China Net Receivables vs Other Stockholder Equity 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 Net Receivables and its Other Stockholder Equity 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.

Net Receivables vs Other Stockholder Equity

Net Receivables vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China National Medicines Net Receivables account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between China National's Net Receivables and Other Stockholder Equity is -0.83. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Stockholder Equity 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 Net Receivables and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of China National Medicines are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Receivables i.e., China National's Net Receivables and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Receivables

Other Stockholder Equity

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 Income2.4B2.5B2.8B3.0B
Total Revenue45.5B49.7B57.2B60.0B

China National fundamental ratios Correlations

0.070.971.00.960.980.960.750.96-0.071.00.70.890.98-0.430.990.870.480.920.93-0.90.910.860.940.910.84
0.070.190.010.19-0.090.130.320.150.880.110.420.18-0.03-0.160.16-0.220.130.30.21-0.380.160.270.17-0.13-0.33
0.970.190.961.00.940.970.851.00.020.970.720.90.96-0.470.970.820.510.890.92-0.910.870.840.960.840.76
1.00.010.960.960.990.960.720.96-0.130.990.670.890.99-0.430.980.890.470.90.92-0.860.910.850.940.920.86
0.960.191.00.960.930.970.850.990.020.960.710.90.96-0.460.970.820.510.880.92-0.90.870.850.960.840.76
0.98-0.090.940.990.930.940.710.94-0.230.970.610.850.99-0.430.960.910.440.860.89-0.820.870.80.910.920.88
0.960.130.970.960.970.940.760.97-0.010.960.750.910.96-0.30.940.880.630.870.91-0.860.880.810.920.850.79
0.750.320.850.720.850.710.760.860.250.770.650.710.72-0.430.80.480.480.710.7-0.830.580.670.770.560.44
0.960.151.00.960.990.940.970.860.020.960.720.910.96-0.430.970.820.550.870.91-0.90.860.850.950.840.76
-0.070.880.02-0.130.02-0.23-0.010.250.02-0.020.350.04-0.180.110.0-0.350.160.150.04-0.26-0.030.160.0-0.25-0.47
1.00.110.970.990.960.970.960.770.96-0.020.730.890.97-0.420.990.840.490.930.93-0.920.90.860.940.890.81
0.70.420.720.670.710.610.750.650.720.350.730.730.63-0.050.720.490.650.820.8-0.790.760.810.780.680.43
0.890.180.90.890.90.850.910.710.910.040.890.730.9-0.240.890.740.690.80.83-0.760.820.770.830.770.74
0.98-0.030.960.990.960.990.960.720.96-0.180.970.630.9-0.430.960.910.470.860.91-0.830.90.830.930.920.87
-0.43-0.16-0.47-0.43-0.46-0.43-0.3-0.43-0.430.11-0.42-0.05-0.24-0.43-0.49-0.250.39-0.46-0.470.51-0.43-0.43-0.49-0.37-0.33
0.990.160.970.980.970.960.940.80.970.00.990.720.890.96-0.490.80.450.940.93-0.930.90.870.950.870.8
0.87-0.220.820.890.820.910.880.480.82-0.350.840.490.740.91-0.250.80.460.70.79-0.630.790.670.80.870.81
0.480.130.510.470.510.440.630.480.550.160.490.650.690.470.390.450.460.340.36-0.360.330.320.380.330.34
0.920.30.890.90.880.860.870.710.870.150.930.820.80.86-0.460.940.70.340.97-0.950.950.950.950.870.69
0.930.210.920.920.920.890.910.70.910.040.930.80.830.91-0.470.930.790.360.97-0.910.980.960.990.930.75
-0.9-0.38-0.91-0.86-0.9-0.82-0.86-0.83-0.9-0.26-0.92-0.79-0.76-0.830.51-0.93-0.63-0.36-0.95-0.91-0.84-0.89-0.91-0.77-0.6
0.910.160.870.910.870.870.880.580.86-0.030.90.760.820.9-0.430.90.790.330.950.98-0.840.940.950.950.79
0.860.270.840.850.850.80.810.670.850.160.860.810.770.83-0.430.870.670.320.950.96-0.890.940.930.880.66
0.940.170.960.940.960.910.920.770.950.00.940.780.830.93-0.490.950.80.380.950.99-0.910.950.930.930.76
0.91-0.130.840.920.840.920.850.560.84-0.250.890.680.770.92-0.370.870.870.330.870.93-0.770.950.880.930.86
0.84-0.330.760.860.760.880.790.440.76-0.470.810.430.740.87-0.330.80.810.340.690.75-0.60.790.660.760.86
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China National Account Relationship Matchups

China National fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets24.9B27.5B29.6B32.5B37.3B39.2B
Other Current Liab1.2B1.5B1.0M1.2M1.4M1.3M
Total Current Liabilities11.2B12.7B12.7B13.9B16.0B16.8B
Total Stockholder Equity11.4B12.8B14.2B15.8B18.1B19.0B
Accounts Payable9.0B10.1B9.9B10.9B12.6B13.2B
Cash6.2B7.3B8.9B10.9B12.6B13.2B
Other Assets242.6M283.9M299.0M345.4M397.2M417.1M
Net Receivables5.4B5.7B5.7B9.0B10.3B10.8B
Inventory3.0B3.5B3.7B4.0B4.6B4.8B
Other Current Assets198.6M280.6M14.5M8.7M10.0M9.5M
Total Liab11.8B13.1B13.7B14.9B17.2B18.0B
Property Plant Equipment628.5M832.7M895.7M845.1M971.8M1.0B
Retained Earnings8.3B9.7B10.5B12.0B13.8B14.5B
Intangible Assets330.4M326.2M330.9M386.1M444.0M466.2M
Other Liab233.2M265.0M313.7M718.4M826.2M867.5M
Net Tangible Assets8.8B10.1B11.0B12.3B14.2B9.2B
Other Stockholder Equity15.9M22.5M27.7M24.9M22.4M25.5M
Deferred Long Term Liab56.8M71.8M90.3M89.6M103.0M68.2M
Total Current Assets22.1B24.5B25.8B28.3B32.5B22.0B
Non Current Assets Total2.8B3.0B3.8B4.2B4.8B3.0B
Non Currrent Assets Other674.8M139.6M686.7M686.0M789.0M828.4M
Non Current Liabilities Total573.8M491.1M1.0B1.0B1.2B1.2B
Non Current Liabilities Other178.1M226.6M215.2M747.1M859.2M902.2M
Net Invested Capital11.9B13.2B14.5B16.0B18.5B13.5B
Short Long Term Debt471.8M428.8M252.1M268.4M241.5M456.0M
Net Working Capital10.9B11.8B13.0B14.4B16.5B12.1B
Property Plant And Equipment Net895.7M845.1M857.9M827.0M744.3M681.4M
Capital Lease Obligations260.1M197.3M182.6M205.1M184.6M161.9M
Property Plant And Equipment Gross1.3B1.4B1.4B827.0M744.3M992.3M

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Other Information on Investing in China Stock

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.