LianChuang Tax Provision vs Reconciled Depreciation 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 Tax Provision and its Reconciled Depreciation 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.
Tax Provision vs Reconciled Depreciation
Tax Provision vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LianChuang Electronic Tax Provision account and Reconciled Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between LianChuang Electronic's Tax Provision and Reconciled Depreciation is -0.82. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Reconciled Depreciation 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 Tax Provision and Reconciled 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 Tax Provision of LianChuang Electronic Technology are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Tax Provision i.e., LianChuang Electronic's Tax Provision and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Reconciled Depreciation
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 Interest | 25.8M | 28.2M | 67.6M | 96.8M | Income Tax Expense | 1.2M | 3.4M | 3.9M | 3.7M |
LianChuang Electronic fundamental ratios Correlations
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LianChuang Electronic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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LianChuang Electronic fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.9B | 12.4B | 13.0B | 15.0B | 15.3B | 16.0B | |
Short Long Term Debt Total | 3.1B | 5.2B | 4.8B | 6.0B | 6.8B | 7.2B | |
Other Current Liab | 86.9M | 128.5M | 484.7M | 458.9M | 688.0M | 722.4M | |
Total Current Liabilities | 4.8B | 6.4B | 6.8B | 7.3B | 8.0B | 8.4B | |
Total Stockholder Equity | 2.2B | 3.6B | 3.8B | 3.8B | 2.8B | 3.0B | |
Property Plant And Equipment Net | 3.0B | 3.7B | 3.9B | 4.3B | 4.9B | 5.2B | |
Current Deferred Revenue | 174.0M | 162.1M | 241.0M | 256.4M | 166.5M | 174.8M | |
Net Debt | 1.9B | 2.9B | 2.8B | 3.3B | 5.0B | 5.2B | |
Retained Earnings | 1.1B | 1.3B | 1.4B | 1.4B | 411.5M | 431.7M | |
Accounts Payable | 2.7B | 2.0B | 2.4B | 2.2B | 2.0B | 2.1B | |
Cash | 1.1B | 2.2B | 2.0B | 2.7B | 1.8B | 1.9B | |
Non Current Assets Total | 3.6B | 4.8B | 5.9B | 7.1B | 8.2B | 8.6B | |
Non Currrent Assets Other | 224.8M | 497.8M | 222.5M | 301.4M | 497.6M | 522.5M | |
Cash And Short Term Investments | 1.1B | 2.3B | 2.0B | 2.7B | 1.8B | 1.9B | |
Net Receivables | 2.3B | 2.5B | 3.2B | 3.6B | 3.3B | 3.4B | |
Liabilities And Stockholders Equity | 8.9B | 12.4B | 13.0B | 15.0B | 15.3B | 16.0B | |
Inventory | 1.8B | 2.6B | 1.6B | 1.4B | 1.7B | 1.8B | |
Other Current Assets | 153.8M | 161.4M | 275.5M | 256.5M | 217.3M | 228.1M | |
Other Stockholder Equity | 309.5M | 1.1B | 1.2B | 1.3B | 1.3B | 1.3B | |
Total Liab | 6.4B | 8.2B | 8.9B | 10.4B | 11.7B | 12.3B | |
Total Current Assets | 5.4B | 7.5B | 7.1B | 7.9B | 7.0B | 7.4B | |
Short Term Debt | 1.9B | 4.2B | 3.7B | 4.4B | 5.1B | 5.4B | |
Intangible Assets | 110.0M | 229.4M | 737.0M | 1.1B | 1.4B | 1.4B | |
Common Stock | 715.3M | 1.0B | 1.1B | 1.1B | 1.1B | 1.1B | |
Property Plant Equipment | 3.0B | 3.7B | 3.9B | 4.3B | 5.0B | 5.2B | |
Long Term Debt | 1.5B | 1.0B | 1.1B | 1.6B | 1.7B | 878.3M | |
Non Current Liabilities Total | 1.6B | 1.7B | 2.1B | 3.1B | 3.7B | 3.9B | |
Other Liab | 287.1M | 626.8M | 204.7M | 270.0M | 310.6M | 326.1M | |
Short Term Investments | (118.4M) | 39.2M | (254.2M) | (294.8M) | (267.2M) | (253.8M) | |
Net Tangible Assets | 2.2B | 3.5B | 3.1B | 2.8B | 3.3B | 2.5B | |
Deferred Long Term Liab | 126.9M | 232.1M | 296.5M | 339.6M | 390.6M | 410.1M | |
Short Long Term Debt | 1.6B | 3.9B | 3.1B | 3.5B | 3.7B | 2.4B | |
Common Stock Shares Outstanding | 929.9M | 1.0B | 1.1B | 1.1B | 1.1B | 1.1B | |
Net Invested Capital | 5.1B | 8.5B | 7.9B | 8.8B | 8.2B | 7.4B | |
Net Working Capital | 506.4M | 1.1B | 225.1M | 558.5M | (938.5M) | (891.6M) | |
Capital Stock | 715.3M | 1.0B | 1.1B | 1.1B | 1.1B | 1.0B |
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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.