Danhua Capital Expenditures vs Depreciation Analysis

600844 Stock

3.16 0.05 1.56%

Danhua Chemical financial indicator trend analysis is much more than just examining Danhua Chemical Tech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Danhua Chemical Tech is a good investment. Please check the relationship between Danhua Chemical Capital Expenditures and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Danhua Chemical Technology. 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.

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Danhua Chemical Tech Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Danhua Chemical's Capital Expenditures and Depreciation is 0.48. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Danhua Chemical Technology, assuming nothing else is changed. The correlation between historical values of Danhua Chemical's Capital Expenditures 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 Capital Expenditures of Danhua Chemical Technology 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 Capital Expenditures i.e., Danhua Chemical's Capital Expenditures and Depreciation go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

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Capital Expenditures

Capital Expenditures are funds used by Danhua Chemical Tech to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Danhua Chemical operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Depreciation

Depreciation indicates how much of Danhua Chemical Tech value has been used up. For tax purposes Danhua Chemical can deduct the cost of the tangible assets it purchases as business expenses. However, Danhua Chemical Technology 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 Danhua Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Danhua Chemical Tech 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 Danhua Chemical Technology. 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 28, 2024, Selling General Administrative is expected to decline to about 28.3 M. In addition to that, Tax Provision is expected to decline to about 5.3 M

	2021	2022	2023	2024 (projected)
Cost Of Revenue	945.5M	889.4M	1.1B	559.2M
Total Revenue	1.1B	933.8M	861.1M	719.4M

