Wuhan Change To Inventory vs Depreciation Analysis

300871 Stock

12.12 0.29 2.45%

Wuhan Hvsen financial indicator trend analysis is more than just analyzing Wuhan Hvsen Biotechnology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wuhan Hvsen Biotechnology is a good investment. Please check the relationship between Wuhan Hvsen Change To Inventory and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wuhan Hvsen Biotechnology. 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 Inventory vs Depreciation

Change To Inventory vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wuhan Hvsen Biotechnology Change To Inventory account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Wuhan Hvsen's Change To Inventory and Depreciation is -0.09. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Depreciation in the same time period over historical financial statements of Wuhan Hvsen Biotechnology, assuming nothing else is changed. The correlation between historical values of Wuhan Hvsen's Change To Inventory and Depreciation 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 Inventory of Wuhan Hvsen Biotechnology are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Inventory i.e., Wuhan Hvsen's Change To Inventory and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

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Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Depreciation

Depreciation indicates how much of Wuhan Hvsen Biotechnology value has been used up. For tax purposes Wuhan Hvsen can deduct the cost of the tangible assets it purchases as business expenses. However, Wuhan Hvsen Biotechnology 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.

Most indicators from Wuhan Hvsen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wuhan Hvsen Biotechnology 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 Wuhan Hvsen Biotechnology. 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 Tax Provision is expected to grow to about (4.1 M). In addition to that, Selling General Administrative is expected to decline to about 52.6 M

