China Change To Account Receivables vs Begin Period Cash Flow Analysis

000008 Stock   2.65  0.19  6.69%   
China High financial indicator trend analysis is way more than just evaluating China High Speed prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China High Speed is a good investment. Please check the relationship between China High Change To Account Receivables and its Begin Period Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China High Speed Railway. 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.

Change To Account Receivables vs Begin Period Cash Flow

Change To Account Receivables vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China High Speed Change To Account Receivables account and Begin Period Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between China High's Change To Account Receivables and Begin Period Cash Flow is -0.29. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of China High Speed Railway, assuming nothing else is changed. The correlation between historical values of China High's Change To Account Receivables and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of China High Speed Railway are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Change To Account Receivables i.e., China High's Change To Account Receivables and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Account Receivables

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from China High's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China High Speed 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 High Speed Railway. 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 Selling General Administrative is expected to grow to about 415.8 M, whereas Tax Provision is projected to grow to (6.8 M).
 2024 2025 (projected)
Gross Profit551.8M735.5M
Income Tax Expense28.1M37.7M

China High fundamental ratios Correlations

0.640.90.820.940.740.650.960.980.770.910.930.940.65-0.350.630.47-0.070.60.910.23-0.450.850.860.970.92
0.640.380.780.440.730.320.610.650.780.40.710.610.1-0.110.160.60.340.490.720.47-0.230.410.350.70.41
0.90.380.510.980.40.50.810.910.520.990.750.830.89-0.370.810.09-0.470.490.70.06-0.510.780.920.820.97
0.820.780.510.610.960.620.870.770.850.520.890.820.14-0.210.290.810.450.470.910.46-0.260.70.530.870.56
0.940.440.980.610.540.560.890.950.660.980.840.860.84-0.420.790.2-0.330.560.780.08-0.490.860.920.870.97
0.740.730.40.960.540.470.830.690.850.420.820.740.08-0.150.220.80.50.440.870.42-0.190.660.450.80.47
0.650.320.50.620.560.470.650.670.570.550.740.540.25-0.240.360.450.220.650.55-0.24-0.040.640.640.630.65
0.960.610.810.870.890.830.650.930.810.810.940.890.52-0.410.570.590.120.570.950.24-0.30.830.80.970.86
0.980.650.910.770.950.690.670.930.80.930.940.920.69-0.360.650.37-0.130.70.840.1-0.450.860.890.930.93
0.770.780.520.850.660.850.570.810.80.560.890.710.25-0.340.330.610.30.660.80.24-0.370.790.550.780.59
0.910.40.990.520.980.420.550.810.930.560.780.820.88-0.390.780.1-0.440.580.7-0.01-0.50.790.940.820.98
0.930.710.750.890.840.820.740.940.940.890.780.840.45-0.410.560.540.140.740.880.15-0.330.870.830.940.82
0.940.610.830.820.860.740.540.890.920.710.820.840.61-0.170.570.44-0.10.440.850.32-0.520.770.740.870.8
0.650.10.890.140.840.080.250.520.690.250.880.450.61-0.20.82-0.32-0.760.330.36-0.12-0.50.590.790.50.82
-0.35-0.11-0.37-0.21-0.42-0.15-0.24-0.41-0.36-0.34-0.39-0.41-0.17-0.2-0.34-0.130.01-0.34-0.35-0.040.11-0.42-0.43-0.39-0.42
0.630.160.810.290.790.220.360.570.650.330.780.560.570.82-0.34-0.21-0.540.220.420.0-0.360.70.820.550.79
0.470.60.090.810.20.80.450.590.370.610.10.540.44-0.32-0.13-0.210.780.230.740.470.020.310.080.610.19
-0.070.34-0.470.45-0.330.50.220.12-0.130.3-0.440.14-0.1-0.760.01-0.540.780.060.250.240.47-0.13-0.350.11-0.32
0.60.490.490.470.560.440.650.570.70.660.580.740.440.33-0.340.220.230.060.45-0.36-0.090.550.670.580.6
0.910.720.70.910.780.870.550.950.840.80.70.880.850.36-0.350.420.740.250.450.46-0.340.740.640.970.74
0.230.470.060.460.080.42-0.240.240.10.24-0.010.150.32-0.12-0.040.00.470.24-0.360.46-0.420.11-0.120.3-0.05
-0.45-0.23-0.51-0.26-0.49-0.19-0.04-0.3-0.45-0.37-0.5-0.33-0.52-0.50.11-0.360.020.47-0.09-0.34-0.42-0.59-0.36-0.33-0.36
0.850.410.780.70.860.660.640.830.860.790.790.870.770.59-0.420.70.31-0.130.550.740.11-0.590.830.790.8
0.860.350.920.530.920.450.640.80.890.550.940.830.740.79-0.430.820.08-0.350.670.64-0.12-0.360.830.80.95
0.970.70.820.870.870.80.630.970.930.780.820.940.870.5-0.390.550.610.110.580.970.3-0.330.790.80.86
0.920.410.970.560.970.470.650.860.930.590.980.820.80.82-0.420.790.19-0.320.60.74-0.05-0.360.80.950.86
Click cells to compare fundamentals

