchai's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.