Sichuan Change To Netincome vs Change To Account Receivables Analysis

600674 Stock   17.08  0.07  0.41%   
Sichuan Chuantou financial indicator trend analysis is much more than just breaking down Sichuan Chuantou Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Chuantou Energy is a good investment. Please check the relationship between Sichuan Chuantou Change To Netincome and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Chuantou Energy. 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.

Change To Netincome vs Change To Account Receivables

Change To Netincome vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Chuantou Energy Change To Netincome account and Change To Account Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Sichuan Chuantou's Change To Netincome and Change To Account Receivables is 0.13. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Sichuan Chuantou Energy, assuming nothing else is changed. The correlation between historical values of Sichuan Chuantou's Change To Netincome and Change To Account 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 Change To Netincome of Sichuan Chuantou Energy are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Change To Netincome i.e., Sichuan Chuantou's Change To Netincome and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Netincome

Change To Account Receivables

Most indicators from Sichuan Chuantou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Chuantou Energy 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 Chuantou Energy. 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 23, 2024, Selling General Administrative is expected to decline to about 63 M. In addition to that, Tax Provision is expected to decline to about 42.8 M
 2021 2022 2023 2024 (projected)
Income Before Tax3.2B3.6B4.6B4.8B
Cost Of Revenue733.9M873.5M794.9M508.0M

Sichuan Chuantou fundamental ratios Correlations

0.570.970.980.910.860.660.520.440.480.18-0.380.950.90.850.890.790.690.90.910.320.840.80.750.770.88
0.570.570.510.440.310.370.130.10.340.1-0.30.610.470.350.510.50.670.520.610.250.470.360.610.350.5
0.970.570.950.90.850.650.530.330.410.31-0.30.930.880.780.850.730.70.930.920.30.890.850.780.820.9
0.980.510.950.840.930.60.540.440.50.17-0.340.860.820.920.80.660.690.880.820.150.870.830.750.820.81
0.910.440.90.840.720.70.350.380.30.35-0.270.940.980.630.910.820.620.880.950.540.740.710.70.640.92
0.860.310.850.930.720.550.640.30.440.34-0.220.690.680.880.590.490.730.830.67-0.080.880.880.810.880.71
0.660.370.650.60.70.550.310.330.660.19-0.330.710.730.40.680.690.470.820.720.40.660.480.580.550.85
0.520.130.530.540.350.640.31-0.230.040.32-0.270.440.330.420.40.410.480.490.37-0.020.540.660.540.620.43
0.440.10.330.440.380.30.33-0.230.63-0.42-0.390.410.410.570.440.390.00.250.380.310.120.00.04-0.010.32
0.480.340.410.50.30.440.660.040.63-0.33-0.270.40.380.550.340.320.20.510.37-0.020.460.170.280.370.49
0.180.10.310.170.350.340.190.32-0.42-0.330.080.170.29-0.050.080.060.550.350.280.030.360.470.570.370.3
-0.38-0.3-0.3-0.34-0.27-0.22-0.33-0.27-0.39-0.270.08-0.43-0.27-0.3-0.5-0.54-0.3-0.23-0.29-0.27-0.15-0.05-0.240.0-0.26
0.950.610.930.860.940.690.710.440.410.40.17-0.430.950.660.970.920.630.870.970.560.730.670.690.620.92
0.90.470.880.820.980.680.730.330.410.380.29-0.270.950.590.920.860.570.870.960.60.70.630.670.60.93
0.850.350.780.920.630.880.40.420.570.55-0.05-0.30.660.590.60.440.550.70.59-0.090.750.720.580.730.59
0.890.510.850.80.910.590.680.40.440.340.08-0.50.970.920.60.950.520.780.920.630.610.560.570.50.86
0.790.50.730.660.820.490.690.410.390.320.06-0.540.920.860.440.950.510.690.860.70.470.430.570.370.8
0.690.670.70.690.620.730.470.480.00.20.55-0.30.630.570.550.520.510.710.630.010.720.750.970.690.6
0.90.520.930.880.880.830.820.490.250.510.35-0.230.870.870.70.780.690.710.880.270.940.840.810.870.96
0.910.610.920.820.950.670.720.370.380.370.28-0.290.970.960.590.920.860.630.880.610.720.680.710.610.94
0.320.250.30.150.54-0.080.4-0.020.31-0.020.03-0.270.560.6-0.090.630.70.010.270.61-0.03-0.040.06-0.170.51
0.840.470.890.870.740.880.660.540.120.460.36-0.150.730.70.750.610.470.720.940.72-0.030.920.80.970.83
0.80.360.850.830.710.880.480.660.00.170.47-0.050.670.630.720.560.430.750.840.68-0.040.920.810.940.72
0.750.610.780.750.70.810.580.540.040.280.57-0.240.690.670.580.570.570.970.810.710.060.80.810.780.72
0.770.350.820.820.640.880.550.62-0.010.370.370.00.620.60.730.50.370.690.870.61-0.170.970.940.780.73
0.880.50.90.810.920.710.850.430.320.490.3-0.260.920.930.590.860.80.60.960.940.510.830.720.720.73
Click cells to compare fundamentals

