Dongguan Non Currrent Assets Other vs Total Assets 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 Currrent Assets Other and its Total Assets 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 Currrent Assets Other vs Total Assets

Non Currrent Assets Other vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dongguan Aohai Technology Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Dongguan Aohai's Non Currrent Assets Other and Total Assets is 0.94. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets 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 Currrent Assets Other and Total 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 Currrent Assets Other of Dongguan Aohai Technology are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Dongguan Aohai's Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Total Assets

Total assets refers to the total amount of Dongguan Aohai assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Dongguan Aohai Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 Profit	971.3M	1.2B	1.3B	676.6M
Total Revenue	4.5B	5.2B	6.0B	3.2B

Gross Profit Total Revenue

Dongguan Aohai fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Common Stock Shares Outstanding
Total Assets		0.48	0.99	0.99	0.99	0.99	1.0	0.89	0.98	1.0	0.94	0.96	0.89	0.99	0.98	0.86	-0.66	0.99	0.98	0.9	1.0	0.9	0.89	0.99	0.93	0.93
Other Current Liab	0.48		0.4	0.53	0.56	0.55	0.5	0.39	0.58	0.43	0.22	0.58	0.37	0.45	0.41	0.0	-0.56	0.4	0.51	0.46	0.49	0.55	0.55	0.55	0.45	0.55
Total Current Liabilities	0.99	0.4		0.96	0.97	0.96	0.98	0.91	0.96	0.98	0.96	0.95	0.91	0.98	0.99	0.86	-0.7	1.0	0.94	0.83	0.99	0.89	0.86	0.97	0.88	0.9
Total Stockholder Equity	0.99	0.53	0.96		0.98	1.0	0.99	0.86	0.98	0.99	0.91	0.95	0.87	0.99	0.96	0.84	-0.63	0.97	0.98	0.93	0.99	0.89	0.89	0.99	0.96	0.94
Other Liab	0.99	0.56	0.97	0.98		0.98	0.99	0.9	0.97	0.98	0.91	0.98	0.91	0.99	0.98	0.77	-0.73	0.98	0.97	0.86	0.98	0.93	0.91	1.0	0.9	0.93
Net Tangible Assets	0.99	0.55	0.96	1.0	0.98		0.99	0.87	0.98	0.99	0.91	0.95	0.87	0.98	0.96	0.82	-0.64	0.96	0.98	0.93	0.99	0.89	0.9	0.99	0.95	0.94
Retained Earnings	1.0	0.5	0.98	0.99	0.99	0.99		0.88	0.98	0.99	0.93	0.95	0.88	0.99	0.98	0.85	-0.65	0.98	0.98	0.91	1.0	0.89	0.89	0.99	0.94	0.93
Accounts Payable	0.89	0.39	0.91	0.86	0.9	0.87	0.88		0.89	0.88	0.86	0.9	0.99	0.88	0.91	0.7	-0.75	0.91	0.84	0.69	0.89	0.97	0.95	0.89	0.75	0.93
Cash	0.98	0.58	0.96	0.98	0.97	0.98	0.98	0.89		0.96	0.91	0.97	0.88	0.96	0.96	0.77	-0.75	0.96	0.93	0.85	0.99	0.89	0.89	0.97	0.88	0.94
Non Current Assets Total	1.0	0.43	0.98	0.99	0.98	0.99	0.99	0.88	0.96		0.94	0.94	0.89	1.0	0.98	0.88	-0.62	0.98	0.99	0.91	0.99	0.89	0.88	0.99	0.95	0.91
Non Currrent Assets Other	0.94	0.22	0.96	0.91	0.91	0.91	0.93	0.86	0.91	0.94		0.9	0.86	0.94	0.96	0.91	-0.67	0.96	0.88	0.78	0.94	0.8	0.79	0.91	0.82	0.85
Other Assets	0.96	0.58	0.95	0.95	0.98	0.95	0.95	0.9	0.97	0.94	0.9		0.89	0.95	0.97	0.71	-0.84	0.96	0.92	0.78	0.96	0.92	0.91	0.97	0.82	0.92
Net Receivables	0.89	0.37	0.91	0.87	0.91	0.87	0.88	0.99	0.88	0.89	0.86	0.89		0.9	0.91	0.72	-0.71	0.91	0.86	0.72	0.89	0.97	0.96	0.9	0.77	0.94
Non Current Liabilities Total	0.99	0.45	0.98	0.99	0.99	0.98	0.99	0.88	0.96	1.0	0.94	0.95	0.9		0.98	0.86	-0.63	0.98	0.99	0.9	0.99	0.9	0.89	0.99	0.94	0.91
Inventory	0.98	0.41	0.99	0.96	0.98	0.96	0.98	0.91	0.96	0.98	0.96	0.97	0.91	0.98		0.84	-0.73	0.99	0.95	0.83	0.98	0.9	0.88	0.98	0.87	0.9
Other Current Assets	0.86	0.0	0.86	0.84	0.77	0.82	0.85	0.7	0.77	0.88	0.91	0.71	0.72	0.86	0.84		-0.32	0.86	0.83	0.83	0.84	0.64	0.65	0.8	0.86	0.73
Other Stockholder Equity	-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
Total Liab	0.99	0.4	1.0	0.97	0.98	0.96	0.98	0.91	0.96	0.98	0.96	0.96	0.91	0.98	0.99	0.86	-0.7		0.95	0.83	0.99	0.9	0.86	0.98	0.88	0.9
Deferred Long Term Liab	0.98	0.51	0.94	0.98	0.97	0.98	0.98	0.84	0.93	0.99	0.88	0.92	0.86	0.99	0.95	0.83	-0.55	0.95		0.95	0.97	0.89	0.88	0.98	0.97	0.91
Short Long Term Debt	0.9	0.46	0.83	0.93	0.86	0.93	0.91	0.69	0.85	0.91	0.78	0.78	0.72	0.9	0.83	0.83	-0.33	0.83	0.95		0.89	0.76	0.79	0.89	1.0	0.84
Total Current Assets	1.0	0.49	0.99	0.99	0.98	0.99	1.0	0.89	0.99	0.99	0.94	0.96	0.89	0.99	0.98	0.84	-0.67	0.99	0.97	0.89		0.9	0.89	0.99	0.93	0.93
Intangible Assets	0.9	0.55	0.89	0.89	0.93	0.89	0.89	0.97	0.89	0.89	0.8	0.92	0.97	0.9	0.9	0.64	-0.73	0.9	0.89	0.76	0.9		0.98	0.93	0.8	0.95
Common Stock	0.89	0.55	0.86	0.89	0.91	0.9	0.89	0.95	0.89	0.88	0.79	0.91	0.96	0.89	0.88	0.65	-0.7	0.86	0.88	0.79	0.89	0.98		0.91	0.82	0.98
Property Plant Equipment	0.99	0.55	0.97	0.99	1.0	0.99	0.99	0.89	0.97	0.99	0.91	0.97	0.9	0.99	0.98	0.8	-0.69	0.98	0.98	0.89	0.99	0.93	0.91		0.93	0.93
Good Will	0.93	0.45	0.88	0.96	0.9	0.95	0.94	0.75	0.88	0.95	0.82	0.82	0.77	0.94	0.87	0.86	-0.39	0.88	0.97	1.0	0.93	0.8	0.82	0.93		0.87
Common Stock Shares Outstanding	0.93	0.55	0.9	0.94	0.93	0.94	0.93	0.93	0.94	0.91	0.85	0.92	0.94	0.91	0.9	0.73	-0.69	0.9	0.91	0.84	0.93	0.95	0.98	0.93	0.87

