China Total Current Liabilities vs Intangible Assets Analysis

601512 Stock   7.18  0.12  1.64%   
China Singapore financial indicator trend analysis is way more than just evaluating China Singapore Suzhou prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Singapore Suzhou is a good investment. Please check the relationship between China Singapore Total Current Liabilities and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Singapore Suzhou Industrial. 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 Current Liabilities vs Intangible Assets

Total Current Liabilities vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Singapore Suzhou Total Current Liabilities account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Singapore's Total Current Liabilities and Intangible Assets is 0.68. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of China Singapore Suzhou Industrial, assuming nothing else is changed. The correlation between historical values of China Singapore's Total Current Liabilities and Intangible 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 Total Current Liabilities of China Singapore Suzhou Industrial are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Liabilities i.e., China Singapore's Total Current Liabilities and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on China Singapore balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of China Singapore Suzhou Industrial are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from China Singapore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Singapore Suzhou 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 Singapore Suzhou Industrial. 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 80 M, whereas Tax Provision is forecasted to decline to about 441.7 M.
 2022 2023 2024 2025 (projected)
Gross Profit2.7B1.9B2.1B2.2B
Total Revenue4.7B3.7B3.3B3.5B

China Singapore fundamental ratios Correlations

-0.27-0.470.970.980.960.98-0.820.650.990.930.910.90.910.930.53-0.340.920.610.280.99-0.85-0.760.90.950.86
-0.270.53-0.24-0.29-0.19-0.190.2-0.11-0.34-0.25-0.46-0.07-0.47-0.260.16-0.05-0.28-0.42-0.26-0.180.130.25-0.44-0.26-0.25
-0.470.53-0.6-0.57-0.61-0.570.64-0.59-0.5-0.69-0.62-0.15-0.61-0.260.020.32-0.17-0.34-0.05-0.430.470.68-0.74-0.66-0.48
0.97-0.24-0.60.971.01.0-0.880.750.960.970.880.810.880.840.5-0.40.810.530.150.97-0.85-0.840.920.990.86
0.98-0.29-0.570.970.960.97-0.790.640.980.950.890.870.880.880.44-0.310.860.580.320.95-0.84-0.730.90.960.82
0.96-0.19-0.611.00.961.0-0.880.770.950.980.860.790.850.810.5-0.430.770.50.130.95-0.84-0.840.910.990.85
0.98-0.19-0.571.00.971.0-0.880.740.960.970.880.830.880.850.53-0.410.820.540.160.97-0.86-0.830.910.980.86
-0.820.20.64-0.88-0.79-0.88-0.88-0.9-0.76-0.83-0.82-0.63-0.82-0.61-0.550.26-0.61-0.290.15-0.860.750.96-0.88-0.84-0.65
0.65-0.11-0.590.750.640.770.74-0.90.590.70.560.430.560.340.48-0.120.38-0.01-0.340.7-0.45-0.90.750.720.47
0.99-0.34-0.50.960.980.950.96-0.760.590.930.910.890.910.930.46-0.360.910.660.350.96-0.84-0.710.890.950.87
0.93-0.25-0.690.970.950.980.97-0.830.70.930.860.720.850.790.34-0.550.720.560.20.9-0.87-0.790.910.990.9
0.91-0.46-0.620.880.890.860.88-0.820.560.910.860.81.00.860.39-0.310.830.750.370.89-0.86-0.740.890.880.8
0.9-0.07-0.150.810.870.790.83-0.630.430.890.720.80.80.920.56-0.110.950.590.450.91-0.75-0.510.690.760.67
0.91-0.47-0.610.880.880.850.88-0.820.560.910.851.00.80.860.39-0.30.830.740.360.89-0.85-0.750.890.870.79
0.93-0.26-0.260.840.880.810.85-0.610.340.930.790.860.920.860.49-0.350.980.750.460.91-0.84-0.530.760.820.83
0.530.160.020.50.440.50.53-0.550.480.460.340.390.560.390.490.170.520.06-0.360.61-0.38-0.630.390.390.25
-0.34-0.050.32-0.4-0.31-0.43-0.410.26-0.12-0.36-0.55-0.31-0.11-0.3-0.350.17-0.19-0.48-0.13-0.30.550.21-0.32-0.51-0.75
0.92-0.28-0.170.810.860.770.82-0.610.380.910.720.830.950.830.980.52-0.190.680.450.91-0.75-0.510.740.770.75
0.61-0.42-0.340.530.580.50.54-0.29-0.010.660.560.750.590.740.750.06-0.480.680.710.54-0.61-0.220.530.60.74
0.28-0.26-0.050.150.320.130.160.15-0.340.350.20.370.450.360.46-0.36-0.130.450.710.19-0.230.30.180.220.3
0.99-0.18-0.430.970.950.950.97-0.860.70.960.90.890.910.890.910.61-0.30.910.540.19-0.84-0.790.890.930.82
-0.850.130.47-0.85-0.84-0.84-0.860.75-0.45-0.84-0.87-0.86-0.75-0.85-0.84-0.380.55-0.75-0.61-0.23-0.840.66-0.75-0.84-0.83
-0.760.250.68-0.84-0.73-0.84-0.830.96-0.9-0.71-0.79-0.74-0.51-0.75-0.53-0.630.21-0.51-0.220.3-0.790.66-0.85-0.8-0.6
0.9-0.44-0.740.920.90.910.91-0.880.750.890.910.890.690.890.760.39-0.320.740.530.180.89-0.75-0.850.930.77
0.95-0.26-0.660.990.960.990.98-0.840.720.950.990.880.760.870.820.39-0.510.770.60.220.93-0.84-0.80.930.9
0.86-0.25-0.480.860.820.850.86-0.650.470.870.90.80.670.790.830.25-0.750.750.740.30.82-0.83-0.60.770.9
Click cells to compare fundamentals

