Chengdu Property Plant Equipment vs Long Term Investments Analysis

600880 Stock

5.03 0.01 0.20%

Chengdu B-ray 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-ray Property Plant Equipment and its Long Term Investments 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.

Property Plant Equipment vs Long Term Investments

Property Plant Equipment vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chengdu B ray Property Plant Equipment account and Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Chengdu B-ray's Property Plant Equipment and Long Term Investments is -0.62. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Investments 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-ray's Property Plant Equipment and Long Term 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 Property Plant Equipment of Chengdu B ray Media are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Property Plant Equipment i.e., Chengdu B-ray's Property Plant Equipment and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

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Property Plant Equipment

Long Term Investments

Long Term Investments is an item on the asset side of Chengdu B-ray balance sheet that represents investments Chengdu B ray intends to hold for over a year. Chengdu B ray Media long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from Chengdu B-ray'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-ray'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 Expenses	3.2M	3.0M
Gross Profit	257.6M	211.0M

Other Operating Expenses Gross Profit

Chengdu B-ray fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	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		0.33	0.63	0.98	0.75	0.42	0.7	0.51	-0.58	0.55	0.67	-0.3	0.28	0.74	0.37	0.77	0.34	0.67	0.54	0.11	0.21	-0.1	0.2	-0.13	0.16	0.26
Other Current Liab	0.33		0.1	0.3	0.64	0.26	0.57	0.0	-0.67	-0.32	-0.01	0.03	0.1	0.17	0.31	-0.03	0.66	0.21	0.7	-0.68	-0.54	0.6	-0.53	0.56	0.43	-0.46
Total Current Liabilities	0.63	0.1		0.49	0.22	0.86	0.24	0.64	-0.09	0.46	0.47	0.43	-0.37	0.94	0.06	0.31	0.35	0.27	0.38	0.21	0.03	-0.39	-0.03	-0.08	0.36	0.44
Total Stockholder Equity	0.98	0.3	0.49		0.78	0.27	0.7	0.44	-0.63	0.5	0.68	-0.46	0.44	0.58	0.29	0.85	0.25	0.6	0.49	0.14	0.33	-0.07	0.33	-0.22	0.06	0.25
Retained Earnings	0.75	0.64	0.22	0.78		0.25	0.76	0.06	-0.75	0.22	0.44	-0.34	0.44	0.29	0.47	0.49	0.6	0.35	0.84	-0.32	-0.14	0.39	-0.09	0.22	0.34	-0.13
Accounts Payable	0.42	0.26	0.86	0.27	0.25		0.26	0.34	-0.07	0.24	0.25	0.67	-0.41	0.78	0.18	0.02	0.61	0.08	0.56	-0.06	-0.3	0.0	-0.34	0.28	0.51	0.08
Cash	0.7	0.57	0.24	0.7	0.76	0.26		0.15	-0.78	0.2	0.49	-0.31	0.17	0.37	0.5	0.48	0.58	0.5	0.59	-0.25	-0.22	0.39	-0.2	0.28	0.03	-0.38
Other Assets	0.51	0.0	0.64	0.44	0.06	0.34	0.15		-0.22	0.46	0.71	0.01	0.02	0.66	-0.28	0.28	0.15	0.41	0.06	0.47	0.33	-0.52	0.32	-0.45	-0.22	0.42
