Dawning Good Will vs Property Plant Equipment Analysis

603019 Stock   66.99  3.01  4.30%   
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 Good Will and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios. 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.

Good Will vs Property Plant Equipment

Good Will vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dawning Information Good Will account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dawning Information's Good Will and Property Plant Equipment is 0.53. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant Equipment 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 Good Will and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Dawning Information Industry are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Good Will i.e., Dawning Information's Good Will and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Property Plant Equipment

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. 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.
The current year's Selling General Administrative is expected to grow to about 476.9 M. The current year's Tax Provision is expected to grow to about 363.7 M
 2022 2023 2024 2025 (projected)
Operating Income1.8B1.9B2.2B2.3B
Total Revenue13.0B14.4B16.5B17.3B

Dawning Information fundamental ratios Correlations

0.190.770.980.980.980.760.950.930.390.680.810.970.860.950.980.860.970.74-0.320.020.950.82-0.090.930.36
0.190.370.080.310.020.450.320.310.280.290.460.160.41-0.080.320.370.26-0.360.040.240.180.460.00.410.13
0.770.370.650.760.650.980.680.770.650.960.840.670.940.610.750.890.650.530.210.390.590.890.40.820.65
0.980.080.650.940.990.630.950.880.240.550.730.970.770.970.960.790.980.77-0.44-0.140.980.72-0.20.880.27
0.980.310.760.940.940.780.940.980.480.640.850.950.880.90.970.870.950.62-0.330.090.930.84-0.170.940.27
0.980.020.650.990.940.640.920.890.30.560.710.970.760.990.930.780.950.79-0.41-0.090.950.71-0.180.850.27
0.760.450.980.630.780.640.690.810.720.940.830.680.950.60.760.90.650.450.210.460.580.910.310.820.56
0.950.320.680.950.940.920.690.860.250.60.750.950.790.880.980.810.980.64-0.4-0.110.940.79-0.160.920.31
0.930.310.770.880.980.890.810.860.60.640.830.910.880.860.910.840.870.59-0.230.190.850.81-0.160.880.24
0.390.280.650.240.480.30.720.250.60.650.480.370.640.280.340.510.210.080.420.880.140.670.290.410.33
0.680.290.960.550.640.560.940.60.640.650.690.60.850.540.670.80.550.510.380.490.460.860.560.70.77
0.810.460.840.730.850.710.830.750.830.480.690.690.930.640.810.90.790.41-0.210.150.770.85-0.050.930.26
0.970.160.670.970.950.970.680.950.910.370.60.690.780.960.960.790.950.73-0.34-0.010.920.77-0.130.870.33
0.860.410.940.770.880.760.950.790.880.640.850.930.780.710.850.970.790.5-0.040.310.740.960.120.940.43
0.95-0.080.610.970.90.990.60.880.860.280.540.640.960.710.890.730.910.83-0.38-0.090.920.66-0.150.790.29
0.980.320.750.960.970.930.760.980.910.340.670.810.960.850.890.860.980.69-0.3-0.020.940.83-0.10.940.36
0.860.370.890.790.870.780.90.810.840.510.80.90.790.970.730.860.820.53-0.130.170.780.920.050.940.36
0.970.260.650.980.950.950.650.980.870.210.550.790.950.790.910.980.820.67-0.47-0.160.990.76-0.230.930.25
0.74-0.360.530.770.620.790.450.640.590.080.510.410.730.50.830.690.530.67-0.07-0.230.680.420.140.550.45
-0.320.040.21-0.44-0.33-0.410.21-0.4-0.230.420.38-0.21-0.34-0.04-0.38-0.3-0.13-0.47-0.070.65-0.560.040.84-0.310.58
0.020.240.39-0.140.09-0.090.46-0.110.190.880.490.15-0.010.31-0.09-0.020.17-0.16-0.230.65-0.240.430.470.040.36
0.950.180.590.980.930.950.580.940.850.140.460.770.920.740.920.940.780.990.68-0.56-0.240.68-0.30.90.17
0.820.460.890.720.840.710.910.790.810.670.860.850.770.960.660.830.920.760.420.040.430.680.190.910.49
-0.090.00.4-0.2-0.17-0.180.31-0.16-0.160.290.56-0.05-0.130.12-0.15-0.10.05-0.230.140.840.47-0.30.19-0.080.87
0.930.410.820.880.940.850.820.920.880.410.70.930.870.940.790.940.940.930.55-0.310.040.90.91-0.080.31
0.360.130.650.270.270.270.560.310.240.330.770.260.330.430.290.360.360.250.450.580.360.170.490.870.31
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Dawning Information Account Relationship Matchups

Dawning Information fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets21.0B26.1B31.8B31.6B36.4B38.2B
Other Current Liab1.6B2.2B35.3M132.7M152.6M144.9M
Total Current Liabilities3.7B5.6B6.3B5.0B5.7B3.9B
Total Stockholder Equity11.6B12.7B17.0B18.6B21.4B22.5B
Other Liab2.2B5.2B4.8B6.7B7.8B8.1B
Retained Earnings2.4B3.4B4.7B5.6B6.5B6.8B
Accounts Payable1.8B2.6B2.4B2.2B2.5B1.7B
Cash8.2B6.5B6.2B7.2B8.3B8.7B
Other Assets528.4M2.1B1.0B1.8B2.1B2.2B
Long Term Debt500M694.5M1.5B1.3B1.5B1.0B
Net Receivables2.1B2.3B2.8B2.5B2.9B2.0B
Inventory2.8B6.0B6.4B3.4B3.9B2.4B
Other Current Assets884.7M800.1M831.2M1.3B1.5B1.6B
Total Liab9.0B13.0B14.1B12.1B14.0B7.4B
Intangible Assets1.3B1.8B3.2B4.3B5.0B5.2B
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
Total Current Assets14.3B16.6B16.8B14.9B17.2B11.6B
Non Current Assets Total6.7B9.6B15.0B16.7B19.2B20.1B
Non Currrent Assets Other667.9M2.1B2.6B2.2B2.5B1.4B
Non Current Liabilities Total5.3B7.5B7.8B7.1B8.2B5.5B
Non Current Liabilities Other864.8M1.4B290.0M314.1M361.2M343.2M
Common Stock Shares Outstanding1.5B1.5B1.5B1.5B1.7B1.5B
Net Invested Capital12.1B13.4B18.8B20.1B23.1B13.3B
Net Working Capital10.6B11.0B10.5B9.9B11.4B8.0B
Capital Stock1.5B1.5B1.5B1.5B1.7B1.4B
Property Plant And Equipment Net1.6B2.1B2.5B2.9B3.4B2.4B
Property Plant And Equipment Gross2.4B3.0B2.5B4.5B5.2B3.2B

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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.