Anshan Depreciation vs Change To Operating Activities Analysis

300210 Stock   9.69  0.06  0.62%   
Anshan Senyuan financial indicator trend analysis is way more than just evaluating Anshan Senyuan Road prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anshan Senyuan Road is a good investment. Please check the relationship between Anshan Senyuan Depreciation and its Change To Operating Activities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anshan Senyuan Road. 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.

Depreciation vs Change To Operating Activities

Depreciation vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anshan Senyuan Road Depreciation account and Change To Operating Activities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Anshan Senyuan's Depreciation and Change To Operating Activities is -0.37. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Anshan Senyuan Road, assuming nothing else is changed. The correlation between historical values of Anshan Senyuan's Depreciation and Change To Operating Activities 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 Anshan Senyuan Road are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Depreciation i.e., Anshan Senyuan's Depreciation and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of Anshan Senyuan Road value has been used up. For tax purposes Anshan Senyuan can deduct the cost of the tangible assets it purchases as business expenses. However, Anshan Senyuan Road 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 Operating Activities

Most indicators from Anshan Senyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anshan Senyuan Road 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 Anshan Senyuan Road. 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.
The current year's Selling General Administrative is expected to grow to about 56 M, whereas Tax Provision is projected to grow to (302.8 K).
 2022 2023 2024 2025 (projected)
Gross Profit40.9M37.3M33.6M31.9M
Research Development19.2M17.2M19.8M20.6M

Anshan Senyuan fundamental ratios Correlations

0.050.920.930.280.610.770.280.820.020.860.840.450.920.710.580.750.050.230.410.540.720.360.520.22-0.21
0.050.060.020.330.060.03-0.160.08-0.110.120.260.430.070.030.130.210.35-0.16-0.01-0.02-0.02-0.070.02-0.07-0.04
0.920.060.710.390.330.570.00.74-0.060.670.890.381.00.760.810.83-0.02-0.080.70.780.890.10.78-0.07-0.5
0.930.020.710.130.770.820.510.760.030.90.670.440.710.540.290.570.10.470.110.280.480.550.230.440.08
0.280.330.390.13-0.240.27-0.230.14-0.260.050.380.470.420.30.610.74-0.13-0.560.490.430.22-0.540.47-0.56-0.55
0.610.060.330.77-0.240.660.580.710.220.850.350.260.330.27-0.160.090.540.85-0.39-0.20.070.88-0.250.860.59
0.770.030.570.820.270.660.280.720.260.840.540.350.610.530.160.560.060.41-0.020.140.240.420.040.380.18
0.28-0.160.00.51-0.230.580.280.22-0.180.41-0.06-0.03-0.01-0.21-0.35-0.10.190.63-0.4-0.36-0.130.64-0.370.590.55
0.820.080.740.760.140.710.720.220.330.80.810.490.760.530.390.510.320.430.160.240.510.560.260.5-0.01
0.02-0.11-0.060.03-0.260.220.26-0.180.330.240.01-0.120.00.26-0.11-0.150.070.29-0.23-0.32-0.20.27-0.30.360.17
0.860.120.670.90.050.850.840.410.80.240.580.340.690.60.240.520.320.540.00.170.360.620.110.550.23
0.840.260.890.670.380.350.54-0.060.810.010.580.540.890.670.720.710.06-0.040.570.640.810.150.670.02-0.46
0.450.430.380.440.470.260.35-0.030.49-0.120.340.540.390.080.290.480.090.060.140.240.310.090.260.1-0.2
0.920.071.00.710.420.330.61-0.010.760.00.690.890.390.780.810.84-0.02-0.080.690.760.860.10.76-0.07-0.5
0.710.030.760.540.30.270.53-0.210.530.260.60.670.080.780.690.67-0.03-0.130.50.550.57-0.030.54-0.13-0.39
0.580.130.810.290.61-0.160.16-0.350.39-0.110.240.720.290.810.690.83-0.11-0.570.910.860.79-0.410.92-0.54-0.84
0.750.210.830.570.740.090.56-0.10.51-0.150.520.710.480.840.670.83-0.09-0.380.660.690.61-0.280.69-0.36-0.57
0.050.35-0.020.1-0.130.540.060.190.320.070.320.060.09-0.02-0.03-0.11-0.090.38-0.38-0.28-0.20.4-0.240.510.45
0.23-0.16-0.080.47-0.560.850.410.630.430.290.54-0.040.06-0.08-0.13-0.57-0.380.38-0.67-0.51-0.210.96-0.560.970.8
0.41-0.010.70.110.49-0.39-0.02-0.40.16-0.230.00.570.140.690.50.910.66-0.38-0.670.930.83-0.510.97-0.67-0.93
0.54-0.020.780.280.43-0.20.14-0.360.24-0.320.170.640.240.760.550.860.69-0.28-0.510.930.9-0.380.97-0.53-0.8
0.72-0.020.890.480.220.070.24-0.130.51-0.20.360.810.310.860.570.790.61-0.2-0.210.830.9-0.010.9-0.22-0.67
0.36-0.070.10.55-0.540.880.420.640.560.270.620.150.090.1-0.03-0.41-0.280.40.96-0.51-0.38-0.01-0.40.960.68
0.520.020.780.230.47-0.250.04-0.370.26-0.30.110.670.260.760.540.920.69-0.24-0.560.970.970.9-0.4-0.57-0.88
0.22-0.07-0.070.44-0.560.860.380.590.50.360.550.020.1-0.07-0.13-0.54-0.360.510.97-0.67-0.53-0.220.96-0.570.79
-0.21-0.04-0.50.08-0.550.590.180.55-0.010.170.23-0.46-0.2-0.5-0.39-0.84-0.570.450.8-0.93-0.8-0.670.68-0.880.79
Click cells to compare fundamentals

