Guangdong Selling General Administrative vs Reconciled Depreciation Analysis

300498 Stock   17.34  0.15  0.87%   
Guangdong Wens financial indicator trend analysis is much more than just examining Guangdong Wens Foodstuff latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Wens Foodstuff is a good investment. Please check the relationship between Guangdong Wens Selling General Administrative and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Wens Foodstuff. 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.

Selling General Administrative vs Reconciled Depreciation

Selling General Administrative vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Wens Foodstuff Selling General Administrative account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Guangdong Wens' Selling General Administrative and Reconciled Depreciation is -0.04. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Guangdong Wens Foodstuff, assuming nothing else is changed. The correlation between historical values of Guangdong Wens' Selling General Administrative and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Guangdong Wens Foodstuff are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Selling General Administrative i.e., Guangdong Wens' Selling General Administrative and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling General Administrative

Reconciled Depreciation

Most indicators from Guangdong Wens' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Wens 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 Guangdong Wens Foodstuff. 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 1.9 B, whereas Tax Provision is forecasted to decline to about 17.3 M.

Guangdong Wens fundamental ratios Correlations

0.390.780.830.850.70.730.450.880.460.950.840.860.980.970.890.720.130.780.820.580.070.70.520.930.61
0.39-0.160.51-0.040.58-0.260.310.340.440.290.360.020.450.290.020.180.010.330.17-0.20.350.20.050.250.21
0.78-0.160.570.930.390.980.230.660.220.820.650.930.720.780.960.580.110.550.740.8-0.240.630.420.840.52
0.830.510.570.590.960.460.760.530.410.780.710.540.890.860.690.27-0.10.870.90.210.450.790.720.660.74
0.85-0.040.930.590.440.940.290.830.30.80.690.980.80.80.980.750.250.650.730.79-0.160.560.450.910.46
0.70.580.390.960.440.280.830.40.430.60.610.380.790.710.550.13-0.160.840.830.020.60.730.720.510.69
0.73-0.260.980.460.940.280.120.670.210.770.60.940.650.720.940.630.120.480.660.87-0.340.580.370.830.49
0.450.310.230.760.290.830.120.170.130.320.480.170.60.50.38-0.12-0.080.820.72-0.270.870.460.830.190.41
0.880.340.660.530.830.40.670.170.520.750.740.880.840.780.80.940.310.580.520.66-0.140.450.280.90.35
0.460.440.220.410.30.430.210.130.520.320.490.390.510.410.360.57-0.120.30.280.19-0.030.370.10.490.3
0.950.290.820.780.80.60.770.320.750.320.80.820.880.950.850.610.060.650.80.63-0.060.710.430.90.63
0.840.360.650.710.690.610.60.480.740.490.80.710.860.850.760.57-0.030.750.720.390.220.560.510.740.46
0.860.020.930.540.980.380.940.170.880.390.820.710.80.80.970.820.230.570.650.84-0.270.570.350.940.45
0.980.450.720.890.80.790.650.60.840.510.880.860.80.950.860.640.140.860.850.440.250.70.610.870.6
0.970.290.780.860.80.710.720.50.780.410.950.850.80.950.870.6-0.010.80.870.540.150.790.630.860.7
0.890.020.960.690.980.550.940.380.80.360.850.760.970.860.870.680.150.720.810.74-0.070.680.530.910.56
0.720.180.580.270.750.130.63-0.120.940.570.610.570.820.640.60.680.380.330.290.72-0.410.270.020.820.18
0.130.010.11-0.10.25-0.160.12-0.080.31-0.120.06-0.030.230.14-0.010.150.380.1-0.150.13-0.17-0.41-0.240.15-0.47
0.780.330.550.870.650.840.480.820.580.30.650.750.570.860.80.720.330.10.810.20.580.650.840.570.59
0.820.170.740.90.730.830.660.720.520.280.80.720.650.850.870.810.29-0.150.810.330.360.780.750.730.7
0.58-0.20.80.210.790.020.87-0.270.660.190.630.390.840.440.540.740.720.130.20.33-0.630.470.10.750.44
0.070.35-0.240.45-0.160.6-0.340.87-0.14-0.03-0.060.22-0.270.250.15-0.07-0.41-0.170.580.36-0.630.190.67-0.220.18
0.70.20.630.790.560.730.580.460.450.370.710.560.570.70.790.680.27-0.410.650.780.470.190.730.620.97
0.520.050.420.720.450.720.370.830.280.10.430.510.350.610.630.530.02-0.240.840.750.10.670.730.30.73
0.930.250.840.660.910.510.830.190.90.490.90.740.940.870.860.910.820.150.570.730.75-0.220.620.30.52
0.610.210.520.740.460.690.490.410.350.30.630.460.450.60.70.560.18-0.470.590.70.440.180.970.730.52
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Guangdong Wens Account Relationship Matchups

Guangdong Wens fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets65.6B80.5B96.8B98.1B92.9B55.3B
Other Current Liab6.5B6.2B7.4B8.9B4.0M3.8M
Total Current Liabilities13.9B16.8B19.7B25.0B31.1B32.7B
Total Stockholder Equity45.1B45.8B32.4B39.7B33.1B28.8B
Other Liab708.6M1.3B1.8B1.6B1.9B2.0B
Retained Earnings34.1B34.4B19.7B24.2B13.0B17.7B
Accounts Payable2.7B4.1B6.8B7.6B11.0B11.6B
Other Assets1.5B2.2B545.2M559.3M643.1M798.0M
Long Term Debt4.5B14.7B34.4B22.6B17.5B9.0B
Net Receivables1.6B342.8M2.8B538.0M521.3M897.0M
Inventory12.5B13.3B14.9B20.4B20.3B12.2B
Other Current Assets499.8M1.5B1.2B1.3B1.3B734.0M
Total Liab19.0B32.9B62.0B55.2B57.0B59.9B
Intangible Assets1.4B1.7B1.8B1.6B1.5B1.1B
Common Stock5.3B6.4B6.4B6.6B7.5B4.9B
Property Plant Equipment30.0B46.3B53.0B52.6B60.4B63.5B
Cash1.5B1.9B7.6B4.3B4.3B2.8B
Short Term Investments1.5B3.2B3.9B3.2B2.2B2.2B
Good Will168.7M403.9M204.0M158.9M182.8M162.7M
Net Tangible Assets43.6B43.6B30.5B37.9B43.6B37.3B
Other Stockholder Equity(188.0M)(135.9M)909.6M838.6M964.4M1.0B
Deferred Long Term Liab762.8M1.5B123.5M104.8M94.3M89.6M
Short Long Term Debt2.1B4.0B1.8B1.1B2.5B2.3B
Total Current Assets26.1B23.1B35.6B36.6B33.3B28.2B
Non Current Assets Total39.5B57.4B61.2B61.5B59.6B50.0B
Non Currrent Assets Other(3.4B)550.5M190.9M264.4M156.7M164.5M
Non Current Liabilities Total5.1B16.1B42.4B30.2B25.9B17.7B
Net Debt4.9B16.9B28.5B19.4B15.8B14.9B
Common Stock Shares Outstanding6.4B6.4B6.4B6.6B6.7B7.1B
Net Invested Capital51.5B64.5B68.6B63.3B53.1B59.8B
Non Current Liabilities Other24.8M128.2M135.5M160.7M88.2M83.8M
Net Working Capital12.2B6.3B15.9B11.6B2.2B2.1B
Capital Stock5.3B6.4B6.4B6.6B6.7B6.7B

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Other Information on Investing in Guangdong Stock

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