Wuhan Interest Income vs Reconciled Depreciation Analysis

300871 Stock   11.40  0.01  0.09%   
Wuhan Hvsen financial indicator trend analysis is more than just analyzing Wuhan Hvsen Biotechnology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wuhan Hvsen Biotechnology is a good investment. Please check the relationship between Wuhan Hvsen Interest Income and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wuhan Hvsen Biotechnology. 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.

Interest Income vs Reconciled Depreciation

Interest Income vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wuhan Hvsen Biotechnology Interest Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Wuhan Hvsen's Interest Income and Reconciled Depreciation is 0.47. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Wuhan Hvsen Biotechnology, assuming nothing else is changed. The correlation between historical values of Wuhan Hvsen's Interest Income 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 Interest Income of Wuhan Hvsen Biotechnology 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 Interest Income i.e., Wuhan Hvsen's Interest Income and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Reconciled Depreciation

Most indicators from Wuhan Hvsen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wuhan Hvsen Biotechnology 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 Wuhan Hvsen Biotechnology. 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 (4.1 M). In addition to that, Selling General Administrative is expected to decline to about 52.6 M
 2023 2024 (projected)
Minority Interest17.0K14.4K
Income Tax Expense4.6M4.4M

Wuhan Hvsen fundamental ratios Correlations

0.320.040.240.50.320.320.380.360.440.330.060.490.30.040.380.440.570.280.430.440.360.140.30.40.73
0.320.910.890.891.00.680.980.94-0.020.57-0.340.90.970.90.970.920.651.00.220.910.890.90.990.960.43
0.040.910.940.820.90.640.890.86-0.050.53-0.310.810.860.990.90.850.590.920.150.820.880.950.90.890.29
0.240.890.940.920.890.780.930.930.150.61-0.340.940.890.930.950.960.770.90.40.940.990.910.890.950.58
0.50.890.820.920.90.830.960.940.230.78-0.340.970.880.80.950.960.820.880.530.940.950.810.870.950.7
0.321.00.90.890.90.670.980.95-0.040.56-0.370.90.970.90.970.920.661.00.220.910.890.90.990.960.44
0.320.680.640.780.830.670.780.690.470.7-0.40.80.620.570.730.820.530.640.840.840.840.490.590.740.74
0.380.980.890.930.960.980.780.970.080.68-0.380.960.950.880.990.970.730.970.380.950.950.880.960.980.56
0.360.940.860.930.940.950.690.970.020.65-0.360.970.980.870.980.960.840.950.30.940.930.910.960.990.57
0.44-0.02-0.050.150.23-0.040.470.080.020.410.510.2-0.05-0.090.060.20.11-0.070.660.250.23-0.16-0.10.070.55
0.330.570.530.610.780.560.70.680.650.410.010.650.540.490.60.630.530.540.520.60.620.480.520.60.47
0.06-0.34-0.31-0.34-0.34-0.37-0.4-0.38-0.360.510.01-0.36-0.35-0.28-0.37-0.38-0.29-0.35-0.28-0.36-0.36-0.28-0.34-0.37-0.26
0.490.90.810.940.970.90.80.960.970.20.65-0.360.930.810.970.990.870.90.490.980.970.830.90.980.75
0.30.970.860.890.880.970.620.950.98-0.050.54-0.350.930.880.980.930.750.980.190.920.890.910.980.970.48
0.040.90.990.930.80.90.570.880.87-0.090.49-0.280.810.880.90.840.610.920.070.810.870.980.920.890.26
0.380.970.90.950.950.970.730.990.980.060.6-0.370.970.980.90.980.790.980.330.970.960.910.971.00.59
0.440.920.850.960.960.920.820.970.960.20.63-0.380.990.930.840.980.830.920.490.990.990.850.910.990.72
0.570.650.590.770.820.660.530.730.840.110.53-0.290.870.750.610.790.830.670.360.780.790.730.710.810.75
0.281.00.920.90.881.00.640.970.95-0.070.54-0.350.90.980.920.980.920.670.160.90.890.921.00.970.41
0.430.220.150.40.530.220.840.380.30.660.52-0.280.490.190.070.330.490.360.160.530.510.010.120.350.82
0.440.910.820.940.940.910.840.950.940.250.6-0.360.980.920.810.970.990.780.90.530.980.80.890.970.74
0.360.890.880.990.950.890.840.950.930.230.62-0.360.970.890.870.960.990.790.890.510.980.850.880.960.69
0.140.90.950.910.810.90.490.880.91-0.160.48-0.280.830.910.980.910.850.730.920.010.80.850.940.910.3
0.30.990.90.890.870.990.590.960.96-0.10.52-0.340.90.980.920.970.910.711.00.120.890.880.940.960.4
0.40.960.890.950.950.960.740.980.990.070.6-0.370.980.970.891.00.990.810.970.350.970.960.910.960.61
0.730.430.290.580.70.440.740.560.570.550.47-0.260.750.480.260.590.720.750.410.820.740.690.30.40.61
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Wuhan Hvsen Account Relationship Matchups

Wuhan Hvsen fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab22.2M45.0M57.9M61.5M3.8M3.7M
Total Current Liabilities203.8M338.7M503.3M804.9M781.1M410.7M
Other Liab24.3M28.0M45.0M72.4M83.3M87.4M
Net Tangible Assets280.1M1.3B1.5B1.4B1.6B1.7B
Retained Earnings191.6M341.8M429.3M427.1M341.9M271.4M
Accounts Payable121.1M194.4M311.3M489.7M472.5M240.9M
Other Assets26.0M67.0M25.9M32.7M37.6M26.7M
Net Receivables107.0M201.7M259.5M338.0M318.5M190.8M
Inventory72.4M127.3M231.6M199.0M228.7M144.0M
Other Current Assets8.7M25.0M9.4M8.6M5.3M9.1M
Total Current Assets292.5M1.2B1.6B1.4B1.3B863.0M
Property Plant Equipment233.3M412.3M1.0B1.5B1.7B1.8B
Total Assets650.1M1.8B2.7B3.0B3.0B1.9B
Total Stockholder Equity378.3M1.4B1.6B1.5B1.5B1.1B
Cash104.5M345.3M1.1B424.0M293.6M375.3M
Non Current Assets Total357.5M575.1M1.1B1.6B1.7B908.3M
Non Currrent Assets Other15.5M56.7M15.5M7.5M3.6M3.4M
Non Current Liabilities Total68.0M34.4M619.5M642.8M685.1M719.4M
Total Liab271.8M373.1M1.1B1.4B1.5B777.0M
Net Invested Capital441.0M1.4B2.3B2.3B2.4B1.5B
Net Working Capital88.8M838.5M1.1B546.5M484.9M510.8M
Intangible Assets98.2M95.8M110.1M106.9M104.2M101.2M
Short Long Term Debt29M63M100M220.1M240.3M124.2M

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Other Information on Investing in Wuhan Stock

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