China Total Current Assets vs Property Plant Equipment Analysis

000927 Stock   2.49  0.02  0.80%   
China Railway financial indicator trend analysis is way more than just evaluating China Railway Materials prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Railway Materials is a good investment. Please check the relationship between China Railway Total Current Assets and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Railway Materials. 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 Property Plant Equipment

Total Current Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Railway Materials Total Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between China Railway's Total Current Assets and Property Plant Equipment is -0.36. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of China Railway Materials, assuming nothing else is changed. The correlation between historical values of China Railway's Total Current Assets and Property Plant Equipment 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 Railway Materials are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Assets i.e., China Railway's Total Current Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Property Plant Equipment

Most indicators from China Railway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Railway Materials 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 Railway Materials. 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 March 2, 2025, Selling General Administrative is expected to decline to about 319.5 M. In addition to that, Tax Provision is expected to decline to about 154.9 M

China Railway fundamental ratios Correlations

0.70.680.990.97-0.070.6-0.050.660.960.36-0.330.960.980.430.970.640.990.990.680.930.98-0.780.80.43-0.36
0.70.660.620.75-0.090.040.66-0.070.620.21-0.290.620.630.150.80.860.630.681.00.680.74-0.640.620.26-0.22
0.680.660.640.71-0.12-0.070.220.220.640.14-0.360.640.680.280.710.560.640.690.650.60.71-0.60.570.24-0.27
0.990.620.640.91-0.150.69-0.160.730.980.28-0.360.980.990.410.930.621.00.990.610.90.97-0.770.710.38-0.33
0.970.750.710.910.090.440.10.520.880.51-0.220.880.920.360.970.620.920.930.750.950.94-0.70.880.5-0.42
-0.07-0.09-0.12-0.150.09-0.270.15-0.07-0.270.840.52-0.27-0.180.02-0.04-0.44-0.15-0.21-0.090.12-0.220.370.390.46-0.4
0.60.04-0.070.690.44-0.27-0.60.830.690.05-0.250.690.640.320.460.240.680.630.040.50.57-0.450.260.17-0.1
-0.050.660.22-0.160.10.15-0.6-0.76-0.180.110.01-0.18-0.13-0.130.140.44-0.14-0.090.660.020.0-0.080.150.050.05
0.66-0.070.220.730.52-0.070.83-0.760.70.19-0.20.70.710.440.50.010.730.67-0.090.560.58-0.440.420.26-0.26
0.960.620.640.980.88-0.270.69-0.180.70.16-0.41.00.970.350.910.670.980.980.610.860.97-0.760.660.28-0.34
0.360.210.140.280.510.840.050.110.190.160.420.160.240.040.36-0.10.270.220.240.560.240.060.620.68-0.41
-0.33-0.29-0.36-0.36-0.220.52-0.250.01-0.2-0.40.42-0.4-0.41-0.48-0.35-0.52-0.38-0.42-0.26-0.18-0.390.66-0.09-0.26-0.33
0.960.620.640.980.88-0.270.69-0.180.71.00.16-0.40.970.350.910.670.980.980.610.860.97-0.760.660.28-0.34
0.980.630.680.990.92-0.180.64-0.130.710.970.24-0.410.970.510.940.620.990.990.610.880.97-0.830.750.36-0.3
0.430.150.280.410.360.020.32-0.130.440.350.04-0.480.350.510.460.10.450.450.080.30.36-0.720.510.20.07
0.970.80.710.930.97-0.040.460.140.50.910.36-0.350.910.940.460.690.940.960.790.920.96-0.820.850.42-0.37
0.640.860.560.620.62-0.440.240.440.010.67-0.1-0.520.670.620.10.690.620.680.870.590.75-0.650.340.16-0.01
0.990.630.641.00.92-0.150.68-0.140.730.980.27-0.380.980.990.450.940.620.990.620.90.97-0.790.730.39-0.32
0.990.680.690.990.93-0.210.63-0.090.670.980.22-0.420.980.990.450.960.680.990.660.890.98-0.830.740.34-0.31
0.681.00.650.610.75-0.090.040.66-0.090.610.24-0.260.610.610.080.790.870.620.660.680.74-0.60.590.29-0.2
0.930.680.60.90.950.120.50.020.560.860.56-0.180.860.880.30.920.590.90.890.680.92-0.640.770.6-0.33
0.980.740.710.970.94-0.220.570.00.580.970.24-0.390.970.970.360.960.750.970.980.740.92-0.810.70.39-0.26
-0.78-0.64-0.6-0.77-0.70.37-0.45-0.08-0.44-0.760.060.66-0.76-0.83-0.72-0.82-0.65-0.79-0.83-0.6-0.64-0.81-0.59-0.24-0.06
0.80.620.570.710.880.390.260.150.420.660.62-0.090.660.750.510.850.340.730.740.590.770.7-0.590.46-0.55
0.430.260.240.380.50.460.170.050.260.280.68-0.260.280.360.20.420.160.390.340.290.60.39-0.240.460.09
-0.36-0.22-0.27-0.33-0.42-0.4-0.10.05-0.26-0.34-0.41-0.33-0.34-0.30.07-0.37-0.01-0.32-0.31-0.2-0.33-0.26-0.06-0.550.09
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China Railway Account Relationship Matchups

