Dongjiang Change To Liabilities vs Change To Inventory Analysis

002672 Stock   4.03  0.07  1.71%   
Dongjiang Environmental financial indicator trend analysis is much more than just examining Dongjiang Environmental latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dongjiang Environmental is a good investment. Please check the relationship between Dongjiang Environmental Change To Liabilities and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dongjiang Environmental Co. 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.

Change To Liabilities vs Change To Inventory

Change To Liabilities vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dongjiang Environmental Change To Liabilities account and Change To Inventory. At this time, the significance of the direction appears to have no relationship.
The correlation between Dongjiang Environmental's Change To Liabilities and Change To Inventory is 0.05. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Dongjiang Environmental Co, assuming nothing else is changed. The correlation between historical values of Dongjiang Environmental's Change To Liabilities 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 Change To Liabilities of Dongjiang Environmental Co 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 Change To Liabilities i.e., Dongjiang Environmental's Change To Liabilities and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Liabilities

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Dongjiang Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dongjiang Environmental 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 Dongjiang Environmental Co. 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 183.3 M, whereas Tax Provision is forecasted to decline to about 1.9 M.
 2022 2023 2024 2025 (projected)
Gross Profit610.4M161.7M145.6M138.3M
Total Revenue3.9B4.0B4.6B3.7B

Dongjiang Environmental fundamental ratios Correlations

-0.720.810.970.910.910.580.920.070.870.84-0.010.630.890.790.020.90.990.960.930.860.910.870.91-0.330.99
-0.72-0.43-0.69-0.72-0.69-0.22-0.650.08-0.79-0.820.26-0.16-0.86-0.830.23-0.61-0.72-0.7-0.63-0.46-0.69-0.37-0.670.6-0.71
0.81-0.430.870.530.860.820.880.090.590.510.330.880.760.480.130.890.730.750.810.830.680.870.8-0.260.76
0.97-0.690.870.80.960.690.960.070.840.750.10.740.890.690.030.940.920.940.950.910.860.890.94-0.320.94
0.91-0.720.530.80.710.260.70.040.890.86-0.240.280.770.83-0.040.730.960.870.770.650.860.660.77-0.270.94
0.91-0.690.860.960.710.780.97-0.110.840.670.20.740.890.610.210.950.840.940.940.810.740.820.91-0.290.89
0.58-0.220.820.690.260.780.77-0.30.450.280.440.890.620.190.540.740.460.660.70.590.290.730.73-0.070.55
0.92-0.650.880.960.70.970.770.040.750.680.250.790.870.620.180.920.860.90.960.870.790.870.89-0.260.89
0.070.080.090.070.04-0.11-0.30.04-0.25-0.020.310.12-0.19-0.01-0.620.050.1-0.140.110.370.410.26-0.20.130.0
0.87-0.790.590.840.890.840.450.75-0.250.75-0.210.320.880.720.140.810.860.940.790.590.70.580.89-0.280.9
0.84-0.820.510.750.860.670.280.68-0.020.75-0.350.320.80.98-0.240.620.880.760.650.620.830.610.71-0.650.84
-0.010.260.330.1-0.240.20.440.250.31-0.21-0.350.53-0.1-0.440.330.32-0.09-0.010.310.2-0.020.31-0.060.45-0.07
0.63-0.160.880.740.280.740.890.790.120.320.320.530.530.230.210.750.520.590.720.80.490.880.66-0.110.56
0.89-0.860.760.890.770.890.620.87-0.190.880.8-0.10.530.780.090.830.850.890.830.660.710.670.92-0.470.89
0.79-0.830.480.690.830.610.190.62-0.010.720.98-0.440.230.78-0.320.560.840.70.570.570.810.520.65-0.710.79
0.020.230.130.03-0.040.210.540.18-0.620.14-0.240.330.210.09-0.320.15-0.020.220.2-0.15-0.310.050.20.510.09
0.9-0.610.890.940.730.950.740.920.050.810.620.320.750.830.560.150.850.910.940.830.770.870.86-0.170.88
0.99-0.720.730.920.960.840.460.860.10.860.88-0.090.520.850.84-0.020.850.930.880.810.930.810.86-0.330.99
0.96-0.70.750.940.870.940.660.9-0.140.940.76-0.010.590.890.70.220.910.930.920.780.770.80.95-0.20.97
0.93-0.630.810.950.770.940.70.960.110.790.650.310.720.830.570.20.940.880.920.840.810.870.87-0.110.91
0.86-0.460.830.910.650.810.590.870.370.590.620.20.80.660.57-0.150.830.810.780.840.850.940.76-0.220.81
0.91-0.690.680.860.860.740.290.790.410.70.83-0.020.490.710.81-0.310.770.930.770.810.850.790.69-0.390.88
0.87-0.370.870.890.660.820.730.870.260.580.610.310.880.670.520.050.870.810.80.870.940.790.79-0.140.82
0.91-0.670.80.940.770.910.730.89-0.20.890.71-0.060.660.920.650.20.860.860.950.870.760.690.79-0.280.92
-0.330.6-0.26-0.32-0.27-0.29-0.07-0.260.13-0.28-0.650.45-0.11-0.47-0.710.51-0.17-0.33-0.2-0.11-0.22-0.39-0.14-0.28-0.27
0.99-0.710.760.940.940.890.550.890.00.90.84-0.070.560.890.790.090.880.990.970.910.810.880.820.92-0.27
Click cells to compare fundamentals

