Caitong Property Plant Equipment vs Property Plant And Equipment Net Analysis

601108 Stock   8.32  0.04  0.48%   
Caitong Securities financial indicator trend analysis is way more than just evaluating Caitong Securities prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Caitong Securities is a good investment. Please check the relationship between Caitong Securities Property Plant Equipment and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caitong Securities Co. 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.

Property Plant Equipment vs Property Plant And Equipment Net

Property Plant Equipment vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caitong Securities Property Plant Equipment account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Caitong Securities' Property Plant Equipment and Property Plant And Equipment Net is 0.94. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Caitong Securities Co, assuming nothing else is changed. The correlation between historical values of Caitong Securities' Property Plant Equipment and Property Plant And Equipment Net 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 Caitong Securities Co are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Property Plant Equipment i.e., Caitong Securities' Property Plant Equipment and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Caitong Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caitong Securities 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 Caitong Securities Co. 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 1.7 B, whereas Tax Provision is forecasted to decline to about 334.3 M.
 2023 2024 (projected)
Operating Income3.2B2.4B
Total Revenue6.0B5.0B

Caitong Securities fundamental ratios Correlations

0.93-0.260.760.850.490.470.710.990.60.840.720.560.780.640.850.870.860.75-0.510.840.860.710.720.720.76
0.93-0.560.850.840.250.470.590.880.460.870.670.560.880.640.790.940.840.72-0.630.860.810.710.720.720.71
-0.26-0.56-0.65-0.550.35-0.240.13-0.180.23-0.36-0.35-0.31-0.58-0.36-0.38-0.62-0.45-0.40.49-0.54-0.41-0.33-0.31-0.36-0.38
0.760.85-0.650.78-0.020.230.540.720.410.820.480.260.90.540.630.830.710.53-0.580.790.660.330.320.380.56
0.850.84-0.550.780.430.560.380.830.30.650.860.70.680.70.870.890.910.88-0.50.920.890.750.690.80.84
0.490.250.35-0.020.430.410.220.550.30.120.730.54-0.080.280.560.30.460.69-0.140.290.530.610.540.490.71
0.470.47-0.240.230.560.410.190.460.110.360.710.910.310.380.530.580.520.71-0.350.530.550.730.720.710.49
0.710.590.130.540.380.220.190.720.890.840.190.180.710.230.260.380.290.25-0.280.340.270.220.220.240.23
0.990.88-0.180.720.830.550.460.720.620.80.720.540.730.620.850.820.850.74-0.470.810.850.690.70.70.76
0.60.460.230.410.30.30.110.890.620.770.150.120.50.190.180.270.220.19-0.190.260.20.140.120.160.18
0.840.87-0.360.820.650.120.360.840.80.770.410.380.90.450.510.730.570.48-0.540.650.530.430.430.460.45
0.720.67-0.350.480.860.730.710.190.720.150.410.850.390.530.840.790.810.99-0.510.720.840.870.790.810.94
0.560.56-0.310.260.70.540.910.180.540.120.380.850.340.420.610.650.60.85-0.410.590.620.890.830.880.65
0.780.88-0.580.90.68-0.080.310.710.730.50.90.390.340.460.520.760.590.47-0.570.680.550.420.430.440.46
0.640.64-0.360.540.70.280.380.230.620.190.450.530.420.460.70.70.780.570.060.80.710.510.530.580.57
0.850.79-0.380.630.870.560.530.260.850.180.510.840.610.520.70.870.980.84-0.40.861.00.770.80.760.87
0.870.94-0.620.830.890.30.580.380.820.270.730.790.650.760.70.870.910.81-0.620.930.890.730.730.750.78
0.860.84-0.450.710.910.460.520.290.850.220.570.810.60.590.780.980.910.81-0.380.930.990.740.760.770.82
0.750.72-0.40.530.880.690.710.250.740.190.480.990.850.470.570.840.810.81-0.520.740.840.880.80.810.95
-0.51-0.630.49-0.58-0.5-0.14-0.35-0.28-0.47-0.19-0.54-0.51-0.41-0.570.06-0.4-0.62-0.38-0.52-0.46-0.41-0.46-0.42-0.39-0.51
0.840.86-0.540.790.920.290.530.340.810.260.650.720.590.680.80.860.930.930.74-0.460.890.660.670.760.7
0.860.81-0.410.660.890.530.550.270.850.20.530.840.620.550.711.00.890.990.84-0.410.890.770.80.770.85
0.710.71-0.330.330.750.610.730.220.690.140.430.870.890.420.510.770.730.740.88-0.460.660.770.970.940.81
0.720.72-0.310.320.690.540.720.220.70.120.430.790.830.430.530.80.730.760.8-0.420.670.80.970.920.74
0.720.72-0.360.380.80.490.710.240.70.160.460.810.880.440.580.760.750.770.81-0.390.760.770.940.920.69
0.760.71-0.380.560.840.710.490.230.760.180.450.940.650.460.570.870.780.820.95-0.510.70.850.810.740.69
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Caitong Securities Account Relationship Matchups

Caitong Securities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets65.0B96.7B110.4B125.7B133.8B80.6B
Total Stockholder Equity21.3B23.4B25.2B33.0B34.6B20.3B
Other Liab460.7M614.3M1.9B1.5B1.4B1.3B
Retained Earnings8.9B10.5B12.4B7.7B8.6B7.2B
Cash13.2B40.5B42.8B42.6B44.1B46.3B
Other Assets802.9M434.3M1.5B12.5B11.3B11.8B
Total Liab43.6B73.2B85.2B92.7B99.1B59.8B
Intangible Assets339.3M384.8M368.4M340.2M337.6M374.8M
Property Plant Equipment191.7M311.1M337.2M963.4M1.1B1.2B
Accounts Payable102.9M121.6M96.3M802.6M1.5B1.6B
Other Current Liab63.7M149.0M614.6M530.7M610.4M415.1M
Total Current Liabilities21.4B34.6B50.0B62.7B72.1B40.8B
Net Tangible Assets19.3B21.0B23.1B24.8B28.6B22.7B
Net Receivables7.9B13.0B20.2B21.4B24.6B15.4B
Other Current Assets2.6B3.2B4.8B19.1B21.9B23.0B
Other Stockholder Equity(35.8M)605.0M1.0B558.7M502.8M606.5M
Deferred Long Term Liab80.9M75.7M124.5M107.7M123.9M99.5M
Total Current Assets36.6B52.2B74.0B85.0B97.8B60.9B
Net Invested Capital21.3B23.4B25.2B68.7B79.3B40.6B

Currently Active Assets on Macroaxis

Other Information on Investing in Caitong Stock

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