Tsinghuatongfang Capital Expenditures vs Change To Inventory Analysis

600100 Stock   7.64  0.05  0.65%   
Tsinghuatongfang financial indicator trend analysis is much more than just breaking down Tsinghuatongfang prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tsinghuatongfang is a good investment. Please check the relationship between Tsinghuatongfang Capital Expenditures and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tsinghuatongfang Co. 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.

Capital Expenditures vs Change To Inventory

Capital Expenditures vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tsinghuatongfang Capital Expenditures account and Change To Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tsinghuatongfang's Capital Expenditures and Change To Inventory is -0.57. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Tsinghuatongfang Co, assuming nothing else is changed. The correlation between historical values of Tsinghuatongfang's Capital Expenditures and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Tsinghuatongfang Co are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Capital Expenditures i.e., Tsinghuatongfang's Capital Expenditures and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capital Expenditures

Capital Expenditures are funds used by Tsinghuatongfang to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Tsinghuatongfang operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Tsinghuatongfang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tsinghuatongfang 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 Tsinghuatongfang Co. 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 December 23, 2024, Selling General Administrative is expected to decline to about 2.2 B. In addition to that, Tax Provision is expected to decline to about 7 M
 2021 2022 2023 2024 (projected)
Other Operating Expenses47.1M1.4M1.3M1.2M
Research Development1.4B1.1B1.1B1.1B

Tsinghuatongfang fundamental ratios Correlations

0.60.960.90.560.910.890.780.720.820.490.980.390.980.640.730.30.41-0.160.45-0.280.180.630.230.550.11
0.60.520.50.650.60.660.550.620.590.560.60.630.620.40.050.33-0.170.210.330.05-0.110.56-0.160.45-0.36
0.960.520.860.50.940.830.760.530.820.440.980.390.940.670.740.450.44-0.020.37-0.240.120.470.290.330.26
0.90.50.860.750.780.860.50.50.790.290.90.280.820.520.660.140.28-0.090.710.01-0.10.520.120.350.09
0.560.650.50.750.480.70.140.330.640.110.570.420.480.280.050.13-0.310.30.870.55-0.60.44-0.270.15-0.32
0.910.60.940.780.480.80.780.570.870.570.950.280.910.760.690.60.430.120.23-0.20.170.340.060.320.04
0.890.660.830.860.70.80.650.660.760.450.880.430.860.690.530.20.2-0.060.56-0.08-0.070.570.220.48-0.06
0.780.550.760.50.140.780.650.670.570.590.740.340.840.670.560.490.53-0.11-0.07-0.480.430.470.410.510.1
0.720.620.530.50.330.570.660.670.550.520.590.460.780.330.410.080.15-0.350.23-0.390.330.780.060.94-0.32
0.820.590.820.790.640.870.760.570.550.30.830.460.80.610.540.50.090.20.40.05-0.180.33-0.140.29-0.12
0.490.560.440.290.110.570.450.590.520.30.490.010.540.360.330.340.27-0.07-0.06-0.380.420.280.00.43-0.24
0.980.60.980.90.570.950.880.740.590.830.490.360.950.690.730.370.43-0.080.43-0.250.130.510.220.40.2
0.390.630.390.280.420.280.430.340.460.460.010.360.450.05-0.040.14-0.390.080.29-0.01-0.290.560.20.36-0.04
0.980.620.940.820.480.910.860.840.780.80.540.950.450.630.710.360.41-0.160.35-0.350.250.650.250.610.08
0.640.40.670.520.280.760.690.670.330.610.360.690.050.630.440.370.410.08-0.01-0.170.180.130.130.10.11
0.730.050.740.660.050.690.530.560.410.540.330.73-0.040.710.440.210.78-0.360.1-0.560.450.240.380.370.42
0.30.330.450.140.130.60.20.490.080.50.340.370.140.360.370.210.190.71-0.230.14-0.05-0.2-0.11-0.18-0.14
0.41-0.170.440.28-0.310.430.20.530.150.090.270.43-0.390.410.410.780.19-0.36-0.25-0.650.7-0.010.470.170.52
-0.160.21-0.02-0.090.30.12-0.06-0.11-0.350.2-0.07-0.080.08-0.160.08-0.360.71-0.36-0.030.73-0.58-0.41-0.41-0.57-0.36
0.450.330.370.710.870.230.56-0.070.230.4-0.060.430.290.35-0.010.1-0.23-0.25-0.030.45-0.560.48-0.080.18-0.11
-0.280.05-0.240.010.55-0.2-0.08-0.48-0.390.05-0.38-0.25-0.01-0.35-0.17-0.560.14-0.650.730.45-0.87-0.21-0.52-0.52-0.43
0.18-0.110.12-0.1-0.60.17-0.070.430.33-0.180.420.13-0.290.250.180.45-0.050.7-0.58-0.56-0.870.110.30.450.25
0.630.560.470.520.440.340.570.470.780.330.280.510.560.650.130.24-0.2-0.01-0.410.48-0.210.110.260.79-0.01
0.23-0.160.290.12-0.270.060.220.410.06-0.140.00.220.20.250.130.38-0.110.47-0.41-0.08-0.520.30.260.140.65
0.550.450.330.350.150.320.480.510.940.290.430.40.360.610.10.37-0.180.17-0.570.18-0.520.450.790.14-0.24
0.11-0.360.260.09-0.320.04-0.060.1-0.32-0.12-0.240.2-0.040.080.110.42-0.140.52-0.36-0.11-0.430.25-0.010.65-0.24
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Tsinghuatongfang Account Relationship Matchups

