Sichuan Intangible Assets vs Net Receivables Analysis

002497 Stock   11.46  0.15  1.29%   
Sichuan Yahua financial indicator trend analysis is much more than just breaking down Sichuan Yahua Industrial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Yahua Industrial is a good investment. Please check the relationship between Sichuan Yahua Intangible Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Yahua Industrial. 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.

Intangible Assets vs Net Receivables

Intangible Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Yahua Industrial Intangible Assets account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sichuan Yahua's Intangible Assets and Net Receivables is 0.61. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Sichuan Yahua Industrial, assuming nothing else is changed. The correlation between historical values of Sichuan Yahua's Intangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Sichuan Yahua Industrial are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Intangible Assets i.e., Sichuan Yahua's Intangible Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Receivables

Most indicators from Sichuan Yahua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Yahua Industrial 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 Sichuan Yahua Industrial. 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 November 29, 2024, Selling General Administrative is expected to decline to about 260.2 M. The current year's Tax Provision is expected to grow to about (21.4 M)
 2021 2022 2023 2024 (projected)
Operating Income1.3B5.7B1.1B727.0M
Total Revenue5.2B14.5B11.9B12.5B

Sichuan Yahua fundamental ratios Correlations

0.40.980.990.960.980.890.91-0.120.630.960.760.970.410.610.870.43-0.740.550.950.96-0.340.680.980.910.11
0.40.40.410.40.330.480.380.260.420.350.420.360.170.370.43-0.03-0.280.410.450.280.010.310.390.370.01
0.980.40.960.950.950.860.84-0.10.660.940.750.980.430.60.860.41-0.720.540.910.95-0.240.740.950.910.21
0.990.410.960.940.980.880.93-0.10.590.960.750.940.380.580.830.36-0.710.550.960.94-0.380.620.990.890.13
0.960.40.950.940.890.930.82-0.220.770.880.790.960.50.70.920.49-0.840.620.960.92-0.240.780.930.9-0.08
0.980.330.950.980.890.820.92-0.110.510.980.680.930.340.510.770.37-0.650.480.90.96-0.390.590.980.890.25
0.890.480.860.880.930.820.72-0.170.830.860.790.860.430.620.810.34-0.770.840.930.83-0.320.650.890.81-0.07
0.910.380.840.930.820.920.72-0.050.330.860.650.820.170.380.710.31-0.540.360.90.86-0.430.470.920.830.13
-0.120.26-0.1-0.1-0.22-0.11-0.17-0.05-0.22-0.130.29-0.15-0.51-0.22-0.06-0.230.33-0.08-0.16-0.17-0.07-0.29-0.14-0.170.19
0.630.420.660.590.770.510.830.33-0.220.580.620.70.610.820.770.47-0.750.760.640.590.030.790.580.68-0.2
0.960.350.940.960.880.980.860.86-0.130.580.630.910.360.520.750.35-0.690.550.880.92-0.350.60.980.870.24
0.760.420.750.750.790.680.790.650.290.620.630.740.170.460.790.3-0.530.670.820.74-0.40.50.720.68-0.09
0.970.360.980.940.960.930.860.82-0.150.70.910.740.470.640.920.57-0.780.510.90.96-0.240.780.930.920.07
0.410.170.430.380.50.340.430.17-0.510.610.360.170.470.610.540.39-0.510.270.350.350.120.550.340.44-0.14
0.610.370.60.580.70.510.620.38-0.220.820.520.460.640.610.760.45-0.730.40.560.540.150.810.520.67-0.11
0.870.430.860.830.920.770.810.71-0.060.770.750.790.920.540.760.66-0.840.470.830.83-0.130.80.790.82-0.23
0.43-0.030.410.360.490.370.340.31-0.230.470.350.30.570.390.450.66-0.550.080.340.53-0.10.560.360.55-0.42
-0.74-0.28-0.72-0.71-0.84-0.65-0.77-0.540.33-0.75-0.69-0.53-0.78-0.51-0.73-0.84-0.55-0.43-0.72-0.72-0.06-0.84-0.7-0.630.34
0.550.410.540.550.620.480.840.36-0.080.760.550.670.510.270.40.470.08-0.430.650.51-0.430.310.580.51-0.07
0.950.450.910.960.960.90.930.9-0.160.640.880.820.90.350.560.830.34-0.720.650.9-0.380.630.950.87-0.02
0.960.280.950.940.920.960.830.86-0.170.590.920.740.960.350.540.830.53-0.720.510.9-0.370.690.940.90.13
-0.340.01-0.24-0.38-0.24-0.39-0.32-0.43-0.070.03-0.35-0.4-0.240.120.15-0.13-0.1-0.06-0.43-0.38-0.370.3-0.4-0.270.03
0.680.310.740.620.780.590.650.47-0.290.790.60.50.780.550.810.80.56-0.840.310.630.690.30.60.74-0.06
0.980.390.950.990.930.980.890.92-0.140.580.980.720.930.340.520.790.36-0.70.580.950.94-0.40.60.890.14
0.910.370.910.890.90.890.810.83-0.170.680.870.680.920.440.670.820.55-0.630.510.870.9-0.270.740.890.15
0.110.010.210.13-0.080.25-0.070.130.19-0.20.24-0.090.07-0.14-0.11-0.23-0.420.34-0.07-0.020.130.03-0.060.140.15
Click cells to compare fundamentals

