China Other Assets vs Accounts Payable Analysis

000035 Stock   4.67  0.02  0.43%   
China Tianying financial indicator trend analysis is way more than just evaluating China Tianying prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Tianying is a good investment. Please check the relationship between China Tianying Other Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Tianying. 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.

Other Assets vs Accounts Payable

Other Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Tianying Other Assets account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between China Tianying's Other Assets and Accounts Payable is 0.05. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of China Tianying, assuming nothing else is changed. The correlation between historical values of China Tianying's Other Assets 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 Other Assets of China Tianying 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 Other Assets i.e., China Tianying's Other Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Assets

Accounts Payable

An accounting item on the balance sheet that represents China Tianying 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 Tianying 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 Tianying's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Tianying 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 Tianying. 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.
As of January 21, 2025, Selling General Administrative is expected to decline to about 195.2 M. In addition to that, Tax Provision is expected to decline to about 39.3 M
 2022 2023 2024 2025 (projected)
Operating Income789.6M833.8M958.9M629.6M
Total Revenue6.7B5.3B6.1B4.1B

China Tianying fundamental ratios Correlations

0.931.00.970.590.990.90.830.950.980.870.960.870.98-0.270.970.930.990.950.990.980.970.470.780.870.05
0.930.940.80.750.890.70.590.760.860.830.940.820.83-0.330.820.820.880.990.850.870.930.530.950.970.15
1.00.940.960.610.990.880.820.940.970.850.960.850.97-0.280.960.910.980.960.980.970.980.470.80.890.05
0.970.80.960.420.970.970.910.990.980.840.880.840.99-0.211.00.930.970.850.990.980.920.410.610.72-0.02
0.590.750.610.420.590.310.150.410.510.450.630.450.490.020.430.460.550.710.50.50.70.490.790.80.62
0.990.890.990.970.590.910.850.960.990.830.930.830.98-0.240.960.910.990.920.990.970.980.450.730.840.09
0.90.70.880.970.310.910.90.970.940.770.750.770.94-0.320.950.860.940.730.940.920.840.450.530.58-0.09
0.830.590.820.910.150.850.90.920.860.690.750.690.9-0.20.910.790.860.660.90.860.760.20.350.52-0.27
0.950.760.940.990.410.960.970.920.960.760.850.760.99-0.210.980.880.960.810.980.940.910.380.580.69-0.03
0.980.860.970.980.510.990.940.860.960.860.910.860.98-0.250.980.930.990.90.990.980.960.460.690.790.05
0.870.830.850.840.450.830.770.690.760.860.861.00.82-0.240.860.940.860.860.850.930.780.480.680.710.06
0.960.940.960.880.630.930.750.750.850.910.860.860.91-0.150.910.870.910.980.920.930.930.370.80.920.04
0.870.820.850.840.450.830.770.690.760.861.00.860.82-0.240.860.940.860.860.850.930.780.480.680.710.05
0.980.830.970.990.490.980.940.90.990.980.820.910.82-0.180.990.920.980.881.00.980.940.380.650.770.02
-0.27-0.33-0.28-0.210.02-0.24-0.32-0.2-0.21-0.25-0.24-0.15-0.24-0.18-0.21-0.19-0.25-0.25-0.23-0.22-0.22-0.46-0.46-0.250.37
0.970.820.961.00.430.960.950.910.980.980.860.910.860.99-0.210.930.970.860.990.980.910.40.630.74-0.05
0.930.820.910.930.460.910.860.790.880.930.940.870.940.92-0.190.930.930.860.930.970.870.480.650.720.12
0.990.880.980.970.550.990.940.860.960.990.860.910.860.98-0.250.970.930.910.990.980.960.480.720.80.05
0.950.990.960.850.710.920.730.660.810.90.860.980.860.88-0.250.860.860.910.890.910.940.480.890.960.12
0.990.850.980.990.50.990.940.90.980.990.850.920.851.0-0.230.990.930.990.890.990.950.420.680.780.01
0.980.870.970.980.50.970.920.860.940.980.930.930.930.98-0.220.980.970.980.910.990.930.450.70.780.04
0.970.930.980.920.70.980.840.760.910.960.780.930.780.94-0.220.910.870.960.940.950.930.470.80.90.19
0.470.530.470.410.490.450.450.20.380.460.480.370.480.38-0.460.40.480.480.480.420.450.470.560.440.22
0.780.950.80.610.790.730.530.350.580.690.680.80.680.65-0.460.630.650.720.890.680.70.80.560.920.2
0.870.970.890.720.80.840.580.520.690.790.710.920.710.77-0.250.740.720.80.960.780.780.90.440.920.19
0.050.150.05-0.020.620.09-0.09-0.27-0.030.050.060.040.050.020.37-0.050.120.050.120.010.040.190.220.20.19
Click cells to compare fundamentals

