Muyuan Non Current Assets Total vs Intangible Assets Analysis

002714 Stock   40.50  0.49  1.20%   
Muyuan Foodstuff financial indicator trend analysis is infinitely more than just investigating Muyuan Foodstuff recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Muyuan Foodstuff is a good investment. Please check the relationship between Muyuan Foodstuff Non Current Assets Total and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Muyuan Foodstuff Co. 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 Current Assets Total vs Intangible Assets

Non Current Assets Total vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Muyuan Foodstuff Non Current Assets Total account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Muyuan Foodstuff's Non Current Assets Total and Intangible Assets is 0.98. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Muyuan Foodstuff Co, assuming nothing else is changed. The correlation between historical values of Muyuan Foodstuff's Non Current Assets Total and Intangible Assets 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 Current Assets Total of Muyuan Foodstuff Co are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Non Current Assets Total i.e., Muyuan Foodstuff's Non Current Assets Total and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Muyuan Foodstuff's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Muyuan Foodstuff 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 Muyuan Foodstuff Co. 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 Selling General Administrative is expected to grow to about 3.2 B, whereas Tax Provision is forecasted to decline to (2.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit13.2B21.8B3.4B3.3B
Research Development808.1M1.1B1.7B1.7B

Muyuan Foodstuff fundamental ratios Correlations

0.960.510.990.991.00.450.930.990.960.961.00.540.960.860.981.00.520.950.991.00.920.980.99-0.410.99
0.960.410.990.930.970.280.990.920.880.910.960.360.910.730.950.980.430.920.980.970.990.960.94-0.380.94
0.510.410.460.570.48-0.110.350.560.450.570.490.540.570.620.470.50.480.60.460.540.390.480.530.040.46
0.990.990.460.971.00.40.970.960.940.940.990.480.940.80.981.00.490.941.00.990.960.980.98-0.40.98
0.990.930.570.970.980.450.880.990.940.980.990.550.980.910.960.980.560.960.970.990.890.980.99-0.390.97
1.00.970.481.00.980.450.940.980.960.951.00.530.950.840.991.00.50.931.00.990.930.980.99-0.420.99
0.450.28-0.110.40.450.450.250.470.640.360.480.640.360.490.510.390.30.260.430.390.170.390.48-0.270.54
0.930.990.350.970.880.940.250.870.850.850.930.320.850.660.930.960.370.870.960.930.990.930.9-0.370.92
0.990.920.560.960.990.980.470.870.950.960.980.580.960.940.960.970.50.930.960.980.870.960.97-0.430.97
0.960.880.450.940.940.960.640.850.950.880.970.710.880.840.980.940.510.850.950.940.810.910.96-0.430.98
0.960.910.570.940.980.950.360.850.960.880.950.451.00.880.90.950.590.990.930.980.890.970.96-0.40.91
1.00.960.490.990.991.00.480.930.980.970.950.560.950.860.990.990.520.930.990.990.920.980.99-0.410.99
0.540.360.540.480.550.530.640.320.580.710.450.560.450.610.630.50.290.410.520.50.240.420.55-0.190.62
0.960.910.570.940.980.950.360.850.960.881.00.950.450.880.90.950.590.990.930.980.890.970.96-0.40.91
0.860.730.620.80.910.840.490.660.940.840.880.860.610.880.820.830.470.810.810.870.670.820.85-0.440.84
0.980.950.470.980.960.990.510.930.960.980.90.990.630.90.820.980.440.880.990.960.890.940.97-0.41.0
1.00.980.51.00.981.00.390.960.970.940.950.990.50.950.830.980.490.941.00.990.950.980.98-0.40.98
0.520.430.480.490.560.50.30.370.50.510.590.520.290.590.470.440.490.610.480.540.410.570.61-0.050.46
0.950.920.60.940.960.930.260.870.930.850.990.930.410.990.810.880.940.610.930.970.910.960.94-0.350.89
0.990.980.461.00.971.00.430.960.960.950.930.990.520.930.810.991.00.480.930.990.950.970.98-0.40.99
1.00.970.540.990.990.990.390.930.980.940.980.990.50.980.870.960.990.540.970.990.940.990.99-0.410.97
0.920.990.390.960.890.930.170.990.870.810.890.920.240.890.670.890.950.410.910.950.940.940.9-0.370.89
0.980.960.480.980.980.980.390.930.960.910.970.980.420.970.820.940.980.570.960.970.990.940.98-0.310.95
0.990.940.530.980.990.990.480.90.970.960.960.990.550.960.850.970.980.610.940.980.990.90.98-0.340.97
-0.41-0.380.04-0.4-0.39-0.42-0.27-0.37-0.43-0.43-0.4-0.41-0.19-0.4-0.44-0.4-0.4-0.05-0.35-0.4-0.41-0.37-0.31-0.34-0.39
0.990.940.460.980.970.990.540.920.970.980.910.990.620.910.841.00.980.460.890.990.970.890.950.97-0.39
Click cells to compare fundamentals

