Wuhan Non Currrent Assets Other vs Inventory Analysis

600345 Stock   28.49  0.05  0.18%   
Wuhan Yangtze financial indicator trend analysis is more than just analyzing Wuhan Yangtze Commun current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wuhan Yangtze Commun is a good investment. Please check the relationship between Wuhan Yangtze Non Currrent Assets Other and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wuhan Yangtze Communication. 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.

Non Currrent Assets Other vs Inventory

Non Currrent Assets Other vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wuhan Yangtze Commun Non Currrent Assets Other account and Inventory. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Wuhan Yangtze's Non Currrent Assets Other and Inventory is 0.16. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Inventory in the same time period over historical financial statements of Wuhan Yangtze Communication, assuming nothing else is changed. The correlation between historical values of Wuhan Yangtze's Non Currrent Assets Other 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 Non Currrent Assets Other of Wuhan Yangtze Communication 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 Non Currrent Assets Other i.e., Wuhan Yangtze's Non Currrent Assets Other and Inventory go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Inventory

Most indicators from Wuhan Yangtze's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wuhan Yangtze Commun 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 Wuhan Yangtze Communication. 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 69.2 M. In addition to that, Discontinued Operations is expected to decline to about (7.3 M)
 2021 2022 2023 2024 (projected)
Income Before Tax91.5M207.9M205.1M111.9M
Cost Of Revenue95.9M434.4M465.5M350.3M

Wuhan Yangtze fundamental ratios Correlations

-0.360.790.94-0.290.380.90.84-0.040.390.61-0.140.81-0.260.780.020.90.38-0.840.69-0.650.650.560.870.81-0.57
-0.360.19-0.6-0.39-0.76-0.06-0.090.770.490.460.430.160.28-0.220.83-0.29-0.750.26-0.730.74-0.4-0.77-0.1-0.670.8
0.790.190.54-0.37-0.180.960.80.40.820.930.01.0-0.10.550.520.720.0-0.670.21-0.170.410.050.880.4-0.04
0.94-0.60.54-0.190.610.720.72-0.280.090.33-0.240.57-0.330.76-0.250.850.56-0.80.84-0.810.660.750.710.9-0.76
-0.29-0.39-0.37-0.19-0.08-0.27-0.1-0.63-0.32-0.50.1-0.350.11-0.43-0.55-0.080.320.1-0.150.17-0.05-0.14-0.06-0.150.19
0.38-0.76-0.180.61-0.080.01-0.05-0.53-0.37-0.36-0.34-0.17-0.250.47-0.640.170.46-0.050.88-0.880.60.93-0.050.78-0.85
0.9-0.060.960.72-0.270.010.870.170.680.82-0.080.97-0.170.610.290.840.23-0.780.41-0.370.540.260.940.59-0.26
0.84-0.090.80.72-0.1-0.050.870.040.450.7-0.010.83-0.190.60.160.960.32-0.910.32-0.250.370.180.960.49-0.19
-0.040.770.4-0.28-0.63-0.530.170.040.550.650.120.37-0.010.10.94-0.09-0.640.06-0.440.45-0.27-0.480.03-0.390.46
0.390.490.820.09-0.32-0.370.680.450.550.840.110.80.210.310.640.3-0.39-0.19-0.090.140.23-0.220.560.080.31
0.610.460.930.33-0.5-0.360.820.70.650.840.180.92-0.090.470.740.57-0.26-0.54-0.010.060.19-0.160.750.170.16
-0.140.430.0-0.240.1-0.34-0.08-0.010.120.110.180.010.510.090.19-0.03-0.580.0-0.460.49-0.24-0.510.08-0.40.53
0.810.161.00.57-0.35-0.170.970.830.370.80.920.01-0.10.560.490.750.03-0.70.23-0.180.420.070.90.42-0.06
-0.260.28-0.1-0.330.11-0.25-0.17-0.19-0.010.21-0.090.51-0.10.08-0.03-0.22-0.590.2-0.440.45-0.25-0.44-0.13-0.420.46
0.78-0.220.550.76-0.430.470.610.60.10.310.470.090.560.080.010.710.01-0.610.54-0.470.470.480.60.6-0.43
0.020.830.52-0.25-0.55-0.640.290.160.940.640.740.190.49-0.030.01-0.01-0.59-0.04-0.450.46-0.18-0.540.17-0.360.53
0.9-0.290.720.85-0.080.170.840.96-0.090.30.57-0.030.75-0.220.71-0.010.43-0.950.5-0.420.470.370.920.63-0.38
0.38-0.750.00.560.320.460.230.32-0.64-0.39-0.26-0.580.03-0.590.01-0.590.43-0.410.63-0.620.420.640.260.61-0.66
-0.840.26-0.67-0.80.1-0.05-0.78-0.910.06-0.19-0.540.0-0.70.2-0.61-0.04-0.95-0.41-0.380.34-0.32-0.25-0.86-0.50.35
0.69-0.730.210.84-0.150.880.410.32-0.44-0.09-0.01-0.460.23-0.440.54-0.450.50.63-0.38-0.980.750.980.330.97-0.91
-0.650.74-0.17-0.810.17-0.88-0.37-0.250.450.140.060.49-0.180.45-0.470.46-0.42-0.620.34-0.98-0.74-0.96-0.26-0.950.93
0.65-0.40.410.66-0.050.60.540.37-0.270.230.19-0.240.42-0.250.47-0.180.470.42-0.320.75-0.740.650.450.81-0.5
0.56-0.770.050.75-0.140.930.260.18-0.48-0.22-0.16-0.510.07-0.440.48-0.540.370.64-0.250.98-0.960.650.160.91-0.94
0.87-0.10.880.71-0.06-0.050.940.960.030.560.750.080.9-0.130.60.170.920.26-0.860.33-0.260.450.160.51-0.16
0.81-0.670.40.9-0.150.780.590.49-0.390.080.17-0.40.42-0.420.6-0.360.630.61-0.50.97-0.950.810.910.51-0.85
-0.570.8-0.04-0.760.19-0.85-0.26-0.190.460.310.160.53-0.060.46-0.430.53-0.38-0.660.35-0.910.93-0.5-0.94-0.16-0.85
Click cells to compare fundamentals

