Guangzhou Good Will vs Total Stockholder Equity Analysis

002709 Stock

22.15 0.23 1.03%

Guangzhou Tinci financial indicator trend analysis is much more than just examining Guangzhou Tinci Materials latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Tinci Materials is a good investment. Please check the relationship between Guangzhou Tinci Good Will and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Tinci 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 board of governors.

Good Will vs Total Stockholder Equity

Good Will vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Tinci Materials Good Will account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Guangzhou Tinci's Good Will and Total Stockholder Equity is -0.02. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Guangzhou Tinci Materials, assuming nothing else is changed. The correlation between historical values of Guangzhou Tinci's Good Will and Total 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 Good Will of Guangzhou Tinci Materials are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Good Will i.e., Guangzhou Tinci's Good Will and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

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Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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.

Most indicators from Guangzhou Tinci's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Tinci 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 Guangzhou Tinci 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 board of governors.

The current year's Selling General Administrative is expected to grow to about 589.8 M, whereas Tax Provision is forecasted to decline to about 312 M.

	2021	2022	2023	2024 (projected)
Operating Income	3.0B	6.8B	2.7B	2.8B
Total Revenue	11.1B	22.3B	15.4B	16.2B

Operating Income Total Revenue

Guangzhou Tinci fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Good Will	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Treasury Stock	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.19	0.96	1.0	0.84	0.99	0.99	0.92	0.97	0.95	0.93	0.81	0.96	1.0	0.96	0.95	0.94	-0.24	0.97	-0.08	-0.03	0.34	0.89	0.64	0.96	0.93
Other Current Liab	0.19		0.39	0.16	0.31	0.08	0.23	0.28	0.37	-0.1	0.53	0.35	0.31	0.21	0.11	0.37	0.36	-0.16	0.37	-0.58	-0.01	0.05	0.38	0.31	0.02	-0.11
Total Current Liabilities	0.96	0.39		0.94	0.85	0.92	0.98	0.96	0.95	0.84	0.97	0.91	0.95	0.98	0.88	0.95	0.94	-0.24	0.96	-0.32	0.02	0.3	0.96	0.7	0.86	0.81
Total Stockholder Equity	1.0	0.16	0.94		0.84	1.0	0.97	0.89	0.97	0.95	0.92	0.77	0.96	0.99	0.98	0.95	0.94	-0.23	0.97	-0.02	-0.03	0.36	0.86	0.64	0.98	0.95
Other Liab	0.84	0.31	0.85	0.84		0.8	0.82	0.69	0.89	0.69	0.84	0.74	0.93	0.82	0.87	0.92	0.95	0.05	0.88	-0.23	0.43	0.49	0.73	0.92	0.79	0.67
Retained Earnings	0.99	0.08	0.92	1.0	0.8		0.96	0.88	0.94	0.98	0.89	0.74	0.94	0.98	0.98	0.93	0.91	-0.24	0.95	0.04	-0.06	0.33	0.84	0.59	0.99	0.97
