China Property Plant Equipment vs Selling General Administrative Analysis

601390 Stock   6.39  0.02  0.31%   
China Railway financial indicator trend analysis is way more than just evaluating China Railway Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Railway Group is a good investment. Please check the relationship between China Railway Property Plant Equipment and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Railway 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.

Property Plant Equipment vs Selling General Administrative

Property Plant Equipment vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Railway Group Property Plant Equipment account and Selling General Administrative. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between China Railway's Property Plant Equipment and Selling General Administrative is -0.22. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of China Railway Group, assuming nothing else is changed. The correlation between historical values of China Railway's Property Plant Equipment and Selling General Administrative 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 China Railway Group are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Property Plant Equipment i.e., China Railway's Property Plant Equipment and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant Equipment

Selling General Administrative

Most indicators from China Railway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Railway Group 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 China Railway 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.
The current year's Selling General Administrative is expected to grow to about 17.4 B, whereas Tax Provision is forecasted to decline to about 7 B.
 2021 2022 2023 2024 (projected)
Operating Income47.9B51.2B59.2B62.1B
Total Revenue1.1T1.2T1.3T642.8B

China Railway fundamental ratios Correlations

-0.050.990.990.690.910.980.950.970.10.810.920.350.521.00.940.640.750.980.780.810.890.70.750.910.79
-0.050.020.050.24-0.4-0.020.02-0.180.120.21-0.070.340.59-0.05-0.280.330.310.010.220.110.010.20.01-0.130.16
0.990.020.980.670.890.980.930.940.210.80.90.410.550.990.90.710.790.970.780.790.860.720.780.880.81
0.990.050.980.750.870.990.970.920.140.820.920.330.550.980.890.650.80.990.850.860.910.780.810.910.86
0.690.240.670.750.50.720.810.63-0.090.730.750.090.590.660.560.390.750.770.870.880.890.830.660.850.8
0.91-0.40.890.870.50.880.850.90.190.630.840.180.20.910.910.490.60.870.670.720.790.610.730.840.7
0.98-0.020.980.990.720.880.940.930.150.820.910.340.540.980.90.660.790.990.810.820.880.750.820.910.85
0.950.020.930.970.810.850.940.91-0.010.780.920.170.50.930.880.50.730.980.880.920.950.770.770.930.85
0.97-0.180.940.920.630.90.930.91-0.090.780.890.340.420.970.980.560.630.930.660.750.850.550.610.90.66
0.10.120.210.14-0.090.190.15-0.01-0.090.030.050.240.080.12-0.110.460.380.080.2-0.02-0.040.370.47-0.060.32
0.810.210.80.820.730.630.820.780.780.030.750.570.660.80.730.810.890.810.70.830.840.70.580.820.72
0.92-0.070.90.920.750.840.910.920.890.050.750.260.480.910.860.490.710.940.770.820.870.70.690.890.73
0.350.340.410.330.090.180.340.170.340.240.570.260.290.380.260.790.540.270.120.180.170.050.090.170.14
0.520.590.550.550.590.20.540.50.420.080.660.480.290.520.390.560.660.560.460.480.530.620.40.50.55
1.0-0.050.990.980.660.910.980.930.970.120.80.910.380.520.940.660.750.970.760.790.870.680.740.90.77
0.94-0.280.90.890.560.910.90.880.98-0.110.730.860.260.390.940.50.580.90.580.720.820.520.570.890.62
0.640.330.710.650.390.490.660.50.560.460.810.490.790.560.660.50.840.580.50.50.510.530.50.50.55
0.750.310.790.80.750.60.790.730.630.380.890.710.540.660.750.580.840.780.790.820.810.850.750.760.85
0.980.010.970.990.770.870.990.980.930.080.810.940.270.560.970.90.580.780.840.870.920.780.810.930.86
0.780.220.780.850.870.670.810.880.660.20.70.770.120.460.760.580.50.790.840.910.880.890.850.810.92
0.810.110.790.860.880.720.820.920.75-0.020.830.820.180.480.790.720.50.820.870.910.970.840.740.90.88
0.890.010.860.910.890.790.880.950.85-0.040.840.870.170.530.870.820.510.810.920.880.970.840.740.980.87
0.70.20.720.780.830.610.750.770.550.370.70.70.050.620.680.520.530.850.780.890.840.840.870.780.94
0.750.010.780.810.660.730.820.770.610.470.580.690.090.40.740.570.50.750.810.850.740.740.870.730.95
0.91-0.130.880.910.850.840.910.930.9-0.060.820.890.170.50.90.890.50.760.930.810.90.980.780.730.82
0.790.160.810.860.80.70.850.850.660.320.720.730.140.550.770.620.550.850.860.920.880.870.940.950.82
Click cells to compare fundamentals

China Railway Account Relationship Matchups

China Railway fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1T1.2T1.4T1.6T1.8T1.9T
Other Current Liab351.5B394.4B443.0B32.1B48.1B45.7B
Total Current Liabilities676.0B705.1B787.9B873.4B1.0T1.1T
Total Stockholder Equity221.5B255.3B275.3B301.2B332.5B349.2B
Other Liab9.1B19.9B18.9B19.4B22.3B11.4B
Accounts Payable208.5B226.2B235.5B480.4B588.7B618.2B
Cash158.2B174.8B178.9B238.6B234.5B246.2B
Other Assets113.9B144.7B189.4B217.0B249.5B262.0B
Long Term Debt126.7B161.7B195.1B279.8B311.6B327.1B
Net Receivables254.8B107.9B122.1B122.2B156.9B151.6B
Good Will1.0B1.4B1.6B1.8B1.7B989.8M
Short Term Investments5.4B5.1B7.2B10.2B8.9B9.3B
Inventory199.7B192.7B203.4B207.9B219.4B164.4B
Other Current Assets47.9B80.2B104.8B63.4B64.2B42.9B
Total Liab810.7B886.9B1.0T1.2T1.4T1.4T
Intangible Assets39.9B77.7B125.8B170.3B198.6B208.6B
Property Plant Equipment68.6B68.0B73.3B76.0B87.4B47.6B
Retained Earnings110.2B129.7B150.7B175.4B181.1B190.2B
Net Tangible Assets144.5B180.5B176.3B148.1B170.3B144.7B
Other Stockholder Equity33.9B31.3B45.7B44.4B51.0B30.2B
Deferred Long Term Liab1.1B1.3B1.4B1.4B1.6B1.2B
Short Long Term Debt74.3B52.7B52.8B71.2B67.4B63.8B
Total Current Assets709.5B741.8B800.8B898.6B1.0T807.9B
Non Current Assets Total346.7B458.3B560.9B714.6B823.7B486.6B
Non Currrent Assets Other107.9B141.0B173.7B217.1B253.2B136.1B
Non Current Liabilities Total134.7B181.8B215.5B316.7B358.9B205.8B
Non Current Liabilities Other1.1B605.0M14.5B29.7B1.1B1.0B
Net Debt29.5B39.6B69.1B112.4B144.4B151.6B
Net Invested Capital409.1B469.7B523.3B652.2B711.5B535.5B
Net Working Capital33.5B36.6B12.9B25.2B(4.9B)(4.7B)

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Other Information on Investing in China Stock

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