China Common Stock vs Accounts Payable Analysis

601888 Stock   62.54  0.29  0.46%   
China International financial indicator trend analysis is way more than just evaluating China International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China International is a good investment. Please check the relationship between China International Common Stock and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China International Travel. 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.

Common Stock vs Accounts Payable

Common Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China International Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between China International's Common Stock and Accounts Payable is 0.74. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of China International Travel, assuming nothing else is changed. The correlation between historical values of China International's Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of China International Travel are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., China International's Common Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Accounts Payable

An accounting item on the balance sheet that represents China International obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of China International are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from China International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China International 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 International Travel. 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 11.8 B. The current year's Tax Provision is expected to grow to about 1.7 B
 2022 2023 2024 2025 (projected)
Operating Income8.3B8.3B9.6B10.0B
Total Revenue54.4B67.5B77.7B81.6B

China International fundamental ratios Correlations

-0.180.940.990.00.990.980.990.910.89-0.780.970.810.970.830.670.960.760.840.98-0.870.820.770.990.910.87
-0.180.13-0.270.18-0.1-0.08-0.250.180.11-0.05-0.06-0.480.020.220.28-0.230.240.17-0.330.070.120.11-0.24-0.08-0.24
0.940.130.90.040.960.970.890.970.93-0.830.980.610.990.90.770.90.860.90.88-0.880.890.80.920.910.76
0.99-0.270.90.00.980.961.00.870.85-0.740.940.860.940.790.630.950.710.80.99-0.840.770.750.990.880.89
0.00.180.040.00.030.050.010.210.080.44-0.01-0.070.00.310.45-0.120.410.4-0.070.360.00.37-0.05-0.040.19
0.99-0.10.960.980.030.980.970.930.91-0.790.970.790.980.860.710.960.790.870.96-0.870.840.80.980.910.88
0.98-0.080.970.960.050.980.950.940.92-0.790.990.70.990.870.740.950.820.880.95-0.880.870.790.970.920.81
0.99-0.250.891.00.010.970.950.860.84-0.730.920.880.930.790.650.930.70.790.98-0.820.750.780.980.870.9
0.910.180.970.870.210.930.940.860.96-0.740.930.590.950.950.790.830.920.960.84-0.760.890.80.880.870.79
0.890.110.930.850.080.910.920.840.96-0.810.920.570.920.910.710.820.850.890.84-0.770.920.730.880.860.71
-0.78-0.05-0.83-0.740.44-0.79-0.79-0.73-0.74-0.81-0.83-0.52-0.84-0.63-0.43-0.79-0.56-0.59-0.780.91-0.79-0.51-0.81-0.8-0.55
0.97-0.060.980.94-0.010.970.990.920.930.92-0.830.660.990.860.70.950.820.870.94-0.90.880.750.960.930.77
0.81-0.480.610.86-0.070.790.70.880.590.57-0.520.660.670.490.380.760.40.520.85-0.610.460.60.830.640.89
0.970.020.990.940.00.980.990.930.950.92-0.840.990.670.870.730.950.820.880.93-0.910.880.780.960.930.8
0.830.220.90.790.310.860.870.790.950.91-0.630.860.490.870.810.730.850.890.74-0.650.830.80.790.780.65
0.670.280.770.630.450.710.740.650.790.71-0.430.70.380.730.810.590.870.80.58-0.530.740.930.630.740.58
0.96-0.230.90.95-0.120.960.950.930.830.82-0.790.950.760.950.730.590.690.770.96-0.920.790.670.960.910.82
0.760.240.860.710.410.790.820.70.920.85-0.560.820.40.820.850.870.690.960.68-0.610.880.790.730.840.7
0.840.170.90.80.40.870.880.790.960.89-0.590.870.520.880.890.80.770.960.77-0.650.840.780.820.820.8
0.98-0.330.880.99-0.070.960.950.980.840.84-0.780.940.850.930.740.580.960.680.77-0.860.770.711.00.890.87
-0.870.07-0.88-0.840.36-0.87-0.88-0.82-0.76-0.770.91-0.9-0.61-0.91-0.65-0.53-0.92-0.61-0.65-0.86-0.8-0.57-0.88-0.88-0.64
0.820.120.890.770.00.840.870.750.890.92-0.790.880.460.880.830.740.790.880.840.77-0.80.680.810.950.63
0.770.110.80.750.370.80.790.780.80.73-0.510.750.60.780.80.930.670.790.780.71-0.570.680.750.740.72
0.99-0.240.920.99-0.050.980.970.980.880.88-0.810.960.830.960.790.630.960.730.821.0-0.880.810.750.910.88
0.91-0.080.910.88-0.040.910.920.870.870.86-0.80.930.640.930.780.740.910.840.820.89-0.880.950.740.910.76
0.87-0.240.760.890.190.880.810.90.790.71-0.550.770.890.80.650.580.820.70.80.87-0.640.630.720.880.76
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China International Account Relationship Matchups

China International fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets41.9B55.5B75.9B78.9B90.7B95.2B
Other Current Liab9.1B5.8B39.8M72.5M83.4M79.2M
Total Current Liabilities15.7B17.1B17.5B15.3B17.6B18.5B
Total Stockholder Equity22.3B29.6B48.6B53.8B61.9B65.0B
Other Liab496.0M466.8M79.5M59.7M68.6M121.0M
Retained Earnings18.7B26.4B27.4B32.5B37.4B39.3B
Accounts Payable4.3B5.9B7.7B6.4B7.4B7.7B
Cash14.7B16.9B26.9B31.8B36.6B38.4B
Other Assets2.2B3.0B4.1B3.7B4.3B4.5B
Net Receivables128.7M106.0M151.3M138.8M125.0M118.7M
Inventory14.7B19.7B27.9B21.1B24.2B25.4B
Other Current Assets299.9M357.7M975.5M3.7B4.3B4.5B
Total Liab15.7B20.7B21.8B19.7B22.6B23.8B
Intangible Assets2.4B2.4B2.5B2.1B2.5B2.6B
Property Plant Equipment2.8B2.1B2.8B9.0B10.4B10.9B
Net Tangible Assets16.8B19.0B26.4B44.9B51.7B54.2B
Other Stockholder Equity24.5M124.6M(324.3M)(601.8M)(541.6M)(514.5M)
Deferred Long Term Liab336.7M647.8M717.3M812.5M934.3M520.5M
Total Current Assets31.0B38.5B57.2B58.5B67.2B70.6B
Non Current Assets Total10.9B16.9B18.7B20.4B23.5B12.4B
Non Currrent Assets Other551.9M570.3M570.2M1.9B2.2B2.3B
Non Current Liabilities Total79.5M3.5B4.3B4.4B5.0B5.3B
Short Long Term Debt417.4M411.3M1.9B369.4M424.8M533.4M
Net Invested Capital22.7B30.0B53.0B56.7B65.2B33.5B
Net Working Capital15.3B21.4B39.7B43.1B49.6B52.1B
Property Plant And Equipment Net2.8B9.0B9.4B9.5B10.9B7.2B
Property Plant And Equipment Gross3.7B10.1B9.4B9.5B10.9B7.8B

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

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