Muyuan Foodstuff Account Relationship Matchups

Muyuan Foodstuff fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets52.9B122.6B177.3B192.9B195.4B205.2B
Short Long Term Debt Total8.5B31.3B59.4B62.8B94.1B98.8B
Other Current Liab1.0B1.1B19.9M10.1B2.3B1.5B
Total Current Liabilities18.2B43.5B78.2B78.2B94.7B99.4B
Total Stockholder Equity23.1B50.4B54.4B71.8B62.8B66.0B
Property Plant And Equipment Net27.5B73.4B118.6B120.5B129.6B136.0B
Current Deferred Revenue3.1B6.5B11.5B849.7M571.0M542.4M
Net Debt(2.5B)16.7B47.2B42.0B74.7B78.4B
Retained Earnings10.1B35.4B36.4B47.8B39.3B41.2B
Accounts Payable8.5B16.6B36.7B28.3B23.5B24.6B
Cash10.9B14.6B12.2B20.8B19.4B20.4B
Non Current Assets Total33.3B83.7B128.5B130.4B131.8B138.4B
Non Currrent Assets Other1.1B1.4B8.5B8.1B106.1M100.8M
Cash And Short Term Investments10.9B14.6B12.2B20.8B19.5B20.4B
Net Receivables531.4M2.6B1.5B2.8B1.4B1.5B
Liabilities And Stockholders Equity52.9B122.6B177.3B192.9B195.4B205.2B
Non Current Liabilities Total3.0B13.0B30.4B26.7B25.9B27.2B
Inventory7.2B21.2B34.5B38.3B41.9B44.0B
Other Current Assets961.6M602.9M588.8M699.1M807.0M420.5M
Other Stockholder Equity9.8B8.8B9.1B17.6B17.0B17.8B
Total Liab21.2B56.5B108.7B104.9B120.6B126.6B
Total Current Assets19.6B38.9B48.8B62.6B63.6B66.8B
Short Term Debt5.6B19.4B30.0B38.9B68.3B71.7B
Intangible Assets431.8M768.0M863.0M952.4M1.2B1.2B
Common Stock2.2B3.8B5.3B5.5B5.5B5.7B
Long Term Debt2.9B11.9B22.5B19.6B19.1B20.0B
Property Plant Equipment31.3B80.8B126.0B127.8B147.0B154.3B
Other Liab99.3M259.0M1.1B2.8B3.2B3.3B
Short Term Investments(4.0B)(7.8B)1.0M3.0M21.2M22.2M
Net Tangible Assets20.2B47.2B53.5B70.8B81.5B85.5B
Short Long Term Debt4.3B16.5B22.3B29.2B46.9B49.3B
Deferred Long Term Liab180.2M320.5M7.6M12.6M11.4M10.8M
Common Stock Shares Outstanding5.1B5.2B5.3B5.5B5.5B5.7B
Net Invested Capital27.8B76.4B96.7B120.5B128.8B76.1B
Net Working Capital1.4B(4.6B)(29.5B)(15.6B)(31.1B)(29.5B)
Accumulated Other Comprehensive Income(1.5B)(10.8M)1.2B954.7M1.1B1.1B
Capital Stock4.7B6.2B7.7B5.5B5.5B6.2B

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Other Information on Investing in Muyuan Stock

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