Kunshan Research Development vs Tax Provision Analysis

688103 Stock   45.61  1.01  2.26%   
Kunshan Guoli financial indicator trend analysis is infinitely more than just investigating Kunshan Guoli Electronic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kunshan Guoli Electronic is a good investment. Please check the relationship between Kunshan Guoli Research Development and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kunshan Guoli Electronic. 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.

Research Development vs Tax Provision

Research Development vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kunshan Guoli Electronic Research Development account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kunshan Guoli's Research Development and Tax Provision is -0.25. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Kunshan Guoli Electronic, assuming nothing else is changed. The correlation between historical values of Kunshan Guoli's Research Development and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Kunshan Guoli Electronic are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Research Development i.e., Kunshan Guoli's Research Development and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Research Development

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Kunshan Guoli's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kunshan Guoli Electronic 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 Kunshan Guoli Electronic. 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 Tax Provision is expected to grow to about 7.3 M, whereas Selling General Administrative is forecasted to decline to about 22.9 M.
 2022 2024 2025 (projected)
Interest Expense1.3M13.2M13.8M
Depreciation And Amortization39.8M45.7M25.2M

Kunshan Guoli fundamental ratios Correlations

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-0.870.19-0.91-0.92-0.820.88-0.91-0.82-0.76-0.89-0.31-0.84-0.82-0.53-0.890.7-0.92-0.68-0.860.53-0.36-0.920.77-0.930.7
-0.310.19-0.34-0.14-0.4-0.1-0.14-0.48-0.47-0.180.550.16-0.26-0.69-0.29-0.22-0.05-0.63-0.37-0.25-0.46-0.130.0-0.150.35
0.96-0.91-0.340.950.87-0.740.960.880.80.960.330.740.940.660.97-0.650.920.780.95-0.530.630.92-0.80.94-0.73
0.97-0.92-0.140.950.89-0.890.990.870.840.990.340.910.950.650.98-0.830.990.760.95-0.740.630.99-0.870.99-0.77
0.89-0.82-0.40.870.89-0.790.880.990.960.90.210.760.930.860.9-0.760.860.950.87-0.690.660.89-0.810.9-0.94
-0.770.88-0.1-0.74-0.89-0.79-0.87-0.75-0.76-0.84-0.35-0.97-0.75-0.46-0.780.87-0.91-0.6-0.730.75-0.34-0.890.85-0.910.75
0.96-0.91-0.140.960.990.88-0.870.860.830.990.380.890.940.630.96-0.820.980.750.94-0.690.610.97-0.910.98-0.77
0.88-0.82-0.480.880.870.99-0.750.860.960.870.190.710.910.860.88-0.690.820.960.86-0.60.640.86-0.80.88-0.94
0.86-0.76-0.470.80.840.96-0.760.830.960.84-0.010.750.860.930.85-0.730.80.970.86-0.670.680.84-0.770.85-0.94
0.98-0.89-0.180.960.990.9-0.840.990.870.840.350.860.970.670.99-0.80.980.780.96-0.730.690.98-0.860.98-0.76
0.2-0.310.550.330.340.21-0.350.380.19-0.010.350.340.33-0.230.25-0.450.37-0.050.13-0.34-0.140.3-0.50.33-0.15
0.81-0.840.160.740.910.76-0.970.890.710.750.860.340.790.470.81-0.920.930.580.77-0.820.40.92-0.850.9-0.73
0.96-0.82-0.260.940.950.93-0.750.940.910.860.970.330.790.750.98-0.770.930.840.95-0.750.750.95-0.810.94-0.81
0.74-0.53-0.690.660.650.86-0.460.630.860.930.67-0.230.470.750.72-0.510.580.970.77-0.510.760.64-0.550.64-0.82
1.0-0.89-0.290.970.980.9-0.780.960.880.850.990.250.810.980.72-0.730.960.810.99-0.680.720.97-0.790.96-0.75
-0.740.7-0.22-0.65-0.83-0.760.87-0.82-0.69-0.73-0.8-0.45-0.92-0.77-0.51-0.73-0.83-0.6-0.690.93-0.38-0.810.87-0.80.73
0.95-0.92-0.050.920.990.86-0.910.980.820.80.980.370.930.930.580.96-0.830.70.92-0.760.590.99-0.840.99-0.73
0.82-0.68-0.630.780.760.95-0.60.750.960.970.78-0.050.580.840.970.81-0.60.70.83-0.560.730.75-0.680.77-0.91
1.0-0.86-0.370.950.950.87-0.730.940.860.860.960.130.770.950.770.99-0.690.920.83-0.630.750.93-0.760.92-0.73
-0.670.53-0.25-0.53-0.74-0.690.75-0.69-0.6-0.67-0.73-0.34-0.82-0.75-0.51-0.680.93-0.76-0.56-0.63-0.51-0.750.68-0.70.64
0.74-0.36-0.460.630.630.66-0.340.610.640.680.69-0.140.40.750.760.72-0.380.590.730.75-0.510.63-0.450.62-0.55
0.96-0.92-0.130.920.990.89-0.890.970.860.840.980.30.920.950.640.97-0.810.990.750.93-0.750.63-0.830.99-0.79
-0.80.770.0-0.8-0.87-0.810.85-0.91-0.8-0.77-0.86-0.5-0.85-0.81-0.55-0.790.87-0.84-0.68-0.760.68-0.45-0.83-0.870.8
0.95-0.93-0.150.940.990.9-0.910.980.880.850.980.330.90.940.640.96-0.80.990.770.92-0.70.620.99-0.87-0.81
-0.740.70.35-0.73-0.77-0.940.75-0.77-0.94-0.94-0.76-0.15-0.73-0.81-0.82-0.750.73-0.73-0.91-0.730.64-0.55-0.790.8-0.81
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Kunshan Guoli Account Relationship Matchups

