Chison Retained Earnings vs Net Working Capital Analysis

688358 Stock

28.29 0.05 0.18%

Chison Medical financial indicator trend analysis is way more than just evaluating Chison Medical Techn prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chison Medical Techn is a good investment. Please check the relationship between Chison Medical Retained Earnings and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chison Medical Technologies. 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.

Retained Earnings vs Net Working Capital

Retained Earnings vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chison Medical Techn Retained Earnings account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Chison Medical's Retained Earnings and Net Working Capital is 0.91. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Chison Medical Technologies, assuming nothing else is changed. The correlation between historical values of Chison Medical's Retained Earnings and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Chison Medical Technologies are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Retained Earnings i.e., Chison Medical's Retained Earnings and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Working Capital

Most indicators from Chison Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chison Medical Techn 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 Chison Medical Technologies. 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 December 12, 2024, Tax Provision is expected to decline to about 11.9 M. In addition to that, Selling General Administrative is expected to decline to about 61.3 M

	2021	2022	2023	2024 (projected)
Gross Profit	223.9M	225.8M	284.5M	221.6M
Total Revenue	397.8M	380.8M	483.8M	375.5M

Gross Profit Total Revenue

Chison Medical fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Non Current Liabilities Other	Intangible Assets	Other Current Liab	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross	Short Term Investments	Capital Lease Obligations	Short Long Term Debt
Total Assets		0.89	1.0	0.94	0.91	0.83	0.87	0.72	0.96	0.52	0.82	-0.77	0.93	1.0	0.92	0.69	-0.9	0.95	1.0	1.0	0.86	0.81	0.8	-0.67	0.6	0.42
Total Current Liabilities	0.89		0.88	0.89	0.99	0.55	0.93	0.76	0.79	0.29	0.97	-0.56	0.97	0.87	0.84	0.74	-0.82	0.91	0.88	0.86	0.86	0.91	0.9	-0.69	0.73	0.36
Total Stockholder Equity	1.0	0.88		0.93	0.91	0.84	0.86	0.71	0.96	0.52	0.81	-0.77	0.92	1.0	0.92	0.68	-0.9	0.95	1.0	1.0	0.86	0.8	0.8	-0.67	0.59	0.42
Retained Earnings	0.94	0.89	0.93		0.91	0.75	0.96	0.81	0.93	0.51	0.89	-0.72	0.92	0.92	0.98	0.71	-0.93	0.93	0.92	0.91	0.93	0.9	0.9	-0.81	0.76	0.56
Accounts Payable	0.91	0.99	0.91	0.91		0.62	0.94	0.76	0.81	0.35	0.97	-0.62	0.97	0.9	0.85	0.75	-0.85	0.91	0.9	0.88	0.88	0.9	0.89	-0.68	0.74	0.35
Cash	0.83	0.55	0.84	0.75	0.62		0.6	0.58	0.8	0.57	0.53	-0.71	0.63	0.84	0.73	0.32	-0.84	0.66	0.84	0.85	0.7	0.52	0.53	-0.52	0.44	0.4
Non Current Assets Total	0.87	0.93	0.86	0.96	0.94	0.6		0.84	0.84	0.3	0.95	-0.58	0.91	0.85	0.94	0.76	-0.86	0.92	0.86	0.83	0.94	0.97	0.97	-0.85	0.83	0.53
Non Currrent Assets Other	0.72	0.76	0.71	0.81	0.76	0.58	0.84		0.69	0.13	0.8	-0.43	0.73	0.7	0.8	0.57	-0.88	0.79	0.74	0.71	0.92	0.91	0.92	-0.95	0.89	0.84
Net Receivables	0.96	0.79	0.96	0.93	0.81	0.8	0.84	0.69		0.57	0.71	-0.81	0.86	0.96	0.96	0.71	-0.86	0.94	0.96	0.96	0.82	0.76	0.77	-0.71	0.53	0.52
Non Current Liabilities Total	0.52	0.29	0.52	0.51	0.35	0.57	0.3	0.13	0.57		0.24	-0.83	0.51	0.54	0.44	0.38	-0.49	0.36	0.49	0.52	0.26	0.11	0.11	-0.07	0.05	0.09
Inventory	0.82	0.97	0.81	0.89	0.97	0.53	0.95	0.8	0.71	0.24		-0.47	0.93	0.8	0.81	0.68	-0.82	0.85	0.81	0.78	0.9	0.94	0.93	-0.72	0.84	0.39
Other Current Assets	-0.77	-0.56	-0.77	-0.72	-0.62	-0.71	-0.58	-0.43	-0.81	-0.83	-0.47		-0.72	-0.77	-0.7	-0.7	0.69	-0.65	-0.75	-0.77	-0.5	-0.44	-0.44	0.39	-0.21	-0.28
Total Liab	0.93	0.97	0.92	0.92	0.97	0.63	0.91	0.73	0.86	0.51	0.93	-0.72		0.92	0.87	0.76	-0.87	0.91	0.91	0.9	0.84	0.85	0.85	-0.65	0.67	0.36
Total Current Assets	1.0	0.87	1.0	0.92	0.9	0.84	0.85	0.7	0.96	0.54	0.8	-0.77	0.92		0.91	0.68	-0.9	0.94	1.0	1.0	0.84	0.78	0.78	-0.65	0.57	0.4
Non Current Liabilities Other	0.92	0.84	0.92	0.98	0.85	0.73	0.94	0.8	0.96	0.44	0.81	-0.7	0.87	0.91		0.72	-0.88	0.96	0.92	0.9	0.91	0.89	0.89	-0.85	0.7	0.61
Intangible Assets	0.69	0.74	0.68	0.71	0.75	0.32	0.76	0.57	0.71	0.38	0.68	-0.7	0.76	0.68	0.72		-0.54	0.77	0.67	0.65	0.63	0.7	0.69	-0.57	0.48	0.34
Other Current Liab	-0.9	-0.82	-0.9	-0.93	-0.85	-0.84	-0.86	-0.88	-0.86	-0.49	-0.82	0.69	-0.87	-0.9	-0.88	-0.54		-0.85	-0.91	-0.9	-0.91	-0.83	-0.84	0.8	-0.75	-0.65
Common Stock Shares Outstanding	0.95	0.91	0.95	0.93	0.91	0.66	0.92	0.79	0.94	0.36	0.85	-0.65	0.91	0.94	0.96	0.77	-0.85		0.95	0.94	0.91	0.9	0.9	-0.8	0.69	0.55
Net Invested Capital	1.0	0.88	1.0	0.92	0.9	0.84	0.86	0.74	0.96	0.49	0.81	-0.75	0.91	1.0	0.92	0.67	-0.91	0.95		1.0	0.87	0.81	0.81	-0.69	0.6	0.46
Net Working Capital	1.0	0.86	1.0	0.91	0.88	0.85	0.83	0.71	0.96	0.52	0.78	-0.77	0.9	1.0	0.9	0.65	-0.9	0.94	1.0		0.84	0.77	0.77	-0.66	0.56	0.44
Capital Stock	0.86	0.86	0.86	0.93	0.88	0.7	0.94	0.92	0.82	0.26	0.9	-0.5	0.84	0.84	0.91	0.63	-0.91	0.91	0.87	0.84		0.94	0.95	-0.89	0.91	0.68
Property Plant And Equipment Net	0.81	0.91	0.8	0.9	0.9	0.52	0.97	0.91	0.76	0.11	0.94	-0.44	0.85	0.78	0.89	0.7	-0.83	0.9	0.81	0.77	0.94		1.0	-0.91	0.87	0.62
Property Plant And Equipment Gross	0.8	0.9	0.8	0.9	0.89	0.53	0.97	0.92	0.77	0.11	0.93	-0.44	0.85	0.78	0.89	0.69	-0.84	0.9	0.81	0.77	0.95	1.0		-0.92	0.89	0.65
Short Term Investments	-0.67	-0.69	-0.67	-0.81	-0.68	-0.52	-0.85	-0.95	-0.71	-0.07	-0.72	0.39	-0.65	-0.65	-0.85	-0.57	0.8	-0.8	-0.69	-0.66	-0.89	-0.91	-0.92		-0.83	-0.87
Capital Lease Obligations	0.6	0.73	0.59	0.76	0.74	0.44	0.83	0.89	0.53	0.05	0.84	-0.21	0.67	0.57	0.7	0.48	-0.75	0.69	0.6	0.56	0.91	0.87	0.89	-0.83		0.67
Short Long Term Debt	0.42	0.36	0.42	0.56	0.35	0.4	0.53	0.84	0.52	0.09	0.39	-0.28	0.36	0.4	0.61	0.34	-0.65	0.55	0.46	0.44	0.68	0.62	0.65	-0.87	0.67

