Wanhua Other Liab vs Inventory Analysis

600309 Stock

73.91 0.57 0.77%

Wanhua Chemical financial indicator trend analysis is more than just analyzing Wanhua Chemical Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wanhua Chemical Group is a good investment. Please check the relationship between Wanhua Chemical Other Liab and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wanhua Chemical Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Liab vs Inventory

Other Liab vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wanhua Chemical Group Other Liab account and Inventory. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Wanhua Chemical's Other Liab and Inventory is 0.95. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Inventory in the same time period over historical financial statements of Wanhua Chemical Group, assuming nothing else is changed. The correlation between historical values of Wanhua Chemical's Other Liab and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Wanhua Chemical Group are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Liab i.e., Wanhua Chemical's Other Liab and Inventory go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Other Liab

Inventory

Most indicators from Wanhua Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wanhua Chemical Group 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 Wanhua Chemical Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Selling General Administrative is expected to grow to about 3.6 B. The current year's Tax Provision is expected to grow to about 2.6 B

	2021	2022	2023	2024 (projected)
Operating Income	31.7B	20.7B	21.5B	22.6B
Total Revenue	145.5B	165.6B	175.4B	184.1B

Operating Income Total Revenue

Wanhua Chemical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Short Term Investments	Other Liab	Intangible Assets	Good Will	Net Tangible Assets	Other Stockholder Equity	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.24	0.99	0.99	0.99	0.94	0.91	0.95	0.86	0.35	0.99	0.81	1.0	0.57	0.99	0.12	0.95	0.99	0.94	0.98	-0.73	0.75	0.88	0.88	0.78	0.9
Other Current Liab	0.24		0.32	0.32	0.33	-0.02	0.25	0.32	-0.17	0.63	0.34	0.0	0.2	0.54	0.34	0.23	0.41	0.34	0.09	0.33	-0.3	0.58	0.47	0.41	0.58	0.27
Total Current Liabilities	0.99	0.32		0.99	0.99	0.9	0.94	0.95	0.8	0.38	0.99	0.8	0.99	0.6	0.99	0.12	0.97	0.99	0.92	0.99	-0.72	0.79	0.93	0.92	0.82	0.91
Total Stockholder Equity	0.99	0.32	0.99		1.0	0.92	0.9	0.96	0.8	0.42	0.99	0.76	0.98	0.6	0.98	0.12	0.97	0.98	0.93	0.99	-0.73	0.8	0.9	0.89	0.83	0.91
Retained Earnings	0.99	0.33	0.99	1.0		0.91	0.9	0.96	0.79	0.43	0.99	0.75	0.98	0.59	0.98	0.11	0.98	0.99	0.92	0.99	-0.74	0.81	0.9	0.9	0.83	0.9
Accounts Payable	0.94	-0.02	0.9	0.92	0.91		0.76	0.87	0.93	0.19	0.89	0.75	0.94	0.42	0.89	0.05	0.85	0.91	0.94	0.89	-0.64	0.6	0.7	0.7	0.63	0.84
