Tianjin Change In Working Capital vs Depreciation Analysis

600322 Stock   2.28  0.22  8.80%   
Tianjin Realty financial indicator trend analysis is much more than just breaking down Tianjin Realty Devel prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Realty Devel is a good investment. Please check the relationship between Tianjin Realty Change In Working Capital and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Realty Development. 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.

Change In Working Capital vs Depreciation

Change In Working Capital vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Realty Devel Change In Working Capital account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tianjin Realty's Change In Working Capital and Depreciation is -0.02. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Depreciation in the same time period over historical financial statements of Tianjin Realty Development, assuming nothing else is changed. The correlation between historical values of Tianjin Realty's Change In Working Capital and 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 Change In Working Capital of Tianjin Realty Development are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Working Capital i.e., Tianjin Realty's Change In Working Capital and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Depreciation

Depreciation indicates how much of Tianjin Realty Devel value has been used up. For tax purposes Tianjin Realty can deduct the cost of the tangible assets it purchases as business expenses. However, Tianjin Realty Development must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Tianjin Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Realty Devel 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 Tianjin Realty Development. 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 22, 2024, Selling General Administrative is expected to decline to about 172.2 M. In addition to that, Tax Provision is expected to decline to about 25.5 M
 2021 2022 2023 2024 (projected)
Operating Income506.6M45.7M1.2B1.2B
Total Revenue4.7B3.4B3.1B2.9B

Tianjin Realty fundamental ratios Correlations

0.47-0.390.3-0.040.670.840.810.990.980.52-0.48-0.180.440.730.640.2-0.20.62-0.210.18-0.540.66-0.530.230.19
0.470.440.94-0.580.570.140.40.490.280.250.140.520.810.22-0.120.89-0.55-0.170.66-0.50.40.730.410.440.86
-0.390.440.42-0.390.0-0.42-0.35-0.37-0.530.090.270.930.33-0.43-0.640.43-0.23-0.690.67-0.590.750.010.750.020.41
0.30.940.42-0.760.51-0.10.310.330.12-0.080.430.390.780.17-0.220.99-0.62-0.280.78-0.610.530.760.530.480.96
-0.04-0.58-0.39-0.76-0.490.33-0.2-0.040.060.43-0.69-0.22-0.55-0.170.31-0.80.570.44-0.770.7-0.58-0.69-0.59-0.23-0.76
0.670.570.00.51-0.490.380.850.610.60.220.050.080.50.310.020.46-0.310.040.36-0.450.020.750.020.080.46
0.840.14-0.42-0.10.330.380.60.810.890.76-0.82-0.190.210.620.61-0.210.00.67-0.560.55-0.70.2-0.690.2-0.16
0.810.4-0.350.31-0.20.850.60.760.780.3-0.15-0.190.360.380.210.24-0.140.290.07-0.17-0.280.64-0.280.10.27
0.990.49-0.370.33-0.040.610.810.760.960.5-0.48-0.160.480.760.660.23-0.250.61-0.20.19-0.520.66-0.520.270.21
0.980.28-0.530.120.060.60.890.780.960.5-0.56-0.330.320.770.710.03-0.140.71-0.380.33-0.680.55-0.670.190.03
0.520.250.09-0.080.430.220.760.30.50.5-0.870.370.210.170.22-0.20.120.31-0.330.34-0.33-0.06-0.32-0.03-0.19
-0.480.140.270.43-0.690.05-0.82-0.15-0.48-0.56-0.870.020.04-0.35-0.530.53-0.21-0.580.74-0.720.680.260.670.020.51
-0.180.520.930.39-0.220.08-0.19-0.19-0.16-0.330.370.020.39-0.36-0.50.36-0.16-0.540.56-0.510.60.040.60.00.34
0.440.810.330.78-0.550.50.210.360.480.320.210.040.390.41-0.060.72-0.72-0.20.46-0.330.260.610.290.660.75
0.730.22-0.430.17-0.170.310.620.380.760.770.17-0.35-0.360.410.770.12-0.470.57-0.360.38-0.580.54-0.560.410.11
0.64-0.12-0.64-0.220.310.020.610.210.660.710.22-0.53-0.5-0.060.77-0.270.130.9-0.680.62-0.840.26-0.840.07-0.3
0.20.890.430.99-0.80.46-0.210.240.230.03-0.20.530.360.720.12-0.27-0.62-0.330.82-0.640.580.730.590.450.96
-0.2-0.55-0.23-0.620.57-0.310.0-0.14-0.25-0.140.12-0.21-0.16-0.72-0.470.13-0.620.37-0.40.27-0.29-0.44-0.32-0.62-0.64
0.62-0.17-0.69-0.280.440.040.670.290.610.710.31-0.58-0.54-0.20.570.9-0.330.37-0.730.69-0.90.19-0.9-0.01-0.34
-0.210.660.670.78-0.770.36-0.560.07-0.2-0.38-0.330.740.560.46-0.36-0.680.82-0.4-0.73-0.920.890.440.890.130.79
0.18-0.5-0.59-0.610.7-0.450.55-0.170.190.330.34-0.72-0.51-0.330.380.62-0.640.270.69-0.92-0.8-0.44-0.790.07-0.61
-0.540.40.750.53-0.580.02-0.7-0.28-0.52-0.68-0.330.680.60.26-0.58-0.840.58-0.29-0.90.89-0.80.031.00.020.55
0.660.730.010.76-0.690.750.20.640.660.55-0.060.260.040.610.540.260.73-0.440.190.44-0.440.030.030.280.69
-0.530.410.750.53-0.590.02-0.69-0.28-0.52-0.67-0.320.670.60.29-0.56-0.840.59-0.32-0.90.89-0.791.00.030.040.56
0.230.440.020.48-0.230.080.20.10.270.19-0.030.020.00.660.410.070.45-0.62-0.010.130.070.020.280.040.62
0.190.860.410.96-0.760.46-0.160.270.210.03-0.190.510.340.750.11-0.30.96-0.64-0.340.79-0.610.550.690.560.62
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Tianjin Realty Account Relationship Matchups

