Yunnan Property Plant Equipment vs Short Term Investments Analysis

000807 Stock   13.75  0.45  3.17%   
Yunnan Aluminium financial indicator trend analysis is more than just analyzing Yunnan Aluminium current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunnan Aluminium is a good investment. Please check the relationship between Yunnan Aluminium Property Plant Equipment and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yunnan Aluminium 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 board of governors.

Property Plant Equipment vs Short Term Investments

Property Plant Equipment vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yunnan Aluminium Property Plant Equipment account and Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Yunnan Aluminium's Property Plant Equipment and Short Term Investments is -0.65. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Yunnan Aluminium Co, assuming nothing else is changed. The correlation between historical values of Yunnan Aluminium's Property Plant Equipment and Short Term Investments 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 Yunnan Aluminium Co are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant Equipment i.e., Yunnan Aluminium's Property Plant Equipment and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Property Plant Equipment

Short Term Investments

Short Term Investments is an item under the current assets section of Yunnan Aluminium balance sheet. It contains any investments Yunnan Aluminium Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Yunnan Aluminium can easily liquidate in the marketplace.
Most indicators from Yunnan Aluminium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunnan Aluminium 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 Yunnan Aluminium 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 board of governors.
The current year's Tax Provision is expected to grow to about 866.3 M, whereas Selling General Administrative is forecasted to decline to about 129.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit8.5B7.2B6.7B4.6B
Research Development55.2M82.6M198.0M207.9M

Yunnan Aluminium fundamental ratios Correlations

0.430.690.520.210.820.470.560.460.290.930.240.70.720.750.85-0.07-0.660.390.63-0.10.740.470.20.80.64
0.430.7-0.23-0.460.660.080.640.270.380.380.680.730.010.030.20.61-0.32-0.33-0.110.4-0.140.520.070.12-0.03
0.690.7-0.05-0.370.810.370.830.290.580.680.680.980.230.280.480.23-0.52-0.20.090.410.220.830.330.430.22
0.52-0.23-0.050.920.240.62-0.070.07-0.230.49-0.51-0.070.890.930.8-0.32-0.340.990.79-0.570.82-0.21-0.070.740.76
0.21-0.46-0.370.92-0.080.51-0.29-0.1-0.310.23-0.65-0.390.690.730.55-0.29-0.160.960.6-0.610.62-0.52-0.090.470.54
0.820.660.810.24-0.080.30.640.470.440.740.50.830.520.50.660.19-0.50.10.320.10.450.540.060.530.48
0.470.080.370.620.510.30.39-0.310.220.55-0.090.280.490.690.590.07-0.450.570.430.060.50.230.550.580.28
0.560.640.83-0.07-0.290.640.390.140.560.670.470.810.060.190.330.28-0.46-0.170.080.640.130.670.460.320.01
0.460.270.290.07-0.10.47-0.310.14-0.170.290.30.460.330.260.47-0.11-0.53-0.030.1-0.310.260.11-0.550.190.49
0.290.380.58-0.23-0.310.440.220.56-0.170.40.570.52-0.21-0.09-0.010.52-0.33-0.28-0.160.5-0.210.310.52-0.1-0.35
0.930.380.680.490.230.740.550.670.290.40.230.670.610.680.75-0.08-0.610.390.580.120.70.490.420.770.5
0.240.680.68-0.51-0.650.5-0.090.470.30.570.230.71-0.29-0.25-0.030.57-0.38-0.61-0.390.44-0.360.430.12-0.23-0.3
0.70.730.98-0.07-0.390.830.280.810.460.520.670.710.230.280.50.25-0.6-0.220.060.350.190.770.20.380.24
0.720.010.230.890.690.520.490.060.33-0.210.61-0.290.230.930.91-0.37-0.350.830.8-0.590.90.08-0.180.860.93
0.750.030.280.930.730.50.690.190.26-0.090.68-0.250.280.930.95-0.24-0.560.860.79-0.440.860.09-0.010.850.82
0.850.20.480.80.550.660.590.330.47-0.010.75-0.030.50.910.95-0.17-0.650.70.69-0.40.820.22-0.080.830.84
-0.070.610.23-0.32-0.290.190.070.28-0.110.52-0.080.570.25-0.37-0.24-0.17-0.25-0.34-0.40.31-0.58-0.120.07-0.48-0.55
-0.66-0.32-0.52-0.34-0.16-0.5-0.45-0.46-0.53-0.33-0.61-0.38-0.6-0.35-0.56-0.65-0.25-0.22-0.260.04-0.28-0.16-0.06-0.32-0.26
0.39-0.33-0.20.990.960.10.57-0.17-0.03-0.280.39-0.61-0.220.830.860.7-0.34-0.220.75-0.580.76-0.32-0.070.660.69
0.63-0.110.090.790.60.320.430.080.1-0.160.58-0.390.060.80.790.69-0.4-0.260.75-0.330.810.09-0.030.790.69
-0.10.40.41-0.57-0.610.10.060.64-0.310.50.120.440.35-0.59-0.44-0.40.310.04-0.58-0.33-0.430.520.58-0.23-0.59
0.74-0.140.220.820.620.450.50.130.26-0.210.7-0.360.190.90.860.82-0.58-0.280.760.81-0.430.210.090.920.87
0.470.520.83-0.21-0.520.540.230.670.110.310.490.430.770.080.090.22-0.12-0.16-0.320.090.520.210.420.450.17
0.20.070.33-0.07-0.090.060.550.46-0.550.520.420.120.2-0.18-0.01-0.080.07-0.06-0.07-0.030.580.090.420.19-0.33
0.80.120.430.740.470.530.580.320.19-0.10.77-0.230.380.860.850.83-0.48-0.320.660.79-0.230.920.450.190.83
0.64-0.030.220.760.540.480.280.010.49-0.350.5-0.30.240.930.820.84-0.55-0.260.690.69-0.590.870.17-0.330.83
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Yunnan Aluminium Account Relationship Matchups

