Caitong Total Assets vs Other Stockholder Equity 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 Total Assets and its Other Stockholder Equity 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.

Total Assets vs Other Stockholder Equity

Total Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caitong Securities Total Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Caitong Securities' Total Assets and Other Stockholder Equity is -0.51. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity 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' Total Assets 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 Total Assets of Caitong Securities Co 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 Total Assets i.e., Caitong Securities' Total Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Caitong Securities assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Caitong Securities books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Stockholder Equity

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.