688561 Change To Account Receivables vs Depreciation Analysis

688561 Stock

38.40 4.03 11.73%

Qi An financial indicator trend analysis is much more than just breaking down Qi An Xin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qi An Xin is a good investment. Please check the relationship between Qi An Change To Account Receivables and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qi An Xin. 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.

Change To Account Receivables vs Depreciation

Change To Account Receivables vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qi An Xin Change To Account Receivables account and Depreciation. At this time, the significance of the direction appears to have pay attention.

The correlation between Qi An's Change To Account Receivables and Depreciation is -0.93. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Depreciation in the same time period over historical financial statements of Qi An Xin, assuming nothing else is changed. The correlation between historical values of Qi An's Change To Account Receivables 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 Change To Account Receivables of Qi An Xin 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 Change To Account Receivables i.e., Qi An's Change To Account Receivables and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.93

Relationship Direction	Negative
Relationship Strength	Significant

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Change To Account Receivables

Depreciation

Depreciation indicates how much of Qi An Xin value has been used up. For tax purposes Qi An can deduct the cost of the tangible assets it purchases as business expenses. However, Qi An Xin 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 Qi An's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qi An Xin 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 Qi An Xin. 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.

The current year's Tax Provision is expected to grow to about (48.8 M). In addition to that, Selling General Administrative is expected to decline to about 1.9 B

	2022	2023	2024	2025 (projected)
Interest Expense	16.7M	33.0M	38.0M	20.4M
Interest Income	20.6M	15.8M	14.2M	23.6M