Cash	0.91	0.25	0.94	0.9	0.9	0.76		0.86	0.69	0.27	0.91	0.8	0.91	0.52	0.91	0.08	0.87	0.89	0.83	0.91	-0.67	0.69	0.94	0.95	0.73	0.84
Other Assets	0.95	0.32	0.95	0.96	0.96	0.87	0.86		0.75	0.47	0.96	0.68	0.93	0.64	0.95	0.07	0.93	0.92	0.88	0.96	-0.74	0.78	0.86	0.86	0.8	0.86
Long Term Debt	0.86	-0.17	0.8	0.8	0.79	0.93	0.69	0.75		0.06	0.8	0.85	0.88	0.35	0.8	0.08	0.7	0.81	0.83	0.76	-0.61	0.4	0.56	0.59	0.42	0.73
Net Receivables	0.35	0.63	0.38	0.42	0.43	0.19	0.27	0.47	0.06		0.44	0.07	0.3	0.7	0.4	0.23	0.52	0.35	0.19	0.45	-0.29	0.76	0.46	0.49	0.7	0.32
Inventory	0.99	0.34	0.99	0.99	0.99	0.89	0.91	0.96	0.8	0.44		0.77	0.98	0.59	0.97	0.15	0.95	0.97	0.88	0.98	-0.8	0.78	0.89	0.9	0.8	0.89
Other Current Assets	0.81	0.0	0.8	0.76	0.75	0.75	0.8	0.68	0.85	0.07	0.77		0.84	0.49	0.82	0.22	0.72	0.8	0.78	0.73	-0.49	0.47	0.67	0.69	0.51	0.68
Total Liab	1.0	0.2	0.99	0.98	0.98	0.94	0.91	0.93	0.88	0.3	0.98	0.84		0.55	0.98	0.12	0.93	0.98	0.94	0.97	-0.72	0.71	0.87	0.87	0.74	0.9
Common Stock	0.57	0.54	0.6	0.6	0.59	0.42	0.52	0.64	0.35	0.7	0.59	0.49	0.55		0.64	0.24	0.64	0.59	0.49	0.58	-0.3	0.76	0.67	0.65	0.76	0.61
Property Plant Equipment	0.99	0.34	0.99	0.98	0.98	0.89	0.91	0.95	0.8	0.4	0.97	0.82	0.98	0.64		0.14	0.97	0.99	0.92	0.97	-0.67	0.8	0.91	0.89	0.83	0.89
Short Term Investments	0.12	0.23	0.12	0.12	0.11	0.05	0.08	0.07	0.08	0.23	0.15	0.22	0.12	0.24	0.14		0.15	0.14	0.05	0.1	-0.02	0.14	0.08	0.1	0.12	0.03
Other Liab	0.95	0.41	0.97	0.97	0.98	0.85	0.87	0.93	0.7	0.52	0.95	0.72	0.93	0.64	0.97	0.15		0.97	0.9	0.98	-0.64	0.89	0.92	0.89	0.91	0.86
Intangible Assets	0.99	0.34	0.99	0.98	0.99	0.91	0.89	0.92	0.81	0.35	0.97	0.8	0.98	0.59	0.99	0.14	0.97		0.93	0.97	-0.68	0.78	0.89	0.86	0.82	0.9
Good Will	0.94	0.09	0.92	0.93	0.92	0.94	0.83	0.88	0.83	0.19	0.88	0.78	0.94	0.49	0.92	0.05	0.9	0.93		0.92	-0.57	0.69	0.8	0.76	0.73	0.86
Net Tangible Assets	0.98	0.33	0.99	0.99	0.99	0.89	0.91	0.96	0.76	0.45	0.98	0.73	0.97	0.58	0.97	0.1	0.98	0.97	0.92		-0.73	0.83	0.91	0.91	0.85	0.9
Other Stockholder Equity	-0.73	-0.3	-0.72	-0.73	-0.74	-0.64	-0.67	-0.74	-0.61	-0.29	-0.8	-0.49	-0.72	-0.3	-0.67	-0.02	-0.64	-0.68	-0.57	-0.73		-0.45	-0.6	-0.69	-0.47	-0.7
Long Term Investments	0.75	0.58	0.79	0.8	0.81	0.6	0.69	0.78	0.4	0.76	0.78	0.47	0.71	0.76	0.8	0.14	0.89	0.78	0.69	0.83	-0.45		0.86	0.83	0.99	0.75
Short Long Term Debt	0.88	0.47	0.93	0.9	0.9	0.7	0.94	0.86	0.56	0.46	0.89	0.67	0.87	0.67	0.91	0.08	0.92	0.89	0.8	0.91	-0.6	0.86		0.98	0.89	0.89
Total Current Assets	0.88	0.41	0.92	0.89	0.9	0.7	0.95	0.86	0.59	0.49	0.9	0.69	0.87	0.65	0.89	0.1	0.89	0.86	0.76	0.91	-0.69	0.83	0.98		0.85	0.89
Short Term Debt	0.78	0.58	0.82	0.83	0.83	0.63	0.73	0.8	0.42	0.7	0.8	0.51	0.74	0.76	0.83	0.12	0.91	0.82	0.73	0.85	-0.47	0.99	0.89	0.85		0.79
Non Current Assets Total	0.9	0.27	0.91	0.91	0.9	0.84	0.84	0.86	0.73	0.32	0.89	0.68	0.9	0.61	0.89	0.03	0.86	0.9	0.86	0.9	-0.7	0.75	0.89	0.89	0.79

