Tianshui Property Plant And Equipment Net vs Inventory Analysis

002185 Stock   11.84  0.14  1.20%   
Tianshui Huatian financial indicator trend analysis is much more than just breaking down Tianshui Huatian Tec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianshui Huatian Tec is a good investment. Please check the relationship between Tianshui Huatian Property Plant And Equipment Net and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianshui Huatian 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.

Property Plant And Equipment Net vs Inventory

Property Plant And Equipment Net vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianshui Huatian Tec Property Plant And Equipment Net account and Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tianshui Huatian's Property Plant And Equipment Net and Inventory is 0.95. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Inventory in the same time period over historical financial statements of Tianshui Huatian Technology, assuming nothing else is changed. The correlation between historical values of Tianshui Huatian's Property Plant And Equipment Net and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Tianshui Huatian Technology are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Property Plant And Equipment Net i.e., Tianshui Huatian's Property Plant And Equipment Net and Inventory go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Inventory

Most indicators from Tianshui Huatian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianshui Huatian Tec 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 Tianshui Huatian 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.
The current year's Selling General Administrative is expected to grow to about 175.8 M, whereas Tax Provision is projected to grow to (45.1 M).
 2021 2022 2023 2024 (projected)
Operating Income2.1B1.0B80.2M76.2M
Total Revenue12.1B11.9B11.3B11.9B

Tianshui Huatian fundamental ratios Correlations

0.970.820.991.00.981.00.460.711.00.950.951.00.970.970.970.990.960.320.960.990.990.960.920.960.99
0.970.890.980.950.970.970.280.830.960.870.910.970.990.940.950.980.890.190.910.980.951.00.860.920.98
0.820.890.840.80.830.84-0.130.850.820.630.720.830.830.770.790.810.750.120.790.830.780.920.630.740.85
0.990.980.840.980.970.990.420.730.990.940.950.990.980.970.970.980.960.30.941.00.990.970.890.960.99
1.00.950.80.980.970.990.470.660.990.950.960.990.950.970.970.970.970.350.970.980.990.940.90.950.99
0.980.970.830.970.970.990.390.790.980.890.890.990.970.910.970.980.910.240.920.970.940.960.940.940.99
1.00.970.840.990.990.990.420.740.990.930.931.00.970.950.970.990.950.280.950.990.970.960.920.951.0
0.460.28-0.130.420.470.390.42-0.140.450.670.530.440.370.470.450.430.520.370.420.420.490.210.580.50.39
0.710.830.850.730.660.790.74-0.140.70.50.520.740.790.590.730.750.6-0.120.590.740.630.850.640.70.77
1.00.960.820.990.990.980.990.450.70.950.940.990.960.960.980.970.970.350.950.990.980.950.920.970.99
0.950.870.630.940.950.890.930.670.50.950.950.930.890.940.920.920.970.430.90.940.960.840.880.940.92
0.950.910.720.950.960.890.930.530.520.940.950.930.921.00.910.940.920.380.950.950.980.880.840.890.93
1.00.970.830.990.990.991.00.440.740.990.930.930.970.950.970.990.950.290.950.990.970.960.930.961.0
0.970.990.830.980.950.970.970.370.790.960.890.920.970.950.950.990.890.20.910.990.950.970.90.930.98
0.970.940.770.970.970.910.950.470.590.960.941.00.950.950.930.960.920.350.960.970.990.920.850.90.95
0.970.950.790.970.970.970.970.450.730.980.920.910.970.950.930.960.940.370.910.970.960.940.940.960.97
0.990.980.810.980.970.980.990.430.750.970.920.940.990.990.960.960.920.230.920.990.970.960.920.940.99
0.960.890.750.960.970.910.950.520.60.970.970.920.950.890.920.940.920.440.910.950.960.890.860.960.94
0.320.190.120.30.350.240.280.37-0.120.350.430.380.290.20.350.370.230.440.30.280.390.20.370.40.26
0.960.910.790.940.970.920.950.420.590.950.90.950.950.910.960.910.920.910.30.940.960.90.820.850.95
0.990.980.831.00.980.970.990.420.740.990.940.950.990.990.970.970.990.950.280.940.980.970.90.960.99
0.990.950.780.990.990.940.970.490.630.980.960.980.970.950.990.960.970.960.390.960.980.930.880.940.97
0.961.00.920.970.940.960.960.210.850.950.840.880.960.970.920.940.960.890.20.90.970.930.830.910.97
0.920.860.630.890.90.940.920.580.640.920.880.840.930.90.850.940.920.860.370.820.90.880.830.930.91
0.960.920.740.960.950.940.950.50.70.970.940.890.960.930.90.960.940.960.40.850.960.940.910.930.95
0.990.980.850.990.990.991.00.390.770.990.920.931.00.980.950.970.990.940.260.950.990.970.970.910.95
Click cells to compare fundamentals

