China Net Receivables vs Long Term Debt Analysis

000036 Stock   4.42  0.01  0.23%   
China Union financial indicator trend analysis is way more than just evaluating China Union Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Union Holdings is a good investment. Please check the relationship between China Union Net Receivables and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Union Holdings. 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.

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Union Holdings Net Receivables account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between China Union's Net Receivables and Long Term Debt is -0.37. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of China Union Holdings, assuming nothing else is changed. The correlation between historical values of China Union's Net Receivables and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of China Union Holdings are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Receivables i.e., China Union's Net Receivables and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Long Term Debt

Long-term debt is a debt that China Union Holdings has held for over one year. Long-term debt appears on China Union Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on China Union Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from China Union's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Union Holdings 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 Union Holdings. 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.
The current year's Selling General Administrative is expected to grow to about 138.3 M, whereas Tax Provision is forecasted to decline to about 5.9 M.
 2021 2022 2023 2024 (projected)
Operating Income629.8M791.6M60.1M57.1M
Total Revenue1.9B2.3B565.2M536.9M

China Union fundamental ratios Correlations

0.670.820.9-0.180.910.420.880.80.6-0.390.540.64-0.250.88-0.420.660.760.870.03-0.060.860.620.880.850.62
0.670.750.44-0.020.380.280.770.280.46-0.08-0.030.340.090.78-0.10.30.40.34-0.210.220.330.140.70.330.14
0.820.750.560.140.660.50.770.450.34-0.140.220.59-0.230.93-0.170.220.770.580.030.340.550.170.830.550.17
0.90.440.56-0.340.930.430.760.850.41-0.390.60.48-0.230.58-0.430.790.680.940.11-0.280.960.830.710.930.83
-0.18-0.020.14-0.34-0.270.42-0.35-0.52-0.170.56-0.360.28-0.360.060.58-0.610.19-0.310.440.59-0.27-0.42-0.29-0.3-0.42
0.910.380.660.93-0.270.460.740.90.43-0.340.660.5-0.340.68-0.380.630.840.980.15-0.270.970.760.820.980.76
0.420.280.50.430.420.460.190.25-0.190.190.140.37-0.220.330.160.010.690.420.390.280.470.160.230.430.16
0.880.770.770.76-0.350.740.190.640.52-0.260.270.29-0.050.81-0.320.540.570.72-0.25-0.120.690.540.910.710.54
0.80.280.450.85-0.520.90.250.640.47-0.590.80.36-0.160.52-0.590.80.620.9-0.07-0.530.860.680.720.870.68
0.60.460.340.41-0.170.43-0.190.520.47-0.370.380.5-0.160.65-0.350.440.230.37-0.18-0.220.350.390.550.410.39
-0.39-0.08-0.14-0.390.56-0.340.19-0.26-0.59-0.37-0.59-0.44-0.23-0.250.99-0.780.06-0.280.030.17-0.26-0.17-0.22-0.26-0.17
0.54-0.030.220.6-0.360.660.140.270.80.38-0.590.41-0.160.31-0.550.660.430.63-0.03-0.470.60.440.390.60.44
0.640.340.590.480.280.50.370.290.360.5-0.440.41-0.370.67-0.430.390.480.390.430.420.420.180.340.380.18
-0.250.09-0.23-0.23-0.36-0.34-0.22-0.05-0.16-0.16-0.23-0.16-0.37-0.23-0.260.04-0.58-0.36-0.180.06-0.34-0.17-0.21-0.31-0.17
0.880.780.930.580.060.680.330.810.520.65-0.250.310.67-0.23-0.270.330.690.59-0.040.210.550.250.870.570.25
-0.42-0.1-0.17-0.430.58-0.380.16-0.32-0.59-0.350.99-0.55-0.43-0.26-0.27-0.780.05-0.31-0.010.14-0.31-0.23-0.25-0.31-0.23
0.660.30.220.79-0.610.630.010.540.80.44-0.780.660.390.040.33-0.780.210.66-0.09-0.430.660.620.430.610.62
0.760.40.770.680.190.840.690.570.620.230.060.430.48-0.580.690.050.210.810.23-0.010.790.440.740.790.44
0.870.340.580.94-0.310.980.420.720.90.37-0.280.630.39-0.360.59-0.310.660.810.11-0.360.990.820.780.980.82
0.03-0.210.030.110.440.150.39-0.25-0.07-0.180.03-0.030.43-0.18-0.04-0.01-0.090.230.110.470.20.2-0.190.20.2
-0.060.220.34-0.280.59-0.270.28-0.12-0.53-0.220.17-0.470.420.060.210.14-0.43-0.01-0.360.47-0.31-0.46-0.15-0.34-0.46
0.860.330.550.96-0.270.970.470.690.860.35-0.260.60.42-0.340.55-0.310.660.790.990.2-0.310.860.720.980.86
0.620.140.170.83-0.420.760.160.540.680.39-0.170.440.18-0.170.25-0.230.620.440.820.2-0.460.860.490.861.0
0.880.70.830.71-0.290.820.230.910.720.55-0.220.390.34-0.210.87-0.250.430.740.78-0.19-0.150.720.490.760.49
0.850.330.550.93-0.30.980.430.710.870.41-0.260.60.38-0.310.57-0.310.610.790.980.2-0.340.980.860.760.86
0.620.140.170.83-0.420.760.160.540.680.39-0.170.440.18-0.170.25-0.230.620.440.820.2-0.460.861.00.490.86
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China Union Account Relationship Matchups

China Union fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.1B10.8B9.6B9.2B8.4B7.6B
Other Current Liab4.3B2.5B1.6B1.7B53.1M50.5M
Total Current Liabilities4.5B3.0B2.2B2.3B1.6B2.9B
Total Stockholder Equity4.9B4.9B5.0B5.3B5.3B2.9B
Other Liab161.4M40.6M40.5M40.0M36.0M61.6M
Retained Earnings3.2B3.2B3.3B3.0B3.0B3.2B
Accounts Payable167.0M404.9M563.2M439.6M274.0M260.3M
Cash5.4B4.1B2.1B3.9B2.0B2.0B
Other Assets1.4B1.7B1.8B1.4B1.6B1.7B
Long Term Debt1.9B2.0B1.3B586.8M537M973.0M
Net Receivables32.5M21.7M10.0M43.7M6.7M6.4M
Inventory3.3B3.2B3.1B2.1B3.0B2.4B
Other Current Assets191.8M63.5M258.7M79.3M12.4M11.7M
Total Liab6.5B5.0B3.6B3.0B2.2B4.0B
Intangible Assets4.8M3.7M3.0M2.8M2.8M2.6M
Property Plant Equipment816.4M803.3M781.6M758.3M682.5M981.7M
Net Tangible Assets4.8B4.9B4.9B4.7B5.4B4.6B
Deferred Long Term Liab24.0M15.3M8.2M2.4M2.2M2.1M
Total Current Assets9.8B8.3B7.0B7.0B6.4B8.1B
Non Current Assets Total2.4B2.5B2.6B2.2B2.0B2.5B
Non Currrent Assets Other2.2B89.8M70M1.2M1.1M1.0M
Non Current Liabilities Total1.9B2.0B1.4B627.1M577.0M548.2M
Net Invested Capital6.9B6.9B6.3B5.9B5.9B6.7B
Net Working Capital5.2B5.3B4.8B4.7B4.8B5.2B

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Other Information on Investing in China Stock

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