Dongguan Non Current Liabilities Total vs Other Stockholder Equity Analysis

002993 Stock   41.40  2.92  6.59%   
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 Non Current Liabilities Total and its Other Stockholder Equity 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.

Non Current Liabilities Total vs Other Stockholder Equity

Non Current Liabilities Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dongguan Aohai Technology Non Current Liabilities Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Dongguan Aohai's Non Current Liabilities Total and Other Stockholder Equity is -0.63. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Stockholder Equity 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 Non Current Liabilities Total and Other 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 Non Current Liabilities Total of Dongguan Aohai Technology are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Dongguan Aohai's Non Current Liabilities Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Non Current Liabilities Total

Other Stockholder Equity

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 258.1 M, whereas Tax Provision is forecasted to decline to about 39.6 M.
 2022 2023 2024 2025 (projected)
Gross Profit971.3M1.2B1.3B676.6M
Total Revenue4.5B5.2B6.0B3.2B

Dongguan Aohai fundamental ratios Correlations

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0.990.550.961.00.980.990.870.980.990.910.950.870.980.960.82-0.640.960.980.930.990.890.90.990.950.94
1.00.50.980.990.990.990.880.980.990.930.950.880.990.980.85-0.650.980.980.911.00.890.890.990.940.93
0.890.390.910.860.90.870.880.890.880.860.90.990.880.910.7-0.750.910.840.690.890.970.950.890.750.93
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0.940.220.960.910.910.910.930.860.910.940.90.860.940.960.91-0.670.960.880.780.940.80.790.910.820.85
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0.890.370.910.870.910.870.880.990.880.890.860.890.90.910.72-0.710.910.860.720.890.970.960.90.770.94
0.990.450.980.990.990.980.990.880.961.00.940.950.90.980.86-0.630.980.990.90.990.90.890.990.940.91
0.980.410.990.960.980.960.980.910.960.980.960.970.910.980.84-0.730.990.950.830.980.90.880.980.870.9
0.860.00.860.840.770.820.850.70.770.880.910.710.720.860.84-0.320.860.830.830.840.640.650.80.860.73
-0.66-0.56-0.7-0.63-0.73-0.64-0.65-0.75-0.75-0.62-0.67-0.84-0.71-0.63-0.73-0.32-0.7-0.55-0.33-0.67-0.73-0.7-0.69-0.39-0.69
0.990.41.00.970.980.960.980.910.960.980.960.960.910.980.990.86-0.70.950.830.990.90.860.980.880.9
0.980.510.940.980.970.980.980.840.930.990.880.920.860.990.950.83-0.550.950.950.970.890.880.980.970.91
0.90.460.830.930.860.930.910.690.850.910.780.780.720.90.830.83-0.330.830.950.890.760.790.891.00.84
1.00.490.990.990.980.991.00.890.990.990.940.960.890.990.980.84-0.670.990.970.890.90.890.990.930.93
0.90.550.890.890.930.890.890.970.890.890.80.920.970.90.90.64-0.730.90.890.760.90.980.930.80.95
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0.990.550.970.991.00.990.990.890.970.990.910.970.90.990.980.8-0.690.980.980.890.990.930.910.930.93
0.930.450.880.960.90.950.940.750.880.950.820.820.770.940.870.86-0.390.880.971.00.930.80.820.930.87
0.930.550.90.940.930.940.930.930.940.910.850.920.940.910.90.73-0.690.90.910.840.930.950.980.930.87
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Dongguan Aohai Account Relationship Matchups

Dongguan Aohai fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.2B5.1B7.1B8.4B9.7B10.1B
Other Current Liab37.5M37.9M83.2M17.3M19.9M31.0M
Total Current Liabilities1.9B2.4B2.3B3.3B3.8B4.0B
Total Stockholder Equity2.2B2.5B4.6B4.8B5.5B5.8B
Other Liab38.5M55.0M110.8M132.5M152.4M160.0M
Net Tangible Assets717.8M2.1B2.4B4.4B5.0B5.3B
Retained Earnings797.3M1.1B1.5B1.7B1.9B2.0B
Accounts Payable1.8B2.3B1.9B2.9B3.4B1.7B
Cash2.0B1.7B2.5B2.5B2.9B3.1B
Non Current Assets Total646.7M1.2B1.6B2.1B2.4B2.5B
Non Currrent Assets Other83.3M124.3M40.1M188.4M216.7M227.5M
Other Assets27.3M111.1M192.5M171.5M197.3M207.1M
Net Receivables912.1M1.3B1.2B1.7B1.9B1.0B
Non Current Liabilities Total55.0M123.0M159.2M204.3M234.9M246.7M
Inventory356.4M661.3M532.9M779.7M896.6M941.4M
Other Current Assets43.2M8.3M7.5M588.9M677.2M711.1M
Other Stockholder Equity(423.8K)(18.4M)(26.4M)(11.2M)(10.1M)(10.6M)
Total Liab2.0B2.6B2.4B3.5B4.1B4.3B
Deferred Long Term Liab6.6M4.4M16.1M32.5M37.4M39.2M
Total Current Assets3.6B3.9B5.5B6.3B7.3B7.7B
Intangible Assets65.7M114.4M133.2M134.0M154.1M85.7M
Property Plant Equipment325.2M459.7M836.0M1.2B1.3B1.4B
Net Invested Capital2.2B2.5B4.7B4.9B5.6B5.9B
Net Working Capital1.6B1.5B3.2B3.0B3.5B3.6B
Short Term Investments20.2M1.6M546.3M585.7M673.6M707.2M
Property Plant And Equipment Net459.7M835.6M1.2B1.3B1.5B900.2M
Property Plant And Equipment Gross546.7M979.9M1.4B1.7B1.9B1.1B

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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.