China Total Liab vs Other Current Assets Analysis

600007 Stock   20.41  0.19  0.94%   
China World financial indicator trend analysis is way more than just evaluating China World Trade prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China World Trade is a good investment. Please check the relationship between China World Total Liab and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China World Trade. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Total Liab vs Other Current Assets

Total Liab vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China World Trade Total Liab account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between China World's Total Liab and Other Current Assets is 0.39. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of China World Trade, assuming nothing else is changed. The correlation between historical values of China World's Total Liab and Other Current 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 Liab of China World Trade are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Liab i.e., China World's Total Liab and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from China World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China World Trade 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 World Trade. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
The current year's Selling General Administrative is expected to grow to about 119.5 M, whereas Tax Provision is forecasted to decline to about 351.2 M.
 2022 2023 2024 2025 (projected)
Operating Income1.4B1.7B1.7B1.8B
Total Revenue3.4B4.0B3.9B2.1B

China World fundamental ratios Correlations

0.910.290.770.50.52-0.240.830.350.730.89-0.02-0.95-0.250.180.70.580.07-0.660.690.62-0.43-0.66-0.330.020.02
0.910.470.890.70.73-0.440.74-0.070.640.7-0.35-0.92-0.480.030.90.63-0.1-0.850.880.85-0.65-0.78-0.580.230.23
0.290.470.350.150.18-0.780.01-0.36-0.210.08-0.48-0.410.060.370.520.510.35-0.470.580.38-0.12-0.53-0.09-0.14-0.14
0.770.890.350.880.89-0.450.56-0.140.610.54-0.56-0.86-0.62-0.080.920.72-0.21-0.940.850.87-0.87-0.87-0.660.270.27
0.50.70.150.880.98-0.370.37-0.390.510.24-0.65-0.58-0.85-0.290.860.5-0.53-0.850.70.91-0.98-0.71-0.80.430.43
0.520.730.180.890.98-0.380.36-0.410.470.22-0.68-0.58-0.87-0.230.860.48-0.58-0.840.70.95-0.97-0.71-0.820.390.39
-0.24-0.44-0.78-0.45-0.37-0.38-0.070.40.120.010.570.360.17-0.11-0.56-0.51-0.120.56-0.58-0.470.350.550.25-0.04-0.04
0.830.740.010.560.370.36-0.070.330.640.760.26-0.76-0.15-0.160.550.520.1-0.560.610.49-0.28-0.51-0.210.150.15
0.35-0.07-0.36-0.14-0.39-0.410.40.330.310.580.76-0.210.490.37-0.37-0.040.390.33-0.34-0.440.420.190.51-0.49-0.49
0.730.64-0.210.610.510.470.120.640.310.830.02-0.69-0.38-0.070.510.18-0.2-0.450.440.44-0.5-0.39-0.480.370.37
0.890.70.080.540.240.220.010.760.580.830.22-0.84-0.020.260.440.370.22-0.40.470.29-0.2-0.45-0.16-0.01-0.01
-0.02-0.35-0.48-0.56-0.65-0.680.570.260.760.020.220.190.610.03-0.6-0.270.370.58-0.51-0.620.720.510.69-0.33-0.33
-0.95-0.92-0.41-0.86-0.58-0.580.36-0.76-0.21-0.69-0.840.190.27-0.17-0.8-0.73-0.120.79-0.82-0.670.540.830.38-0.01-0.01
-0.25-0.480.06-0.62-0.85-0.870.17-0.150.49-0.38-0.020.610.270.34-0.6-0.120.860.55-0.42-0.780.870.40.85-0.48-0.48
0.180.030.37-0.08-0.29-0.23-0.11-0.160.37-0.070.260.03-0.170.34-0.12-0.160.310.22-0.15-0.170.260.030.1-0.55-0.55
0.70.90.520.920.860.86-0.560.55-0.370.510.44-0.6-0.8-0.6-0.120.71-0.19-0.970.950.94-0.82-0.88-0.670.350.35
0.580.630.510.720.50.48-0.510.52-0.040.180.37-0.27-0.73-0.12-0.160.710.29-0.820.780.54-0.46-0.88-0.07-0.11-0.11
0.07-0.10.35-0.21-0.53-0.58-0.120.10.39-0.20.220.37-0.120.860.31-0.190.290.110.04-0.470.57-0.010.64-0.3-0.3
-0.66-0.85-0.47-0.94-0.85-0.840.56-0.560.33-0.45-0.40.580.790.550.22-0.97-0.820.11-0.95-0.880.820.920.59-0.31-0.31
0.690.880.580.850.70.7-0.580.61-0.340.440.47-0.51-0.82-0.42-0.150.950.780.04-0.950.82-0.67-0.9-0.550.330.33
0.620.850.380.870.910.95-0.470.49-0.440.440.29-0.62-0.67-0.78-0.170.940.54-0.47-0.880.82-0.87-0.75-0.780.360.36
-0.43-0.65-0.12-0.87-0.98-0.970.35-0.280.42-0.5-0.20.720.540.870.26-0.82-0.460.570.82-0.67-0.870.70.84-0.44-0.44
-0.66-0.78-0.53-0.87-0.71-0.710.55-0.510.19-0.39-0.450.510.830.40.03-0.88-0.88-0.010.92-0.9-0.750.70.450.010.01
-0.33-0.58-0.09-0.66-0.8-0.820.25-0.210.51-0.48-0.160.690.380.850.1-0.67-0.070.640.59-0.55-0.780.840.45-0.57-0.57
0.020.23-0.140.270.430.39-0.040.15-0.490.37-0.01-0.33-0.01-0.48-0.550.35-0.11-0.3-0.310.330.36-0.440.01-0.571.0
0.020.23-0.140.270.430.39-0.040.15-0.490.37-0.01-0.33-0.01-0.48-0.550.35-0.11-0.3-0.310.330.36-0.440.01-0.571.0
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China World Account Relationship Matchups

