Yunnan Net Tangible Assets vs Total Stockholder Equity Analysis

002812 Stock   32.95  0.63  1.88%   
Yunnan Chuangxin financial indicator trend analysis is more than just analyzing Yunnan Chuangxin New current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunnan Chuangxin New is a good investment. Please check the relationship between Yunnan Chuangxin Net Tangible Assets and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yunnan Chuangxin New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Tangible Assets vs Total Stockholder Equity

Net Tangible Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yunnan Chuangxin New Net Tangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Yunnan Chuangxin's Net Tangible Assets and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Yunnan Chuangxin New, assuming nothing else is changed. The correlation between historical values of Yunnan Chuangxin's Net Tangible Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Yunnan Chuangxin New are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Tangible Assets i.e., Yunnan Chuangxin's Net Tangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Yunnan Chuangxin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunnan Chuangxin New 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 Yunnan Chuangxin New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of December 26, 2024, Selling General Administrative is expected to decline to about 136.7 M. In addition to that, Tax Provision is expected to decline to about 230.4 M
 2021 2022 2023 2024 (projected)
Operating Income3.4B5.0B3.4B3.6B
Total Revenue8.0B12.6B12.0B12.6B

Yunnan Chuangxin fundamental ratios Correlations

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0.990.470.990.970.930.980.990.970.970.990.90.990.990.90.990.980.910.870.990.980.540.9-0.740.920.86
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0.980.650.980.960.950.970.970.950.980.980.880.990.980.920.990.980.910.850.980.980.470.91-0.760.940.88
1.00.520.980.990.931.00.990.970.990.980.920.980.990.890.990.990.890.870.991.00.50.89-0.730.90.85
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0.990.510.990.980.940.990.990.980.980.980.990.90.990.90.990.980.90.840.990.990.520.9-0.740.920.86
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0.990.590.970.990.950.980.980.980.980.980.990.910.980.980.921.00.920.870.990.990.590.92-0.660.910.88
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0.870.370.820.880.840.850.870.860.840.850.870.880.840.840.840.870.870.880.870.870.50.86-0.610.80.79
1.00.540.980.980.950.980.990.990.970.980.990.910.990.990.921.00.990.930.870.990.580.92-0.690.920.88
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0.540.340.490.530.610.450.540.630.430.470.50.530.550.520.660.560.590.690.50.580.520.680.150.480.65
0.90.620.910.870.940.860.90.910.850.910.890.830.930.90.940.920.920.990.860.920.890.68-0.540.950.94
-0.71-0.31-0.76-0.69-0.63-0.77-0.74-0.64-0.77-0.76-0.73-0.63-0.71-0.74-0.56-0.7-0.66-0.53-0.61-0.69-0.720.15-0.54-0.71-0.54
0.910.620.960.860.890.90.920.910.90.940.90.750.950.920.860.920.910.950.80.920.890.480.95-0.710.85
0.870.640.850.840.980.810.860.840.80.880.850.880.90.860.980.90.880.910.790.880.860.650.94-0.540.85
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Yunnan Chuangxin Account Relationship Matchups

Yunnan Chuangxin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.2B20.6B26.1B38.6B47.2B49.6B
Other Current Liab147.8M236.7M1.1B595.4M189.8M285.8M
Total Current Liabilities4.2B4.3B6.9B13.6B11.5B12.1B
Total Stockholder Equity4.6B11.1B13.8B17.7B26.9B28.3B
Other Liab1.1B1.3B1.4B1.6B1.8B1.9B
Retained Earnings1.9B2.9B5.5B9.2B10.9B11.5B
Accounts Payable905.4M1.2B1.1B2.3B2.4B2.5B
Cash1.0B2.4B1.8B4.0B3.8B4.0B
Other Assets333.0M818.2M2.4B3.3B3.8B4.0B
Net Receivables2.6B2.3B5.3B6.6B6.7B7.1B
Inventory759.2M1.2B1.7B2.5B3.0B3.2B
Other Current Assets628.4M714.3M574.3M518.3M1.4B1.4B
Total Liab7.3B9.0B11.6B19.8B18.5B19.4B
Intangible Assets298.8M461.9M560.9M1.1B1.1B1.2B
Common Stock805.4M886.6M892.4M892.4M1.0B1.1B
Property Plant Equipment6.5B10.1B12.6B17.9B20.6B21.6B
Net Tangible Assets4.2B10.1B12.8B16.2B18.6B19.5B
Long Term Debt2.0B3.4B3.2B4.6B5.1B2.7B
Total Current Assets5.0B8.7B9.5B15.0B16.3B17.1B
Non Current Assets Total7.2B11.9B16.7B23.7B30.9B32.5B
Non Currrent Assets Other225.7M10.7B2.6B3.7B3.1B2.8B
Non Current Liabilities Total3.1B4.7B4.7B6.2B7.0B3.7B
Deferred Long Term Liab2.6M6.6M3.6M1.3M1.2M1.1M
Net Debt3.6B2.8B5.5B10.2B8.6B5.1B
Common Stock Shares Outstanding805.4M886.6M892.4M892.4M977.8M899.5M
Net Invested Capital9.2B16.3B21.2B31.9B39.3B41.3B
Short Long Term Debt2.7B1.8B4.1B9.5B7.3B4.2B
Net Working Capital793.7M4.4B2.5B1.4B4.8B2.5B
Capital Stock805.4M886.6M892.4M892.4M977.8M903.5M
Non Current Liabilities Other619.2M455.5M538.5M542.2M564.2M466.9M

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Other Information on Investing in Yunnan Stock

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