Kunshan Guoli fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets895.9M1.3B1.5B2.1B2.4B1.2B
Short Long Term Debt Total68.4M64.2M34.2M31.1M28.0M47.5M
Other Current Liab64.7M64.9M61.5M10.6M9.5M9.1M
Total Current Liabilities270.7M320.2M445.7M463.4M532.9M328.4M
Total Stockholder Equity589.3M944.0M1.0B1.1B1.3B754.5M
Property Plant And Equipment Net124.5M198.8M294.1M343.9M395.5M415.3M
Net Debt(187.6M)(231.7M)(471.6M)(348.9M)(314.0M)(329.7M)
Retained Earnings233.4M300.9M349.4M382.2M439.5M243.3M
Accounts Payable163.0M223.1M353.2M419.5M482.4M506.5M
Cash295.8M505.8M380.0M822.3M945.7M993.0M
Non Current Assets Total235.1M363.1M485.0M544.2M625.8M319.7M
Non Currrent Assets Other78.2M8.4M155.9M3.5M4.0M3.8M
Cash And Short Term Investments305.9M326.6M506.0M380.0M437.0M341.7M
Common Stock Shares Outstanding71.7M77.7M95.4M95.9M110.3M87.4M
Liabilities And Stockholders Equity750.7M895.9M1.3B1.5B1.7B1.0B
Non Current Liabilities Total28.4M15.6M10.5M464.5M534.2M560.9M
Inventory95.2M142.5M177.5M209.9M241.4M137.9M
Other Current Assets4.2M3.8M2.0M4.6M4.2M4.0M
Other Stockholder Equity278.3M284.4M547.7M579.8M666.8M375.2M
Total Liab299.1M335.8M456.2M927.9M1.1B1.1B
Total Current Assets660.8M924.6M1.0B1.5B1.7B899.5M
Short Term Debt17.2M42.9M32.2M31.1M28.0M30.9M
Intangible Assets11.1M12.7M12.8M20.3M23.3M15.7M
Net Receivables148.4M200.6M301.8M330.1M379.6M238.6M
Net Invested Capital653.5M978.2M1.1B1.6B1.8B1.1B
Short Long Term Debt42.9M32.2M31.1M5.5M4.9M4.7M
Net Working Capital390.2M604.3M559.2M1.1B1.2B664.6M

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Other Information on Investing in Kunshan Stock

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