Qingdao Non Current Liabilities Other vs Non Currrent Assets Other Analysis

002768 Stock   22.00  0.15  0.69%   
Qingdao Gon financial indicator trend analysis is much more than just breaking down Qingdao Gon Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qingdao Gon Technology is a good investment. Please check the relationship between Qingdao Gon Non Current Liabilities Other and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qingdao Gon Technology. 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.

Non Current Liabilities Other vs Non Currrent Assets Other

Non Current Liabilities Other vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qingdao Gon Technology Non Current Liabilities Other account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Qingdao Gon's Non Current Liabilities Other and Non Currrent Assets Other is 0.13. Overlapping area represents the amount of variation of Non Current Liabilities Other that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Qingdao Gon Technology, assuming nothing else is changed. The correlation between historical values of Qingdao Gon's Non Current Liabilities Other and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Other of Qingdao Gon Technology are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Liabilities Other i.e., Qingdao Gon's Non Current Liabilities Other and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Liabilities Other

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Qingdao Gon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qingdao Gon Technology 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 Qingdao Gon Technology. 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 212.3 M. The current year's Tax Provision is expected to grow to about 62.1 M
 2022 2023 2024 2025 (projected)
Operating Income1.1B878.8M1.0B512.3M
Total Revenue13.4B17.4B20.1B21.1B

Qingdao Gon fundamental ratios Correlations

0.591.00.980.980.990.990.980.660.971.00.351.00.970.660.980.970.760.711.00.990.190.970.920.840.77
0.590.560.620.730.630.50.460.620.670.580.860.550.690.550.720.470.630.570.560.630.550.50.670.430.6
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0.980.620.970.960.990.950.940.80.970.990.440.960.920.770.980.90.870.810.970.950.280.910.910.840.87
0.980.730.960.960.980.940.930.680.960.960.480.960.980.670.990.920.770.690.970.980.330.930.910.780.75
0.990.630.980.990.980.970.960.730.970.990.420.980.960.70.990.940.810.750.990.980.290.950.920.830.8
0.990.51.00.950.940.970.990.60.960.990.261.00.950.620.950.980.710.680.990.980.090.980.890.840.73
0.980.460.990.940.930.960.990.580.940.980.20.990.940.590.930.980.680.630.990.970.080.980.880.840.7
0.660.620.650.80.680.730.60.580.720.70.620.610.570.930.740.480.970.920.650.610.390.490.760.660.96
0.970.670.970.970.960.970.960.940.720.980.490.960.940.720.980.910.790.760.970.960.230.920.90.850.81
1.00.580.990.990.960.990.990.980.70.980.370.990.950.690.980.950.790.751.00.980.20.960.920.850.8
0.350.860.310.440.480.420.260.20.620.490.370.290.40.490.490.180.590.590.330.360.670.20.390.280.53
1.00.551.00.960.960.981.00.990.610.960.990.290.970.620.960.980.710.661.00.990.140.980.90.830.72
0.970.690.970.920.980.960.950.940.570.940.950.40.970.570.970.950.670.610.970.990.210.960.90.760.68
0.660.550.660.770.670.70.620.590.930.720.690.490.620.570.730.490.850.810.640.60.220.50.740.680.89
0.980.720.970.980.990.990.950.930.740.980.980.490.960.970.730.910.810.750.970.980.290.920.920.810.82
0.970.470.970.90.920.940.980.980.480.910.950.180.980.950.490.910.60.540.970.970.121.00.860.790.6
0.760.630.740.870.770.810.710.680.970.790.790.590.710.670.850.810.60.950.750.710.40.610.840.720.96
0.710.570.70.810.690.750.680.630.920.760.750.590.660.610.810.750.540.950.710.660.230.550.790.670.94
1.00.561.00.970.970.990.990.990.650.971.00.331.00.970.640.970.970.750.710.990.180.980.910.840.76
0.990.630.990.950.980.980.980.970.610.960.980.360.990.990.60.980.970.710.660.990.20.980.910.80.72
0.190.550.140.280.330.290.090.080.390.230.20.670.140.210.220.290.120.40.230.180.20.140.170.130.23
0.970.50.970.910.930.950.980.980.490.920.960.20.980.960.50.921.00.610.550.980.980.140.860.790.61
0.920.670.910.910.910.920.890.880.760.90.920.390.90.90.740.920.860.840.790.910.910.170.860.810.85
0.840.430.840.840.780.830.840.840.660.850.850.280.830.760.680.810.790.720.670.840.80.130.790.810.78
0.770.60.760.870.750.80.730.70.960.810.80.530.720.680.890.820.60.960.940.760.720.230.610.850.78
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Qingdao Gon Account Relationship Matchups

Qingdao Gon fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.5B9.9B12.8B15.1B17.3B18.2B
Other Current Liab85.1M394.9M133.3M132.6M152.4M83.0M
Total Current Liabilities1.9B3.7B5.3B6.4B7.3B7.7B
Total Stockholder Equity3.1B3.5B4.1B4.5B5.1B5.4B
Other Liab35.1M40.1M83.4M171.7M197.5M207.4M
Retained Earnings1.9B2.4B2.9B3.3B3.8B4.0B
Accounts Payable988.6M1.9B3.1B4.1B4.7B5.0B
Cash752.8M1.1B2.0B3.0B3.5B3.6B
Other Assets174.1M234.8M191.7M164.5M189.2M107.4M
Net Receivables1.0B2.2B1.6B2.4B2.8B3.0B
Inventory1.3B2.0B2.4B3.1B3.5B3.7B
Other Current Assets381.1M921.1M79.3M132.9M152.8M188.9M
Total Liab2.2B4.7B6.9B8.7B10.0B10.5B
Intangible Assets91.7M717.5M733.5M786.6M904.6M949.9M
Property Plant Equipment852.0M984.7M1.2B2.4B2.8B2.9B
Long Term Debt299.7M796.6M1.4B2.1B2.5B2.6B
Net Tangible Assets2.0B2.3B3.0B2.4B2.8B1.9B
Deferred Long Term Liab17.5M33.4M24.5M23.3M26.8M16.3M
Total Current Assets3.9B6.2B8.4B10.3B11.8B12.4B
Non Current Assets Total1.5B3.7B4.3B4.8B5.5B5.7B
Non Currrent Assets Other155.6M129.3M63.2M50.9M58.6M79.4M
Non Current Liabilities Total383.1M988.7M1.6B2.3B2.7B2.8B
Short Long Term Debt672M1.0B1.2B1.4B1.6B835.0M
Net Invested Capital4.1B5.3B6.6B8.0B9.2B4.9B
Net Working Capital2.1B2.5B3.2B3.9B4.5B4.8B
Property Plant And Equipment Net1.2B2.4B3.1B3.5B4.0B2.4B
Property Plant And Equipment Gross1.6B2.9B3.1B4.4B5.0B2.9B

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Other Information on Investing in Qingdao Stock

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