CSPC Net Receivables vs Net Debt Analysis

300765 Stock

28.51 0.27 0.94%

CSPC Innovation financial indicator trend analysis is way more than just evaluating CSPC Innovation Phar prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSPC Innovation Phar is a good investment. Please check the relationship between CSPC Innovation Net Receivables and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSPC Innovation Pharmaceutical. 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 Net Debt

Net Receivables vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSPC Innovation Phar Net Receivables account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between CSPC Innovation's Net Receivables and Net Debt is -0.32. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Debt in the same time period over historical financial statements of CSPC Innovation Pharmaceutical, assuming nothing else is changed. The correlation between historical values of CSPC Innovation's Net Receivables and Net Debt 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 CSPC Innovation Pharmaceutical are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Receivables i.e., CSPC Innovation's Net Receivables and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from CSPC Innovation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSPC Innovation Phar 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 CSPC Innovation Pharmaceutical. 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 295.7 M, whereas Tax Provision is forecasted to decline to about 82.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	685.9M	1.1B	1.1B	806.6M
Total Revenue	1.4B	2.6B	2.5B	1.7B

Gross Profit Total Revenue

CSPC Innovation fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Net Debt	Long Term Debt	Common Stock Shares Outstanding	Net Invested Capital	Short Long Term Debt
Total Assets		0.0	0.68	1.0	-0.49	0.99	0.99	0.9	0.86	0.98	0.17	0.93	0.77	-0.07	0.87	-0.06	0.51	0.92	-0.84	0.89	0.98	-0.46	-0.83	0.89	1.0	-0.83
Other Current Liab	0.0		0.18	-0.01	0.5	0.09	-0.01	0.09	-0.37	0.03	-0.04	0.03	0.27	0.21	0.14	0.64	0.1	-0.2	0.07	-0.22	-0.01	0.68	-0.18	-0.38	-0.05	-0.17
Total Current Liabilities	0.68	0.18		0.65	-0.18	0.64	0.67	0.91	0.64	0.66	-0.47	0.64	0.69	-0.09	0.66	-0.18	0.84	0.64	-0.53	0.62	0.7	-0.35	-0.42	0.6	0.68	-0.42
Total Stockholder Equity	1.0	-0.01	0.65		-0.5	0.99	0.99	0.89	0.85	0.98	0.2	0.93	0.77	-0.08	0.87	-0.04	0.46	0.92	-0.85	0.9	0.98	-0.46	-0.84	0.89	1.0	-0.84
Other Liab	-0.49	0.5	-0.18	-0.5		-0.46	-0.44	-0.34	-0.73	-0.45	-0.27	-0.32	-0.18	0.28	-0.33	0.46	-0.03	-0.7	0.61	-0.7	-0.4	0.76	0.23	-0.53	-0.54	0.24
Net Tangible Assets	0.99	0.09	0.64	0.99	-0.46		0.98	0.88	0.81	0.96	0.22	0.94	0.8	-0.07	0.9	0.08	0.41	0.89	-0.87	0.88	0.97	-0.38	-0.86	0.83	0.98	-0.86
Retained Earnings	0.99	-0.01	0.67	0.99	-0.44	0.98		0.91	0.86	0.99	0.18	0.96	0.8	-0.01	0.9	0.0	0.49	0.91	-0.86	0.91	0.99	-0.46	-0.84	0.87	0.99	-0.84
