LianChuang Net Receivables vs Total Assets Analysis

002036 Stock   10.58  0.25  2.31%   
LianChuang Electronic financial indicator trend analysis is infinitely more than just investigating LianChuang Electronic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LianChuang Electronic is a good investment. Please check the relationship between LianChuang Electronic Net Receivables and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in LianChuang Electronic Technology. 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 Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LianChuang Electronic Net Receivables account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between LianChuang Electronic's Net Receivables and Total Assets is 0.99. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of LianChuang Electronic Technology, assuming nothing else is changed. The correlation between historical values of LianChuang Electronic's Net Receivables and Total Assets 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 Receivables of LianChuang Electronic Technology are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., LianChuang Electronic's Net Receivables and Total Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Total Assets

Total assets refers to the total amount of LianChuang Electronic assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in LianChuang Electronic books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from LianChuang Electronic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LianChuang Electronic 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 LianChuang Electronic Technology. 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 14, 2024, Selling General Administrative is expected to decline to about 63.2 M. The current year's Tax Provision is expected to grow to about (13.7 M)
 2021 2022 2023 2024 (projected)
Minority Interest25.8M28.2M67.6M96.8M
Income Tax Expense1.2M3.4M3.9M3.7M

LianChuang Electronic fundamental ratios Correlations

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0.820.820.830.670.830.760.830.350.660.730.870.70.880.730.810.60.690.790.840.750.830.880.770.830.6
1.00.990.830.930.990.650.960.70.930.950.980.870.820.950.990.910.920.941.00.990.980.840.960.990.86
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0.990.990.830.990.920.640.970.680.920.930.990.890.840.930.990.890.930.940.990.980.980.840.961.00.86
0.640.580.760.650.650.640.520.610.670.640.60.550.490.630.670.590.520.550.630.650.570.430.630.640.57
0.960.980.830.960.830.970.520.520.830.860.980.890.870.860.940.830.870.910.980.920.980.90.90.970.81
0.70.630.350.70.870.680.610.520.840.780.590.550.350.780.760.770.780.650.650.790.610.280.740.680.73
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0.960.940.730.950.950.930.640.860.780.880.910.760.731.00.950.880.880.930.940.980.940.760.950.930.83
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0.860.870.70.870.810.890.550.890.550.770.760.860.670.770.830.860.770.860.860.850.890.680.870.890.66
0.830.850.880.820.680.840.490.870.350.630.730.90.670.720.830.520.80.830.850.740.850.950.750.840.66
0.960.940.730.950.950.930.630.860.780.881.00.910.770.720.950.890.880.930.940.980.940.760.950.930.83
0.990.970.810.990.950.990.670.940.760.940.950.970.830.830.950.880.950.930.980.980.960.820.960.990.88
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0.930.90.690.920.940.930.520.870.780.90.880.910.770.80.880.950.80.920.910.920.890.750.920.920.81
0.950.950.790.940.930.940.550.910.650.80.930.940.860.830.930.930.820.920.930.930.960.830.970.940.72
1.00.990.841.00.90.990.630.980.650.90.940.990.860.850.940.980.880.910.930.970.990.880.950.990.86
0.990.970.750.990.970.980.650.920.790.950.980.950.850.740.980.980.940.920.930.970.960.760.970.970.87
0.991.00.830.980.90.980.570.980.610.850.940.990.890.850.940.960.880.890.960.990.960.880.950.980.8
0.850.880.880.840.660.840.430.90.280.630.760.920.680.950.760.820.570.750.830.880.760.880.770.850.64
0.970.940.770.960.970.960.630.90.740.90.950.940.870.750.950.960.90.920.970.950.970.950.770.960.78
0.990.990.830.990.921.00.640.970.680.920.930.990.890.840.930.990.890.920.940.990.970.980.850.960.86
0.860.850.60.860.810.860.570.810.730.890.830.830.660.660.830.880.80.810.720.860.870.80.640.780.86
Click cells to compare fundamentals

LianChuang Electronic Account Relationship Matchups

LianChuang Electronic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.9B12.4B13.0B15.0B15.3B16.0B
Short Long Term Debt Total3.1B5.2B4.8B6.0B6.8B7.2B
Other Current Liab86.9M128.5M484.7M458.9M688.0M722.4M
Total Current Liabilities4.8B6.4B6.8B7.3B8.0B8.4B
Total Stockholder Equity2.2B3.6B3.8B3.8B2.8B3.0B
Property Plant And Equipment Net3.0B3.7B3.9B4.3B4.9B5.2B
Current Deferred Revenue174.0M162.1M241.0M256.4M166.5M174.8M
Net Debt1.9B2.9B2.8B3.3B5.0B5.2B
Retained Earnings1.1B1.3B1.4B1.4B411.5M431.7M
Accounts Payable2.7B2.0B2.4B2.2B2.0B2.1B
Cash1.1B2.2B2.0B2.7B1.8B1.9B
Non Current Assets Total3.6B4.8B5.9B7.1B8.2B8.6B
Non Currrent Assets Other224.8M497.8M222.5M301.4M497.6M522.5M
Cash And Short Term Investments1.1B2.3B2.0B2.7B1.8B1.9B
Net Receivables2.3B2.5B3.2B3.6B3.3B3.4B
Liabilities And Stockholders Equity8.9B12.4B13.0B15.0B15.3B16.0B
Inventory1.8B2.6B1.6B1.4B1.7B1.8B
Other Current Assets153.8M161.4M275.5M256.5M217.3M228.1M
Other Stockholder Equity309.5M1.1B1.2B1.3B1.3B1.3B
Total Liab6.4B8.2B8.9B10.4B11.7B12.3B
Total Current Assets5.4B7.5B7.1B7.9B7.0B7.4B
Short Term Debt1.9B4.2B3.7B4.4B5.1B5.4B
Intangible Assets110.0M229.4M737.0M1.1B1.4B1.4B
Common Stock715.3M1.0B1.1B1.1B1.1B1.1B
Property Plant Equipment3.0B3.7B3.9B4.3B5.0B5.2B
Long Term Debt1.5B1.0B1.1B1.6B1.7B878.3M
Non Current Liabilities Total1.6B1.7B2.1B3.1B3.7B3.9B
Other Liab287.1M626.8M204.7M270.0M310.6M326.1M
Short Term Investments(118.4M)39.2M(254.2M)(294.8M)(267.2M)(253.8M)
Net Tangible Assets2.2B3.5B3.1B2.8B3.3B2.5B
Deferred Long Term Liab126.9M232.1M296.5M339.6M390.6M410.1M
Short Long Term Debt1.6B3.9B3.1B3.5B3.7B2.4B
Common Stock Shares Outstanding929.9M1.0B1.1B1.1B1.1B1.1B
Net Invested Capital5.1B8.5B7.9B8.8B8.2B7.4B
Net Working Capital506.4M1.1B225.1M558.5M(938.5M)(891.6M)
Capital Stock715.3M1.0B1.1B1.1B1.1B1.0B

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Other Information on Investing in LianChuang Stock

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