Tianjin Realty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.6B22.9B18.9B16.6B15.6B16.1B
Total Stockholder Equity4.7B2.1B490.2M194.1M231.9M220.3M
Other Liab10.1M9.9M23.9M57.3M51.6M49.0M
Retained Earnings1.3B(1.2B)(3.0B)(3.6B)(3.6B)(3.4B)
Accounts Payable1.7B1.4B1.5B1.8B1.9B2.0B
Cash579.5M834.2M642.0M181.6M237.6M225.8M
Other Assets1.8B1.5B1.9B1.5B1.7B1.0B
Long Term Debt5.0B5.6B4.0B2.4B3.7B4.1B
Inventory21.9B18.4B15.5B13.7B10.6B12.8B
Total Liab20.1B20.3B17.9B15.8B14.9B12.4B
Property Plant Equipment87.9M85.1M77.4M70.3M63.2M105.9M
Intangible Assets5.6M5.5M5.3M5.2M5.1M7.2M
Other Current Liab5.0B7.4B6.9B5.5B112.0M106.4M
Total Current Liabilities15.1B14.7B13.8B13.4B11.1B15.5B
Net Tangible Assets4.6B2.1B474.3M188.9M170.0M161.5M
Net Receivables36.8M90.9K103.1K249.8K2.2B2.3B
Other Current Assets691.9M565.1M384.1M432.5M694.1M609.7M
Deferred Long Term Liab4.7M4.9M3.4M2.5M2.2M4.2M
Short Long Term Debt490M325.0M285.0M429.7M414.1M638.3M
Total Current Assets23.2B20.2B16.9B14.7B13.9B18.4B
Non Current Assets Total2.4B2.7B2.0B1.9B1.7B1.7B
Non Currrent Assets Other523.3M435.5M83.9M77.7M69.9M66.4M
Non Current Liabilities Total5.0B5.7B4.0B2.4B3.7B5.5B
Net Debt4.9B5.1B3.6B2.6B3.9B3.7B
Net Invested Capital10.1B8.1B4.8B3.0B4.4B6.5B
Net Working Capital8.1B5.5B3.1B1.3B2.8B5.0B

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Other Information on Investing in Tianjin Stock

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