Guocheng Retained Earnings vs Total Current Liabilities 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 Retained Earnings and its Total Current Liabilities 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.

Retained Earnings vs Total Current Liabilities

Retained Earnings vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guocheng Mining Retained Earnings account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.

The correlation between Guocheng Mining's Retained Earnings and Total Current Liabilities is 0.39. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities 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 Retained Earnings and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Guocheng Mining Co are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., Guocheng Mining's Retained Earnings and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Current Liabilities

Total Current Liabilities is an item on Guocheng Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Guocheng Mining Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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 Income	266.7M	194.6M	87.2M	82.8M
Total Revenue	1.7B	1.5B	1.2B	954.8M

Operating Income Total Revenue

Guocheng Mining fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Total Current Assets	Non Current Liabilities Other
Total Assets		0.39	0.95	0.72	0.94	0.61	0.95	-0.04	0.84	0.91	-0.28	-0.76	0.39	0.36	0.97	0.54	0.36	0.99	-0.8	0.91	0.93	0.97	0.64	0.97	-0.24	0.85
Other Current Liab	0.39		0.33	0.46	0.4	0.41	0.23	-0.17	0.32	0.28	-0.2	-0.46	-0.15	0.64	0.35	0.92	0.23	0.37	-0.44	0.38	0.38	0.39	0.4	0.38	-0.31	0.55
Total Current Liabilities	0.95	0.33		0.51	0.93	0.39	0.99	-0.21	0.73	0.93	-0.36	-0.71	0.31	0.32	0.99	0.44	0.14	0.94	-0.89	0.81	0.83	0.98	0.48	0.96	-0.41	0.82
Total Stockholder Equity	0.72	0.46	0.51		0.61	0.89	0.53	0.16	0.75	0.59	-0.1	-0.54	0.39	0.19	0.56	0.57	0.71	0.73	-0.34	0.73	0.75	0.61	0.69	0.62	0.12	0.68
Other Liab	0.94	0.4	0.93	0.61		0.52	0.92	-0.29	0.82	0.9	-0.4	-0.7	0.24	0.44	0.95	0.62	0.21	0.93	-0.93	0.87	0.89	0.98	0.54	0.97	-0.47	0.93
Retained Earnings	0.61	0.41	0.39	0.89	0.52		0.42	0.32	0.67	0.4	-0.19	-0.69	0.36	0.17	0.45	0.57	0.53	0.59	-0.23	0.7	0.71	0.5	0.79	0.52	0.25	0.57
Accounts Payable	0.95	0.23	0.99	0.53	0.92	0.42		-0.18	0.75	0.94	-0.38	-0.69	0.34	0.28	0.98	0.37	0.17	0.94	-0.85	0.81	0.84	0.97	0.48	0.95	-0.35	0.79
Cash	-0.04	-0.17	-0.21	0.16	-0.29	0.32	-0.18		-0.07	-0.31	0.03	-0.22	0.51	-0.24	-0.18	-0.18	0.18	-0.08	0.49	0.07	0.05	-0.23	0.33	-0.17	0.72	-0.3
Other Assets	0.84	0.32	0.73	0.75	0.82	0.67	0.75	-0.07		0.84	-0.46	-0.61	0.04	0.24	0.78	0.5	0.43	0.83	-0.65	0.93	0.93	0.83	0.78	0.87	-0.05	0.74
