Yuan Total Revenue vs Total Current Liabilities Analysis

000998 Stock   11.09  0.06  0.54%   
Yuan Longping financial indicator trend analysis is more than just analyzing Yuan Longping High current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yuan Longping High is a good investment. Please check the relationship between Yuan Longping Total Revenue and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yuan Longping High tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Revenue vs Total Current Liabilities

Total Revenue vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yuan Longping High Total Revenue account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Yuan Longping's Total Revenue and Total Current Liabilities is 0.93. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Yuan Longping High tech, assuming nothing else is changed. The correlation between historical values of Yuan Longping's Total Revenue and Total Current Liabilities 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 Revenue of Yuan Longping High tech are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Revenue i.e., Yuan Longping's Total Revenue and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Yuan Longping High generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Current Liabilities

Total Current Liabilities is an item on Yuan Longping balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Yuan Longping High tech are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Yuan Longping's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yuan Longping High 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 Yuan Longping High tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 1.3 B, whereas Tax Provision is projected to grow to (11.4 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.2B3.7B3.9B
Research Development208.2M439.3M676.9M710.7M

Yuan Longping fundamental ratios Correlations

0.320.960.60.520.910.950.940.090.960.780.990.970.830.930.470.840.820.980.31-0.680.520.750.980.910.9
0.320.360.550.550.10.320.46-0.030.180.360.290.140.460.570.450.40.040.190.23-0.580.260.660.370.330.57
0.960.360.480.40.910.960.940.060.910.780.980.950.750.910.350.910.670.950.13-0.710.450.710.980.850.86
0.60.550.480.940.30.480.630.230.540.330.50.420.810.680.890.270.460.470.8-0.480.640.840.540.750.79
0.520.550.40.940.20.360.540.220.470.240.420.330.790.640.970.150.440.380.7-0.510.740.820.440.620.74
0.910.10.910.30.20.90.840.040.940.820.940.950.640.820.160.860.790.940.05-0.50.250.490.890.770.68
0.950.320.960.480.360.90.920.120.880.80.960.950.730.870.280.930.710.960.17-0.710.40.670.970.860.84
0.940.460.940.630.540.840.920.080.90.820.930.860.820.910.480.820.650.890.32-0.60.480.770.940.860.89
0.09-0.030.060.230.220.040.120.080.04-0.150.040.120.360.150.140.11-0.050.090.27-0.1-0.06-0.090.010.080.0
0.960.180.910.540.470.940.880.90.040.80.960.940.780.880.460.740.850.950.3-0.530.520.660.920.860.82
0.780.360.780.330.240.820.80.82-0.150.80.810.750.510.740.150.770.680.770.12-0.420.230.540.790.690.66
0.990.290.980.50.420.940.960.930.040.960.810.980.760.910.370.880.810.990.18-0.680.460.710.980.880.87
0.970.140.950.420.330.950.950.860.120.940.750.980.730.850.280.870.810.990.15-0.640.40.610.950.850.79
0.830.460.750.810.790.640.730.820.360.780.510.760.730.880.730.590.640.740.56-0.620.570.740.770.770.83
0.930.570.910.680.640.820.870.910.150.880.740.910.850.880.580.810.70.870.32-0.780.550.810.910.840.92
0.470.450.350.890.970.160.280.480.140.460.150.370.280.730.580.040.420.330.7-0.440.830.770.390.550.7
0.840.40.910.270.150.860.930.820.110.740.770.880.870.590.810.040.560.87-0.06-0.70.130.530.890.710.69
0.820.040.670.460.440.790.710.65-0.050.850.680.810.810.640.70.420.560.830.32-0.440.450.580.740.730.7
0.980.190.950.470.380.940.960.890.090.950.770.990.990.740.870.330.870.830.19-0.650.430.660.970.870.83
0.310.230.130.80.70.050.170.320.270.30.120.180.150.560.320.7-0.060.320.19-0.040.50.430.220.40.46
-0.68-0.58-0.71-0.48-0.51-0.5-0.71-0.6-0.1-0.53-0.42-0.68-0.64-0.62-0.78-0.44-0.7-0.44-0.65-0.04-0.56-0.73-0.72-0.62-0.78
0.520.260.450.640.740.250.40.48-0.060.520.230.460.40.570.550.830.130.450.430.5-0.560.680.490.490.73
0.750.660.710.840.820.490.670.77-0.090.660.540.710.610.740.810.770.530.580.660.43-0.730.680.760.840.94
0.980.370.980.540.440.890.970.940.010.920.790.980.950.770.910.390.890.740.970.22-0.720.490.760.890.9
0.910.330.850.750.620.770.860.860.080.860.690.880.850.770.840.550.710.730.870.4-0.620.490.840.890.87
0.90.570.860.790.740.680.840.890.00.820.660.870.790.830.920.70.690.70.830.46-0.780.730.940.90.87
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Yuan Longping Account Relationship Matchups

Yuan Longping fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.5B13.9B14.0B14.6B27.7B29.1B
Other Current Liab929.4M977.7M1.4B2.2B688.1M648.3M
Total Current Liabilities8.1B4.6B6.5B8.1B12.7B13.3B
Total Stockholder Equity6.2B5.5B5.5B5.0B5.6B2.9B
Retained Earnings2.3B2.4B2.5B1.6B1.7B962.1M
Accounts Payable576.8M411.4M491.4M592.8M1.5B1.6B
Cash1.9B1.6B1.9B2.7B3.9B4.1B
Net Receivables1.7B735.0M983.1M1.7B2.0B2.1B
Short Term Investments129.9M132.5M970.1M378.3M512.9M538.5M
Inventory3.0B2.5B1.9B1.9B4.6B4.8B
Other Current Assets231.1M170.9M163.1M394.0M486.2M510.5M
Total Liab8.6B7.6B7.7B8.9B17.6B18.5B
Intangible Assets1.8B1.8B1.8B1.6B5.1B5.4B
Property Plant Equipment1.5B1.6B1.8B1.9B2.2B2.3B
Other Assets702.6M711.9M597.3M309.1M355.4M280.4M
Other Liab76.0M81.1M248.0M496.3M570.7M599.2M
Long Term Debt355.9M2.9B938.6M196M4.1B4.3B
Good Will1.3B1.6B1.6B1.5B4.6B4.8B
Net Tangible Assets3.3B2.7B2.6B2.1B1.9B2.5B
Other Stockholder Equity(269.0M)(1.1B)(1.3B)(925.7M)(833.1M)(791.5M)
Deferred Long Term Liab623.7M640.1M533.3M282.2M324.6M485.3M
Short Long Term Debt3.5B2.8B2.5B4.0B6.4B6.7B
Total Current Assets7.1B6.1B5.9B6.2B12.0B7.1B
Non Current Assets Total8.4B7.8B8.1B8.4B15.7B9.2B
Non Currrent Assets Other65.3M59.8M52.9M12.8M92.2M70.1M
Non Current Liabilities Total431.8M2.9B1.2B722.8M4.9B5.2B
Non Current Liabilities Other567.7K3.4B354M10.0M2.3M2.2M
Net Debt2.0B4.1B1.5B1.5B6.6B3.7B
Net Invested Capital10.1B11.2B8.9B9.3B16.1B12.4B
Net Working Capital(1.0B)1.5B(646.8M)(2.0B)(667.7M)(634.3M)

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Other Information on Investing in Yuan Stock

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