Accounts Payable	0.99	0.23	0.98	0.97	0.82	0.96		0.97	0.94	0.92	0.93	0.89	0.94	1.0	0.91	0.93	0.92	-0.23	0.95	-0.2	-0.03	0.32	0.94	0.65	0.92	0.89
Cash	0.92	0.28	0.96	0.89	0.69	0.88	0.97		0.86	0.84	0.89	0.92	0.84	0.95	0.79	0.83	0.81	-0.27	0.87	-0.32	-0.16	0.22	0.97	0.53	0.81	0.8
Other Assets	0.97	0.37	0.95	0.97	0.89	0.94	0.94	0.86		0.85	0.98	0.77	0.97	0.95	0.95	0.98	0.97	-0.19	1.0	-0.14	0.03	0.42	0.86	0.72	0.92	0.85
Long Term Debt	0.95	-0.1	0.84	0.95	0.69	0.98	0.92	0.84	0.85		0.78	0.67	0.85	0.94	0.93	0.83	0.81	-0.28	0.87	0.16	-0.14	0.25	0.77	0.46	0.98	0.99
Net Receivables	0.93	0.53	0.97	0.92	0.84	0.89	0.93	0.89	0.98	0.78		0.82	0.94	0.93	0.88	0.96	0.94	-0.24	0.98	-0.27	-0.03	0.35	0.9	0.68	0.84	0.77
Inventory	0.81	0.35	0.91	0.77	0.74	0.74	0.89	0.92	0.77	0.67	0.82		0.81	0.85	0.67	0.77	0.78	-0.12	0.77	-0.55	0.11	0.23	0.97	0.68	0.65	0.61
Other Current Assets	0.96	0.31	0.95	0.96	0.93	0.94	0.94	0.84	0.97	0.85	0.94	0.81		0.95	0.95	0.97	0.99	-0.14	0.97	-0.13	0.14	0.35	0.85	0.76	0.92	0.84
Total Liab	1.0	0.21	0.98	0.99	0.82	0.98	1.0	0.95	0.95	0.94	0.93	0.85	0.95		0.94	0.94	0.93	-0.26	0.96	-0.14	-0.04	0.3	0.92	0.63	0.94	0.91
Intangible Assets	0.96	0.11	0.88	0.98	0.87	0.98	0.91	0.79	0.95	0.93	0.88	0.67	0.95	0.94		0.95	0.95	-0.2	0.96	0.08	0.07	0.38	0.77	0.67	0.98	0.94
Common Stock	0.95	0.37	0.95	0.95	0.92	0.93	0.93	0.83	0.98	0.83	0.96	0.77	0.97	0.94	0.95		0.99	-0.23	0.98	-0.16	0.16	0.44	0.84	0.77	0.91	0.82
Property Plant Equipment	0.94	0.36	0.94	0.94	0.95	0.91	0.92	0.81	0.97	0.81	0.94	0.78	0.99	0.93	0.95	0.99		-0.18	0.97	-0.18	0.21	0.39	0.83	0.8	0.89	0.8
Short Term Investments	-0.24	-0.16	-0.24	-0.23	0.05	-0.24	-0.23	-0.27	-0.19	-0.28	-0.24	-0.12	-0.14	-0.26	-0.2	-0.23	-0.18		-0.22	0.07	0.38	0.48	-0.23	0.26	-0.26	-0.26
Net Tangible Assets	0.97	0.37	0.96	0.97	0.88	0.95	0.95	0.87	1.0	0.87	0.98	0.77	0.97	0.96	0.96	0.98	0.97	-0.22		-0.12	0.0	0.37	0.86	0.7	0.93	0.86
Good Will	-0.08	-0.58	-0.32	-0.02	-0.23	0.04	-0.2	-0.32	-0.14	0.16	-0.27	-0.55	-0.13	-0.14	0.08	-0.16	-0.18	0.07	-0.12		-0.19	0.0	-0.42	-0.37	0.16	0.24
Deferred Long Term Liab	-0.03	-0.01	0.02	-0.03	0.43	-0.06	-0.03	-0.16	0.03	-0.14	-0.03	0.11	0.14	-0.04	0.07	0.16	0.21	0.38	0.0	-0.19		0.5	-0.06	0.66	-0.05	-0.16
Long Term Investments	0.34	0.05	0.3	0.36	0.49	0.33	0.32	0.22	0.42	0.25	0.35	0.23	0.35	0.3	0.38	0.44	0.39	0.48	0.37	0.0	0.5		0.22	0.69	0.31	0.27
Total Current Assets	0.89	0.38	0.96	0.86	0.73	0.84	0.94	0.97	0.86	0.77	0.9	0.97	0.85	0.92	0.77	0.84	0.83	-0.23	0.86	-0.42	-0.06	0.22		0.61	0.76	0.73
Treasury Stock	0.64	0.31	0.7	0.64	0.92	0.59	0.65	0.53	0.72	0.46	0.68	0.68	0.76	0.63	0.67	0.77	0.8	0.26	0.7	-0.37	0.66	0.69	0.61		0.55	0.43
Non Current Assets Total	0.96	0.02	0.86	0.98	0.79	0.99	0.92	0.81	0.92	0.98	0.84	0.65	0.92	0.94	0.98	0.91	0.89	-0.26	0.93	0.16	-0.05	0.31	0.76	0.55		0.98
Non Currrent Assets Other	0.93	-0.11	0.81	0.95	0.67	0.97	0.89	0.8	0.85	0.99	0.77	0.61	0.84	0.91	0.94	0.82	0.8	-0.26	0.86	0.24	-0.16	0.27	0.73	0.43	0.98

