Sichuan Net Receivables vs Total Assets Analysis

603077 Stock   1.88  0.02  1.05%   
Sichuan Hebang financial indicator trend analysis is much more than just breaking down Sichuan Hebang Biote prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Hebang Biote is a good investment. Please check the relationship between Sichuan Hebang Net Receivables and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Hebang Biotechnology. 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.

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Hebang Biote Net Receivables account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sichuan Hebang's Net Receivables and Total Assets is 0.47. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of Sichuan Hebang Biotechnology, assuming nothing else is changed. The correlation between historical values of Sichuan Hebang's Net Receivables and Total 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 Net Receivables of Sichuan Hebang Biotechnology are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., Sichuan Hebang's Net Receivables and Total Assets go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Total Assets

Total assets refers to the total amount of Sichuan Hebang assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sichuan Hebang Biote books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Sichuan Hebang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Hebang Biote 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 Sichuan Hebang Biotechnology. 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.
The current year's Selling General Administrative is expected to grow to about 231.8 M, whereas Tax Provision is forecasted to decline to about 250.8 M.
 2022 2023 2024 2025 (projected)
Operating Income4.5B1.5B1.7B1.1B
Total Revenue13.0B8.8B10.1B5.1B

Sichuan Hebang fundamental ratios Correlations

-0.010.680.990.890.960.980.860.19-0.650.470.890.10.590.420.860.840.850.890.350.90.750.740.930.880.88
-0.010.23-0.01-0.13-0.03-0.020.030.12-0.25-0.25-0.350.330.140.740.050.20.120.05-0.19-0.170.030.11-0.140.10.08
0.680.230.610.570.640.740.530.23-0.450.220.540.120.960.560.520.80.720.62-0.030.60.320.590.550.630.72
0.99-0.010.610.870.940.950.860.18-0.690.510.870.10.510.40.890.840.850.90.40.880.80.760.920.890.86
0.89-0.130.570.870.980.930.94-0.11-0.330.260.930.110.590.240.580.630.650.80.270.980.460.490.990.710.87
0.96-0.030.640.940.980.970.93-0.02-0.490.310.930.110.610.340.710.740.760.860.260.970.580.620.990.820.92
0.98-0.020.740.950.930.970.870.1-0.540.360.910.080.690.410.780.810.820.860.270.940.640.710.950.860.89
0.860.030.530.860.940.930.87-0.16-0.480.220.80.230.490.330.650.670.650.830.310.910.530.560.940.740.86
0.190.120.230.18-0.11-0.020.1-0.16-0.170.44-0.01-0.10.180.310.260.240.20.030.2-0.120.270.04-0.070.0-0.13
-0.65-0.25-0.45-0.69-0.33-0.49-0.54-0.48-0.17-0.46-0.37-0.25-0.19-0.42-0.87-0.78-0.78-0.67-0.24-0.37-0.81-0.86-0.43-0.81-0.59
0.47-0.250.220.510.260.310.360.220.44-0.460.41-0.020.110.160.580.50.430.490.80.260.710.330.330.30.28
0.89-0.350.540.870.930.930.910.8-0.01-0.370.41-0.050.540.120.640.620.660.750.310.920.530.510.940.710.8
0.10.330.120.10.110.110.080.23-0.1-0.25-0.02-0.050.050.360.060.090.00.07-0.150.08-0.050.10.080.120.07
0.590.140.960.510.590.610.690.490.18-0.190.110.540.050.470.330.660.570.52-0.080.60.140.40.540.470.66
0.420.740.560.40.240.340.410.330.31-0.420.160.120.360.470.390.520.350.350.10.210.320.340.250.360.32
0.860.050.520.890.580.710.780.650.26-0.870.580.640.060.330.390.850.860.810.460.620.930.860.680.890.7
0.840.20.80.840.630.740.810.670.24-0.780.50.620.090.660.520.850.890.920.340.660.780.830.690.830.86
0.850.120.720.850.650.760.820.650.2-0.780.430.660.00.570.350.860.890.830.180.720.760.910.710.930.85
0.890.050.620.90.80.860.860.830.03-0.670.490.750.070.520.350.810.920.830.450.820.790.760.850.830.93
0.35-0.19-0.030.40.270.260.270.310.2-0.240.80.31-0.15-0.080.10.460.340.180.450.220.650.090.330.120.2
0.9-0.170.60.880.980.970.940.91-0.12-0.370.260.920.080.60.210.620.660.720.820.220.490.60.980.780.88
0.750.030.320.80.460.580.640.530.27-0.810.710.53-0.050.140.320.930.780.760.790.650.490.760.580.750.6
0.740.110.590.760.490.620.710.560.04-0.860.330.510.10.40.340.860.830.910.760.090.60.760.580.950.74
0.93-0.140.550.920.990.990.950.94-0.07-0.430.330.940.080.540.250.680.690.710.850.330.980.580.580.780.88
0.880.10.630.890.710.820.860.740.0-0.810.30.710.120.470.360.890.830.930.830.120.780.750.950.780.85
0.880.080.720.860.870.920.890.86-0.13-0.590.280.80.070.660.320.70.860.850.930.20.880.60.740.880.85
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Sichuan Hebang Account Relationship Matchups

Sichuan Hebang fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets14.7B17.9B24.1B24.5B28.2B29.6B
Other Current Liab149.4M574.4M377.3M9.7M11.1M10.6M
Total Current Liabilities3.2B3.1B3.7B3.7B4.2B2.5B
Total Stockholder Equity11.1B14.2B19.1B19.6B22.5B23.6B
Other Liab20.1M18.2M56.8M175.1M201.3M211.4M
Retained Earnings2.6B5.6B9.3B9.6B11.1B11.6B
Accounts Payable1.0B1.2B1.9B1.9B2.2B2.3B
Cash845.9M1.7B4.6B3.1B3.5B3.7B
Other Assets466.0M341.1M450.3M242.1M278.5M396.5M
Long Term Debt262.4M68.1M408.5M431.2M388.0M520.4M
Net Receivables518.9M497.6M778.0M977.6M1.1B753.3M
Inventory633.3M912.2M2.1B4.4B5.1B5.3B
Other Current Assets142.0M287.8M460.2M112.9M129.9M241.7M
Total Liab3.4B3.3B4.3B4.3B5.0B3.3B
Intangible Assets1.0B2.0B2.2B824.9M948.6M1.1B
Property Plant Equipment7.2B7.5B8.3B9.5B10.9B5.5B
Net Tangible Assets8.2B8.2B10.4B15.1B17.4B9.7B
Other Stockholder Equity11.3M(1.2M)1.9M29.5M26.5M15.7M
Deferred Long Term Liab9.7M9.8M7.3M34.0M39.1M41.1M
Short Long Term Debt1.6B1.2B1.2B1.2B1.3B1.1B
Total Current Assets3.3B4.6B9.7B9.9B11.3B11.9B
Non Current Assets Total11.4B13.3B14.4B14.7B16.9B12.8B
Non Currrent Assets Other245.3M417.2M97.8M142.2M127.9M121.5M
Non Current Liabilities Total280.6M161.9M605.1M654.1M588.7M361.2M
Net Invested Capital13.0B15.5B20.7B21.2B24.4B16.9B
Net Working Capital165.6M1.5B6.0B6.2B7.1B7.5B
Property Plant And Equipment Net7.5B8.3B9.5B11.2B12.8B9.6B
Property Plant And Equipment Gross11.7B13.1B15.1B17.9B20.6B15.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Sichuan Stock

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