China Historical Balance Sheet

CGG Stock

CAD 6.79 0.17 2.44%

Trend analysis of China Gold International balance sheet accounts such as Total Current Liabilities of 299.4 M, Total Stockholder Equity of 1 B or Property Plant And Equipment Net of 1.4 B provides information on China Gold's total assets, liabilities, and equity, which is the actual value of China Gold International to its prevalent stockholders. By breaking down trends over time using China Gold balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining China Gold International latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether China Gold International is a good buy for the upcoming year.

China Gold Inventory

306.13 Million

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Gold International. 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.

About China Balance Sheet Analysis

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

China Gold Balance Sheet Chart

At this time, China Gold's Property Plant And Equipment Gross is very stable compared to the past year. As of the 21st of December 2024, Accumulated Other Comprehensive Income is likely to grow to about 102.3 M, while Total Assets are likely to drop about 1.9 B.

Total Assets Total Current Liabilities Total Stockholder Equity Property Plant And Equipment Net Net Debt Capital Stock

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Total Assets

Total assets refers to the total amount of China Gold 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 China Gold International 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.

Total Current Liabilities

Total Current Liabilities is an item on China Gold 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 Gold International 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Most accounts from China Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into China Gold International current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Gold International. 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.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	343.7M	638.6M	305.4M	299.4M
Total Assets	3.3B	3.2B	2.8B	1.9B