Long Term Debt	-0.58	-0.67	-0.09	-0.63	-0.75	-0.07	-0.78	-0.22		0.06	-0.53	0.35	-0.37	-0.14	-0.24	-0.46	-0.58	-0.23	-0.61	0.27	0.05	-0.35	0.01	-0.12	0.06	0.29
Net Receivables	0.55	-0.32	0.46	0.5	0.22	0.24	0.2	0.46	0.06		0.61	-0.21	0.09	0.55	0.28	0.4	0.05	0.51	0.08	0.49	0.24	-0.5	0.27	-0.32	-0.15	0.41
Short Term Investments	0.67	-0.01	0.47	0.68	0.44	0.25	0.49	0.71	-0.53	0.61		-0.29	0.3	0.49	0.06	0.63	0.27	0.33	0.22	0.52	0.43	-0.42	0.46	-0.52	-0.41	0.32
Inventory	-0.3	0.03	0.43	-0.46	-0.34	0.67	-0.31	0.01	0.35	-0.21	-0.29		-0.67	0.3	-0.01	-0.58	0.38	-0.32	0.17	-0.16	-0.48	-0.01	-0.53	0.39	0.49	-0.02
Other Current Assets	0.28	0.1	-0.37	0.44	0.44	-0.41	0.17	0.02	-0.37	0.09	0.3	-0.67		-0.27	-0.05	0.45	-0.12	0.19	0.09	0.2	0.45	0.09	0.53	-0.34	-0.3	0.12
Total Liab	0.74	0.17	0.94	0.58	0.29	0.78	0.37	0.66	-0.14	0.55	0.49	0.3	-0.27		0.28	0.34	0.37	0.58	0.39	0.17	-0.01	-0.32	-0.07	-0.03	0.33	0.37
Intangible Assets	0.37	0.31	0.06	0.29	0.47	0.18	0.5	-0.28	-0.24	0.28	0.06	-0.01	-0.05	0.28		0.12	0.41	0.53	0.41	-0.32	-0.42	0.27	-0.42	0.4	0.3	-0.24
Common Stock	0.77	-0.03	0.31	0.85	0.49	0.02	0.48	0.28	-0.46	0.4	0.63	-0.58	0.45	0.34	0.12		-0.17	0.38	0.07	0.4	0.65	-0.3	0.63	-0.52	-0.25	0.39
Property Plant Equipment	0.34	0.66	0.35	0.25	0.6	0.61	0.58	0.15	-0.58	0.05	0.27	0.38	-0.12	0.37	0.41	-0.17		0.09	0.86	-0.46	-0.66	0.47	-0.62	0.61	0.41	-0.44
Other Liab	0.67	0.21	0.27	0.6	0.35	0.08	0.5	0.41	-0.23	0.51	0.33	-0.32	0.19	0.58	0.53	0.38	0.09		0.14	0.06	0.07	-0.06	0.05	-0.05	0.0	0.08
Good Will	0.54	0.7	0.38	0.49	0.84	0.56	0.59	0.06	-0.61	0.08	0.22	0.17	0.09	0.39	0.41	0.07	0.86	0.14		-0.54	-0.49	0.47	-0.44	0.53	0.65	-0.2
Net Tangible Assets	0.11	-0.68	0.21	0.14	-0.32	-0.06	-0.25	0.47	0.27	0.49	0.52	-0.16	0.2	0.17	-0.32	0.4	-0.46	0.06	-0.54		0.72	-0.73	0.72	-0.8	-0.63	0.6
Other Stockholder Equity	0.21	-0.54	0.03	0.33	-0.14	-0.3	-0.22	0.33	0.05	0.24	0.43	-0.48	0.45	-0.01	-0.42	0.65	-0.66	0.07	-0.49	0.72		-0.63	0.99	-0.93	-0.53	0.64
Deferred Long Term Liab	-0.1	0.6	-0.39	-0.07	0.39	0.0	0.39	-0.52	-0.35	-0.5	-0.42	-0.01	0.09	-0.32	0.27	-0.3	0.47	-0.06	0.47	-0.73	-0.63		-0.58	0.79	0.31	-0.84
Long Term Investments	0.2	-0.53	-0.03	0.33	-0.09	-0.34	-0.2	0.32	0.01	0.27	0.46	-0.53	0.53	-0.07	-0.42	0.63	-0.62	0.05	-0.44	0.72	0.99	-0.58		-0.93	-0.56	0.62
Total Current Assets	-0.13	0.56	-0.08	-0.22	0.22	0.28	0.28	-0.45	-0.12	-0.32	-0.52	0.39	-0.34	-0.03	0.4	-0.52	0.61	-0.05	0.53	-0.8	-0.93	0.79	-0.93		0.58	-0.72
Non Current Assets Total	0.16	0.43	0.36	0.06	0.34	0.51	0.03	-0.22	0.06	-0.15	-0.41	0.49	-0.3	0.33	0.3	-0.25	0.41	0.0	0.65	-0.63	-0.53	0.31	-0.56	0.58		0.03
Non Currrent Assets Other	0.26	-0.46	0.44	0.25	-0.13	0.08	-0.38	0.42	0.29	0.41	0.32	-0.02	0.12	0.37	-0.24	0.39	-0.44	0.08	-0.2	0.6	0.64	-0.84	0.62	-0.72	0.03

