Tianshan Property Plant Equipment vs Total Revenue Analysis

002532 Stock   8.72  0.04  0.46%   
Tianshan Aluminum financial indicator trend analysis is much more than just breaking down Tianshan Aluminum prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianshan Aluminum is a good investment. Please check the relationship between Tianshan Aluminum Property Plant Equipment and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianshan Aluminum Group. 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.

Property Plant Equipment vs Total Revenue

Property Plant Equipment vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianshan Aluminum Property Plant Equipment account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tianshan Aluminum's Property Plant Equipment and Total Revenue is 0.76. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Tianshan Aluminum Group, assuming nothing else is changed. The correlation between historical values of Tianshan Aluminum's Property Plant Equipment and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Tianshan Aluminum Group are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Property Plant Equipment i.e., Tianshan Aluminum's Property Plant Equipment and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Total Revenue

Total revenue comprises all receipts Tianshan Aluminum 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.
Most indicators from Tianshan Aluminum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianshan Aluminum 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 Tianshan Aluminum Group. 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 Discontinued Operations is expected to grow to about 940.8 K, whereas Selling General Administrative is forecasted to decline to about 138.9 M.
 2022 2023 2024 2025 (projected)
Operating Income4.1B3.4B3.9B4.1B
Total Revenue33.0B29.0B33.3B35.0B

Tianshan Aluminum fundamental ratios Correlations

0.00.791.00.960.630.980.820.110.950.241.00.980.930.770.21-0.430.87-0.7-0.240.610.870.581.00.820.86
0.00.41-0.020.020.420.040.110.870.080.440.010.00.160.370.910.410.21-0.050.110.520.30.54-0.03-0.180.0
0.790.410.790.860.850.780.940.380.890.610.790.810.930.990.64-0.260.91-0.87-0.040.940.940.940.780.610.84
1.0-0.020.790.970.610.970.820.110.950.221.00.990.930.770.21-0.420.87-0.7-0.230.610.870.581.00.840.86
0.960.020.860.970.660.910.920.170.990.270.960.980.960.850.29-0.420.9-0.78-0.210.710.90.680.970.860.92
0.630.420.850.610.660.680.790.250.70.860.640.580.80.810.49-0.320.85-0.81-0.090.790.890.840.60.220.76
0.980.040.780.970.910.680.770.080.890.320.990.950.920.740.2-0.440.86-0.69-0.240.590.870.580.970.730.82
0.820.110.940.820.920.790.770.130.930.50.810.840.940.940.39-0.420.9-0.91-0.140.840.90.830.810.710.92
0.110.870.380.110.170.250.080.130.20.120.110.140.180.360.890.430.240.050.020.480.30.440.10.090.1
0.950.080.890.950.990.70.890.930.20.350.940.960.970.90.35-0.380.93-0.83-0.120.770.920.740.950.830.91
0.240.440.610.220.270.860.320.50.120.350.260.180.450.590.42-0.110.54-0.680.220.630.590.730.2-0.20.4
1.00.010.791.00.960.640.990.810.110.940.260.980.930.760.21-0.430.88-0.7-0.240.610.880.581.00.80.85
0.980.00.810.990.980.580.950.840.140.960.180.980.930.80.25-0.350.87-0.71-0.20.650.860.610.990.890.86
0.930.160.930.930.960.80.920.940.180.970.450.930.930.910.37-0.40.94-0.85-0.160.790.950.780.930.740.9
0.770.370.990.770.850.810.740.940.360.90.590.760.80.910.63-0.210.9-0.90.070.960.920.950.760.630.82
0.210.910.640.210.290.490.20.390.890.350.420.210.250.370.630.290.44-0.290.110.760.50.740.190.140.28
-0.430.41-0.26-0.42-0.42-0.32-0.44-0.420.43-0.38-0.11-0.43-0.35-0.4-0.210.29-0.350.360.57-0.05-0.33-0.08-0.43-0.32-0.53
0.870.210.910.870.90.850.860.90.240.930.540.880.870.940.90.44-0.35-0.86-0.070.840.990.830.860.650.95
-0.7-0.05-0.87-0.7-0.78-0.81-0.69-0.910.05-0.83-0.68-0.7-0.71-0.85-0.9-0.290.36-0.86-0.17-0.83-0.86-0.86-0.69-0.52-0.82
-0.240.11-0.04-0.23-0.21-0.09-0.24-0.140.02-0.120.22-0.24-0.2-0.160.070.110.57-0.07-0.170.21-0.080.2-0.24-0.19-0.28
0.610.520.940.610.710.790.590.840.480.770.630.610.650.790.960.76-0.050.84-0.830.210.860.980.60.490.72
0.870.30.940.870.90.890.870.90.30.920.590.880.860.950.920.5-0.330.99-0.86-0.080.860.860.860.610.92
0.580.540.940.580.680.840.580.830.440.740.730.580.610.780.950.74-0.080.83-0.860.20.980.860.560.40.71
1.0-0.030.781.00.970.60.970.810.10.950.21.00.990.930.760.19-0.430.86-0.69-0.240.60.860.560.850.85
0.82-0.180.610.840.860.220.730.710.090.83-0.20.80.890.740.630.14-0.320.65-0.52-0.190.490.610.40.850.71
0.860.00.840.860.920.760.820.920.10.910.40.850.860.90.820.28-0.530.95-0.82-0.280.720.920.710.850.71
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Tianshan Aluminum Account Relationship Matchups

Tianshan Aluminum fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets50.6B53.5B56.7B57.1B65.7B68.9B
Other Current Liab4.0B3.7B2.4B680.2M782.2M743.1M
Total Current Liabilities26.4B25.7B25.8B24.6B28.3B29.7B
Total Stockholder Equity19.3B21.3B22.8B24.1B27.7B29.1B
Retained Earnings5.8B7.7B9.5B9.8B11.3B11.9B
Accounts Payable13.1B13.2B14.4B6.7B7.7B4.9B
Cash10.5B7.6B8.8B7.8B9.0B9.4B
Other Assets1.0B781.1M975.9M1.1B1.2B1.3B
Net Receivables153.6M440.7M716.4M507.8M584.0M357.2M
Inventory5.6B8.8B9.5B9.5B11.0B11.5B
Other Current Assets4.5B4.7B4.6B419.4M482.3M458.2M
Total Liab31.3B32.2B33.9B33.0B37.9B39.8B
Intangible Assets1.1B1.1B1.2B1.5B1.7B1.8B
Property Plant Equipment25.6B27.2B28.7B29.6B34.0B35.7B
Other Liab499.8M547.5M546.4M520.9M599.0M433.2M
Net Tangible Assets11.5B18.2B20.1B21.7B24.9B13.5B
Other Stockholder Equity516.2K510.7K(1.4M)(198.0K)(178.2K)(169.3K)
Total Current Assets21.5B22.7B24.9B21.5B24.7B16.4B
Non Current Assets Total29.0B30.8B31.8B35.6B40.9B43.0B
Non Currrent Assets Other418.8M605.4M649.4M2.8B3.2B3.4B
Non Current Liabilities Total4.9B6.5B8.1B8.4B9.6B10.1B
Short Long Term Debt5.6B4.0B4.1B8.8B10.1B10.6B
Net Invested Capital28.7B30.7B33.6B39.9B45.9B48.2B
Net Working Capital(4.8B)(3.0B)(870.1M)(3.1B)(2.8B)(2.7B)
Property Plant And Equipment Net27.2B28.7B29.6B30.8B35.4B25.7B
Property Plant And Equipment Gross31.9B34.7B37.0B39.9B45.9B31.8B

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Other Information on Investing in Tianshan Stock

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