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Guangzhou Tinci Account Relationship Matchups

Guangzhou Tinci fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.3B	6.0B	13.9B	25.5B	24.0B	25.2B
Other Current Liab	371.8M	176.3M	3.0B	252.8M	10.2M	9.7M
Total Current Liabilities	2.1B	2.1B	6.1B	8.5B	5.9B	6.2B
Total Stockholder Equity	2.8B	3.4B	7.2B	12.5B	13.4B	14.0B
Other Liab	63.5M	59.8M	61.0M	72.6M	83.5M	87.6M
Retained Earnings	1.3B	1.8B	3.5B	8.2B	8.9B	9.3B
Accounts Payable	836.2M	908.8M	2.4B	4.7B	3.4B	3.6B
Cash	210.1M	311.6M	2.1B	4.7B	2.3B	2.4B
Other Assets	79.4M	79.2M	131.8M	303.6M	349.1M	366.6M
Long Term Debt	213.7M	317.2M	311.0M	4.0B	4.2B	4.4B
Net Receivables	1.2B	1.3B	5.3B	4.6B	4.3B	4.5B
Inventory	601.3M	549.6M	1.3B	2.4B	1.2B	606.6M
Other Current Assets	286.0M	232.7M	554.4M	649.2M	707.5M	742.8M
Total Liab	2.4B	2.5B	6.5B	12.7B	10.4B	10.9B
Intangible Assets	319.4M	408.6M	531.5M	823.8M	1.2B	1.3B
Common Stock	339.5M	548.3M	546.1M	959.8M	1.1B	1.2B
Property Plant Equipment	1.8B	2.2B	2.2B	3.5B	4.0B	4.2B
Net Tangible Assets	2.4B	2.3B	2.9B	6.6B	7.6B	8.0B
Good Will	127.4M	123.3M	37.0M	14.3M	214.7M	225.5M
Deferred Long Term Liab	17.1M	26.1M	15.2M	5.8M	6.7M	6.3M
Total Current Assets	2.3B	2.8B	9.3B	15.2B	9.9B	5.6B
Non Current Assets Total	3.1B	3.2B	4.6B	10.4B	14.0B	14.7B
Non Currrent Assets Other	14.7M	48.5M	138.4M	1.7B	2.2B	2.3B
Non Current Liabilities Total	273.5M	378.1M	383.5M	4.2B	4.5B	4.7B
Short Long Term Debt	741.9M	547.8M	444.4M	797.6M	1.2B	667.7M
Non Current Liabilities Other	147.8K	122.6K	5.7M	5.6M	6.5M	6.8M
Common Stock Shares Outstanding	932.2M	928.4M	959.8M	1.9B	1.9B	1.3B
Net Invested Capital	3.7B	4.3B	7.9B	17.3B	18.8B	19.7B
Net Working Capital	179.9M	725.1M	3.1B	6.7B	4.0B	2.5B
Capital Stock	548.3M	546.1M	959.8M	1.9B	1.9B	1.1B

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Other Information on Investing in Guangzhou Stock

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

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Guangzhou Good Will vs Total Stockholder Equity Analysis

Good Will vs Total Stockholder Equity

Good Will vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Good Will

Total Stockholder Equity

Guangzhou Tinci fundamental ratios Correlations

Guangzhou Tinci Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangzhou Tinci fundamental ratios Accounts

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Other Information on Investing in Guangzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Accounts Payable
Net Tangible Assets	+ 1.0	Other Assets
Retained Earnings	+ 0.99	Total Assets

Good Will	- 0.58	Other Current Liab
Good Will	- 0.55	Inventory
Total Current Assets	- 0.42	Good Will
Treasury Stock	- 0.37	Good Will
Good Will	- 0.32	Cash
Good Will	- 0.32	Total Current Liabilities