SuZhou Depreciation vs Change To Inventory Analysis

002547 Stock   4.21  0.18  4.10%   
SuZhou ChunXing financial indicator trend analysis is much more than just breaking down SuZhou ChunXing Precision prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SuZhou ChunXing Precision is a good investment. Please check the relationship between SuZhou ChunXing Depreciation and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SuZhou ChunXing Precision. 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.

Depreciation vs Change To Inventory

Depreciation vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SuZhou ChunXing Precision Depreciation account and Change To Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between SuZhou ChunXing's Depreciation and Change To Inventory is 0.42. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of SuZhou ChunXing Precision, assuming nothing else is changed. The correlation between historical values of SuZhou ChunXing's Depreciation and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of SuZhou ChunXing Precision are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Depreciation i.e., SuZhou ChunXing's Depreciation and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Depreciation

Depreciation indicates how much of SuZhou ChunXing Precision value has been used up. For tax purposes SuZhou ChunXing can deduct the cost of the tangible assets it purchases as business expenses. However, SuZhou ChunXing Precision must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from SuZhou ChunXing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SuZhou ChunXing Precision 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 SuZhou ChunXing Precision. 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.
As of January 13, 2025, Selling General Administrative is expected to decline to about 55.8 M. The current year's Tax Provision is expected to grow to about (31.4 M)
 2022 2023 2024 2025 (projected)
Gross Profit555.7M335.8M386.2M371.1M
Total Revenue2.6B2.3B2.7B2.6B

SuZhou ChunXing fundamental ratios Correlations

0.910.210.990.620.940.730.7-0.210.960.810.960.810.950.760.20.880.830.830.940.970.930.490.870.130.66
0.910.240.950.330.940.70.85-0.460.840.720.980.720.770.850.430.670.650.880.970.780.990.570.90.380.8
0.210.240.25-0.10.18-0.120.12-0.330.270.310.220.30.160.250.310.120.120.260.320.190.20.260.280.380.33
0.990.950.250.50.940.720.75-0.320.960.810.970.810.920.780.30.810.780.860.970.930.960.480.890.220.73
0.620.33-0.10.50.510.540.120.620.530.350.450.360.720.22-0.610.830.80.260.320.720.390.130.34-0.58-0.15
0.940.940.180.940.510.710.77-0.270.850.720.970.720.810.850.290.820.750.790.920.850.950.690.910.250.7
0.730.7-0.120.720.540.710.680.010.580.360.760.360.670.40.00.630.750.540.640.660.750.380.53-0.080.37
0.70.850.120.750.120.770.68-0.50.580.370.830.370.560.690.510.50.460.620.760.540.860.460.720.550.8
-0.21-0.46-0.33-0.320.62-0.270.01-0.5-0.27-0.4-0.36-0.4-0.03-0.53-0.970.180.21-0.54-0.5-0.05-0.38-0.34-0.45-0.88-0.84
0.960.840.270.960.530.850.580.58-0.270.880.880.890.950.710.250.820.760.820.920.960.840.390.840.140.66
0.810.720.310.810.350.720.360.37-0.40.880.731.00.770.690.390.630.540.870.830.820.680.430.740.250.66
0.960.980.220.970.450.970.760.83-0.360.880.730.730.840.840.350.760.730.860.970.850.990.590.910.290.75
0.810.720.30.810.360.720.360.37-0.40.891.00.730.770.70.380.630.540.870.830.820.680.420.740.240.66
0.950.770.160.920.720.810.670.56-0.030.950.770.840.770.60.030.90.830.730.830.980.80.290.73-0.050.49
0.760.850.250.780.220.850.40.69-0.530.710.690.840.70.60.540.530.440.830.830.640.810.730.910.470.78
0.20.430.310.3-0.610.290.00.51-0.970.250.390.350.380.030.54-0.13-0.230.50.480.050.350.440.430.910.85
0.880.670.120.810.830.820.630.50.180.820.630.760.630.90.53-0.130.850.550.690.930.710.40.67-0.110.34
0.830.650.120.780.80.750.750.460.210.760.540.730.540.830.44-0.230.850.460.660.870.70.30.68-0.280.27
0.830.880.260.860.260.790.540.62-0.540.820.870.860.870.730.830.50.550.460.910.740.840.520.790.410.76
0.940.970.320.970.320.920.640.76-0.50.920.830.970.830.830.830.480.690.660.910.840.950.560.910.370.82
0.970.780.190.930.720.850.660.54-0.050.960.820.850.820.980.640.050.930.870.740.840.80.370.77-0.020.52
0.930.990.20.960.390.950.750.86-0.380.840.680.990.680.80.810.350.710.70.840.950.80.540.890.320.75
0.490.570.260.480.130.690.380.46-0.340.390.430.590.420.290.730.440.40.30.520.560.370.540.610.340.51
0.870.90.280.890.340.910.530.72-0.450.840.740.910.740.730.910.430.670.680.790.910.770.890.610.380.79
0.130.380.380.22-0.580.25-0.080.55-0.880.140.250.290.24-0.050.470.91-0.11-0.280.410.37-0.020.320.340.380.77
0.660.80.330.73-0.150.70.370.8-0.840.660.660.750.660.490.780.850.340.270.760.820.520.750.510.790.77
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SuZhou ChunXing Account Relationship Matchups