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Chison Medical Account Relationship Matchups

Chison Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	1.4B	1.4B	1.5B	1.5B	1.1B
Total Current Liabilities	89.9M	129.5M	139.7M	188.5M	138.4M	125.8M
Total Stockholder Equity	1.2B	1.2B	1.2B	1.3B	1.4B	924.2M
Retained Earnings	136.6M	146.8M	188.2M	241.7M	306.0M	161.9M
Accounts Payable	53.3M	73.2M	80.3M	128.0M	84.6M	70.4M
Cash	1.1B	302.0M	445.9M	446.2M	688.8M	442.7M
Non Current Assets Total	55.4M	80.8M	127.8M	175.1M	181.2M	104.1M
Non Currrent Assets Other	2.3M	1.7M	2.9M	5.5M	6.9M	7.2M
Net Receivables	106.9M	126.1M	135.8M	93.5M	154.5M	101.2M
Non Current Liabilities Total	29.8M	28.9M	12.8M	11.9M	15.0M	15.4M
Inventory	58.3M	84.1M	99.5M	197.0M	135.9M	99.2M
Other Current Assets	4.2M	7.2M	5.0M	15.1M	12.9M	9.2M
Total Liab	119.7M	158.5M	152.5M	200.4M	153.4M	147.0M
Total Current Assets	1.2B	1.3B	1.3B	1.3B	1.3B	967.1M
Non Current Liabilities Other	3.0M	3.6M	4.8M	4.1M	6.4M	3.8M
Intangible Assets	1.6M	23.8M	22.5M	22.1M	21.1M	16.6M
Other Current Liab	1.3M	3.4M	2.8M	500.7K	22.6K	21.5K
Net Invested Capital	1.2B	1.2B	1.2B	1.3B	1.4B	1.0B
Net Working Capital	1.1B	1.1B	1.1B	1.2B	1.2B	953.2M

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Other Information on Investing in Chison Stock

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

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Chison Retained Earnings vs Net Working Capital Analysis

Retained Earnings vs Net Working Capital

Retained Earnings vs Net Working Capital Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Working Capital

Chison Medical fundamental ratios Correlations

Chison Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chison Medical fundamental ratios Accounts

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Other Information on Investing in Chison Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Total Stockholder Equity

Short Term Investments	- 0.95	Non Currrent Assets Other
Other Current Liab	- 0.93	Retained Earnings
Short Term Investments	- 0.92	Property Plant And Equipment Gross
Short Term Investments	- 0.91	Property Plant And Equipment Net
Capital Stock	- 0.91	Other Current Liab
Net Invested Capital	- 0.91	Other Current Liab