Chongqing Other Liab vs Non Current Liabilities Total Analysis

200625 Stock   3.65  0.05  1.35%   
Chongqing Changan financial indicator trend analysis is way more than just evaluating Chongqing Changan prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chongqing Changan is a good investment. Please check the relationship between Chongqing Changan Other Liab and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chongqing Changan Automobile. 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 Non Current Liabilities Total

Other Liab vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing Changan Other Liab account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Chongqing Changan's Other Liab and Non Current Liabilities Total is -0.42. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Chongqing Changan Automobile, assuming nothing else is changed. The correlation between historical values of Chongqing Changan's Other Liab and Non Current Liabilities Total 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 Chongqing Changan Automobile are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Liab i.e., Chongqing Changan's Other Liab and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Liab

Non Current Liabilities Total

Most indicators from Chongqing Changan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chongqing Changan 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 Changan Automobile. 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 Tax Provision is expected to grow to about 1.3 B, whereas Selling General Administrative is forecasted to decline to about 5.2 B.
 2022 2023 2024 2025 (projected)
Gross Profit24.8B27.8B31.9B17.1B
Total Revenue121.3B151.3B174.0B100.8B

Chongqing Changan fundamental ratios Correlations

0.230.990.97-0.60.940.950.990.870.95-0.25-0.760.780.640.810.850.99-0.68-0.440.990.810.950.320.88-0.740.77
0.230.280.25-0.430.350.190.160.440.350.01-0.59-0.040.010.030.390.22-0.3-0.070.3-0.010.4-0.01-0.12-0.47-0.07
0.990.280.93-0.640.90.90.990.880.96-0.17-0.760.770.670.780.851.0-0.6-0.411.00.780.950.210.82-0.730.75
0.970.250.93-0.530.990.990.920.850.91-0.42-0.770.730.510.790.850.92-0.82-0.480.950.80.920.510.88-0.780.75
-0.6-0.43-0.64-0.53-0.54-0.44-0.59-0.65-0.66-0.220.81-0.44-0.54-0.34-0.58-0.630.390.2-0.64-0.4-0.590.13-0.370.62-0.42
0.940.350.90.99-0.540.980.870.840.89-0.48-0.790.650.430.730.840.88-0.84-0.450.920.730.910.520.81-0.820.67
0.950.190.90.99-0.440.980.90.830.88-0.49-0.710.720.480.80.840.89-0.81-0.510.920.80.90.550.88-0.760.74
0.990.160.990.92-0.590.870.90.850.94-0.17-0.690.80.690.80.811.0-0.57-0.420.990.80.930.190.85-0.70.77
0.870.440.880.85-0.650.840.830.850.85-0.21-0.860.850.770.870.950.86-0.67-0.70.880.860.840.260.7-0.820.83
0.950.350.960.91-0.660.890.880.940.85-0.08-0.780.70.620.70.880.95-0.58-0.360.970.710.990.170.77-0.680.67
-0.250.01-0.17-0.42-0.22-0.48-0.49-0.17-0.21-0.080.07-0.090.19-0.29-0.15-0.140.530.28-0.2-0.24-0.15-0.67-0.260.38-0.16
-0.76-0.59-0.76-0.770.81-0.79-0.71-0.69-0.86-0.780.07-0.61-0.56-0.63-0.83-0.740.750.43-0.77-0.64-0.78-0.28-0.590.8-0.61
0.78-0.040.770.73-0.440.650.720.80.850.7-0.09-0.610.920.970.850.79-0.52-0.780.750.980.660.290.83-0.550.99
0.640.010.670.51-0.540.430.480.690.770.620.19-0.560.920.830.720.69-0.23-0.690.630.830.54-0.070.62-0.40.87
0.810.030.780.79-0.340.730.80.80.870.7-0.29-0.630.970.830.850.79-0.63-0.790.760.980.690.430.85-0.610.97
0.850.390.850.85-0.580.840.840.810.950.88-0.15-0.830.850.720.850.83-0.69-0.680.850.870.870.340.75-0.710.83
0.990.221.00.92-0.630.880.891.00.860.95-0.14-0.740.790.690.790.83-0.58-0.410.990.790.940.20.84-0.70.77
-0.68-0.3-0.6-0.820.39-0.84-0.81-0.57-0.67-0.580.530.75-0.52-0.23-0.63-0.69-0.580.51-0.63-0.65-0.63-0.8-0.720.77-0.59
-0.44-0.07-0.41-0.480.2-0.45-0.51-0.42-0.7-0.360.280.43-0.78-0.69-0.79-0.68-0.410.51-0.4-0.8-0.33-0.42-0.530.5-0.8
0.990.31.00.95-0.640.920.920.990.880.97-0.2-0.770.750.630.760.850.99-0.63-0.40.760.960.220.81-0.760.73
0.81-0.010.780.8-0.40.730.80.80.860.71-0.24-0.640.980.830.980.870.79-0.65-0.80.760.680.450.88-0.590.99
0.950.40.950.92-0.590.910.90.930.840.99-0.15-0.780.660.540.690.870.94-0.63-0.330.960.680.230.76-0.710.63
0.32-0.010.210.510.130.520.550.190.260.17-0.67-0.280.29-0.070.430.340.2-0.8-0.420.220.450.230.56-0.310.39
0.88-0.120.820.88-0.370.810.880.850.70.77-0.26-0.590.830.620.850.750.84-0.72-0.530.810.880.760.56-0.520.86
-0.74-0.47-0.73-0.780.62-0.82-0.76-0.7-0.82-0.680.380.8-0.55-0.4-0.61-0.71-0.70.770.5-0.76-0.59-0.71-0.31-0.52-0.56
0.77-0.070.750.75-0.420.670.740.770.830.67-0.16-0.610.990.870.970.830.77-0.59-0.80.730.990.630.390.86-0.56
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Chongqing Changan Account Relationship Matchups

