Chongqing Accounts Payable vs Short Term Investments Analysis

002765 Stock   12.15  1.23  9.19%   
Chongqing Landai financial indicator trend analysis is way more than just evaluating Chongqing Landai Pow prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chongqing Landai Pow is a good investment. Please check the relationship between Chongqing Landai Accounts Payable and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chongqing Landai Powertrain. 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.

Accounts Payable vs Short Term Investments

Accounts Payable vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing Landai Pow Accounts Payable account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Chongqing Landai's Accounts Payable and Short Term Investments is -0.14. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Chongqing Landai Powertrain, assuming nothing else is changed. The correlation between historical values of Chongqing Landai's Accounts Payable and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Chongqing Landai Powertrain are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Accounts Payable i.e., Chongqing Landai's Accounts Payable and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Chongqing Landai obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Chongqing Landai Pow are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Short Term Investments

Short Term Investments is an item under the current assets section of Chongqing Landai balance sheet. It contains any investments Chongqing Landai Powertrain undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Chongqing Landai Pow can easily liquidate in the marketplace.
Most indicators from Chongqing Landai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chongqing Landai Pow 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 Chongqing Landai Powertrain. 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 170.7 M, whereas Tax Provision is projected to grow to (10.6 M).
 2022 2023 2024 2025 (projected)
Cost Of Revenue2.4B2.5B2.8B3.0B
Research Development131.2M130.3M149.9M157.4M

Chongqing Landai fundamental ratios Correlations

-0.140.990.90.720.290.970.960.940.780.840.980.91.00.730.860.860.670.840.90.860.910.80.930.61-0.1
-0.14-0.14-0.110.24-0.03-0.26-0.26-0.33-0.44-0.02-0.230.04-0.10.25-0.020.09-0.610.01-0.03-0.01-0.230.1-0.06-0.430.05
0.99-0.140.870.640.220.980.940.930.810.80.990.870.990.660.830.840.690.770.870.840.920.740.930.59-0.16
0.9-0.110.870.780.430.840.880.810.60.930.870.770.890.780.960.960.760.860.830.870.950.840.940.65-0.05
0.720.240.640.780.530.580.670.550.20.80.620.740.730.990.860.870.290.940.810.810.630.940.720.330.08
0.29-0.030.220.430.530.120.330.2-0.150.440.220.040.260.460.480.440.270.460.310.650.30.540.260.370.28
0.97-0.260.980.840.580.120.940.940.870.780.990.880.970.60.790.780.740.730.840.760.910.690.890.58-0.14
0.96-0.260.940.880.670.330.940.940.770.840.940.840.940.680.810.780.70.780.80.820.880.790.840.65-0.02
0.94-0.330.930.810.550.20.940.940.90.720.920.790.930.580.740.720.710.730.820.760.850.670.870.79-0.14
0.78-0.440.810.60.2-0.150.870.770.90.510.820.660.780.250.490.470.720.440.60.480.750.380.710.67-0.21
0.84-0.020.80.930.80.440.780.840.720.510.80.810.830.790.880.880.670.780.710.790.890.890.810.480.12
0.98-0.230.990.870.620.220.990.940.920.820.80.860.980.630.830.820.740.770.880.810.920.710.910.57-0.17
0.90.040.870.770.740.040.880.840.790.660.810.860.90.770.750.770.440.780.820.640.750.780.790.31-0.06
1.0-0.10.990.890.730.260.970.940.930.780.830.980.90.750.860.870.650.840.910.860.90.810.930.59-0.12
0.730.250.660.780.990.460.60.680.580.250.790.630.770.750.860.870.290.940.820.80.640.950.740.340.06
0.86-0.020.830.960.860.480.790.810.740.490.880.830.750.860.860.990.680.940.870.90.890.880.930.560.05
0.860.090.840.960.870.440.780.780.720.470.880.820.770.870.870.990.610.920.880.90.880.870.940.53-0.04
0.67-0.610.690.760.290.270.740.70.710.720.670.740.440.650.290.680.610.50.520.590.860.460.70.69-0.02
0.840.010.770.860.940.460.730.780.730.440.780.770.780.840.940.940.920.50.930.860.760.910.860.51-0.02
0.9-0.030.870.830.810.310.840.80.820.60.710.880.820.910.820.870.880.520.930.830.790.780.90.53-0.28
0.86-0.010.840.870.810.650.760.820.760.480.790.810.640.860.80.90.90.590.860.830.830.860.860.64-0.01
0.91-0.230.920.950.630.30.910.880.850.750.890.920.750.90.640.890.880.860.760.790.830.740.930.66-0.1
0.80.10.740.840.940.540.690.790.670.380.890.710.780.810.950.880.870.460.910.780.860.740.750.440.2
0.93-0.060.930.940.720.260.890.840.870.710.810.910.790.930.740.930.940.70.860.90.860.930.750.67-0.2
0.61-0.430.590.650.330.370.580.650.790.670.480.570.310.590.340.560.530.690.510.530.640.660.440.67-0.13
-0.10.05-0.16-0.050.080.28-0.14-0.02-0.14-0.210.12-0.17-0.06-0.120.060.05-0.04-0.02-0.02-0.28-0.01-0.10.2-0.2-0.13
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Chongqing Landai Account Relationship Matchups

Chongqing Landai fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.9B4.4B4.7B5.1B5.8B6.1B
Other Current Liab74.1M72.9M3.1M551.3K634.0K602.3K
Total Current Liabilities1.3B1.5B1.6B1.7B2.0B2.1B
Total Stockholder Equity1.8B2.0B2.2B2.4B2.7B1.4B
Other Liab780.2M740.8M592.2M543.5M625.0M426.4M
Retained Earnings208.5M418.6M575.0M111.2M127.9M121.5M
Accounts Payable843.1M1.0B933.9M1.3B1.5B1.6B
Cash452.6M489.9M650.8M675.4M776.7M815.5M
Other Assets158.3M180.8M177.9M493.2M567.2M595.5M
Long Term Debt59.5M145M284.3M439.0M504.8M530.1M
Net Receivables612.4M852.8M666.1M885.5M1.0B575.0M
Inventory546.2M736.7M646.3M759.7M873.7M917.4M
Other Current Assets62.9M57.0M27.2M80.1M92.1M96.7M
Total Liab2.1B2.3B2.4B2.7B3.1B3.2B
Intangible Assets346.5M273.8M261.9M278.4M320.1M238.4M
Common Stock481.5M575.2M582.6M583.0M670.5M377.5M
Property Plant Equipment779.0M1.1B1.1B1.1B1.3B759.5M
Net Tangible Assets943.9M656.7M980.6M1.3B1.5B1.0B
Deferred Long Term Liab36.4M44.2M32.9M38.0M43.7M31.6M
Short Long Term Debt287.2M304.2M437.1M240.9M277.1M255.6M
Total Current Assets1.8B2.3B2.2B2.5B2.9B1.8B
Non Current Assets Total2.2B2.1B2.5B2.6B3.0B2.0B
Non Currrent Assets Other30.8M31.6M341.5M203.5M234.0M123.6M
Non Current Liabilities Total800.3M773.9M860.2M964.2M1.1B820.9M
Net Invested Capital2.2B2.5B2.9B3.1B3.5B2.4B
Net Working Capital487.3M806.9M652.1M773.7M889.8M673.9M
Capital Stock575.2M582.6M583.0M655.8M754.2M604.9M
Property Plant And Equipment Net1.1B1.1B1.2B1.7B2.0B1.4B
Property Plant And Equipment Gross1.8B1.9B2.1B2.8B3.2B2.3B

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Other Information on Investing in Chongqing Stock

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