New Short Term Investments vs Long Term Investments Analysis

601336 Stock   51.05  1.55  3.13%   
New China financial indicator trend analysis is infinitely more than just investigating New China Life recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New China Life is a good investment. Please check the relationship between New China Short Term Investments and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in New China Life. 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.

Short Term Investments vs Long Term Investments

Short Term Investments vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New China Life Short Term Investments account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between New China's Short Term Investments and Long Term Investments is 0.68. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of New China Life, assuming nothing else is changed. The correlation between historical values of New China's Short Term Investments 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 Short Term Investments of New China Life 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 Short Term Investments i.e., New China's Short Term Investments and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of New China balance sheet. It contains any investments New China Life undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that New China Life can easily liquidate in the marketplace.

Long Term Investments

Long Term Investments is an item on the asset side of New China balance sheet that represents investments New China Life intends to hold for over a year. New China Life long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from New China's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New China Life 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 New China Life. 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 February 27, 2025, Selling General Administrative is expected to decline to about 2 B. The current year's Tax Provision is expected to grow to about (2.7 B)
 2024 2025 (projected)
Operating Income15.8B16.6B
Total Revenue80.6B152.5B

New China fundamental ratios Correlations

0.810.940.00.930.460.831.00.910.490.950.990.680.340.85-0.740.80.67-0.51-0.810.850.22-0.660.88-0.660.9
0.810.84-0.010.840.390.840.80.850.610.870.830.760.370.9-0.590.840.62-0.19-0.760.810.11-0.160.85-0.160.73
0.940.84-0.170.990.260.920.930.930.380.960.970.70.410.85-0.660.780.57-0.46-0.790.790.05-0.540.84-0.540.82
0.0-0.01-0.17-0.190.65-0.40.0-0.240.42-0.17-0.12-0.14-0.37-0.09-0.150.030.290.020.070.040.560.06-0.010.060.03
0.930.840.99-0.190.230.930.920.950.40.960.960.680.480.84-0.580.740.53-0.48-0.760.78-0.01-0.530.82-0.530.79
0.460.390.260.650.230.070.460.260.530.260.350.2-0.070.29-0.410.350.58-0.22-0.370.480.59-0.230.4-0.230.42
0.830.840.92-0.40.930.070.820.910.380.920.880.740.580.81-0.50.670.37-0.3-0.770.68-0.22-0.410.75-0.410.67
1.00.80.930.00.920.460.820.90.490.950.980.670.330.84-0.740.790.68-0.52-0.80.850.23-0.670.88-0.670.9
0.910.850.93-0.240.950.260.910.90.440.960.940.710.510.83-0.540.720.5-0.4-0.740.75-0.04-0.490.8-0.490.75
0.490.610.380.420.40.530.380.490.440.410.40.260.180.33-0.170.290.22-0.17-0.280.330.0-0.130.32-0.130.3
0.950.870.96-0.170.960.260.920.950.960.410.980.780.470.92-0.70.820.61-0.37-0.850.830.09-0.540.9-0.540.85
0.990.830.97-0.120.960.350.880.980.940.40.980.730.390.89-0.730.820.66-0.48-0.830.860.17-0.630.91-0.630.9
0.680.760.7-0.140.680.20.740.670.710.260.780.730.260.86-0.760.790.530.14-0.810.690.11-0.280.83-0.280.66
0.340.370.41-0.370.48-0.070.580.330.510.180.470.390.260.320.120.03-0.02-0.04-0.530.19-0.39-0.230.22-0.230.13
0.850.90.85-0.090.840.290.810.840.830.330.920.890.860.32-0.790.960.77-0.2-0.870.920.3-0.340.98-0.340.89
-0.74-0.59-0.66-0.15-0.58-0.41-0.5-0.74-0.54-0.17-0.7-0.73-0.760.12-0.79-0.86-0.790.140.76-0.75-0.580.45-0.850.45-0.85
0.80.840.780.030.740.350.670.790.720.290.820.820.790.030.96-0.860.85-0.25-0.760.920.47-0.280.97-0.280.9
0.670.620.570.290.530.580.370.680.50.220.610.660.53-0.020.77-0.790.85-0.41-0.710.880.81-0.290.84-0.290.84
-0.51-0.19-0.460.02-0.48-0.22-0.3-0.52-0.4-0.17-0.37-0.480.14-0.04-0.20.14-0.25-0.410.15-0.44-0.210.48-0.290.48-0.46
-0.81-0.76-0.790.07-0.76-0.37-0.77-0.8-0.74-0.28-0.85-0.83-0.81-0.53-0.870.76-0.76-0.710.15-0.79-0.30.44-0.860.44-0.78
0.850.810.790.040.780.480.680.850.750.330.830.860.690.190.92-0.750.920.88-0.44-0.790.47-0.40.96-0.40.92
0.220.110.050.56-0.010.59-0.220.23-0.040.00.090.170.11-0.390.3-0.580.470.81-0.21-0.30.47-0.120.41-0.120.5
-0.66-0.16-0.540.06-0.53-0.23-0.41-0.67-0.49-0.13-0.54-0.63-0.28-0.23-0.340.45-0.28-0.290.480.44-0.4-0.12-0.441.0-0.62
0.880.850.84-0.010.820.40.750.880.80.320.90.910.830.220.98-0.850.970.84-0.29-0.860.960.41-0.44-0.440.95
-0.66-0.16-0.540.06-0.53-0.23-0.41-0.67-0.49-0.13-0.54-0.63-0.28-0.23-0.340.45-0.28-0.290.480.44-0.4-0.121.0-0.44-0.62
0.90.730.820.030.790.420.670.90.750.30.850.90.660.130.89-0.850.90.84-0.46-0.780.920.5-0.620.95-0.62
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New China Account Relationship Matchups