Interest Expense Interest Income

Qi An fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Net Invested Capital	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital
Total Assets		-0.94	0.92	0.98	0.97	0.96	-0.87	0.97	0.47	0.97	-0.95	0.66	0.94	0.92	0.97	0.95	0.68	-0.78	0.94	0.93	0.63	1.0	1.0	0.97	0.97	0.93
Other Current Liab	-0.94		-0.92	-0.88	-0.92	-0.85	0.81	-0.95	-0.27	-0.94	0.96	-0.69	-0.93	-0.92	-0.92	-0.92	-0.77	0.82	-0.86	-0.93	-0.72	-0.92	-0.92	-0.92	-0.94	-0.81
Total Current Liabilities	0.92	-0.92		0.81	0.9	0.78	-0.68	0.98	0.17	0.92	-0.85	0.83	0.97	0.9	0.86	0.92	0.85	-0.73	0.79	1.0	0.69	0.89	0.9	0.86	0.97	0.71
Total Stockholder Equity	0.98	-0.88	0.81		0.94	1.0	-0.9	0.89	0.6	0.93	-0.94	0.52	0.85	0.86	0.97	0.89	0.54	-0.76	0.96	0.83	0.55	0.99	0.98	0.97	0.91	0.98
Other Liab	0.97	-0.92	0.9	0.94		0.92	-0.9	0.96	0.33	1.0	-0.97	0.66	0.95	0.98	0.95	0.98	0.76	-0.73	0.97	0.92	0.7	0.96	0.95	0.95	0.97	0.87
Net Tangible Assets	0.96	-0.85	0.78	1.0	0.92		-0.89	0.86	0.65	0.91	-0.92	0.48	0.82	0.83	0.96	0.86	0.48	-0.75	0.95	0.8	0.51	0.98	0.97	0.96	0.88	0.99
Retained Earnings	-0.87	0.81	-0.68	-0.9	-0.9	-0.89		-0.79	-0.44	-0.89	0.93	-0.39	-0.79	-0.84	-0.81	-0.88	-0.5	0.59	-0.96	-0.72	-0.42	-0.87	-0.85	-0.81	-0.83	-0.86
Accounts Payable	0.97	-0.95	0.98	0.89	0.96	0.86	-0.79		0.24	0.98	-0.93	0.79	0.99	0.95	0.92	0.97	0.83	-0.76	0.88	0.99	0.7	0.95	0.95	0.92	1.0	0.8
Cash	0.47	-0.27	0.17	0.6	0.33	0.65	-0.44	0.24		0.28	-0.33	-0.22	0.15	0.15	0.5	0.22	-0.28	-0.24	0.49	0.18	-0.05	0.52	0.54	0.5	0.26	0.74
Non Current Assets Total	0.97	-0.94	0.92	0.93	1.0	0.91	-0.89	0.98	0.28		-0.97	0.71	0.97	0.98	0.94	0.99	0.79	-0.76	0.94	0.94	0.7	0.96	0.95	0.94	0.99	0.84
Non Currrent Assets Other	-0.95	0.96	-0.85	-0.94	-0.97	-0.92	0.93	-0.93	-0.33	-0.97		-0.63	-0.92	-0.95	-0.93	-0.95	-0.71	0.8	-0.95	-0.88	-0.64	-0.94	-0.93	-0.93	-0.94	-0.87
Other Assets	0.66	-0.69	0.83	0.52	0.66	0.48	-0.39	0.79	-0.22	0.71	-0.63		0.84	0.71	0.61	0.69	0.79	-0.76	0.46	0.81	0.54	0.62	0.62	0.61	0.77	0.39
Net Receivables	0.94	-0.93	0.97	0.85	0.95	0.82	-0.79	0.99	0.15	0.97	-0.92	0.84		0.95	0.88	0.97	0.85	-0.77	0.85	0.98	0.67	0.91	0.91	0.88	0.99	0.74
Good Will	0.92	-0.92	0.9	0.86	0.98	0.83	-0.84	0.95	0.15	0.98	-0.95	0.71	0.95		0.9	0.98	0.87	-0.7	0.91	0.93	0.79	0.9	0.88	0.9	0.96	0.76
Common Stock Shares Outstanding	0.97	-0.92	0.86	0.97	0.95	0.96	-0.81	0.92	0.5	0.94	-0.93	0.61	0.88	0.9		0.89	0.66	-0.82	0.91	0.87	0.72	0.97	0.97	1.0	0.92	0.93
Non Current Liabilities Total	0.95	-0.92	0.92	0.89	0.98	0.86	-0.88	0.97	0.22	0.99	-0.95	0.69	0.97	0.98	0.89		0.83	-0.66	0.94	0.95	0.7	0.92	0.91	0.89	0.98	0.79
Inventory	0.68	-0.77	0.85	0.54	0.76	0.48	-0.5	0.83	-0.28	0.79	-0.71	0.79	0.85	0.87	0.66	0.83		-0.54	0.6	0.86	0.86	0.63	0.63	0.66	0.81	0.38
Other Current Assets	-0.78	0.82	-0.73	-0.76	-0.73	-0.75	0.59	-0.76	-0.24	-0.76	0.8	-0.76	-0.77	-0.7	-0.82	-0.66	-0.54		-0.62	-0.72	-0.52	-0.78	-0.78	-0.82	-0.76	-0.72
Other Stockholder Equity	0.94	-0.86	0.79	0.96	0.97	0.95	-0.96	0.88	0.49	0.94	-0.95	0.46	0.85	0.91	0.91	0.94	0.6	-0.62		0.82	0.57	0.94	0.93	0.91	0.9	0.92
Total Liab	0.93	-0.93	1.0	0.83	0.92	0.8	-0.72	0.99	0.18	0.94	-0.88	0.81	0.98	0.93	0.87	0.95	0.86	-0.72	0.82		0.7	0.91	0.91	0.87	0.98	0.73
Deferred Long Term Liab	0.63	-0.72	0.69	0.55	0.7	0.51	-0.42	0.7	-0.05	0.7	-0.64	0.54	0.67	0.79	0.72	0.7	0.86	-0.52	0.57	0.7		0.6	0.6	0.72	0.67	0.45
Net Invested Capital	1.0	-0.92	0.89	0.99	0.96	0.98	-0.87	0.95	0.52	0.96	-0.94	0.62	0.91	0.9	0.97	0.92	0.63	-0.78	0.94	0.91	0.6		1.0	0.97	0.96	0.95
Total Current Assets	1.0	-0.92	0.9	0.98	0.95	0.97	-0.85	0.95	0.54	0.95	-0.93	0.62	0.91	0.88	0.97	0.91	0.63	-0.78	0.93	0.91	0.6	1.0		0.97	0.95	0.95
Capital Stock	0.97	-0.92	0.86	0.97	0.95	0.96	-0.81	0.92	0.5	0.94	-0.93	0.61	0.88	0.9	1.0	0.89	0.66	-0.82	0.91	0.87	0.72	0.97	0.97		0.92	0.93
Non Current Liabilities Other	0.97	-0.94	0.97	0.91	0.97	0.88	-0.83	1.0	0.26	0.99	-0.94	0.77	0.99	0.96	0.92	0.98	0.81	-0.76	0.9	0.98	0.67	0.96	0.95	0.92		0.82
Net Working Capital	0.93	-0.81	0.71	0.98	0.87	0.99	-0.86	0.8	0.74	0.84	-0.87	0.39	0.74	0.76	0.93	0.79	0.38	-0.72	0.92	0.73	0.45	0.95	0.95	0.93	0.82

