Dawning Intangible Assets vs Total Current Assets Analysis

603019 Stock   73.00  0.90  1.25%   
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 Intangible Assets and its Total Current Assets 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.

Intangible Assets vs Total Current Assets

Intangible Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dawning Information Intangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dawning Information's Intangible Assets and Total Current Assets is 0.79. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Assets 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 Intangible Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Dawning Information Industry are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Intangible Assets i.e., Dawning Information's Intangible Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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

Currently Active Assets on Macroaxis

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.