SuZhou ChunXing fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.1B6.2B5.7B4.9B5.7B4.3B
Short Long Term Debt Total1.8B1.7B1.8B2.0B2.3B1.2B
Other Current Liab5.5M444.3K264.1M8.9M10.3M9.8M
Total Current Liabilities4.0B4.3B3.9B3.5B4.0B2.7B
Total Stockholder Equity1.7B628.6M490.4M243.2M279.6M265.7M
Property Plant And Equipment Net1.4B1.7B1.5B1.7B2.0B1.2B
Current Deferred Revenue133.1M254.7M2.1M144.2M165.8M130.7M
Net Debt960.2M767.9M868.6M1.4B1.6B1.7B
Retained Earnings(936.4M)(2.0B)(2.1B)(2.4B)(2.1B)(2.0B)
Accounts Payable2.2B2.5B2.2B1.5B1.8B1.4B
Cash875.5M971.9M891.2M612.8M704.7M521.4M
Non Current Assets Total2.8B3.0B2.8B3.0B3.4B2.0B
Cash And Short Term Investments895.2M976.9M894.2M614.8M707.0M526.2M
Net Receivables1.6B1.4B1.2B841.2M967.4M1.1B
Liabilities And Stockholders Equity6.1B6.2B5.7B4.9B5.7B4.3B
Non Current Liabilities Total288.5M1.2B1.2B1.2B1.3B1.4B
Inventory460.9M434.5M485.3M389.7M448.1M479.9M
Other Current Assets432.1M368.2M275.9M82.2M94.6M89.8M
Total Liab4.3B5.5B5.1B4.7B5.4B3.0B
Total Current Assets3.4B3.2B2.9B1.9B2.2B2.3B
Short Term Debt1.7B1.5B1.5B1.8B2.1B1.1B
Intangible Assets53.3M140.3M132.3M127.4M146.5M93.3M
Other Liab36.9M113.4M148.8M904.2M1.0B1.1B
Non Currrent Assets Other540.0M807.9M799.4M775.4M891.7M936.3M
Property Plant Equipment1.9B1.4B1.7B1.5B1.7B1.3B
Short Term Investments19.7M5M3M2M2.3M2.2M
Long Term Debt171.9M197.6M274.0M202.5M232.9M172.5M
Net Tangible Assets2.2B1.6B488.2M358.0M322.2M306.1M
Deferred Long Term Liab36.2M43.4M60.6M25.7M29.5M36.4M
Short Long Term Debt1.7B1.5B1.4B1.6B1.9B1.7B
Non Current Liabilities Other71.4M22.4M1.9M6.3M5.7M5.4M
Net Invested Capital3.5B2.3B2.2B2.1B1.9B2.8B
Net Working Capital(678.7M)(1.1B)(1.1B)(1.6B)(1.4B)(1.5B)
Property Plant And Equipment Gross2.6B3.2B1.5B3.4B3.9B3.0B

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Other Information on Investing in SuZhou Stock

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