Dongguan Deferred Long Term Liab vs Common Stock Shares Outstanding Analysis

002993 Stock   35.13  0.14  0.40%   
Dongguan Aohai financial indicator trend analysis is much more than just examining Dongguan Aohai Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dongguan Aohai Technology is a good investment. Please check the relationship between Dongguan Aohai Deferred Long Term Liab and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dongguan Aohai 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.

Deferred Long Term Liab vs Common Stock Shares Outstanding

Deferred Long Term Liab vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dongguan Aohai Technology Deferred Long Term Liab account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dongguan Aohai's Deferred Long Term Liab and Common Stock Shares Outstanding is 0.89. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Dongguan Aohai Technology, assuming nothing else is changed. The correlation between historical values of Dongguan Aohai's Deferred Long Term Liab and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Dongguan Aohai Technology are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Deferred Long Term Liab i.e., Dongguan Aohai's Deferred Long Term Liab and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Dongguan Aohai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dongguan Aohai 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 Dongguan Aohai 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 224.4 M, whereas Tax Provision is forecasted to decline to about 39.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit773.7M971.3M1.2B676.6M
Total Revenue4.2B4.5B5.2B3.2B

Dongguan Aohai fundamental ratios Correlations

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Dongguan Aohai Account Relationship Matchups

Dongguan Aohai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B4.2B5.1B7.1B8.4B8.8B
Other Current Liab17.5M37.5M37.9M83.2M17.3M31.0M
Total Current Liabilities1.4B1.9B2.4B2.3B3.3B1.9B
Total Stockholder Equity784.4M2.2B2.5B4.6B4.8B5.0B
Other Liab38.5M55.0M110.8M132.5M152.4M160.0M
Net Tangible Assets717.8M2.1B2.4B4.4B5.0B5.3B
Retained Earnings468.3M797.3M1.1B1.5B1.7B842.6M
Accounts Payable1.3B1.8B2.3B1.9B2.9B1.7B
Cash424.0M2.0B1.7B2.5B2.5B1.3B
Non Current Assets Total428.8M646.7M1.2B1.6B2.1B2.2B
Non Currrent Assets Other2.0M83.3M124.3M40.1M188.4M197.9M
Other Assets27.3M111.1M192.5M171.5M197.3M207.1M
Net Receivables871.5M912.1M1.5B1.2B1.7B1.1B
Non Current Liabilities Total47.9M55.0M123.0M159.2M204.3M214.5M
Inventory218.1M356.4M661.3M532.9M779.7M405.9M
Other Current Assets6.4M43.2M8.3M7.5M588.9M618.4M
Other Stockholder Equity(423.8K)(18.4M)(26.4M)(11.2M)(10.1M)(10.6M)
Total Liab1.4B2.0B2.6B2.4B3.5B1.9B
Deferred Long Term Liab6.6M4.4M16.1M32.5M37.4M39.2M
Short Long Term Debt6.8M228.2K0.0114.1M104.5M109.7M
Total Current Assets1.8B3.6B3.9B5.5B6.3B3.3B
Intangible Assets66.1M65.7M114.4M133.2M134.0M85.7M
Property Plant Equipment325.2M459.7M836.0M1.2B1.3B1.4B
Net Invested Capital793.9M2.2B2.5B4.7B4.9B2.5B
Net Working Capital403.6M1.6B1.5B3.2B3.0B1.6B
Short Term Investments269.1M20.2M1.6M546.3M585.7M615.0M

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Other Information on Investing in Dongguan Stock

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