Yunnan Aluminium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.6B41.0B37.8B39.1B39.3B21.7B
Other Current Liab756.7M1.8B940.5M623.5M308.2M292.8M
Total Current Liabilities20.5B17.4B9.8B9.0B6.1B8.6B
Total Stockholder Equity10.9B11.8B18.2B22.4B25.7B27.0B
Retained Earnings(259.0M)643.6M4.0B8.1B10.9B11.4B
Accounts Payable7.2B9.4B5.2B5.8B3.7B3.3B
Cash4.1B1.2B1.6B3.0B5.3B5.5B
Other Assets1.0B1.4B858.2M699.4M804.3M748.0M
Long Term Debt4.7B9.4B6.7B4.4B3.8B3.7B
Net Receivables862.2M162.6M34.7M959.7M162.4M154.3M
Inventory3.4B3.5B3.0B3.9B4.1B2.2B
Other Current Assets777.3M809.4M356.3M215.5M34.1M32.4M
Total Liab27.0B27.3B16.9B13.8B10.1B13.3B
Intangible Assets2.7B3.0B3.2B3.1B3.1B3.3B
Property Plant Equipment26.3B30.1B27.8B25.1B28.9B30.3B
Other Liab391.7M442.0M258.4M330.0M379.6M699.1M
Net Tangible Assets8.3B8.9B15.0B19.2B22.1B23.2B
Other Stockholder Equity27.2M770.8K92.5M47.0M54.1M28.9M
Deferred Long Term Liab95.5M98.3M60.2M62.3M56.1M53.3M
Short Long Term Debt8.5B5.6B2.7B470.0M70.2M66.7M
Total Current Assets9.1B6.1B5.4B8.2B9.9B6.8B
Non Current Assets Total30.5B35.0B32.5B30.8B29.4B32.2B
Non Currrent Assets Other689.2M31.1B297.5M178.6M202.4M192.3M
Non Current Liabilities Total6.5B9.9B7.1B4.7B4.0B5.1B
Non Current Liabilities Other80.9M135.5M136.3M217.8M28.0M26.6M
Net Debt9.2B13.8B7.8B1.8B1.6B1.5B
Net Invested Capital24.1B26.8B27.6B27.2B29.6B28.1B
Net Working Capital(11.4B)(11.3B)(4.5B)(800.9M)3.8B4.0B

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Other Information on Investing in Yunnan Stock

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