China World fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets12.1B12.7B12.8B12.9B12.3B9.8B
Total Stockholder Equity8.0B8.6B9.1B9.7B9.7B5.8B
Retained Earnings5.1B5.8B5.8B6.3B6.3B6.6B
Accounts Payable72.7M67.1M84.2M97.0M111.4M117.0M
Cash1.9B3.0B3.5B4.1B4.0B4.2B
Other Assets213.2M205.2M194.9M189.7M218.2M261.7M
Inventory34.0M32.7M32.1M32.3M30.7M22.9M
Total Liab4.1B4.1B3.7B3.2B2.7B4.0B
Property Plant Equipment9.4B9.4B9.0B8.6B9.9B7.7B
Long Term Debt2.6B2.1B2.1B1.1B976.5M927.7M
Intangible Assets494.7M479.2M463.8M448.3M432.8M843.3M
Other Current Liab1.2B1.2B39.3M35.7M37.4M35.5M
Total Current Liabilities1.4B1.9B1.6B2.1B1.5B1.5B
Net Tangible Assets6.4B7.1B7.5B8.2B9.4B7.0B
Net Receivables440.5M368.5M377.4M258.2M222.4M333.0M
Other Current Assets51.4M38.1M523.1K287.8K171.7K163.1K
Deferred Long Term Liab136.6M113.8M104.1M107.7M97.0M111.1M
Total Current Assets2.4B3.4B3.9B4.4B4.3B2.6B
Non Current Assets Total9.7B9.3B8.9B8.5B8.0B7.6B
Non Currrent Assets Other27.2M30.1M31.9M37.0M33.8M32.1M
Non Current Liabilities Total2.6B2.2B2.1B1.1B1.1B1.7B
Net Invested Capital10.7B10.8B11.2B10.8B10.7B11.4B
Net Working Capital952.9M1.5B2.4B2.4B2.7B2.9B
Property Plant And Equipment Net1.8B1.7B1.6B1.5B1.4B1.3B
Property Plant And Equipment Gross2.9B3.0B3.0B1.5B1.4B2.0B

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

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