Sichuan Non Current Liabilities Total vs Total Stockholder Equity Analysis

603327 Stock   13.60  0.48  3.41%   
Sichuan Furong financial indicator trend analysis is much more than just breaking down Sichuan Furong Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Furong Technology is a good investment. Please check the relationship between Sichuan Furong Non Current Liabilities Total and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Furong Technology. 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 Current Liabilities Total vs Total Stockholder Equity

Non Current Liabilities Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Furong Technology Non Current Liabilities Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sichuan Furong's Non Current Liabilities Total and Total Stockholder Equity is 0.47. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Sichuan Furong Technology, assuming nothing else is changed. The correlation between historical values of Sichuan Furong's Non Current Liabilities Total and Total Stockholder Equity 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 Current Liabilities Total of Sichuan Furong Technology are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Sichuan Furong's Non Current Liabilities Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Liabilities Total

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Sichuan Furong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Furong Technology 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 Furong Technology. 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 66 M, whereas Tax Provision is forecasted to decline to about 47.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit455.7M513.8M388.4M421.7M
Total Revenue1.9B2.3B1.9B1.6B

Sichuan Furong fundamental ratios Correlations

-0.67-0.40.92-0.790.90.90.590.870.830.52-0.710.690.650.670.890.560.890.43-0.850.950.820.950.95-0.840.95
-0.670.32-0.650.52-0.6-0.67-0.38-0.74-0.7-0.610.82-0.55-0.54-0.54-0.41-0.47-0.68-0.390.49-0.62-0.71-0.6-0.670.57-0.66
-0.40.32-0.70.81-0.73-0.720.18-0.32-0.25-0.480.35-0.11-0.85-0.07-0.48-0.34-0.720.310.7-0.63-0.13-0.58-0.610.79-0.15
0.92-0.65-0.7-0.940.990.990.330.770.70.67-0.680.490.870.470.840.550.980.14-0.930.990.690.940.96-0.970.8
-0.790.520.81-0.94-0.95-0.92-0.14-0.66-0.54-0.690.46-0.36-0.84-0.32-0.7-0.66-0.920.030.86-0.93-0.5-0.89-0.840.99-0.61
0.9-0.6-0.730.99-0.950.990.240.70.630.64-0.630.420.860.40.840.570.990.05-0.90.980.60.930.96-0.980.76
0.9-0.67-0.720.99-0.920.990.290.740.680.67-0.710.460.890.440.830.50.990.1-0.920.970.660.910.97-0.960.78
0.59-0.380.180.33-0.140.240.290.790.870.06-0.540.910.10.920.540.190.230.94-0.490.420.850.520.41-0.20.7
0.87-0.74-0.320.77-0.660.70.740.790.980.52-0.720.880.520.870.70.530.70.7-0.780.810.940.860.78-0.690.86
0.83-0.7-0.250.7-0.540.630.680.870.980.39-0.760.940.480.930.730.410.640.79-0.760.750.950.810.75-0.590.84
0.52-0.61-0.480.67-0.690.640.670.060.520.39-0.350.110.590.090.220.30.66-0.1-0.550.590.520.490.53-0.690.52
-0.710.820.35-0.680.46-0.63-0.71-0.54-0.72-0.76-0.35-0.61-0.69-0.61-0.67-0.27-0.7-0.440.66-0.66-0.77-0.63-0.760.55-0.71
0.69-0.55-0.110.49-0.360.420.460.910.880.940.11-0.610.251.00.640.410.430.91-0.590.580.820.70.58-0.40.69
0.65-0.54-0.850.87-0.840.860.890.10.520.480.59-0.690.250.220.680.390.87-0.12-0.860.80.470.710.79-0.870.5
0.67-0.54-0.070.47-0.320.40.440.920.870.930.09-0.611.00.220.630.360.40.92-0.580.550.820.680.57-0.360.68
0.89-0.41-0.480.84-0.70.840.830.540.70.730.22-0.670.640.680.630.40.820.36-0.880.890.640.890.91-0.760.79
0.56-0.47-0.340.55-0.660.570.50.190.530.410.3-0.270.410.390.360.40.530.19-0.380.620.330.680.46-0.640.45
0.89-0.68-0.720.98-0.920.990.990.230.70.640.66-0.70.430.870.40.820.530.06-0.880.960.610.90.97-0.960.76
0.43-0.390.310.140.030.050.10.940.70.79-0.1-0.440.91-0.120.920.360.190.06-0.260.240.720.380.26-0.010.54
-0.850.490.7-0.930.86-0.9-0.92-0.49-0.78-0.76-0.550.66-0.59-0.86-0.58-0.88-0.38-0.88-0.26-0.92-0.72-0.89-0.890.89-0.74
0.95-0.62-0.630.99-0.930.980.970.420.810.750.59-0.660.580.80.550.890.620.960.24-0.920.710.980.96-0.960.84
0.82-0.71-0.130.69-0.50.60.660.850.940.950.52-0.770.820.470.820.640.330.610.72-0.720.710.720.71-0.550.9
0.95-0.6-0.580.94-0.890.930.910.520.860.810.49-0.630.70.710.680.890.680.90.38-0.890.980.720.93-0.910.83
0.95-0.67-0.610.96-0.840.960.970.410.780.750.53-0.760.580.790.570.910.460.970.26-0.890.960.710.93-0.890.84
-0.840.570.79-0.970.99-0.98-0.96-0.2-0.69-0.59-0.690.55-0.4-0.87-0.36-0.76-0.64-0.96-0.010.89-0.96-0.55-0.91-0.89-0.68
0.95-0.66-0.150.8-0.610.760.780.70.860.840.52-0.710.690.50.680.790.450.760.54-0.740.840.90.830.84-0.68
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Sichuan Furong Account Relationship Matchups

Sichuan Furong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.7B1.8B2.4B3.3B2.0B
Other Current Liab34.0M66.4M45.3M7.2M5.0M4.7M
Total Current Liabilities327.4M195.4M136.1M440.7M490.8M310.9M
Total Stockholder Equity1.3B1.5B1.6B1.9B2.0B1.4B
Other Liab22.0M4.8M5.1M8.1M7.3M11.7M
Net Tangible Assets633.0M1.2B1.4B1.6B1.8B1.1B
Retained Earnings492.3M710.1M859.0M927.2M970.9M610.0M
Accounts Payable29.4M26.1M32.8M214.5M384.4M403.6M
Cash254.8M224.8M130.8M465.6M650.9M683.5M
Non Current Assets Total555.1M637.5M631.3M1.2B1.8B1.9B
Other Assets28.0M45.2M52.3M14.3M12.8M12.2M
Net Receivables400.7M395.2M554.5M477.0M388.7M431.8M
Non Current Liabilities Total4.8M43.1M13.1M120.2M829.2M870.6M
Inventory178.6M245.6M321.2M252.1M393.8M256.4M
Other Current Assets115.0M9.4M27.2M19.3M76.2M38.8M
Other Stockholder Equity13.1M16.9M21.1M25.5M29.3M16.3M
Total Liab332.2M238.5M149.2M560.9M1.3B1.4B
Short Long Term Debt346M235M67M15M26.0M0.0
Total Current Assets1.0B1.1B1.2B1.2B1.5B1.1B
Intangible Assets50.0M48.8M47.6M249.2M244.2M256.4M
Property Plant Equipment447.6M459.9M536.4M569.5M654.9M526.1M
Net Invested Capital1.5B1.6B1.7B2.0B2.8B1.8B
Net Working Capital721.9M899.8M1.0B806.4M1.1B747.8M

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Other Information on Investing in Sichuan Stock

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