Changchun Investments vs Depreciation Analysis

688276 Stock   25.74  0.16  0.62%   
Changchun BCHT financial indicator trend analysis is way more than just evaluating Changchun BCHT Biote prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changchun BCHT Biote is a good investment. Please check the relationship between Changchun BCHT Investments and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changchun BCHT 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.

Investments vs Depreciation

Investments vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changchun BCHT Biote Investments account and Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Changchun BCHT's Investments and Depreciation is -0.9. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Depreciation in the same time period over historical financial statements of Changchun BCHT Biotechnology, assuming nothing else is changed. The correlation between historical values of Changchun BCHT's Investments and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Changchun BCHT Biotechnology are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Investments i.e., Changchun BCHT's Investments and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.9
Relationship DirectionNegative 
Relationship StrengthSignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Depreciation

Depreciation indicates how much of Changchun BCHT Biote value has been used up. For tax purposes Changchun BCHT can deduct the cost of the tangible assets it purchases as business expenses. However, Changchun BCHT Biotechnology must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Changchun BCHT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changchun BCHT 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 Changchun BCHT 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.
As of November 26, 2024, Tax Provision is expected to decline to about 33.3 M. In addition to that, Selling General Administrative is expected to decline to about 599.5 M
 2021 2022 2023 2024 (projected)
Gross Profit1.1B934.2M1.6B1.3B
Total Revenue1.2B1.1B1.8B1.4B

Changchun BCHT fundamental ratios Correlations

0.930.941.00.960.520.780.990.790.950.960.030.960.430.931.0-0.920.990.960.980.90.970.97-0.38
0.930.830.940.890.360.70.930.780.90.92-0.170.860.350.820.93-0.90.920.920.910.890.90.9-0.16
0.940.830.920.980.350.540.960.680.980.910.320.850.421.00.92-0.850.90.910.850.80.940.94-0.65
1.00.940.920.950.540.80.990.80.940.96-0.010.960.420.921.0-0.921.00.960.980.90.970.96-0.34
0.960.890.980.950.30.590.980.640.990.90.260.850.30.980.95-0.840.920.90.880.790.980.98-0.55
0.520.360.350.540.30.820.430.780.320.6-0.440.740.750.350.53-0.630.610.60.660.670.340.330.07
0.780.70.540.80.590.820.710.780.550.74-0.380.890.430.540.8-0.750.840.740.890.790.680.670.06
0.990.930.960.990.980.430.710.730.970.940.110.920.360.950.99-0.890.970.940.950.860.990.98-0.43
0.790.780.680.80.640.780.780.730.70.91-0.410.90.830.670.78-0.950.840.910.860.970.640.63-0.1
0.950.90.980.940.990.320.550.970.70.930.20.840.410.980.94-0.880.910.930.870.830.950.95-0.53
0.960.920.910.960.90.60.740.940.910.93-0.110.960.640.90.95-0.990.971.00.950.970.880.88-0.33
0.03-0.170.32-0.010.26-0.44-0.380.11-0.410.2-0.11-0.14-0.350.320.020.2-0.05-0.11-0.15-0.290.210.22-0.84
0.960.860.850.960.850.740.890.920.90.840.96-0.140.60.840.95-0.950.980.960.990.950.870.87-0.28
0.430.350.420.420.30.750.430.360.830.410.64-0.350.60.420.4-0.710.490.640.490.710.230.22-0.15
0.930.821.00.920.980.350.540.950.670.980.90.320.840.420.92-0.850.90.90.850.80.940.94-0.66
1.00.930.921.00.950.530.80.990.780.940.950.020.950.40.92-0.910.990.950.980.890.970.97-0.35
-0.92-0.9-0.85-0.92-0.84-0.63-0.75-0.89-0.95-0.88-0.990.2-0.95-0.71-0.85-0.91-0.94-0.99-0.93-0.99-0.82-0.820.29
0.990.920.91.00.920.610.840.970.840.910.97-0.050.980.490.90.99-0.940.970.990.930.940.94-0.32
0.960.920.910.960.90.60.740.940.910.931.0-0.110.960.640.90.95-0.990.970.950.970.880.88-0.33
0.980.910.850.980.880.660.890.950.860.870.95-0.150.990.490.850.98-0.930.990.950.930.910.91-0.22
0.90.890.80.90.790.670.790.860.970.830.97-0.290.950.710.80.89-0.990.930.970.930.790.79-0.2
0.970.90.940.970.980.340.680.990.640.950.880.210.870.230.940.97-0.820.940.880.910.791.0-0.48
0.970.90.940.960.980.330.670.980.630.950.880.220.870.220.940.97-0.820.940.880.910.791.0-0.48
-0.38-0.16-0.65-0.34-0.550.070.06-0.43-0.1-0.53-0.33-0.84-0.28-0.15-0.66-0.350.29-0.32-0.33-0.22-0.2-0.48-0.48
Click cells to compare fundamentals

Changchun BCHT Account Relationship Matchups

Currently Active Assets on Macroaxis

Other Information on Investing in Changchun Stock

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