China Selling General Administrative vs Reconciled Depreciation Analysis

000999 Stock   43.02  0.08  0.19%   
China Resources financial indicator trend analysis is way more than just evaluating China Resources Sanjiu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Resources Sanjiu is a good investment. Please check the relationship between China Resources Selling General Administrative and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Resources Sanjiu. 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.

Selling General Administrative vs Reconciled Depreciation

Selling General Administrative vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Resources Sanjiu Selling General Administrative account and Reconciled Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China Resources' Selling General Administrative and Reconciled Depreciation is 0.56. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of China Resources Sanjiu, assuming nothing else is changed. The correlation between historical values of China Resources' Selling General Administrative and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of China Resources Sanjiu are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Selling General Administrative i.e., China Resources' Selling General Administrative and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Selling General Administrative

Reconciled Depreciation

Most indicators from China Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Resources Sanjiu 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 Resources Sanjiu. 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 7.3 B, whereas Tax Provision is forecasted to decline to about 405.4 M.
 2022 2023 2024 2025 (projected)
Operating Income3.0B4.0B4.6B4.8B
Total Revenue18.1B24.7B28.4B29.9B

China Resources fundamental ratios Correlations

-0.431.00.980.840.970.970.950.820.810.750.980.621.00.970.610.860.60.820.790.860.750.610.930.980.69
-0.43-0.43-0.31-0.15-0.28-0.54-0.46-0.06-0.6-0.13-0.5-0.07-0.47-0.330.04-0.09-0.37-0.2-0.15-0.26-0.030.02-0.6-0.45-0.02
1.0-0.430.970.810.960.960.960.820.790.760.980.620.990.940.570.840.550.830.80.870.770.630.920.990.71
0.98-0.310.970.911.00.910.880.860.680.780.920.590.960.960.630.920.550.880.850.90.830.670.820.930.78
0.84-0.150.810.910.930.740.650.740.530.720.740.460.810.890.690.960.420.870.720.740.730.550.630.750.79
0.97-0.280.961.00.930.890.860.850.660.790.90.570.940.950.640.940.520.890.840.890.830.670.80.910.8
0.97-0.540.960.910.740.890.950.750.90.650.990.640.980.930.610.790.70.710.680.790.610.480.980.980.54
0.95-0.460.960.880.650.860.950.760.830.660.970.610.960.880.470.690.550.710.730.810.70.60.950.980.57
0.82-0.060.820.860.740.850.750.760.50.710.770.750.790.770.570.830.550.690.840.890.830.720.650.80.64
0.81-0.60.790.680.530.660.90.830.50.440.890.550.840.80.50.560.650.460.40.540.310.220.950.850.23
0.75-0.130.760.780.720.790.650.660.710.440.680.470.730.70.480.710.240.880.860.750.80.730.590.720.83
0.98-0.50.980.920.740.90.990.970.770.890.680.650.990.940.580.780.670.730.720.820.660.540.980.990.56
0.62-0.070.620.590.460.570.640.610.750.550.470.650.630.550.420.60.510.410.510.570.480.480.580.630.35
1.0-0.470.990.960.810.940.980.960.790.840.730.990.630.950.580.830.590.80.760.840.720.580.950.990.66
0.97-0.330.940.960.890.950.930.880.770.80.70.940.550.950.720.90.630.790.730.80.70.550.880.930.65
0.610.040.570.630.690.640.610.470.570.50.480.580.420.580.720.810.590.530.440.420.410.340.530.550.43
0.86-0.090.840.920.960.940.790.690.830.560.710.780.60.830.90.810.540.820.720.760.720.560.670.780.76
0.6-0.370.550.550.420.520.70.550.550.650.240.670.510.590.630.590.540.210.430.590.290.220.660.610.01
0.82-0.20.830.880.870.890.710.710.690.460.880.730.410.80.790.530.820.210.840.750.850.680.620.750.93
0.79-0.150.80.850.720.840.680.730.840.40.860.720.510.760.730.440.720.430.840.930.970.860.590.760.75
0.86-0.260.870.90.740.890.790.810.890.540.750.820.570.840.80.420.760.590.750.930.890.760.710.850.65
0.75-0.030.770.830.730.830.610.70.830.310.80.660.480.720.70.410.720.290.850.970.890.890.520.710.8
0.610.020.630.670.550.670.480.60.720.220.730.540.480.580.550.340.560.220.680.860.760.890.410.60.69
0.93-0.60.920.820.630.80.980.950.650.950.590.980.580.950.880.530.670.660.620.590.710.520.410.960.43
0.98-0.450.990.930.750.910.980.980.80.850.720.990.630.990.930.550.780.610.750.760.850.710.60.960.61
0.69-0.020.710.780.790.80.540.570.640.230.830.560.350.660.650.430.760.010.930.750.650.80.690.430.61
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China Resources Account Relationship Matchups

China Resources fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets22.0B24.3B27.1B40.1B46.2B48.5B
Other Current Liab2.6B2.9B363.9M491.9M565.7M537.4M
Total Current Liabilities7.3B7.8B8.7B12.9B14.9B15.6B
Total Stockholder Equity13.7B15.3B17.0B19.0B21.8B22.9B
Other Liab544.9M528.5M655.6M723.2M831.6M873.2M
Retained Earnings11.1B12.7B13.8B15.6B18.0B18.9B
Accounts Payable1.1B1.4B1.8B3.1B3.6B3.7B
Cash3.8B3.1B3.1B6.8B7.8B8.2B
Other Assets492.6M998.2M858.8M1.0B1.2B1.2B
Net Receivables3.0B5.4B4.1B6.2B7.1B3.6B
Inventory1.8B2.3B2.5B5.1B5.9B6.2B
Other Current Assets283.3M508.2M268.6M500.3M575.3M604.1M
Total Liab8.0B8.6B9.6B15.9B18.3B19.2B
Intangible Assets2.6B2.6B2.7B4.1B4.7B4.9B
Property Plant Equipment3.5B3.6B3.8B4.2B4.9B5.1B
Good Will4.1B4.1B4.0B5.1B5.9B3.7B
Net Tangible Assets5.4B7.6B7.4B8.9B10.3B6.5B
Other Stockholder Equity(9.0M)(3.5M)(5.0M)215.6K248.0K260.4K
Deferred Long Term Liab269.0M383.6M522.7M466.3M536.2M303.2M
Short Long Term Debt25M60M168.5M885.7M1.0B1.1B
Total Current Assets10.9B12.5B12.0B22.5B25.9B27.2B
Non Current Assets Total11.1B11.8B15.1B17.6B20.3B12.8B
Non Currrent Assets Other166.7M264.1M2.8B285.2M328.0M576.8M
Non Current Liabilities Total655.6M819.8M916.7M2.9B3.4B3.5B
Net Invested Capital13.8B15.4B17.2B21.7B24.9B15.9B
Net Working Capital3.6B4.7B3.3B9.6B11.0B11.6B
Property Plant And Equipment Net3.8B4.2B4.8B6.6B7.6B5.1B
Property Plant And Equipment Gross6.5B7.3B8.2B6.6B7.6B7.7B

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Other Information on Investing in China Stock

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