Total Current Liabilities Total Assets

China Gold balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Non Currrent Assets Other	Other Assets	Short Term Investments	Short Term Debt	Other Current Liab	Short Long Term Debt Total	Non Current Liabilities Total	Current Deferred Revenue
Total Assets		0.7	0.89	0.94	0.79	0.57	0.72	0.33	0.99	0.33	0.55	0.82	0.75	0.26	-0.25	0.93	0.71	0.81	0.17	0.33	0.16	0.46	0.72	0.88	0.84	-0.44
Total Current Liabilities	0.7		0.48	0.67	0.66	0.29	0.49	0.31	0.66	0.31	0.25	0.45	0.53	0.43	-0.34	0.76	0.44	0.68	0.07	0.13	0.18	0.94	0.6	0.76	0.41	-0.34
Total Stockholder Equity	0.89	0.48		0.78	0.46	0.63	0.61	0.41	0.87	0.41	0.44	0.93	0.58	0.13	-0.06	0.66	0.67	0.75	0.3	0.43	0.12	0.28	0.54	0.57	0.59	-0.41
Property Plant And Equipment Net	0.94	0.67	0.78		0.87	0.56	0.68	0.1	0.96	0.1	0.57	0.69	0.76	0.3	-0.54	0.92	0.75	0.65	0.2	0.24	0.14	0.44	0.69	0.88	0.84	-0.43
Net Debt	0.79	0.66	0.46	0.87		0.29	0.51	-0.15	0.82	-0.15	0.49	0.43	0.72	0.48	-0.5	0.93	0.56	0.46	-0.01	0.13	0.11	0.45	0.62	0.94	0.87	-0.39
Retained Earnings	0.57	0.29	0.63	0.56	0.29		0.41	0.26	0.53	0.26	0.12	0.38	0.81	0.11	-0.36	0.44	0.91	0.6	0.05	-0.13	-0.36	0.15	0.62	0.41	0.46	-0.13
Accounts Payable	0.72	0.49	0.61	0.68	0.51	0.41		0.51	0.7	0.51	0.44	0.54	0.51	-0.12	-0.24	0.7	0.49	0.66	0.06	0.22	0.16	0.3	0.53	0.68	0.67	-0.35
Cash	0.33	0.31	0.41	0.1	-0.15	0.26	0.51		0.2	1.0	0.04	0.35	0.07	-0.33	0.29	0.21	0.1	0.73	-0.05	0.09	0.16	0.29	0.18	0.18	0.09	-0.09
Non Current Assets Total	0.99	0.66	0.87	0.96	0.82	0.53	0.7	0.2		0.2	0.59	0.82	0.74	0.28	-0.29	0.93	0.7	0.72	0.21	0.38	0.17	0.41	0.7	0.87	0.86	-0.45
Cash And Short Term Investments	0.33	0.31	0.41	0.1	-0.15	0.26	0.51	1.0	0.2		0.04	0.35	0.07	-0.33	0.29	0.21	0.1	0.73	-0.05	0.09	0.16	0.29	0.18	0.18	0.09	-0.09
Net Receivables	0.55	0.25	0.44	0.57	0.49	0.12	0.44	0.04	0.59	0.04		0.38	0.29	-0.25	-0.18	0.55	0.22	0.25	0.55	0.5	0.45	-0.01	0.57	0.47	0.58	0.24
Common Stock Shares Outstanding	0.82	0.45	0.93	0.69	0.43	0.38	0.54	0.35	0.82	0.35	0.38		0.43	0.2	0.08	0.6	0.52	0.63	0.38	0.62	0.07	0.3	0.37	0.52	0.53	-0.58
Inventory	0.75	0.53	0.58	0.76	0.72	0.81	0.51	0.07	0.74	0.07	0.29	0.43		0.37	-0.43	0.77	0.91	0.64	0.08	0.0	-0.35	0.33	0.8	0.77	0.77	-0.28
Other Current Assets	0.26	0.43	0.13	0.3	0.48	0.11	-0.12	-0.33	0.28	-0.33	-0.25	0.2	0.37		-0.2	0.33	0.32	0.14	-0.12	-0.02	-0.26	0.49	0.06	0.39	0.2	-0.47
Other Stockholder Equity	-0.25	-0.34	-0.06	-0.54	-0.5	-0.36	-0.24	0.29	-0.29	0.29	-0.18	0.08	-0.43	-0.2		-0.37	-0.5	-0.06	-0.12	0.31	0.11	-0.29	-0.3	-0.41	-0.31	0.14
Total Liab	0.93	0.76	0.66	0.92	0.93	0.44	0.7	0.21	0.93	0.21	0.55	0.6	0.77	0.33	-0.37		0.63	0.74	0.04	0.21	0.17	0.53	0.74	0.99	0.9	-0.39
Property Plant And Equipment Gross	0.71	0.44	0.67	0.75	0.56	0.91	0.49	0.1	0.7	0.1	0.22	0.52	0.91	0.32	-0.5	0.63		0.58	0.14	0.04	-0.45	0.29	0.62	0.63	0.63	-0.39
Total Current Assets	0.81	0.68	0.75	0.65	0.46	0.6	0.66	0.73	0.72	0.73	0.25	0.63	0.64	0.14	-0.06	0.74	0.58		-0.01	0.07	0.11	0.53	0.63	0.7	0.58	-0.28
Non Currrent Assets Other	0.17	0.07	0.3	0.2	-0.01	0.05	0.06	-0.05	0.21	-0.05	0.55	0.38	0.08	-0.12	-0.12	0.04	0.14	-0.01		0.65	-0.01	-0.03	0.23	-0.03	0.02	0.07
Other Assets	0.33	0.13	0.43	0.24	0.13	-0.13	0.22	0.09	0.38	0.09	0.5	0.62	0.0	-0.02	0.31	0.21	0.04	0.07	0.65		0.06	0.02	0.1	0.15	0.21	-0.29
Short Term Investments	0.16	0.18	0.12	0.14	0.11	-0.36	0.16	0.16	0.17	0.16	0.45	0.07	-0.35	-0.26	0.11	0.17	-0.45	0.11	-0.01	0.06		0.08	0.07	0.08	0.04	0.36
Short Term Debt	0.46	0.94	0.28	0.44	0.45	0.15	0.3	0.29	0.41	0.29	-0.01	0.3	0.33	0.49	-0.29	0.53	0.29	0.53	-0.03	0.02	0.08		0.34	0.55	0.13	-0.37
Other Current Liab	0.72	0.6	0.54	0.69	0.62	0.62	0.53	0.18	0.7	0.18	0.57	0.37	0.8	0.06	-0.3	0.74	0.62	0.63	0.23	0.1	0.07	0.34		0.68	0.66	0.05
Short Long Term Debt Total	0.88	0.76	0.57	0.88	0.94	0.41	0.68	0.18	0.87	0.18	0.47	0.52	0.77	0.39	-0.41	0.99	0.63	0.7	-0.03	0.15	0.08	0.55	0.68		0.9	-0.44
Non Current Liabilities Total	0.84	0.41	0.59	0.84	0.87	0.46	0.67	0.09	0.86	0.09	0.58	0.53	0.77	0.2	-0.31	0.9	0.63	0.58	0.02	0.21	0.04	0.13	0.66	0.9		-0.35
Current Deferred Revenue	-0.44	-0.34	-0.41	-0.43	-0.39	-0.13	-0.35	-0.09	-0.45	-0.09	0.24	-0.58	-0.28	-0.47	0.14	-0.39	-0.39	-0.28	0.07	-0.29	0.36	-0.37	0.05	-0.44	-0.35

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China Gold Account Relationship Matchups