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Qi An Account Relationship Matchups

Qi An fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	12.4B	13.5B	13.8B	16.3B	18.7B	13.9B
Other Current Liab	617.1M	430.0M	399.6M	55.7M	50.2M	47.6M
Total Current Liabilities	2.2B	3.0B	3.2B	5.4B	6.2B	3.5B
Total Stockholder Equity	10.0B	9.9B	10.0B	10.2B	11.7B	9.9B
Retained Earnings	(2.5B)	(3.1B)	(3.0B)	(2.9B)	(2.6B)	(2.8B)
Accounts Payable	1.1B	1.4B	1.5B	2.0B	2.3B	1.5B
Cash	5.3B	3.0B	1.4B	2.1B	1.9B	2.1B
Non Current Assets Total	3.8B	5.2B	5.5B	5.7B	6.6B	5.1B
Non Currrent Assets Other	79.3M	39.2M	24.5M	20.8M	18.8M	17.8M
Net Receivables	1.9B	3.5B	5.0B	6.3B	7.2B	4.0B
Common Stock Shares Outstanding	679.6M	682.1M	682.1M	685.2M	787.9M	727.5M
Non Current Liabilities Total	170.3M	598.1M	548.2M	681.0M	783.2M	471.6M
Inventory	605.5M	814.9M	809.1M	867.6M	997.7M	846.2M
Other Current Assets	270.6M	329.3M	239.6M	259.1M	233.2M	224.9M
Total Liab	2.4B	3.6B	3.8B	6.1B	7.0B	4.0B
Net Invested Capital	10.0B	10.0B	10.3B	12.1B	14.0B	10.5B
Total Current Assets	8.7B	8.3B	8.2B	10.5B	12.1B	8.7B
Capital Stock	679.6M	682.1M	682.1M	685.2M	787.9M	727.5M
Non Current Liabilities Other	65.5M	110.7M	130.7M	172.8M	198.8M	114.4M
Net Working Capital	6.4B	5.3B	5.0B	5.1B	5.9B	5.3B
Intangible Assets	80.2M	148.6M	139.5M	110.3M	126.9M	117.9M

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Other Information on Investing in 688561 Stock

Balance Sheet is a snapshot of the financial position of Qi An Xin at a specified time, usually calculated after every quarter, six months, or one year. Qi An Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Qi An 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 688561 currently owns. An asset can also be divided into two categories, current and non-current.

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688561 Change To Account Receivables vs Depreciation Analysis

Change To Account Receivables vs Depreciation

Change To Account Receivables vs Depreciation Correlation Analysis

Correlation Coefficient

Change To Account Receivables

Depreciation

Qi An fundamental ratios Correlations

Qi An Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Qi An fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in 688561 Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Other Liab
Non Current Liabilities Other	+ 1.0	Accounts Payable

Non Currrent Assets Other	- 0.97	Non Current Assets Total
Non Currrent Assets Other	- 0.97	Other Liab
Other Stockholder Equity	- 0.96	Retained Earnings
Other Stockholder Equity	- 0.95	Non Currrent Assets Other
Non Current Liabilities Total	- 0.95	Non Currrent Assets Other
Good Will	- 0.95	Non Currrent Assets Other