China Total Current Assets vs Inventory Analysis

600195 Stock   6.43  0.02  0.31%   
China Animal financial indicator trend analysis is way more than just evaluating China Animal Husbandry prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Animal Husbandry is a good investment. Please check the relationship between China Animal Total Current Assets and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Animal Husbandry. 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 Current Assets vs Inventory

Total Current Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Animal Husbandry Total Current Assets account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Animal's Total Current Assets and Inventory is 0.71. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of China Animal Husbandry, assuming nothing else is changed. The correlation between historical values of China Animal's Total Current Assets and 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 Total Current Assets of China Animal Husbandry are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Current Assets i.e., China Animal's Total Current Assets and Inventory go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Inventory

Most indicators from China Animal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Animal Husbandry 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 China Animal Husbandry. 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 74.3 M, whereas Selling General Administrative is forecasted to decline to about 191.5 M.
 2022 2023 2024 2025 (projected)
Operating Income402.6M239.3M275.2M265.7M
Total Revenue5.9B5.4B6.2B3.4B

China Animal fundamental ratios Correlations

-0.470.650.990.80.980.790.860.56-0.080.780.94-0.470.880.950.870.960.420.590.860.280.480.810.860.82-0.81
-0.47-0.17-0.44-0.4-0.38-0.2-0.62-0.10.06-0.56-0.420.6-0.45-0.4-0.55-0.42-0.260.09-0.48-0.02-0.28-0.35-0.46-0.570.38
0.65-0.170.620.360.630.640.420.76-0.350.360.59-0.150.660.640.470.530.860.380.640.390.410.720.760.52-0.65
0.99-0.440.620.830.990.810.850.59-0.130.80.96-0.470.790.960.910.980.370.610.880.330.540.810.790.85-0.83
0.8-0.40.360.830.840.730.830.33-0.050.740.76-0.530.530.70.870.860.210.60.790.220.290.60.560.83-0.64
0.98-0.380.630.990.840.810.810.63-0.20.770.95-0.480.770.960.920.980.390.610.90.370.560.840.780.85-0.85
0.79-0.20.640.810.730.810.650.49-0.030.70.81-0.240.590.730.710.820.250.570.830.320.230.680.680.84-0.62
0.86-0.620.420.850.830.810.650.30.110.70.78-0.610.730.740.80.840.280.570.730.220.290.560.680.77-0.53
0.56-0.10.760.590.330.630.490.3-0.550.250.53-0.140.410.730.540.510.620.410.640.630.840.830.550.47-0.79
-0.080.06-0.35-0.13-0.05-0.2-0.030.11-0.55-0.01-0.060.370.12-0.28-0.36-0.16-0.450.38-0.39-0.6-0.57-0.44-0.1-0.260.49
0.78-0.560.360.80.740.770.70.70.25-0.010.87-0.420.560.680.80.790.190.380.720.040.310.50.550.79-0.56
0.94-0.420.590.960.760.950.810.780.53-0.060.87-0.370.730.910.860.950.340.610.820.250.50.710.710.81-0.74
-0.470.6-0.15-0.47-0.53-0.48-0.24-0.61-0.140.37-0.42-0.37-0.32-0.42-0.65-0.52-0.170.08-0.63-0.19-0.24-0.45-0.46-0.660.45
0.88-0.450.660.790.530.770.590.730.410.120.560.73-0.320.770.570.720.470.480.630.120.290.70.930.57-0.64
0.95-0.40.640.960.70.960.730.740.73-0.280.680.91-0.420.770.890.930.410.520.860.440.690.880.780.78-0.88
0.87-0.550.470.910.870.920.710.80.54-0.360.80.86-0.650.570.890.940.310.390.920.40.580.770.630.91-0.81
0.96-0.420.530.980.860.980.820.840.51-0.160.790.95-0.520.720.930.940.280.550.890.350.470.760.720.89-0.78
0.42-0.260.860.370.210.390.250.280.62-0.450.190.34-0.170.470.410.310.280.180.380.350.390.490.530.26-0.5
0.590.090.380.610.60.610.570.570.410.380.380.610.080.480.520.390.550.180.350.140.270.360.370.32-0.36
0.86-0.480.640.880.790.90.830.730.64-0.390.720.82-0.630.630.860.920.890.380.350.450.540.90.780.97-0.86
0.28-0.020.390.330.220.370.320.220.63-0.60.040.25-0.190.120.440.40.350.350.140.450.660.50.190.31-0.49
0.48-0.280.410.540.290.560.230.290.84-0.570.310.5-0.240.290.690.580.470.390.270.540.660.690.340.38-0.73
0.81-0.350.720.810.60.840.680.560.83-0.440.50.71-0.450.70.880.770.760.490.360.90.50.690.840.77-0.95
0.86-0.460.760.790.560.780.680.680.55-0.10.550.71-0.460.930.780.630.720.530.370.780.190.340.840.71-0.74
0.82-0.570.520.850.830.850.840.770.47-0.260.790.81-0.660.570.780.910.890.260.320.970.310.380.770.71-0.73
-0.810.38-0.65-0.83-0.64-0.85-0.62-0.53-0.790.49-0.56-0.740.45-0.64-0.88-0.81-0.78-0.5-0.36-0.86-0.49-0.73-0.95-0.74-0.73
Click cells to compare fundamentals