Dongjiang Environmental Account Relationship Matchups

Dongjiang Environmental fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets10.4B11.8B11.7B12.2B14.0B11.0B
Other Current Liab262.8M310.9M293.5M872.8K785.5K746.2K
Total Current Liabilities3.6B3.8B3.5B3.3B3.8B3.8B
Total Stockholder Equity4.5B4.6B4.1B4.5B5.2B4.4B
Other Liab183.2M214.9M283.6M392.2M451.1M238.5M
Net Tangible Assets2.0B2.0B2.1B1.8B2.1B1.9B
Retained Earnings3.2B3.3B2.7B1.7B1.9B2.8B
Accounts Payable730.0M840.0M686.4M715.8M823.2M744.0M
Cash661.7M550.4M622.7M1.2B1.1B754.8M
Other Assets563.2M772.9M770.0M783.7M901.2M630.9M
Long Term Debt1.3B2.3B3.1B3.4B3.9B4.1B
Net Receivables1.1B1.1B1.1B1.0B919.8M964.0M
Good Will1.2B1.2B985.1M848.3M975.6M1.2B
Inventory267.1M550.9M649.7M789.8M908.3M953.7M
Other Current Assets198.1M325.9M294.1M38.2K44.0K41.8K
Other Stockholder Equity22.5M19.4M17.9M19.0M21.8M15.3M
Total Liab5.1B6.4B6.9B7.1B8.2B5.9B
Deferred Long Term Liab57.8M96.0M116.6M99.4M114.3M66.3M
Short Long Term Debt1.8B1.9B956.7M2.2B2.5B1.8B
Total Current Assets2.6B3.0B3.0B3.7B4.2B3.2B
Intangible Assets1.4B1.3B1.2B1.2B1.3B1.2B
Property Plant Equipment4.2B4.3B5.3B5.4B6.2B4.4B
Non Current Assets Total7.9B8.8B8.7B8.5B9.8B8.2B
Non Currrent Assets Other114.8M76.8M146.3M140.1M126.1M121.7M
Non Current Liabilities Total1.5B2.6B3.5B3.8B4.4B2.3B
Non Current Liabilities Other780.3M27.7M83.0M177.9M160.1M275.8M
Net Debt2.4B3.7B3.4B4.3B5.0B3.1B
Net Invested Capital7.6B8.8B8.1B10.1B11.6B8.8B
Net Working Capital(1.0B)(828.2M)(431.5M)384.9M442.6M464.7M
Capital Lease Obligations3.6M3.5M2.0M10.1M11.6M12.2M
Property Plant And Equipment Net4.3B5.3B5.4B5.4B6.2B5.4B
Property Plant And Equipment Gross5.9B7.2B5.4B8.3B9.6B7.1B

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Other Information on Investing in Dongjiang Stock

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