Sichuan Net Receivables vs Common Stock Analysis

002777 Stock   20.50  0.10  0.49%   
Sichuan Jiuyuan financial indicator trend analysis is much more than just breaking down Sichuan Jiuyuan Yinhai prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Jiuyuan Yinhai is a good investment. Please check the relationship between Sichuan Jiuyuan Net Receivables and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Jiuyuan Yinhai. 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.

Net Receivables vs Common Stock

Net Receivables vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Jiuyuan Yinhai Net Receivables account and Common Stock. At this time, the significance of the direction appears to have totally related.
The correlation between Sichuan Jiuyuan's Net Receivables and Common Stock is 0.99. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock in the same time period over historical financial statements of Sichuan Jiuyuan Yinhai, assuming nothing else is changed. The correlation between historical values of Sichuan Jiuyuan's Net Receivables and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Sichuan Jiuyuan Yinhai are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Receivables i.e., Sichuan Jiuyuan's Net Receivables and Common Stock go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Common Stock

Most indicators from Sichuan Jiuyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Jiuyuan Yinhai 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 Sichuan Jiuyuan Yinhai. 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 Tax Provision is expected to grow to about 17.3 M, whereas Selling General Administrative is forecasted to decline to about 134.9 M.
 2021 2022 2023 2024 (projected)
Operating Income282.9M247.3M227.8M171.2M
Total Revenue1.3B1.3B1.3B878.6M

Sichuan Jiuyuan fundamental ratios Correlations

-0.160.090.980.990.970.59-0.910.840.80.910.890.320.850.840.490.70.790.810.961.0-0.050.830.850.940.45
-0.160.44-0.07-0.23-0.20.34-0.01-0.32-0.280.1-0.28-0.41-0.06-0.30.560.34-0.150.120.01-0.12-0.74-0.24-0.29-0.27-0.24
0.090.440.150.04-0.030.0-0.24-0.25-0.240.34-0.160.140.3-0.240.510.42-0.210.350.210.12-0.74-0.2-0.220.010.34
0.98-0.070.150.950.930.69-0.950.80.770.960.860.350.90.80.570.80.720.830.990.99-0.170.80.810.910.39
0.99-0.230.040.950.970.53-0.860.850.810.860.90.310.810.850.40.620.810.770.930.990.040.840.860.950.46
0.97-0.2-0.030.930.970.51-0.810.850.810.810.880.210.740.850.440.580.860.70.910.960.10.80.850.90.54
0.590.340.00.690.530.51-0.780.480.490.770.540.220.710.480.580.750.380.70.710.62-0.510.540.50.54-0.09
-0.91-0.01-0.24-0.95-0.86-0.81-0.78-0.74-0.72-0.98-0.82-0.44-0.95-0.74-0.61-0.82-0.62-0.9-0.95-0.930.33-0.77-0.76-0.85-0.32
0.84-0.32-0.250.80.850.850.48-0.740.970.650.980.070.581.00.220.510.870.510.760.820.280.980.990.760.31
0.8-0.28-0.240.770.810.810.49-0.720.970.630.960.090.580.980.240.520.80.480.740.790.240.970.990.740.27
0.910.10.340.960.860.810.77-0.980.650.630.750.430.960.660.690.850.580.920.970.93-0.420.690.680.850.35
0.89-0.28-0.160.860.90.880.54-0.820.980.960.750.170.690.980.330.560.870.650.830.880.180.980.980.850.31
0.32-0.410.140.350.310.210.22-0.440.070.090.430.170.670.090.050.13-0.170.460.320.34-0.120.10.140.490.05
0.85-0.060.30.90.810.740.71-0.950.580.580.960.690.670.590.580.740.430.890.90.87-0.370.620.630.850.3
0.84-0.3-0.240.80.850.850.48-0.741.00.980.660.980.090.590.240.520.860.520.760.820.270.980.990.770.31
0.490.560.510.570.40.440.58-0.610.220.240.690.330.050.580.240.740.340.680.660.52-0.60.290.260.420.15
0.70.340.420.80.620.580.75-0.820.510.520.850.560.130.740.520.740.390.680.830.73-0.560.580.530.530.12
0.79-0.15-0.210.720.810.860.38-0.620.870.80.580.87-0.170.430.860.340.390.550.70.770.280.830.840.730.42
0.810.120.350.830.770.70.7-0.90.510.480.920.650.460.890.520.680.680.550.860.83-0.430.570.540.850.26
0.960.010.210.990.930.910.71-0.950.760.740.970.830.320.90.760.660.830.70.860.98-0.240.770.780.890.38
1.0-0.120.120.990.990.960.62-0.930.820.790.930.880.340.870.820.520.730.770.830.98-0.090.820.830.940.44
-0.05-0.74-0.74-0.170.040.1-0.510.330.280.24-0.420.18-0.12-0.370.27-0.6-0.560.28-0.43-0.24-0.090.180.250.030.02
0.83-0.24-0.20.80.840.80.54-0.770.980.970.690.980.10.620.980.290.580.830.570.770.820.180.980.770.2
0.85-0.29-0.220.810.860.850.5-0.760.990.990.680.980.140.630.990.260.530.840.540.780.830.250.980.790.28
0.94-0.270.010.910.950.90.54-0.850.760.740.850.850.490.850.770.420.530.730.850.890.940.030.770.790.34
0.45-0.240.340.390.460.54-0.09-0.320.310.270.350.310.050.30.310.150.120.420.260.380.440.020.20.280.34
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Sichuan Jiuyuan Account Relationship Matchups

