Sichuan Intangible Assets vs Capital Stock Analysis

603317 Stock   13.61  0.10  0.74%   
Sichuan Teway financial indicator trend analysis is much more than just breaking down Sichuan Teway Food prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Teway Food is a good investment. Please check the relationship between Sichuan Teway Intangible Assets and its Capital Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Teway Food. 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 Capital Stock

Intangible Assets vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Teway Food Intangible Assets account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sichuan Teway's Intangible Assets and Capital Stock is 0.98. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Sichuan Teway Food, assuming nothing else is changed. The correlation between historical values of Sichuan Teway's Intangible Assets and Capital Stock 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 Sichuan Teway Food are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Intangible Assets i.e., Sichuan Teway's Intangible Assets and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

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

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Sichuan Teway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Teway Food 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 Teway Food. 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 February 3, 2025, Tax Provision is expected to decline to about 53.2 M. In addition to that, Selling General Administrative is expected to decline to about 351.5 M
 2022 2023 2024 2025 (projected)
Net Interest Income18.2M11.7M13.4M12.4M
Tax Provision63.2M70.0M80.5M53.2M

Sichuan Teway fundamental ratios Correlations

0.440.871.00.870.990.990.850.460.840.860.90.320.82-0.160.960.980.90.940.990.860.861.00.960.930.96
0.440.410.450.350.490.490.290.490.30.360.230.580.560.010.40.50.410.250.420.360.020.460.520.390.21
0.870.410.860.710.830.880.990.280.970.790.830.170.74-0.150.90.840.70.880.850.980.850.880.810.850.9
1.00.450.860.881.00.980.840.50.830.870.890.360.82-0.160.950.990.920.930.990.850.841.00.970.930.94
0.870.350.710.880.890.830.710.420.750.960.70.640.59-0.140.760.850.970.820.920.760.670.880.860.790.83
0.990.490.831.00.890.980.80.520.80.870.870.40.82-0.160.930.990.930.920.990.820.81.00.970.920.92
0.990.490.880.980.830.980.850.410.850.840.920.310.8-0.10.960.970.850.910.970.870.840.980.940.940.93
0.850.290.990.840.710.80.850.240.980.80.830.130.68-0.180.880.80.70.890.830.980.870.860.780.830.91
0.460.490.280.50.420.520.410.240.140.410.160.510.74-0.090.270.610.560.340.410.170.150.50.680.460.26
0.840.30.970.830.750.80.850.980.140.840.840.210.59-0.180.870.780.720.880.851.00.840.850.750.810.9
0.860.360.790.870.960.870.840.80.410.840.730.630.58-0.170.750.840.940.820.90.850.670.880.860.80.83
0.90.230.830.890.70.870.920.830.160.840.730.060.6-0.280.920.840.710.880.890.840.910.890.80.910.92
0.320.580.170.360.640.40.310.130.510.210.630.060.21-0.050.110.390.620.180.390.25-0.110.370.460.280.14
0.820.560.740.820.590.820.80.680.740.590.580.60.210.070.780.880.680.740.750.610.650.820.880.770.71
-0.160.01-0.15-0.16-0.14-0.16-0.1-0.18-0.09-0.18-0.17-0.28-0.050.07-0.14-0.15-0.24-0.23-0.18-0.18-0.16-0.16-0.15-0.21-0.18
0.960.40.90.950.760.930.960.880.270.870.750.920.110.78-0.140.910.780.940.940.870.910.940.860.880.96
0.980.50.840.990.850.990.970.80.610.780.840.840.390.88-0.150.910.910.90.960.80.790.990.990.930.9
0.90.410.70.920.970.930.850.70.560.720.940.710.620.68-0.240.780.910.850.940.740.660.920.910.790.83
0.940.250.880.930.820.920.910.890.340.880.820.880.180.74-0.230.940.90.850.950.880.920.940.860.870.98
0.990.420.850.990.920.990.970.830.410.850.90.890.390.75-0.180.940.960.940.950.860.840.990.930.90.95
0.860.360.980.850.760.820.870.980.171.00.850.840.250.61-0.180.870.80.740.880.860.820.860.770.820.9
0.860.020.850.840.670.80.840.870.150.840.670.91-0.110.65-0.160.910.790.660.920.840.820.840.740.850.96
1.00.460.881.00.881.00.980.860.50.850.880.890.370.82-0.160.940.990.920.940.990.860.840.970.940.94
0.960.520.810.970.860.970.940.780.680.750.860.80.460.88-0.150.860.990.910.860.930.770.740.970.920.86
0.930.390.850.930.790.920.940.830.460.810.80.910.280.77-0.210.880.930.790.870.90.820.850.940.920.89
0.960.210.90.940.830.920.930.910.260.90.830.920.140.71-0.180.960.90.830.980.950.90.960.940.860.89
Click cells to compare fundamentals

Sichuan Teway Account Relationship Matchups

Sichuan Teway fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.3B4.2B4.8B5.3B6.1B3.4B
Other Current Liab244.7M126.6M331.2M75.2M86.5M171.1M
Total Current Liabilities549.2M408.7M784.0M866.4M996.4M1.0B
Total Stockholder Equity3.7B3.8B4.0B4.3B5.0B2.9B
Other Liab7.7M11.2M17.7M12.9M14.9M11.8M
Net Tangible Assets1.8B3.7B3.8B4.0B4.6B2.5B
Retained Earnings1.2B1.2B1.5B1.4B1.7B1.1B
Accounts Payable258.2M242.2M390.3M551.0M633.7M665.3M
Cash2.7B1.3B449.5M466.7M536.7M904.4M
Non Current Assets Total611.6M1.1B1.7B1.9B2.2B2.3B
Other Assets4.5M58.9M192.0M109.9M126.4M132.8M
Net Receivables11.2M13.6M17.1M19.6M22.5M13.5M
Non Current Liabilities Total11.2M17.7M12.9M5.7M6.6M11.1M
Inventory242.7M108.0M146.6M159.3M183.2M142.1M
Other Current Assets24.6M12.6M23.9M7.6M6.9M6.5M
Total Liab560.3M426.4M796.9M872.2M1.0B504.9M
Total Current Assets3.7B3.1B3.2B3.4B3.9B2.4B
Non Current Liabilities Other2.6M8.6M12.3M8.4M9.7M6.5M
Intangible Assets44.7M45.0M45.8M49.7M57.2M44.9M
Common Stock413.2M630.4M754.2M763.1M877.5M576.9M
Property Plant Equipment361.9M508.0M713.4M1.0B1.2B1.2B
Common Stock Shares Outstanding756.5M754.2M763.1M1.1B1.2B841.1M
Net Invested Capital3.7B3.8B4.0B4.3B5.0B3.1B
Net Working Capital3.1B2.7B2.4B2.5B2.9B2.1B
Capital Stock630.4M754.2M763.1M1.1B1.2B733.0M
Property Plant And Equipment Net508.0M713.5M1.0B1.1B1.2B807.3M
Short Term Investments650M1.6B2.5B2.6B3.0B1.8B
Property Plant And Equipment Gross655.3M879.9M1.2B1.1B1.2B949.9M

Currently Active Assets on Macroaxis

Other Information on Investing in Sichuan Stock

Balance Sheet is a snapshot of the financial position of Sichuan Teway Food at a specified time, usually calculated after every quarter, six months, or one year. Sichuan Teway Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sichuan Teway 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.