Sichuan Other Non Cash Items vs Net Income 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 Other Non Cash Items and its Net Income 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.

Other Non Cash Items vs Net Income

Other Non Cash Items vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Changhong Other Non Cash Items account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Sichuan Changhong's Other Non Cash Items and Net Income is -0.31. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income 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 Other Non Cash Items and Net Income 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 Non Cash Items of Sichuan Changhong Electric are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., Sichuan Changhong's Other Non Cash Items and Net Income go up and down completely randomly.

Correlation Coefficient

-0.31

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Non Cash Items

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Sichuan Changhong financial statement analysis. It represents the amount of money remaining after all of Sichuan Changhong Electric operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 Profit	10.8B	11.2B	12.9B	11.0B
Research Development	2.3B	2.2B	2.5B	1.8B

Gross Profit Research Development

Sichuan Changhong 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	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		-0.28	1.0	0.46	0.83	0.97	0.99	0.84	0.09	0.22	-0.25	0.76	0.87	1.0	0.92	0.5	0.4	0.5	-0.03	-0.51	0.75	0.76	0.73	0.68	0.83	0.73
Other Current Liab	-0.28		-0.27	-0.33	-0.3	-0.43	-0.3	-0.3	0.04	0.19	-0.06	-0.11	-0.46	-0.27	-0.1	0.31	0.3	0.24	0.46	0.23	-0.54	-0.15	-0.16	-0.06	-0.47	-0.15
Total Current Liabilities	1.0	-0.27		0.43	0.86	0.97	0.99	0.88	0.01	0.18	-0.22	0.79	0.88	1.0	0.94	0.49	0.36	0.54	0.0	-0.48	0.74	0.79	0.77	0.72	0.84	0.78
Total Stockholder Equity	0.46	-0.33	0.43		0.34	0.47	0.51	0.13	0.37	0.35	-0.43	0.55	0.39	0.45	0.24	0.3	0.41	0.01	-0.32	-0.29	0.55	0.32	0.21	0.05	0.65	0.22
Retained Earnings	0.83	-0.3	0.86	0.34		0.82	0.83	0.82	-0.37	0.11	0.0	0.64	0.79	0.82	0.89	0.27	-0.1	0.6	0.07	-0.38	0.61	0.74	0.75	0.71	0.74	0.74
Accounts Payable	0.97	-0.43	0.97	0.47	0.82		0.98	0.87	0.01	0.04	-0.18	0.75	0.88	0.97	0.88	0.34	0.3	0.43	-0.08	-0.51	0.83	0.8	0.77	0.7	0.9	0.78
Cash	0.99	-0.3	0.99	0.51	0.83	0.98		0.82	0.08	0.16	-0.25	0.76	0.85	0.99	0.9	0.43	0.39	0.47	-0.05	-0.53	0.79	0.78	0.73	0.68	0.86	0.74
Other Assets	0.84	-0.3	0.88	0.13	0.82	0.87	0.82		-0.32	-0.1	0.07	0.72	0.8	0.85	0.92	0.35	0.09	0.65	0.13	-0.36	0.58	0.83	0.88	0.87	0.78	0.89