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Chengdu B-ray Account Relationship Matchups

Chengdu B-ray fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.6B	3.8B	3.9B	4.0B	4.6B	2.8B
Other Current Liab	248.6M	339.7M	936.6K	1.4M	1.7M	1.6M
Total Current Liabilities	409.1M	505.9M	543.5M	626.7M	720.7M	428.7M
Total Stockholder Equity	2.9B	3.0B	3.0B	3.0B	3.5B	2.2B
Retained Earnings	1.0B	1.0B	685.7M	706.2M	812.2M	789.8M
Accounts Payable	101.0M	91.6M	82.2M	155.2M	178.5M	96.9M
Cash	839.8M	571.3M	643.9M	487.6M	560.8M	596.3M
Other Assets	1.1B	1.2B	1.3B	1.6B	1.9B	2.0B
Net Receivables	195.4M	197.2M	329.5M	413.4M	475.4M	499.1M
Inventory	8.0M	24.8M	25.6M	33.9M	38.9M	25.0M
Other Current Assets	61.3M	61.4M	4.1M	55.2M	63.4M	57.7M
Total Liab	511.1M	608.7M	656.5M	759.3M	873.2M	510.6M
Intangible Assets	50.8M	46.0M	45.0M	37.6M	43.3M	41.1M
Property Plant Equipment	249.3M	229.1M	225.7M	203.9M	234.4M	408.2M
Other Liab	88.8M	93.1M	100.0M	102.2M	117.6M	66.5M
Net Tangible Assets	2.6B	2.5B	2.5B	2.5B	2.9B	2.7B
Deferred Long Term Liab	14.9M	23.6M	25.7M	1.5M	1.4M	1.3M
Total Current Assets	1.2B	909.8M	1.1B	1.1B	975.6M	931.0M
Non Current Assets Total	2.4B	2.9B	2.8B	2.9B	2.6B	2.1B
Non Currrent Assets Other	49.8M	434.2M	445.2M	458.1M	526.8M	267.4M
Non Current Liabilities Total	102.8M	102.8M	113.0M	132.6M	152.5M	109.9M
Non Current Liabilities Other	884.5K	1.2M	1.1M	1.8M	2.0M	1.2M
Net Invested Capital	2.9B	3.0B	3.1B	3.1B	2.8B	2.5B
Net Working Capital	747.1M	403.9M	533.7M	457.4M	411.6M	546.2M
Property Plant And Equipment Net	225.7M	203.9M	196.2M	189.6M	170.6M	167.1M
Property Plant And Equipment Gross	487.4M	443.9M	196.2M	423.1M	380.8M	322.8M

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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-ray Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chengdu B-ray 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.

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Chengdu Property Plant Equipment vs Long Term Investments Analysis

Property Plant Equipment vs Long Term Investments

Property Plant Equipment vs Long Term Investments Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Long Term Investments

Chengdu B-ray fundamental ratios Correlations

Chengdu B-ray Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chengdu B-ray fundamental ratios Accounts

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Other Information on Investing in Chengdu Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Investments	+ 0.99	Other Stockholder Equity
Total Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.94	Total Current Liabilities
Accounts Payable	+ 0.86	Total Current Liabilities
Good Will	+ 0.86	Property Plant Equipment
Common Stock	+ 0.85	Total Stockholder Equity

Total Current Assets	- 0.93	Long Term Investments
Total Current Assets	- 0.93	Other Stockholder Equity
Non Currrent Assets Other	- 0.84	Deferred Long Term Liab
Total Current Assets	- 0.8	Net Tangible Assets
Long Term Debt	- 0.78	Cash
Long Term Debt	- 0.75	Retained Earnings