Guangxi Intangible Assets vs Accounts Payable Analysis

600236 Stock   6.90  0.04  0.58%   
Guangxi Guiguan financial indicator trend analysis is much more than just examining Guangxi Guiguan Electric latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangxi Guiguan Electric is a good investment. Please check the relationship between Guangxi Guiguan Intangible Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangxi Guiguan Electric. 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.

Intangible Assets vs Accounts Payable

Intangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangxi Guiguan Electric Intangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Guangxi Guiguan's Intangible Assets and Accounts Payable is 0.16. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Guangxi Guiguan Electric, assuming nothing else is changed. The correlation between historical values of Guangxi Guiguan's Intangible Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Guangxi Guiguan Electric are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Intangible Assets i.e., Guangxi Guiguan's Intangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Accounts Payable

An accounting item on the balance sheet that represents Guangxi Guiguan obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Guangxi Guiguan Electric are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Guangxi Guiguan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangxi Guiguan Electric 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 Guangxi Guiguan Electric. 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.
As of December 13, 2024, Selling General Administrative is expected to decline to about 169.8 M. In addition to that, Tax Provision is expected to decline to about 170.4 M
 2021 2022 2023 2024 (projected)
Operating Income2.7B4.9B2.0B2.2B
Total Revenue8.4B10.6B8.1B5.7B

Guangxi Guiguan fundamental ratios Correlations

0.550.690.830.270.920.010.410.860.360.550.950.820.820.990.410.570.750.650.560.370.49-0.1-0.660.130.52
0.55-0.010.370.620.67-0.60.480.38-0.03-0.070.530.450.340.530.570.10.640.220.01-0.02-0.03-0.61-0.25-0.080.03
0.69-0.010.880.150.610.550.020.730.370.90.60.790.90.690.330.670.310.750.760.690.730.49-0.790.180.87
0.830.370.880.420.840.280.170.810.180.790.680.920.980.820.480.510.440.770.760.710.620.17-0.880.10.8
0.270.620.150.420.47-0.2-0.080.38-0.190.230.090.430.360.270.71-0.210.00.510.380.340.44-0.13-0.330.280.42
0.920.670.610.840.47-0.180.360.790.110.490.820.850.770.930.380.340.660.610.480.30.42-0.27-0.71-0.010.5
0.01-0.60.550.28-0.2-0.18-0.460.260.340.66-0.050.160.32-0.010.170.48-0.30.340.620.670.450.72-0.330.290.56
0.410.480.020.17-0.080.36-0.46-0.03-0.08-0.330.550.250.180.37-0.140.240.77-0.17-0.33-0.32-0.19-0.210.14-0.19-0.19
0.860.380.730.810.380.790.26-0.030.510.720.730.760.790.870.540.50.40.770.830.630.730.03-0.680.310.67
0.36-0.030.370.18-0.190.110.34-0.080.510.390.420.180.30.330.320.630.250.340.350.30.430.23-0.050.450.23
0.55-0.070.90.790.230.490.66-0.330.720.390.390.710.810.530.470.530.030.810.840.810.70.43-0.830.310.88
0.950.530.60.680.090.82-0.050.550.730.420.390.710.70.930.320.670.880.490.360.180.36-0.12-0.50.060.38
0.820.450.790.920.430.850.160.250.760.180.710.710.920.790.420.480.490.820.650.590.590.17-0.810.220.79
0.820.340.90.980.360.770.320.180.790.30.810.70.920.80.510.60.460.790.760.720.640.27-0.850.170.82
0.990.530.690.820.270.93-0.010.370.870.330.530.930.790.80.370.540.730.60.570.330.5-0.13-0.660.040.49
0.410.570.330.480.710.380.17-0.140.540.320.470.320.420.510.370.360.210.570.50.550.41-0.02-0.420.350.5
0.570.10.670.51-0.210.340.480.240.50.630.530.670.480.60.540.360.620.340.360.390.30.28-0.420.00.44
0.750.640.310.440.00.66-0.30.770.40.250.030.880.490.460.730.210.620.12-0.04-0.12-0.01-0.31-0.26-0.240.06
0.650.220.750.770.510.610.34-0.170.770.340.810.490.820.790.60.570.340.120.810.730.810.39-0.710.610.91
0.560.010.760.760.380.480.62-0.330.830.350.840.360.650.760.570.50.36-0.040.810.880.830.41-0.690.430.82
0.37-0.020.690.710.340.30.67-0.320.630.30.810.180.590.720.330.550.39-0.120.730.880.670.46-0.630.430.82
0.49-0.030.730.620.440.420.45-0.190.730.430.70.360.590.640.50.410.3-0.010.810.830.670.57-0.430.610.8
-0.1-0.610.490.17-0.13-0.270.72-0.210.030.230.43-0.120.170.27-0.13-0.020.28-0.310.390.410.460.57-0.110.460.58
-0.66-0.25-0.79-0.88-0.33-0.71-0.330.14-0.68-0.05-0.83-0.5-0.81-0.85-0.66-0.42-0.42-0.26-0.71-0.69-0.63-0.43-0.110.07-0.76
0.13-0.080.180.10.28-0.010.29-0.190.310.450.310.060.220.170.040.350.0-0.240.610.430.430.610.460.070.44
0.520.030.870.80.420.50.56-0.190.670.230.880.380.790.820.490.50.440.060.910.820.820.80.58-0.760.44
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Guangxi Guiguan Account Relationship Matchups

