Changchun Net Income vs Depreciation Analysis

688276 Stock

25.76 1.48 5.43%

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 Net Income 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.

Net Income vs Depreciation

Net Income vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changchun BCHT Biote Net Income account and Depreciation. At this time, the significance of the direction appears to have strong relationship.

The correlation between Changchun BCHT's Net Income and Depreciation is 0.72. Overlapping area represents the amount of variation of Net Income 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 Net Income 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 Net Income 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 Net Income i.e., Changchun BCHT's Net Income and Depreciation go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Changchun BCHT Biote financial statement analysis. It represents the amount of money remaining after all of Changchun BCHT Biotechnology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 23, 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 Profit	1.1B	934.2M	1.6B	1.3B
Total Revenue	1.2B	1.1B	1.8B	1.4B

Gross Profit Total Revenue

Changchun BCHT fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Property Plant And Equipment Gross	Non Current Liabilities Other
Total Assets		0.93	0.94	1.0	0.96	0.52	0.78	0.99	0.79	0.95	0.96	0.03	0.96	0.43	0.93	1.0	-0.92	0.99	0.96	0.98	0.9	0.97	0.97	-0.38
Other Current Liab	0.93		0.83	0.94	0.89	0.36	0.7	0.93	0.78	0.9	0.92	-0.17	0.86	0.35	0.82	0.93	-0.9	0.92	0.92	0.91	0.89	0.9	0.9	-0.16
Total Current Liabilities	0.94	0.83		0.92	0.98	0.35	0.54	0.96	0.68	0.98	0.91	0.32	0.85	0.42	1.0	0.92	-0.85	0.9	0.91	0.85	0.8	0.94	0.94	-0.65
Total Stockholder Equity	1.0	0.94	0.92		0.95	0.54	0.8	0.99	0.8	0.94	0.96	-0.01	0.96	0.42	0.92	1.0	-0.92	1.0	0.96	0.98	0.9	0.97	0.96	-0.34
Retained Earnings	0.96	0.89	0.98	0.95		0.3	0.59	0.98	0.64	0.99	0.9	0.26	0.85	0.3	0.98	0.95	-0.84	0.92	0.9	0.88	0.79	0.98	0.98	-0.55
Accounts Payable	0.52	0.36	0.35	0.54	0.3		0.82	0.43	0.78	0.32	0.6	-0.44	0.74	0.75	0.35	0.53	-0.63	0.61	0.6	0.66	0.67	0.34	0.33	0.07
Cash	0.78	0.7	0.54	0.8	0.59	0.82		0.71	0.78	0.55	0.74	-0.38	0.89	0.43	0.54	0.8	-0.75	0.84	0.74	0.89	0.79	0.68	0.67	0.06
Non Current Assets Total	0.99	0.93	0.96	0.99	0.98	0.43	0.71		0.73	0.97	0.94	0.11	0.92	0.36	0.95	0.99	-0.89	0.97	0.94	0.95	0.86	0.99	0.98	-0.43
Non Currrent Assets Other	0.79	0.78	0.68	0.8	0.64	0.78	0.78	0.73		0.7	0.91	-0.41	0.9	0.83	0.67	0.78	-0.95	0.84	0.91	0.86	0.97	0.64	0.63	-0.1
Net Receivables	0.95	0.9	0.98	0.94	0.99	0.32	0.55	0.97	0.7		0.93	0.2	0.84	0.41	0.98	0.94	-0.88	0.91	0.93	0.87	0.83	0.95	0.95	-0.53
Common Stock Shares Outstanding	0.96	0.92	0.91	0.96	0.9	0.6	0.74	0.94	0.91	0.93		-0.11	0.96	0.64	0.9	0.95	-0.99	0.97	1.0	0.95	0.97	0.88	0.88	-0.33
