Danhua Other Current Liab vs Retained Earnings Analysis

600844 Stock   2.70  0.04  1.50%   
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 Other Current Liab and its Retained Earnings 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.

Other Current Liab vs Retained Earnings

Other Current Liab vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Danhua Chemical Tech Other Current Liab account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Danhua Chemical's Other Current Liab and Retained Earnings is 0.6. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Retained Earnings 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 Other Current Liab and Retained Earnings 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 Current Liab of Danhua Chemical Technology are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Liab i.e., Danhua Chemical's Other Current Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 February 26, 2025, Selling General Administrative is expected to decline to about 32.6 M. In addition to that, Tax Provision is expected to decline to about 5.3 M
 2022 2023 2024 2025 (projected)
Cost Of Revenue889.4M1.1B1.2B1.3B
Total Revenue933.8M861.1M990.2M719.4M

Danhua Chemical fundamental ratios Correlations

0.750.580.520.20.550.130.690.250.63-0.280.460.410.650.81-0.020.920.260.29-0.340.790.570.390.020.740.42
0.750.730.240.290.60.320.480.310.58-0.040.460.510.640.65-0.160.690.28-0.01-0.430.690.60.48-0.10.730.5
0.580.73-0.210.470.590.510.23-0.030.590.10.330.640.860.53-0.480.560.41-0.39-0.70.590.740.63-0.290.640.65
0.520.24-0.21-0.330.27-0.490.680.28-0.19-0.080.58-0.21-0.290.270.410.28-0.20.950.390.5-0.04-0.330.620.45-0.3
0.20.290.47-0.330.090.050.05-0.160.24-0.3-0.030.830.50.46-0.110.280.73-0.38-0.450.120.410.53-0.530.140.51
0.550.60.590.270.090.040.53-0.260.380.570.540.360.440.27-0.60.310.20.08-0.590.920.760.64-0.190.880.67
0.130.320.51-0.490.050.04-0.3-0.030.60.03-0.220.090.60.17-0.240.35-0.02-0.56-0.47-0.050.290.32-0.380.030.31
0.690.480.230.680.050.53-0.30.180.26-0.050.380.110.20.590.140.54-0.050.56-0.070.690.550.290.130.750.32
0.250.31-0.030.28-0.16-0.26-0.030.180.07-0.48-0.06-0.14-0.020.280.480.3-0.180.20.51-0.05-0.31-0.290.45-0.1-0.26
0.630.580.59-0.190.240.380.60.260.07-0.21-0.170.410.860.63-0.290.780.27-0.42-0.650.430.640.74-0.560.410.74
-0.28-0.040.1-0.08-0.30.570.03-0.05-0.48-0.210.24-0.14-0.14-0.58-0.68-0.52-0.17-0.04-0.220.270.280.2-0.030.30.2
0.460.460.330.58-0.030.54-0.220.38-0.06-0.170.240.160.030.19-0.110.170.040.46-0.110.650.28-0.010.310.640.02
0.410.510.64-0.210.830.360.090.11-0.140.41-0.140.160.630.52-0.280.410.94-0.36-0.570.390.550.59-0.420.40.59
0.650.640.86-0.290.50.440.60.2-0.020.86-0.140.030.630.61-0.460.740.44-0.5-0.750.490.740.77-0.540.470.77
0.810.650.530.270.460.270.170.590.280.63-0.580.190.520.610.30.90.390.07-0.330.490.480.38-0.130.540.4
-0.02-0.16-0.480.41-0.11-0.6-0.240.140.48-0.29-0.68-0.11-0.28-0.460.30.11-0.180.470.65-0.4-0.53-0.640.48-0.29-0.63
0.920.690.560.280.280.310.350.540.30.78-0.520.170.410.740.90.110.260.06-0.380.550.490.41-0.160.520.43
0.260.280.41-0.20.730.2-0.02-0.05-0.180.27-0.170.040.940.440.39-0.180.26-0.31-0.40.230.340.4-0.310.220.4
0.29-0.01-0.390.95-0.380.08-0.560.560.2-0.42-0.040.46-0.36-0.50.070.470.06-0.310.540.29-0.21-0.510.690.26-0.48
-0.34-0.43-0.70.39-0.45-0.59-0.47-0.070.51-0.65-0.22-0.11-0.57-0.75-0.330.65-0.38-0.40.54-0.47-0.77-0.820.77-0.47-0.81
0.790.690.590.50.120.92-0.050.69-0.050.430.270.650.390.490.49-0.40.550.230.29-0.470.710.54-0.030.920.58
0.570.60.74-0.040.410.760.290.55-0.310.640.280.280.550.740.48-0.530.490.34-0.21-0.770.710.85-0.50.810.86
0.390.480.63-0.330.530.640.320.29-0.290.740.2-0.010.590.770.38-0.640.410.4-0.51-0.820.540.85-0.790.521.0
0.02-0.1-0.290.62-0.53-0.19-0.380.130.45-0.56-0.030.31-0.42-0.54-0.130.48-0.16-0.310.690.77-0.03-0.5-0.790.0-0.76
0.740.730.640.450.140.880.030.75-0.10.410.30.640.40.470.54-0.290.520.220.26-0.470.920.810.520.00.55
0.420.50.65-0.30.510.670.310.32-0.260.740.20.020.590.770.4-0.630.430.4-0.48-0.810.580.861.0-0.760.55
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Danhua Chemical Account Relationship Matchups