Guangxi Guiguan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.0B44.8B44.4B45.2B47.3B27.2B
Other Current Liab1.5B4.0B2.1B611.6M201.1M191.0M
Total Current Liabilities9.9B6.4B8.6B11.4B13.3B14.0B
Total Stockholder Equity14.5B16.7B16.8B18.9B18.3B19.2B
Other Liab192.1M134.5M539.8M154.7M139.3M112.0M
Retained Earnings5.3B6.0B5.8B5.6B4.4B2.5B
Accounts Payable120.2M199.3M165.3M1.8B1.9B1.9B
Cash1.9B1.9B1.6B597.2M740.4M1.4B
Net Receivables1.0B1.3B1.4B1.4B1.6B823.8M
Inventory246.8M164.6M241.6M190.2M244.1M156.6M
Other Current Assets467.9M323.6M432.4M716.3M612.6M643.3M
Total Liab26.8B25.4B24.8B23.3B26.2B16.9B
Intangible Assets707.3M701.2M688.0M674.5M669.6M703.1M
Property Plant Equipment38.0B38.2B38.1B38.5B44.3B22.3B
Other Assets156.8M179.9M646.5M262.6M236.4M257.8M
Long Term Debt16.8B18.5B15.6B11.3B12.0B12.6B
Net Tangible Assets13.5B15.7B15.8B17.9B20.6B15.7B
Other Stockholder Equity5.8M11.8M1.5B2.1B2.4B2.6B
Short Long Term Debt4.9B1.9B1.9B3.4B8.5B8.9B
Total Current Assets3.6B3.7B3.7B3.0B3.4B3.0B
Non Current Assets Total40.3B41.1B40.7B42.3B43.9B44.7B
Non Currrent Assets Other40.3B514.4M233.5M1.4B1.4B1.3B
Non Current Liabilities Total16.9B19.0B16.1B11.9B12.9B13.4B
Non Current Liabilities Other19.4B16.8B444.7M64.7M58.2M55.3M
Net Debt19.8B18.5B15.9B14.1B19.7B14.5B
Deferred Long Term Liab6.3M3.5M1.1M289.7K260.7K247.7K
Net Invested Capital36.1B37.1B34.3B33.6B38.7B39.6B
Net Working Capital(6.3B)(2.7B)(4.9B)(8.4B)(9.9B)(9.4B)

Currently Active Assets on Macroaxis

Other Information on Investing in Guangxi Stock

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