SuZhou Income Tax Expense vs Depreciation And Amortization Analysis

002547 Stock   4.45  0.03  0.67%   
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 Income Tax Expense and its Depreciation And Amortization 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.

Income Tax Expense vs Depreciation And Amortization

Income Tax Expense vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SuZhou ChunXing Precision Income Tax Expense account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak relationship.
The correlation between SuZhou ChunXing's Income Tax Expense and Depreciation And Amortization is 0.34. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Depreciation And Amortization 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 Income Tax Expense and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of SuZhou ChunXing Precision are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Tax Expense i.e., SuZhou ChunXing's Income Tax Expense and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Income Tax Expense

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 December 27, 2024, Selling General Administrative is expected to decline to about 55.8 M. The current year's Tax Provision is expected to grow to about (34.9 M)
 2021 2022 2023 2024 (projected)
Gross Profit289.0M555.7M335.8M371.1M
Total Revenue2.7B2.6B2.3B2.6B

SuZhou ChunXing fundamental ratios Correlations

0.940.220.990.670.950.740.74-0.180.960.810.970.810.960.80.190.890.860.850.950.980.940.490.870.090.76
0.940.280.960.450.930.730.86-0.380.870.720.990.720.840.830.360.730.750.860.970.840.990.520.890.280.87
0.220.280.26-0.120.21-0.120.16-0.370.270.320.250.310.150.310.40.110.110.30.350.190.230.30.30.440.45
0.990.960.260.570.940.730.78-0.280.960.80.980.810.940.790.280.830.830.860.980.950.970.460.880.170.82
0.670.45-0.120.570.620.570.250.590.560.40.550.410.730.38-0.570.840.790.370.410.740.510.230.41-0.540.07
0.950.930.210.940.620.720.78-0.190.870.720.970.720.850.840.230.870.830.770.910.890.950.660.90.160.77
0.740.73-0.120.730.570.720.730.020.580.360.770.360.670.43-0.020.630.770.560.660.660.780.380.53-0.110.44
0.740.860.160.780.250.780.73-0.420.620.360.840.370.630.670.40.560.580.60.760.610.880.410.720.440.7
-0.18-0.38-0.37-0.280.59-0.190.02-0.42-0.26-0.38-0.29-0.38-0.06-0.44-0.980.170.17-0.47-0.44-0.07-0.3-0.25-0.41-0.88-0.71
0.960.870.270.960.560.870.580.62-0.260.880.90.890.960.760.270.830.780.850.940.970.860.390.840.130.78
0.810.720.320.80.40.720.360.36-0.380.880.731.00.780.720.40.640.570.890.830.830.680.420.730.220.76
0.970.990.250.980.550.970.770.84-0.290.90.730.730.880.840.290.80.810.850.960.890.990.560.90.210.83
0.810.720.310.810.410.720.360.37-0.380.891.00.730.780.720.390.640.570.890.830.840.680.410.730.210.76
0.960.840.150.940.730.850.670.63-0.060.960.780.880.780.70.060.90.830.790.870.980.850.320.75-0.030.62
0.80.830.310.790.380.840.430.67-0.440.760.720.840.720.70.460.610.580.810.830.720.80.70.90.340.81
0.190.360.40.28-0.570.23-0.020.4-0.980.270.40.290.390.060.46-0.13-0.170.450.440.080.280.380.410.870.7
0.890.730.110.830.840.870.630.560.170.830.640.80.640.90.61-0.130.860.590.730.930.770.440.69-0.10.45
0.860.750.110.830.790.830.770.580.170.780.570.810.570.830.58-0.170.860.550.740.870.80.380.73-0.240.49
0.850.860.30.860.370.770.560.6-0.470.850.890.850.890.790.810.450.590.550.90.80.820.470.770.320.83
0.950.970.350.980.410.910.660.76-0.440.940.830.960.830.870.830.440.730.740.90.880.950.520.90.30.92
0.980.840.190.950.740.890.660.61-0.070.970.830.890.840.980.720.080.930.870.80.880.860.40.79-0.010.65
0.940.990.230.970.510.950.780.88-0.30.860.680.990.680.850.80.280.770.80.820.950.860.490.880.230.82
0.490.520.30.460.230.660.380.41-0.250.390.420.560.410.320.70.380.440.380.470.520.40.490.580.240.52
0.870.890.30.880.410.90.530.72-0.410.840.730.90.730.750.90.410.690.730.770.90.790.880.580.330.88
0.090.280.440.17-0.540.16-0.110.44-0.880.130.220.210.21-0.030.340.87-0.1-0.240.320.3-0.010.230.240.330.54
0.760.870.450.820.070.770.440.7-0.710.780.760.830.760.620.810.70.450.490.830.920.650.820.520.880.54
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SuZhou ChunXing Account Relationship Matchups

SuZhou ChunXing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.1B6.1B6.2B5.7B4.9B4.3B
Short Long Term Debt Total1.8B1.8B1.7B1.8B2.0B1.2B
Other Current Liab31.8M5.5M444.3K264.1M8.9M8.5M
Total Current Liabilities5.0B4.0B4.3B3.9B3.5B2.7B
Total Stockholder Equity2.7B1.7B628.6M490.4M243.2M231.0M
Property Plant And Equipment Net1.9B1.4B1.7B1.5B1.7B1.2B
Current Deferred Revenue131.0M133.1M254.7M2.1M144.2M130.7M
Net Debt971.2M960.2M767.9M868.6M1.4B1.5B
Retained Earnings122.0M(936.4M)(2.0B)(2.1B)(2.4B)(2.2B)
Accounts Payable3.1B2.2B2.5B2.2B1.5B1.4B
Cash874.9M875.5M971.9M891.2M612.8M521.4M
Non Current Assets Total3.4B2.8B3.0B2.8B3.0B2.0B
Cash And Short Term Investments903.6M895.2M976.9M894.2M614.8M526.2M
Net Receivables2.4B1.6B1.4B1.2B841.2M1.1B
Liabilities And Stockholders Equity8.1B6.1B6.2B5.7B4.9B4.3B
Non Current Liabilities Total136.9M288.5M1.2B1.2B1.2B1.2B
Inventory975.5M460.9M434.5M485.3M389.7M479.9M
Other Current Assets419.3M432.1M368.2M275.9M82.2M78.1M
Total Liab5.1B4.3B5.5B5.1B4.7B3.0B
Total Current Assets4.7B3.4B3.2B2.9B1.9B2.3B
Short Term Debt1.7B1.7B1.5B1.5B1.8B1.1B
Intangible Assets82.9M53.3M140.3M132.3M127.4M93.3M
Other Liab36.9M113.4M148.8M904.2M1.0B1.1B
Non Currrent Assets Other504.8M540.0M807.9M799.4M775.4M395.9M
Other Assets605.3M543.1M1.0968.3M1.151.09
Property Plant Equipment1.9B1.4B1.7B1.5B1.7B1.3B
Short Term Investments28.7M19.7M5M3M2M1.9M
Long Term Debt100M171.9M197.6M274.0M202.5M172.5M
Net Tangible Assets2.2B1.6B488.2M358.0M322.2M306.1M
Deferred Long Term Liab36.2M43.4M60.6M25.7M29.5M36.4M
Short Long Term Debt1.7B1.7B1.5B1.4B1.6B1.7B
Non Current Liabilities Other100M71.4M22.4M1.9M6.3M6.0M
Net Invested Capital4.5B3.5B2.3B2.2B2.1B2.8B
Net Working Capital(358.2M)(678.7M)(1.1B)(1.1B)(1.6B)(1.5B)

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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.