	2023	2024 (projected)
Minority Interest	17.0K	14.4K
Income Tax Expense	4.6M	4.4M

Minority Interest Income Tax Expense

Wuhan Hvsen fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Net Invested Capital	Non Current Liabilities Other
Other Current Liab		0.32	0.04	0.24	0.5	0.32	0.32	0.38	0.36	0.44	0.33	0.06	0.49	0.3	0.04	0.38	0.44	0.57	0.28	0.43	0.44	0.36	0.14	0.3	0.4	0.73
Total Current Liabilities	0.32		0.91	0.89	0.89	1.0	0.68	0.98	0.94	-0.02	0.57	-0.34	0.9	0.97	0.9	0.97	0.92	0.65	1.0	0.22	0.91	0.89	0.9	0.99	0.96	0.43
Other Liab	0.04	0.91		0.94	0.82	0.9	0.64	0.89	0.86	-0.05	0.53	-0.31	0.81	0.86	0.99	0.9	0.85	0.59	0.92	0.15	0.82	0.88	0.95	0.9	0.89	0.29
Net Tangible Assets	0.24	0.89	0.94		0.92	0.89	0.78	0.93	0.93	0.15	0.61	-0.34	0.94	0.89	0.93	0.95	0.96	0.77	0.9	0.4	0.94	0.99	0.91	0.89	0.95	0.58
Retained Earnings	0.5	0.89	0.82	0.92		0.9	0.83	0.96	0.94	0.23	0.78	-0.34	0.97	0.88	0.8	0.95	0.96	0.82	0.88	0.53	0.94	0.95	0.81	0.87	0.95	0.7
Accounts Payable	0.32	1.0	0.9	0.89	0.9		0.67	0.98	0.95	-0.04	0.56	-0.37	0.9	0.97	0.9	0.97	0.92	0.66	1.0	0.22	0.91	0.89	0.9	0.99	0.96	0.44
Other Assets	0.32	0.68	0.64	0.78	0.83	0.67		0.78	0.69	0.47	0.7	-0.4	0.8	0.62	0.57	0.73	0.82	0.53	0.64	0.84	0.84	0.84	0.49	0.59	0.74	0.74
Net Receivables	0.38	0.98	0.89	0.93	0.96	0.98	0.78		0.97	0.08	0.68	-0.38	0.96	0.95	0.88	0.99	0.97	0.73	0.97	0.38	0.95	0.95	0.88	0.96	0.98	0.56
Inventory	0.36	0.94	0.86	0.93	0.94	0.95	0.69	0.97		0.02	0.65	-0.36	0.97	0.98	0.87	0.98	0.96	0.84	0.95	0.3	0.94	0.93	0.91	0.96	0.99	0.57
Other Current Assets	0.44	-0.02	-0.05	0.15	0.23	-0.04	0.47	0.08	0.02		0.41	0.51	0.2	-0.05	-0.09	0.06	0.2	0.11	-0.07	0.66	0.25	0.23	-0.16	-0.1	0.07	0.55
Other Stockholder Equity	0.33	0.57	0.53	0.61	0.78	0.56	0.7	0.68	0.65	0.41		0.01	0.65	0.54	0.49	0.6	0.63	0.53	0.54	0.52	0.6	0.62	0.48	0.52	0.6	0.47
Deferred Long Term Liab	0.06	-0.34	-0.31	-0.34	-0.34	-0.37	-0.4	-0.38	-0.36	0.51	0.01		-0.36	-0.35	-0.28	-0.37	-0.38	-0.29	-0.35	-0.28	-0.36	-0.36	-0.28	-0.34	-0.37	-0.26
Total Current Assets	0.49	0.9	0.81	0.94	0.97	0.9	0.8	0.96	0.97	0.2	0.65	-0.36		0.93	0.81	0.97	0.99	0.87	0.9	0.49	0.98	0.97	0.83	0.9	0.98	0.75
Common Stock	0.3	0.97	0.86	0.89	0.88	0.97	0.62	0.95	0.98	-0.05	0.54	-0.35	0.93		0.88	0.98	0.93	0.75	0.98	0.19	0.92	0.89	0.91	0.98	0.97	0.48
Property Plant Equipment	0.04	0.9	0.99	0.93	0.8	0.9	0.57	0.88	0.87	-0.09	0.49	-0.28	0.81	0.88		0.9	0.84	0.61	0.92	0.07	0.81	0.87	0.98	0.92	0.89	0.26
Total Assets	0.38	0.97	0.9	0.95	0.95	0.97	0.73	0.99	0.98	0.06	0.6	-0.37	0.97	0.98	0.9		0.98	0.79	0.98	0.33	0.97	0.96	0.91	0.97	1.0	0.59
Total Stockholder Equity	0.44	0.92	0.85	0.96	0.96	0.92	0.82	0.97	0.96	0.2	0.63	-0.38	0.99	0.93	0.84	0.98		0.83	0.92	0.49	0.99	0.99	0.85	0.91	0.99	0.72
Cash	0.57	0.65	0.59	0.77	0.82	0.66	0.53	0.73	0.84	0.11	0.53	-0.29	0.87	0.75	0.61	0.79	0.83		0.67	0.36	0.78	0.79	0.73	0.71	0.81	0.75
Non Current Assets Total	0.28	1.0	0.92	0.9	0.88	1.0	0.64	0.97	0.95	-0.07	0.54	-0.35	0.9	0.98	0.92	0.98	0.92	0.67		0.16	0.9	0.89	0.92	1.0	0.97	0.41
Non Currrent Assets Other	0.43	0.22	0.15	0.4	0.53	0.22	0.84	0.38	0.3	0.66	0.52	-0.28	0.49	0.19	0.07	0.33	0.49	0.36	0.16		0.53	0.51	0.01	0.12	0.35	0.82
Long Term Debt	0.44	0.91	0.82	0.94	0.94	0.91	0.84	0.95	0.94	0.25	0.6	-0.36	0.98	0.92	0.81	0.97	0.99	0.78	0.9	0.53		0.98	0.8	0.89	0.97	0.74
Common Stock Shares Outstanding	0.36	0.89	0.88	0.99	0.95	0.89	0.84	0.95	0.93	0.23	0.62	-0.36	0.97	0.89	0.87	0.96	0.99	0.79	0.89	0.51	0.98		0.85	0.88	0.96	0.69
Non Current Liabilities Total	0.14	0.9	0.95	0.91	0.81	0.9	0.49	0.88	0.91	-0.16	0.48	-0.28	0.83	0.91	0.98	0.91	0.85	0.73	0.92	0.01	0.8	0.85		0.94	0.91	0.3
Total Liab	0.3	0.99	0.9	0.89	0.87	0.99	0.59	0.96	0.96	-0.1	0.52	-0.34	0.9	0.98	0.92	0.97	0.91	0.71	1.0	0.12	0.89	0.88	0.94		0.96	0.4
Net Invested Capital	0.4	0.96	0.89	0.95	0.95	0.96	0.74	0.98	0.99	0.07	0.6	-0.37	0.98	0.97	0.89	1.0	0.99	0.81	0.97	0.35	0.97	0.96	0.91	0.96		0.61
Non Current Liabilities Other	0.73	0.43	0.29	0.58	0.7	0.44	0.74	0.56	0.57	0.55	0.47	-0.26	0.75	0.48	0.26	0.59	0.72	0.75	0.41	0.82	0.74	0.69	0.3	0.4	0.61