Accounts Payable	0.9	0.09	0.91	0.89	-0.34	0.88	0.91		0.81	0.88	-0.18	0.88	0.82	-0.04	0.88	-0.04	0.69	0.83	-0.77	0.84	0.93	-0.42	-0.66	0.79	0.9	-0.66
Cash	0.86	-0.37	0.64	0.85	-0.73	0.81	0.86	0.81		0.86	0.08	0.79	0.63	-0.12	0.74	-0.35	0.5	0.97	-0.85	0.96	0.84	-0.83	-0.63	0.85	0.88	-0.64
Non Current Assets Total	0.98	0.03	0.66	0.98	-0.45	0.96	0.99	0.88	0.86		0.23	0.92	0.75	0.02	0.84	-0.05	0.55	0.91	-0.81	0.89	0.95	-0.46	-0.83	0.84	0.97	-0.84
Non Currrent Assets Other	0.17	-0.04	-0.47	0.2	-0.27	0.22	0.18	-0.18	0.08	0.23		0.04	-0.22	-0.14	-0.03	0.15	-0.42	0.1	-0.12	0.16	0.08	0.08	-0.31	0.06	0.18	-0.31
Other Assets	0.93	0.03	0.64	0.93	-0.32	0.94	0.96	0.88	0.79	0.92	0.04		0.89	0.16	0.96	0.17	0.43	0.86	-0.87	0.85	0.98	-0.41	-0.82	0.8	0.92	-0.83
Net Receivables	0.77	0.27	0.69	0.77	-0.18	0.8	0.8	0.82	0.63	0.75	-0.22	0.89		0.13	0.95	0.33	0.38	0.75	-0.85	0.72	0.83	-0.32	-0.79	0.55	0.75	-0.79
Non Current Liabilities Total	-0.07	0.21	-0.09	-0.08	0.28	-0.07	-0.01	-0.04	-0.12	0.02	-0.14	0.16	0.13		0.09	0.33	0.14	-0.12	0.09	-0.1	0.01	0.16	0.14	-0.16	-0.1	0.15
Inventory	0.87	0.14	0.66	0.87	-0.33	0.9	0.9	0.88	0.74	0.84	-0.03	0.96	0.95	0.09		0.31	0.33	0.83	-0.93	0.85	0.93	-0.37	-0.8	0.67	0.86	-0.8
Other Current Assets	-0.06	0.64	-0.18	-0.04	0.46	0.08	0.0	-0.04	-0.35	-0.05	0.15	0.17	0.33	0.33	0.31		-0.43	-0.21	-0.14	-0.12	0.05	0.6	-0.24	-0.38	-0.09	-0.22
Total Liab	0.51	0.1	0.84	0.46	-0.03	0.41	0.49	0.69	0.5	0.55	-0.42	0.43	0.38	0.14	0.33	-0.43		0.45	-0.18	0.39	0.48	-0.31	-0.2	0.49	0.48	-0.21
Total Current Assets	0.92	-0.2	0.64	0.92	-0.7	0.89	0.91	0.83	0.97	0.91	0.1	0.86	0.75	-0.12	0.83	-0.21	0.45		-0.92	0.97	0.89	-0.75	-0.76	0.84	0.93	-0.77
Intangible Assets	-0.84	0.07	-0.53	-0.85	0.61	-0.87	-0.86	-0.77	-0.85	-0.81	-0.12	-0.87	-0.85	0.09	-0.93	-0.14	-0.18	-0.92		-0.93	-0.86	0.6	0.8	-0.68	-0.86	0.81
Common Stock	0.89	-0.22	0.62	0.9	-0.7	0.88	0.91	0.84	0.96	0.89	0.16	0.85	0.72	-0.1	0.85	-0.12	0.39	0.97	-0.93		0.89	-0.7	-0.7	0.8	0.92	-0.71
Property Plant Equipment	0.98	-0.01	0.7	0.98	-0.4	0.97	0.99	0.93	0.84	0.95	0.08	0.98	0.83	0.01	0.93	0.05	0.48	0.89	-0.86	0.89		-0.44	-0.81	0.87	0.97	-0.81
Net Debt	-0.46	0.68	-0.35	-0.46	0.76	-0.38	-0.46	-0.42	-0.83	-0.46	0.08	-0.41	-0.32	0.16	-0.37	0.6	-0.31	-0.75	0.6	-0.7	-0.44		0.29	-0.6	-0.5	0.31
Long Term Debt	-0.83	-0.18	-0.42	-0.84	0.23	-0.86	-0.84	-0.66	-0.63	-0.83	-0.31	-0.82	-0.79	0.14	-0.8	-0.24	-0.2	-0.76	0.8	-0.7	-0.81	0.29		-0.61	-0.81	1.0
Common Stock Shares Outstanding	0.89	-0.38	0.6	0.89	-0.53	0.83	0.87	0.79	0.85	0.84	0.06	0.8	0.55	-0.16	0.67	-0.38	0.49	0.84	-0.68	0.8	0.87	-0.6	-0.61		0.9	-0.62
Net Invested Capital	1.0	-0.05	0.68	1.0	-0.54	0.98	0.99	0.9	0.88	0.97	0.18	0.92	0.75	-0.1	0.86	-0.09	0.48	0.93	-0.86	0.92	0.97	-0.5	-0.81	0.9		-0.81
Short Long Term Debt	-0.83	-0.17	-0.42	-0.84	0.24	-0.86	-0.84	-0.66	-0.64	-0.84	-0.31	-0.83	-0.79	0.15	-0.8	-0.22	-0.21	-0.77	0.81	-0.71	-0.81	0.31	1.0	-0.62	-0.81

