Wanhua Selling General Administrative vs Total Operating Expenses Analysis

600309 Stock   68.06  0.32  0.47%   
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 Selling General Administrative and its Total Operating Expenses 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.

Selling General Administrative vs Total Operating Expenses

Selling General Administrative vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wanhua Chemical Group Selling General Administrative account and Total Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Wanhua Chemical's Selling General Administrative and Total Operating Expenses is 0.57. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Operating Expenses 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 Selling General Administrative and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Wanhua Chemical Group are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Selling General Administrative i.e., Wanhua Chemical's Selling General Administrative and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Selling General Administrative

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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 3.5 B. The current year's Tax Provision is expected to grow to about 2.6 B
 2022 2023 2024 2025 (projected)
Operating Income20.7B21.5B24.8B26.0B
Total Revenue165.6B175.4B201.7B211.7B

Wanhua Chemical fundamental ratios Correlations

0.070.990.990.990.960.920.940.90.570.990.871.00.560.970.110.930.990.960.97-0.760.730.870.880.760.98
0.070.140.140.15-0.160.110.24-0.270.430.16-0.130.030.470.260.220.330.16-0.060.24-0.180.50.330.240.48-0.05
0.990.140.990.990.920.950.950.850.580.990.850.990.590.990.120.960.990.940.99-0.760.770.910.910.80.96
0.990.140.991.00.940.920.960.860.620.990.830.990.590.980.110.960.990.950.99-0.770.780.890.890.810.97
0.990.150.991.00.940.920.960.860.620.990.820.980.590.980.110.960.990.940.99-0.780.790.890.890.810.97
0.96-0.160.920.940.940.810.860.960.480.920.830.960.430.870.050.830.930.960.88-0.690.60.730.750.630.98
0.920.110.950.920.920.810.890.760.460.930.840.930.530.930.080.890.910.860.93-0.720.70.930.940.740.89
0.940.240.950.960.960.860.890.770.670.950.730.930.660.950.080.940.930.880.96-0.760.790.880.870.820.9
0.9-0.270.850.860.860.960.760.770.380.860.890.920.370.810.080.720.870.890.77-0.670.440.620.670.470.93
0.570.430.580.620.620.480.460.670.380.630.330.530.650.60.240.70.560.450.65-0.460.780.540.570.730.47
0.990.160.990.990.990.920.930.950.860.630.830.980.580.970.140.950.980.920.98-0.820.760.880.90.780.96
0.87-0.130.850.830.820.830.840.730.890.330.830.890.50.850.20.760.850.840.78-0.580.510.710.730.550.84
1.00.030.990.990.980.960.930.930.920.530.980.890.540.960.110.920.980.960.95-0.760.70.860.870.730.98
0.560.470.590.590.590.430.530.660.370.650.580.50.540.660.240.660.580.490.6-0.350.770.70.670.770.45
0.970.260.990.980.980.870.930.950.810.60.970.850.960.660.140.980.980.920.98-0.70.810.920.90.850.92
0.110.220.120.110.110.050.080.080.080.240.140.20.110.240.140.150.130.050.1-0.020.140.080.090.120.05
0.930.330.960.960.960.830.890.940.720.70.950.760.920.660.980.150.960.890.98-0.670.90.920.890.920.88
0.990.160.990.990.990.930.910.930.870.560.980.850.980.580.980.130.960.950.97-0.730.770.890.870.80.96
0.96-0.060.940.950.940.960.860.880.890.450.920.840.960.490.920.050.890.950.91-0.650.680.810.790.720.97
0.970.240.990.990.990.880.930.960.770.650.980.780.950.60.980.10.980.970.91-0.760.840.930.920.860.93
-0.76-0.18-0.76-0.77-0.78-0.69-0.72-0.76-0.67-0.46-0.82-0.58-0.76-0.35-0.7-0.02-0.67-0.73-0.65-0.76-0.5-0.66-0.73-0.52-0.76
0.730.50.770.780.790.60.70.790.440.780.760.510.70.770.810.140.90.770.680.84-0.50.870.840.990.64
0.870.330.910.890.890.730.930.880.620.540.880.710.860.70.920.080.920.890.810.93-0.660.870.980.90.81
0.880.240.910.890.890.750.940.870.670.570.90.730.870.670.90.090.890.870.790.92-0.730.840.980.860.82
0.760.480.80.810.810.630.740.820.470.730.780.550.730.770.850.120.920.80.720.86-0.520.990.90.860.68
0.98-0.050.960.970.970.980.890.90.930.470.960.840.980.450.920.050.880.960.970.93-0.760.640.810.820.68
Click cells to compare fundamentals

Wanhua Chemical Account Relationship Matchups

Wanhua Chemical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets133.8B190.3B200.8B253.0B291.0B305.5B
Other Current Liab4.4B7.9B13.4B702.8M808.2M767.8M
Total Current Liabilities68.1B98.0B95.0B108.7B125.0B131.2B
Total Stockholder Equity48.8B68.5B76.8B88.7B102.0B107.1B
Retained Earnings43.1B63.7B72.1B81.0B93.2B97.8B
Accounts Payable17.5B13.3B24.2B45.6B52.4B55.1B
Cash17.6B34.2B19.0B23.7B27.3B28.6B
Other Assets3.8B4.3B3.8B6.1B7.0B7.4B
Long Term Debt11.8B15.6B16.2B39.8B45.8B48.1B
Net Receivables6.3B8.6B9.1B9.1B10.5B11.0B
Inventory8.7B18.3B18.2B20.7B23.7B24.9B
Other Current Assets2.3B3.1B1.4B3.3B3.8B4.0B
Total Liab82.1B118.6B119.5B158.6B182.4B191.5B
Property Plant Equipment47.0B61.5B79.6B98.2B112.9B118.6B
Other Liab1.4B1.6B1.8B2.1B2.5B2.6B
Intangible Assets6.9B8.0B10.0B10.8B12.4B13.0B
Good Will1.4B1.3B1.3B2.2B2.5B2.6B
Net Tangible Assets33.4B35.7B40.5B59.3B68.1B71.5B
Other Stockholder Equity(81.3M)375.2M(472.9M)(510.4M)(459.4M)(436.4M)
Short Long Term Debt38.2B53.9B44.0B43.5B50.1B29.4B
Total Current Assets40.5B72.3B51.5B61.9B71.1B40.3B
Non Current Assets Total93.2B118.0B149.3B191.2B219.9B230.8B
Non Currrent Assets Other81.8B3.5B5.3B9.3B10.7B14.7B
Non Current Liabilities Total14.0B20.6B24.5B49.9B57.4B60.3B
Deferred Long Term Liab48.6M58.7M27.8M29.1M33.5M39.7M
Non Current Liabilities Other274.8M281.9M252.7M202.9M182.6M173.5M
Net Debt32.5B35.3B41.2B59.6B68.6B34.9B
Net Invested Capital98.8B138.0B137.0B172.0B197.8B112.4B
Net Working Capital(27.6B)(25.7B)(43.5B)(46.8B)(42.1B)(40.0B)
Property Plant And Equipment Net79.6B98.2B122.4B157.2B180.7B114.2B
Property Plant And Equipment Gross111.1B134.3B166.3B157.2B180.7B144.5B

Currently Active Assets on Macroaxis

Other Information on Investing in Wanhua Stock

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.