TongFu Capital Expenditures vs Free Cash Flow Analysis

002156 Stock   26.19  1.27  4.62%   
TongFu Microelectronics financial indicator trend analysis is much more than just breaking down TongFu Microelectronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TongFu Microelectronics is a good investment. Please check the relationship between TongFu Microelectronics Capital Expenditures and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in TongFu Microelectronics 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.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TongFu Microelectronics Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between TongFu Microelectronics' Capital Expenditures and Free Cash Flow is -0.65. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of TongFu Microelectronics Co, assuming nothing else is changed. The correlation between historical values of TongFu Microelectronics' Capital Expenditures and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of TongFu Microelectronics Co are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., TongFu Microelectronics' Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Capital Expenditures

Capital Expenditures are funds used by TongFu Microelectronics to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of TongFu Microelectronics operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from TongFu Microelectronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TongFu Microelectronics 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 TongFu Microelectronics 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 197 M. The current year's Tax Provision is expected to grow to about 24.3 M
 2022 2023 2024 2025 (projected)
Gross Profit3.0B2.6B3.0B1.8B
Research Development1.3B1.2B1.3B748.0M

TongFu Microelectronics fundamental ratios Correlations

0.61.01.00.760.990.960.971.00.980.980.990.961.00.880.951.00.97-0.530.330.750.870.920.930.90.97
0.60.630.560.430.630.780.570.610.580.610.630.60.620.530.50.590.55-0.330.140.580.670.690.610.660.59
1.00.630.990.750.990.960.961.00.970.980.990.961.00.870.930.990.96-0.510.370.780.890.920.940.910.98
1.00.560.990.760.990.940.980.990.970.970.980.950.990.870.960.990.97-0.490.320.750.850.910.920.890.96
0.760.430.750.760.740.740.760.720.610.730.740.850.750.950.870.740.6-0.070.360.80.840.660.840.570.62
0.990.630.990.990.740.960.960.990.980.970.980.960.990.850.941.00.96-0.570.270.730.840.910.90.910.97
0.960.780.960.940.740.960.920.950.930.960.950.940.960.860.890.950.91-0.510.270.760.870.920.890.890.92
0.970.570.960.980.760.960.920.970.950.920.930.930.970.870.940.970.94-0.480.20.750.860.910.930.870.94
1.00.611.00.990.720.990.950.970.980.970.990.951.00.840.921.00.98-0.540.320.750.860.920.920.920.99
0.980.580.970.970.610.980.930.950.980.960.960.90.980.760.870.980.99-0.630.250.660.770.910.850.920.99
0.980.610.980.970.730.970.960.920.970.960.990.930.980.850.930.980.95-0.520.430.720.830.90.880.890.95
0.990.630.990.980.740.980.950.930.990.960.990.940.990.850.930.990.95-0.50.440.760.880.910.920.90.97
0.960.60.960.950.850.960.940.930.950.90.930.940.960.910.930.960.89-0.460.290.820.880.880.930.860.92
1.00.621.00.990.750.990.960.971.00.980.980.990.960.860.931.00.97-0.530.340.760.870.920.930.910.98
0.880.530.870.870.950.850.860.870.840.760.850.850.910.860.930.850.75-0.240.350.80.890.790.910.70.75
0.950.50.930.960.870.940.890.940.920.870.930.930.930.930.930.930.87-0.340.370.770.870.840.920.790.86
1.00.590.990.990.741.00.950.971.00.980.980.990.961.00.850.930.97-0.560.310.730.850.910.910.910.98
0.970.550.960.970.60.960.910.940.980.990.950.950.890.970.750.870.97-0.560.270.680.780.90.860.910.98
-0.53-0.33-0.51-0.49-0.07-0.57-0.51-0.48-0.54-0.63-0.52-0.5-0.46-0.53-0.24-0.34-0.56-0.560.1-0.01-0.17-0.47-0.25-0.59-0.62
0.330.140.370.320.360.270.270.20.320.250.430.440.290.340.350.370.310.270.10.380.430.280.380.230.27
0.750.580.780.750.80.730.760.750.750.660.720.760.820.760.80.770.730.68-0.010.380.950.840.880.770.69
0.870.670.890.850.840.840.870.860.860.770.830.880.880.870.890.870.850.78-0.170.430.950.890.970.820.8
0.920.690.920.910.660.910.920.910.920.910.90.910.880.920.790.840.910.9-0.470.280.840.890.870.980.9
0.930.610.940.920.840.90.890.930.920.850.880.920.930.930.910.920.910.86-0.250.380.880.970.870.810.87
0.90.660.910.890.570.910.890.870.920.920.890.90.860.910.70.790.910.91-0.590.230.770.820.980.810.92
0.970.590.980.960.620.970.920.940.990.990.950.970.920.980.750.860.980.98-0.620.270.690.80.90.870.92
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TongFu Microelectronics Account Relationship Matchups

TongFu Microelectronics fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets21.2B27.1B35.6B34.9B40.1B42.1B
Other Current Liab221.2M666.0M1.2B264.3M303.9M230.9M
Total Current Liabilities7.2B10.3B13.7B13.0B14.9B15.7B
Total Stockholder Equity9.6B10.4B13.8B13.9B16.0B16.8B
Other Liab1.4B1.4B1.5B1.3B1.5B1.6B
Retained Earnings1.5B2.4B2.9B2.7B3.1B3.2B
Accounts Payable2.6B4.1B6.0B3.8B4.4B4.6B
Cash4.1B4.2B4.2B4.5B5.1B5.4B
Other Assets432.9M522.6M799.3M1.0B1.2B1.2B
Long Term Debt2.4B4.2B6.0B6.0B6.9B7.2B
Net Receivables1.8B2.3B4.6B3.9B4.5B4.7B
Inventory1.4B2.1B3.5B3.1B3.6B3.8B
Other Current Assets290.1M457.3M445.0M418.8M481.6M505.7M
Total Liab11.2B16.1B21.1B20.2B23.2B24.4B
Intangible Assets352.3M318.3M359.3M327.0M376.1M394.9M
Property Plant Equipment8.1B10.3B15.6B19.5B22.5B23.6B
Net Tangible Assets4.7B8.2B9.2B12.4B14.2B14.9B
Other Stockholder Equity133.5M(3.9M)(101.2M)68.7M61.9M65.0M
Short Long Term Debt3.6B3.6B4.2B3.9B4.4B3.0B
Total Current Assets8.9B9.1B13.1B12.2B14.0B8.0B
Non Current Assets Total12.4B18.0B22.5B22.7B26.1B15.1B
Non Currrent Assets Other212.3M421.3M494.6M522.0M600.3M630.3M
Good Will1.0B964.4M1.1B1.1B1.3B1.2B
Non Current Liabilities Total4.0B5.8B7.3B7.2B8.3B4.5B
Non Current Liabilities Other1.0B978.9M638.4M432.0M388.8M755.1M
Net Debt1.9B3.7B6.0B5.4B6.2B3.5B
Net Invested Capital15.6B18.3B24.1B23.8B27.3B17.3B
Net Working Capital1.6B(1.1B)(614.6M)(803.0M)(722.7M)(686.6M)
Property Plant And Equipment Net10.3B15.6B19.5B19.5B22.4B16.1B
Property Plant And Equipment Gross17.3B24.0B19.5B34.0B39.1B23.9B

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Other Information on Investing in TongFu Stock

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