Changshu Non Current Assets Total vs Other Current Assets Analysis

300342 Stock

17.21 1.21 6.57%

Changshu Tianyin financial indicator trend analysis is way more than just evaluating Changshu Tianyin Ele prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changshu Tianyin Ele is a good investment. Please check the relationship between Changshu Tianyin Non Current Assets Total and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changshu Tianyin Electromechan. 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.

Non Current Assets Total vs Other Current Assets

Non Current Assets Total vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changshu Tianyin Ele Non Current Assets Total account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.

The correlation between Changshu Tianyin's Non Current Assets Total and Other Current Assets is 0.37. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Changshu Tianyin Electromechan, assuming nothing else is changed. The correlation between historical values of Changshu Tianyin's Non Current Assets Total and Other Current 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 Changshu Tianyin Electromechan are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Assets Total i.e., Changshu Tianyin's Non Current Assets Total and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

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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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from Changshu Tianyin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changshu Tianyin Ele 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 Changshu Tianyin Electromechan. 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.

As of March 2, 2025, Selling General Administrative is expected to decline to about 40.9 M. In addition to that, Tax Provision is expected to decline to about 5.9 M

	2022	2023	2024	2025 (projected)
Operating Income	28.8M	77.8M	89.5M	128.5M
Total Revenue	839.2M	1.0B	1.2B	696.9M

