Chongqing Non Current Liabilities Total vs Non Current Assets Total Analysis

600132 Stock   56.67  0.61  1.09%   
Chongqing Brewery financial indicator trend analysis is way more than just evaluating Chongqing Brewery prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chongqing Brewery is a good investment. Please check the relationship between Chongqing Brewery Non Current Liabilities Total and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chongqing Brewery 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 nation.

Non Current Liabilities Total vs Non Current Assets Total

Non Current Liabilities Total vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing Brewery Non Current Liabilities Total account and Non Current Assets Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Chongqing Brewery's Non Current Liabilities Total and Non Current Assets Total is 0.27. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Chongqing Brewery Co, assuming nothing else is changed. The correlation between historical values of Chongqing Brewery's Non Current Liabilities Total and Non Current Assets 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 Non Current Liabilities Total of Chongqing Brewery Co are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Current Liabilities Total i.e., Chongqing Brewery's Non Current Liabilities Total and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Chongqing Brewery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chongqing Brewery 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 Brewery 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 nation.
The current year's Selling General Administrative is expected to grow to about 3.3 B. The current year's Tax Provision is expected to grow to about 801.9 M
 2022 2023 2024 2025 (projected)
Operating Income3.3B3.3B3.8B4.0B
Total Revenue14.0B14.8B17.0B17.9B

Chongqing Brewery fundamental ratios Correlations

0.140.950.60.530.790.960.950.90.66-0.220.920.880.990.890.340.930.53-0.380.070.87-0.520.810.920.720.22
0.140.310.110.540.080.170.270.390.240.470.230.30.160.10.190.290.35-0.120.00.39-0.180.450.21-0.290.04
0.950.310.580.720.740.970.950.970.690.10.940.950.940.830.340.980.63-0.340.040.97-0.570.920.870.610.2
0.60.110.580.480.830.590.570.470.42-0.020.690.60.540.440.540.620.190.30.090.46-0.250.670.610.6-0.39
0.530.540.720.480.50.620.610.730.740.580.620.720.530.480.660.710.73-0.08-0.210.75-0.530.770.490.110.02
0.790.080.740.830.50.780.760.640.62-0.080.840.770.730.690.480.760.350.220.030.62-0.380.670.620.75-0.33
0.960.170.970.590.620.780.980.940.66-0.010.910.960.950.870.280.940.62-0.270.020.94-0.590.890.880.730.15
0.950.270.950.570.610.760.980.930.66-0.040.860.950.950.840.260.910.67-0.29-0.090.92-0.630.890.890.660.12
0.90.390.970.470.730.640.940.930.680.130.850.930.910.820.280.920.72-0.4-0.010.98-0.590.920.880.460.22
0.660.240.690.420.740.620.660.660.680.140.660.650.660.680.630.680.67-0.15-0.270.64-0.50.590.520.310.06
-0.220.470.1-0.020.58-0.08-0.01-0.040.130.140.00.19-0.23-0.210.070.10.310.33-0.110.24-0.170.27-0.24-0.31-0.21
0.920.230.940.690.620.840.910.860.850.660.00.860.90.80.450.960.38-0.230.240.85-0.390.810.80.720.14
0.880.30.950.60.720.770.960.950.930.650.190.860.870.770.290.920.72-0.140.010.94-0.670.920.80.610.06
0.990.160.940.540.530.730.950.950.910.66-0.230.90.870.90.330.920.56-0.470.060.88-0.530.80.930.670.3
0.890.10.830.440.480.690.870.840.820.68-0.210.80.770.90.320.760.51-0.360.070.78-0.450.720.830.650.25
0.340.190.340.540.660.480.280.260.280.630.070.450.290.330.320.410.32-0.03-0.10.24-0.210.290.270.090.01
0.930.290.980.620.710.760.940.910.920.680.10.960.920.920.760.410.55-0.320.10.94-0.520.870.830.630.2
0.530.350.630.190.730.350.620.670.720.670.310.380.720.560.510.320.55-0.21-0.50.69-0.840.640.510.020.09
-0.38-0.12-0.340.3-0.080.22-0.27-0.29-0.4-0.150.33-0.23-0.14-0.47-0.36-0.03-0.32-0.21-0.11-0.360.15-0.16-0.460.03-0.9
0.070.00.040.09-0.210.030.02-0.09-0.01-0.27-0.110.240.010.060.07-0.10.1-0.5-0.110.020.380.00.070.240.33
0.870.390.970.460.750.620.940.920.980.640.240.850.940.880.780.240.940.69-0.360.02-0.580.940.830.50.24
-0.52-0.18-0.57-0.25-0.53-0.38-0.59-0.63-0.59-0.5-0.17-0.39-0.67-0.53-0.45-0.21-0.52-0.840.150.38-0.58-0.57-0.48-0.18-0.07
0.810.450.920.670.770.670.890.890.920.590.270.810.920.80.720.290.870.64-0.160.00.94-0.570.860.50.03
0.920.210.870.610.490.620.880.890.880.52-0.240.80.80.930.830.270.830.51-0.460.070.83-0.480.860.590.27
0.72-0.290.610.60.110.750.730.660.460.31-0.310.720.610.670.650.090.630.020.030.240.5-0.180.50.59-0.02
0.220.040.2-0.390.02-0.330.150.120.220.06-0.210.140.060.30.250.010.20.09-0.90.330.24-0.070.030.27-0.02
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Chongqing Brewery Account Relationship Matchups

