China Investments vs Change In Cash Analysis

600511 Stock

32.56 0.18 0.55%

China National financial indicator trend analysis is way more than just evaluating China National Medicines prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China National Medicines is a good investment. Please check the relationship between China National Investments and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China National Medicines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Investments vs Change In Cash

Investments vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China National Medicines Investments account and Change In Cash. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between China National's Investments and Change In Cash is -0.61. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change In Cash in the same time period over historical financial statements of China National Medicines, assuming nothing else is changed. The correlation between historical values of China National's Investments and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of China National Medicines are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Investments i.e., China National's Investments and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change In Cash

Most indicators from China National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China National Medicines 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 National Medicines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of January 6, 2025, Selling General Administrative is expected to decline to about 459.3 M. In addition to that, Tax Provision is expected to decline to about 495.7 M

	2022	2023	2024	2025 (projected)
Operating Income	2.4B	2.5B	2.8B	3.0B
Total Revenue	45.5B	49.7B	57.2B	60.0B

Operating Income Total Revenue

China National fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Retained Earnings	Long Term Debt	Intangible Assets	Other Liab	Short Term Investments	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.07	0.97	1.0	0.96	0.98	0.96	0.75	0.96	-0.07	1.0	0.7	0.89	0.98	-0.43	0.99	0.87	0.48	0.92	0.93	-0.9	0.91	0.86	0.94	0.91	0.84
Other Current Liab	0.07		0.19	0.01	0.19	-0.09	0.13	0.32	0.15	0.88	0.11	0.42	0.18	-0.03	-0.16	0.16	-0.22	0.13	0.3	0.21	-0.38	0.16	0.27	0.17	-0.13	-0.33
Total Current Liabilities	0.97	0.19		0.96	1.0	0.94	0.97	0.85	1.0	0.02	0.97	0.72	0.9	0.96	-0.47	0.97	0.82	0.51	0.89	0.92	-0.91	0.87	0.84	0.96	0.84	0.76
Total Stockholder Equity	1.0	0.01	0.96		0.96	0.99	0.96	0.72	0.96	-0.13	0.99	0.67	0.89	0.99	-0.43	0.98	0.89	0.47	0.9	0.92	-0.86	0.91	0.85	0.94	0.92	0.86
Accounts Payable	0.96	0.19	1.0	0.96		0.93	0.97	0.85	0.99	0.02	0.96	0.71	0.9	0.96	-0.46	0.97	0.82	0.51	0.88	0.92	-0.9	0.87	0.85	0.96	0.84	0.76
Cash	0.98	-0.09	0.94	0.99	0.93		0.94	0.71	0.94	-0.23	0.97	0.61	0.85	0.99	-0.43	0.96	0.91	0.44	0.86	0.89	-0.82	0.87	0.8	0.91	0.92	0.88