China Singapore Account Relationship Matchups

China Singapore fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets25.7B29.4B32.5B35.0B40.3B28.9B
Other Current Liab2.0B2.4B4.1B249.8M224.9M213.6M
Total Current Liabilities6.8B7.8B8.0B8.3B7.5B6.7B
Total Stockholder Equity11.1B12.2B13.3B14.2B16.4B11.1B
Other Liab197.8M235.3M231.1M286.1M329.1M226.5M
Net Tangible Assets10.0B10.8B11.8B13.0B15.0B10.2B
Retained Earnings8.3B9.4B10.6B10.7B12.3B8.6B
Accounts Payable1.8B1.9B1.8B1.8B1.6B1.5B
Cash3.9B3.1B3.6B3.9B4.4B3.9B
Non Current Assets Total11.3B13.7B14.8B16.9B19.4B12.6B
Other Assets4.5B5.4B5.9B5.6B6.5B4.9B
Long Term Debt3.7B5.0B6.1B7.1B8.1B8.5B
Net Receivables982.4M1.3B2.5B2.2B2.6B1.5B
Non Current Liabilities Total3.9B5.3B6.4B7.6B8.8B9.2B
Inventory8.7B10.7B11.0B11.6B13.3B10.3B
Other Current Assets60.0M31.5M196.5M211.0M242.7M151.1M
Other Stockholder Equity2.4M(1.3M)(9.9M)934.3K840.9K882.9K
Total Liab10.7B13.1B14.4B15.9B18.3B13.6B
Deferred Long Term Liab1.7M2.0M17.9M13.6M15.7M16.5M
Short Long Term Debt976.2M1.3B1.5B1.3B1.5B1.3B
Total Current Assets14.4B15.8B17.7B18.2B20.9B16.3B
Non Current Liabilities Other78.7M72.0M93.3M121.2M109.1M103.6M
Intangible Assets173.3M195.6M190.6M174.0M156.6M153.6M
Property Plant Equipment2.1B2.1B2.5B2.4B2.8B2.2B
Non Currrent Assets Other121.3M501.3M197.7M320.7M368.8M188.5M
Net Invested Capital15.7B18.5B21.0B22.5B25.9B17.4B
Net Working Capital7.6B8.0B9.6B9.9B11.3B7.7B
Property Plant And Equipment Net2.1B2.5B2.4B2.5B2.9B2.6B
Good Will52.9M163.4M134.7M90.9M104.5M100.2M
Property Plant And Equipment Gross3.3B3.8B2.4B3.8B4.4B3.6B

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

Balance Sheet is a snapshot of the financial position of China Singapore Suzhou at a specified time, usually calculated after every quarter, six months, or one year. China Singapore Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Singapore 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.