Operating Income Total Revenue

Changshu Tianyin fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Net Tangible Assets	Good Will	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total
Total Assets		0.77	0.93	0.99	0.98	0.92	0.21	0.51	0.92	0.85	0.36	0.94	0.78	0.97	0.98	0.59	0.94	0.85	-0.64	0.42	0.89	0.94	0.87	0.59	0.29	-0.05
Other Current Liab	0.77		0.81	0.72	0.83	0.73	-0.06	0.25	0.58	0.76	0.6	0.81	0.67	0.78	0.8	0.47	0.74	0.69	-0.41	0.53	0.82	0.73	0.81	0.66	0.4	-0.13
Total Current Liabilities	0.93	0.81		0.86	0.93	0.97	-0.02	0.56	0.8	0.9	0.38	1.0	0.64	0.89	0.96	0.44	0.95	0.78	-0.71	0.37	0.91	0.97	0.92	0.64	0.27	-0.02
Total Stockholder Equity	0.99	0.72	0.86		0.96	0.86	0.32	0.47	0.94	0.79	0.33	0.87	0.81	0.96	0.95	0.63	0.9	0.84	-0.58	0.43	0.84	0.88	0.81	0.54	0.28	-0.06
Retained Earnings	0.98	0.83	0.93	0.96		0.92	0.09	0.47	0.91	0.87	0.39	0.94	0.82	0.97	0.98	0.58	0.94	0.84	-0.6	0.52	0.9	0.92	0.89	0.59	0.29	-0.09
Accounts Payable	0.92	0.73	0.97	0.86	0.92		-0.06	0.57	0.78	0.92	0.2	0.97	0.61	0.85	0.93	0.36	0.94	0.72	-0.66	0.41	0.83	0.96	0.89	0.47	0.08	0.0
Cash	0.21	-0.06	-0.02	0.32	0.09	-0.06		-0.05	0.21	-0.07	0.11	-0.01	0.16	0.18	0.08	0.21	0.01	0.17	-0.02	-0.23	0.03	0.03	-0.05	0.09	0.18	-0.03
Other Assets	0.51	0.25	0.56	0.47	0.47	0.57	-0.05		0.48	0.71	-0.1	0.56	0.15	0.44	0.51	0.16	0.67	0.46	-0.79	0.02	0.52	0.68	0.66	0.46	0.14	0.55
Net Receivables	0.92	0.58	0.8	0.94	0.91	0.78	0.21	0.48		0.7	0.28	0.8	0.79	0.94	0.9	0.69	0.87	0.85	-0.61	0.42	0.84	0.84	0.75	0.52	0.34	-0.07
Inventory	0.85	0.76	0.9	0.79	0.87	0.92	-0.07	0.71	0.7		0.18	0.9	0.56	0.78	0.87	0.34	0.93	0.73	-0.76	0.37	0.81	0.94	0.95	0.55	0.18	0.12
Other Current Assets	0.36	0.6	0.38	0.33	0.39	0.2	0.11	-0.1	0.28	0.18		0.38	0.43	0.45	0.42	0.42	0.26	0.42	-0.08	0.53	0.47	0.25	0.37	0.77	0.83	-0.44
Total Liab	0.94	0.81	1.0	0.87	0.94	0.97	-0.01	0.56	0.8	0.9	0.38		0.64	0.89	0.96	0.45	0.95	0.78	-0.71	0.37	0.91	0.97	0.92	0.64	0.27	-0.01
Intangible Assets	0.78	0.67	0.64	0.81	0.82	0.61	0.16	0.15	0.79	0.56	0.43	0.64		0.86	0.74	0.76	0.67	0.78	-0.31	0.48	0.66	0.63	0.6	0.44	0.38	-0.27
Common Stock	0.97	0.78	0.89	0.96	0.97	0.85	0.18	0.44	0.94	0.78	0.45	0.89	0.86		0.95	0.71	0.91	0.9	-0.58	0.47	0.91	0.89	0.83	0.62	0.4	-0.11
Property Plant Equipment	0.98	0.8	0.96	0.95	0.98	0.93	0.08	0.51	0.9	0.87	0.42	0.96	0.74	0.95		0.54	0.95	0.82	-0.63	0.51	0.92	0.94	0.91	0.63	0.33	-0.09
Other Liab	0.59	0.47	0.44	0.63	0.58	0.36	0.21	0.16	0.69	0.34	0.42	0.45	0.76	0.71	0.54		0.57	0.87	-0.22	0.36	0.57	0.51	0.46	0.42	0.52	-0.2
Net Tangible Assets	0.94	0.74	0.95	0.9	0.94	0.94	0.01	0.67	0.87	0.93	0.26	0.95	0.67	0.91	0.95	0.57		0.88	-0.72	0.44	0.91	0.99	0.95	0.57	0.27	0.03
Good Will	0.85	0.69	0.78	0.84	0.84	0.72	0.17	0.46	0.85	0.73	0.42	0.78	0.78	0.9	0.82	0.87	0.88		-0.57	0.42	0.83	0.85	0.81	0.6	0.5	-0.12
Other Stockholder Equity	-0.64	-0.41	-0.71	-0.58	-0.6	-0.66	-0.02	-0.79	-0.61	-0.76	-0.08	-0.71	-0.31	-0.58	-0.63	-0.22	-0.72	-0.57		0.06	-0.64	-0.76	-0.7	-0.66	-0.31	-0.36
Deferred Long Term Liab	0.42	0.53	0.37	0.43	0.52	0.41	-0.23	0.02	0.42	0.37	0.53	0.37	0.48	0.47	0.51	0.36	0.44	0.42	0.06		0.48	0.36	0.5	0.29	0.38	-0.54
Long Term Investments	0.89	0.82	0.91	0.84	0.9	0.83	0.03	0.52	0.84	0.81	0.47	0.91	0.66	0.91	0.92	0.57	0.91	0.83	-0.64	0.48		0.9	0.91	0.69	0.48	-0.11
Total Current Assets	0.94	0.73	0.97	0.88	0.92	0.96	0.03	0.68	0.84	0.94	0.25	0.97	0.63	0.89	0.94	0.51	0.99	0.85	-0.76	0.36	0.9		0.95	0.59	0.26	0.05
Non Current Assets Total	0.87	0.81	0.92	0.81	0.89	0.89	-0.05	0.66	0.75	0.95	0.37	0.92	0.6	0.83	0.91	0.46	0.95	0.81	-0.7	0.5	0.91	0.95		0.65	0.39	-0.01
Non Currrent Assets Other	0.59	0.66	0.64	0.54	0.59	0.47	0.09	0.46	0.52	0.55	0.77	0.64	0.44	0.62	0.63	0.42	0.57	0.6	-0.66	0.29	0.69	0.59	0.65		0.81	0.04
Short Term Investments	0.29	0.4	0.27	0.28	0.29	0.08	0.18	0.14	0.34	0.18	0.83	0.27	0.38	0.4	0.33	0.52	0.27	0.5	-0.31	0.38	0.48	0.26	0.39	0.81		-0.31
Non Current Liabilities Total	-0.05	-0.13	-0.02	-0.06	-0.09	0.0	-0.03	0.55	-0.07	0.12	-0.44	-0.01	-0.27	-0.11	-0.09	-0.2	0.03	-0.12	-0.36	-0.54	-0.11	0.05	-0.01	0.04	-0.31