China Tianying Account Relationship Matchups

China Tianying fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets50.4B24.5B26.5B28.1B32.3B33.9B
Total Stockholder Equity11.7B10.9B10.3B10.7B12.2B12.9B
Non Current Assets Total37.8B17.7B20.5B22.7B26.2B27.5B
Liabilities And Stockholders Equity50.4B24.5B26.5B28.1B32.3B33.9B
Short Long Term Debt Total21.5B6.2B7.5B8.1B9.3B9.8B
Other Current Liab256.4M306.8M1.1B569.0M654.3M687.0M
Total Current Liabilities15.1B5.7B8.4B8.0B9.2B9.7B
Property Plant And Equipment Net14.7B2.5B3.0B4.4B5.1B5.3B
Current Deferred Revenue2.6B424.8M46.5M852.3M980.2M1.0B
Net Debt18.1B2.3B5.6B6.7B7.8B8.1B
Accounts Payable6.3B2.6B3.0B2.9B3.3B3.5B
Cash3.4B3.9B2.0B1.4B1.6B1.7B
Non Currrent Assets Other4.3B3.6B3.1B3.5B4.1B4.3B
Cash And Short Term Investments3.4B3.9B2.0B1.4B1.6B1.7B
Net Receivables7.0B1.8B2.8B2.9B3.4B3.5B
Short Term Investments(383.9M)(335.1M)344.4M(334.3M)(300.8M)(285.8M)
Non Current Liabilities Total22.7B7.7B7.6B9.3B10.6B11.2B
Inventory760.2M495.7M422.2M315.1M362.4M204.1M
Other Current Assets1.5B621.9M746.4M731.8M841.6M883.6M
Other Stockholder Equity8.4B7.5B7.0B7.1B8.1B8.5B
Total Liab37.9B13.3B16.0B17.3B19.9B20.9B
Total Current Assets12.6B6.8B6.0B5.4B6.2B6.5B
Short Term Debt6.0B2.4B4.3B3.7B4.3B4.5B
Retained Earnings2.4B3.1B2.9B3.2B3.7B3.9B
Intangible Assets11.2B10.9B13.4B13.9B16.0B16.8B
Property Plant Equipment12.3B14.7B2.5B3.0B3.5B2.2B
Long Term Debt15.5B3.8B3.1B4.3B5.0B3.9B
Other Liab5.8B5.5B2.6B3.3B3.8B2.2B
Net Tangible Assets(5.1B)(5.1B)8.0M(3.2B)(2.9B)(2.8B)
Deferred Long Term Liab63.2M49.8M102.5M93.3M107.3M82.9M
Short Long Term Debt3.5B1.5B2.7B2.4B2.8B2.0B
Non Current Liabilities Other4.5B3.6B3.0B2.6B2.9B2.9B
Good Will5.2B5.6B65.7M146.3M131.7M125.1M
Net Invested Capital30.7B16.3B16.1B17.4B20.0B18.6B
Net Working Capital(2.5B)1.1B(2.5B)(2.7B)(2.4B)(2.5B)
Property Plant And Equipment Gross16.1B3.1B3.0B4.4B4.0B7.4B
Accumulated Other Comprehensive Income569.5M(34.3M)(506.8M)(647.5M)(582.8M)(553.6M)

Also Currently Popular

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.

Other Information on Investing in China Stock

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