Chongqing Changan fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets120.9B135.4B146.0B190.2B218.7B132.7B
Other Current Liab11.3B17.4B16.2B8.9B10.2B12.1B
Total Current Liabilities62.6B76.1B79.9B103.2B118.7B70.8B
Total Stockholder Equity53.4B55.7B62.9B71.9B82.6B56.2B
Other Liab4.4B1.2B2.8B2.1B1.8B2.5B
Net Tangible Assets38.8B48.9B51.3B58.4B67.2B48.7B
Retained Earnings37.0B38.9B44.9B49.6B57.1B41.3B
Accounts Payable40.7B47.9B51.5B75.7B87.1B47.8B
Cash32.0B52.0B53.5B64.9B74.6B78.3B
Other Assets2.4B2.7B3.0B3.8B4.4B3.0B
Long Term Debt955.3M600M1.0B1.1B1.2B840.9M
Net Receivables2.1B1.7B3.1B2.4B2.2B2.1B
Inventory6.0B6.9B5.8B13.5B15.5B16.3B
Other Current Assets1.3B4.5B1.6B9.7B11.2B11.8B
Other Stockholder Equity614.8M685.6M1.1B2.2B2.5B2.6B
Total Liab67.4B79.5B83.1B115.5B132.8B76.2B
Deferred Long Term Liab829.1M607.2M742.6M749.6M674.6M681.1M
Total Current Assets72.9B91.1B102.1B130.9B150.6B81.9B
Intangible Assets5.5B5.1B5.2B17.3B19.9B20.9B
Property Plant Equipment28.7B25.3B22.9B20.8B24.0B25.3B
Non Current Assets Total48.0B44.3B44.0B59.2B68.1B51.9B
Non Current Liabilities Total4.8B3.4B3.2B12.2B14.1B14.8B
Short Long Term Debt578M19M29M30.0M27.0M25.7M
Non Current Liabilities Other261.3M1.6B1.4B7.8B8.9B9.4B
Common Stock Shares Outstanding26.8B7.6B9.9B9.9B8.9B14.4B
Net Invested Capital54.9B56.4B63.9B73.0B83.9B60.8B
Net Working Capital10.3B15.0B22.1B27.7B31.8B33.4B
Capital Stock5.4B7.6B9.9B9.9B11.4B7.8B
Property Plant And Equipment Net27.5B22.9B20.8B22.1B19.9B19.5B
Short Term Investments204.3M195.8M280.3M167.5M150.8M143.2M
Property Plant And Equipment Gross50.8B48.3B20.8B52.7B47.4B35.3B

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Other Information on Investing in Chongqing Stock

Balance Sheet is a snapshot of the financial position of Chongqing Changan at a specified time, usually calculated after every quarter, six months, or one year. Chongqing Changan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chongqing Changan 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.