Long Term Debt	0.91	0.28	0.93	0.59	0.9	0.4	0.94	-0.31	0.84		-0.37	-0.53	0.14	0.27	0.93	0.4	0.29	0.93	-0.82	0.8	0.82	0.95	0.46	0.93	-0.35	0.78
Net Receivables	-0.28	-0.2	-0.36	-0.1	-0.4	-0.19	-0.38	0.03	-0.46	-0.37		0.48	0.15	-0.01	-0.39	-0.29	0.3	-0.24	0.45	-0.42	-0.42	-0.42	-0.35	-0.43	0.25	-0.38
Short Term Investments	-0.76	-0.46	-0.71	-0.54	-0.7	-0.69	-0.69	-0.22	-0.61	-0.53	0.48		-0.32	-0.27	-0.74	-0.56	-0.09	-0.7	0.6	-0.79	-0.8	-0.72	-0.77	-0.75	0.12	-0.67
Inventory	0.39	-0.15	0.31	0.39	0.24	0.36	0.34	0.51	0.04	0.14	0.15	-0.32		-0.17	0.29	-0.02	0.16	0.37	-0.03	0.24	0.27	0.26	0.1	0.23	0.14	0.24
Other Current Assets	0.36	0.64	0.32	0.19	0.44	0.17	0.28	-0.24	0.24	0.27	-0.01	-0.27	-0.17		0.34	0.7	0.31	0.33	-0.52	0.28	0.28	0.37	0.17	0.35	-0.47	0.51
Total Liab	0.97	0.35	0.99	0.56	0.95	0.45	0.98	-0.18	0.78	0.93	-0.39	-0.74	0.29	0.34		0.49	0.16	0.95	-0.89	0.87	0.89	0.99	0.56	0.99	-0.37	0.85
Intangible Assets	0.54	0.92	0.44	0.57	0.62	0.57	0.37	-0.18	0.5	0.4	-0.29	-0.56	-0.02	0.7	0.49		0.26	0.51	-0.59	0.56	0.56	0.54	0.49	0.54	-0.38	0.74
Common Stock	0.36	0.23	0.14	0.71	0.21	0.53	0.17	0.18	0.43	0.29	0.3	-0.09	0.16	0.31	0.16	0.26		0.41	-0.04	0.31	0.32	0.2	0.33	0.21	0.14	0.31
Property Plant Equipment	0.99	0.37	0.94	0.73	0.93	0.59	0.94	-0.08	0.83	0.93	-0.24	-0.7	0.37	0.33	0.95	0.51	0.41		-0.79	0.88	0.9	0.96	0.59	0.95	-0.27	0.83
Net Tangible Assets	-0.8	-0.44	-0.89	-0.34	-0.93	-0.23	-0.85	0.49	-0.65	-0.82	0.45	0.6	-0.03	-0.52	-0.89	-0.59	-0.04	-0.79		-0.7	-0.72	-0.9	-0.34	-0.88	0.71	-0.88
Other Stockholder Equity	0.91	0.38	0.81	0.73	0.87	0.7	0.81	0.07	0.93	0.8	-0.42	-0.79	0.24	0.28	0.87	0.56	0.31	0.88	-0.7		1.0	0.88	0.86	0.93	-0.04	0.8
Deferred Long Term Liab	0.93	0.38	0.83	0.75	0.89	0.71	0.84	0.05	0.93	0.82	-0.42	-0.8	0.27	0.28	0.89	0.56	0.32	0.9	-0.72	1.0		0.9	0.84	0.94	-0.07	0.82
Non Current Assets Total	0.97	0.39	0.98	0.61	0.98	0.5	0.97	-0.23	0.83	0.95	-0.42	-0.72	0.26	0.37	0.99	0.54	0.2	0.96	-0.9	0.88	0.9		0.56	0.99	-0.4	0.88
Non Currrent Assets Other	0.64	0.4	0.48	0.69	0.54	0.79	0.48	0.33	0.78	0.46	-0.35	-0.77	0.1	0.17	0.56	0.49	0.33	0.59	-0.34	0.86	0.84	0.56		0.65	0.33	0.53
Non Current Liabilities Total	0.97	0.38	0.96	0.62	0.97	0.52	0.95	-0.17	0.87	0.93	-0.43	-0.75	0.23	0.35	0.99	0.54	0.21	0.95	-0.88	0.93	0.94	0.99	0.65		-0.32	0.88
Total Current Assets	-0.24	-0.31	-0.41	0.12	-0.47	0.25	-0.35	0.72	-0.05	-0.35	0.25	0.12	0.14	-0.47	-0.37	-0.38	0.14	-0.27	0.71	-0.04	-0.07	-0.4	0.33	-0.32		-0.51
Non Current Liabilities Other	0.85	0.55	0.82	0.68	0.93	0.57	0.79	-0.3	0.74	0.78	-0.38	-0.67	0.24	0.51	0.85	0.74	0.31	0.83	-0.88	0.8	0.82	0.88	0.53	0.88	-0.51