Other Assets	0.96	0.13	0.97	0.96	0.97	0.94		0.76	0.97	-0.01	0.96	0.75	0.91	0.96	-0.3	0.94	0.88	0.63	0.87	0.91	-0.86	0.88	0.81	0.92	0.85	0.79
Net Receivables	0.75	0.32	0.85	0.72	0.85	0.71	0.76		0.86	0.25	0.77	0.65	0.71	0.72	-0.43	0.8	0.48	0.48	0.71	0.7	-0.83	0.58	0.67	0.77	0.56	0.44
Inventory	0.96	0.15	1.0	0.96	0.99	0.94	0.97	0.86		0.02	0.96	0.72	0.91	0.96	-0.43	0.97	0.82	0.55	0.87	0.91	-0.9	0.86	0.85	0.95	0.84	0.76
Other Current Assets	-0.07	0.88	0.02	-0.13	0.02	-0.23	-0.01	0.25	0.02		-0.02	0.35	0.04	-0.18	0.11	0.0	-0.35	0.16	0.15	0.04	-0.26	-0.03	0.16	0.0	-0.25	-0.47
Total Liab	1.0	0.11	0.97	0.99	0.96	0.97	0.96	0.77	0.96	-0.02		0.73	0.89	0.97	-0.42	0.99	0.84	0.49	0.93	0.93	-0.92	0.9	0.86	0.94	0.89	0.81
Common Stock	0.7	0.42	0.72	0.67	0.71	0.61	0.75	0.65	0.72	0.35	0.73		0.73	0.63	-0.05	0.72	0.49	0.65	0.82	0.8	-0.79	0.76	0.81	0.78	0.68	0.43
Property Plant Equipment	0.89	0.18	0.9	0.89	0.9	0.85	0.91	0.71	0.91	0.04	0.89	0.73		0.9	-0.24	0.89	0.74	0.69	0.8	0.83	-0.76	0.82	0.77	0.83	0.77	0.74
Retained Earnings	0.98	-0.03	0.96	0.99	0.96	0.99	0.96	0.72	0.96	-0.18	0.97	0.63	0.9		-0.43	0.96	0.91	0.47	0.86	0.91	-0.83	0.9	0.83	0.93	0.92	0.87
Long Term Debt	-0.43	-0.16	-0.47	-0.43	-0.46	-0.43	-0.3	-0.43	-0.43	0.11	-0.42	-0.05	-0.24	-0.43		-0.49	-0.25	0.39	-0.46	-0.47	0.51	-0.43	-0.43	-0.49	-0.37	-0.33
Intangible Assets	0.99	0.16	0.97	0.98	0.97	0.96	0.94	0.8	0.97	0.0	0.99	0.72	0.89	0.96	-0.49		0.8	0.45	0.94	0.93	-0.93	0.9	0.87	0.95	0.87	0.8
Other Liab	0.87	-0.22	0.82	0.89	0.82	0.91	0.88	0.48	0.82	-0.35	0.84	0.49	0.74	0.91	-0.25	0.8		0.46	0.7	0.79	-0.63	0.79	0.67	0.8	0.87	0.81
Short Term Investments	0.48	0.13	0.51	0.47	0.51	0.44	0.63	0.48	0.55	0.16	0.49	0.65	0.69	0.47	0.39	0.45	0.46		0.34	0.36	-0.36	0.33	0.32	0.38	0.33	0.34
Good Will	0.92	0.3	0.89	0.9	0.88	0.86	0.87	0.71	0.87	0.15	0.93	0.82	0.8	0.86	-0.46	0.94	0.7	0.34		0.97	-0.95	0.95	0.95	0.95	0.87	0.69
Net Tangible Assets	0.93	0.21	0.92	0.92	0.92	0.89	0.91	0.7	0.91	0.04	0.93	0.8	0.83	0.91	-0.47	0.93	0.79	0.36	0.97		-0.91	0.98	0.96	0.99	0.93	0.75
Other Stockholder Equity	-0.9	-0.38	-0.91	-0.86	-0.9	-0.82	-0.86	-0.83	-0.9	-0.26	-0.92	-0.79	-0.76	-0.83	0.51	-0.93	-0.63	-0.36	-0.95	-0.91		-0.84	-0.89	-0.91	-0.77	-0.6
Deferred Long Term Liab	0.91	0.16	0.87	0.91	0.87	0.87	0.88	0.58	0.86	-0.03	0.9	0.76	0.82	0.9	-0.43	0.9	0.79	0.33	0.95	0.98	-0.84		0.94	0.95	0.95	0.79
Long Term Investments	0.86	0.27	0.84	0.85	0.85	0.8	0.81	0.67	0.85	0.16	0.86	0.81	0.77	0.83	-0.43	0.87	0.67	0.32	0.95	0.96	-0.89	0.94		0.93	0.88	0.66
Total Current Assets	0.94	0.17	0.96	0.94	0.96	0.91	0.92	0.77	0.95	0.0	0.94	0.78	0.83	0.93	-0.49	0.95	0.8	0.38	0.95	0.99	-0.91	0.95	0.93		0.93	0.76
Non Current Assets Total	0.91	-0.13	0.84	0.92	0.84	0.92	0.85	0.56	0.84	-0.25	0.89	0.68	0.77	0.92	-0.37	0.87	0.87	0.33	0.87	0.93	-0.77	0.95	0.88	0.93		0.86
Non Currrent Assets Other	0.84	-0.33	0.76	0.86	0.76	0.88	0.79	0.44	0.76	-0.47	0.81	0.43	0.74	0.87	-0.33	0.8	0.81	0.34	0.69	0.75	-0.6	0.79	0.66	0.76	0.86

