Sichuan Net Debt vs Non Current Liabilities Total Analysis

600839 Stock   8.99  0.39  4.53%   
Sichuan Changhong financial indicator trend analysis is much more than just breaking down Sichuan Changhong prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Changhong is a good investment. Please check the relationship between Sichuan Changhong Net Debt and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Changhong Electric. 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.

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Changhong Net Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
Net DebtNon Current Liabilities TotalDiversified AwayNet DebtNon Current Liabilities TotalDiversified Away100%
The correlation between Sichuan Changhong's Net Debt and Non Current Liabilities Total is -0.43. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Sichuan Changhong Electric, assuming nothing else is changed. The correlation between historical values of Sichuan Changhong's Net Debt and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Sichuan Changhong Electric are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Debt i.e., Sichuan Changhong's Net Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Liabilities Total

Most indicators from Sichuan Changhong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Changhong 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 Sichuan Changhong Electric. 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 January 29, 2025, Selling General Administrative is expected to decline to about 5.8 B. In addition to that, Tax Provision is expected to decline to about 213.4 M
 2022 2023 2024 2025 (projected)
Gross Profit10.8B11.2B12.9B11.0B
Research Development2.3B2.2B2.5B1.8B

Sichuan Changhong fundamental ratios Correlations

-0.281.00.460.830.970.990.840.090.22-0.250.760.871.00.920.50.40.5-0.03-0.510.750.760.730.680.830.73
-0.28-0.27-0.33-0.3-0.43-0.3-0.30.040.19-0.06-0.11-0.46-0.27-0.10.310.30.240.460.23-0.54-0.15-0.16-0.06-0.47-0.15
1.0-0.270.430.860.970.990.880.010.18-0.220.790.881.00.940.490.360.540.0-0.480.740.790.770.720.840.78
0.46-0.330.430.340.470.510.130.370.35-0.430.550.390.450.240.30.410.01-0.32-0.290.550.320.210.050.650.22
0.83-0.30.860.340.820.830.82-0.370.110.00.640.790.820.890.27-0.10.60.07-0.380.610.740.750.710.740.74
0.97-0.430.970.470.820.980.870.010.04-0.180.750.880.970.880.340.30.43-0.08-0.510.830.80.770.70.90.78
0.99-0.30.990.510.830.980.820.080.16-0.250.760.850.990.90.430.390.47-0.05-0.530.790.780.730.680.860.74
0.84-0.30.880.130.820.870.82-0.32-0.10.070.720.80.850.920.350.090.650.13-0.360.580.830.880.870.780.89
0.090.040.010.37-0.370.010.08-0.320.47-0.360.02-0.110.09-0.220.370.72-0.42-0.47-0.120.13-0.31-0.41-0.49-0.02-0.4
0.220.190.180.350.110.040.16-0.10.47-0.460.180.150.220.130.720.480.270.030.08-0.1-0.12-0.13-0.19-0.02-0.16
-0.25-0.06-0.22-0.430.0-0.18-0.250.07-0.36-0.46-0.19-0.21-0.24-0.1-0.35-0.58-0.09-0.09-0.1-0.08-0.13-0.18-0.14-0.14-0.14
0.76-0.110.790.550.640.750.760.720.020.18-0.190.650.770.770.660.480.65-0.02-0.090.590.80.770.660.870.8
0.87-0.460.880.390.790.880.850.8-0.110.15-0.210.650.870.830.340.210.50.16-0.480.70.770.690.650.790.69
1.0-0.271.00.450.820.970.990.850.090.22-0.240.770.870.920.510.410.5-0.04-0.50.750.760.730.680.830.74
0.92-0.10.940.240.890.880.90.92-0.220.13-0.10.770.830.920.50.240.750.23-0.40.590.860.850.850.760.86
0.50.310.490.30.270.340.430.350.370.72-0.350.660.340.510.50.690.580.060.10.080.310.340.280.330.34
0.40.30.360.41-0.10.30.390.090.720.48-0.580.480.210.410.240.690.160.0-0.130.230.230.130.080.270.15
0.50.240.540.010.60.430.470.65-0.420.27-0.090.650.50.50.750.580.160.620.10.120.740.770.770.450.74
-0.030.460.0-0.320.07-0.08-0.050.13-0.470.03-0.09-0.020.16-0.040.230.060.00.620.02-0.260.380.30.4-0.10.26
-0.510.23-0.48-0.29-0.38-0.51-0.53-0.36-0.120.08-0.1-0.09-0.48-0.5-0.40.1-0.130.10.02-0.41-0.25-0.11-0.18-0.35-0.17
0.75-0.540.740.550.610.830.790.580.13-0.1-0.080.590.70.750.590.080.230.12-0.26-0.410.660.480.340.790.49
0.76-0.150.790.320.740.80.780.83-0.31-0.12-0.130.80.770.760.860.310.230.740.38-0.250.660.920.870.840.92
0.73-0.160.770.210.750.770.730.88-0.41-0.13-0.180.770.690.730.850.340.130.770.3-0.110.480.920.970.790.99
0.68-0.060.720.050.710.70.680.87-0.49-0.19-0.140.660.650.680.850.280.080.770.4-0.180.340.870.970.670.97
0.83-0.470.840.650.740.90.860.78-0.02-0.02-0.140.870.790.830.760.330.270.45-0.1-0.350.790.840.790.670.8
0.73-0.150.780.220.740.780.740.89-0.4-0.16-0.140.80.690.740.860.340.150.740.26-0.170.490.920.990.970.8
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Sichuan Changhong Account Relationship Matchups