Sichuan Yahua Account Relationship Matchups

Sichuan Yahua fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B7.0B9.1B14.6B14.6B15.3B
Other Current Liab142.7M277.7M321.9M273.3M271.7M214.8M
Total Current Liabilities920.7M1.0B1.9B2.7B3.0B3.2B
Total Stockholder Equity2.8B5.1B6.4B10.9B10.3B10.9B
Other Liab133.7M150.9M226.7M307.8M353.9M371.6M
Retained Earnings1.3B1.6B2.5B6.8B6.3B6.6B
Accounts Payable329.6M474.0M1.3B1.1B888.2M932.6M
Cash333.1M2.0B935.6M3.0B3.4B3.6B
Other Assets183.4M112.9M103.7M186.6M214.6M214.4M
Net Receivables836.5M607.0M1.5B920.8M963.0M521.9M
Inventory408.7M451.9M1.2B3.2B2.2B2.3B
Other Current Assets114.9M132.7M288.7M142.6M261.6M274.6M
Total Liab2.1B1.5B2.3B3.3B3.8B4.0B
Intangible Assets561.6M541.3M581.4M573.8M580.7M369.3M
Property Plant Equipment1.1B1.5B1.4B1.5B1.7B1.8B
Long Term Debt1.0B277.5M126.3M291.4M477.0M317.0M
Good Will406.8M383.1M386.6M340.3M475.7M359.8M
Short Term Investments167.7M41.4M1.5B695.2M593.5M403.5M
Net Tangible Assets1.6B1.9B4.2B5.4B6.2B6.5B
Other Stockholder Equity229.7M127.3M241.6M375.4M431.8M453.3M
Deferred Long Term Liab7.6M8.6M6.9M7.0M6.3M6.4M
Total Current Assets1.9B3.7B5.5B10.1B8.8B9.3B
Non Current Assets Total3.4B3.3B3.6B4.5B5.8B4.0B
Non Currrent Assets Other15.1M3.9M52.5M140.9M169.7M105.0M
Non Current Liabilities Total1.1B504.2M455.9M623.3M784.7M576.7M
Short Long Term Debt252.9M134.9M23.2M296.5M1.2B1.2B
Net Invested Capital4.1B5.5B6.5B11.5B12.0B7.3B
Net Working Capital940.3M2.7B3.6B7.4B5.8B3.3B

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Other Information on Investing in Sichuan Stock

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