China Historical Cash Flow
| CGG Stock | CAD 8.55 0.04 0.47% |
Analysis of China Gold cash flow over time is an excellent tool to project China Gold International future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Depreciation of 70 M or Other Non Cash Items of 10.4 M as it is a great indicator of China Gold ability to facilitate future growth, repay debt on time or pay out dividends.
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 |
About China Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in China balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which China's non-liquid assets can be easily converted into cash.
China Gold Cash Flow Chart
China Cash Flow Statement became part of mandatory reporting in 1987. It is now one of three main statements in accounting used to measure how well a company manages its liquidity and overall cash position. The rate of cash utilization and preservation is now part of the leading indicators of a healthy entity, and the China Gold International Cash Flow Statement shows how well the company generates cash to payout debt obligations or to cover ongoing operating expenses.
At this time, China Gold's Other Cashflows From Investing Activities is very stable compared to the past year. As of the 16th of April 2024, Change To Netincome is likely to grow to about 17.1 M, though Change In Cash is likely to grow to (308.7 M). Add Fundamental
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Capital Expenditures
Capital Expenditures are funds used by China Gold International to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of China Gold operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most accounts from China Gold's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement 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 cash flow statement 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, China Gold's Other Cashflows From Investing Activities is very stable compared to the past year. As of the 16th of April 2024, Change To Netincome is likely to grow to about 17.1 M, though Change In Cash is likely to grow to (308.7 M).
China Gold cash flow statement Correlations
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China Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Gold cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 44.3M | 61.0M | (35.2M) | 220.3M | (325.0M) | (308.7M) | |
| Free Cash Flow | 27.7M | 109.1M | 263.2M | 401.7M | (59.9M) | (56.9M) | |
| Begin Period Cash Flow | 138.0M | 182.3M | 243.3M | 208.1M | 428.5M | 449.9M | |
| Other Cashflows From Financing Activities | 122.3M | 599.7M | (413K) | (700K) | (805K) | (764.8K) | |
| Depreciation | 173.8M | 187.2M | 175.8M | 208.0M | 121.7M | 70.0M | |
| Other Non Cash Items | (28.0M) | (26.7M) | (54.8M) | (38.4M) | 9.9M | 10.4M | |
| Capital Expenditures | 130.6M | 151.4M | 154.1M | 45.6M | 61.5M | 122.6M | |
| Total Cash From Operating Activities | 158.3M | 260.5M | 417.3M | 447.3M | 1.6M | 1.5M | |
| Net Income | (24.8M) | 125.4M | 311.6M | 275.3M | (25.5M) | (24.2M) | |
| Total Cash From Financing Activities | 15.0M | (71.6M) | (307.5M) | (185.3M) | (205.2M) | (195.0M) | |
| End Period Cash Flow | 182.3M | 243.3M | 208.1M | 428.5M | 97.2M | 155.2M | |
| Change In Working Capital | 37.4M | (25.4M) | (15.4M) | 2.4M | (54.1M) | (51.4M) | |
| Change To Inventory | 679K | (14.9M) | (631K) | 2.8M | 820K | 861K | |
| Change To Account Receivables | 4.9M | (11.5M) | (4.6M) | 12.9M | 14.9M | 15.6M | |
| Investments | (128.0M) | (184K) | (88K) | (33.3M) | (121.3M) | (127.4M) | |
| Net Borrowings | 15.1M | (71.3M) | (258.7M) | (85.5M) | (77.0M) | (73.1M) | |
| Total Cashflows From Investing Activities | (128.0M) | (133.2M) | (150.7M) | (33.3M) | (38.3M) | (40.3M) | |
| Change To Operating Activities | 13.5M | 3.2M | 2.1M | 318K | 365.7K | 347.4K | |
| Other Cashflows From Investing Activities | 561K | 18.4M | (5.8M) | 12.2M | 14.1M | 14.8M | |
| Change To Netincome | (20.0M) | (13.2M) | (10.5M) | 14.1M | 16.2M | 17.1M | |
| Change To Liabilities | 18.3M | (2.3M) | (12.3M) | (13.7M) | (12.4M) | (11.7M) |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards China Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, China Gold's short interest history, or implied volatility extrapolated from China Gold options trading.
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 together with China Stock
| 0.67 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.89 | ELF | E L Financial | PairCorr |
| 0.79 | FFH | Fairfax Financial | PairCorr |
Moving against China Stock
| 0.85 | SEC | Senvest Capital | PairCorr |
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.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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the China Gold International information on this page should be used as a complementary analysis to other China Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for China Stock analysis
When running China Gold's price analysis, check to measure China Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Gold is operating at the current time. Most of China Gold's value examination focuses on studying past and present price action to predict the probability of China Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Gold's price. Additionally, you may evaluate how the addition of China Gold to your portfolios can decrease your overall portfolio volatility.
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