Guocheng Property Plant Equipment vs Total Current Assets Analysis

000688 Stock   14.00  0.54  4.01%   
Guocheng Mining financial indicator trend analysis is much more than just examining Guocheng Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guocheng Mining is a good investment. Please check the relationship between Guocheng Mining Property Plant Equipment and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guocheng Mining Co. 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.

Property Plant Equipment vs Total Current Assets

Property Plant Equipment vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guocheng Mining Property Plant Equipment account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Guocheng Mining's Property Plant Equipment and Total Current Assets is -0.27. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Guocheng Mining Co, assuming nothing else is changed. The correlation between historical values of Guocheng Mining's Property Plant Equipment and Total Current 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 Property Plant Equipment of Guocheng Mining Co are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant Equipment i.e., Guocheng Mining's Property Plant Equipment and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant Equipment

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.
Most indicators from Guocheng Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guocheng Mining 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 Guocheng Mining Co. 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 83.5 M. The current year's Tax Provision is expected to grow to about 38.1 M
 2021 2022 2023 2024 (projected)
Operating Income266.7M194.6M87.2M82.8M
Total Revenue1.7B1.5B1.2B954.8M

Guocheng Mining fundamental ratios Correlations

0.390.950.720.940.610.95-0.040.840.91-0.28-0.760.390.360.970.540.360.99-0.80.910.930.970.640.97-0.240.85
0.390.330.460.40.410.23-0.170.320.28-0.2-0.46-0.150.640.350.920.230.37-0.440.380.380.390.40.38-0.310.55
0.950.330.510.930.390.99-0.210.730.93-0.36-0.710.310.320.990.440.140.94-0.890.810.830.980.480.96-0.410.82
0.720.460.510.610.890.530.160.750.59-0.1-0.540.390.190.560.570.710.73-0.340.730.750.610.690.620.120.68
0.940.40.930.610.520.92-0.290.820.9-0.4-0.70.240.440.950.620.210.93-0.930.870.890.980.540.97-0.470.93
0.610.410.390.890.520.420.320.670.4-0.19-0.690.360.170.450.570.530.59-0.230.70.710.50.790.520.250.57
0.950.230.990.530.920.42-0.180.750.94-0.38-0.690.340.280.980.370.170.94-0.850.810.840.970.480.95-0.350.79
-0.04-0.17-0.210.16-0.290.32-0.18-0.07-0.310.03-0.220.51-0.24-0.18-0.180.18-0.080.490.070.05-0.230.33-0.170.72-0.3
0.840.320.730.750.820.670.75-0.070.84-0.46-0.610.040.240.780.50.430.83-0.650.930.930.830.780.87-0.050.74
0.910.280.930.590.90.40.94-0.310.84-0.37-0.530.140.270.930.40.290.93-0.820.80.820.950.460.93-0.350.78
-0.28-0.2-0.36-0.1-0.4-0.19-0.380.03-0.46-0.370.480.15-0.01-0.39-0.290.3-0.240.45-0.42-0.42-0.42-0.35-0.430.25-0.38
-0.76-0.46-0.71-0.54-0.7-0.69-0.69-0.22-0.61-0.530.48-0.32-0.27-0.74-0.56-0.09-0.70.6-0.79-0.8-0.72-0.77-0.750.12-0.67
0.39-0.150.310.390.240.360.340.510.040.140.15-0.32-0.170.29-0.020.160.37-0.030.240.270.260.10.230.140.24
0.360.640.320.190.440.170.28-0.240.240.27-0.01-0.27-0.170.340.70.310.33-0.520.280.280.370.170.35-0.470.51
0.970.350.990.560.950.450.98-0.180.780.93-0.39-0.740.290.340.490.160.95-0.890.870.890.990.560.99-0.370.85
0.540.920.440.570.620.570.37-0.180.50.4-0.29-0.56-0.020.70.490.260.51-0.590.560.560.540.490.54-0.380.74
0.360.230.140.710.210.530.170.180.430.290.3-0.090.160.310.160.260.41-0.040.310.320.20.330.210.140.31
0.990.370.940.730.930.590.94-0.080.830.93-0.24-0.70.370.330.950.510.41-0.790.880.90.960.590.95-0.270.83
-0.8-0.44-0.89-0.34-0.93-0.23-0.850.49-0.65-0.820.450.6-0.03-0.52-0.89-0.59-0.04-0.79-0.7-0.72-0.9-0.34-0.880.71-0.88
0.910.380.810.730.870.70.810.070.930.8-0.42-0.790.240.280.870.560.310.88-0.71.00.880.860.93-0.040.8
0.930.380.830.750.890.710.840.050.930.82-0.42-0.80.270.280.890.560.320.9-0.721.00.90.840.94-0.070.82
0.970.390.980.610.980.50.97-0.230.830.95-0.42-0.720.260.370.990.540.20.96-0.90.880.90.560.99-0.40.88
0.640.40.480.690.540.790.480.330.780.46-0.35-0.770.10.170.560.490.330.59-0.340.860.840.560.650.330.53
0.970.380.960.620.970.520.95-0.170.870.93-0.43-0.750.230.350.990.540.210.95-0.880.930.940.990.65-0.320.88
-0.24-0.31-0.410.12-0.470.25-0.350.72-0.05-0.350.250.120.14-0.47-0.37-0.380.14-0.270.71-0.04-0.07-0.40.33-0.32-0.51
0.850.550.820.680.930.570.79-0.30.740.78-0.38-0.670.240.510.850.740.310.83-0.880.80.820.880.530.88-0.51
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Guocheng Mining Account Relationship Matchups

