Anhui Total Assets vs Other Assets Analysis

601801 Stock   7.29  0.13  1.75%   
Anhui Xinhua financial indicator trend analysis is way more than just evaluating Anhui Xinhua Media prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Xinhua Media is a good investment. Please check the relationship between Anhui Xinhua Total Assets and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Xinhua Media. 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 Assets

Total Assets vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Xinhua Media Total Assets account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Anhui Xinhua's Total Assets and Other Assets is 0.48. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of Anhui Xinhua Media, assuming nothing else is changed. The correlation between historical values of Anhui Xinhua's Total Assets and Other 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 Assets of Anhui Xinhua Media are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Assets i.e., Anhui Xinhua's Total Assets and Other Assets go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Anhui Xinhua 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 Anhui Xinhua Media 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 Assets

Most indicators from Anhui Xinhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Xinhua Media 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 Anhui Xinhua Media. 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.
As of December 22, 2024, Selling General Administrative is expected to decline to about 289.3 M. The current year's Tax Provision is expected to grow to about (109.1 M)
 2021 2022 2023 2024 (projected)
Operating Income728.3M885.7M849.8M533.2M
Total Revenue10.1B11.7B11.2B6.9B

Anhui Xinhua fundamental ratios Correlations

0.380.80.980.970.960.820.480.560.280.940.00.790.210.930.620.880.020.94-0.750.890.940.930.87-0.380.73
0.380.010.460.510.290.02-0.060.270.480.550.30.010.320.45-0.150.240.320.270.030.360.380.220.14-0.080.09
0.80.010.730.730.840.980.460.340.190.75-0.331.00.170.670.910.94-0.30.88-0.940.810.780.920.93-0.260.82
0.980.460.730.980.90.780.410.640.30.910.10.720.220.960.50.860.150.92-0.670.890.930.890.79-0.440.61
0.970.510.730.980.910.750.380.630.370.940.080.710.270.910.490.860.130.89-0.690.880.920.880.8-0.390.62
0.960.290.840.90.910.810.540.460.340.94-0.110.830.190.80.70.84-0.180.89-0.830.830.880.90.91-0.280.83
0.820.020.980.780.750.810.480.380.130.73-0.260.970.140.730.860.96-0.210.91-0.90.830.80.930.9-0.260.75
0.48-0.060.460.410.380.540.48-0.18-0.080.48-0.050.48-0.560.290.570.39-0.490.41-0.560.320.380.450.570.210.62
0.560.270.340.640.630.460.38-0.180.360.430.210.290.370.630.030.470.540.54-0.220.650.640.470.31-0.790.01
0.280.480.190.30.370.340.13-0.080.360.36-0.230.170.370.17-0.020.240.110.19-0.20.330.260.170.2-0.150.07
0.940.550.750.910.940.940.730.480.430.360.030.760.20.830.620.82-0.040.86-0.710.820.870.870.85-0.290.79
0.00.3-0.330.10.08-0.11-0.26-0.050.21-0.230.03-0.33-0.40.07-0.35-0.230.37-0.140.38-0.1-0.04-0.19-0.27-0.17-0.27
0.790.011.00.720.710.830.970.480.290.170.76-0.330.160.650.930.93-0.330.87-0.940.790.760.920.94-0.240.85
0.210.320.170.220.270.190.14-0.560.370.370.2-0.40.160.27-0.070.270.350.21-0.050.20.20.190.09-0.150.04
0.930.450.670.960.910.80.730.290.630.170.830.070.650.270.450.820.220.92-0.580.880.920.880.72-0.50.53
0.62-0.150.910.50.490.70.860.570.03-0.020.62-0.350.93-0.070.450.78-0.540.73-0.90.640.610.80.9-0.10.9
0.880.240.940.860.860.840.960.390.470.240.82-0.230.930.270.820.78-0.070.95-0.870.910.890.960.9-0.340.72
0.020.32-0.30.150.13-0.18-0.21-0.490.540.11-0.040.37-0.330.350.22-0.54-0.07-0.070.470.0-0.01-0.15-0.37-0.49-0.49
0.940.270.880.920.890.890.910.410.540.190.86-0.140.870.210.920.730.95-0.07-0.840.960.970.990.91-0.440.72
-0.750.03-0.94-0.67-0.69-0.83-0.9-0.56-0.22-0.2-0.710.38-0.94-0.05-0.58-0.9-0.870.47-0.84-0.79-0.77-0.88-0.950.15-0.83
0.890.360.810.890.880.830.830.320.650.330.82-0.10.790.20.880.640.910.00.96-0.790.980.930.87-0.510.61
0.940.380.780.930.920.880.80.380.640.260.87-0.040.760.20.920.610.89-0.010.97-0.770.980.940.87-0.490.65
0.930.220.920.890.880.90.930.450.470.170.87-0.190.920.190.880.80.96-0.150.99-0.880.930.940.95-0.390.8
0.870.140.930.790.80.910.90.570.310.20.85-0.270.940.090.720.90.9-0.370.91-0.950.870.870.95-0.240.91
-0.38-0.08-0.26-0.44-0.39-0.28-0.260.21-0.79-0.15-0.29-0.17-0.24-0.15-0.5-0.1-0.34-0.49-0.440.15-0.51-0.49-0.39-0.24-0.02
0.730.090.820.610.620.830.750.620.010.070.79-0.270.850.040.530.90.72-0.490.72-0.830.610.650.80.91-0.02
Click cells to compare fundamentals

Anhui Xinhua Account Relationship Matchups

Anhui Xinhua fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.1B14.7B16.9B17.5B18.9B10.1B
Other Current Liab772.0M926.3M1.2B136.3M78.0M74.1M
Total Current Liabilities3.3B3.7B4.7B5.3B6.0B6.3B
Total Stockholder Equity10.3B10.7B10.9B11.2B11.7B7.1B
Retained Earnings6.0B6.3B6.6B7.0B5.9B3.6B
Accounts Payable2.1B2.2B2.7B2.9B2.9B1.7B
Cash5.8B7.0B7.6B9.1B10.7B11.2B
Other Assets178.8M193.4M373.7M406.6M467.6M242.6M
Net Receivables1.3B691.7M496.0M819.9M975.7M718.8M
Short Term Investments1.4B553.8M678.4M203.1M233.6M323.4M
Inventory1.5B1.5B2.4B1.8B1.7B987.8M
Other Current Assets513.4M614.1M727.8M583.7M206.4M196.0M
Total Liab3.4B3.9B5.9B6.2B7.0B7.3B
Intangible Assets260.1M247.1M248.5M232.8M222.9M237.8M
Property Plant Equipment915.5M986.7M2.0B1.9B2.1B2.3B
Other Liab130.4M152.9M176.3M191.0M219.6M230.6M
Net Tangible Assets10.0B10.3B10.7B10.9B12.6B10.1B
Other Stockholder Equity30.5M(52.7M)(100.1M)(199.6M)(179.7M)(170.7M)
Deferred Long Term Liab131.1M115.6M117.2M112.3M129.1M111.8M
Total Current Assets10.5B10.8B12.2B12.7B13.9B11.5B
Non Current Assets Total3.6B3.7B4.8B4.8B5.0B4.2B
Non Currrent Assets Other4.5M37.0M28.3M21.9M16.2M20.1M
Non Current Liabilities Total152.9M279.2M1.1B903.9M921.4M511.4M
Non Current Liabilities Other18.3M5.8M6.9M6.1M6.1M8.4M
Net Invested Capital10.3B11.0B11.2B11.4B13.1B12.0B
Net Working Capital7.2B7.4B7.4B7.5B7.8B8.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Anhui Stock

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