Lianhe Property Plant Equipment vs Good Will Analysis

002250 Stock   5.76  0.52  9.92%   
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 Property Plant Equipment and its Good Will 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.

Property Plant Equipment vs Good Will

Property Plant Equipment vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lianhe Chemical Tech Property Plant Equipment account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lianhe Chemical's Property Plant Equipment and Good Will is -0.16. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Good Will 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 Property Plant Equipment and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Lianhe Chemical Technology are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Property Plant Equipment i.e., Lianhe Chemical's Property Plant Equipment and Good Will go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant Equipment

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 30 M.
 2022 2023 2024 2025 (projected)
Operating Income843.5M67.5M77.6M73.7M
Total Revenue7.9B6.4B7.4B3.8B

Lianhe Chemical fundamental ratios Correlations

-0.230.920.810.920.770.890.410.690.780.760.990.70.980.890.690.99-0.040.910.840.9-0.770.910.490.820.37
-0.23-0.080.07-0.330.2-0.080.18-0.06-0.560.25-0.3-0.17-0.3-0.040.22-0.30.27-0.31-0.45-0.170.04-0.330.0-0.58-0.16
0.92-0.080.760.90.730.970.280.50.560.760.940.750.930.810.590.91-0.140.880.70.94-0.770.880.310.640.33
0.810.070.760.670.970.70.680.650.430.940.750.430.710.780.940.760.230.830.720.8-0.780.770.60.450.15
0.92-0.330.90.670.610.880.180.490.720.60.960.670.950.80.490.93-0.260.90.770.89-0.710.90.420.810.59
0.770.20.730.970.610.690.620.60.350.940.710.420.670.80.940.720.190.740.650.73-0.680.690.520.370.15
0.89-0.080.970.70.880.690.150.520.60.660.920.770.920.80.520.89-0.250.850.660.92-0.690.880.30.680.48
0.410.180.280.680.180.620.150.650.150.680.290.00.250.360.730.310.80.370.40.33-0.660.280.690.1-0.34
0.69-0.060.50.650.490.60.520.650.630.570.610.380.620.590.560.620.50.620.610.6-0.740.610.840.610.18
0.78-0.560.560.430.720.350.60.150.630.310.780.650.820.630.330.82-0.190.70.710.62-0.410.750.40.980.49
0.760.250.760.940.60.940.660.680.570.310.690.430.660.710.90.70.280.730.60.75-0.740.670.480.330.04
0.99-0.30.940.750.960.710.920.290.610.780.690.750.990.860.590.99-0.160.930.840.92-0.730.930.430.850.44
0.7-0.170.750.430.670.420.770.00.380.650.430.750.770.460.240.71-0.310.670.480.77-0.410.730.140.670.37
0.98-0.30.930.710.950.670.920.250.620.820.660.990.770.840.550.98-0.180.910.80.92-0.710.930.40.870.45
0.89-0.040.810.780.80.80.80.360.590.630.710.860.460.840.740.88-0.090.770.730.74-0.640.760.420.670.38
0.690.220.590.940.490.940.520.730.560.330.90.590.240.550.740.640.280.630.590.58-0.610.570.510.30.05
0.99-0.30.910.760.930.720.890.310.620.820.70.990.710.980.880.64-0.160.90.840.88-0.690.90.410.860.42
-0.040.27-0.140.23-0.260.19-0.250.80.5-0.190.28-0.16-0.31-0.18-0.090.28-0.16-0.040.05-0.06-0.42-0.140.58-0.24-0.59
0.91-0.310.880.830.90.740.850.370.620.70.730.930.670.910.770.630.9-0.040.860.97-0.80.990.530.770.37
0.84-0.450.70.720.770.650.660.40.610.710.60.840.480.80.730.590.840.050.860.75-0.620.810.480.760.24
0.9-0.170.940.80.890.730.920.330.60.620.750.920.770.920.740.580.88-0.060.970.75-0.820.970.460.710.36
-0.770.04-0.77-0.78-0.71-0.68-0.69-0.66-0.74-0.41-0.74-0.73-0.41-0.71-0.64-0.61-0.69-0.42-0.8-0.62-0.82-0.75-0.74-0.48-0.1
0.91-0.330.880.770.90.690.880.280.610.750.670.930.730.930.760.570.9-0.140.990.810.97-0.750.470.820.44
0.490.00.310.60.420.520.30.690.840.40.480.430.140.40.420.510.410.580.530.480.46-0.740.470.420.23
0.82-0.580.640.450.810.370.680.10.610.980.330.850.670.870.670.30.86-0.240.770.760.71-0.480.820.420.54
0.37-0.160.330.150.590.150.48-0.340.180.490.040.440.370.450.380.050.42-0.590.370.240.36-0.10.440.230.54
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Lianhe Chemical Account Relationship Matchups

Lianhe Chemical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets10.4B12.6B15.0B13.9B16.0B16.8B
Other Current Liab295.0M330.0M483.2M9.3M10.7M10.1M
Total Current Liabilities3.1B5.0B5.6B3.7B4.2B4.4B
Total Stockholder Equity6.0B6.3B7.0B6.4B7.4B3.7B
Other Liab497.8M512.5M563.6M614.5M706.7M742.0M
Retained Earnings2.9B3.2B3.8B2.9B3.3B1.9B
Accounts Payable1.7B2.7B2.9B1.8B2.0B2.1B
Cash635.6M561.0M583.2M651.4M749.1M516.9M
Other Assets163.1M179.9M197.9M259.2M298.1M313.0M
Long Term Debt646.9M679.4M1.5B2.8B3.2B3.4B
Net Receivables871.2M1.3B1.5B1.1B1.3B772.0M
Inventory1.9B2.3B2.9B2.6B3.0B3.2B
Other Current Assets100.0M182.5M650.6M308.8M355.1M372.8M
Total Liab4.3B6.3B7.8B7.1B8.2B8.6B
Intangible Assets506.3M512.3M508.7M493.0M567.0M595.3M
Property Plant Equipment4.5B5.4B6.7B7.8B8.9B9.4B
Net Tangible Assets5.3B5.5B5.8B6.4B7.4B5.5B
Total Current Assets4.0B5.2B6.4B5.2B5.9B4.4B
Non Current Assets Total6.4B7.5B8.6B8.7B10.1B7.0B
Non Currrent Assets Other324.3M79.4M193.2M267.3M240.6M189.6M
Non Current Liabilities Total1.2B1.3B2.2B3.5B4.0B4.2B
Other Stockholder Equity2.9M6.8M5.0M4.8M5.5M5.8M
Short Long Term Debt666.5M1.7B1.7B804.1M924.7M1.0B
Non Current Liabilities Other411.9M458.2M506.4M548.8M631.2M368.2M
Net Debt677.8M1.8B2.6B2.9B3.4B3.5B
Net Invested Capital7.3B8.6B10.2B10.0B11.5B9.1B
Net Working Capital873.9M125.6M762.8M1.5B1.3B838.6M
Property Plant And Equipment Net5.4B6.7B7.8B7.7B8.9B7.1B
Property Plant And Equipment Gross7.9B9.7B7.8B12.2B14.1B9.8B

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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.