Guocheng Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B3.6B5.5B7.8B8.8B9.2B
Other Current Liab286.1M266.7M459.9M1.1B57.5M54.6M
Total Current Liabilities499.6M408.5M1.1B2.6B3.1B3.3B
Total Stockholder Equity2.1B2.4B2.6B2.9B2.9B1.9B
Other Liab33.8M34.1M37.8M445.7M512.5M538.2M
Retained Earnings1.3B1.4B1.6B1.1B1.1B776.4M
Accounts Payable185.7M100.7M328.6M699.8M1.1B1.1B
Cash477.2M834.3M178.5M145.8M215.2M235.8M
Other Assets117.8M225.8M231.1M223.1M256.6M269.4M
Net Receivables67.9M69.0M77.1M23.5M39.2M37.3M
Inventory60.1M40.0M52.2M49.1M92.9M60.1M
Other Current Assets20.6M11.4M85.3M103.5M22.2M38.8M
Total Liab533.7M1.2B2.5B4.5B5.5B5.7B
Intangible Assets386.3M366.4M2.1B2.7B236.2M315.7M
Property Plant Equipment1.3B1.4B2.4B3.5B4.0B4.2B
Net Tangible Assets1.7B2.1B318.2M(58.0M)(52.2M)(49.6M)
Other Stockholder Equity29.9M12.2M151.4M150.1M172.6M181.3M
Deferred Long Term Liab5.2M4.7M14.9M15.7M18.1M19.0M
Non Current Assets Total2.0B2.2B5.1B7.4B8.3B8.7B
Non Currrent Assets Other105.7M301.8M198.0M178.7M175.5M167.4M
Non Current Liabilities Total34.1M741.7M1.4B2.0B2.3B2.5B
Total Current Assets649.0M1.4B408.2M352.9M459.0M585.9M
Non Current Liabilities Other25.9M25.9M70.5M73.0M77.9M48.1M
Net Invested Capital2.1B3.1B3.5B4.5B4.9B3.6B
Net Working Capital149.4M964.8M(705.5M)(2.2B)(2.7B)(2.5B)

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Other Information on Investing in Guocheng Stock

Balance Sheet is a snapshot of the financial position of Guocheng Mining at a specified time, usually calculated after every quarter, six months, or one year. Guocheng Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guocheng Mining 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 Guocheng currently owns. An asset can also be divided into two categories, current and non-current.