SuZhou Reconciled Depreciation vs Operating Income 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 Reconciled Depreciation and its Operating Income 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.

Reconciled Depreciation vs Operating Income

Reconciled Depreciation vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SuZhou ChunXing Precision Reconciled Depreciation account and Operating Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between SuZhou ChunXing's Reconciled Depreciation and Operating Income is 0.28. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Operating Income 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 Reconciled Depreciation and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of SuZhou ChunXing Precision are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Reconciled Depreciation i.e., SuZhou ChunXing's Reconciled Depreciation and Operating Income go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Reconciled Depreciation

Operating Income

Operating Income is the amount of profit realized from SuZhou ChunXing Precision operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of SuZhou ChunXing Precision is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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
Click cells to compare fundamentals

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)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.