Lianhe Other Liab vs Intangible Assets Analysis

002250 Stock   6.00  0.18  2.91%   
Lianhe Chemical financial indicator trend analysis is infinitely more than just investigating Lianhe Chemical Tech recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lianhe Chemical Tech is a good investment. Please check the relationship between Lianhe Chemical Other Liab and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lianhe Chemical 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 Intangible Assets

Other Liab vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lianhe Chemical Tech Other Liab account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lianhe Chemical's Other Liab and Intangible Assets is 0.75. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Lianhe Chemical Technology, assuming nothing else is changed. The correlation between historical values of Lianhe Chemical's Other Liab and Intangible 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 Lianhe Chemical Technology are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Other Liab i.e., Lianhe Chemical's Other Liab and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Lianhe Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lianhe Chemical Tech 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 Lianhe Chemical 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 324.4 M, whereas Tax Provision is forecasted to decline to about 26.1 M.
 2021 2022 2023 2024 (projected)
Operating Income638.5M843.5M67.5M64.1M
Total Revenue6.6B7.9B6.4B3.8B

Lianhe Chemical fundamental ratios Correlations

-0.040.830.840.90.810.890.430.680.690.790.980.650.970.870.720.970.030.90.810.91-0.780.920.50.750.33
-0.040.220.26-0.240.350.060.260.01-0.420.4-0.13-0.03-0.110.150.31-0.210.23-0.2-0.450.0-0.07-0.140.06-0.45-0.11
0.830.220.820.750.790.920.310.390.290.820.840.660.830.720.650.74-0.050.830.550.93-0.740.870.270.410.22
0.840.260.820.620.980.70.680.630.340.940.760.380.710.790.940.720.310.780.670.76-0.780.740.590.370.1
0.9-0.240.750.620.560.850.140.470.680.560.950.610.940.750.470.92-0.230.890.780.87-0.690.910.410.810.57
0.810.350.790.980.560.680.610.570.290.940.720.390.680.810.930.690.240.690.590.71-0.670.670.50.310.11
0.890.060.920.70.850.680.130.490.520.660.920.740.930.770.510.85-0.220.830.610.93-0.680.920.270.630.45
0.430.260.310.680.140.610.130.640.110.670.29-0.030.240.350.720.280.830.330.340.3-0.660.250.680.05-0.37
0.680.010.390.630.470.570.490.640.650.540.590.330.60.560.550.610.540.610.610.58-0.730.620.840.630.16
0.69-0.420.290.340.680.290.520.110.650.250.70.590.740.530.310.8-0.140.650.730.54-0.360.670.410.970.49
0.790.40.820.940.560.940.660.670.540.250.70.40.680.720.890.660.330.680.530.73-0.730.660.460.270.0
0.98-0.130.840.760.950.720.920.290.590.70.70.710.990.830.610.97-0.10.920.820.94-0.750.950.430.790.41
0.65-0.030.660.380.610.390.74-0.030.330.590.40.710.740.370.210.65-0.280.620.410.75-0.370.720.10.620.33
0.97-0.110.830.710.940.680.930.240.60.740.680.990.740.810.570.97-0.130.910.780.93-0.720.960.390.820.43
0.870.150.720.790.750.810.770.350.560.530.720.830.370.810.760.84-0.040.730.670.72-0.620.750.410.590.34
0.720.310.650.940.470.930.510.720.550.310.890.610.210.570.760.630.310.620.590.55-0.60.560.510.280.03
0.97-0.210.740.720.920.690.850.280.610.80.660.970.650.970.840.63-0.120.890.860.85-0.660.90.390.850.39
0.030.23-0.050.31-0.230.24-0.220.830.54-0.140.33-0.1-0.28-0.13-0.040.31-0.120.00.060.0-0.47-0.080.61-0.2-0.58
0.9-0.20.830.780.890.690.830.330.610.650.680.920.620.910.730.620.890.00.890.93-0.780.970.520.760.34
0.81-0.450.550.670.780.590.610.340.610.730.530.820.410.780.670.590.860.060.890.71-0.620.810.50.790.23
0.910.00.930.760.870.710.930.30.580.540.730.940.750.930.720.550.850.00.930.71-0.820.970.440.660.32
-0.78-0.07-0.74-0.78-0.69-0.67-0.68-0.66-0.73-0.36-0.73-0.75-0.37-0.72-0.62-0.6-0.66-0.47-0.78-0.62-0.82-0.78-0.73-0.46-0.06
0.92-0.140.870.740.910.670.920.250.620.670.660.950.720.960.750.560.9-0.080.970.810.97-0.780.470.780.42
0.50.060.270.590.410.50.270.680.840.410.460.430.10.390.410.510.390.610.520.50.44-0.730.470.430.22
0.75-0.450.410.370.810.310.630.050.630.970.270.790.620.820.590.280.85-0.20.760.790.66-0.460.780.430.56
0.33-0.110.220.10.570.110.45-0.370.160.490.00.410.330.430.340.030.39-0.580.340.230.32-0.060.420.220.56
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Lianhe Chemical Account Relationship Matchups

Lianhe Chemical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.6B10.4B12.6B15.0B13.9B14.6B
Other Current Liab322.7M295.0M330.0M483.2M9.3M8.8M
Total Current Liabilities2.7B3.1B5.0B5.6B3.7B2.0B
Total Stockholder Equity5.9B6.0B6.3B7.0B6.4B3.7B
Other Liab497.8M512.5M563.6M614.5M706.7M742.0M
Retained Earnings2.8B2.9B3.2B3.8B2.9B1.9B
Accounts Payable719.3M1.7B2.7B2.9B1.8B1.9B
Cash970.3M635.6M561.0M583.2M651.4M516.9M
Other Assets163.1M179.9M197.9M259.2M298.1M313.0M
Long Term Debt496.5M646.9M679.4M1.5B2.8B2.9B
Net Receivables1.3B871.2M1.3B1.5B1.1B772.0M
Inventory1.6B1.9B2.3B2.9B2.6B2.8B
Other Current Assets85.7M100.0M182.5M650.6M308.8M324.2M
Total Liab3.6B4.3B6.3B7.8B7.1B7.5B
Intangible Assets293.9M506.3M512.3M508.7M493.0M517.7M
Property Plant Equipment4.5B5.4B6.7B7.8B8.9B9.4B
Good Will627.9M524.0M330.5M50.0M5.3M5.0M
Net Tangible Assets5.3B5.5B5.8B6.4B7.4B5.5B
Total Current Assets4.0B4.0B5.2B6.4B5.2B4.4B
Non Current Assets Total5.6B6.4B7.5B8.6B8.7B7.0B
Non Currrent Assets Other349.9M324.3M79.4M193.2M267.3M189.6M
Non Current Liabilities Total986.6M1.2B1.3B2.2B3.5B3.7B
Other Stockholder Equity2.9M6.8M5.0M4.8M5.5M5.8M
Short Long Term Debt1.4B666.5M1.7B1.7B804.1M1.0B
Net Invested Capital7.6B7.3B8.6B10.2B10.0B9.1B
Net Working Capital1.4B873.9M125.6M762.8M1.5B838.6M

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Other Information on Investing in Lianhe Stock

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