Click cells to compare fundamentals

Dongguan Aohai Account Relationship Matchups

Dongguan Aohai fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.2B	5.1B	7.1B	8.4B	9.7B	10.1B
Other Current Liab	37.5M	37.9M	83.2M	17.3M	19.9M	31.0M
Total Current Liabilities	1.9B	2.4B	2.3B	3.3B	3.8B	4.0B
Total Stockholder Equity	2.2B	2.5B	4.6B	4.8B	5.5B	5.8B
Other Liab	38.5M	55.0M	110.8M	132.5M	152.4M	160.0M
Net Tangible Assets	717.8M	2.1B	2.4B	4.4B	5.0B	5.3B
Retained Earnings	797.3M	1.1B	1.5B	1.7B	1.9B	2.0B
Accounts Payable	1.8B	2.3B	1.9B	2.9B	3.4B	1.7B
Cash	2.0B	1.7B	2.5B	2.5B	2.9B	3.1B
Non Current Assets Total	646.7M	1.2B	1.6B	2.1B	2.4B	2.5B
Non Currrent Assets Other	83.3M	124.3M	40.1M	188.4M	216.7M	227.5M
Other Assets	27.3M	111.1M	192.5M	171.5M	197.3M	207.1M
Net Receivables	912.1M	1.3B	1.2B	1.7B	1.9B	1.0B
Non Current Liabilities Total	55.0M	123.0M	159.2M	204.3M	234.9M	246.7M
Inventory	356.4M	661.3M	532.9M	779.7M	896.6M	941.4M
Other Current Assets	43.2M	8.3M	7.5M	588.9M	677.2M	711.1M
Other Stockholder Equity	(423.8K)	(18.4M)	(26.4M)	(11.2M)	(10.1M)	(10.6M)
Total Liab	2.0B	2.6B	2.4B	3.5B	4.1B	4.3B
Deferred Long Term Liab	6.6M	4.4M	16.1M	32.5M	37.4M	39.2M
Total Current Assets	3.6B	3.9B	5.5B	6.3B	7.3B	7.7B
Intangible Assets	65.7M	114.4M	133.2M	134.0M	154.1M	85.7M
Property Plant Equipment	325.2M	459.7M	836.0M	1.2B	1.3B	1.4B
Net Invested Capital	2.2B	2.5B	4.7B	4.9B	5.6B	5.9B
Net Working Capital	1.6B	1.5B	3.2B	3.0B	3.5B	3.6B
Short Term Investments	20.2M	1.6M	546.3M	585.7M	673.6M	707.2M
Property Plant And Equipment Net	459.7M	835.6M	1.2B	1.3B	1.5B	900.2M
Property Plant And Equipment Gross	546.7M	979.9M	1.4B	1.7B	1.9B	1.1B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

CRM	Salesforce
C	Citigroup
GM	General Motors

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Dongguan Non Currrent Assets Other vs Total Assets Analysis

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other vs Total Assets Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Total Assets

Dongguan Aohai fundamental ratios Correlations

Dongguan Aohai Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dongguan Aohai fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Dongguan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Property Plant Equipment	+ 1.0	Other Liab

Other Stockholder Equity	- 0.84	Other Assets
Other Stockholder Equity	- 0.75	Cash
Other Stockholder Equity	- 0.75	Accounts Payable
Intangible Assets	- 0.73	Other Stockholder Equity
Other Stockholder Equity	- 0.73	Inventory
Other Stockholder Equity	- 0.73	Other Liab