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Guocheng Mining Account Relationship Matchups

Guocheng Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	3.6B	5.5B	7.8B	8.8B	9.2B
Other Current Liab	286.1M	266.7M	459.9M	1.1B	57.5M	54.6M
Total Current Liabilities	499.6M	408.5M	1.1B	2.6B	3.1B	3.3B
Total Stockholder Equity	2.1B	2.4B	2.6B	2.9B	2.9B	1.9B
Other Liab	33.8M	34.1M	37.8M	445.7M	512.5M	538.2M
Retained Earnings	1.3B	1.4B	1.6B	1.1B	1.1B	776.4M
Accounts Payable	185.7M	100.7M	328.6M	699.8M	1.1B	1.1B
Cash	477.2M	834.3M	178.5M	145.8M	215.2M	235.8M
Other Assets	117.8M	225.8M	231.1M	223.1M	256.6M	269.4M
Net Receivables	67.9M	69.0M	77.1M	23.5M	39.2M	37.3M
Inventory	60.1M	40.0M	52.2M	49.1M	92.9M	60.1M
Other Current Assets	20.6M	11.4M	85.3M	103.5M	22.2M	38.8M
Total Liab	533.7M	1.2B	2.5B	4.5B	5.5B	5.7B
Intangible Assets	386.3M	366.4M	2.1B	2.7B	236.2M	315.7M
Property Plant Equipment	1.3B	1.4B	2.4B	3.5B	4.0B	4.2B
Net Tangible Assets	1.7B	2.1B	318.2M	(58.0M)	(52.2M)	(49.6M)
Other Stockholder Equity	29.9M	12.2M	151.4M	150.1M	172.6M	181.3M
Deferred Long Term Liab	5.2M	4.7M	14.9M	15.7M	18.1M	19.0M
Non Current Assets Total	2.0B	2.2B	5.1B	7.4B	8.3B	8.7B
Non Currrent Assets Other	105.7M	301.8M	198.0M	178.7M	175.5M	167.4M
Non Current Liabilities Total	34.1M	741.7M	1.4B	2.0B	2.3B	2.5B
Total Current Assets	649.0M	1.4B	408.2M	352.9M	459.0M	585.9M
Non Current Liabilities Other	25.9M	25.9M	70.5M	73.0M	77.9M	48.1M
Net Invested Capital	2.1B	3.1B	3.5B	4.5B	4.9B	3.6B
Net Working Capital	149.4M	964.8M	(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.

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Guocheng Retained Earnings vs Total Current Liabilities Analysis

Retained Earnings vs Total Current Liabilities

Retained Earnings vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Retained Earnings

Total Current Liabilities

Guocheng Mining fundamental ratios Correlations

Guocheng Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guocheng Mining fundamental ratios Accounts

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Other Information on Investing in Guocheng Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Deferred Long Term Liab	+ 1.0	Other Stockholder Equity
Property Plant Equipment	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Total Liab
Non Current Liabilities Total	+ 0.99	Total Liab

Net Tangible Assets	- 0.93	Other Liab
Non Current Assets Total	- 0.9	Net Tangible Assets
Net Tangible Assets	- 0.89	Total Liab
Net Tangible Assets	- 0.89	Total Current Liabilities
Non Current Liabilities Other	- 0.88	Net Tangible Assets
Non Current Liabilities Total	- 0.88	Net Tangible Assets