Wangneng Non Current Liabilities Total vs Total Cash From Operating Activities Analysis

002034 Stock   15.66  0.30  1.88%   
Wangneng Environment financial indicator trend analysis is more than just analyzing Wangneng Environment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wangneng Environment is a good investment. Please check the relationship between Wangneng Environment Non Current Liabilities Total and its Total Cash From Operating Activities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wangneng Environment Co. 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.

Non Current Liabilities Total vs Total Cash From Operating Activities

Non Current Liabilities Total vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wangneng Environment Non Current Liabilities Total account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Wangneng Environment's Non Current Liabilities Total and Total Cash From Operating Activities is 0.94. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Wangneng Environment Co, assuming nothing else is changed. The correlation between historical values of Wangneng Environment's Non Current Liabilities Total and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Wangneng Environment Co are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Non Current Liabilities Total i.e., Wangneng Environment's Non Current Liabilities Total and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Total Cash From Operating Activities

Most indicators from Wangneng Environment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wangneng Environment 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 Wangneng Environment Co. 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 16, 2024, Selling General Administrative is expected to decline to about 56 M. In addition to that, Discontinued Operations is expected to decline to about 3 M
 2021 2022 2023 2024 (projected)
Operating Income959.4M1.0B1.0B1.1B
Total Revenue3.0B3.3B3.2B3.3B

Wangneng Environment fundamental ratios Correlations

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-0.14-0.24-0.05-0.24-0.40.43-0.31-0.06-0.09-0.2-0.20.05-0.17-0.090.13-0.23-0.290.080.690.190.13-0.01-0.1-0.23-0.14
0.95-0.240.910.960.960.440.920.010.640.960.950.840.940.890.360.95-0.340.46-0.59-0.33-0.780.850.9-0.720.91
0.99-0.050.910.970.840.60.88-0.310.580.960.980.980.970.970.170.95-0.430.67-0.3-0.3-0.890.920.96-0.930.93
0.98-0.240.960.970.920.440.94-0.170.620.970.990.910.980.930.180.97-0.350.58-0.5-0.35-0.860.880.95-0.810.93
0.91-0.40.960.840.920.410.87-0.050.710.940.920.780.90.850.330.94-0.230.48-0.69-0.3-0.70.830.88-0.640.91
0.580.430.440.60.440.410.22-0.50.470.560.540.630.50.610.290.56-0.370.620.090.01-0.420.780.62-0.750.64
0.89-0.310.920.880.940.870.22-0.020.430.880.90.810.90.840.260.87-0.310.46-0.54-0.34-0.830.720.83-0.680.8
-0.23-0.060.01-0.31-0.17-0.05-0.5-0.02-0.02-0.19-0.25-0.36-0.23-0.380.39-0.24-0.09-0.64-0.29-0.260.37-0.41-0.280.47-0.27
0.65-0.090.640.580.620.710.470.43-0.020.690.650.520.580.55-0.010.69-0.430.29-0.47-0.3-0.290.680.7-0.50.73
0.99-0.20.960.960.970.940.560.88-0.190.690.990.920.970.920.211.0-0.410.55-0.53-0.4-0.790.910.97-0.830.97
0.99-0.20.950.980.990.920.540.9-0.250.650.990.930.970.940.170.99-0.40.59-0.5-0.38-0.830.910.97-0.860.96
0.950.050.840.980.910.780.630.81-0.360.520.920.930.960.960.140.92-0.430.7-0.2-0.26-0.870.890.94-0.950.91
0.98-0.170.940.970.980.90.50.9-0.230.580.970.970.960.970.190.97-0.360.63-0.38-0.25-0.910.890.94-0.860.93
0.95-0.090.890.970.930.850.610.84-0.380.550.920.940.960.970.190.93-0.330.74-0.24-0.08-0.930.940.93-0.90.91
0.20.130.360.170.180.330.290.260.39-0.010.210.170.140.190.190.180.10.17-0.20.06-0.110.240.19-0.080.21
0.99-0.230.950.950.970.940.560.87-0.240.691.00.990.920.970.930.18-0.370.59-0.53-0.34-0.80.920.97-0.820.98
-0.43-0.29-0.34-0.43-0.35-0.23-0.37-0.31-0.09-0.43-0.41-0.4-0.43-0.36-0.330.1-0.370.060.060.460.25-0.34-0.420.5-0.4
0.610.080.460.670.580.480.620.46-0.640.290.550.590.70.630.740.170.590.060.140.25-0.680.730.63-0.730.61
-0.440.69-0.59-0.3-0.5-0.690.09-0.54-0.29-0.47-0.53-0.5-0.2-0.38-0.24-0.2-0.530.060.140.560.11-0.29-0.420.01-0.48
-0.370.19-0.33-0.3-0.35-0.30.01-0.34-0.26-0.3-0.4-0.38-0.26-0.25-0.080.06-0.340.460.250.56-0.03-0.11-0.370.22-0.37
-0.840.13-0.78-0.89-0.86-0.7-0.42-0.830.37-0.29-0.79-0.83-0.87-0.91-0.93-0.11-0.80.25-0.680.11-0.03-0.79-0.770.81-0.72
0.92-0.010.850.920.880.830.780.72-0.410.680.910.910.890.890.940.240.92-0.340.73-0.29-0.11-0.790.94-0.880.94
0.98-0.10.90.960.950.880.620.83-0.280.70.970.970.940.940.930.190.97-0.420.63-0.42-0.37-0.770.94-0.890.99
-0.88-0.23-0.72-0.93-0.81-0.64-0.75-0.680.47-0.5-0.83-0.86-0.95-0.86-0.9-0.08-0.820.5-0.730.010.220.81-0.88-0.89-0.85
0.97-0.140.910.930.930.910.640.8-0.270.730.970.960.910.930.910.210.98-0.40.61-0.48-0.37-0.720.940.99-0.85
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Wangneng Environment Account Relationship Matchups

