China Capital Stock vs Net Invested Capital Analysis
| CHNR Stock | USD 0.92 0.04 4.17% |
China Natural financial indicator trend analysis is way more than just evaluating China Natural Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Natural Resources is a good investment. Please check the relationship between China Natural Capital Stock and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Natural Resources. 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.
Capital Stock vs Net Invested Capital
Capital Stock vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Natural Resources Capital Stock account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between China Natural's Capital Stock and Net Invested Capital is 0.87. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of China Natural Resources, assuming nothing else is changed. The correlation between historical values of China Natural's Capital Stock and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of China Natural Resources are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Capital Stock i.e., China Natural's Capital Stock and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.87 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from China Natural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Natural Resources 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 Natural Resources. 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 Natural's Selling General Administrative is relatively stable compared to the past year. As of 05/26/2024, Sales General And Administrative To Revenue is likely to grow to 1.71, while Tax Provision is likely to drop 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 2.8M | 2.5M | 1.6M | 1.7M | Interest Income | 16.9M | 15.6M | 5K | 4.8K |
China Natural fundamental ratios Correlations
Click cells to compare fundamentals
China Natural Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Natural fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 5.6M | 6.3M | 8.1M | 1.6M | 8.2M | 12.0M | |
| Total Assets | 8.3M | 142.4M | 333.4M | 320.0M | 253.8M | 241.1M | |
| Short Long Term Debt Total | 803K | 1.1M | 79.2M | 76.9M | 360K | 342K | |
| Other Current Liab | 31.2M | 28.6M | 47.4M | 39.0M | 177.2M | 176.5M | |
| Total Current Liabilities | 35.9M | 30.9M | 73.7M | 64.7M | 177.8M | 244.8M | |
| Total Stockholder Equity | (27.6M) | 101.2M | 74.7M | 67.8M | 76.0M | 140.8M | |
| Property Plant And Equipment Net | 830K | 1.2M | 3.1M | 3.4M | 399K | 379.1K | |
| Net Debt | (2.6M) | (1.4M) | 20.8M | 45.2M | (4.4M) | (4.2M) | |
| Retained Earnings | (1.0B) | (1.0B) | (1.1B) | (1.1B) | (1.1B) | (1.1B) | |
| Accounts Payable | 215K | 100K | 3.9M | 21.1M | 20.3M | 95K | |
| Cash | 3.4M | 2.5M | 58.4M | 31.7M | 4.8M | 4.5M | |
| Non Current Assets Total | 830K | 1.2M | 123.9M | 123.0M | 247.9M | 347.3M | |
| Non Currrent Assets Other | (799K) | (3.6M) | 10K | 100.2M | 247.5M | 259.9M | |
| Cash And Short Term Investments | 3.4M | 141.1M | 59.4M | 32.7M | 4.8M | 4.5M | |
| Net Receivables | 4.0M | 10K | 140.5M | 157.6M | 3K | 2.9K | |
| Liabilities And Stockholders Equity | 8.3M | 142.4M | 333.4M | 320.0M | 253.8M | 241.1M | |
| Non Current Liabilities Total | 100K | 30M | 10.3M | 77.8M | 77.9M | 0.0 | |
| Inventory | (4.0M) | (7.4M) | 986K | 729K | (3K) | (2.9K) | |
| Other Current Assets | 4.0M | 7.5M | 4.9M | 3.2M | 1.1M | 1.1M | |
| Other Stockholder Equity | 689.8M | 689.6M | (1.0) | 708.3M | 814.5M | 855.3M | |
| Total Liab | 35.9M | 41.2M | 151.4M | 142.5M | 177.8M | 168.9M | |
| Property Plant And Equipment Gross | 830K | 1.2M | 6.8M | 7.3M | 2.0M | 1.9M | |
| Accumulated Other Comprehensive Income | 688.6M | 713.6M | 708.3M | 726.0M | 748.1M | 785.5M | |
| Short Term Debt | 803K | 745K | 4.0M | 4.3M | 360K | 342K | |
| Intangible Assets | 799K | 643K | 20.2M | 19.4M | 22.3M | 23.4M | |
| Short Term Investments | 21K | 20K | 138.7M | 1M | 3K | 2.9K | |
| Property Plant Equipment | 275K | 830K | 1.2M | 3.1M | 3.5M | 3.3M | |
| Long Term Debt | 30M | 77M | 74M | 71M | 81.7M | 85.7M | |
| Net Tangible Assets | (21.8M) | (27.6M) | 101.2M | 54.5M | 49.0M | 51.5M | |
| Capital Lease Obligations | 803K | 1.1M | 2.2M | 2.9M | 360K | 342K | |
| Net Invested Capital | (27.6M) | 101.2M | 148.7M | 141.8M | 76.0M | 63.3M | |
| Net Working Capital | (28.4M) | 110.3M | 135.9M | 132.3M | (171.9M) | (163.3M) |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Natural Resources. 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. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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Is China Natural's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Natural. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Natural listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.14) | Revenue Per Share 2.009 | Quarterly Revenue Growth (0.24) | Return On Assets (0.03) | Return On Equity (0.07) |
The market value of China Natural Resources is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Natural's value that differs from its market value or its book value, called intrinsic value, which is China Natural's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Natural's market value can be influenced by many factors that don't directly affect China Natural's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Natural's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.