Sichuan Other Liab vs Net Tangible Assets 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 Other Liab and its Net Tangible Assets 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.

Other Liab vs Net Tangible Assets

Other Liab vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Furong Technology Other Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Sichuan Furong's Other Liab and Net Tangible Assets is -0.95. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Net Tangible Assets 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 Other Liab and Net Tangible Assets 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 Liab of Sichuan Furong Technology are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Other Liab i.e., Sichuan Furong's Other Liab and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Liab

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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

Currently Active Assets on Macroaxis

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.