Chengdu Other Assets vs Property Plant Equipment Analysis

600880 Stock   5.30  0.03  0.57%   
Chengdu B financial indicator trend analysis is way more than just evaluating Chengdu B ray prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chengdu B ray is a good investment. Please check the relationship between Chengdu B Other Assets and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chengdu B ray Media. 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.

Other Assets vs Property Plant Equipment

Other Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chengdu B ray Other Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Chengdu B's Other Assets and Property Plant Equipment is 0.15. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Chengdu B ray Media, assuming nothing else is changed. The correlation between historical values of Chengdu B's Other Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Chengdu B ray Media are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Assets i.e., Chengdu B's Other Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Assets

Property Plant Equipment

Most indicators from Chengdu B's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chengdu B ray 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 Chengdu B ray Media. 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.
At present, Chengdu B's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 20.5 M, whereas Selling General Administrative is forecasted to decline to about 60.4 M.
 2024 2025 (projected)
Other Operating Expenses3.2M3.0M
Gross Profit257.6M211.0M

Chengdu B fundamental ratios Correlations

0.330.630.980.750.420.70.51-0.580.550.67-0.30.280.740.370.770.340.670.540.110.21-0.10.2-0.130.160.26
0.330.10.30.640.260.570.0-0.67-0.32-0.010.030.10.170.31-0.030.660.210.7-0.68-0.540.6-0.530.560.43-0.46
0.630.10.490.220.860.240.64-0.090.460.470.43-0.370.940.060.310.350.270.380.210.03-0.39-0.03-0.080.360.44
0.980.30.490.780.270.70.44-0.630.50.68-0.460.440.580.290.850.250.60.490.140.33-0.070.33-0.220.060.25
0.750.640.220.780.250.760.06-0.750.220.44-0.340.440.290.470.490.60.350.84-0.32-0.140.39-0.090.220.34-0.13
0.420.260.860.270.250.260.34-0.070.240.250.67-0.410.780.180.020.610.080.56-0.06-0.30.0-0.340.280.510.08
0.70.570.240.70.760.260.15-0.780.20.49-0.310.170.370.50.480.580.50.59-0.25-0.220.39-0.20.280.03-0.38
0.510.00.640.440.060.340.15-0.220.460.710.010.020.66-0.280.280.150.410.060.470.33-0.520.32-0.45-0.220.42
-0.58-0.67-0.09-0.63-0.75-0.07-0.78-0.220.06-0.530.35-0.37-0.14-0.24-0.46-0.58-0.23-0.610.270.05-0.350.01-0.120.060.29
0.55-0.320.460.50.220.240.20.460.060.61-0.210.090.550.280.40.050.510.080.490.24-0.50.27-0.32-0.150.41
0.67-0.010.470.680.440.250.490.71-0.530.61-0.290.30.490.060.630.270.330.220.520.43-0.420.46-0.52-0.410.32
-0.30.030.43-0.46-0.340.67-0.310.010.35-0.21-0.29-0.670.3-0.01-0.580.38-0.320.17-0.16-0.48-0.01-0.530.390.49-0.02
0.280.1-0.370.440.44-0.410.170.02-0.370.090.3-0.67-0.27-0.050.45-0.120.190.090.20.450.090.53-0.34-0.30.12
0.740.170.940.580.290.780.370.66-0.140.550.490.3-0.270.280.340.370.580.390.17-0.01-0.32-0.07-0.030.330.37
0.370.310.060.290.470.180.5-0.28-0.240.280.06-0.01-0.050.280.120.410.530.41-0.32-0.420.27-0.420.40.3-0.24
0.77-0.030.310.850.490.020.480.28-0.460.40.63-0.580.450.340.12-0.170.380.070.40.65-0.30.63-0.52-0.250.39
0.340.660.350.250.60.610.580.15-0.580.050.270.38-0.120.370.41-0.170.090.86-0.46-0.660.47-0.620.610.41-0.44
0.670.210.270.60.350.080.50.41-0.230.510.33-0.320.190.580.530.380.090.140.060.07-0.060.05-0.050.00.08
0.540.70.380.490.840.560.590.06-0.610.080.220.170.090.390.410.070.860.14-0.54-0.490.47-0.440.530.65-0.2
0.11-0.680.210.14-0.32-0.06-0.250.470.270.490.52-0.160.20.17-0.320.4-0.460.06-0.540.72-0.730.72-0.8-0.630.6
0.21-0.540.030.33-0.14-0.3-0.220.330.050.240.43-0.480.45-0.01-0.420.65-0.660.07-0.490.72-0.630.99-0.93-0.530.64
-0.10.6-0.39-0.070.390.00.39-0.52-0.35-0.5-0.42-0.010.09-0.320.27-0.30.47-0.060.47-0.73-0.63-0.580.790.31-0.84
0.2-0.53-0.030.33-0.09-0.34-0.20.320.010.270.46-0.530.53-0.07-0.420.63-0.620.05-0.440.720.99-0.58-0.93-0.560.62
-0.130.56-0.08-0.220.220.280.28-0.45-0.12-0.32-0.520.39-0.34-0.030.4-0.520.61-0.050.53-0.8-0.930.79-0.930.58-0.72
0.160.430.360.060.340.510.03-0.220.06-0.15-0.410.49-0.30.330.3-0.250.410.00.65-0.63-0.530.31-0.560.580.03
0.26-0.460.440.25-0.130.08-0.380.420.290.410.32-0.020.120.37-0.240.39-0.440.08-0.20.60.64-0.840.62-0.720.03
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Chengdu B Account Relationship Matchups