Chongqing Brewery fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets9.6B11.5B12.5B12.4B14.2B15.0B
Other Current Liab2.9B3.8B5.4B26.1M30.0M28.5M
Total Current Liabilities6.9B7.9B8.3B8.2B9.4B9.9B
Total Stockholder Equity585.3M1.8B2.1B2.1B2.5B1.3B
Other Liab751.5M506.9M505.2M485.4M558.2M431.3M
Retained Earnings116.1M1.3B1.6B1.4B1.6B1.7B
Accounts Payable1.6B1.8B2.5B2.6B3.0B3.1B
Cash2.0B2.4B3.4B2.7B3.1B3.3B
Other Assets659.4M845.7M1.1B821.9M945.2M992.5M
Net Receivables114.5M109.2M65.5M64.6M74.3M70.6M
Inventory1.4B1.9B2.2B2.1B2.4B2.5B
Other Current Assets88.1M128.6M156.6M146.5M168.5M176.9M
Total Liab8.0B8.4B8.9B8.7B10.0B10.5B
Intangible Assets588.3M615.1M685.2M677.1M778.6M817.5M
Property Plant Equipment3.4B3.6B3.9B4.2B4.8B5.0B
Net Tangible Assets1.1B(702.2M)440.3M671.8M604.6M480.1M
Other Stockholder Equity(16.9M)(14.8M)(13.8M)(13.5M)(12.2M)(12.8M)
Total Current Assets3.7B5.0B5.8B5.5B6.3B3.8B
Non Current Assets Total5.9B6.5B6.7B6.9B8.0B4.6B
Non Currrent Assets Other5.0M3.6M89.5M98.8M113.6M119.3M
Non Current Liabilities Total1.1B522.1M563.3M553.0M636.0M670.8M
Non Current Liabilities Other275.7M31.9M31.7M25.2M22.7M21.6M
Net Invested Capital950.3M1.8B2.1B2.1B2.5B1.7B
Net Working Capital(3.3B)(2.9B)(2.5B)(2.7B)(2.4B)(2.6B)
Property Plant And Equipment Net3.6B3.9B4.2B4.6B5.3B3.8B
Property Plant And Equipment Gross7.1B7.7B4.2B4.6B5.3B5.8B

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Other Information on Investing in Chongqing Stock

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