Guizhou Net Receivables vs Common Stock Shares Outstanding Analysis

002895 Stock   22.30  0.13  0.59%   
Guizhou Chanhen financial indicator trend analysis is much more than just examining Guizhou Chanhen Chemical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guizhou Chanhen Chemical is a good investment. Please check the relationship between Guizhou Chanhen Net Receivables and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guizhou Chanhen Chemical. 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 Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guizhou Chanhen Chemical Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guizhou Chanhen's Net Receivables and Common Stock Shares Outstanding is 0.71. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Guizhou Chanhen Chemical, assuming nothing else is changed. The correlation between historical values of Guizhou Chanhen's Net Receivables and Common Stock Shares Outstanding 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 Guizhou Chanhen Chemical are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., Guizhou Chanhen's Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Guizhou Chanhen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guizhou Chanhen Chemical 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 Guizhou Chanhen Chemical. 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 Tax Provision is expected to grow to about 185.8 M, whereas Selling General Administrative is forecasted to decline to about 121.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit717.8M1.5B1.7B1.8B
Total Revenue2.5B3.4B4.3B2.4B

Guizhou Chanhen fundamental ratios Correlations

0.530.990.90.860.750.90.980.991.00.40.970.660.990.840.491.00.970.940.990.520.660.970.840.970.92
0.530.450.610.660.740.50.390.530.50.710.710.890.560.270.580.520.650.290.590.60.690.630.730.690.71
0.990.450.870.840.690.90.990.991.00.320.940.60.980.860.470.990.950.970.980.470.630.960.790.950.88
0.90.610.870.960.890.980.850.880.890.530.90.720.890.880.520.880.880.790.90.620.830.890.960.90.95
0.860.660.840.960.780.970.80.850.860.40.90.830.890.860.540.870.90.740.850.530.80.90.890.90.88
0.750.740.690.890.780.780.660.720.720.840.80.660.710.630.520.70.710.580.790.780.840.730.980.790.93
0.90.50.90.980.970.780.870.880.910.360.890.680.910.950.50.910.880.830.880.540.770.90.880.890.89
0.980.390.990.850.80.660.870.980.980.290.920.540.950.840.430.980.920.980.970.430.590.920.770.920.86
0.990.530.990.880.850.720.880.980.990.390.960.660.970.80.440.980.960.950.990.460.640.960.820.970.91
1.00.51.00.890.860.720.910.980.990.350.960.650.990.860.481.00.970.950.980.50.650.970.820.970.9
0.40.710.320.530.40.840.360.290.390.350.490.430.330.160.260.330.350.20.470.570.670.370.710.480.7
0.970.710.940.90.90.80.890.920.960.960.490.810.980.780.530.970.980.850.970.60.740.990.881.00.94
0.660.890.60.720.830.660.680.540.660.650.430.810.730.50.520.670.810.450.680.550.680.790.730.80.71
0.990.560.980.890.890.710.910.950.970.990.330.980.730.860.481.00.990.90.970.490.640.990.810.980.9
0.840.270.860.880.860.630.950.840.80.860.160.780.50.860.430.860.80.80.790.430.610.830.740.780.76
0.490.580.470.520.540.520.50.430.440.480.260.530.520.480.430.480.50.410.510.670.450.50.580.520.49
1.00.520.990.880.870.70.910.980.981.00.330.970.671.00.860.480.980.940.980.480.640.980.810.970.89
0.970.650.950.880.90.710.880.920.960.970.350.980.810.990.80.50.980.860.960.50.650.990.810.990.89
0.940.290.970.790.740.580.830.980.950.950.20.850.450.90.80.410.940.860.920.380.560.860.70.860.79
0.990.590.980.90.850.790.880.970.990.980.470.970.680.970.790.510.980.960.920.550.670.960.870.980.94
0.520.60.470.620.530.780.540.430.460.50.570.60.550.490.430.670.480.50.380.550.620.520.770.580.62
0.660.690.630.830.80.840.770.590.640.650.670.740.680.640.610.450.640.650.560.670.620.680.860.730.82
0.970.630.960.890.90.730.90.920.960.970.370.990.790.990.830.50.980.990.860.960.520.680.830.990.9
0.840.730.790.960.890.980.880.770.820.820.710.880.730.810.740.580.810.810.70.870.770.860.830.870.96
0.970.690.950.90.90.790.890.920.970.970.481.00.80.980.780.520.970.990.860.980.580.730.990.870.94
0.920.710.880.950.880.930.890.860.910.90.70.940.710.90.760.490.890.890.790.940.620.820.90.960.94
Click cells to compare fundamentals

Guizhou Chanhen Account Relationship Matchups

Guizhou Chanhen fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B3.8B6.9B10.2B12.0B12.6B
Other Current Liab88.4M196.5M351.5M138.1M156.1M158.7M
Total Current Liabilities675.0M607.3M1.3B2.5B2.9B3.1B
Total Stockholder Equity2.0B2.9B3.6B4.4B5.8B3.3B
Other Liab145.1M145.0M146.0M192.5M221.4M165.7M
Net Tangible Assets1.8B1.8B2.8B2.4B2.8B2.2B
Retained Earnings887.3M907.6M1.3B1.8B2.1B1.3B
Accounts Payable142.5M143.1M333.3M744.2M1.1B1.1B
Cash341.2M513.7M1.2B1.5B2.2B2.4B
Non Current Assets Total2.0B2.2B4.4B7.1B7.9B8.3B
Non Currrent Assets Other97.8M837.9M390.6M167.3M278.3M252.0M
Other Assets51.1M102.9M147.0M472.5M543.3M570.5M
Net Receivables110.4M72.8M465.4M206.7M250.4M177.3M
Non Current Liabilities Total145.0M201.0M1.9B2.7B2.8B2.9B
Inventory286.7M258.0M350.6M792.2M776.3M465.7M
Other Current Assets75.1M81.5M183.0M153.0M189.7M151.8M
Total Liab820.0M808.4M3.2B5.2B5.7B6.0B
Short Long Term Debt408M238M329.3M709.7M1.0B1.1B
Total Current Assets813.4M1.6B2.5B3.0B4.1B4.3B
Intangible Assets186.7M177.3M1.2B1.4B1.4B1.4B
Common Stock400.0M407.1M407.6M488.4M561.7M467.8M
Property Plant Equipment409.3M575.7M696.1M1.6B1.8B1.9B
Common Stock Shares Outstanding407.1M407.6M488.4M501.8M542.0M508.4M
Net Invested Capital2.4B3.2B5.6B6.6B8.3B4.8B
Net Working Capital138.4M997.5M1.2B541.7M1.2B763.0M

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Other Information on Investing in Guizhou Stock

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