Long Term Debt	0.09	0.04	0.01	0.37	-0.37	0.01	0.08	-0.32		0.47	-0.36	0.02	-0.11	0.09	-0.22	0.37	0.72	-0.42	-0.47	-0.12	0.13	-0.31	-0.41	-0.49	-0.02	-0.4
Net Receivables	0.22	0.19	0.18	0.35	0.11	0.04	0.16	-0.1	0.47		-0.46	0.18	0.15	0.22	0.13	0.72	0.48	0.27	0.03	0.08	-0.1	-0.12	-0.13	-0.19	-0.02	-0.16
Short Term Investments	-0.25	-0.06	-0.22	-0.43	0.0	-0.18	-0.25	0.07	-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
Inventory	0.76	-0.11	0.79	0.55	0.64	0.75	0.76	0.72	0.02	0.18	-0.19		0.65	0.77	0.77	0.66	0.48	0.65	-0.02	-0.09	0.59	0.8	0.77	0.66	0.87	0.8
Other Current Assets	0.87	-0.46	0.88	0.39	0.79	0.88	0.85	0.8	-0.11	0.15	-0.21	0.65		0.87	0.83	0.34	0.21	0.5	0.16	-0.48	0.7	0.77	0.69	0.65	0.79	0.69
Total Liab	1.0	-0.27	1.0	0.45	0.82	0.97	0.99	0.85	0.09	0.22	-0.24	0.77	0.87		0.92	0.51	0.41	0.5	-0.04	-0.5	0.75	0.76	0.73	0.68	0.83	0.74
Intangible Assets	0.92	-0.1	0.94	0.24	0.89	0.88	0.9	0.92	-0.22	0.13	-0.1	0.77	0.83	0.92		0.5	0.24	0.75	0.23	-0.4	0.59	0.86	0.85	0.85	0.76	0.86
Common Stock	0.5	0.31	0.49	0.3	0.27	0.34	0.43	0.35	0.37	0.72	-0.35	0.66	0.34	0.51	0.5		0.69	0.58	0.06	0.1	0.08	0.31	0.34	0.28	0.33	0.34
Property Plant Equipment	0.4	0.3	0.36	0.41	-0.1	0.3	0.39	0.09	0.72	0.48	-0.58	0.48	0.21	0.41	0.24	0.69		0.16	0.0	-0.13	0.23	0.23	0.13	0.08	0.27	0.15
Other Liab	0.5	0.24	0.54	0.01	0.6	0.43	0.47	0.65	-0.42	0.27	-0.09	0.65	0.5	0.5	0.75	0.58	0.16		0.62	0.1	0.12	0.74	0.77	0.77	0.45	0.74
Good Will	-0.03	0.46	0.0	-0.32	0.07	-0.08	-0.05	0.13	-0.47	0.03	-0.09	-0.02	0.16	-0.04	0.23	0.06	0.0	0.62		0.02	-0.26	0.38	0.3	0.4	-0.1	0.26
Net Tangible Assets	-0.51	0.23	-0.48	-0.29	-0.38	-0.51	-0.53	-0.36	-0.12	0.08	-0.1	-0.09	-0.48	-0.5	-0.4	0.1	-0.13	0.1	0.02		-0.41	-0.25	-0.11	-0.18	-0.35	-0.17
Other Stockholder Equity	0.75	-0.54	0.74	0.55	0.61	0.83	0.79	0.58	0.13	-0.1	-0.08	0.59	0.7	0.75	0.59	0.08	0.23	0.12	-0.26	-0.41		0.66	0.48	0.34	0.79	0.49
Deferred Long Term Liab	0.76	-0.15	0.79	0.32	0.74	0.8	0.78	0.83	-0.31	-0.12	-0.13	0.8	0.77	0.76	0.86	0.31	0.23	0.74	0.38	-0.25	0.66		0.92	0.87	0.84	0.92
Long Term Investments	0.73	-0.16	0.77	0.21	0.75	0.77	0.73	0.88	-0.41	-0.13	-0.18	0.77	0.69	0.73	0.85	0.34	0.13	0.77	0.3	-0.11	0.48	0.92		0.97	0.79	0.99
Short Long Term Debt	0.68	-0.06	0.72	0.05	0.71	0.7	0.68	0.87	-0.49	-0.19	-0.14	0.66	0.65	0.68	0.85	0.28	0.08	0.77	0.4	-0.18	0.34	0.87	0.97		0.67	0.97
Total Current Assets	0.83	-0.47	0.84	0.65	0.74	0.9	0.86	0.78	-0.02	-0.02	-0.14	0.87	0.79	0.83	0.76	0.33	0.27	0.45	-0.1	-0.35	0.79	0.84	0.79	0.67		0.8
Short Term Debt	0.73	-0.15	0.78	0.22	0.74	0.78	0.74	0.89	-0.4	-0.16	-0.14	0.8	0.69	0.74	0.86	0.34	0.15	0.74	0.26	-0.17	0.49	0.92	0.99	0.97	0.8

