Chongqing Total Assets vs Other Assets 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 Total Assets and its Other Assets 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.

Total Assets vs Other Assets

Total Assets vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing Brewery Total Assets account and Other Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Chongqing Brewery's Total Assets and Other Assets is 0.9. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Assets 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 Total Assets and Other 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 Chongqing Brewery Co are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Assets i.e., Chongqing Brewery's Total Assets and Other Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Chongqing Brewery 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 Chongqing Brewery 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 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

Currently Active Assets on Macroaxis

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.