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Changshu Tianyin Account Relationship Matchups

Changshu Tianyin fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.1B	2.3B	2.2B	2.2B	2.5B	1.5B
Other Current Liab	128.4M	113.3M	138.9M	43.6M	50.1M	59.6M
Total Current Liabilities	554.6M	700.4M	640.5M	612.8M	704.7M	360.3M
Total Stockholder Equity	1.5B	1.5B	1.5B	1.5B	1.8B	1.1B
Retained Earnings	715.9M	754.8M	721.8M	638.7M	734.5M	441.7M
Accounts Payable	347.5M	409.0M	351.8M	357.7M	411.4M	210.1M
Cash	205.5M	198.0M	159.2M	253.9M	292.0M	250.7M
Other Assets	40.2M	29.1M	27.5M	71.3M	82.0M	86.1M
Net Receivables	415.4M	482.6M	430.6M	544.8M	626.5M	381.3M
Inventory	412.8M	539.8M	537.1M	413.5M	475.5M	499.3M
Other Current Assets	41.6M	14.0M	24.6M	796.1K	915.6K	869.8K
Total Liab	568.0M	714.4M	659.8M	628.0M	722.2M	373.0M
Intangible Assets	96.4M	92.7M	69.6M	61.0M	70.2M	61.5M
Common Stock	431.9M	431.8M	431.8M	425.0M	488.8M	290.5M
Property Plant Equipment	362.6M	385.8M	398.7M	381.4M	438.6M	254.0M
Other Liab	14.2M	14.0M	13.3M	11.4M	13.1M	13.3M
Net Tangible Assets	1.1B	1.2B	1.2B	1.2B	1.4B	1.1B
Other Stockholder Equity	2.8M	3.3M	6.2M	1.6M	1.4M	1.3M
Deferred Long Term Liab	16.3M	13.3M	3.1M	1.9M	2.2M	2.1M
Total Current Assets	1.3B	1.5B	1.4B	1.4B	1.6B	1.3B
Non Current Assets Total	799.6M	801.1M	791.2M	730.2M	839.7M	809.1M
Non Currrent Assets Other	720.4K	5.3M	12.1M	5.8M	6.6M	7.9M
Non Current Liabilities Total	13.3M	14.0M	19.3M	15.2M	17.5M	16.7M
Short Long Term Debt	47.6M	136.0M	106.3M	50.3M	45.3M	74.0M
Common Stock Shares Outstanding	431.9M	431.8M	431.8M	425.0M	382.5M	343.2M
Net Invested Capital	1.5B	1.7B	1.6B	1.6B	1.8B	1.7B
Net Working Capital	730.5M	762.6M	729.0M	819.6M	942.6M	792.3M
Property Plant And Equipment Net	385.8M	398.7M	381.4M	357.3M	321.6M	301.7M
Property Plant And Equipment Gross	606.6M	644.9M	381.4M	661.6M	595.4M	455.9M

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Other Information on Investing in Changshu Stock

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

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Changshu Non Current Assets Total vs Other Current Assets Analysis

Non Current Assets Total vs Other Current Assets

Non Current Assets Total vs Other Current Assets Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Other Current Assets

Changshu Tianyin fundamental ratios Correlations

Changshu Tianyin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Changshu Tianyin fundamental ratios Accounts

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Other Information on Investing in Changshu Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Net Tangible Assets
Retained Earnings	+ 0.98	Total Assets
Property Plant Equipment	+ 0.98	Total Assets
Property Plant Equipment	+ 0.98	Retained Earnings

Other Stockholder Equity	- 0.79	Other Assets
Total Current Assets	- 0.76	Other Stockholder Equity
Other Stockholder Equity	- 0.76	Inventory
Other Stockholder Equity	- 0.72	Net Tangible Assets
Other Stockholder Equity	- 0.71	Total Liab
Other Stockholder Equity	- 0.71	Total Current Liabilities