Chengdu B fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.6B3.8B3.9B4.0B4.6B2.8B
Other Current Liab248.6M339.7M936.6K1.4M1.7M1.6M
Total Current Liabilities409.1M505.9M543.5M626.7M720.7M428.7M
Total Stockholder Equity2.9B3.0B3.0B3.0B3.5B2.2B
Retained Earnings1.0B1.0B685.7M706.2M812.2M789.8M
Accounts Payable101.0M91.6M82.2M155.2M178.5M96.9M
Cash839.8M571.3M643.9M487.6M560.8M596.3M
Other Assets1.1B1.2B1.3B1.6B1.9B2.0B
Net Receivables195.4M197.2M329.5M413.4M475.4M499.1M
Inventory8.0M24.8M25.6M33.9M38.9M25.0M
Other Current Assets61.3M61.4M4.1M55.2M63.4M57.7M
Total Liab511.1M608.7M656.5M759.3M873.2M510.6M
Intangible Assets50.8M46.0M45.0M37.6M43.3M41.1M
Property Plant Equipment249.3M229.1M225.7M203.9M234.4M408.2M
Other Liab88.8M93.1M100.0M102.2M117.6M66.5M
Net Tangible Assets2.6B2.5B2.5B2.5B2.9B2.7B
Deferred Long Term Liab14.9M23.6M25.7M1.5M1.4M1.3M
Total Current Assets1.2B909.8M1.1B1.1B975.6M931.0M
Non Current Assets Total2.4B2.9B2.8B2.9B2.6B2.1B
Non Currrent Assets Other49.8M434.2M445.2M458.1M526.8M267.4M
Non Current Liabilities Total102.8M102.8M113.0M132.6M152.5M109.9M
Non Current Liabilities Other884.5K1.2M1.1M1.8M2.0M1.2M
Net Invested Capital2.9B3.0B3.1B3.1B2.8B2.5B
Net Working Capital747.1M403.9M533.7M457.4M411.6M546.2M
Property Plant And Equipment Net225.7M203.9M196.2M189.6M170.6M167.1M
Property Plant And Equipment Gross487.4M443.9M196.2M423.1M380.8M322.8M

Currently Active Assets on Macroaxis

Other Information on Investing in Chengdu Stock

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