Chongqing Net Debt vs Property Plant And Equipment Net Analysis

002996 Stock

6.56 0.01 0.15%

Chongqing Shunbo financial indicator trend analysis is way more than just evaluating Chongqing Shunbo Aluminum prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chongqing Shunbo Aluminum is a good investment. Please check the relationship between Chongqing Shunbo Net Debt and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chongqing Shunbo Aluminum. 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.

Net Debt vs Property Plant And Equipment Net

Net Debt vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing Shunbo Aluminum Net Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Chongqing Shunbo's Net Debt and Property Plant And Equipment Net is 0.94. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Chongqing Shunbo Aluminum, assuming nothing else is changed. The correlation between historical values of Chongqing Shunbo's Net Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Chongqing Shunbo Aluminum are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Debt i.e., Chongqing Shunbo's Net Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most indicators from Chongqing Shunbo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chongqing Shunbo Aluminum 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 Chongqing Shunbo Aluminum. 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.

As of February 18, 2025, Tax Provision is expected to decline to about 8.3 M. In addition to that, Selling General Administrative is expected to decline to about 49.4 M

	2022	2023	2024	2025 (projected)
Gross Profit	304.9M	181.1M	208.3M	353.3M
Total Revenue	11.1B	11.9B	13.7B	7.4B

Gross Profit Total Revenue

Chongqing Shunbo fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Non Current Liabilities Total	Short Term Investments	Other Liab
Total Assets		0.98	0.7	0.98	0.97	0.99	0.9	0.97	0.97	0.97	0.98	0.99	0.97	0.98	1.0	0.95	0.94	0.91	0.99	1.0	0.98	0.95	0.64	0.91	0.62	0.87
Short Long Term Debt Total	0.98		0.7	0.99	0.9	0.95	0.91	1.0	0.91	0.94	0.96	0.97	0.99	0.96	0.98	0.9	0.98	0.83	1.0	0.98	0.99	0.9	0.51	0.93	0.71	0.8
Other Current Liab	0.7	0.7		0.64	0.67	0.68	0.37	0.68	0.69	0.64	0.73	0.68	0.72	0.73	0.68	0.76	0.64	0.6	0.69	0.7	0.64	0.58	0.42	0.82	0.66	0.64
Total Current Liabilities	0.98	0.99	0.64		0.91	0.96	0.95	0.99	0.92	0.96	0.94	0.97	0.97	0.95	0.99	0.91	0.96	0.85	1.0	0.98	1.0	0.91	0.54	0.87	0.67	0.81
Total Stockholder Equity	0.97	0.9	0.67	0.91		0.98	0.83	0.88	0.99	0.95	0.96	0.97	0.88	0.96	0.96	0.97	0.85	0.97	0.92	0.96	0.9	0.96	0.76	0.84	0.45	0.92
Property Plant And Equipment Net	0.99	0.95	0.68	0.96	0.98		0.88	0.94	0.97	0.97	0.97	1.0	0.94	0.97	0.98	0.94	0.92	0.92	0.96	0.98	0.95	0.98	0.7	0.89	0.56	0.87
