Guangzhou Total Assets vs Other Current Assets Analysis

300503 Stock   17.49  1.34  7.12%   
Guangzhou Haozhi financial indicator trend analysis is much more than just examining Guangzhou Haozhi Ind latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Haozhi Ind is a good investment. Please check the relationship between Guangzhou Haozhi Total Assets and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Haozhi Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Assets vs Other Current Assets

Total Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Haozhi Ind Total Assets account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Guangzhou Haozhi's Total Assets and Other Current Assets is 0.52. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Guangzhou Haozhi Industrial, assuming nothing else is changed. The correlation between historical values of Guangzhou Haozhi's Total Assets and Other Current 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 Total Assets of Guangzhou Haozhi Industrial are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Assets i.e., Guangzhou Haozhi's Total Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Guangzhou Haozhi 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 Guangzhou Haozhi Ind 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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Guangzhou Haozhi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Haozhi Ind 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 Guangzhou Haozhi Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of January 6, 2025, Selling General Administrative is expected to decline to about 88.7 M. The current year's Tax Provision is expected to grow to about (15.3 M)
 2022 2023 2024 2025 (projected)
Operating Income102.9M21.4M24.6M23.4M
Total Revenue986.7M1.0B1.2B1.2B

Guangzhou Haozhi fundamental ratios Correlations

0.660.940.980.920.540.860.550.920.850.990.520.920.90.950.880.950.980.97-0.340.810.970.83-0.790.790.68
0.660.640.70.540.660.530.430.550.550.660.230.590.570.60.550.60.660.64-0.060.460.620.62-0.460.450.33
0.940.640.920.860.50.920.60.980.770.920.640.990.970.890.960.910.970.95-0.420.910.930.8-0.840.870.78
0.980.70.920.910.650.860.560.90.910.980.440.890.870.930.850.950.970.93-0.280.780.930.83-0.750.750.64
0.920.540.860.910.60.750.570.920.830.910.390.830.840.970.760.830.910.85-0.090.690.850.92-0.880.660.51
0.540.660.50.650.60.50.390.520.740.58-0.050.440.450.550.370.480.570.40.220.260.420.64-0.50.270.11
0.860.530.920.860.750.50.350.890.830.870.70.940.950.80.950.90.90.88-0.470.920.90.68-0.70.920.86
0.550.430.60.560.570.390.350.590.430.50.170.50.410.540.410.510.630.470.010.290.40.55-0.60.180.11
0.920.550.980.90.920.520.890.590.790.90.580.970.960.910.930.880.950.91-0.310.880.890.84-0.90.830.74
0.850.550.770.910.830.740.830.430.790.880.360.740.750.860.710.880.870.74-0.050.630.780.79-0.660.60.52
0.990.660.920.980.910.580.870.50.90.880.520.90.890.960.870.950.970.95-0.30.810.960.85-0.810.790.68
0.520.230.640.440.39-0.050.70.170.580.360.520.680.680.490.70.60.590.63-0.490.720.640.38-0.540.730.72
0.920.590.990.890.830.440.940.50.970.740.90.680.990.850.990.910.940.96-0.490.960.930.74-0.810.930.86
0.90.570.970.870.840.450.950.410.960.750.890.680.990.860.970.880.920.94-0.450.960.930.76-0.80.940.86
0.950.60.890.930.970.550.80.540.910.860.960.490.850.860.80.90.940.89-0.10.730.90.93-0.860.690.58
0.880.550.960.850.760.370.950.410.930.710.870.70.990.970.80.90.90.94-0.550.990.910.66-0.760.950.92
0.950.60.910.950.830.480.90.510.880.880.950.60.910.880.90.90.960.92-0.350.850.920.74-0.730.790.77
0.980.660.970.970.910.570.90.630.950.870.970.590.940.920.940.90.960.94-0.30.830.940.84-0.820.790.69
0.970.640.950.930.850.40.880.470.910.740.950.630.960.940.890.940.920.94-0.510.910.990.75-0.750.890.8
-0.34-0.06-0.42-0.28-0.090.22-0.470.01-0.31-0.05-0.3-0.49-0.49-0.45-0.1-0.55-0.35-0.3-0.51-0.62-0.490.130.04-0.69-0.68
0.810.460.910.780.690.260.920.290.880.630.810.720.960.960.730.990.850.830.91-0.620.880.57-0.690.980.97
0.970.620.930.930.850.420.90.40.890.780.960.640.930.930.90.910.920.940.99-0.490.880.76-0.720.890.77
0.830.620.80.830.920.640.680.550.840.790.850.380.740.760.930.660.740.840.750.130.570.76-0.870.530.39
-0.79-0.46-0.84-0.75-0.88-0.5-0.7-0.6-0.9-0.66-0.81-0.54-0.81-0.8-0.86-0.76-0.73-0.82-0.750.04-0.69-0.72-0.87-0.63-0.53
0.790.450.870.750.660.270.920.180.830.60.790.730.930.940.690.950.790.790.89-0.690.980.890.53-0.630.94
0.680.330.780.640.510.110.860.110.740.520.680.720.860.860.580.920.770.690.8-0.680.970.770.39-0.530.94
Click cells to compare fundamentals