Anshan Senyuan Account Relationship Matchups

Anshan Senyuan fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.8B1.5B1.2B1.1B1.2B1.4B
Other Current Liab21.3M53.6M127.8M2.3M2.6M2.5M
Total Current Liabilities711.5M604.6M548.4M550.9M633.5M530.1M
Total Stockholder Equity996.7M813.3M569.2M454.8M523.1M817.3M
Other Liab46.8M74.1M72.3M72.0M82.8M51.3M
Retained Earnings312.7M129.4M(115.4M)(283.1M)(254.8M)(242.1M)
Accounts Payable172.2M107.8M103.9M95.8M110.1M147.8M
Cash143.1M87.8M46.7M141.8M127.6M162.8M
Other Assets170.9M142.6M99.2M25.5M29.3M27.8M
Net Receivables272.0M275.6M205.5M125.9M144.8M137.6M
Inventory358.6M297.0M272.5M155.8M179.2M230.3M
Other Current Assets35.2M61.0M29.4M15.0M17.3M29.6M
Total Liab785.5M677.0M620.4M619.8M712.8M603.8M
Intangible Assets81.8M77.6M71.6M66.7M76.7M62.8M
Property Plant Equipment308.7M303.6M336.0M312.6M359.5M257.8M
Net Tangible Assets787.4M916.4M737.0M497.6M447.9M737.7M
Other Stockholder Equity6.5M6.2M6.1M6.9M7.9M6.6M
Short Long Term Debt414.9M352.4M313.2M274.1M315.2M422.5M
Total Current Assets962.3M721.4M593.9M491.4M442.3M754.9M
Non Current Assets Total829.5M769.8M596.4M583.9M525.5M660.9M
Non Currrent Assets Other46.2M28.6M15.6M4.7M4.2M4.0M
Non Current Liabilities Total74.1M72.3M72.0M69.0M79.3M79.8M
Deferred Long Term Liab7.1M1.3M1.5M1.3M1.2M1.1M
Non Current Liabilities Other5.3M6.7M8.8M7.4M8.5M5.5M
Net Debt271.7M264.5M266.5M132.3M119.0M217.0M
Net Invested Capital1.4B1.2B882.4M728.9M656.0M1.1B
Net Working Capital250.9M116.8M45.5M(59.5M)(53.5M)(50.8M)
Property Plant And Equipment Net303.6M336.0M312.6M345.1M396.9M353.3M
Property Plant And Equipment Gross440.6M495.3M312.6M544.6M626.3M489.7M

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 Anshan Stock

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