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Wanhua Chemical Account Relationship Matchups

Wanhua Chemical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	96.9B	133.8B	190.3B	200.8B	253.0B	265.7B
Other Current Liab	8.7B	4.4B	7.9B	13.4B	702.8M	667.7M
Total Current Liabilities	44.8B	68.1B	98.0B	95.0B	108.7B	114.1B
Total Stockholder Equity	42.4B	48.8B	68.5B	76.8B	88.7B	93.1B
Retained Earnings	37.1B	43.1B	63.7B	72.1B	81.0B	85.1B
Accounts Payable	11.3B	17.5B	13.3B	24.2B	45.6B	47.9B
Cash	4.6B	17.6B	34.2B	19.0B	23.7B	24.9B
Other Assets	3.8B	4.3B	3.8B	6.1B	7.0B	7.4B
Long Term Debt	6.6B	11.8B	15.6B	16.2B	39.8B	41.8B
Net Receivables	8.9B	6.3B	8.6B	9.1B	9.1B	4.7B
Inventory	8.6B	8.7B	18.3B	18.2B	20.7B	21.7B
Other Current Assets	1.3B	2.3B	3.1B	1.4B	3.3B	3.5B
Total Liab	52.9B	82.1B	118.6B	119.5B	158.6B	166.5B
Property Plant Equipment	47.0B	61.5B	79.6B	98.2B	112.9B	118.6B
Other Liab	1.4B	1.6B	1.8B	2.1B	2.5B	2.6B
Intangible Assets	5.3B	6.9B	8.0B	10.0B	10.8B	11.3B
Good Will	1.4B	1.4B	1.3B	1.3B	2.2B	2.3B
Net Tangible Assets	33.4B	35.7B	40.5B	59.3B	68.1B	71.5B
Other Stockholder Equity	(81.3M)	375.2M	(472.9M)	(510.4M)	(459.4M)	(436.4M)
Short Long Term Debt	20.0B	38.2B	53.9B	44.0B	43.5B	29.4B
Total Current Assets	23.5B	40.5B	72.3B	51.5B	61.9B	40.3B
Non Current Assets Total	73.4B	93.2B	118.0B	149.3B	191.2B	103.2B
Non Currrent Assets Other	3.0B	81.8B	3.5B	5.3B	9.3B	14.7B
Non Current Liabilities Total	8.1B	14.0B	20.6B	24.5B	49.9B	52.4B
Deferred Long Term Liab	48.6M	58.7M	27.8M	29.1M	33.5M	39.7M
Non Current Liabilities Other	264.3M	274.8M	281.9M	252.7M	202.9M	192.8M
Net Debt	21.4B	32.5B	35.3B	41.2B	59.6B	34.9B
Net Invested Capital	68.4B	98.8B	138.0B	137.0B	172.0B	112.4B
Net Working Capital	(21.3B)	(27.6B)	(25.7B)	(43.5B)	(46.8B)	(44.5B)

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

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Wanhua Other Liab vs Inventory Analysis

Other Liab vs Inventory

Other Liab vs Inventory Correlation Analysis

Correlation Coefficient

Other Liab

Inventory

Wanhua Chemical fundamental ratios Correlations

Wanhua Chemical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wanhua Chemical fundamental ratios Accounts

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Other Information on Investing in Wanhua Stock

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

Other Stockholder Equity	- 0.8	Inventory
Other Stockholder Equity	- 0.74	Other Assets
Other Stockholder Equity	- 0.74	Retained Earnings
Other Stockholder Equity	- 0.73	Net Tangible Assets
Other Stockholder Equity	- 0.73	Total Stockholder Equity
Other Stockholder Equity	- 0.73	Total Assets