Dawning Capital Expenditures vs Depreciation Analysis

603019 Stock   76.04  3.03  3.83%   
Dawning Information financial indicator trend analysis is much more than just examining Dawning Information latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dawning Information is a good investment. Please check the relationship between Dawning Information Capital Expenditures and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dawning Information Industry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

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 Dawning Information Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dawning Information's Capital Expenditures and Depreciation is 0.91. 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 Dawning Information Industry, assuming nothing else is changed. The correlation between historical values of Dawning Information'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 Dawning Information Industry 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., Dawning Information's Capital Expenditures and Depreciation go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Capital Expenditures

Capital Expenditures are funds used by Dawning Information to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Dawning Information 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 Dawning Information value has been used up. For tax purposes Dawning Information can deduct the cost of the tangible assets it purchases as business expenses. However, Dawning Information Industry 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 Dawning Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dawning Information 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 Dawning Information Industry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of November 27, 2024, Selling General Administrative is expected to decline to about 521.8 M. In addition to that, Tax Provision is expected to decline to about 162.7 M
 2021 2022 2023 2024 (projected)
Operating Income1.3B1.8B1.9B2.0B
Total Revenue11.2B13.0B14.4B7.6B

Dawning Information fundamental ratios Correlations

0.30.780.970.980.970.770.940.930.40.670.850.960.870.940.980.870.960.65-0.260.070.940.84-0.040.940.39
0.30.420.190.370.120.520.440.360.30.340.510.290.510.00.370.450.32-0.340.020.230.230.52-0.010.520.13
0.780.420.630.730.650.970.660.740.650.950.830.670.940.60.720.870.610.480.280.430.540.880.450.80.67
0.970.190.630.950.990.620.940.870.220.530.760.960.760.960.970.790.990.69-0.41-0.120.980.73-0.170.890.29
0.980.370.730.950.950.750.920.980.470.60.840.970.860.910.960.850.950.55-0.30.120.920.83-0.150.930.28
0.970.120.650.990.950.630.90.90.290.540.740.960.760.990.950.790.960.71-0.37-0.050.960.72-0.150.850.3
0.770.520.970.620.750.630.670.790.720.930.820.680.950.580.730.870.610.40.280.50.530.90.360.80.58
0.940.440.660.940.920.90.670.830.230.580.760.940.790.840.980.810.970.53-0.36-0.080.920.79-0.130.930.33
0.930.360.740.870.980.90.790.830.590.60.820.920.860.870.90.830.860.52-0.190.230.830.8-0.140.870.25
0.40.30.650.220.470.290.720.230.590.650.470.380.650.280.320.50.180.040.460.890.10.670.310.40.34
0.670.340.950.530.60.540.930.580.60.650.660.590.840.520.640.780.50.470.450.530.410.850.620.680.79
0.850.510.830.760.840.740.820.760.820.470.660.710.940.650.80.890.770.36-0.170.170.750.84-0.020.940.27
0.960.290.670.960.970.960.680.940.920.380.590.710.780.940.970.80.950.63-0.280.050.920.79-0.080.880.37
0.870.510.940.760.860.760.950.790.860.650.840.940.780.690.830.950.760.420.030.370.70.950.180.930.46
0.940.00.60.960.910.990.580.840.870.280.520.650.940.690.910.730.920.77-0.33-0.050.920.66-0.110.780.32
0.980.370.720.970.960.950.730.980.90.320.640.80.970.830.910.840.980.63-0.260.00.940.82-0.070.930.38
0.870.450.870.790.850.790.870.810.830.50.780.890.80.950.730.840.80.47-0.070.220.750.920.090.920.38
0.960.320.610.990.950.960.610.970.860.180.50.770.950.760.920.980.80.6-0.44-0.140.980.74-0.210.920.26
0.65-0.340.480.690.550.710.40.530.520.040.470.360.630.420.770.630.470.60.03-0.210.610.360.230.460.5
-0.260.020.28-0.41-0.3-0.370.28-0.36-0.190.460.45-0.17-0.280.03-0.33-0.26-0.07-0.440.030.65-0.540.090.84-0.260.59
0.070.230.43-0.120.12-0.050.5-0.080.230.890.530.170.050.37-0.050.00.22-0.14-0.210.65-0.230.470.470.080.36
0.940.230.540.980.920.960.530.920.830.10.410.750.920.70.920.940.750.980.61-0.54-0.230.66-0.280.870.18
0.840.520.880.730.830.720.90.790.80.670.850.840.790.950.660.820.920.740.360.090.470.660.230.90.51
-0.04-0.010.45-0.17-0.15-0.150.36-0.13-0.140.310.62-0.02-0.080.18-0.11-0.070.09-0.210.230.840.47-0.280.23-0.040.88
0.940.520.80.890.930.850.80.930.870.40.680.940.880.930.780.930.920.920.46-0.260.080.870.9-0.040.34
0.390.130.670.290.280.30.580.330.250.340.790.270.370.460.320.380.380.260.50.590.360.180.510.880.34
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Dawning Information Account Relationship Matchups

Dawning Information fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.8B21.0B26.1B31.8B31.6B33.2B
Other Current Liab1.3B1.6B2.2B35.3M132.7M126.0M
Total Current Liabilities5.9B3.7B5.6B6.3B5.0B3.9B
Total Stockholder Equity4.3B11.6B12.7B17.0B18.6B19.6B
Other Liab2.2B5.2B4.8B6.7B7.8B8.1B
Retained Earnings1.8B2.4B3.4B4.7B5.6B5.9B
Accounts Payable2.9B1.8B2.6B2.4B2.2B1.7B
Cash2.9B8.2B6.5B6.2B7.2B7.6B
Other Assets528.4M2.1B1.0B1.8B2.1B2.2B
Long Term Debt4.9B500M694.5M1.5B1.3B1.0B
Net Receivables2.9B2.1B2.3B2.8B2.5B2.0B
Inventory3.4B2.8B6.0B6.4B3.4B2.4B
Other Current Assets644.1M884.7M800.1M831.2M1.3B1.4B
Total Liab12.1B9.0B13.0B14.1B12.1B7.4B
Intangible Assets1.0B1.3B1.8B3.2B4.3B4.5B
Common Stock900.3M1.5B1.5B1.5B1.7B1.8B
Property Plant Equipment1.4B1.6B1.6B2.1B2.4B1.2B
Net Tangible Assets3.0B3.3B10.6B11.5B13.2B13.8B
Other Stockholder Equity184.4M7.0M5.5M8.4M9.7M9.2M
Deferred Long Term Liab59.4M34.8M927.5M1.4B1.6B1.7B
Short Long Term Debt2.4B781.1M5.0M287.6M160.1M152.1M
Total Current Assets9.9B14.3B16.6B16.8B14.9B11.6B
Non Current Assets Total6.9B6.7B9.6B15.0B16.7B8.9B
Non Currrent Assets Other1.9B667.9M2.1B2.6B2.2B1.4B
Non Current Liabilities Total6.3B5.3B7.5B7.8B7.1B5.5B
Non Current Liabilities Other1.1B864.8M1.4B290.0M314.1M298.4M
Common Stock Shares Outstanding1.3B1.5B1.5B1.5B1.5B1.5B
Net Invested Capital6.2B12.1B13.4B18.8B20.1B13.3B
Net Working Capital4.0B10.6B11.0B10.5B9.9B8.0B
Capital Stock900.3M1.5B1.5B1.5B1.5B1.4B

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Other Information on Investing in Dawning Stock

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