Sichuan Chuantou Account Relationship Matchups

Sichuan Chuantou fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.5B41.3B48.5B54.7B60.4B63.4B
Other Current Liab1.3B251.4M166.5M398.7M1.0B1.1B
Total Current Liabilities5.6B5.4B7.8B7.9B9.0B9.5B
Total Stockholder Equity27.1B28.8B31.2B33.8B37.1B38.9B
Other Liab64.5M579.2M593.1M655.7M754.1M791.8M
Retained Earnings18.0B19.6B21.1B22.8B16.3B17.1B
Accounts Payable161.0M176.1M195.9M242.3M271.5M149.7M
Cash712.0M604.0M1.0B841.9M514.7M489.3M
Other Assets46.7M92.3M220.4M431.5M496.3M521.1M
Net Receivables540.7M358.0M333.1M654.7M740.3M396.3M
Inventory101.8M132.6M121.2M101.1M69.4M84.7M
Other Current Assets19.1M24.3M19.5M7.8M9.1M8.7M
Total Liab9.8B11.6B16.2B19.5B21.8B22.8B
Intangible Assets32.2M285.5M299.7M502.7M485.3M509.6M
Property Plant Equipment3.3B6.2B7.6B8.8B10.1B10.7B
Long Term Debt4.2B5.6B7.8B10.8B9.4B9.9B
Short Term Investments4.1B3.2B2.4B2.1B1.9B2.2B
Net Tangible Assets27.1B28.5B30.9B33.3B38.3B28.3B
Other Stockholder Equity695.7M695.5M1.7B2.0B2.3B2.4B
Deferred Long Term Liab233.2K6.4M21.1M21.3M24.5M25.7M
Short Long Term Debt3.2B3.4B4.8B2.6B3.3B2.9B
Total Current Assets5.4B4.5B4.1B4.5B3.4B3.2B
Non Current Assets Total32.0B36.8B44.4B50.2B57.0B41.9B
Non Currrent Assets Other68.8M99.5M142.3M336.4M380.8M361.8M
Non Current Liabilities Total4.2B6.2B8.4B11.6B12.7B6.9B
Non Current Liabilities Other2.6M11.6M29.8M31.4M31.8M33.4M
Net Debt6.6B8.4B11.6B12.6B12.2B9.4B
Net Invested Capital34.5B37.8B43.8B47.2B49.8B42.4B
Net Working Capital(142.2M)(850.9M)(3.7B)(3.5B)(5.6B)(5.3B)

Currently Active Assets on Macroaxis

Other Information on Investing in Sichuan Stock

Balance Sheet is a snapshot of the financial position of Sichuan Chuantou Energy at a specified time, usually calculated after every quarter, six months, or one year. Sichuan Chuantou Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sichuan Chuantou 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.