Dongguan Other Liab vs Other Stockholder Equity 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 Other Liab 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.

Other Liab vs Other Stockholder Equity

Other Liab 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 Other Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Dongguan Aohai's Other Liab and Other Stockholder Equity is -0.72. Overlapping area represents the amount of variation of Other Liab 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 Other Liab 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 Other Liab 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 Other Liab i.e., Dongguan Aohai's Other Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Other Liab

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 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

0.60.90.990.990.990.910.890.890.990.910.970.880.990.890.78-0.690.910.970.860.920.90.890.990.910.93
0.60.530.650.610.610.680.510.720.540.290.630.50.560.540.02-0.580.540.570.560.660.670.620.60.510.6
0.90.530.870.910.860.951.00.940.880.830.920.980.890.980.6-0.791.00.830.640.970.960.950.90.710.93
0.990.650.870.981.00.910.850.90.990.870.950.840.980.870.76-0.650.880.980.90.920.890.890.990.940.94
0.990.610.910.980.980.920.90.880.990.90.980.911.00.920.74-0.720.920.970.830.920.930.91.00.890.92
0.990.610.861.00.980.90.850.880.990.890.950.830.980.860.79-0.630.870.980.910.90.870.880.990.940.93
0.910.680.950.910.920.90.930.960.890.770.910.930.90.950.56-0.710.950.870.760.990.960.990.910.790.98
0.890.511.00.850.90.850.930.930.870.830.920.990.880.980.59-0.811.00.810.60.960.950.930.890.680.91
0.890.720.940.90.880.880.960.930.850.760.910.90.850.930.5-0.80.940.810.690.980.930.950.870.720.96
0.990.540.880.990.990.990.890.870.850.920.960.871.00.880.81-0.640.890.990.870.890.890.881.00.930.91
0.910.290.830.870.90.890.770.830.760.920.910.830.910.840.87-0.710.830.850.670.780.750.770.890.770.83
0.970.630.920.950.980.950.910.920.910.960.910.920.960.940.67-0.840.920.910.740.920.920.90.970.80.91
0.880.50.980.840.910.830.930.990.90.870.830.920.890.990.58-0.80.980.820.60.940.960.930.890.670.9
0.990.560.890.981.00.980.90.880.851.00.910.960.890.890.79-0.660.890.980.860.90.90.881.00.920.91
0.890.540.980.870.920.860.950.980.930.880.840.940.990.890.58-0.820.990.830.640.960.970.960.90.70.93
0.780.020.60.760.740.790.560.590.50.810.870.670.580.790.58-0.270.60.80.750.570.520.570.760.830.67
-0.69-0.58-0.79-0.65-0.72-0.63-0.71-0.81-0.8-0.64-0.71-0.84-0.8-0.66-0.82-0.27-0.78-0.53-0.28-0.74-0.76-0.7-0.67-0.35-0.68
0.910.541.00.880.920.870.951.00.940.890.830.920.980.890.990.6-0.780.830.650.970.970.950.90.720.94
0.970.570.830.980.970.980.870.810.810.990.850.910.820.980.830.8-0.530.830.930.860.870.860.980.970.89
0.860.560.640.90.830.910.760.60.690.870.670.740.60.860.640.75-0.280.650.930.750.710.760.870.990.81
0.920.660.970.920.920.90.990.960.980.890.780.920.940.90.960.57-0.740.970.860.750.970.980.910.780.98
0.90.670.960.890.930.870.960.950.930.890.750.920.960.90.970.52-0.760.970.870.710.970.960.920.750.92
0.890.620.950.890.90.880.990.930.950.880.770.90.930.880.960.57-0.70.950.860.760.980.960.890.790.98
0.990.60.90.991.00.990.910.890.871.00.890.970.891.00.90.76-0.670.90.980.870.910.920.890.920.92
0.910.510.710.940.890.940.790.680.720.930.770.80.670.920.70.83-0.350.720.970.990.780.750.790.920.84
0.930.60.930.940.920.930.980.910.960.910.830.910.90.910.930.67-0.680.940.890.810.980.920.980.920.84
Click cells to compare fundamentals

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.