WuXi Other Operating Expenses vs Selling General Administrative Analysis

603259 Stock   55.79  0.12  0.21%   
WuXi AppTec financial indicator trend analysis is more than just analyzing WuXi AppTec current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WuXi AppTec is a good investment. Please check the relationship between WuXi AppTec Other Operating Expenses and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in WuXi AppTec Co. 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.

Other Operating Expenses vs Selling General Administrative

Other Operating Expenses vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WuXi AppTec Other Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between WuXi AppTec's Other Operating Expenses and Selling General Administrative is 0.56. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of WuXi AppTec Co, assuming nothing else is changed. The correlation between historical values of WuXi AppTec's Other Operating Expenses and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of WuXi AppTec Co are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Other Operating Expenses i.e., WuXi AppTec's Other Operating Expenses and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of WuXi AppTec. It is also known as WuXi AppTec overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Selling General Administrative

Most indicators from WuXi AppTec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WuXi AppTec 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 WuXi AppTec Co. 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 Selling General Administrative is expected to grow to about 1.3 B. The current year's Tax Provision is expected to grow to about 2.2 B
 2021 2022 2023 2024 (projected)
Operating Income4.7B9.7B11.8B12.4B
Total Revenue22.9B39.4B40.3B42.4B

WuXi AppTec fundamental ratios Correlations

0.90.91.00.770.970.710.980.410.850.870.870.860.90.910.980.980.89-0.151.00.940.480.74-0.510.910.86
0.90.80.910.480.960.420.920.180.810.660.730.770.730.790.850.960.71-0.470.910.820.210.44-0.450.730.84
0.90.80.890.770.840.760.860.380.90.920.980.940.970.980.910.880.88-0.230.890.990.620.71-0.60.940.95
1.00.910.890.750.970.690.980.380.850.860.860.850.890.90.980.980.9-0.151.00.930.460.71-0.510.910.85
0.770.480.770.750.610.80.690.70.650.870.750.730.870.760.830.650.880.360.740.780.690.94-0.230.850.65
0.970.960.840.970.610.540.980.290.840.760.790.80.810.850.920.990.81-0.310.970.880.290.59-0.470.840.85
0.710.420.760.690.80.540.580.430.570.830.840.650.80.760.770.590.730.130.680.740.880.73-0.720.750.56
0.980.920.860.980.690.980.580.390.830.840.80.830.850.860.950.980.85-0.250.970.90.320.68-0.440.90.87
0.410.180.380.380.70.290.430.390.330.530.330.330.560.390.480.330.470.370.360.380.260.870.150.50.36
0.850.810.90.850.650.840.570.830.330.790.840.850.870.940.80.850.85-0.190.850.920.390.61-0.450.880.89
0.870.660.920.860.870.760.830.840.530.790.910.870.950.920.910.80.9-0.020.840.920.640.81-0.550.970.83
0.870.730.980.860.750.790.840.80.330.840.910.930.950.970.880.840.84-0.180.860.960.740.68-0.690.910.9
0.860.770.940.850.730.80.650.830.330.850.870.930.920.940.850.840.81-0.140.850.950.60.66-0.470.90.93
0.90.730.970.890.870.810.80.850.560.870.950.950.920.970.930.850.91-0.060.880.970.650.85-0.50.960.92
0.910.790.980.90.760.850.760.860.390.940.920.970.940.970.90.880.89-0.170.90.990.60.72-0.60.960.93
0.980.850.910.980.830.920.770.950.480.80.910.880.850.930.90.950.91-0.120.970.930.540.78-0.520.930.84
0.980.960.880.980.650.990.590.980.330.850.80.840.840.850.880.950.83-0.310.980.910.370.63-0.510.870.88
0.890.710.880.90.880.810.730.850.470.850.90.840.810.910.890.910.830.110.890.920.520.79-0.380.950.78
-0.15-0.47-0.23-0.150.36-0.310.13-0.250.37-0.19-0.02-0.18-0.14-0.06-0.17-0.12-0.310.11-0.15-0.160.220.340.46-0.02-0.38
1.00.910.891.00.740.970.680.970.360.850.840.860.850.880.90.970.980.89-0.150.930.470.7-0.510.90.84
0.940.820.990.930.780.880.740.90.380.920.920.960.950.970.990.930.910.92-0.160.930.580.73-0.560.960.94
0.480.210.620.460.690.290.880.320.260.390.640.740.60.650.60.540.370.520.220.470.580.56-0.60.540.44
0.740.440.710.710.940.590.730.680.870.610.810.680.660.850.720.780.630.790.340.70.730.56-0.150.810.64
-0.51-0.45-0.6-0.51-0.23-0.47-0.72-0.440.15-0.45-0.55-0.69-0.47-0.5-0.6-0.52-0.51-0.380.46-0.51-0.56-0.6-0.15-0.48-0.47
0.910.730.940.910.850.840.750.90.50.880.970.910.90.960.960.930.870.95-0.020.90.960.540.81-0.480.87
0.860.840.950.850.650.850.560.870.360.890.830.90.930.920.930.840.880.78-0.380.840.940.440.64-0.470.87
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WuXi AppTec Account Relationship Matchups