Wangneng Environment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.1B12.0B12.7B14.5B14.4B15.1B
Other Current Liab195.7M234.8M219.0M226.0M14.2M13.5M
Total Current Liabilities1.3B1.8B2.0B2.4B2.3B2.4B
Total Stockholder Equity4.1B4.8B5.4B6.1B6.4B6.7B
Retained Earnings1.2B1.7B2.1B2.7B2.8B2.9B
Accounts Payable854.4M1.1B1.3B1.4B1.2B1.3B
Cash839.8M1.8B1.0B874.1M408.5M436.6M
Net Receivables487.9M363.6M999.7M848.7M1.2B1.3B
Inventory57.2M10.3M19.5M169.1M115.0M100.2M
Other Current Assets50.8M69.7M61.5M125.0M37.3M34.3M
Total Liab4.9B7.2B7.3B8.2B7.9B8.3B
Intangible Assets3.2B4.6B5.7B6.1B6.1B6.4B
Common Stock420.8M421.4M429.5M429.5M493.9M518.6M
Property Plant Equipment4.3B4.7B4.7B5.8B6.7B7.1B
Other Liab449.2M488.3M494.8M516.5M594.0M623.7M
Other Assets78.2M99.5M97.5M82.7M95.1M71.4M
Long Term Debt3.1B4.8B4.7B5.2B5.1B5.3B
Net Tangible Assets885.2M173.6M(355.2M)(49.0M)(44.1M)(41.9M)
Deferred Long Term Liab3.6M3.5M3.0M2.9M2.7M3.1M
Total Current Assets1.4B2.6B2.1B2.4B2.1B1.8B
Non Current Assets Total7.6B9.4B10.6B12.1B12.3B8.4B
Non Currrent Assets Other32.4M37.1M26.1M6.4M19.5M18.6M
Non Current Liabilities Total3.7B5.5B5.3B5.8B5.6B3.9B
Net Invested Capital7.3B9.7B10.1B11.5B11.7B9.3B
Non Current Liabilities Other269.7M311.3M330.1M327.0M314.2M294.6M
Net Working Capital160.4M821.4M117.4M23.3M(220.1M)(209.1M)
Net Debt2.3B3.1B3.7B4.5B4.9B3.5B
Capital Stock420.8M421.4M429.5M429.5M429.5M467.0M

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Other Information on Investing in Wangneng Stock

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