Sichuan Other Stockholder Equity vs Intangible Assets Analysis

600039 Stock   7.40  0.16  2.12%   
Sichuan Road financial indicator trend analysis is much more than just breaking down Sichuan Road Bridge prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Road Bridge is a good investment. Please check the relationship between Sichuan Road Other Stockholder Equity and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Road Bridge. 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.

Other Stockholder Equity vs Intangible Assets

Other Stockholder Equity vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Road Bridge Other Stockholder Equity account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sichuan Road's Other Stockholder Equity and Intangible Assets is 0.62. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Sichuan Road Bridge, assuming nothing else is changed. The correlation between historical values of Sichuan Road's Other Stockholder Equity and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Sichuan Road Bridge are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Other Stockholder Equity i.e., Sichuan Road's Other Stockholder Equity and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Sichuan Road's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Road Bridge 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 Sichuan Road Bridge. 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 533.4 M, whereas Tax Provision is forecasted to decline to about 985.2 M.
 2021 2022 2023 2024 (projected)
Operating Income9.4B16.6B14.5B15.2B
Total Revenue85.0B135.2B115.0B120.8B

Sichuan Road fundamental ratios Correlations

0.481.01.00.990.990.940.950.95-0.370.951.00.840.890.950.990.430.950.840.840.940.740.270.970.630.91
0.480.460.460.410.390.580.460.58-0.210.280.490.750.710.380.540.340.50.310.420.420.630.470.30.520.49
1.00.460.990.991.00.930.930.92-0.350.961.00.810.860.960.970.380.930.840.840.920.70.230.980.590.9
1.00.460.991.00.990.940.960.94-0.390.950.990.820.880.940.980.480.960.880.860.950.750.250.970.630.92
0.990.410.991.01.00.930.950.92-0.390.960.990.780.850.950.970.450.950.880.860.950.720.210.990.60.92
0.990.391.00.991.00.920.940.9-0.350.980.990.760.830.960.960.40.930.860.840.930.680.180.990.560.91
0.940.580.930.940.930.920.880.86-0.340.870.930.820.840.870.910.440.880.790.830.860.750.270.90.630.87
0.950.460.930.960.950.940.880.95-0.380.880.950.790.860.870.950.60.990.920.810.990.790.210.920.590.93
0.950.580.920.940.920.90.860.95-0.410.810.950.930.950.840.980.550.960.790.750.930.840.420.850.740.87
-0.37-0.21-0.35-0.39-0.39-0.35-0.34-0.38-0.41-0.3-0.36-0.37-0.5-0.18-0.39-0.56-0.43-0.32-0.35-0.41-0.49-0.38-0.35-0.5-0.39
0.950.280.960.950.960.980.870.880.81-0.30.950.640.720.960.890.30.860.840.820.880.570.10.990.450.87
1.00.491.00.990.990.990.930.950.95-0.360.950.840.890.950.990.420.940.830.830.930.740.280.960.630.91
0.840.750.810.820.780.760.820.790.93-0.370.640.840.960.70.90.480.840.580.620.760.840.580.680.80.72
0.890.710.860.880.850.830.840.860.95-0.50.720.890.960.760.940.560.890.70.690.840.820.490.760.760.79
0.950.380.960.940.950.960.870.870.84-0.180.960.950.70.760.90.220.850.820.80.850.550.090.950.450.83
0.990.540.970.980.970.960.910.950.98-0.390.890.990.90.940.90.490.960.810.80.940.820.380.920.710.9
0.430.340.380.480.450.40.440.60.55-0.560.30.420.480.560.220.490.640.650.440.630.580.180.380.430.54
0.950.50.930.960.950.930.880.990.96-0.430.860.940.840.890.850.960.640.90.80.990.820.30.90.660.92
0.840.310.840.880.880.860.790.920.79-0.320.840.830.580.70.820.810.650.90.80.930.58-0.070.870.370.87
0.840.420.840.860.860.840.830.810.75-0.350.820.830.620.690.80.80.440.80.80.80.70.20.850.550.94
0.940.420.920.950.950.930.860.990.93-0.410.880.930.760.840.850.940.630.990.930.80.780.210.920.590.93
0.740.630.70.750.720.680.750.790.84-0.490.570.740.840.820.550.820.580.820.580.70.780.650.640.850.83
0.270.470.230.250.210.180.270.210.42-0.380.10.280.580.490.090.380.180.3-0.070.20.210.650.120.880.24
0.970.30.980.970.990.990.90.920.85-0.350.990.960.680.760.950.920.380.90.870.850.920.640.120.510.9
0.630.520.590.630.60.560.630.590.74-0.50.450.630.80.760.450.710.430.660.370.550.590.850.880.510.59
0.910.490.90.920.920.910.870.930.87-0.390.870.910.720.790.830.90.540.920.870.940.930.830.240.90.59
Click cells to compare fundamentals

Sichuan Road Account Relationship Matchups

Sichuan Road fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets97.6B113.2B137.0B208.3B240.9B253.0B
Other Current Liab14.4B16.0B9.8B14.8B13.3B6.9B
Total Current Liabilities46.3B54.0B62.3B108.5B124.3B130.5B
Total Stockholder Equity15.6B22.6B27.1B41.8B45.1B47.4B
Retained Earnings8.2B10.9B15.3B24.6B27.7B29.1B
Accounts Payable22.4B28.7B36.6B64.2B76.9B80.8B
Cash10.8B14.1B12.3B31.4B21.7B22.8B
Other Assets7.0B11.7B16.0B21.3B24.5B25.7B
Net Receivables14.0B13.5B18.6B16.5B20.8B21.8B
Inventory21.0B2.0B3.3B4.9B5.4B5.1B
Other Current Assets2.0B5.3B3.9B13.2B17.2B18.0B
Total Liab80.4B88.5B106.5B162.3B190.2B199.7B
Intangible Assets28.2B29.2B30.0B32.2B33.7B35.3B
Property Plant Equipment2.5B3.3B3.7B6.3B7.3B7.7B
Long Term Debt33.4B35.5B42.7B51.0B62.7B65.9B
Short Term Investments17.9M25.8M27.7M20.5M17.9M17.6M
Other Liab421.2M652.5M932.1M1.1B1.3B1.3B
Net Tangible Assets(13.8B)(12.6B)(6.0B)(2.8B)(3.2B)(3.4B)
Other Stockholder Equity651.9M749.5M886.9M1.2B1.4B834.6M
Deferred Long Term Liab177.6M262.6M407.6M485.9M558.8M586.7M
Short Long Term Debt3.9B3.6B1.9B1.9B3.2B2.5B
Total Current Assets47.7B60.0B72.7B131.3B146.1B153.4B
Non Current Assets Total49.9B56.5B64.4B77.0B94.8B62.9B
Non Currrent Assets Other880.1M1.1B15.8B17.4B10.8B6.5B
Non Current Liabilities Total34.0B36.5B44.2B53.8B65.9B42.8B
Non Current Liabilities Other349.1M456.2M772.7M1.9B2.0B2.2B
Net Debt26.5B25.0B32.3B21.4B44.2B30.1B
Net Invested Capital52.8B61.7B71.8B94.6B111.1B75.7B
Net Working Capital1.4B4.7B10.4B22.8B21.8B22.9B

Currently Active Assets on Macroaxis

Other Information on Investing in Sichuan Stock

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