Chengdu Net Invested Capital vs Common Stock Shares Outstanding Analysis

300841 Stock

55.87 0.07 0.13%

Chengdu Kanghua financial indicator trend analysis is way more than just evaluating Chengdu Kanghua Biol prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chengdu Kanghua Biol is a good investment. Please check the relationship between Chengdu Kanghua Net Invested Capital and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chengdu Kanghua Biological. 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 Invested Capital vs Common Stock Shares Outstanding

Net Invested Capital vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chengdu Kanghua Biol Net Invested Capital account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Chengdu Kanghua's Net Invested Capital and Common Stock Shares Outstanding is 0.94. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Chengdu Kanghua Biological, assuming nothing else is changed. The correlation between historical values of Chengdu Kanghua's Net Invested Capital and Common Stock Shares Outstanding 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 Invested Capital of Chengdu Kanghua Biological are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Invested Capital i.e., Chengdu Kanghua's Net Invested Capital and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Chengdu Kanghua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chengdu Kanghua Biol 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 Chengdu Kanghua Biological. 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 November 26, 2024, Tax Provision is expected to decline to about 55.2 M. In addition to that, Selling General Administrative is expected to decline to about 345.1 M

	2021	2022	2023	2024 (projected)
Gross Profit	1.2B	1.4B	1.5B	877.6M
Total Revenue	1.3B	1.4B	1.6B	938.3M

Gross Profit Total Revenue

Chengdu Kanghua 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	Non Current Liabilities Other	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Net Invested Capital	Short Long Term Debt	Net Working Capital
Total Assets		0.37	0.79	1.0	0.98	1.0	0.99	0.62	0.84	0.98	0.4	0.83	0.98	0.82	0.89	0.81	0.8	0.92	0.92	0.45	0.98	0.96	0.89	0.94	0.97	0.92
Other Current Liab	0.37		0.21	0.38	0.39	0.37	0.34	0.85	0.34	0.42	0.45	0.53	0.36	0.74	0.49	0.51	0.23	0.46	0.47	0.34	0.32	0.31	0.39	0.49	0.18	0.42
Total Current Liabilities	0.79	0.21		0.74	0.78	0.74	0.82	0.57	0.44	0.87	0.07	0.54	0.85	0.71	0.77	0.44	1.0	0.62	0.59	0.36	0.79	0.9	0.8	0.7	0.78	0.59
Total Stockholder Equity	1.0	0.38	0.74		0.98	1.0	0.99	0.61	0.87	0.96	0.44	0.85	0.97	0.81	0.88	0.84	0.75	0.94	0.94	0.45	0.98	0.94	0.88	0.95	0.97	0.94
Other Liab	0.98	0.39	0.78	0.98		0.98	0.98	0.59	0.8	0.98	0.51	0.87	0.97	0.82	0.89	0.86	0.79	0.9	0.92	0.39	0.97	0.95	0.85	0.93	0.94	0.89
Net Tangible Assets	1.0	0.37	0.74	1.0	0.98		0.99	0.61	0.87	0.96	0.43	0.84	0.97	0.81	0.88	0.83	0.75	0.94	0.94	0.45	0.98	0.94	0.88	0.95	0.97	0.94
Retained Earnings	0.99	0.34	0.82	0.99	0.98	0.99		0.61	0.8	0.99	0.37	0.81	0.99	0.83	0.9	0.78	0.83	0.9	0.91	0.37	0.99	0.98	0.89	0.93	0.96	0.89
Accounts Payable	0.62	0.85	0.57	0.61	0.59	0.61	0.61		0.43	0.68	0.13	0.52	0.65	0.91	0.7	0.46	0.58	0.61	0.61	0.3	0.62	0.64	0.68	0.66	0.46	0.56
Cash	0.84	0.34	0.44	0.87	0.8	0.87	0.8	0.43		0.74	0.56	0.86	0.73	0.64	0.74	0.87	0.45	0.95	0.92	0.61	0.78	0.68	0.77	0.91	0.85	0.98
Non Current Assets Total	0.98	0.42	0.87	0.96	0.98	0.96	0.99	0.68	0.74		0.37	0.81	0.99	0.87	0.92	0.77	0.88	0.87	0.88	0.39	0.97	0.98	0.9	0.92	0.93	0.86
Non Currrent Assets Other	0.4	0.45	0.07	0.44	0.51	0.43	0.37	0.13	0.56	0.37		0.78	0.31	0.3	0.35	0.83	0.08	0.5	0.51	0.44	0.3	0.22	0.19	0.48	0.34	0.53
Other Assets	0.83	0.53	0.54	0.85	0.87	0.84	0.81	0.52	0.86	0.81	0.78		0.77	0.76	0.84	0.98	0.55	0.91	0.9	0.47	0.77	0.71	0.75	0.91	0.76	0.9
Net Receivables	0.98	0.36	0.85	0.97	0.97	0.97	0.99	0.65	0.73	0.99	0.31	0.77		0.85	0.91	0.74	0.85	0.87	0.88	0.31	0.99	0.99	0.9	0.91	0.94	0.85
Non Current Liabilities Total	0.82	0.74	0.71	0.81	0.82	0.81	0.83	0.91	0.64	0.87	0.3	0.76	0.85		0.93	0.69	0.73	0.83	0.84	0.32	0.82	0.83	0.89	0.88	0.7	0.78
Inventory	0.89	0.49	0.77	0.88	0.89	0.88	0.9	0.7	0.74	0.92	0.35	0.84	0.91	0.93		0.77	0.78	0.91	0.91	0.28	0.89	0.9	0.97	0.95	0.81	0.86
Other Current Assets	0.81	0.51	0.44	0.84	0.86	0.83	0.78	0.46	0.87	0.77	0.83	0.98	0.74	0.69	0.77		0.46	0.89	0.9	0.5	0.75	0.66	0.68	0.88	0.75	0.9
Total Liab	0.8	0.23	1.0	0.75	0.79	0.75	0.83	0.58	0.45	0.88	0.08	0.55	0.85	0.73	0.78	0.46		0.63	0.6	0.36	0.8	0.91	0.8	0.71	0.79	0.6
Total Current Assets	0.92	0.46	0.62	0.94	0.9	0.94	0.9	0.61	0.95	0.87	0.5	0.91	0.87	0.83	0.91	0.89	0.63		0.99	0.49	0.89	0.83	0.91	0.99	0.89	0.99
Non Current Liabilities Other	0.92	0.47	0.59	0.94	0.92	0.94	0.91	0.61	0.92	0.88	0.51	0.9	0.88	0.84	0.91	0.9	0.6	0.99		0.4	0.91	0.83	0.89	0.98	0.88	0.97
Intangible Assets	0.45	0.34	0.36	0.45	0.39	0.45	0.37	0.3	0.61	0.39	0.44	0.47	0.31	0.32	0.28	0.5	0.36	0.49	0.4		0.29	0.32	0.35	0.48	0.49	0.55
Common Stock	0.98	0.32	0.79	0.98	0.97	0.98	0.99	0.62	0.78	0.97	0.3	0.77	0.99	0.82	0.89	0.75	0.8	0.89	0.91	0.29		0.97	0.89	0.91	0.95	0.87
Property Plant Equipment	0.96	0.31	0.9	0.94	0.95	0.94	0.98	0.64	0.68	0.98	0.22	0.71	0.99	0.83	0.9	0.66	0.91	0.83	0.83	0.32	0.97		0.91	0.87	0.93	0.81
Common Stock Shares Outstanding	0.89	0.39	0.8	0.88	0.85	0.88	0.89	0.68	0.77	0.9	0.19	0.75	0.9	0.89	0.97	0.68	0.8	0.91	0.89	0.35	0.89	0.91		0.94	0.85	0.87
Net Invested Capital	0.94	0.49	0.7	0.95	0.93	0.95	0.93	0.66	0.91	0.92	0.48	0.91	0.91	0.88	0.95	0.88	0.71	0.99	0.98	0.48	0.91	0.87	0.94		0.9	0.98
Short Long Term Debt	0.97	0.18	0.78	0.97	0.94	0.97	0.96	0.46	0.85	0.93	0.34	0.76	0.94	0.7	0.81	0.75	0.79	0.89	0.88	0.49	0.95	0.93	0.85	0.9		0.9
Net Working Capital	0.92	0.42	0.59	0.94	0.89	0.94	0.89	0.56	0.98	0.86	0.53	0.9	0.85	0.78	0.86	0.9	0.6	0.99	0.97	0.55	0.87	0.81	0.87	0.98	0.9

