Luenmei Investments vs Change To Operating Activities Analysis

600167 Stock   6.12  0.05  0.82%   
Luenmei Quantum financial indicator trend analysis is infinitely more than just investigating Luenmei Quantum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luenmei Quantum is a good investment. Please check the relationship between Luenmei Quantum Investments and its Change To Operating Activities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Luenmei Quantum Co. 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.

Investments vs Change To Operating Activities

Investments vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luenmei Quantum Investments account and Change To Operating Activities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Luenmei Quantum's Investments and Change To Operating Activities is -0.07. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Luenmei Quantum Co, assuming nothing else is changed. The correlation between historical values of Luenmei Quantum's Investments and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Luenmei Quantum Co are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Investments i.e., Luenmei Quantum's Investments and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change To Operating Activities

Most indicators from Luenmei Quantum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luenmei Quantum 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 Luenmei Quantum Co. 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 173.4 M. The current year's Tax Provision is expected to grow to about 230.2 M
 2021 2022 2023 2024 (projected)
Cost Of Revenue1.9B2.1B2.2B2.3B
Total Revenue3.5B3.5B3.4B3.6B

Luenmei Quantum fundamental ratios Correlations

0.470.940.990.20.560.980.320.680.910.620.940.930.950.97-0.690.50.980.930.860.860.840.850.95-0.560.93
0.470.590.430.390.550.430.480.220.380.60.560.350.480.48-0.06-0.030.460.490.270.40.640.30.470.030.48
0.940.590.920.10.430.910.30.510.890.610.890.870.920.92-0.50.50.940.850.870.850.780.870.86-0.580.91
0.990.430.920.120.490.990.30.620.920.640.890.890.960.93-0.720.550.980.960.880.880.860.860.97-0.540.94
0.20.390.10.120.780.090.520.65-0.050.110.470.230.060.340.03-0.420.080.06-0.2-0.130.06-0.190.050.07-0.1
0.560.550.430.490.780.450.530.850.380.410.730.550.430.65-0.350.00.470.530.20.360.540.250.50.060.37
0.980.430.910.990.090.450.290.560.880.60.860.890.940.91-0.670.490.960.950.860.860.840.850.97-0.570.94
0.320.480.30.30.520.530.290.340.220.30.370.190.260.320.04-0.140.270.330.170.230.320.150.330.080.17
0.680.220.510.620.650.850.560.340.540.330.80.730.540.77-0.60.190.590.560.390.430.450.420.56-0.220.44
0.910.380.890.92-0.050.380.880.220.540.740.80.80.970.85-0.730.660.960.880.940.890.860.880.89-0.460.91
0.620.60.610.640.110.410.60.30.330.740.560.380.740.53-0.50.450.710.690.580.650.840.580.680.130.61
0.940.560.890.890.470.730.860.370.80.80.560.920.850.98-0.550.330.890.810.70.720.740.710.81-0.50.8
0.930.350.870.890.230.550.890.190.730.80.380.920.830.96-0.620.40.880.80.770.730.650.770.82-0.650.85
0.950.480.920.960.060.430.940.260.540.970.740.850.830.9-0.720.570.980.920.910.870.890.840.92-0.520.93
0.970.480.920.930.340.650.910.320.770.850.530.980.960.9-0.640.450.930.860.790.770.750.780.86-0.570.86
-0.69-0.06-0.5-0.720.03-0.35-0.670.04-0.6-0.73-0.5-0.55-0.62-0.72-0.64-0.53-0.71-0.72-0.58-0.63-0.66-0.6-0.720.31-0.67
0.5-0.030.50.55-0.420.00.49-0.140.190.660.450.330.40.570.45-0.530.610.560.710.660.50.690.53-0.230.61
0.980.460.940.980.080.470.960.270.590.960.710.890.880.980.93-0.710.610.940.910.910.870.90.95-0.510.95
0.930.490.850.960.060.530.950.330.560.880.690.810.80.920.86-0.720.560.940.830.920.930.860.99-0.350.95
0.860.270.870.88-0.20.20.860.170.390.940.580.70.770.910.79-0.580.710.910.830.870.750.890.84-0.570.89
0.860.40.850.88-0.130.360.860.230.430.890.650.720.730.870.77-0.630.660.910.920.870.860.970.92-0.340.93
0.840.640.780.860.060.540.840.320.450.860.840.740.650.890.75-0.660.50.870.930.750.860.750.91-0.170.88
0.850.30.870.86-0.190.250.850.150.420.880.580.710.770.840.78-0.60.690.90.860.890.970.750.88-0.430.91
0.950.470.860.970.050.50.970.330.560.890.680.810.820.920.86-0.720.530.950.990.840.920.910.88-0.380.95
-0.560.03-0.58-0.540.070.06-0.570.08-0.22-0.460.13-0.5-0.65-0.52-0.570.31-0.23-0.51-0.35-0.57-0.34-0.17-0.43-0.38-0.5
0.930.480.910.94-0.10.370.940.170.440.910.610.80.850.930.86-0.670.610.950.950.890.930.880.910.95-0.5
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Luenmei Quantum Account Relationship Matchups

Luenmei Quantum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.1B13.9B13.5B16.7B17.6B18.5B
Other Current Liab1.7B1.4B1.4B1.6B1.8B940.8M
Total Current Liabilities2.5B3.3B3.3B3.8B4.0B4.2B
Total Stockholder Equity7.6B8.8B8.7B10.6B11.0B11.6B
Other Liab1.7B1.4B1.1B862.3M991.6M1.4B
Accounts Payable473.6M405.8M381.1M360.9M467.2M242.4M
Cash5.1B6.0B5.5B7.9B8.0B8.4B
Other Assets279.7M288.4M181.6M182.2M209.5M159.1M
Net Receivables894.3M883.9M735.9M834.1M867.2M910.6M
Inventory259.2M306.2M293.0M296.4M291.4M306.0M
Other Current Assets435.9M450.4M455.9M409.7M127.5M128.6M
Total Liab4.3B4.8B4.5B5.2B5.8B6.0B
Intangible Assets311.2M304.2M299.6M602.6M649.3M681.8M
Property Plant Equipment3.3B3.4B3.8B4.3B5.0B5.2B
Long Term Debt90.1M84.8M70.7M63.4M57.6M66.8M
Short Term Investments30M34.3M110.5M56.0M50.3M47.9M
Retained Earnings4.4B5.6B5.8B6.4B6.3B6.6B
Net Tangible Assets7.2B8.4B8.4B9.9B11.4B7.0B
Other Stockholder Equity135.9M145.2M155.9M156.1M179.6M188.5M
Deferred Long Term Liab8.4M17.8M16.0M16.3M18.7M11.9M
Total Current Assets6.7B8.1B7.2B9.6B9.8B7.2B
Non Current Assets Total5.4B5.8B6.3B7.1B7.8B6.4B
Non Currrent Assets Other151.7M149.5M32.5M31.6M38.8M58.3M
Non Current Liabilities Total1.8B1.5B1.3B1.4B1.7B1.4B
Net Invested Capital7.9B10.3B10.1B12.3B12.6B10.5B
Net Working Capital4.2B4.8B4.0B5.8B5.8B5.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Luenmei Stock

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