Lao Change To Inventory vs Investments Analysis

600612 Stock   52.37  2.80  5.08%   
Lao Feng financial indicator trend analysis is infinitely more than just investigating Lao Feng Xiang recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lao Feng Xiang is a good investment. Please check the relationship between Lao Feng Change To Inventory and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lao Feng Xiang. 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.

Change To Inventory vs Investments

Change To Inventory vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lao Feng Xiang Change To Inventory account and Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lao Feng's Change To Inventory and Investments is -0.57. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Investments in the same time period over historical financial statements of Lao Feng Xiang, assuming nothing else is changed. The correlation between historical values of Lao Feng's Change To Inventory and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Lao Feng Xiang are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change To Inventory i.e., Lao Feng's Change To Inventory and Investments go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Lao Feng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lao Feng Xiang 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 Lao Feng Xiang. 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.
The current year's Selling General Administrative is expected to grow to about 596.7 M, whereas Tax Provision is forecasted to decline to about 753.5 M.
 2022 2023 2024 2025 (projected)
Operating Income3.4B4.3B4.9B5.1B
Total Revenue63.0B71.4B82.2B86.3B

Lao Feng fundamental ratios Correlations

0.050.970.99-0.32-0.350.930.21-0.28-0.130.910.970.820.970.160.50.540.990.88-0.85-0.78-0.850.910.31-0.880.6
0.050.26-0.090.040.09-0.180.280.280.33-0.190.170.150.230.350.29-0.02-0.08-0.02-0.010.01-0.020.03-0.090.11-0.1
0.970.260.92-0.25-0.240.850.31-0.2-0.130.840.970.840.990.190.570.560.920.83-0.78-0.71-0.780.870.31-0.810.53
0.99-0.090.92-0.35-0.390.960.15-0.34-0.120.920.930.790.920.120.430.521.00.88-0.84-0.77-0.840.90.34-0.870.57
-0.320.04-0.25-0.350.46-0.350.660.210.14-0.38-0.29-0.31-0.26-0.240.15-0.03-0.39-0.410.410.360.41-0.41-0.10.4-0.31
-0.350.09-0.24-0.390.46-0.290.520.33-0.12-0.47-0.4-0.3-0.28-0.030.240.04-0.43-0.510.640.670.64-0.520.090.53-0.5
0.93-0.180.850.96-0.35-0.290.19-0.25-0.110.860.810.660.840.230.450.460.950.78-0.72-0.66-0.720.780.39-0.740.47
0.210.280.310.150.660.520.190.370.22-0.030.190.00.290.130.780.320.10.030.020.050.020.030.120.09-0.13
-0.280.28-0.2-0.340.210.33-0.250.370.24-0.29-0.24-0.56-0.170.490.48-0.38-0.35-0.440.190.040.19-0.45-0.530.340.05
-0.130.33-0.13-0.120.14-0.12-0.110.220.24-0.36-0.12-0.4-0.130.360.07-0.39-0.12-0.22-0.030.01-0.04-0.21-0.250.34-0.11
0.91-0.190.840.92-0.38-0.470.86-0.03-0.29-0.360.880.790.860.10.320.480.930.88-0.85-0.83-0.850.880.23-0.950.73
0.970.170.970.93-0.29-0.40.810.19-0.24-0.120.880.840.980.120.490.510.930.88-0.9-0.83-0.890.910.18-0.910.67
0.820.150.840.79-0.31-0.30.660.0-0.56-0.40.790.840.83-0.180.190.690.80.85-0.66-0.53-0.650.870.49-0.80.44
0.970.230.990.92-0.26-0.280.840.29-0.17-0.130.860.980.830.190.570.540.920.85-0.83-0.76-0.830.880.25-0.850.61
0.160.350.190.12-0.24-0.030.230.130.490.360.10.12-0.180.190.36-0.410.130.01-0.2-0.28-0.210.02-0.34-0.030.17
0.50.290.570.430.150.240.450.780.480.070.320.490.190.570.360.420.40.39-0.35-0.33-0.350.380.09-0.280.23
0.54-0.020.560.52-0.030.040.460.32-0.38-0.390.480.510.690.54-0.410.420.510.69-0.3-0.13-0.30.660.78-0.460.14
0.99-0.080.921.0-0.39-0.430.950.1-0.35-0.120.930.930.80.920.130.40.510.9-0.86-0.79-0.860.910.32-0.890.6
0.88-0.020.830.88-0.41-0.510.780.03-0.44-0.220.880.880.850.850.010.390.690.9-0.84-0.72-0.840.990.42-0.90.59
-0.85-0.01-0.78-0.840.410.64-0.720.020.19-0.03-0.85-0.9-0.66-0.83-0.2-0.35-0.3-0.86-0.840.961.0-0.860.070.9-0.84
-0.780.01-0.71-0.770.360.67-0.660.050.040.01-0.83-0.83-0.53-0.76-0.28-0.33-0.13-0.79-0.720.960.96-0.740.230.87-0.87
-0.85-0.02-0.78-0.840.410.64-0.720.020.19-0.04-0.85-0.89-0.65-0.83-0.21-0.35-0.3-0.86-0.841.00.96-0.850.070.9-0.83
0.910.030.870.9-0.41-0.520.780.03-0.45-0.210.880.910.870.880.020.380.660.910.99-0.86-0.74-0.850.4-0.910.6
0.31-0.090.310.34-0.10.090.390.12-0.53-0.250.230.180.490.25-0.340.090.780.320.420.070.230.070.4-0.11-0.29
-0.880.11-0.81-0.870.40.53-0.740.090.340.34-0.95-0.91-0.8-0.85-0.03-0.28-0.46-0.89-0.90.90.870.9-0.91-0.11-0.76
0.6-0.10.530.57-0.31-0.50.47-0.130.05-0.110.730.670.440.610.170.230.140.60.59-0.84-0.87-0.830.6-0.29-0.76
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Lao Feng Account Relationship Matchups

