Changchun Total Other Income Expense Net vs Reconciled Depreciation Analysis

000661 Stock   96.75  0.81  0.83%   
Changchun High financial indicator trend analysis is way more than just evaluating Changchun High New prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changchun High New is a good investment. Please check the relationship between Changchun High Total Other Income Expense Net and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changchun High New. 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.

Total Other Income Expense Net vs Reconciled Depreciation

Total Other Income Expense Net vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changchun High New Total Other Income Expense Net account and Reconciled Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Changchun High's Total Other Income Expense Net and Reconciled Depreciation is -0.51. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Changchun High New, assuming nothing else is changed. The correlation between historical values of Changchun High's Total Other Income Expense Net and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Changchun High New are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Total Other Income Expense Net i.e., Changchun High's Total Other Income Expense Net and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Other Income Expense Net

Reconciled Depreciation

Most indicators from Changchun High's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changchun High New 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 Changchun High New. 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 3.7 B, whereas Tax Provision is forecasted to decline to about 528.1 M.
 2022 2023 2024 2025 (projected)
Operating Income5.1B5.8B6.7B7.1B
Total Revenue12.6B14.6B16.8B17.6B

Changchun High fundamental ratios Correlations

0.820.981.00.991.00.670.810.420.981.00.990.970.22-0.970.990.990.990.990.980.990.770.90.960.02-0.16
0.820.840.830.850.830.470.450.530.780.820.810.69-0.26-0.780.830.80.80.80.80.790.620.790.680.06-0.1
0.980.840.970.940.950.670.790.460.990.980.930.930.28-0.960.940.950.970.970.970.970.850.90.930.07-0.03
1.00.830.970.991.00.650.790.430.960.990.990.960.19-0.971.00.990.990.990.970.990.750.910.960.03-0.18
0.990.850.940.990.990.570.720.420.930.970.990.940.09-0.941.00.990.980.980.940.960.670.920.920.04-0.25
1.00.830.951.00.990.640.790.390.950.991.00.960.16-0.961.00.990.990.990.970.980.710.90.950.01-0.21
0.670.470.670.650.570.640.91-0.010.760.690.590.70.48-0.70.610.620.650.650.770.710.710.410.73-0.030.04
0.810.450.790.790.720.790.910.080.870.820.760.870.62-0.830.760.790.810.810.870.850.760.580.89-0.07-0.04
0.420.530.460.430.420.39-0.010.080.390.440.390.26-0.07-0.390.40.390.40.390.340.390.590.380.32-0.250.01
0.980.780.990.960.930.950.760.870.390.990.930.950.37-0.970.940.950.970.970.990.980.860.860.950.04-0.03
1.00.820.980.990.970.990.690.820.440.990.970.960.26-0.970.980.980.990.990.980.990.80.90.960.02-0.12
0.990.810.930.990.991.00.590.760.390.930.970.960.14-0.941.00.990.980.980.950.970.660.90.95-0.02-0.22
0.970.690.930.960.940.960.70.870.260.950.960.960.34-0.930.960.950.970.960.970.960.70.890.990.04-0.09
0.22-0.260.280.190.090.160.480.62-0.070.370.260.140.34-0.30.130.20.250.250.30.280.520.070.39-0.090.26
-0.97-0.78-0.96-0.97-0.94-0.96-0.7-0.83-0.39-0.97-0.97-0.94-0.93-0.3-0.95-0.96-0.98-0.98-0.96-0.96-0.8-0.86-0.92-0.080.18
0.990.830.941.01.01.00.610.760.40.940.981.00.960.13-0.950.990.990.980.960.970.680.910.940.03-0.22
0.990.80.950.990.990.990.620.790.390.950.980.990.950.2-0.960.990.990.990.950.980.710.880.940.01-0.24
0.990.80.970.990.980.990.650.810.40.970.990.980.970.25-0.980.990.991.00.970.980.760.920.950.09-0.18
0.990.80.970.990.980.990.650.810.390.970.990.980.960.25-0.980.980.991.00.970.980.760.920.950.1-0.18
0.980.80.970.970.940.970.770.870.340.990.980.950.970.3-0.960.960.950.970.970.970.80.880.970.07-0.06
0.990.790.970.990.960.980.710.850.390.980.990.970.960.28-0.960.970.980.980.980.970.780.850.97-0.07-0.1
0.770.620.850.750.670.710.710.760.590.860.80.660.70.52-0.80.680.710.760.760.80.780.610.76-0.030.15
0.90.790.90.910.920.90.410.580.380.860.90.90.890.07-0.860.910.880.920.920.880.850.610.850.32-0.09
0.960.680.930.960.920.950.730.890.320.950.960.950.990.39-0.920.940.940.950.950.970.970.760.85-0.05-0.03
0.020.060.070.030.040.01-0.03-0.07-0.250.040.02-0.020.04-0.09-0.080.030.010.090.10.07-0.07-0.030.32-0.05-0.14
-0.16-0.1-0.03-0.18-0.25-0.210.04-0.040.01-0.03-0.12-0.22-0.090.260.18-0.22-0.24-0.18-0.18-0.06-0.10.15-0.09-0.03-0.14
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Changchun High Account Relationship Matchups