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Wuhan Hvsen Account Relationship Matchups

Wuhan Hvsen fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	22.2M	45.0M	57.9M	61.5M	3.8M	3.7M
Total Current Liabilities	203.8M	338.7M	503.3M	804.9M	781.1M	410.7M
Other Liab	24.3M	28.0M	45.0M	72.4M	83.3M	87.4M
Net Tangible Assets	280.1M	1.3B	1.5B	1.4B	1.6B	1.7B
Retained Earnings	191.6M	341.8M	429.3M	427.1M	341.9M	271.4M
Accounts Payable	121.1M	194.4M	311.3M	489.7M	472.5M	240.9M
Other Assets	26.0M	67.0M	25.9M	32.7M	37.6M	26.7M
Net Receivables	107.0M	201.7M	259.5M	338.0M	318.5M	190.8M
Inventory	72.4M	127.3M	231.6M	199.0M	228.7M	144.0M
Other Current Assets	8.7M	25.0M	9.4M	8.6M	5.3M	9.1M
Total Current Assets	292.5M	1.2B	1.6B	1.4B	1.3B	863.0M
Property Plant Equipment	233.3M	412.3M	1.0B	1.5B	1.7B	1.8B
Total Assets	650.1M	1.8B	2.7B	3.0B	3.0B	1.9B
Total Stockholder Equity	378.3M	1.4B	1.6B	1.5B	1.5B	1.1B
Cash	104.5M	345.3M	1.1B	424.0M	293.6M	375.3M
Non Current Assets Total	357.5M	575.1M	1.1B	1.6B	1.7B	908.3M
Non Currrent Assets Other	15.5M	56.7M	15.5M	7.5M	3.6M	3.4M
Non Current Liabilities Total	68.0M	34.4M	619.5M	642.8M	685.1M	719.4M
Total Liab	271.8M	373.1M	1.1B	1.4B	1.5B	777.0M
Net Invested Capital	441.0M	1.4B	2.3B	2.3B	2.4B	1.5B
Net Working Capital	88.8M	838.5M	1.1B	546.5M	484.9M	510.8M
Intangible Assets	98.2M	95.8M	110.1M	106.9M	104.2M	101.2M
Short Long Term Debt	29M	63M	100M	220.1M	240.3M	124.2M

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Other Information on Investing in Wuhan Stock

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

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Wuhan Change To Inventory vs Depreciation Analysis

Change To Inventory vs Depreciation

Change To Inventory vs Depreciation Correlation Analysis

Correlation Coefficient

Change To Inventory

Depreciation

Wuhan Hvsen fundamental ratios Correlations

Wuhan Hvsen Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wuhan Hvsen fundamental ratios Accounts

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Other Information on Investing in Wuhan Stock

COMMON DESTINATIONS

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Accounts Payable	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Accounts Payable
Net Invested Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Non Current Assets Total
Total Liab	+ 0.99	Total Current Liabilities

Deferred Long Term Liab	- 0.4	Other Assets
Total Stockholder Equity	- 0.38	Deferred Long Term Liab
Deferred Long Term Liab	- 0.38	Net Receivables
Net Invested Capital	- 0.37	Deferred Long Term Liab
Total Assets	- 0.37	Deferred Long Term Liab
Deferred Long Term Liab	- 0.37	Accounts Payable