SuZhou Inventory vs Total Assets Analysis

002547 Stock   4.76  0.13  2.66%   
SuZhou ChunXing financial indicator trend analysis is much more than just breaking down SuZhou ChunXing Precision prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SuZhou ChunXing Precision is a good investment. Please check the relationship between SuZhou ChunXing Inventory and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SuZhou ChunXing Precision. 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.

Inventory vs Total Assets

Inventory vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SuZhou ChunXing Precision Inventory account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SuZhou ChunXing's Inventory and Total Assets is 0.89. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Assets in the same time period over historical financial statements of SuZhou ChunXing Precision, assuming nothing else is changed. The correlation between historical values of SuZhou ChunXing's Inventory 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 Inventory of SuZhou ChunXing Precision 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 Inventory i.e., SuZhou ChunXing's Inventory and Total Assets go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Total Assets

Total assets refers to the total amount of SuZhou ChunXing 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 SuZhou ChunXing Precision 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 SuZhou ChunXing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SuZhou ChunXing Precision 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 SuZhou ChunXing Precision. 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 25, 2024, Selling General Administrative is expected to decline to about 55.8 M. The current year's Tax Provision is expected to grow to about (34.9 M)
 2021 2022 2023 2024 (projected)
Gross Profit289.0M555.7M335.8M371.1M
Total Revenue2.7B2.6B2.3B2.6B

SuZhou ChunXing fundamental ratios Correlations

0.940.220.990.670.950.740.74-0.180.960.810.970.810.960.80.190.890.860.850.950.980.940.490.870.090.76
0.940.280.960.450.930.730.86-0.380.870.720.990.720.840.830.360.730.750.860.970.840.990.520.890.280.87
0.220.280.26-0.120.21-0.120.16-0.370.270.320.250.310.150.310.40.110.110.30.350.190.230.30.30.440.45
0.990.960.260.570.940.730.78-0.280.960.80.980.810.940.790.280.830.830.860.980.950.970.460.880.170.82
0.670.45-0.120.570.620.570.250.590.560.40.550.410.730.38-0.570.840.790.370.410.740.510.230.41-0.540.07
0.950.930.210.940.620.720.78-0.190.870.720.970.720.850.840.230.870.830.770.910.890.950.660.90.160.77
0.740.73-0.120.730.570.720.730.020.580.360.770.360.670.43-0.020.630.770.560.660.660.780.380.53-0.110.44
0.740.860.160.780.250.780.73-0.420.620.360.840.370.630.670.40.560.580.60.760.610.880.410.720.440.7
-0.18-0.38-0.37-0.280.59-0.190.02-0.42-0.26-0.38-0.29-0.38-0.06-0.44-0.980.170.17-0.47-0.44-0.07-0.3-0.25-0.41-0.88-0.71
0.960.870.270.960.560.870.580.62-0.260.880.90.890.960.760.270.830.780.850.940.970.860.390.840.130.78
0.810.720.320.80.40.720.360.36-0.380.880.731.00.780.720.40.640.570.890.830.830.680.420.730.220.76
0.970.990.250.980.550.970.770.84-0.290.90.730.730.880.840.290.80.810.850.960.890.990.560.90.210.83
0.810.720.310.810.410.720.360.37-0.380.891.00.730.780.720.390.640.570.890.830.840.680.410.730.210.76
0.960.840.150.940.730.850.670.63-0.060.960.780.880.780.70.060.90.830.790.870.980.850.320.75-0.030.62
0.80.830.310.790.380.840.430.67-0.440.760.720.840.720.70.460.610.580.810.830.720.80.70.90.340.81
0.190.360.40.28-0.570.23-0.020.4-0.980.270.40.290.390.060.46-0.13-0.170.450.440.080.280.380.410.870.7
0.890.730.110.830.840.870.630.560.170.830.640.80.640.90.61-0.130.860.590.730.930.770.440.69-0.10.45
0.860.750.110.830.790.830.770.580.170.780.570.810.570.830.58-0.170.860.550.740.870.80.380.73-0.240.49
0.850.860.30.860.370.770.560.6-0.470.850.890.850.890.790.810.450.590.550.90.80.820.470.770.320.83
0.950.970.350.980.410.910.660.76-0.440.940.830.960.830.870.830.440.730.740.90.880.950.520.90.30.92
0.980.840.190.950.740.890.660.61-0.070.970.830.890.840.980.720.080.930.870.80.880.860.40.79-0.010.65
0.940.990.230.970.510.950.780.88-0.30.860.680.990.680.850.80.280.770.80.820.950.860.490.880.230.82
0.490.520.30.460.230.660.380.41-0.250.390.420.560.410.320.70.380.440.380.470.520.40.490.580.240.52
0.870.890.30.880.410.90.530.72-0.410.840.730.90.730.750.90.410.690.730.770.90.790.880.580.330.88
0.090.280.440.17-0.540.16-0.110.44-0.880.130.220.210.21-0.030.340.87-0.1-0.240.320.3-0.010.230.240.330.54
0.760.870.450.820.070.770.440.7-0.710.780.760.830.760.620.810.70.450.490.830.920.650.820.520.880.54
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SuZhou ChunXing Account Relationship Matchups