China High Account Relationship Matchups

China High fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets12.8B12.4B11.2B10.7B12.3B12.9B
Other Current Liab791.3M836.3M1.2B151.9M174.7M328.8M
Total Current Liabilities4.6B5.5B5.9B6.4B7.4B7.8B
Total Stockholder Equity6.5B5.2B4.4B3.6B4.1B2.6B
Accounts Payable1.1B1.5B1.4B1.4B1.6B1.6B
Cash778.5M1.1B584.8M447.9M515.1M400.0M
Other Assets412.3M614.9M163.9M214.2M246.3M140.5M
Net Receivables3.0B3.5B2.3B2.4B2.8B2.9B
Inventory1.1B1.1B1.1B797.2M916.8M962.6M
Other Current Assets388.5M416.7M455.0M114.2M131.3M147.0M
Total Liab6.2B7.0B6.8B7.0B8.1B8.5B
Intangible Assets338.7M315.8M259.8M201.4M231.6M138.2M
Property Plant Equipment473.9M482.0M1.2B1.4B1.6B1.7B
Other Liab123.1M56.4M97.9M149.0M171.3M88.7M
Net Tangible Assets3.5B3.2B2.0B1.5B1.3B2.2B
Retained Earnings1.2B(138.5M)(984.8M)(1.9B)(1.7B)(1.6B)
Long Term Debt1.4B1.4B580.1M193.6M222.7M211.5M
Good Will3.0B2.9B2.7B2.4B2.7B3.2B
Other Stockholder Equity15.9M6.8M7.3M23.4M21.0M18.8M
Deferred Long Term Liab40.1M26.2M29.3M20.1M18.1M21.4M
Short Long Term Debt2.5B3.1B2.1B2.8B3.3B1.8B
Total Current Assets6.2B6.1B5.1B4.9B5.6B5.7B
Non Current Assets Total6.7B6.3B6.2B5.8B6.6B5.9B
Non Currrent Assets Other55.1M21.0M25.6M13.9M16.0M25.3M
Non Current Liabilities Total1.6B1.5B878.6M577.5M664.2M729.7M
Non Current Liabilities Other6.2M43.8M114.2M123.9M142.5M80.0M
Net Debt3.1B3.3B2.1B2.6B3.0B2.2B
Net Invested Capital10.4B9.7B7.1B6.6B5.9B6.9B
Net Working Capital1.6B571.2M(831.0M)(1.6B)(1.4B)(1.3B)
Property Plant And Equipment Net482.0M1.2B1.4B1.5B1.7B1.1B
Property Plant And Equipment Gross675.8M1.4B1.4B1.8B2.1B1.3B

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Other Information on Investing in China Stock

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