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China National Account Relationship Matchups

China National fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	24.9B	27.5B	29.6B	32.5B	37.3B	39.2B
Other Current Liab	1.2B	1.5B	1.0M	1.2M	1.4M	1.3M
Total Current Liabilities	11.2B	12.7B	12.7B	13.9B	16.0B	16.8B
Total Stockholder Equity	11.4B	12.8B	14.2B	15.8B	18.1B	19.0B
Accounts Payable	9.0B	10.1B	9.9B	10.9B	12.6B	13.2B
Cash	6.2B	7.3B	8.9B	10.9B	12.6B	13.2B
Other Assets	242.6M	283.9M	299.0M	345.4M	397.2M	417.1M
Net Receivables	5.4B	5.7B	5.7B	9.0B	10.3B	10.8B
Inventory	3.0B	3.5B	3.7B	4.0B	4.6B	4.8B
Other Current Assets	198.6M	280.6M	14.5M	8.7M	10.0M	9.5M
Total Liab	11.8B	13.1B	13.7B	14.9B	17.2B	18.0B
Property Plant Equipment	628.5M	832.7M	895.7M	845.1M	971.8M	1.0B
Retained Earnings	8.3B	9.7B	10.5B	12.0B	13.8B	14.5B
Intangible Assets	330.4M	326.2M	330.9M	386.1M	444.0M	466.2M
Other Liab	233.2M	265.0M	313.7M	718.4M	826.2M	867.5M
Net Tangible Assets	8.8B	10.1B	11.0B	12.3B	14.2B	9.2B
Other Stockholder Equity	15.9M	22.5M	27.7M	24.9M	22.4M	25.5M
Deferred Long Term Liab	56.8M	71.8M	90.3M	89.6M	103.0M	68.2M
Total Current Assets	22.1B	24.5B	25.8B	28.3B	32.5B	22.0B
Non Current Assets Total	2.8B	3.0B	3.8B	4.2B	4.8B	3.0B
Non Currrent Assets Other	674.8M	139.6M	686.7M	686.0M	789.0M	828.4M
Non Current Liabilities Total	573.8M	491.1M	1.0B	1.0B	1.2B	1.2B
Non Current Liabilities Other	178.1M	226.6M	215.2M	747.1M	859.2M	902.2M
Net Invested Capital	11.9B	13.2B	14.5B	16.0B	18.5B	13.5B
Short Long Term Debt	471.8M	428.8M	252.1M	268.4M	241.5M	456.0M
Net Working Capital	10.9B	11.8B	13.0B	14.4B	16.5B	12.1B
Property Plant And Equipment Net	895.7M	845.1M	857.9M	827.0M	744.3M	681.4M
Capital Lease Obligations	260.1M	197.3M	182.6M	205.1M	184.6M	161.9M
Property Plant And Equipment Gross	1.3B	1.4B	1.4B	827.0M	744.3M	992.3M

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

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China Investments vs Change In Cash Analysis

Investments vs Change In Cash

Investments vs Change In Cash Correlation Analysis

Correlation Coefficient

Investments

Change In Cash

China National fundamental ratios Correlations

China National Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China National fundamental ratios Accounts

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Other Information on Investing in China Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Inventory	+ 1.0	Total Current Liabilities
Intangible Assets	+ 0.99	Total Assets
Cash	+ 0.99	Total Stockholder Equity

Other Stockholder Equity	- 0.95	Good Will
Other Stockholder Equity	- 0.93	Intangible Assets
Other Stockholder Equity	- 0.92	Total Liab
Total Current Assets	- 0.91	Other Stockholder Equity
Other Stockholder Equity	- 0.91	Net Tangible Assets
Other Stockholder Equity	- 0.91	Total Current Liabilities