Guangxi Short Term Investments vs Inventory Analysis

600236 Stock   6.29  0.06  0.94%   
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 Short Term Investments and its Inventory 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.

Short Term Investments vs Inventory

Short Term Investments vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangxi Guiguan Electric Short Term Investments account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guangxi Guiguan's Short Term Investments and Inventory is 0.61. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Inventory 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 Short Term Investments 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 Short Term Investments of Guangxi Guiguan Electric 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 Short Term Investments i.e., Guangxi Guiguan's Short Term Investments and Inventory go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Guangxi Guiguan balance sheet. It contains any investments Guangxi Guiguan Electric undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Guangxi Guiguan Electric can easily liquidate in the marketplace.

Inventory

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.
The current year's Selling General Administrative is expected to grow to about 398.5 M, whereas Tax Provision is forecasted to decline to about 153.4 M.
 2022 2023 2024 2025 (projected)
Operating Income4.9B2.0B2.3B2.2B
Total Revenue10.6B8.1B9.3B5.7B

Guangxi Guiguan fundamental ratios Correlations

0.410.680.80.270.860.160.30.670.450.580.960.810.830.990.410.560.690.690.650.450.570.09-0.690.210.6
0.41-0.140.220.590.53-0.620.50.01-0.12-0.180.420.330.280.470.520.090.630.15-0.08-0.09-0.05-0.62-0.16-0.12-0.15
0.68-0.140.90.140.690.69-0.080.940.440.920.60.810.880.640.330.630.230.760.80.750.740.66-0.80.230.87
0.80.220.90.390.890.440.080.920.270.830.670.930.980.790.470.520.380.790.810.770.660.38-0.890.160.79
0.270.590.140.390.46-0.15-0.090.29-0.160.220.10.410.360.270.71-0.21-0.010.510.380.330.44-0.08-0.330.280.33
0.860.530.690.890.460.050.310.710.130.590.770.910.890.880.420.460.620.680.550.460.510.01-0.8-0.010.55
0.16-0.620.690.44-0.150.05-0.480.670.430.750.080.310.40.070.20.46-0.270.420.690.730.490.81-0.430.330.69
0.30.5-0.080.08-0.090.31-0.48-0.14-0.15-0.370.460.170.140.33-0.160.230.76-0.21-0.37-0.36-0.19-0.280.19-0.22-0.28
0.670.010.940.920.290.710.67-0.140.480.90.560.830.90.630.520.640.230.780.860.870.750.58-0.810.250.87
0.45-0.120.440.27-0.160.130.43-0.150.480.460.480.250.360.390.330.610.220.420.470.390.510.35-0.160.50.41
0.58-0.180.920.830.220.590.75-0.370.90.460.430.750.820.520.460.530.010.820.870.850.720.6-0.840.340.86
0.960.420.60.670.10.770.080.460.560.480.430.70.730.950.330.670.830.550.460.260.450.05-0.540.130.47
0.810.330.810.930.410.910.310.170.830.250.750.70.940.770.430.510.440.840.70.660.640.34-0.830.260.75
0.830.280.880.980.360.890.40.140.90.360.820.730.940.810.520.590.460.80.770.730.640.36-0.870.20.76
0.990.470.640.790.270.880.070.330.630.390.520.950.770.810.380.540.730.620.590.370.51-0.02-0.690.070.52
0.410.520.330.470.710.420.2-0.160.520.330.460.330.430.520.380.360.20.580.510.550.420.05-0.430.360.42
0.560.090.630.52-0.210.460.460.230.640.610.530.670.510.590.540.360.640.330.340.370.310.29-0.430.00.4
0.690.630.230.38-0.010.62-0.270.760.230.220.010.830.440.460.730.20.640.12-0.03-0.120.04-0.27-0.24-0.230.02
0.690.150.760.790.510.680.42-0.210.780.420.820.550.840.80.620.580.330.120.820.750.810.46-0.750.630.87
0.65-0.080.80.810.380.550.69-0.370.860.470.870.460.70.770.590.510.34-0.030.820.90.810.53-0.750.470.91
0.45-0.090.750.770.330.460.73-0.360.870.390.850.260.660.730.370.550.37-0.120.750.90.670.57-0.680.460.81
0.57-0.050.740.660.440.510.49-0.190.750.510.720.450.640.640.510.420.310.040.810.810.670.58-0.490.610.88
0.09-0.620.660.38-0.080.010.81-0.280.580.350.60.050.340.36-0.020.050.29-0.270.460.530.570.58-0.270.460.72
-0.69-0.16-0.8-0.89-0.33-0.8-0.430.19-0.81-0.16-0.84-0.54-0.83-0.87-0.69-0.43-0.43-0.24-0.75-0.75-0.68-0.49-0.270.0-0.73
0.21-0.120.230.160.28-0.010.33-0.220.250.50.340.130.260.20.070.360.0-0.230.630.470.460.610.460.00.5
0.6-0.150.870.790.330.550.69-0.280.870.410.860.470.750.760.520.420.40.020.870.910.810.880.72-0.730.5
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Guangxi Guiguan Account Relationship Matchups

Guangxi Guiguan fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets44.8B44.4B45.2B47.3B54.4B27.2B
Other Current Liab4.0B2.1B611.6M201.1M231.2M219.7M
Total Current Liabilities6.4B8.6B11.4B13.3B15.3B16.1B
Total Stockholder Equity16.7B16.8B18.9B18.3B21.1B22.1B
Other Liab192.1M134.5M539.8M154.7M139.3M112.0M
Retained Earnings6.0B5.8B5.6B4.4B5.0B5.3B
Accounts Payable199.3M165.3M1.8B1.9B2.1B2.2B
Cash1.9B1.6B597.2M740.4M851.5M1.4B
Net Receivables1.3B1.4B1.4B1.6B1.9B2.0B
Inventory164.6M241.6M190.2M244.1M280.7M156.6M
Other Current Assets323.6M432.4M716.3M612.6M704.5M739.7M
Total Liab25.4B24.8B23.3B26.2B30.1B16.9B
Intangible Assets701.2M688.0M674.5M669.6M770.0M808.5M
Property Plant Equipment38.0B38.2B38.1B38.5B44.3B22.3B
Other Assets156.8M179.9M646.5M262.6M236.4M257.8M
Long Term Debt18.5B15.6B11.3B12.0B13.8B12.6B
Net Tangible Assets13.5B15.7B15.8B17.9B20.6B15.7B
Other Stockholder Equity5.8M11.8M1.5B2.1B2.4B2.6B
Short Long Term Debt1.9B1.9B3.4B8.5B9.7B10.2B
Total Current Assets3.7B3.7B3.0B3.4B3.1B3.0B
Non Current Assets Total41.1B40.7B42.3B43.9B50.5B44.7B
Non Currrent Assets Other514.4M233.5M1.4B1.4B1.2B1.2B
Non Current Liabilities Total19.0B16.1B11.9B12.9B11.6B13.4B
Non Current Liabilities Other19.4B16.8B444.7M64.7M58.2M55.3M
Net Debt18.5B15.9B14.1B19.7B17.7B14.5B
Deferred Long Term Liab6.3M3.5M1.1M289.7K260.7K247.7K
Net Invested Capital37.1B34.3B33.6B38.7B44.5B39.6B
Net Working Capital(2.7B)(4.9B)(8.4B)(9.9B)(8.9B)(9.4B)
Property Plant And Equipment Net38.2B38.1B38.5B40.1B46.1B42.4B
Property Plant And Equipment Gross74.6B76.2B38.5B82.0B73.8B55.0B

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.