New China fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.0T1.1T1.3T1.4T1.6T1.7T
Total Stockholder Equity101.7B108.5B102.9B105.1B120.8B63.0B
Other Liab667.7B822.4B925.8B1.1T1.2T1.3T
Cash13.0B15.5B17.6B21.8B19.6B14.0B
Other Assets52.4B51.0B55.8B66.7B76.7B80.6B
Short Term Investments387.3B426.7B403.4B375.7B432.0B453.6B
Total Liab902.7B1.0T1.2T1.3T1.5T1.6T
Intangible Assets3.8B3.8B4.0B4.1B4.7B4.9B
Property Plant Equipment15.5B16.9B19.2B18.7B21.5B22.6B
Retained Earnings63.4B74.0B79.3B92.1B105.9B111.2B
Other Current Liab6.7B11.4B8.1B7.5B8.6B7.5B
Total Current Liabilities125.9B69.7B80.0B66.5B76.5B86.1B
Net Tangible Assets80.7B97.9B104.7B98.9B113.7B85.2B
Accounts Payable45.9B9.0B9.3B8.7B7.8B7.4B
Net Receivables2.5B6.0B6.8B7.0B8.1B4.4B
Other Current Assets12.6B13.5B16.8B21.0B24.1B14.7B
Other Stockholder Equity4.0B11.2B7.4B(3.5B)(4.1B)(3.9B)
Long Term Investments736.8B780.0B839.1B1.1T1.2T750.7B
Total Current Assets55.5B63.9B110.5B130.7B150.3B85.6B
Net Invested Capital111.7B118.5B112.9B125.3B144.1B108.4B
Property Plant And Equipment Net16.9B19.2B18.7B18.9B21.7B19.6B
Capital Lease Obligations1.1B1.0B855M760M684M748.8M
Property Plant And Equipment Gross16.9B19.2B18.7B22.8B26.2B20.5B

Currently Active Assets on Macroaxis

Other Information on Investing in New Stock

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