Tsinghuatongfang fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets61.9B62.3B61.8B54.1B55.1B38.2B
Other Current Liab9.2B9.8B5.6B5.0B100.3M95.3M
Total Current Liabilities26.8B26.5B31.1B30.4B27.3B19.0B
Total Stockholder Equity16.3B16.1B15.9B14.9B14.3B11.1B
Retained Earnings5.0B4.9B2.4B1.7B(359.1M)(341.1M)
Accounts Payable8.5B8.2B7.4B7.9B7.7B5.8B
Cash10.3B9.9B11.0B6.8B6.0B6.0B
Other Assets5.2B5.8B7.0B4.3B4.9B2.8B
Long Term Debt14.0B13.7B8.6B1.9B7.1B4.6B
Net Receivables8.3B6.1B5.4B6.3B6.5B5.5B
Short Term Investments2.9B1.7B1.6B1.4B1.1B759.2M
Inventory9.1B9.1B9.2B9.5B7.7B6.3B
Other Current Assets1.2B1.3B1.9B1.1B235.1M223.3M
Total Liab41.3B41.8B41.4B34.2B35.8B24.2B
Intangible Assets2.5B2.8B2.9B3.0B2.7B1.7B
Property Plant Equipment4.4B4.3B4.3B4.1B4.8B4.1B
Other Liab576.2M1.6B1.5B1.6B1.8B1.9B
Good Will242.9M204.1M92.3M96.8M92.2M87.6M
Net Tangible Assets14.6B14.4B14.0B13.0B11.7B12.1B
Other Stockholder Equity(796.0M)(1.0B)(1.2B)(1.2B)(1.1B)(1.1B)
Deferred Long Term Liab1.2B1.4B1.2B1.2B1.4B1.2B
Non Current Assets Total30.0B30.9B30.3B25.6B24.2B22.9B
Non Currrent Assets Other139.9M627.5M2.7B1.1B915.2M1.0B
Non Current Liabilities Total14.5B15.3B10.3B3.7B8.5B7.9B
Short Long Term Debt6.2B7.4B10.3B12.3B8.9B9.7B
Total Current Assets31.9B31.4B31.5B28.5B30.9B25.1B
Non Current Liabilities Other5.0M1.1B1.0B1.3B1.0B600.9M
Net Debt9.9B11.2B7.8B7.3B10.0B7.5B
Net Invested Capital36.5B37.2B34.8B29.0B30.3B27.9B
Net Working Capital5.1B4.9B354.9M(1.9B)3.6B3.7B

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Other Information on Investing in Tsinghuatongfang Stock

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