China Net Receivables vs Common Stock Shares Outstanding Analysis

601881 Stock   15.80  0.03  0.19%   
China Galaxy financial indicator trend analysis is way more than just evaluating China Galaxy Securities prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Galaxy Securities is a good investment. Please check the relationship between China Galaxy Net Receivables and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Galaxy Securities. 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.

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Galaxy Securities Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak relationship.
The correlation between China Galaxy's Net Receivables and Common Stock Shares Outstanding is 0.37. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of China Galaxy Securities, assuming nothing else is changed. The correlation between historical values of China Galaxy's Net Receivables and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of China Galaxy Securities are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., China Galaxy's Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Receivables

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from China Galaxy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Galaxy Securities 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 Galaxy Securities. 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 26, 2024, Selling General Administrative is expected to decline to about 1.2 B. In addition to that, Tax Provision is expected to decline to about 237.2 M
 2023 2024 (projected)
Gross Profit15.2B12.3B
Total Revenue18.6B19.0B

China Galaxy fundamental ratios Correlations

0.850.970.950.880.960.720.760.780.730.60.910.960.630.810.911.00.960.770.990.770.970.70.870.640.46
0.850.780.870.980.840.590.560.710.720.510.690.830.490.640.960.840.850.660.810.660.860.820.910.840.8
0.970.780.890.790.890.610.820.780.720.490.930.90.530.850.830.980.890.720.990.720.910.630.80.60.41
0.950.870.890.890.990.660.520.650.710.740.80.940.750.750.910.930.980.880.930.880.980.870.890.720.58
0.880.980.790.890.870.650.60.730.670.530.740.880.510.610.990.870.860.660.840.660.890.790.910.750.75
0.960.840.890.990.870.730.540.650.710.760.810.960.780.760.90.940.990.880.930.880.990.820.880.680.49
0.720.590.610.660.650.730.480.40.610.620.590.790.650.60.720.730.780.620.630.620.760.410.730.460.14
0.760.560.820.520.60.540.480.790.50.00.870.660.060.660.650.790.550.260.780.260.610.160.540.270.2
0.780.710.780.650.730.650.40.790.540.140.750.680.140.660.710.790.650.320.790.320.650.370.480.320.35
0.730.720.720.710.670.710.610.50.540.540.670.60.540.920.710.720.740.660.690.660.690.670.710.630.55
0.60.510.490.740.530.760.620.00.140.540.420.640.990.450.560.560.740.810.560.810.710.770.640.540.31
0.910.690.930.80.740.810.590.870.750.670.420.830.440.810.80.920.780.560.920.560.820.520.720.40.37
0.960.830.90.940.880.960.790.660.680.60.640.830.670.680.910.960.960.790.940.790.980.690.880.630.41
0.630.490.530.750.510.780.650.060.140.540.990.440.670.490.560.60.760.860.60.860.740.740.640.530.25
0.810.640.850.750.610.760.60.660.660.920.450.810.680.490.670.810.780.670.80.670.740.550.650.480.34
0.910.960.830.910.990.90.720.650.710.710.560.80.910.560.670.910.890.710.870.710.920.780.930.720.71
1.00.840.980.930.870.940.730.790.790.720.560.920.960.60.810.910.940.740.990.740.960.660.850.620.44
0.960.850.890.980.860.990.780.550.650.740.740.780.960.760.780.890.940.880.920.880.990.790.890.70.47
0.770.660.720.880.660.880.620.260.320.660.810.560.790.860.670.710.740.880.761.00.860.830.790.680.44
0.990.810.990.930.840.930.630.780.790.690.560.920.940.60.80.870.990.920.760.760.950.680.820.60.44
0.770.660.720.880.660.880.620.260.320.660.810.560.790.860.670.710.740.881.00.760.860.830.790.680.44
0.970.860.910.980.890.990.760.610.650.690.710.820.980.740.740.920.960.990.860.950.860.790.920.710.5
0.70.820.630.870.790.820.410.160.370.670.770.520.690.740.550.780.660.790.830.680.830.790.820.80.81
0.870.910.80.890.910.880.730.540.480.710.640.720.880.640.650.930.850.890.790.820.790.920.820.860.69
0.640.840.60.720.750.680.460.270.320.630.540.40.630.530.480.720.620.70.680.60.680.710.80.860.75
0.460.80.410.580.750.490.140.20.350.550.310.370.410.250.340.710.440.470.440.440.440.50.810.690.75
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China Galaxy Account Relationship Matchups

China Galaxy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets315.7B445.7B560.1B625.2B663.2B447.7B
Other Current Liab3.1B8.5B16.6B33.6B38.7B40.6B
Total Current Liabilities209.6B305.2B331.1B374.9B431.1B256.3B
Total Stockholder Equity70.9B81.3B99.0B102.6B130.5B89.2B
Other Liab780.6M6.4B24.9B30.1B34.6B36.3B
Net Tangible Assets70.0B80.3B97.2B100.8B115.9B81.3B
Retained Earnings34.9B40.6B48.1B51.6B30.3B38.8B
Accounts Payable76.7B114.4B133.7B137.6B120.3B107.9B
Cash22.0B109.5B129.9B176.1B166.6B116.8B
Other Assets1.7B49.6B9.3B28.4B32.7B34.3B
Net Receivables64.5B94.8B108.3B94.8B109.0B83.5B
Good Will439.5M426.5M1.0B1.0B1.0B592.4M
Other Current Assets24.8B76.0B44.0B55.9B64.3B40.9B
Other Stockholder Equity802.5M5.3B15.7B15.8B18.2B19.1B
Total Liab243.7B363.7B461.2B522.6B532.7B358.1B
Long Term Investments123.0B186.6B258.8B325.0B359.7B185.1B
Total Current Assets260.3B349.4B425.9B461.5B530.8B327.8B
Intangible Assets493.5M525.1M704.8M750.3M820.5M585.4M
Property Plant Equipment1.7B1.3B2.0B2.3B2.6B2.7B
Net Debt65.4B28.0B9.5B74.0B85.1B89.3B
Net Invested Capital166.5B218.8B238.4B255.0B274.4B230.9B

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

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