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CSPC Innovation Account Relationship Matchups

CSPC Innovation fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.9B	3.0B	3.2B	4.6B	5.6B	3.1B
Other Current Liab	289.4M	145.0M	224.1M	337.6M	2.3M	2.1M
Total Current Liabilities	400.8M	234.2M	408.6M	582.8M	510.8M	429.1M
Total Stockholder Equity	2.4B	2.7B	3.0B	3.9B	5.1B	2.7B
Other Liab	36.3M	33.8M	34.9M	37.3M	33.5M	29.6M
Net Tangible Assets	2.3B	2.6B	3.2B	3.9B	4.5B	2.2B
Retained Earnings	1.1B	1.4B	1.5B	2.2B	2.6B	1.5B
Accounts Payable	92.7M	64.2M	129.2M	178.7M	173.7M	116.1M
Cash	475.1M	1.1B	1.2B	2.2B	3.4B	3.6B
Non Current Assets Total	915.4M	1.0B	907.8M	1.4B	1.4B	1.1B
Non Currrent Assets Other	7.0M	736.9M	14.7M	15.9M	20.6M	19.6M
Other Assets	19.9M	19.8M	31.6M	34.8M	40.0M	24.8M
Net Receivables	351.2M	146.3M	510.3M	481.4M	392.4M	358.9M
Non Current Liabilities Total	36.3M	33.8M	34.4M	57.1M	34.1M	36.2M
Inventory	124.2M	111.0M	262.0M	238.1M	223.7M	174.5M
Other Current Assets	26.3M	35.6M	56.9M	38.5M	10.9M	10.3M
Total Liab	437.1M	268.0M	265.4M	639.8M	545.0M	454.5M
Total Current Assets	1.9B	1.9B	2.5B	3.2B	4.2B	4.4B
Intangible Assets	57.6M	55.2M	42.4M	50.4M	48.0M	44.0M
Common Stock	200M	420M	546M	618.9M	711.8M	747.4M
Property Plant Equipment	678.2M	727.5M	926.4M	1.1B	1.2B	803.5M
Net Invested Capital	2.4B	2.7B	3.0B	4.0B	5.1B	3.0B
Net Working Capital	1.5B	1.7B	2.1B	2.6B	3.7B	1.9B
Capital Stock	200M	420M	546M	618.9M	1.2B	1.2B

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

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CSPC Net Receivables vs Net Debt Analysis

Net Receivables vs Net Debt

Net Receivables vs Net Debt Correlation Analysis

Correlation Coefficient

Net Receivables

Net Debt

CSPC Innovation fundamental ratios Correlations

CSPC Innovation Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CSPC Innovation fundamental ratios Accounts

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Other Information on Investing in CSPC Stock

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Short Long Term Debt	+ 1.0	Long Term Debt
Net Tangible Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets

Common Stock	- 0.93	Intangible Assets
Intangible Assets	- 0.93	Inventory
Intangible Assets	- 0.92	Total Current Assets
Intangible Assets	- 0.87	Other Assets
Intangible Assets	- 0.87	Net Tangible Assets
Net Invested Capital	- 0.86	Intangible Assets