WuXi AppTec fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.2B46.3B55.1B64.7B73.7B77.4B
Other Current Liab1.3B2.0B3.7B6.8B7.8B8.2B
Total Current Liabilities6.6B7.9B13.0B14.5B14.8B8.2B
Total Stockholder Equity17.3B32.5B38.5B46.6B55.1B57.9B
Other Liab1.5B2.8B1.8B1.5B1.7B1.2B
Retained Earnings5.9B8.3B12.5B19.8B25.8B27.1B
Accounts Payable1.5B2.4B4.2B1.7B1.6B1.6B
Other Assets1.6B1.7B2.0B3.3B3.8B4.0B
Long Term Debt2.6B1.8B607.1M781.1M687.0M985.6M
Net Receivables3.4B3.7B4.6B6.0B7.9B4.0B
Good Will1.4B1.4B1.9B1.8B1.8B1.2B
Inventory1.7B2.7B5.9B5.7B4.7B2.6B
Other Current Assets628.9M1.3B1.5B3.1B1.9B1.1B
Total Liab11.8B13.6B16.4B17.8B18.2B10.8B
Intangible Assets918.0M997.7M1.6B1.8B1.9B1.0B
Common Stock1.7B2.4B3.0B3.0B3.4B3.6B
Property Plant Equipment7.9B10.3B16.1B23.6B27.1B28.5B
Cash5.2B10.2B8.2B8.0B13.8B7.0B
Short Term Investments1.7B4.6B527.3M2M11.0M10.5M
Net Tangible Assets15.0B30.1B35.0B43.0B49.4B51.9B
Non Current Assets Total16.6B23.2B33.1B40.7B43.2B24.7B
Non Currrent Assets Other50.3M1.4B2.2B1.0B98.2M93.2M
Non Current Liabilities Total5.2B5.7B3.4B3.3B3.4B3.2B
Other Stockholder Equity156.2M236.9M(271.4M)24.0M21.6M20.5M
Deferred Long Term Liab1.3B1.4B1.5B1.8B2.1B1.2B
Short Long Term Debt1.6B1.2B2.3B3.9B3.7B2.0B
Total Current Assets12.7B23.1B22.0B24.0B30.4B18.6B
Non Current Liabilities Other554.6M1.8B664.5M148.0M(2.0B)(1.9B)
Common Stock Shares Outstanding2.8B2.9B3.0B3.0B3.0B3.1B
Net Invested Capital21.6B35.5B41.4B51.2B59.5B36.9B
Net Working Capital6.0B15.1B9.0B9.5B15.7B10.1B
Capital Stock1.7B2.4B3.0B3.0B3.0B2.6B

Currently Active Assets on Macroaxis

Other Information on Investing in WuXi Stock

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