Guangzhou Deferred Long Term Liab vs Net Tangible Assets Analysis

601238 Stock   9.36  0.19  2.07%   
Guangzhou Automobile financial indicator trend analysis is much more than just examining Guangzhou Automobile latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Automobile is a good investment. Please check the relationship between Guangzhou Automobile Deferred Long Term Liab and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Automobile Group. 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.

Deferred Long Term Liab vs Net Tangible Assets

Deferred Long Term Liab vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Automobile Deferred Long Term Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guangzhou Automobile's Deferred Long Term Liab and Net Tangible Assets is 0.81. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Guangzhou Automobile Group, assuming nothing else is changed. The correlation between historical values of Guangzhou Automobile's Deferred Long Term Liab and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Guangzhou Automobile Group are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Deferred Long Term Liab i.e., Guangzhou Automobile's Deferred Long Term Liab and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Guangzhou Automobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Automobile 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 Guangzhou Automobile Group. 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.
As of December 25, 2024, Selling General Administrative is expected to decline to about 4.8 B. The current year's Tax Provision is expected to grow to about (204.7 M)
 2021 2022 2023 2024 (projected)
Income Before Tax7.2B7.5B3.5B5.9B
Cost Of Revenue69.3B101.8B119.9B125.9B

Guangzhou Automobile fundamental ratios Correlations

0.430.990.990.920.820.970.70.980.30.43-0.750.960.770.990.980.790.990.270.910.790.790.880.880.920.86
0.430.340.50.610.710.240.570.450.120.67-0.490.23-0.220.340.460.620.390.120.530.020.520.610.010.540.66
0.990.340.970.90.760.990.660.960.250.39-0.750.970.831.00.960.740.980.30.880.810.760.850.910.890.82
0.990.50.970.930.860.950.720.980.310.47-0.730.930.70.970.980.830.970.250.920.750.80.890.830.920.87
0.920.610.90.930.870.860.790.90.450.67-0.780.790.570.920.920.820.890.120.850.530.810.930.670.870.94
0.820.710.760.860.870.710.750.850.410.59-0.620.680.340.780.850.960.790.120.890.410.820.940.510.850.93
0.970.240.990.950.860.710.630.940.280.34-0.710.970.880.990.940.690.970.290.850.840.720.810.940.870.78
0.70.570.660.720.790.750.630.60.490.59-0.60.570.420.680.630.740.62-0.040.790.440.550.790.490.850.76
0.980.450.960.980.90.850.940.60.260.41-0.750.930.710.961.00.820.980.330.90.720.840.890.830.880.88
0.30.120.250.310.450.410.280.490.260.480.060.150.20.330.260.440.23-0.640.210.00.280.370.140.240.41
0.430.670.390.470.670.590.340.590.410.48-0.330.250.030.420.420.570.39-0.280.390.00.570.560.060.430.61
-0.75-0.49-0.75-0.73-0.78-0.62-0.71-0.6-0.750.06-0.33-0.71-0.54-0.73-0.78-0.58-0.75-0.61-0.79-0.52-0.72-0.81-0.64-0.8-0.79
0.960.230.970.930.790.680.970.570.930.150.25-0.710.870.950.930.690.970.410.870.910.740.780.960.870.74
0.77-0.220.830.70.570.340.880.420.710.20.03-0.540.870.820.710.390.780.260.620.860.490.530.950.640.46
0.990.341.00.970.920.780.990.680.960.330.42-0.730.950.820.970.760.980.240.880.780.770.860.90.890.84
0.980.460.960.980.920.850.940.631.00.260.42-0.780.930.710.970.820.980.330.910.720.860.910.840.890.89
0.790.620.740.830.820.960.690.740.820.440.57-0.580.690.390.760.820.770.050.880.420.880.920.520.830.9
0.990.390.980.970.890.790.970.620.980.230.39-0.750.970.780.980.980.770.340.90.820.810.860.90.890.84
0.270.120.30.250.120.120.29-0.040.33-0.64-0.28-0.610.410.260.240.330.050.340.40.460.250.270.40.380.24
0.910.530.880.920.850.890.850.790.90.210.39-0.790.870.620.880.910.880.90.40.720.810.940.770.980.89
0.790.020.810.750.530.410.840.440.720.00.0-0.520.910.860.780.720.420.820.460.720.460.510.950.740.46
0.790.520.760.80.810.820.720.550.840.280.57-0.720.740.490.770.860.880.810.250.810.460.90.590.760.89
0.880.610.850.890.930.940.810.790.890.370.56-0.810.780.530.860.910.920.860.270.940.510.90.650.920.99
0.880.010.910.830.670.510.940.490.830.140.06-0.640.960.950.90.840.520.90.40.770.950.590.650.780.6
0.920.540.890.920.870.850.870.850.880.240.43-0.80.870.640.890.890.830.890.380.980.740.760.920.780.88
0.860.660.820.870.940.930.780.760.880.410.61-0.790.740.460.840.890.90.840.240.890.460.890.990.60.88
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Guangzhou Automobile Account Relationship Matchups

