TongFu Total Stockholder Equity vs Other Stockholder Equity Analysis

002156 Stock   29.80  0.31  1.05%   
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 Total Stockholder Equity and its Other Stockholder Equity 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.

Total Stockholder Equity vs Other Stockholder Equity

Total Stockholder Equity vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TongFu Microelectronics Total Stockholder Equity account and Other Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between TongFu Microelectronics' Total Stockholder Equity and Other Stockholder Equity is 0.25. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Stockholder Equity 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' Total Stockholder Equity and Other Stockholder Equity 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 Stockholder Equity of TongFu Microelectronics Co are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Stockholder Equity i.e., TongFu Microelectronics' Total Stockholder Equity and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Stockholder Equity

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 27 M
 2021 2022 2023 2024 (projected)
Gross Profit2.7B3.0B2.6B1.8B
Research Development1.1B1.3B1.2B748.0M

TongFu Microelectronics fundamental ratios Correlations

0.670.990.990.790.990.960.960.990.970.980.980.951.00.860.950.990.95-0.440.270.770.870.940.930.920.91
0.670.710.640.420.70.830.630.630.660.690.710.660.70.560.50.610.56-0.340.140.590.70.770.610.760.77
0.990.710.980.780.980.960.950.990.960.970.990.951.00.850.920.980.94-0.420.310.790.90.940.950.920.92
0.990.640.980.780.980.940.970.980.960.970.970.940.990.850.960.980.95-0.390.250.760.860.930.930.90.89
0.790.420.780.780.760.740.770.730.620.750.760.870.770.960.870.740.59-0.030.340.80.850.680.840.590.61
0.990.70.980.980.760.960.950.980.970.960.970.950.990.830.930.980.94-0.490.190.730.830.930.890.930.92
0.960.830.960.940.740.960.910.920.930.950.950.930.960.840.860.920.87-0.440.20.750.860.950.870.930.92
0.960.630.950.970.770.950.910.950.930.890.910.910.960.850.920.940.91-0.380.120.760.860.920.930.880.88
0.990.630.990.980.730.980.920.950.980.960.980.930.990.790.921.00.97-0.490.270.730.840.910.920.920.92
0.970.660.960.960.620.970.930.930.980.950.950.880.970.720.870.980.98-0.580.170.650.760.920.850.940.92
0.980.690.970.970.750.960.950.890.960.950.980.910.970.830.920.970.92-0.440.390.720.830.910.880.90.87
0.980.710.990.970.760.970.950.910.980.950.980.930.990.830.920.970.93-0.410.40.770.890.920.930.910.9
0.950.660.950.940.870.950.930.910.930.880.910.930.950.90.910.930.84-0.370.220.830.880.890.920.860.88
1.00.71.00.990.770.990.960.960.990.970.970.990.950.840.930.990.95-0.450.270.770.880.940.940.930.92
0.860.560.850.850.960.830.840.850.790.720.830.830.90.840.90.80.68-0.130.30.80.890.790.890.690.69
0.950.50.920.960.870.930.860.920.920.870.920.920.910.930.90.930.86-0.280.330.760.850.830.910.790.78
0.990.610.980.980.740.980.920.941.00.980.970.970.930.990.80.930.97-0.510.260.710.820.90.910.910.9
0.950.560.940.950.590.940.870.910.970.980.920.930.840.950.680.860.97-0.510.210.650.740.890.850.910.89
-0.44-0.34-0.42-0.39-0.03-0.49-0.44-0.38-0.49-0.58-0.44-0.41-0.37-0.45-0.13-0.28-0.51-0.510.190.08-0.06-0.38-0.18-0.52-0.5
0.270.140.310.250.340.190.20.120.270.170.390.40.220.270.30.330.260.210.190.340.390.210.340.140.14
0.770.590.790.760.80.730.750.760.730.650.720.770.830.770.80.760.710.650.080.340.940.830.880.760.79
0.870.70.90.860.850.830.860.860.840.760.830.890.880.880.890.850.820.74-0.060.390.940.880.970.80.83
0.940.770.940.930.680.930.950.920.910.920.910.920.890.940.790.830.90.89-0.380.210.830.880.880.970.97
0.930.610.950.930.840.890.870.930.920.850.880.930.920.940.890.910.910.85-0.180.340.880.970.880.820.84
0.920.760.920.90.590.930.930.880.920.940.90.910.860.930.690.790.910.91-0.520.140.760.80.970.820.99
0.910.770.920.890.610.920.920.880.920.920.870.90.880.920.690.780.90.89-0.50.140.790.830.970.840.99
Click cells to compare fundamentals

TongFu Microelectronics Account Relationship Matchups

TongFu Microelectronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.2B21.2B27.1B35.6B34.9B36.6B
Other Current Liab470.1M221.2M666.0M1.2B264.3M230.9M
Total Current Liabilities7.3B7.2B10.3B13.7B13.0B13.6B
Total Stockholder Equity6.1B9.6B10.4B13.8B13.9B14.6B
Other Liab1.4B1.4B1.5B1.3B1.5B1.6B
Retained Earnings1.1B1.5B2.4B2.9B2.7B2.8B
Accounts Payable2.0B2.6B4.1B6.0B3.8B4.0B
Cash2.2B4.1B4.2B4.2B4.5B4.7B
Other Assets432.9M522.6M799.3M1.0B1.2B1.2B
Long Term Debt993.0M2.4B4.2B6.0B6.0B6.3B
Net Receivables1.7B1.8B2.3B4.6B3.9B4.1B
Inventory1.9B1.4B2.1B3.5B3.1B3.3B
Other Current Assets224.2M290.1M457.3M445.0M418.8M439.7M
Total Liab9.7B11.2B16.1B21.1B20.2B21.2B
Intangible Assets288.7M352.3M318.3M359.3M327.0M343.4M
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 Debt4.3B3.6B3.6B4.2B3.9B3.0B
Total Current Assets6.1B8.9B9.1B13.1B12.2B8.0B
Non Current Assets Total10.1B12.4B18.0B22.5B22.7B15.1B
Non Currrent Assets Other180.3M212.3M421.3M494.6M522.0M279.6M
Good Will1.1B1.0B964.4M1.1B1.1B1.2B
Non Current Liabilities Total2.4B4.0B5.8B7.3B7.2B4.5B
Non Current Liabilities Other1.1B1.0B978.9M638.4M432.0M755.1M
Net Debt2.8B1.9B3.7B6.0B5.4B3.5B
Net Invested Capital11.2B15.6B18.3B24.1B23.8B17.3B
Net Working Capital(1.2B)1.6B(1.1B)(614.6M)(803.0M)(762.9M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.