Tianshui Huatian Account Relationship Matchups

Tianshui Huatian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.0B19.3B30.0B31.0B33.8B35.4B
Short Long Term Debt Total3.3B4.2B6.3B7.1B10.0B10.5B
Other Current Liab80.7M73.8M78.0M830.9M811.3M851.9M
Total Current Liabilities4.1B5.0B8.2B8.2B9.6B10.1B
Total Stockholder Equity7.8B8.5B15.0B15.8B15.8B16.6B
Other Liab514.7M579.6M637.7M807.9M929.1M975.6M
Property Plant And Equipment Net9.3B10.9B15.9B18.4B19.9B20.9B
Current Deferred Revenue497.4M614.9M1.1B213.3M145.6M212.8M
Net Debt1.2B1.3B(823.4M)1.9B4.5B4.8B
Retained Earnings2.6B3.2B4.5B5.1B5.2B5.5B
Accounts Payable1.7B2.1B3.8B2.8B2.8B3.0B
Cash2.1B2.9B7.1B5.2B5.5B5.7B
Non Current Assets Total11.2B13.2B18.5B21.1B22.6B23.7B
Long Term Debt1.6B2.1B3.0B2.7B4.0B4.2B
Cash And Short Term Investments2.1B2.9B7.1B5.5B6.3B6.7B
Net Receivables1.5B1.7B2.0B2.0B2.6B2.7B
Liabilities And Stockholders Equity16.0B19.3B30.0B31.0B33.8B35.4B
Non Current Liabilities Total2.1B2.7B3.8B3.6B4.5B4.7B
Inventory1.1B1.4B2.2B2.3B2.1B2.2B
Other Current Assets103.3M133.3M98.1M96.6M65.6M55.4M
Other Stockholder Equity2.1B2.3B7.1B7.2B7.2B7.5B
Total Liab6.1B7.7B12.0B11.8B14.1B14.8B
Total Current Assets4.8B6.1B11.5B9.9B11.1B11.7B
Short Term Debt1.8B2.2B3.1B4.3B5.8B6.1B
Intangible Assets431.4M490.8M445.8M420.7M484.9M509.2M
Property Plant Equipment9.3B10.9B15.9B18.4B21.2B22.2B
Other Assets464.2M426.1M1.0879.1M857.0M0.95
Non Currrent Assets Other222.0M391.1M500.6M889.5M145.5M252.6M
Good Will811.2M772.7M729.9M753.9M729.2M390.7M
Net Tangible Assets6.5B7.2B13.9B14.6B16.8B8.6B
Short Term Investments(15.5M)(25.0M)(168.7M)298.9M876.5M920.3M
Deferred Long Term Liab8.1M18.3M164.1M160.6M184.7M193.9M
Short Long Term Debt1.5B1.6B1.7B2.1B2.4B1.5B
Net Invested Capital10.7B12.1B19.8B20.6B22.3B15.9B
Net Working Capital763.1M1.1B3.3B1.8B1.5B1.6B

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Other Information on Investing in Tianshui Stock

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