Changchun Other Liab vs Deferred Long Term Liab Analysis

002338 Stock   41.76  3.00  6.70%   
Changchun financial indicator trend analysis is way more than just evaluating Changchun UP Optotech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changchun UP Optotech is a good investment. Please check the relationship between Changchun Other Liab and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changchun UP Optotech. 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.

Other Liab vs Deferred Long Term Liab

Other Liab vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changchun UP Optotech Other Liab account and Deferred Long Term Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Changchun's Other Liab and Deferred Long Term Liab is -0.36. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Changchun UP Optotech, assuming nothing else is changed. The correlation between historical values of Changchun's Other Liab 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 Other Liab of Changchun UP Optotech 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 Other Liab i.e., Changchun's Other Liab and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Liab

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Changchun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changchun UP Optotech 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 Changchun UP Optotech. 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 45.7 M, whereas Tax Provision is forecasted to decline to about 2.3 M.
 2021 2022 2023 2024 (projected)
Operating Income58.6M54.8M96.3M50.6M
Total Revenue546.8M627.1M773.5M812.1M

Changchun fundamental ratios Correlations

-0.280.910.730.940.670.720.220.810.750.410.92-0.190.910.760.540.960.630.64-0.520.540.850.83-0.660.92-0.19
-0.28-0.14-0.22-0.14-0.370.090.19-0.52-0.22-0.31-0.420.11-0.130.03-0.46-0.24-0.60.170.63-0.47-0.14-0.020.49-0.11-0.18
0.91-0.140.460.990.380.560.320.640.750.10.74-0.531.00.70.270.890.450.54-0.290.320.870.84-0.530.99-0.36
0.73-0.220.460.540.930.830.180.690.480.70.80.350.460.520.810.660.630.57-0.60.730.680.7-0.620.490.11
0.94-0.140.990.540.460.630.290.690.750.170.8-0.420.990.730.350.920.470.63-0.360.390.880.87-0.581.0-0.35
0.67-0.370.380.930.460.84-0.130.780.570.590.850.430.40.380.910.560.780.62-0.760.880.640.66-0.690.430.27
0.720.090.560.830.630.84-0.010.650.630.370.790.330.580.560.680.650.540.84-0.530.660.760.83-0.550.620.04
0.220.190.320.180.29-0.13-0.01-0.10.060.0-0.08-0.440.280.14-0.240.19-0.13-0.20.29-0.270.30.210.090.25-0.19
0.81-0.520.640.690.690.780.65-0.10.630.440.90.080.650.520.630.720.730.57-0.670.650.670.64-0.560.66-0.03
0.75-0.220.750.480.750.570.630.060.63-0.10.77-0.240.750.380.460.640.750.54-0.490.550.780.73-0.730.740.3
0.41-0.310.10.70.170.590.370.00.44-0.10.470.40.10.510.540.470.270.12-0.30.370.20.2-0.190.11-0.17
0.92-0.420.740.80.80.850.79-0.080.90.770.470.070.750.630.740.860.80.7-0.730.750.770.77-0.740.770.03
-0.190.11-0.530.35-0.420.430.33-0.440.08-0.240.40.07-0.5-0.10.39-0.230.090.29-0.320.29-0.31-0.20.01-0.440.4
0.91-0.131.00.460.990.40.580.280.650.750.10.75-0.50.710.290.90.440.59-0.30.340.880.86-0.541.0-0.37
0.760.030.70.520.730.380.560.140.520.380.510.63-0.10.710.180.870.10.46-0.080.080.590.61-0.270.71-0.37
0.54-0.460.270.810.350.910.68-0.240.630.460.540.740.390.290.180.430.790.51-0.790.970.520.55-0.780.320.27
0.96-0.240.890.660.920.560.650.190.720.640.470.86-0.230.90.870.430.480.56-0.40.40.790.77-0.570.89-0.29
0.63-0.60.450.630.470.780.54-0.130.730.750.270.80.090.440.10.790.480.38-0.80.860.570.5-0.730.430.4
0.640.170.540.570.630.620.84-0.20.570.540.120.70.290.590.460.510.560.38-0.530.560.580.72-0.50.65-0.11
-0.520.63-0.29-0.6-0.36-0.76-0.530.29-0.67-0.49-0.3-0.73-0.32-0.3-0.08-0.79-0.4-0.8-0.53-0.83-0.39-0.40.75-0.34-0.27
0.54-0.470.320.730.390.880.66-0.270.650.550.370.750.290.340.080.970.40.860.56-0.830.550.58-0.790.370.29
0.85-0.140.870.680.880.640.760.30.670.780.20.77-0.310.880.590.520.790.570.58-0.390.550.97-0.610.88-0.18
0.83-0.020.840.70.870.660.830.210.640.730.20.77-0.20.860.610.550.770.50.72-0.40.580.97-0.630.88-0.22
-0.660.49-0.53-0.62-0.58-0.69-0.550.09-0.56-0.73-0.19-0.740.01-0.54-0.27-0.78-0.57-0.73-0.50.75-0.79-0.61-0.63-0.56-0.29
0.92-0.110.990.491.00.430.620.250.660.740.110.77-0.441.00.710.320.890.430.65-0.340.370.880.88-0.56-0.37
-0.19-0.18-0.360.11-0.350.270.04-0.19-0.030.3-0.170.030.4-0.37-0.370.27-0.290.4-0.11-0.270.29-0.18-0.22-0.29-0.37
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Changchun Account Relationship Matchups

Changchun fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.1B1.2B1.9B2.2B2.3B
Other Current Liab27.0M23.2M41.4M107.6M8.4M8.0M
Total Current Liabilities82.9M72.9M102.7M312.4M412.2M432.8M
Total Stockholder Equity848.7M892.1M962.5M1.1B1.2B733.5M
Other Liab31.1M34.1M39.4M168.5M193.7M203.4M
Retained Earnings358.2M392.2M426.3M463.8M474.7M255.4M
Accounts Payable42.3M41.9M54.1M96.7M64.0M35.0M
Cash127.4M146.8M136.4M137.0M315.1M193.4M
Other Assets27.2M19.3M28.0M32.6M37.5M39.4M
Long Term Debt8.5M7.9M1.2M98.7M114.2M119.9M
Net Receivables255.6M166.4M233.0M214.3M268.8M199.6M
Inventory264.6M290.8M332.7M422.2M424.0M445.2M
Other Current Assets82.7M84.9M94.2M96.7M347.2K329.8K
Total Liab115.2M107.0M146.3M585.3M711.2M746.7M
Intangible Assets16.4M19.0M16.7M63.7M56.9M59.8M
Property Plant Equipment176.8M183.3M191.4M326.8M375.8M394.6M
Net Tangible Assets831.9M868.2M945.5M778.6M895.4M879.0M
Deferred Long Term Liab1.0M777.0K986.3K1.1M1.0M910.3K
Total Current Assets731.9M743.4M806.2M991.9M1.2B881.4M
Non Current Assets Total308.5M340.1M390.0M939.1M1.0B527.5M
Non Currrent Assets Other18.0M5.7M12.3M9.7M5.0M8.8M
Non Current Liabilities Total32.4M34.1M43.6M272.9M299.0M313.9M
Other Stockholder Equity19.5K3.0M1.6M(359.0K)(412.8K)(392.2K)
Net Invested Capital848.7M892.1M962.5M1.3B1.5B1.1B
Net Working Capital649.1M670.4M703.5M679.5M756.9M737.9M

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Other Information on Investing in Changchun Stock

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