Guangzhou Haozhi Account Relationship Matchups

Guangzhou Haozhi fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.0B2.6B2.7B2.4B2.8B1.5B
Other Current Liab72.3M165.6M291.2M54.5M62.7M86.7M
Total Current Liabilities704.8M905.3M909.0M761.6M875.9M919.7M
Total Stockholder Equity960.0M1.3B1.3B1.1B1.3B814.0M
Other Liab143.2M178.0M133.2M134.5M154.7M85.9M
Retained Earnings317.3M442.8M381.6M170.4M196.0M293.7M
Accounts Payable101.7M197.1M135.9M176.0M202.4M212.6M
Cash131.0M263.8M170.9M70.5M81.1M119.3M
Other Assets56.0M89.9M94.7M89.9M103.4M108.6M
Net Receivables291.6M585.6M375.6M443.7M510.2M326.3M
Inventory377.6M489.1M519.0M476.8M548.3M294.7M
Other Current Assets7.1M14.2M9.3M15.2M17.5M18.4M
Total Liab1.0B1.3B1.4B1.3B1.5B1.6B
Intangible Assets102.5M104.9M112.1M115.0M132.2M138.8M
Property Plant Equipment592.4M672.0M846.7M1.1B1.2B1.3B
Net Tangible Assets805.5M646.4M999.5M993.6M1.1B817.3M
Total Current Assets952.6M1.4B1.2B1.1B1.3B1.0B
Non Current Assets Total1.1B1.3B1.5B1.3B1.5B996.9M
Non Currrent Assets Other9.1M9.3M9.7M4.5M4.0M3.8M
Non Current Liabilities Total338.0M345.2M489.7M571.4M657.1M689.9M
Deferred Long Term Liab5.8M14.5M18.4M18.7M21.6M10.9M
Non Current Liabilities Other19.0M30.3M24.6M24.3M21.8M20.8M
Net Debt365.2M310.1M409.1M490.9M564.5M592.7M
Long Term Debt110.9M162.8M286.3M405.6M466.4M489.7M
Good Will224.7M213.3M216.0M73.1M84.1M126.6M
Net Invested Capital1.5B1.9B1.9B1.7B1.9B1.6B
Short Long Term Debt385.2M411.1M293.8M155.8M179.2M287.0M
Net Working Capital247.8M450.5M308.6M343.0M308.7M294.0M
Property Plant And Equipment Net672.0M846.7M1.1B952.7M1.1B909.3M
Property Plant And Equipment Gross988.1M1.2B1.1B1.3B1.5B1.2B

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Other Information on Investing in Guangzhou Stock

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