Nanhua Non Currrent Assets Other vs Deferred Long Term Liab Analysis

000504 Stock   10.30  0.12  1.15%   
Nanhua Bio financial indicator trend analysis is infinitely more than just investigating Nanhua Bio Medicine recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanhua Bio Medicine is a good investment. Please check the relationship between Nanhua Bio Non Currrent Assets Other and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanhua Bio Medicine. 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.

Non Currrent Assets Other vs Deferred Long Term Liab

Non Currrent Assets Other vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nanhua Bio Medicine Non Currrent Assets Other account and Deferred Long Term Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Nanhua Bio's Non Currrent Assets Other and Deferred Long Term Liab is -0.72. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Nanhua Bio Medicine, assuming nothing else is changed. The correlation between historical values of Nanhua Bio's Non Currrent Assets Other and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Nanhua Bio Medicine are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Non Currrent Assets Other i.e., Nanhua Bio's Non Currrent Assets Other and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Nanhua Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanhua Bio Medicine 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 Nanhua Bio Medicine. 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.
The current year's Tax Provision is expected to grow to about 3.2 M, whereas Selling General Administrative is forecasted to decline to about 43 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue45.7M70.5M43.7M69.4M
Total Revenue156.6M200.3M136.8M117.7M

Nanhua Bio fundamental ratios Correlations

0.160.790.6-0.130.910.760.770.220.370.370.79-0.620.17-0.28-0.41-0.040.57-0.17-0.550.0-0.580.530.73-0.690.78
0.160.45-0.12-0.170.31-0.190.54-0.08-0.030.570.450.310.210.02-0.070.090.220.05-0.16-0.2-0.190.270.35-0.20.28
0.790.450.17-0.020.90.520.88-0.210.020.641.0-0.19-0.07-0.29-0.61-0.260.61-0.09-0.560.0-0.520.610.86-0.760.89
0.6-0.120.17-0.410.320.430.330.760.65-0.160.16-0.470.6-0.120.30.490.16-0.26-0.1-0.11-0.320.030.2-0.090.31
-0.13-0.17-0.02-0.41-0.08-0.06-0.19-0.37-0.11-0.05-0.010.11-0.210.22-0.11-0.28-0.330.46-0.150.090.430.040.01-0.1-0.16
0.910.310.90.32-0.080.760.8-0.050.070.470.9-0.55-0.01-0.2-0.61-0.270.65-0.16-0.61-0.06-0.650.630.86-0.740.88
0.76-0.190.520.43-0.060.760.29-0.05-0.08-0.030.53-0.88-0.13-0.05-0.6-0.460.53-0.15-0.490.05-0.640.550.71-0.540.71
0.770.540.880.33-0.190.80.290.120.310.720.86-0.090.2-0.31-0.320.120.59-0.3-0.53-0.2-0.520.320.64-0.70.75
0.22-0.08-0.210.76-0.37-0.05-0.050.120.84-0.32-0.22-0.130.82-0.160.720.88-0.18-0.110.23-0.10.04-0.19-0.260.35-0.22
0.37-0.030.020.65-0.110.07-0.080.310.84-0.060.020.00.7-0.390.580.83-0.140.120.050.080.16-0.03-0.110.06-0.13
0.370.570.64-0.16-0.050.47-0.030.72-0.32-0.060.630.12-0.15-0.21-0.4-0.130.46-0.35-0.31-0.11-0.30.10.3-0.610.55
0.790.451.00.16-0.010.90.530.86-0.220.020.63-0.19-0.07-0.28-0.61-0.270.61-0.06-0.540.03-0.520.640.86-0.750.89
-0.620.31-0.19-0.470.11-0.55-0.88-0.09-0.130.00.12-0.190.03-0.050.370.32-0.350.270.420.110.52-0.24-0.390.38-0.45
0.170.21-0.070.6-0.21-0.01-0.130.20.820.7-0.15-0.070.03-0.310.670.79-0.16-0.050.14-0.20.03-0.13-0.110.25-0.1
-0.280.02-0.29-0.120.22-0.2-0.05-0.31-0.16-0.39-0.21-0.28-0.05-0.310.03-0.26-0.150.040.170.00.07-0.05-0.150.24-0.16
-0.41-0.07-0.610.3-0.11-0.61-0.6-0.320.720.58-0.4-0.610.370.670.030.82-0.710.20.53-0.080.62-0.48-0.660.7-0.66
-0.040.09-0.260.49-0.28-0.27-0.460.120.880.83-0.13-0.270.320.79-0.260.82-0.27-0.040.4-0.030.25-0.31-0.460.45-0.39
0.570.220.610.16-0.330.650.530.59-0.18-0.140.460.61-0.35-0.16-0.15-0.71-0.27-0.59-0.310.12-0.940.410.54-0.580.7
-0.170.05-0.09-0.260.46-0.16-0.15-0.3-0.110.12-0.35-0.060.27-0.050.040.2-0.04-0.590.110.390.670.410.060.23-0.34
-0.55-0.16-0.56-0.1-0.15-0.61-0.49-0.530.230.05-0.31-0.540.420.140.170.530.4-0.310.110.560.37-0.07-0.720.88-0.55
0.0-0.20.0-0.110.09-0.060.05-0.2-0.10.08-0.110.030.11-0.20.0-0.08-0.030.120.390.560.110.61-0.10.27-0.08
-0.58-0.19-0.52-0.320.43-0.65-0.64-0.520.040.16-0.3-0.520.520.030.070.620.25-0.940.670.370.11-0.31-0.560.52-0.71
0.530.270.610.030.040.630.550.32-0.19-0.030.10.64-0.24-0.13-0.05-0.48-0.310.410.41-0.070.61-0.310.65-0.260.51
0.730.350.860.20.010.860.710.64-0.26-0.110.30.86-0.39-0.11-0.15-0.66-0.460.540.06-0.72-0.1-0.560.65-0.770.85
-0.69-0.2-0.76-0.09-0.1-0.74-0.54-0.70.350.06-0.61-0.750.380.250.240.70.45-0.580.230.880.270.52-0.26-0.77-0.76
0.780.280.890.31-0.160.880.710.75-0.22-0.130.550.89-0.45-0.1-0.16-0.66-0.390.7-0.34-0.55-0.08-0.710.510.85-0.76
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Nanhua Bio Account Relationship Matchups

