Sichuan Property Plant Equipment vs Net Receivables Analysis

002466 Stock   32.42  1.01  3.02%   
Sichuan Tianqi financial indicator trend analysis is much more than just breaking down Sichuan Tianqi Lithium prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Tianqi Lithium is a good investment. Please check the relationship between Sichuan Tianqi Property Plant Equipment and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Tianqi Lithium. 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 Net Receivables

Property Plant Equipment vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Tianqi Lithium Property Plant Equipment account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sichuan Tianqi's Property Plant Equipment and Net Receivables is 0.66. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Sichuan Tianqi Lithium, assuming nothing else is changed. The correlation between historical values of Sichuan Tianqi's Property Plant Equipment and Net Receivables 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 Sichuan Tianqi Lithium are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant Equipment i.e., Sichuan Tianqi's Property Plant Equipment and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Net Receivables

Most indicators from Sichuan Tianqi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Tianqi Lithium 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 Tianqi Lithium. 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 350.3 M. The current year's Tax Provision is expected to grow to about 12.8 B
 2022 2023 2024 2025 (projected)
Operating Income33.7B33.8B38.9B40.9B
Total Revenue40.4B40.5B46.6B48.9B

Sichuan Tianqi fundamental ratios Correlations

0.080.450.910.940.850.980.880.180.830.910.830.64-0.120.90.950.59-0.470.920.62-0.10.930.210.890.740.81
0.080.6-0.220.34-0.36-0.05-0.210.33-0.26-0.19-0.260.520.630.350.340.27-0.370.18-0.230.030.310.7-0.190.460.41
0.450.60.10.62-0.040.380.150.760.050.180.040.850.460.640.70.4-0.280.240.02-0.120.660.840.120.670.68
0.91-0.220.10.790.990.940.95-0.140.930.980.940.27-0.410.710.750.3-0.370.870.71-0.030.71-0.20.970.480.56
0.940.340.620.790.690.890.780.320.710.810.70.70.090.960.970.49-0.640.860.520.030.910.370.780.810.85
0.85-0.36-0.040.990.690.890.94-0.210.930.960.940.17-0.480.620.650.27-0.320.820.71-0.010.62-0.310.960.390.47
0.98-0.050.380.940.890.890.940.130.890.930.840.56-0.210.860.90.51-0.390.890.63-0.060.880.110.940.690.75
0.88-0.210.150.950.780.940.94-0.060.970.910.830.31-0.330.750.740.31-0.380.860.610.150.68-0.130.990.580.59
0.180.330.76-0.140.32-0.210.13-0.06-0.12-0.04-0.160.670.660.430.370.37-0.32-0.05-0.09-0.050.360.79-0.130.420.46
0.83-0.260.050.930.710.930.890.97-0.120.850.770.22-0.370.660.660.27-0.40.80.540.040.62-0.230.980.480.55
0.91-0.190.180.980.810.960.930.91-0.040.850.980.31-0.360.730.780.29-0.350.830.76-0.060.73-0.130.930.460.56
0.83-0.260.040.940.70.940.840.83-0.160.770.980.18-0.430.610.670.22-0.30.780.8-0.050.63-0.240.860.330.44
0.640.520.850.270.70.170.560.310.670.220.310.180.460.770.790.82-0.390.510.12-0.190.840.830.270.850.88
-0.120.630.46-0.410.09-0.48-0.21-0.330.66-0.37-0.36-0.430.460.220.080.33-0.44-0.1-0.320.190.070.72-0.40.330.28
0.90.350.640.710.960.620.860.750.430.660.730.610.770.220.940.62-0.650.850.460.10.90.520.720.870.92
0.950.340.70.750.970.650.90.740.370.660.780.670.790.080.940.59-0.50.840.49-0.10.970.450.740.830.87
0.590.270.40.30.490.270.510.310.370.270.290.220.820.330.620.59-0.340.580.15-0.210.740.580.280.730.75
-0.47-0.37-0.28-0.37-0.64-0.32-0.39-0.38-0.32-0.4-0.35-0.3-0.39-0.44-0.65-0.5-0.34-0.55-0.19-0.33-0.43-0.28-0.37-0.57-0.58
0.920.180.240.870.860.820.890.86-0.050.80.830.780.51-0.10.850.840.58-0.550.570.10.830.110.860.750.74
0.62-0.230.020.710.520.710.630.61-0.090.540.760.80.12-0.320.460.490.15-0.190.570.010.46-0.170.620.130.3
-0.10.03-0.12-0.030.03-0.01-0.060.15-0.050.04-0.06-0.05-0.190.190.1-0.1-0.21-0.330.10.01-0.23-0.070.050.21-0.09
0.930.310.660.710.910.620.880.680.360.620.730.630.840.070.90.970.74-0.430.830.46-0.230.480.690.830.89
0.210.70.84-0.20.37-0.310.11-0.130.79-0.23-0.13-0.240.830.720.520.450.58-0.280.11-0.17-0.070.48-0.180.60.62
0.89-0.190.120.970.780.960.940.99-0.130.980.930.860.27-0.40.720.740.28-0.370.860.620.050.69-0.180.530.58
0.740.460.670.480.810.390.690.580.420.480.460.330.850.330.870.830.73-0.570.750.130.210.830.60.530.87
0.810.410.680.560.850.470.750.590.460.550.560.440.880.280.920.870.75-0.580.740.3-0.090.890.620.580.87
Click cells to compare fundamentals