Cost Of Revenue Total Revenue

Danhua Chemical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Deferred Long Term Liab	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other
Total Assets		0.71	0.54	0.47	0.2	0.47	0.24	0.66	0.21	0.62	-0.35	0.38	0.38	0.64	0.84	0.03	0.91	0.24	0.27	-0.33	0.76	0.53	0.34	-0.01	0.7	0.37
Other Current Liab	0.71		0.71	0.15	0.31	0.55	0.46	0.42	0.28	0.56	-0.1	0.37	0.49	0.64	0.68	-0.1	0.66	0.26	-0.07	-0.43	0.62	0.56	0.44	-0.13	0.67	0.46
Total Current Liabilities	0.54	0.71		-0.3	0.48	0.55	0.6	0.18	-0.07	0.57	0.08	0.28	0.63	0.86	0.53	-0.45	0.54	0.4	-0.44	-0.7	0.56	0.72	0.61	-0.31	0.62	0.63
Total Stockholder Equity	0.47	0.15	-0.3		-0.35	0.19	-0.45	0.65	0.25	-0.25	-0.12	0.54	-0.27	-0.36	0.26	0.47	0.22	-0.24	0.96	0.43	0.43	-0.12	-0.42	0.63	0.39	-0.38
Other Liab	0.2	0.31	0.48	-0.35		0.09	0.05	0.04	-0.16	0.24	-0.31	-0.04	0.83	0.5	0.45	-0.1	0.29	0.73	-0.39	-0.45	0.13	0.42	0.54	-0.53	0.14	0.52
Retained Earnings	0.47	0.55	0.55	0.19	0.09		0.15	0.49	-0.33	0.35	0.56	0.47	0.33	0.4	0.29	-0.57	0.23	0.18	0.04	-0.6	0.91	0.73	0.61	-0.23	0.87	0.64
Accounts Payable	0.24	0.46	0.6	-0.45	0.05	0.15		-0.25	0.0	0.67	0.06	-0.16	0.13	0.67	0.19	-0.31	0.43	0.0	-0.55	-0.52	0.09	0.37	0.39	-0.38	0.14	0.39
Cash	0.66	0.42	0.18	0.65	0.04	0.49	-0.25		0.14	0.23	-0.09	0.32	0.06	0.16	0.6	0.2	0.5	-0.08	0.55	-0.05	0.66	0.52	0.25	0.12	0.73	0.28
Other Assets	0.21	0.28	-0.07	0.25	-0.16	-0.33	0.0	0.14		0.05	-0.5	-0.12	-0.17	-0.05	0.26	0.51	0.28	-0.19	0.19	0.54	-0.15	-0.36	-0.33	0.45	-0.18	-0.3
Long Term Debt	0.62	0.56	0.57	-0.25	0.24	0.35	0.67	0.23	0.05		-0.24	-0.24	0.39	0.86	0.63	-0.27	0.78	0.26	-0.45	-0.64	0.4	0.62	0.73	-0.59	0.38	0.73
Net Receivables	-0.35	-0.1	0.08	-0.12	-0.31	0.56	0.06	-0.09	-0.5	-0.24		0.22	-0.16	-0.16	-0.59	-0.67	-0.57	-0.18	-0.05	-0.21	0.25	0.26	0.18	-0.03	0.28	0.19
Inventory	0.38	0.37	0.28	0.54	-0.04	0.47	-0.16	0.32	-0.12	-0.24	0.22		0.11	-0.03	0.18	-0.06	0.09	0.01	0.45	-0.08	0.59	0.21	-0.09	0.31	0.58	-0.06
Other Current Assets	0.38	0.49	0.63	-0.27	0.83	0.33	0.13	0.06	-0.17	0.39	-0.16	0.11		0.62	0.52	-0.26	0.39	0.94	-0.39	-0.56	0.36	0.53	0.57	-0.44	0.37	0.58
Total Liab	0.64	0.64	0.86	-0.36	0.5	0.4	0.67	0.16	-0.05	0.86	-0.16	-0.03	0.62		0.61	-0.45	0.73	0.44	-0.53	-0.75	0.48	0.73	0.76	-0.56	0.45	0.76
Intangible Assets	0.84	0.68	0.53	0.26	0.45	0.29	0.19	0.6	0.26	0.63	-0.59	0.18	0.52	0.61		0.3	0.9	0.38	0.06	-0.33	0.54	0.48	0.37	-0.13	0.56	0.39
Common Stock	0.03	-0.1	-0.45	0.47	-0.1	-0.57	-0.31	0.2	0.51	-0.27	-0.67	-0.06	-0.26	-0.45	0.3		0.16	-0.17	0.5	0.64	-0.36	-0.51	-0.63	0.51	-0.25	-0.62
Property Plant Equipment	0.91	0.66	0.54	0.22	0.29	0.23	0.43	0.5	0.28	0.78	-0.57	0.09	0.39	0.73	0.9	0.16		0.25	0.03	-0.37	0.51	0.46	0.38	-0.18	0.47	0.39
Short Term Investments	0.24	0.26	0.4	-0.24	0.73	0.18	0.0	-0.08	-0.19	0.26	-0.18	0.01	0.94	0.44	0.38	-0.17	0.25		-0.32	-0.4	0.21	0.33	0.39	-0.31	0.2	0.39
Net Tangible Assets	0.27	-0.07	-0.44	0.96	-0.39	0.04	-0.55	0.55	0.19	-0.45	-0.05	0.45	-0.39	-0.53	0.06	0.5	0.03	-0.32		0.56	0.26	-0.25	-0.55	0.69	0.23	-0.53
Deferred Long Term Liab	-0.33	-0.43	-0.7	0.43	-0.45	-0.6	-0.52	-0.05	0.54	-0.64	-0.21	-0.08	-0.56	-0.75	-0.33	0.64	-0.37	-0.4	0.56		-0.49	-0.78	-0.82	0.79	-0.48	-0.81
Non Current Assets Total	0.76	0.62	0.56	0.43	0.13	0.91	0.09	0.66	-0.15	0.4	0.25	0.59	0.36	0.48	0.54	-0.36	0.51	0.21	0.26	-0.49		0.7	0.51	-0.08	0.92	0.55
Non Currrent Assets Other	0.53	0.56	0.72	-0.12	0.42	0.73	0.37	0.52	-0.36	0.62	0.26	0.21	0.53	0.73	0.48	-0.51	0.46	0.33	-0.25	-0.78	0.7		0.84	-0.54	0.8	0.85
Non Current Liabilities Total	0.34	0.44	0.61	-0.42	0.54	0.61	0.39	0.25	-0.33	0.73	0.18	-0.09	0.57	0.76	0.37	-0.63	0.38	0.39	-0.55	-0.82	0.51	0.84		-0.83	0.48	1.0
Short Long Term Debt	-0.01	-0.13	-0.31	0.63	-0.53	-0.23	-0.38	0.12	0.45	-0.59	-0.03	0.31	-0.44	-0.56	-0.13	0.51	-0.18	-0.31	0.69	0.79	-0.08	-0.54	-0.83		-0.03	-0.8
Total Current Assets	0.7	0.67	0.62	0.39	0.14	0.87	0.14	0.73	-0.18	0.38	0.28	0.58	0.37	0.45	0.56	-0.25	0.47	0.2	0.23	-0.48	0.92	0.8	0.48	-0.03		0.52
Non Current Liabilities Other	0.37	0.46	0.63	-0.38	0.52	0.64	0.39	0.28	-0.3	0.73	0.19	-0.06	0.58	0.76	0.39	-0.62	0.39	0.39	-0.53	-0.81	0.55	0.85	1.0	-0.8	0.52