China Gold balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2B	3.3B	3.3B	3.2B	2.8B	1.9B
Total Current Liabilities	928.7M	442.8M	343.7M	638.6M	305.4M	299.4M
Total Stockholder Equity	1.4B	1.6B	1.8B	1.9B	1.7B	1.0B
Property Plant And Equipment Net	2.6B	2.7B	2.7B	2.4B	2.3B	1.4B
Net Debt	1.1B	982.2M	765.1M	406.6M	670.7M	435.4M
Retained Earnings	199.5M	295.5M	482.2M	571.2M	380.4M	399.4M
Accounts Payable	38.6M	45.6M	43.3M	38.8M	18.9M	29.0M
Cash	182.3M	243.3M	208.1M	428.5M	97.2M	155.2M
Non Current Assets Total	2.7B	2.7B	2.7B	2.5B	2.4B	1.5B
Cash And Short Term Investments	182.3M	243.3M	208.1M	428.5M	97.2M	155.4M
Net Receivables	26.0M	16.8M	25.9M	8.7M	1.4M	1.3M
Liabilities And Stockholders Equity	3.2B	3.3B	3.3B	3.2B	2.8B	1.9B
Inventory	281.1M	297.7M	299.6M	293.1M	291.6M	306.1M
Other Current Assets	30.0M	27.3M	32.5M	10.1M	68.0M	71.4M
Total Liab	1.7B	1.7B	1.4B	1.3B	1.1B	842.2M
Property Plant And Equipment Gross	2.6B	2.7B	3.8B	3.7B	3.7B	3.9B
Total Current Assets	519.4M	585.1M	541.4M	732.6M	476.2M	320.0M
Accumulated Other Comprehensive Income	6.8M	53.9M	104.7M	83.7M	97.4M	102.3M
Non Currrent Assets Other	37.0M	19.2M	19.6M	18.7M	16.6M	22.2M
Other Assets	37.0M	26.2M	25.6M	18.7M	21.5M	30.0M
Short Term Debt	611.7M	140.4M	98.1M	400.1M	144.1M	220.0M
Other Current Liab	408.6M	415.2M	310.2M	322.7M	137.8M	167.8M
Short Long Term Debt Total	1.2B	1.2B	973.3M	835.1M	767.9M	754.6M
Non Current Liabilities Total	817.7M	1.3B	1.1B	652.8M	801.6M	693.7M
Current Deferred Revenue	6.8M	2.9M	10.3M	6.3M	71K	67.5K
Other Liab	185.1M	199.3M	204.8M	217.8M	250.5M	203.0M
Net Tangible Assets	1.4B	1.6B	1.8B	1.9B	2.2B	1.7B
Long Term Debt	632.1M	1.1B	873.0M	433.5M	622.9M	822.2M
Long Term Investments	17.1M	20.8M	29.0M	37.3M	47.2M	26.9M
Short Long Term Debt	611.6M	140.3M	97.6M	399.6M	143.5M	256.3M
Property Plant Equipment	2.6B	2.7B	2.7B	2.4B	2.8B	2.7B
Long Term Debt Total	632.6M	1.1B	875.1M	435.0M	391.5M	664.0M
Cash And Equivalents	182.3M	243.3M	208.1M	428.5M	492.7M	517.4M
Net Invested Capital	2.7B	2.8B	2.8B	2.7B	2.5B	2.2B
Net Working Capital	(409.4M)	142.3M	197.8M	94.0M	170.8M	179.3M

Pair Trading with China Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Gold will appreciate offsetting losses from the drop in the long position's value.

Moving against China Stock

0.51	PIC-A	Premium Income Split	Pair Corr
0.5	ORE	Orezone Gold Corp	Pair Corr
0.49	INFM	Infinico Metals Corp	Pair Corr
0.48	MAC	Themac Resources	Pair Corr

The ability to find closely correlated positions to China Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Gold International to buy it.

The correlation of China Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Gold International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for China Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in China Stock

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China Historical Balance Sheet

China Gold Inventory

306.13 Million

About China Balance Sheet Analysis

China Gold Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Property Plant And Equipment Net

Net Debt

Capital Stock

China Gold balance sheet Correlations

China Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Gold balance sheet Accounts

Pair Trading with China Gold

Moving against China Stock

Other Information on Investing in China Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Short Long Term Debt Total	+ 0.99	Total Liab
Non Current Assets Total	+ 0.96	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.94	Total Assets
Short Term Debt	+ 0.94	Total Current Liabilities

Current Deferred Revenue	- 0.58	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.54	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.5	Other Stockholder Equity
Other Stockholder Equity	- 0.5	Net Debt
Current Deferred Revenue	- 0.47	Other Current Assets
Short Term Investments	- 0.45	Property Plant And Equipment Gross