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Sichuan Changhong Account Relationship Matchups

Sichuan Changhong fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	78.6B	79.4B	85.5B	94.4B	108.6B	114.0B
Other Current Liab	6.3B	4.9B	217.5M	362.1M	416.5M	395.6M
Total Current Liabilities	54.3B	54.3B	59.3B	65.2B	74.9B	78.7B
Total Stockholder Equity	13.0B	13.3B	13.7B	14.1B	16.2B	13.3B
Retained Earnings	4.7B	5.0B	5.1B	5.6B	6.5B	6.8B
Accounts Payable	28.6B	31.3B	34.8B	41.5B	47.8B	50.2B
Cash	19.9B	21.2B	21.6B	26.4B	30.3B	31.9B
Other Assets	5.6B	5.7B	5.7B	6.4B	7.4B	7.8B
Long Term Debt	1.7B	1.8B	1.6B	3.1B	3.6B	2.3B
Net Receivables	8.7B	9.5B	11.9B	15.0B	17.2B	11.7B
Short Term Investments	658.4M	805M	750M	300.3M	270.3M	374.9M
Inventory	17.7B	17.3B	18.9B	19.5B	22.5B	12.0B
Other Current Assets	2.3B	1.7B	4.2B	3.8B	4.4B	4.6B
Total Liab	57.4B	57.6B	62.7B	70.3B	80.9B	84.9B
Intangible Assets	4.8B	4.6B	4.8B	4.7B	5.4B	5.6B
Property Plant Equipment	8.0B	8.3B	8.3B	8.3B	9.6B	7.1B
Other Liab	2.2B	2.1B	1.4B	1.4B	1.6B	892.1M
Good Will	206.0M	171.0M	151.4M	141.8M	127.6M	171.2M
Net Tangible Assets	8.5B	8.4B	8.5B	9.0B	8.1B	7.2B
Other Stockholder Equity	23.8M	13.8M	25.4M	94.4M	108.5M	113.9M
Deferred Long Term Liab	567.0M	471.9M	483.4M	514.2M	591.3M	467.9M
Short Long Term Debt	16.4B	13.1B	14.4B	12.5B	14.3B	14.5B
Total Current Assets	56.1B	56.4B	61.6B	70.6B	81.2B	58.7B
Non Current Assets Total	22.4B	23.0B	23.9B	23.8B	27.4B	23.4B
Non Currrent Assets Other	83.8M	77.3M	94.1M	201.5M	231.8M	243.4M
Non Current Liabilities Total	3.1B	3.3B	3.4B	5.2B	6.0B	3.5B
Non Current Liabilities Other	329.8M	354.8M	547.0M	623.2M	560.9M	601.3M
Net Invested Capital	31.1B	28.1B	29.6B	29.7B	34.2B	32.5B
Net Working Capital	1.8B	2.1B	2.3B	5.4B	4.9B	2.7B
Property Plant And Equipment Net	8.3B	8.4B	8.1B	7.8B	7.0B	6.6B
Capital Lease Obligations	7.2M	110.7M	131.3M	235.9M	271.3M	284.8M
Property Plant And Equipment Gross	14.2B	14.6B	14.7B	14.8B	17.0B	16.0B

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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.

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Sichuan Other Non Cash Items vs Net Income Analysis

Other Non Cash Items vs Net Income

Other Non Cash Items vs Net Income Correlation Analysis

Correlation Coefficient

Other Non Cash Items

Net Income

Sichuan Changhong fundamental ratios Correlations

Sichuan Changhong Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sichuan Changhong fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Sichuan Stock

COMMON DESTINATIONS

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Total Current Liabilities	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Cash	+ 0.99	Total Assets
Cash	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Cash

Property Plant Equipment	- 0.58	Short Term Investments
Other Stockholder Equity	- 0.54	Other Current Liab
Net Tangible Assets	- 0.53	Cash
Net Tangible Assets	- 0.51	Accounts Payable
Net Tangible Assets	- 0.51	Total Assets
Net Tangible Assets	- 0.5	Total Liab