China Non Current Assets Total vs Total Current Assets Analysis

002939 Stock   7.53  0.08  1.05%   
China Great financial indicator trend analysis is way more than just evaluating China Great Wall prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Great Wall is a good investment. Please check the relationship between China Great Non Current Assets Total and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Great Wall. 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 Assets Total vs Total Current Assets

Non Current Assets Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Great Wall Non Current Assets Total account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between China Great's Non Current Assets Total and Total Current Assets is 0.93. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of China Great Wall, assuming nothing else is changed. The correlation between historical values of China Great's Non Current Assets Total and Total Current Assets 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 Assets Total of China Great Wall are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Assets Total i.e., China Great's Non Current Assets Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from China Great's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Great Wall 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 China Great Wall. 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 Tax Provision is expected to grow to about 129.3 M, whereas Selling General Administrative is forecasted to decline to about 2 B.
 2024 2025 (projected)
Gross Profit1.1B1.3B
Total Revenue3.8B4.4B

China Great fundamental ratios Correlations

0.98-0.670.750.980.86-0.480.990.750.980.980.44-0.10.980.360.880.891.00.980.970.81-0.650.1-0.650.830.66
0.98-0.650.730.950.89-0.350.960.730.950.980.55-0.150.950.30.90.840.980.950.970.75-0.64-0.04-0.620.850.68
-0.67-0.65-0.92-0.65-0.590.35-0.62-0.92-0.67-0.68-0.320.23-0.66-0.17-0.65-0.73-0.68-0.65-0.69-0.460.52-0.120.27-0.58-0.53
0.750.73-0.920.760.64-0.290.721.00.720.790.17-0.250.710.370.750.870.750.710.790.51-0.70.1-0.430.610.62
0.980.95-0.650.760.79-0.50.990.760.950.970.33-0.140.960.430.820.930.970.960.970.86-0.630.11-0.720.830.69
0.860.89-0.590.640.79-0.20.830.640.810.860.57-0.140.820.030.780.670.870.820.80.58-0.61-0.11-0.350.780.48
-0.48-0.350.35-0.29-0.5-0.2-0.48-0.29-0.64-0.340.110.06-0.61-0.39-0.26-0.38-0.47-0.62-0.43-0.550.02-0.510.45-0.24-0.26
0.990.96-0.620.720.990.83-0.480.720.960.970.36-0.070.970.440.860.890.990.970.970.84-0.610.11-0.690.820.71
0.750.73-0.921.00.760.64-0.290.720.720.790.17-0.250.710.370.750.870.750.710.790.51-0.70.1-0.430.610.62
0.980.95-0.670.720.950.81-0.640.960.720.930.41-0.151.00.380.840.830.981.00.950.81-0.560.16-0.660.780.64
0.980.98-0.680.790.970.86-0.340.970.790.930.44-0.150.930.340.890.920.980.930.970.78-0.70.01-0.640.850.68
0.440.55-0.320.170.330.570.110.360.170.410.44-0.030.42-0.460.460.170.460.410.410.17-0.29-0.3-0.040.50.13
-0.1-0.150.23-0.25-0.14-0.140.06-0.07-0.25-0.15-0.15-0.03-0.17-0.09-0.18-0.18-0.08-0.17-0.2-0.110.080.620.19-0.14-0.2
0.980.95-0.660.710.960.82-0.610.970.711.00.930.42-0.170.360.850.840.981.00.950.81-0.570.11-0.650.780.64
0.360.3-0.170.370.430.03-0.390.440.370.380.34-0.46-0.090.360.330.450.330.370.460.51-0.050.14-0.660.260.65
0.880.9-0.650.750.820.78-0.260.860.750.840.890.46-0.180.850.330.810.890.850.910.6-0.68-0.01-0.550.660.61
0.890.84-0.730.870.930.67-0.380.890.870.830.920.17-0.180.840.450.810.880.840.890.75-0.720.16-0.60.730.6
1.00.98-0.680.750.970.87-0.470.990.750.980.980.46-0.080.980.330.890.880.980.970.79-0.650.1-0.630.830.65
0.980.95-0.650.710.960.82-0.620.970.711.00.930.41-0.171.00.370.850.840.980.950.81-0.570.11-0.650.780.64
0.970.97-0.690.790.970.8-0.430.970.790.950.970.41-0.20.950.460.910.890.970.950.78-0.650.0-0.750.80.76
0.810.75-0.460.510.860.58-0.550.840.510.810.780.17-0.110.810.510.60.750.790.810.78-0.210.14-0.690.860.68
-0.65-0.640.52-0.7-0.63-0.610.02-0.61-0.7-0.56-0.7-0.290.08-0.57-0.05-0.68-0.72-0.65-0.57-0.65-0.21-0.060.27-0.34-0.33
0.1-0.04-0.120.10.11-0.11-0.510.110.10.160.01-0.30.620.110.14-0.010.160.10.110.00.14-0.060.0-0.1-0.14
-0.65-0.620.27-0.43-0.72-0.350.45-0.69-0.43-0.66-0.64-0.040.19-0.65-0.66-0.55-0.6-0.63-0.65-0.75-0.690.270.0-0.51-0.66
0.830.85-0.580.610.830.78-0.240.820.610.780.850.5-0.140.780.260.660.730.830.780.80.86-0.34-0.1-0.510.61
0.660.68-0.530.620.690.48-0.260.710.620.640.680.13-0.20.640.650.610.60.650.640.760.68-0.33-0.14-0.660.61
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China Great Account Relationship Matchups