SuZhou ChunXing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.1B6.1B6.2B5.7B4.9B4.3B
Short Long Term Debt Total1.8B1.8B1.7B1.8B2.0B1.2B
Other Current Liab31.8M5.5M444.3K264.1M8.9M8.5M
Total Current Liabilities5.0B4.0B4.3B3.9B3.5B2.7B
Total Stockholder Equity2.7B1.7B628.6M490.4M243.2M231.0M
Property Plant And Equipment Net1.9B1.4B1.7B1.5B1.7B1.2B
Current Deferred Revenue131.0M133.1M254.7M2.1M144.2M130.7M
Net Debt971.2M960.2M767.9M868.6M1.4B1.5B
Retained Earnings122.0M(936.4M)(2.0B)(2.1B)(2.4B)(2.2B)
Accounts Payable3.1B2.2B2.5B2.2B1.5B1.4B
Cash874.9M875.5M971.9M891.2M612.8M521.4M
Non Current Assets Total3.4B2.8B3.0B2.8B3.0B2.0B
Cash And Short Term Investments903.6M895.2M976.9M894.2M614.8M526.2M
Net Receivables2.4B1.6B1.4B1.2B841.2M1.1B
Liabilities And Stockholders Equity8.1B6.1B6.2B5.7B4.9B4.3B
Non Current Liabilities Total136.9M288.5M1.2B1.2B1.2B1.2B
Inventory975.5M460.9M434.5M485.3M389.7M479.9M
Other Current Assets419.3M432.1M368.2M275.9M82.2M78.1M
Total Liab5.1B4.3B5.5B5.1B4.7B3.0B
Total Current Assets4.7B3.4B3.2B2.9B1.9B2.3B
Short Term Debt1.7B1.7B1.5B1.5B1.8B1.1B
Intangible Assets82.9M53.3M140.3M132.3M127.4M93.3M
Other Liab36.9M113.4M148.8M904.2M1.0B1.1B
Non Currrent Assets Other504.8M540.0M807.9M799.4M775.4M395.9M
Other Assets605.3M543.1M1.0968.3M1.151.09
Property Plant Equipment1.9B1.4B1.7B1.5B1.7B1.3B
Short Term Investments28.7M19.7M5M3M2M1.9M
Long Term Debt100M171.9M197.6M274.0M202.5M172.5M
Net Tangible Assets2.2B1.6B488.2M358.0M322.2M306.1M
Deferred Long Term Liab36.2M43.4M60.6M25.7M29.5M36.4M
Short Long Term Debt1.7B1.7B1.5B1.4B1.6B1.7B
Non Current Liabilities Other100M71.4M22.4M1.9M6.3M6.0M
Net Invested Capital4.5B3.5B2.3B2.2B2.1B2.8B
Net Working Capital(358.2M)(678.7M)(1.1B)(1.1B)(1.6B)(1.5B)

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Other Information on Investing in SuZhou Stock

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