Sichuan Jiuyuan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.2B2.4B2.5B2.7B1.7B
Other Current Liab650.7M140.5M4.1K634.6M270.6K257.0K
Total Current Liabilities746.6M795.1M820.4M791.0M873.8M637.6M
Total Stockholder Equity1.1B1.2B1.4B1.5B1.7B864.0M
Property Plant And Equipment Net93.4M117.2M155.9M145.3M140.2M92.5M
Net Debt(802.6M)(721.2M)(679.3M)(641.5M)(665.4M)(698.7M)
Retained Earnings352.6M447.3M597.8M703.7M818.9M859.8M
Accounts Payable95.9M104.7M117.1M145.3M179.6M188.5M
Cash802.6M730.0M699.8M664.8M688.3M570.4M
Non Current Assets Total366.4M401.8M473.3M532.0M608.5M639.0M
Non Currrent Assets Other309.8M355.7M19.5M12.3M15.3M14.6M
Cash And Short Term Investments1.1B1.0B699.8M664.8M688.3M617.6M
Net Receivables333.2M411.3M511.8M623.0M719.6M755.6M
Liabilities And Stockholders Equity2.0B2.2B2.4B2.5B2.7B1.7B
Non Current Liabilities Total49.8M57.0M63.5M60.1M35.8M57.4M
Inventory287.4M262.0M246.1M272.2M325.3M278.7M
Other Current Assets2.7M113.0M503.1M442.0M364.4M382.6M
Other Stockholder Equity484.6M398.3M398.8M304.6M304.6M281.9M
Total Liab796.3M852.1M883.9M851.2M909.7M695.0M
Total Current Assets1.7B1.8B2.0B2.0B2.1B1.4B
Intangible Assets162.1M168.9M194.3M249.9M347.5M364.9M
Common Stock172.5M224.3M314.0M408.2M469.5M492.9M
Other Liab49.8M57.0M53.0M48.1M55.3M38.3M
Other Assets49.7M1.0116.4M139.3M188.5M0.95
Property Plant Equipment93.4M117.2M155.9M145.3M167.1M91.1M
Net Tangible Assets982.7M1.1B1.2B1.3B1.5B934.9M
Deferred Long Term Liab44.9M53.2M55.3M95.2M109.4M114.9M
Short Term Investments253.1M304.4M(36.7M)439.8M(37.7M)(35.9M)
Net Invested Capital1.1B1.2B1.4B1.5B1.7B1.4B
Net Working Capital932.4M1.0B1.1B1.2B1.2B1.1B

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Other Information on Investing in Sichuan Stock

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