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Chengdu Kanghua Account Relationship Matchups

High Positive Relationship

Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity

High Negative Relationship

Not Found

Chengdu Kanghua fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	689.1M	2.1B	3.0B	3.7B	4.2B	4.4B
Other Current Liab	22.5M	49.5M	120.5M	227.9M	8.9K	8.4K
Total Current Liabilities	113.1M	170.3M	338.9M	611.7M	681.7M	715.8M
Total Stockholder Equity	574.7M	2.0B	2.7B	3.1B	3.5B	3.7B
Other Liab	1.4M	2.9M	8.5M	7.9M	9.1M	9.6M
Net Tangible Assets	565.5M	2.0B	2.7B	3.1B	3.5B	3.7B
Retained Earnings	268.8M	676.8M	1.4B	1.9B	2.3B	2.4B
Accounts Payable	3.5M	5.9M	6.1M	34.1M	7.1M	8.6M
Cash	241.6M	1.1B	926.9M	651.5M	1.0B	573.3M
Non Current Assets Total	111.8M	368.2M	1.1B	1.6B	1.6B	1.6B
Non Currrent Assets Other	3.4M	10.7M	56.3M	7.1M	3.9M	3.7M
Other Assets	22.9M	36.3M	99.4M	60.8M	69.9M	35.8M
Net Receivables	276.9M	352.7M	839.8M	1.3B	1.4B	1.5B
Non Current Liabilities Total	1.4M	2.9M	8.8M	23.7M	13.5M	7.3M
Inventory	48.6M	49.9M	105.5M	153.6M	173.5M	88.4M
Other Current Assets	10.1M	28.8M	70.5M	35.2M	40.5M	24.6M
Total Liab	114.5M	173.2M	347.7M	635.4M	695.2M	730.0M
Total Current Assets	577.3M	1.8B	1.9B	2.1B	2.7B	1.4B
Non Current Liabilities Other	1.4M	2.9M	3.8M	4.0M	4.8M	2.7M
Intangible Assets	9.1M	21.8M	18.8M	17.2M	15.4M	16.8M
Property Plant Equipment	79.9M	202.1M	488.7M	985.5M	1.1B	1.2B
Net Invested Capital	584.7M	2.0B	2.7B	3.2B	3.7B	2.0B
Net Working Capital	464.2M	1.6B	1.6B	1.5B	2.0B	1.2B

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Other Information on Investing in Chengdu Stock

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

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