China Animal Account Relationship Matchups

China Animal fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.8B7.4B7.9B8.9B10.3B10.8B
Other Current Liab488.4M462.2M661.8M3.8M4.4M4.1M
Total Current Liabilities1.2B1.4B1.4B1.4B1.7B1.0B
Total Stockholder Equity4.5B4.9B5.3B5.5B6.3B6.7B
Other Liab56.2M137.5M127.4M129.7M149.1M156.6M
Retained Earnings2.9B3.3B3.7B3.5B4.0B4.2B
Accounts Payable270.5M413.5M388.2M416.9M479.4M276.4M
Cash1.0B1.2B875.2M1.5B1.7B1.8B
Other Assets343.8M246.5M227.9M200.2M230.2M120.1M
Long Term Debt66.3M78.2M34.2M899.0M1.0B1.1B
Net Receivables403.8M542.6M844.0M863.5M993.0M1.0B
Inventory708.5M879.1M1.1B1.1B1.3B1.3B
Other Current Assets83.6M62.5M13.8M27.9M32.0M30.4M
Total Liab1.4B1.6B1.6B2.4B2.8B2.9B
Intangible Assets754.5M748.2M734.9M815.1M937.3M984.2M
Common Stock601.7M842.4M1.0B1.0B1.2B1.2B
Property Plant Equipment1.5B1.8B2.3B2.7B3.2B3.3B
Net Tangible Assets3.5B3.6B3.8B4.3B4.9B3.7B
Other Stockholder Equity28.7M11.7M52.0M6.2M7.1M6.7M
Deferred Long Term Liab166.0M96.0M99.9M77.1M88.6M101.1M
Total Current Assets2.7B2.8B3.3B3.8B4.4B3.3B
Non Current Assets Total4.0B4.6B4.6B5.1B5.9B4.2B
Non Currrent Assets Other60.7M39.4M41.2M49.7M44.7M42.5M
Non Current Liabilities Total203.8M211.5M165.1M967.3M870.6M914.1M
Short Long Term Debt90M115M265.4M446.3M513.3M539.0M
Non Current Liabilities Other80.3M58.9M91.2M19.8M17.8M17.0M
Net Invested Capital4.6B5.1B5.6B6.9B7.9B5.6B
Net Working Capital1.6B1.5B1.9B2.4B2.7B1.9B
Property Plant And Equipment Net2.3B2.7B2.9B3.3B3.8B2.9B
Property Plant And Equipment Gross3.7B4.3B2.9B5.2B6.0B4.2B

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

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