Guangzhou Automobile fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets137.4B142.8B154.2B190.0B218.4B229.3B
Other Current Liab15.9B15.5B15.0B24.7B2.6B2.5B
Total Current Liabilities41.6B42.4B48.8B56.7B77.1B81.0B
Total Stockholder Equity80.1B84.3B90.3B113.2B115.7B121.5B
Other Liab4.4B4.0B4.0B4.1B4.7B4.9B
Retained Earnings46.6B50.8B56.1B56.1B57.6B29.5B
Accounts Payable13.3B12.9B15.9B17.9B27.6B29.0B
Cash32.2B28.5B24.0B39.5B48.9B25.8B
Other Assets11.2B11.9B14.5B14.3B16.5B17.3B
Long Term Debt7.7B8.5B5.7B4.9B8.9B6.7B
Net Receivables13.5B4.3B7.2B8.1B5.3B5.7B
Inventory6.9B6.6B8.1B12.9B16.7B17.6B
Other Current Assets3.3B2.2B2.0B3.3B21.2B22.2B
Total Liab55.0B56.1B61.6B67.8B94.0B98.7B
Intangible Assets16.1B17.6B18.9B19.9B23.0B24.2B
Common Stock10.2B10.3B10.4B10.5B12.1B7.4B
Property Plant Equipment20.7B21.4B20.7B27.8B31.9B33.5B
Short Term Investments842.8M1.6B3.2B4.2B2.8B2.9B
Net Tangible Assets68.4B70.3B74.8B98.8B113.6B70.7B
Other Stockholder Equity550.9M688.5M310.9M46.8B53.8B56.5B
Deferred Long Term Liab4.2B4.9B4.1B3.9B4.5B3.8B
Short Long Term Debt1.9B3.6B2.3B6.3B11.7B12.3B
Total Current Assets56.9B56.6B61.2B91.8B101.1B68.6B
Non Current Assets Total80.5B86.2B93.0B98.2B117.3B88.5B
Non Currrent Assets Other2.1B1.6B744.4M4.1B6.5B6.8B
Non Current Liabilities Total13.4B13.8B12.8B11.2B16.9B14.7B
Non Current Liabilities Other1.3B1.0B3.1B2.5B4.0B4.1B
Common Stock Shares Outstanding10.2B10.3B10.4B10.5B10.5B11.4B
Net Invested Capital89.7B96.3B98.3B124.4B136.3B111.9B
Net Working Capital15.3B14.3B12.4B35.2B24.0B24.3B
Capital Lease Obligations1.2B1.3B1.3B1.3B1.5B1.2B
Capital Stock10.2B10.3B10.4B10.5B10.5B11.4B

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Other Information on Investing in Guangzhou Stock

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