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Danhua Chemical Account Relationship Matchups

Danhua Chemical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2B	2.6B	2.3B	1.9B	1.5B	2.6B
Other Current Liab	247.7M	228.7M	169.0M	203.5M	3.7M	3.5M
Total Current Liabilities	697.3M	773.4M	548.2M	493.6M	627.0M	600.3M
Total Stockholder Equity	1.9B	1.3B	1.2B	933.8M	540.2M	1.0B
Other Liab	37.5M	36.0M	36.5M	83.8M	96.4M	71.3M
Retained Earnings	(1.1B)	(1.5B)	(1.6B)	(1.8B)	(2.3B)	(2.2B)
Accounts Payable	163.6M	116.3M	125.6M	124.2M	215.3M	141.9M
Cash	79.5M	147.5M	79.6M	47.9M	25.1M	23.9M
Other Assets	165.7M	301.9M	266.4M	107.5M	123.6M	130.0M
Net Receivables	56.2M	97.8M	33.5M	16.8M	23.0M	21.9M
Inventory	289.0M	128.3M	118.6M	124.1M	62.9M	122.0M
Other Current Assets	20.4M	14.4M	3.4M	21.0M	5.1M	4.8M
Total Liab	734.8M	809.4M	584.7M	578.7M	685.5M	1.1B
Intangible Assets	150.6M	139.2M	128.5M	125.0M	121.5M	94.0M
Property Plant Equipment	2.1B	1.7B	1.5B	1.3B	1.5B	1.7B
Net Tangible Assets	1.5B	1.2B	1.1B	808.8M	727.9M	1.1B
Deferred Long Term Liab	71.6M	127.8M	69.8M	62.3M	71.6M	73.2M
Non Current Assets Total	2.7B	2.2B	2.0B	1.6B	1.3B	1.9B
Non Currrent Assets Other	2.0M	1.7M	1.1M	251.1K	226.0K	214.7K
Non Current Liabilities Total	37.5M	36.0M	36.5M	85.1M	58.5M	76.3M
Short Long Term Debt	260M	400.5M	222.6M	137.9M	158.6M	191.0M
Total Current Assets	446.7M	393.9M	264.3M	254.7M	136.0M	129.2M
Net Debt	180.5M	253.0M	143.0M	90.0M	133.5M	147.4M
Net Invested Capital	2.0B	1.7B	1.5B	1.1B	698.8M	1.3B
Net Working Capital	(250.6M)	(379.5M)	(283.9M)	(239.0M)	(491.0M)	(466.5M)

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

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Danhua Capital Expenditures vs Depreciation Analysis

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

Correlation Coefficient

Capital Expenditures

Depreciation

Danhua Chemical fundamental ratios Correlations

Danhua Chemical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Danhua Chemical fundamental ratios Accounts

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Other Information on Investing in Danhua Stock

COMMON DESTINATIONS

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COMPANY

Non Current Liabilities Other	+ 1.0	Non Current Liabilities Total
Net Tangible Assets	+ 0.96	Total Stockholder Equity
Short Term Investments	+ 0.94	Other Current Assets
Total Current Assets	+ 0.92	Non Current Assets Total
Property Plant Equipment	+ 0.91	Total Assets
Non Current Assets Total	+ 0.91	Retained Earnings

Short Long Term Debt	- 0.83	Non Current Liabilities Total
Non Current Liabilities Total	- 0.82	Deferred Long Term Liab
Non Current Liabilities Other	- 0.81	Deferred Long Term Liab
Non Current Liabilities Other	- 0.8	Short Long Term Debt
Non Currrent Assets Other	- 0.78	Deferred Long Term Liab
Deferred Long Term Liab	- 0.75	Total Liab