China Total Current Assets vs Other Assets Analysis

000036 Stock   3.72  0.11  2.87%   
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 Total Current Assets and its Other Assets 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.

Total Current Assets vs Other Assets

Total Current Assets vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Union Holdings Total Current Assets account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Union's Total Current Assets and Other Assets is 0.75. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Assets 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 Total Current Assets and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of China Union Holdings are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Current Assets i.e., China Union's Total Current Assets and Other Assets go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Other Assets

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.
As of January 11, 2025, Selling General Administrative is expected to decline to about 61.5 M. In addition to that, Tax Provision is expected to decline to about 5.3 M
 2022 2023 2024 2025 (projected)
Operating Income791.6M60.1M69.1M65.7M
Total Revenue2.3B565.2M508.7M483.2M

China Union fundamental ratios Correlations

0.590.790.82-0.210.890.390.860.810.57-0.40.530.65-0.280.83-0.430.690.760.890.03-0.110.880.650.880.850.65
0.590.750.130.020.250.30.740.220.47-0.05-0.160.290.150.78-0.080.220.350.27-0.170.280.250.070.630.240.07
0.790.750.490.150.60.50.770.430.35-0.130.170.57-0.190.93-0.160.20.740.550.050.360.520.140.810.50.14
0.820.130.49-0.380.980.270.620.940.32-0.430.780.41-0.410.49-0.450.690.760.960.05-0.480.930.730.760.930.73
-0.210.020.15-0.38-0.30.43-0.35-0.54-0.150.57-0.380.25-0.30.080.59-0.620.17-0.330.450.6-0.3-0.44-0.3-0.32-0.44
0.890.250.60.98-0.30.380.690.920.38-0.360.710.49-0.40.6-0.390.640.840.980.12-0.350.960.750.820.970.75
0.390.30.50.270.430.380.190.21-0.180.210.060.35-0.170.330.18-0.010.660.380.40.310.420.130.20.380.13
0.860.740.770.62-0.350.690.190.640.52-0.260.230.29-0.050.8-0.320.530.560.71-0.24-0.110.680.530.910.690.53
0.810.220.430.94-0.540.920.210.640.45-0.590.80.38-0.20.5-0.60.810.620.9-0.09-0.550.860.690.750.870.69
0.570.470.350.32-0.150.38-0.180.520.45-0.350.290.47-0.120.66-0.330.410.210.34-0.17-0.170.310.350.530.360.35
-0.4-0.05-0.13-0.430.57-0.360.21-0.26-0.59-0.35-0.58-0.45-0.19-0.230.99-0.780.05-0.30.050.19-0.28-0.19-0.23-0.28-0.19
0.53-0.160.170.78-0.380.710.060.230.80.29-0.580.4-0.260.23-0.530.650.450.66-0.05-0.550.620.460.420.610.46
0.650.290.570.410.250.490.350.290.380.47-0.450.4-0.390.63-0.440.430.490.420.420.350.450.220.350.390.22
-0.280.15-0.19-0.41-0.3-0.4-0.17-0.05-0.2-0.12-0.19-0.26-0.39-0.19-0.23-0.01-0.59-0.39-0.150.13-0.37-0.22-0.23-0.35-0.22
0.830.780.930.490.080.60.330.80.50.66-0.230.230.63-0.19-0.250.30.660.55-0.020.240.510.220.840.520.22
-0.43-0.08-0.16-0.450.59-0.390.18-0.32-0.6-0.330.99-0.53-0.44-0.23-0.25-0.780.04-0.330.00.16-0.32-0.25-0.26-0.32-0.25
0.690.220.20.69-0.620.64-0.010.530.810.41-0.780.650.43-0.010.3-0.780.230.67-0.11-0.460.680.640.480.630.64
0.760.350.740.760.170.840.660.560.620.210.050.450.49-0.590.660.040.230.810.21-0.050.790.460.730.790.46
0.890.270.550.96-0.330.980.380.710.90.34-0.30.660.42-0.390.55-0.330.670.810.08-0.40.990.820.810.980.82
0.03-0.170.050.050.450.120.4-0.24-0.09-0.170.05-0.050.42-0.15-0.020.0-0.110.210.080.480.170.16-0.180.160.16
-0.110.280.36-0.480.6-0.350.31-0.11-0.55-0.170.19-0.550.350.130.240.16-0.46-0.05-0.40.48-0.35-0.49-0.18-0.39-0.49
0.880.250.520.93-0.30.960.420.680.860.31-0.280.620.45-0.370.51-0.320.680.790.990.17-0.350.870.750.980.87
0.650.070.140.73-0.440.750.130.530.690.35-0.190.460.22-0.220.22-0.250.640.460.820.16-0.490.870.520.861.0
0.880.630.810.76-0.30.820.20.910.750.53-0.230.420.35-0.230.84-0.260.480.730.81-0.18-0.180.750.520.760.52
0.850.240.50.93-0.320.970.380.690.870.36-0.280.610.39-0.350.52-0.320.630.790.980.16-0.390.980.860.760.86
0.650.070.140.73-0.440.750.130.530.690.35-0.190.460.22-0.220.22-0.250.640.460.820.16-0.490.871.00.520.86
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China Union Account Relationship Matchups

China Union fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets10.8B9.6B9.2B8.4B9.7B7.6B
Other Current Liab2.5B1.6B1.7B53.1M61.1M58.0M
Total Current Liabilities3.0B2.2B2.3B1.6B1.9B2.9B
Total Stockholder Equity4.9B5.0B5.3B5.3B6.1B6.4B
Retained Earnings3.2B3.3B3.0B3.0B3.5B3.6B
Accounts Payable404.9M563.2M439.6M274.0M246.6M234.2M
Cash4.1B2.1B3.9B2.0B2.3B2.0B
Other Assets1.4B1.7B1.8B1.4B1.6B1.7B
Long Term Debt2.0B1.3B586.8M537M617.6M973.0M
Net Receivables21.7M10.0M43.7M6.7M6.0M5.7M
Short Term Investments960M1.5B900M1.3B1.5B1.6B
Inventory3.2B3.1B2.1B3.0B3.4B2.4B
Other Current Assets63.5M258.7M79.3M12.4M11.1M10.6M
Total Liab5.0B3.6B3.0B2.2B2.5B4.0B
Intangible Assets3.7M3.0M2.8M2.8M2.5M2.4M
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 Assets8.3B7.0B7.0B6.4B7.4B8.1B
Non Current Assets Total2.5B2.6B2.2B2.0B2.3B2.5B
Non Currrent Assets Other2.2B89.8M70M1.2M1.1M1.0M
Non Current Liabilities Total2.0B1.4B627.1M577.0M663.6M1.2B
Net Invested Capital6.9B6.3B5.9B5.9B6.8B6.7B
Net Working Capital5.3B4.8B4.7B4.8B5.5B5.2B
Property Plant And Equipment Net795.7M781.6M758.3M736.0M662.4M622.1M
Property Plant And Equipment Gross910.2M917.0M758.3M912.5M821.2M705.2M

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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.