Current Deferred Revenue	0.9	0.91	0.37	0.95	0.83	0.88		0.92	0.83	0.91	0.84	0.89	0.87	0.84	0.92	0.8	0.88	0.79	0.92	0.9	0.95	0.86	0.49	0.71	0.54	0.73
Net Debt	0.97	1.0	0.68	0.99	0.88	0.94	0.92		0.89	0.92	0.93	0.95	0.99	0.94	0.97	0.88	0.98	0.8	0.99	0.97	0.99	0.88	0.48	0.91	0.74	0.78
Retained Earnings	0.97	0.91	0.69	0.92	0.99	0.97	0.83	0.89		0.94	0.96	0.97	0.9	0.95	0.97	0.96	0.86	0.94	0.93	0.97	0.91	0.95	0.74	0.85	0.48	0.92
Accounts Payable	0.97	0.94	0.64	0.96	0.95	0.97	0.91	0.92	0.94		0.94	0.96	0.9	0.94	0.97	0.96	0.88	0.92	0.95	0.97	0.95	0.92	0.67	0.82	0.53	0.86
Cash	0.98	0.96	0.73	0.94	0.96	0.97	0.84	0.93	0.96	0.94		0.97	0.95	1.0	0.96	0.94	0.93	0.92	0.96	0.98	0.94	0.93	0.62	0.93	0.56	0.85
Non Current Assets Total	0.99	0.97	0.68	0.97	0.97	1.0	0.89	0.95	0.97	0.96	0.97		0.96	0.98	0.98	0.93	0.94	0.91	0.97	0.99	0.96	0.97	0.67	0.9	0.59	0.86
Non Currrent Assets Other	0.97	0.99	0.72	0.97	0.88	0.94	0.87	0.99	0.9	0.9	0.95	0.96		0.95	0.96	0.87	0.99	0.8	0.99	0.97	0.98	0.89	0.48	0.96	0.74	0.78
Cash And Short Term Investments	0.98	0.96	0.73	0.95	0.96	0.97	0.84	0.94	0.95	0.94	1.0	0.98	0.95		0.96	0.94	0.94	0.92	0.96	0.98	0.94	0.93	0.61	0.93	0.56	0.85
Net Receivables	1.0	0.98	0.68	0.99	0.96	0.98	0.92	0.97	0.97	0.97	0.96	0.98	0.96	0.96		0.95	0.93	0.91	0.98	1.0	0.98	0.93	0.63	0.88	0.62	0.87
Inventory	0.95	0.9	0.76	0.91	0.97	0.94	0.8	0.88	0.96	0.96	0.94	0.93	0.87	0.94	0.95		0.81	0.95	0.91	0.96	0.89	0.89	0.71	0.83	0.52	0.91
Other Current Assets	0.94	0.98	0.64	0.96	0.85	0.92	0.88	0.98	0.86	0.88	0.93	0.94	0.99	0.94	0.93	0.81		0.76	0.97	0.94	0.96	0.88	0.44	0.94	0.71	0.73
Other Stockholder Equity	0.91	0.83	0.6	0.85	0.97	0.92	0.79	0.8	0.94	0.92	0.92	0.91	0.8	0.92	0.91	0.95	0.76		0.85	0.91	0.83	0.9	0.74	0.76	0.37	0.89
Total Liab	0.99	1.0	0.69	1.0	0.92	0.96	0.92	0.99	0.93	0.95	0.96	0.97	0.99	0.96	0.98	0.91	0.97	0.85		0.99	0.99	0.91	0.54	0.92	0.69	0.82
Total Current Assets	1.0	0.98	0.7	0.98	0.96	0.98	0.9	0.97	0.97	0.97	0.98	0.99	0.97	0.98	1.0	0.96	0.94	0.91	0.99		0.98	0.94	0.63	0.9	0.62	0.87
Short Term Debt	0.98	0.99	0.64	1.0	0.9	0.95	0.95	0.99	0.91	0.95	0.94	0.96	0.98	0.94	0.98	0.89	0.96	0.83	0.99	0.98		0.9	0.52	0.88	0.69	0.8
Intangible Assets	0.95	0.9	0.58	0.91	0.96	0.98	0.86	0.88	0.95	0.92	0.93	0.97	0.89	0.93	0.93	0.89	0.88	0.9	0.91	0.94	0.9		0.75	0.82	0.46	0.84
Common Stock	0.64	0.51	0.42	0.54	0.76	0.7	0.49	0.48	0.74	0.67	0.62	0.67	0.48	0.61	0.63	0.71	0.44	0.74	0.54	0.63	0.52	0.75		0.45	0.11	0.81
Non Current Liabilities Total	0.91	0.93	0.82	0.87	0.84	0.89	0.71	0.91	0.85	0.82	0.93	0.9	0.96	0.93	0.88	0.83	0.94	0.76	0.92	0.9	0.88	0.82	0.45		0.73	0.74
Short Term Investments	0.62	0.71	0.66	0.67	0.45	0.56	0.54	0.74	0.48	0.53	0.56	0.59	0.74	0.56	0.62	0.52	0.71	0.37	0.69	0.62	0.69	0.46	0.11	0.73		0.4
Other Liab	0.87	0.8	0.64	0.81	0.92	0.87	0.73	0.78	0.92	0.86	0.85	0.86	0.78	0.85	0.87	0.91	0.73	0.89	0.82	0.87	0.8	0.84	0.81	0.74	0.4