Changchun High fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets16.8B22.5B26.0B30.7B35.4B37.1B
Other Current Liab556.0M322.8M2.3B2.6B3.0B3.1B
Total Current Liabilities3.5B3.8B3.8B4.8B5.5B5.8B
Total Stockholder Equity10.9B14.6B18.0B22.1B25.4B26.7B
Property Plant And Equipment Net2.7B4.4B5.6B7.7B8.8B9.3B
Non Current Assets Total5.8B8.5B10.7B12.6B14.5B15.2B
Non Currrent Assets Other703.2M840.8M1.3B424.4M488.1M512.5M
Liabilities And Stockholders Equity16.8B22.5B26.0B30.7B35.4B37.1B
Non Current Liabilities Total1.1B1.5B1.4B791.8M910.5M956.0M
Other Current Assets175.5M126.8M175.0M819.2M942.1M989.2M
Total Liab4.5B5.3B5.2B5.6B6.4B6.8B
Total Current Assets11.1B14.0B15.3B18.2B20.9B21.9B
Intangible Assets1.2B1.8B2.2B2.9B3.3B3.5B
Short Long Term Debt Total1.4B1.5B1.4B1.7B2.0B2.1B
Current Deferred Revenue1.9B2.5B548.2M375.1M431.3M479.3M
Net Debt(2.5B)(4.2B)(4.1B)(5.9B)(5.3B)(5.0B)
Retained Earnings6.9B10.0B13.4B17.1B19.7B20.7B
Accounts Payable313.9M623.8M628.5M790.6M909.2M954.7M
Cash4.0B5.7B5.6B7.6B8.7B9.2B
Cash And Short Term Investments4.0B5.7B5.6B7.6B8.7B9.2B
Net Receivables3.9B3.8B4.9B4.8B5.5B5.8B
Inventory3.0B4.4B4.7B5.0B5.7B6.0B
Other Stockholder Equity2.8B3.0B2.7B2.5B2.8B3.0B
Short Term Debt660.4M332.2M318.5M1.0B1.2B1.3B
Short Term Investments10.3M(129.3M)(93.4M)10.0M9.0M9.4M
Other Liab161.5M179.3M274.4M297.1M341.7M358.8M
Long Term Debt779.4M1.2B1.1B626.6M720.6M756.6M
Property Plant Equipment1.7B2.4B2.7B4.4B5.0B5.3B
Net Tangible Assets5.1B7.8B9.9B13.1B15.1B15.8B
Deferred Long Term Liab152.4M191.8M231.0M452.5M520.3M546.4M
Short Long Term Debt660M80M89M144.5M166.1M258.6M
Net Invested Capital12.4B15.8B19.2B22.8B26.3B14.0B
Net Working Capital7.6B10.3B11.5B13.4B15.4B8.7B

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Other Information on Investing in Changchun Stock

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