Sichuan Tianqi Account Relationship Matchups

Sichuan Tianqi fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets42.0B44.2B70.8B73.2B84.2B88.4B
Other Current Liab1.3B2.8B185.3M40.4M46.5M44.1M
Total Current Liabilities26.8B13.8B7.6B6.7B7.7B5.9B
Total Stockholder Equity5.2B12.8B48.5B51.5B59.2B62.2B
Other Liab655.9M986.4M1.5B1.4B1.6B1.7B
Retained Earnings(2.3B)(255.2M)23.0B25.4B29.2B30.7B
Accounts Payable1.0B1.0B2.7B2.5B2.9B3.0B
Cash994.1M2.0B12.5B9.6B11.0B11.6B
Other Assets508.1M896.6M959.9M213.0M244.9M346.4M
Net Receivables232.7M648.0M7.4B4.3B5.0B5.2B
Inventory851.0M871.8M2.1B3.2B3.6B3.8B
Other Current Assets41.1M316.2M737.7M2.1B2.5B2.6B
Total Liab34.6B26.0B17.8B19.0B21.8B12.1B
Intangible Assets3.3B3.1B202.1M308.3M354.5M336.8M
Property Plant Equipment6.4B10.5B11.0B10.7B12.3B12.9B
Long Term Debt6.3B10.6B8.3B9.5B11.0B6.6B
Short Term Investments13.6M47.9M4.1M14.8M13.3M13.9M
Net Tangible Assets6.7B3.4B1.5B9.2B10.6B11.2B
Other Stockholder Equity(875.1M)(789.0M)(710.6M)(749.1M)(674.2M)(707.9M)
Short Long Term Debt2.7B2.2B98.9M337.4M388.0M368.6M
Total Current Assets2.9B6.5B26.0B19.6B22.6B23.7B
Non Current Assets Total39.2B37.7B44.9B53.6B61.6B37.6B
Non Currrent Assets Other70.3M92.9M76.8M62.0M55.8M98.8M
Non Current Liabilities Total7.8B12.3B10.2B12.3B14.2B12.8B
Non Current Liabilities Other408.6M340.5M259.9M324.0M372.6M298.3M
Net Invested Capital14.3B25.6B56.9B61.4B70.6B37.1B
Net Working Capital(24.0B)(7.3B)18.4B13.0B14.9B15.7B
Net Debt13.1B8.1B10.8B293.6M264.2M251.0M
Property Plant And Equipment Net11.0B10.7B15.5B21.2B24.3B15.1B
Property Plant And Equipment Gross12.5B12.4B18.2B24.7B28.4B17.5B

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Other Information on Investing in Sichuan Stock

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