China Railway fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets24.3B29.7B27.7B25.0B28.7B30.2B
Short Long Term Debt Total2.2B3.2B2.1B9.9B11.4B12.0B
Other Current Liab254.8M275.1M2.9B1.8B2.1B2.2B
Total Current Liabilities15.8B20.0B16.9B14.0B16.1B16.9B
Total Stockholder Equity6.7B7.7B8.4B8.9B10.2B10.8B
Property Plant And Equipment Net1.2B1.8B1.8B2.1B1.9B1.6B
Current Deferred Revenue3.4B4.2B1.4B1.0B1.2B925.3M
Net Debt(4.3B)(3.8B)(3.7B)4.8B4.4B4.6B
Accounts Payable10.3B12.6B11.0B1.5B1.8B3.0B
Cash6.5B7.0B5.8B5.1B5.9B6.1B
Non Current Assets Total3.7B4.5B4.6B5.0B5.8B4.2B
Non Currrent Assets Other156.6M135.4M259.1M225.0M258.8M245.9M
Cash And Short Term Investments6.5B7.0B5.8B5.1B5.9B6.1B
Net Receivables11.5B15.4B15.0B11.0B12.7B13.3B
Liabilities And Stockholders Equity24.3B29.7B27.7B25.0B28.7B30.2B
Non Current Liabilities Total1.0B996.6M1.3B1.0B905.8M550.8M
Inventory2.0B2.2B2.2B2.5B2.8B3.0B
Other Current Assets603.2M650.0M129.6M1.4B1.3B1.3B
Total Liab16.8B21.0B18.2B15.0B17.2B18.1B
Total Current Assets20.6B25.3B23.1B20.0B23.0B24.1B
Short Term Debt1.9B2.9B1.5B9.6B11.1B11.6B
Intangible Assets757.9M690.7M673.9M715.3M822.6M863.8M
Other Stockholder Equity551.7M0.71459.5M1.00.90.86
Retained Earnings46.9M969.9M1.6B2.2B2.0B2.1B
Other Liab155.2M653.7M609.5M705.7M811.6M852.1M
Long Term Debt380M260M480M220M198M315.1M
Property Plant Equipment1.4B1.4B1.2B1.8B1.6B1.7B
Net Tangible Assets(83.7M)4.5B5.9B7.0B8.1B8.5B
Deferred Long Term Liab2.5M20.7M12.1M79.9M91.9M96.5M
Short Long Term Debt1.3B2.6B1.3B1.7B2.0B1.6B
Non Current Liabilities Other291.1M300.1M310.3M291.9M335.6M236.9M
Net Invested Capital8.4B10.6B10.2B10.9B12.5B6.8B
Net Working Capital4.8B5.3B6.2B6.0B6.9B7.2B
Property Plant And Equipment Gross2.9B3.5B3.6B4.0B4.6B3.7B

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Other Information on Investing in China Stock

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