Danhua Chemical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.6B2.3B1.9B1.5B1.7B2.6B
Other Current Liab228.7M169.0M203.5M3.7M3.3M3.1M
Total Current Liabilities773.4M548.2M493.6M627.0M564.3M600.3M
Total Stockholder Equity1.3B1.2B933.8M540.2M621.2M1.0B
Other Liab37.5M36.0M36.5M83.8M96.4M71.3M
Retained Earnings(1.5B)(1.6B)(1.8B)(2.3B)(2.1B)(2.0B)
Accounts Payable116.3M125.6M124.2M215.3M247.6M141.9M
Cash147.5M79.6M47.9M25.1M28.9M27.4M
Other Assets165.7M301.9M266.4M107.5M123.6M130.0M
Net Receivables97.8M33.5M16.8M23.0M20.7M19.7M
Inventory128.3M118.6M124.1M62.9M72.3M122.0M
Other Current Assets14.4M3.4M21.0M5.1M4.6M4.4M
Total Liab809.4M584.7M578.7M685.5M788.3M1.1B
Intangible Assets139.2M128.5M125.0M121.5M139.8M94.0M
Property Plant Equipment2.1B1.7B1.5B1.3B1.5B1.7B
Net Tangible Assets1.5B1.2B1.1B808.8M727.9M1.1B
Deferred Long Term Liab71.6M127.8M69.8M62.3M71.6M73.2M
Non Current Assets Total2.2B2.0B1.6B1.3B1.2B1.9B
Non Currrent Assets Other2.0M1.7M1.1M251.1K226.0K214.7K
Non Current Liabilities Total36.0M36.5M85.1M58.5M52.6M76.3M
Short Long Term Debt400.5M222.6M137.9M158.6M142.8M191.0M
Total Current Assets393.9M264.3M254.7M136.0M122.4M116.3M
Net Debt253.0M143.0M90.0M133.5M153.5M147.4M
Net Invested Capital1.7B1.5B1.1B698.8M628.9M597.5M
Net Working Capital(379.5M)(283.9M)(239.0M)(491.0M)(441.9M)(464.0M)
Property Plant And Equipment Net1.7B1.5B1.3B1.1B986.2M1.2B
Property Plant And Equipment Gross4.4B4.4B1.3B4.5B4.0B3.0B

Currently Active Assets on Macroaxis

Other Information on Investing in Danhua Stock

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.