Click cells to compare fundamentals

Chongqing Shunbo Account Relationship Matchups

High Positive Relationship

Net Receivables	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Short Term Debt	+ 1.0	Total Current Liabilities

High Negative Relationship

Not Found

Chongqing Shunbo fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.0B	5.0B	5.9B	7.6B	8.8B	9.2B
Short Long Term Debt Total	550.2M	1.9B	2.6B	4.1B	4.7B	4.9B
Other Current Liab	453.1K	24.2M	84.1M	35.6M	41.0M	43.0M
Total Current Liabilities	922.1M	2.6B	2.2B	4.1B	4.7B	5.0B
Total Stockholder Equity	1.9B	2.2B	2.5B	2.6B	3.0B	3.1B
Property Plant And Equipment Net	518.3M	668.1M	850.4M	1.0B	1.2B	1.3B
Current Deferred Revenue	53.9M	128.5M	9.6M	184.5M	212.2M	222.8M
Net Debt	86.2M	1.5B	1.9B	3.2B	3.7B	3.9B
Retained Earnings	761.6M	1.0B	1.2B	1.3B	1.5B	1.5B
Accounts Payable	337.2M	516.2M	456.7M	612.1M	703.9M	739.1M
Cash	464.0M	410.1M	758.8M	820.7M	943.8M	991.0M
Non Current Assets Total	696.7M	939.8M	1.3B	1.6B	1.9B	2.0B
Non Currrent Assets Other	477.4K	81.4M	206.6M	302.2M	347.5M	364.9M
Cash And Short Term Investments	464.0M	410.4M	773.2M	837.3M	962.9M	1.0B
Net Receivables	1.3B	2.8B	2.6B	3.6B	4.2B	4.4B
Liabilities And Stockholders Equity	3.0B	5.0B	5.9B	7.6B	8.8B	9.2B
Inventory	566.6M	835.3M	899.8M	809.7M	931.2M	977.7M
Other Current Assets	11.5M	43.5M	355.9M	707.0M	813.0M	853.7M
Other Stockholder Equity	608.9M	614.2M	614.2M	614.6M	706.8M	742.2M
Total Liab	1.0B	2.7B	3.3B	5.0B	5.7B	6.0B
Total Current Assets	2.3B	4.1B	4.6B	6.0B	6.9B	7.2B
Short Term Debt	530.6M	1.9B	1.7B	3.3B	3.8B	4.0B
Intangible Assets	121.7M	128.4M	155.8M	203.1M	233.6M	245.3M
Non Current Liabilities Total	78.1M	76.9M	1.0B	871.2M	1.0B	1.1B
Short Term Investments	(25.8M)	300K	14.3M	16.6M	19.1M	20.1M
Other Liab	47.8M	50.7M	58.5M	65.9M	75.8M	58.3M
Net Tangible Assets	1.0B	1.1B	1.8B	2.1B	2.4B	1.4B
Short Long Term Debt	530.6M	1.9B	1.6B	3.0B	3.5B	3.7B
Property Plant Equipment	444.4M	461.4M	518.3M	668.1M	768.4M	510.6M
Deferred Long Term Liab	517.4K	886.0K	477.4K	1.1M	1.3M	671.6K
Net Invested Capital	2.4B	4.1B	5.0B	6.4B	7.3B	7.7B
Net Working Capital	1.4B	1.5B	2.4B	1.9B	2.1B	1.4B
Property Plant And Equipment Gross	723.4M	926.1M	1.1B	1.4B	1.6B	1.1B
Accumulated Other Comprehensive Income	70.3M	90.8M	208.5M	242.8M	279.2M	147.4M

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Other Information on Investing in Chongqing Stock

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

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