China Great fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets72.2B92.7B100.2B115.6B133.0B139.6B
Short Long Term Debt Total23.0B31.8B30.6B38.5B44.3B46.5B
Other Current Liab(346.0M)(409.0M)(596.6M)(1.5B)(1.3B)(1.3B)
Total Current Liabilities346.0M409.0M596.6M1.5B1.7B1.8B
Total Stockholder Equity18.1B19.6B27.6B28.6B32.9B34.5B
Property Plant And Equipment Net165.6M567.9M462.0M480.6M552.7M580.3M
Net Debt(17.3B)(19.8B)(18.9B)(14.3B)(12.8B)(13.5B)
Retained Earnings3.0B3.9B4.1B4.7B5.5B5.7B
Accounts Payable346.0M409.0M596.6M1.5B1.7B1.8B
Cash40.4B51.6B49.4B52.8B60.7B63.7B
Non Current Assets Total27.4B37.5B46.4B60.4B69.5B73.0B
Non Currrent Assets Other(228.9M)(164.7M)(377.0M)(298.3M)(268.4M)(281.9M)
Other Assets3.7B3.2B4.1B2.0B2.3B2.9B
Cash And Short Term Investments40.4B51.6B49.4B52.8B60.7B63.7B
Net Receivables729.3M360.5M311.5M464.1M533.7M341.1M
Liabilities And Stockholders Equity72.2B92.7B100.2B115.6B133.0B139.6B
Non Current Liabilities Total23.0B31.8B596.6M38.5B44.3B46.5B
Other Stockholder Equity9.2B5.3B11.7B19.8B22.8B23.9B
Total Liab53.7B72.6B72.2B86.6B99.6B104.5B
Total Current Assets41.1B52.0B49.8B53.2B61.2B64.3B
Intangible Assets88.4M92.4M90.8M115.2M132.5M139.2M
Other Liab466.8M981.5M1.3B1.1B980.7M916.2M
Net Tangible Assets16.8B18.0B19.5B27.5B31.6B19.3B
Other Current Assets(21.1B)(26.6B)(23.9B)(26.2B)(23.5B)(22.4B)
Deferred Long Term Liab82.8M73.6M59.7M44.1M50.8M62.3M
Long Term Investments27.1B36.8B45.9B59.8B68.8B72.2B
Property Plant Equipment173.0M165.6M567.9M462.0M531.3M281.6M
Net Invested Capital41.1B44.9B57.8B66.7B76.7B45.5B
Short Term Debt15.8B22.0B24.5B29.3B33.7B19.9B
Current Deferred Revenue(15.4B)(21.6B)(23.9B)(27.9B)(25.1B)(26.3B)
Inventory21.1B26.6B23.9B26.2B30.1B24.4B
Property Plant And Equipment Gross464.5M871.3M462.0M833.9M959.0M679.7M
Accumulated Other Comprehensive Income2.8B3.3B3.6B(43.2M)(38.9M)(37.0M)

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Other Information on Investing in China Stock

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