Non Current Liabilities Total	0.03	-0.17	0.32	-0.01	0.26	-0.44	-0.38	0.11	-0.41	0.2	-0.11		-0.14	-0.35	0.32	0.02	0.2	-0.05	-0.11	-0.15	-0.29	0.21	0.22	-0.84
Inventory	0.96	0.86	0.85	0.96	0.85	0.74	0.89	0.92	0.9	0.84	0.96	-0.14		0.6	0.84	0.95	-0.95	0.98	0.96	0.99	0.95	0.87	0.87	-0.28
Other Current Assets	0.43	0.35	0.42	0.42	0.3	0.75	0.43	0.36	0.83	0.41	0.64	-0.35	0.6		0.42	0.4	-0.71	0.49	0.64	0.49	0.71	0.23	0.22	-0.15
Total Liab	0.93	0.82	1.0	0.92	0.98	0.35	0.54	0.95	0.67	0.98	0.9	0.32	0.84	0.42		0.92	-0.85	0.9	0.9	0.85	0.8	0.94	0.94	-0.66
Net Invested Capital	1.0	0.93	0.92	1.0	0.95	0.53	0.8	0.99	0.78	0.94	0.95	0.02	0.95	0.4	0.92		-0.91	0.99	0.95	0.98	0.89	0.97	0.97	-0.35
Short Long Term Debt	-0.92	-0.9	-0.85	-0.92	-0.84	-0.63	-0.75	-0.89	-0.95	-0.88	-0.99	0.2	-0.95	-0.71	-0.85	-0.91		-0.94	-0.99	-0.93	-0.99	-0.82	-0.82	0.29
Total Current Assets	0.99	0.92	0.9	1.0	0.92	0.61	0.84	0.97	0.84	0.91	0.97	-0.05	0.98	0.49	0.9	0.99	-0.94		0.97	0.99	0.93	0.94	0.94	-0.32
Capital Stock	0.96	0.92	0.91	0.96	0.9	0.6	0.74	0.94	0.91	0.93	1.0	-0.11	0.96	0.64	0.9	0.95	-0.99	0.97		0.95	0.97	0.88	0.88	-0.33
Net Working Capital	0.98	0.91	0.85	0.98	0.88	0.66	0.89	0.95	0.86	0.87	0.95	-0.15	0.99	0.49	0.85	0.98	-0.93	0.99	0.95		0.93	0.91	0.91	-0.22
Intangible Assets	0.9	0.89	0.8	0.9	0.79	0.67	0.79	0.86	0.97	0.83	0.97	-0.29	0.95	0.71	0.8	0.89	-0.99	0.93	0.97	0.93		0.79	0.79	-0.2
Property Plant And Equipment Net	0.97	0.9	0.94	0.97	0.98	0.34	0.68	0.99	0.64	0.95	0.88	0.21	0.87	0.23	0.94	0.97	-0.82	0.94	0.88	0.91	0.79		1.0	-0.48
Property Plant And Equipment Gross	0.97	0.9	0.94	0.96	0.98	0.33	0.67	0.98	0.63	0.95	0.88	0.22	0.87	0.22	0.94	0.97	-0.82	0.94	0.88	0.91	0.79	1.0		-0.48
Non Current Liabilities Other	-0.38	-0.16	-0.65	-0.34	-0.55	0.07	0.06	-0.43	-0.1	-0.53	-0.33	-0.84	-0.28	-0.15	-0.66	-0.35	0.29	-0.32	-0.33	-0.22	-0.2	-0.48	-0.48

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Changchun BCHT Account Relationship Matchups

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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.

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Changchun Net Income vs Depreciation Analysis

Net Income vs Depreciation

Net Income vs Depreciation Correlation Analysis

Correlation Coefficient

Net Income

Depreciation

Changchun BCHT fundamental ratios Correlations

Changchun BCHT Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Changchun Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Capital Stock	+ 1.0	Common Stock Shares Outstanding

Intangible Assets	- 0.99	Short Long Term Debt
Capital Stock	- 0.99	Short Long Term Debt
Short Long Term Debt	- 0.99	Common Stock Shares Outstanding
Short Long Term Debt	- 0.95	Inventory
Short Long Term Debt	- 0.95	Non Currrent Assets Other
Total Current Assets	- 0.94	Short Long Term Debt