Sichuan Changhong fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets78.6B79.4B85.5B94.4B108.6B114.0B
Other Current Liab6.3B4.9B217.5M362.1M416.5M395.6M
Total Current Liabilities54.3B54.3B59.3B65.2B74.9B78.7B
Total Stockholder Equity13.0B13.3B13.7B14.1B16.2B13.3B
Retained Earnings4.7B5.0B5.1B5.6B6.5B6.8B
Accounts Payable28.6B31.3B34.8B41.5B47.8B50.2B
Cash19.9B21.2B21.6B26.4B30.3B31.9B
Other Assets5.6B5.7B5.7B6.4B7.4B7.8B
Long Term Debt1.7B1.8B1.6B3.1B3.6B2.3B
Net Receivables8.7B9.5B11.9B15.0B17.2B11.7B
Short Term Investments658.4M805M750M300.3M270.3M374.9M
Inventory17.7B17.3B18.9B19.5B22.5B12.0B
Other Current Assets2.3B1.7B4.2B3.8B4.4B4.6B
Total Liab57.4B57.6B62.7B70.3B80.9B84.9B
Intangible Assets4.8B4.6B4.8B4.7B5.4B5.6B
Property Plant Equipment8.0B8.3B8.3B8.3B9.6B7.1B
Other Liab2.2B2.1B1.4B1.4B1.6B892.1M
Good Will206.0M171.0M151.4M141.8M127.6M171.2M
Net Tangible Assets8.5B8.4B8.5B9.0B8.1B7.2B
Other Stockholder Equity23.8M13.8M25.4M94.4M108.5M113.9M
Deferred Long Term Liab567.0M471.9M483.4M514.2M591.3M467.9M
Short Long Term Debt16.4B13.1B14.4B12.5B14.3B14.5B
Total Current Assets56.1B56.4B61.6B70.6B81.2B58.7B
Non Current Assets Total22.4B23.0B23.9B23.8B27.4B23.4B
Non Currrent Assets Other83.8M77.3M94.1M201.5M231.8M243.4M
Non Current Liabilities Total3.1B3.3B3.4B5.2B6.0B3.5B
Non Current Liabilities Other329.8M354.8M547.0M623.2M560.9M601.3M
Net Invested Capital31.1B28.1B29.6B29.7B34.2B32.5B
Net Working Capital1.8B2.1B2.3B5.4B4.9B2.7B
Property Plant And Equipment Net8.3B8.4B8.1B7.8B7.0B6.6B
Capital Lease Obligations7.2M110.7M131.3M235.9M271.3M284.8M
Property Plant And Equipment Gross14.2B14.6B14.7B14.8B17.0B16.0B

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Other Information on Investing in Sichuan Stock

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