Wuhan Yangtze Account Relationship Matchups

Wuhan Yangtze fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.2B2.3B3.4B4.4B4.7B
Other Current Liab21.8M17.8M28.6M16.2M22.1M21.0M
Total Current Liabilities130.4M174.1M199.4M815.8M944.2M991.5M
Total Stockholder Equity2.0B2.0B2.1B2.4B3.4B3.6B
Retained Earnings1.1B1.2B1.3B1.0B1.2B612.4M
Accounts Payable41.7M76.8M124.7M484.0M620.3M651.3M
Cash199.8M244.2M219.1M396.8M965.7M1.0B
Other Assets11.6M13.0M12.2M13.2M15.2M23.1M
Net Receivables124.0M121.0M125.2M513.3M541.6M292.4M
Inventory17.5M8.0M15.7M209.2M288.5M302.9M
Other Current Assets15.6M9.2M8.0M6.7M15.4M19.3M
Total Liab137.4M180.8M207.7M833.5M1.0B1.1B
Intangible Assets32.9M33.2M32.0M31.0M30.0M30.2M
Property Plant Equipment32.5M40.0M38.4M60.4M54.4M85.3M
Net Tangible Assets1.9B1.9B2.0B2.1B2.4B1.9B
Other Stockholder Equity16.6M18.4M11.4M10.3M9.2M16.7M
Total Current Assets356.9M390.5M394.1M1.2B1.9B2.0B
Non Current Assets Total1.7B1.8B1.9B2.2B2.6B2.0B
Non Current Liabilities Total6.9M6.7M8.3M17.8M72.4M76.0M
Short Long Term Debt49.1M55.9M31.0M30.1M23.0M31.9M
Net Invested Capital2.0B2.1B2.1B2.4B3.5B2.5B
Net Working Capital226.5M216.4M194.7M354.9M925.6M971.9M

Currently Active Assets on Macroaxis

Other Information on Investing in Wuhan Stock

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