Nanhua Bio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets268.3M556.1M659.2M553.1M771.4M810.0M
Other Current Liab51.2M75.8M398.0M143.0M11.5M10.9M
Total Current Liabilities149.6M418.3M529.0M455.2M452.4M256.0M
Total Stockholder Equity18.4M26.6M16.6M13.8M256.9M155.6M
Other Liab4.3M3.4M3.0M3.2M2.9M2.8M
Accounts Payable15.6M60.7M89.6M82.0M82.2M86.3M
Cash69.4M67.0M153.0M218.1M493.8M518.5M
Net Receivables52.7M188.8M202.2M158.8M123.2M80.5M
Short Term Investments961.9K657.3K501.8K1.7M1.7M3.2M
Inventory18.4M14.9M10.6M4.5M10.7M20.3M
Other Current Assets1.7M174.5M150.3M5.4M7.2M6.9M
Total Liab153.9M421.7M548.9M473.2M466.7M262.8M
Property Plant Equipment11.7M11.6M35.9M35.9M32.3M30.4M
Other Assets81.8M45.8M92.1M86.6M99.6M140.9M
Intangible Assets2.9M1.5M217.8K361.3K440.8K418.8K
Retained Earnings(445.0M)(436.8M)(455.9M)(468.6M)(531.1M)(504.5M)
Net Tangible Assets4.3M13.8M8.0M5.0M5.7M6.0M
Non Current Assets Total124.7M76.4M142.6M136.8M116.5M108.6M
Non Currrent Assets Other73.2K3.4M1.5M645.1K38.0K36.1K
Non Current Liabilities Total4.3M3.4M19.9M18.0M14.3M13.5M
Deferred Long Term Liab46.8M41.4M89.6M85.7M98.5M59.4M
Short Long Term Debt50.1M13.0M32.9M63.1M28.1M53.3M
Total Current Assets143.6M479.7M516.6M416.2M654.9M381.0M
Net Invested Capital68.5M39.6M49.6M76.9M285.1M299.3M
Net Working Capital(6.0M)61.4M(12.4M)(38.9M)202.5M212.6M

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Other Information on Investing in Nanhua Stock

Balance Sheet is a snapshot of the financial position of Nanhua Bio Medicine at a specified time, usually calculated after every quarter, six months, or one year. Nanhua Bio Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nanhua Bio 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 Nanhua currently owns. An asset can also be divided into two categories, current and non-current.