Concord Total Current Assets from 2010 to 2024

CCM Stock  USD 0.63  0.05  8.62%   
Concord Medical Total Current Assets yearly trend continues to be very stable with very little volatility. Total Current Assets are likely to grow to about 741.5 M this year. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2008-12-31
Previous Quarter
617.2 M
Current Value
617.2 M
Quarterly Volatility
329.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Concord Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Concord main balance sheet or income statement drivers, such as Interest Expense of 174 M, Selling General Administrative of 186.8 M or Total Revenue of 441 M, as well as many exotic indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.14 or Days Sales Outstanding of 47.42. Concord financial statements analysis is a perfect complement when working with Concord Medical Valuation or Volatility modules.
  
This module can also supplement various Concord Medical Technical models . Check out the analysis of Concord Medical Correlation against competitors.

Latest Concord Medical's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Concord Medical Services over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Concord Medical's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Concord Medical's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Concord Total Current Assets Regression Statistics

Arithmetic Mean896,722,463
Geometric Mean826,483,402
Coefficient Of Variation38.53
Mean Deviation294,687,096
Median759,800,000
Standard Deviation345,483,138
Sample Variance119358.6T
Range1.2B
R-Value(0.30)
Mean Square Error117312.6T
R-Squared0.09
Significance0.28
Slope(22,831,369)
Total Sum of Squares1671020.4T

Concord Total Current Assets History

2024741.5 M
2023617.2 M
2022759.8 M
2020676 M
2019282.5 M
20181.2 B
20171.1 B

About Concord Medical Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Concord Medical income statement, its balance sheet, and the statement of cash flows. Concord Medical investors use historical funamental indicators, such as Concord Medical's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Concord Medical investors may use each financial statement separately, they are all related. The changes in Concord Medical's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Concord Medical's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Concord Medical Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Concord Medical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets617.2 M741.5 M
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 Concord Medical 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, Concord Medical's short interest history, or implied volatility extrapolated from Concord Medical options trading.
When determining whether Concord Medical Services is a strong investment it is important to analyze Concord Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Concord Medical's future performance. For an informed investment choice regarding Concord Stock, refer to the following important reports:
Check out the analysis of Concord Medical Correlation against competitors.
Note that the Concord Medical Services information on this page should be used as a complementary analysis to other Concord Medical'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Concord Stock analysis

When running Concord Medical's price analysis, check to measure Concord Medical'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 Concord Medical is operating at the current time. Most of Concord Medical's value examination focuses on studying past and present price action to predict the probability of Concord Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Concord Medical's price. Additionally, you may evaluate how the addition of Concord Medical to your portfolios can decrease your overall portfolio volatility.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Transaction History
View history of all your transactions and understand their impact on performance
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Is Concord Medical'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 Concord Medical. If investors know Concord 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 Concord Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.94)
Revenue Per Share
12.302
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.05)
Return On Equity
(0.28)
The market value of Concord Medical Services is measured differently than its book value, which is the value of Concord that is recorded on the company's balance sheet. Investors also form their own opinion of Concord Medical's value that differs from its market value or its book value, called intrinsic value, which is Concord Medical'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 Concord Medical's market value can be influenced by many factors that don't directly affect Concord Medical'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 Concord Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Concord Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concord Medical'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.