Lao Feng fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets19.6B22.3B26.0B24.3B28.0B29.4B
Other Current Liab1.4B1.3B4.4B43.3M49.8M47.3M
Total Current Liabilities9.2B10.1B13.5B10.1B11.6B12.2B
Total Stockholder Equity8.0B9.2B10.1B11.6B13.3B14.0B
Other Liab93.2M79.2M56.4M54.1M62.2M71.0M
Accounts Payable480.5M524.1M815.0M503.6M579.1M734.3M
Cash5.6B7.0B5.6B9.3B10.7B11.3B
Other Assets324.6M334.6M333.6M379.9M436.9M332.6M
Net Receivables150.1M177.3M442.2M315.3M362.6M363.6M
Short Term Investments294.9M352.9M231.1M294.7M338.9M355.8M
Inventory11.9B12.5B16.8B12.3B14.2B14.9B
Other Current Assets656.8M862.2M1.3B704.9M810.6M851.2M
Total Liab10.1B11.4B14.0B10.6B12.2B12.8B
Intangible Assets89.2M57.9M56.2M53.1M61.1M47.3M
Property Plant Equipment346.7M376.9M860.4M808.2M929.5M480.7M
Retained Earnings7.0B8.2B9.1B10.3B11.8B12.4B
Net Tangible Assets6.9B7.9B9.1B10.1B11.6B7.6B
Other Stockholder Equity(2.4M)1.9M5.7M796.0K716.4K680.6K
Deferred Long Term Liab42.4M45.6M50.0M63.5M57.1M49.8M
Total Current Assets18.8B21.0B24.7B23.0B26.5B18.9B
Non Current Assets Total811.6M1.3B1.3B1.3B1.5B1.2B
Non Current Liabilities Total979.2M1.3B560.3M516.2M593.6M803.4M
Short Long Term Debt6.3B7.7B6.9B5.6B6.5B6.5B
Net Invested Capital15.1B17.8B17.2B17.4B20.0B16.4B
Net Working Capital9.6B10.9B11.3B13.0B14.9B10.5B
Net Debt3.8B1.5B1.6B1.5B1.4B1.5B
Property Plant And Equipment Net376.9M860.4M808.2M794.9M914.2M701.2M
Property Plant And Equipment Gross716.1M1.2B808.2M1.2B1.4B1.0B

Currently Active Assets on Macroaxis

Other Information on Investing in Lao Stock

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