Yunnan Net Tangible Assets vs Total Stockholder Equity Analysis

600096 Stock   22.46  0.11  0.49%   
Yunnan Yuntianhua financial indicator trend analysis is more than just analyzing Yunnan Yuntianhua current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunnan Yuntianhua is a good investment. Please check the relationship between Yunnan Yuntianhua 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 Yuntianhua 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.

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 Yuntianhua Net Tangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Yunnan Yuntianhua's Net Tangible Assets and Total Stockholder Equity is 0.97. 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 Yuntianhua Co, assuming nothing else is changed. The correlation between historical values of Yunnan Yuntianhua'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 Yuntianhua Co 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 Yuntianhua's Net Tangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.97
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 Yuntianhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunnan Yuntianhua 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 Yuntianhua 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 1.9 B, whereas Tax Provision is forecasted to decline to about 578.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit8.7B12.2B10.5B8.5B
Research Development151.6M367.8M549.5M577.0M

Yunnan Yuntianhua fundamental ratios Correlations

0.780.920.030.12-0.230.770.780.730.310.930.790.960.850.430.880.280.86-0.09-0.13-0.120.120.110.430.120.37
0.780.82-0.270.05-0.480.640.60.680.260.730.790.810.570.160.59-0.10.71-0.5-0.36-0.190.24-0.180.550.270.31
0.920.82-0.280.01-0.520.890.760.830.430.850.940.980.730.240.67-0.040.81-0.3-0.4-0.250.43-0.070.560.380.31
0.03-0.27-0.280.050.93-0.350.03-0.44-0.350.01-0.5-0.190.410.770.170.470.070.770.970.35-0.810.52-0.24-0.840.39
0.120.050.010.050.06-0.03-0.020.27-0.2-0.010.010.10.07-0.160.310.21-0.14-0.08-0.130.030.07-0.2-0.280.15-0.36
-0.23-0.48-0.520.930.06-0.48-0.29-0.53-0.31-0.17-0.69-0.430.150.49-0.020.5-0.240.760.940.49-0.840.35-0.55-0.760.09
0.770.640.89-0.35-0.03-0.480.540.890.530.740.930.870.550.030.56-0.050.64-0.22-0.450.030.47-0.240.370.60.16
0.780.60.760.03-0.02-0.290.540.39-0.030.650.660.740.720.560.47-0.070.83-0.11-0.06-0.360.140.530.730.020.63
0.730.680.83-0.440.27-0.530.890.390.640.650.880.830.44-0.160.61-0.040.51-0.38-0.57-0.050.53-0.380.220.64-0.08
0.310.260.43-0.35-0.2-0.310.53-0.030.640.280.460.40.12-0.230.24-0.060.21-0.24-0.360.020.25-0.34-0.030.36-0.21
0.930.730.850.01-0.01-0.170.740.650.650.280.720.90.820.330.820.410.72-0.08-0.110.00.050.010.240.130.21
0.790.790.94-0.50.01-0.690.930.660.880.460.720.910.5-0.010.54-0.190.71-0.44-0.6-0.250.56-0.20.590.610.23
0.960.810.98-0.190.1-0.430.870.740.830.40.90.910.770.260.790.130.81-0.24-0.34-0.180.35-0.070.470.330.26
0.850.570.730.410.070.150.550.720.440.120.820.50.770.730.710.30.80.280.28-0.03-0.150.280.31-0.260.49
0.430.160.240.77-0.160.490.030.56-0.16-0.230.33-0.010.260.730.340.180.610.580.72-0.02-0.490.670.38-0.710.79
0.880.590.670.170.31-0.020.560.470.610.240.820.540.790.710.340.620.640.05-0.030.04-0.04-0.020.1-0.010.14
0.28-0.1-0.040.470.210.5-0.05-0.07-0.04-0.060.41-0.190.130.30.180.620.00.350.360.38-0.470.07-0.55-0.33-0.23
0.860.710.810.07-0.14-0.240.640.830.510.210.720.710.810.80.610.640.00.04-0.02-0.270.090.340.73-0.090.73
-0.09-0.5-0.30.77-0.080.76-0.22-0.11-0.38-0.24-0.08-0.44-0.240.280.580.050.350.040.780.29-0.590.44-0.24-0.660.34
-0.13-0.36-0.40.97-0.130.94-0.45-0.06-0.57-0.36-0.11-0.6-0.340.280.72-0.030.36-0.020.780.36-0.840.55-0.25-0.870.39
-0.12-0.19-0.250.350.030.490.03-0.36-0.050.020.0-0.25-0.18-0.03-0.020.040.38-0.270.290.36-0.35-0.18-0.57-0.04-0.2
0.120.240.43-0.810.07-0.840.470.140.530.250.050.560.35-0.15-0.49-0.04-0.470.09-0.59-0.84-0.35-0.410.340.77-0.24
0.11-0.18-0.070.52-0.20.35-0.240.53-0.38-0.340.01-0.2-0.070.280.67-0.020.070.340.440.55-0.18-0.410.32-0.590.63
0.430.550.56-0.24-0.28-0.550.370.730.22-0.030.240.590.470.310.380.1-0.550.73-0.24-0.25-0.570.340.320.080.76
0.120.270.38-0.840.15-0.760.60.020.640.360.130.610.33-0.26-0.71-0.01-0.33-0.09-0.66-0.87-0.040.77-0.590.08-0.43
0.370.310.310.39-0.360.090.160.63-0.08-0.210.210.230.260.490.790.14-0.230.730.340.39-0.2-0.240.630.76-0.43
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Yunnan Yuntianhua Account Relationship Matchups

Yunnan Yuntianhua fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets60.0B52.8B53.2B53.2B52.6B38.0B
Other Current Liab4.8B4.8B5.5B6.2B249.2M236.8M
Total Current Liabilities47.3B38.7B33.0B23.4B17.7B23.2B
Total Stockholder Equity4.4B6.4B10.2B16.4B18.7B19.7B
Other Liab1.6B882.8M961.7M1.0B1.2B1.3B
Retained Earnings(2.6B)(2.6B)1.1B7.1B9.0B9.4B
Accounts Payable11.3B4.0B3.2B3.3B4.4B6.3B
Cash11.1B9.8B10.1B7.4B6.4B5.1B
Net Receivables5.4B2.3B954.5M1.8B903.1M857.9M
Short Term Investments19.0M1.5M11.9M620.6K85.9K81.6K
Inventory7.8B6.0B7.6B8.0B7.5B5.1B
Other Current Assets5.5B2.8B2.6B1.3B476.4M452.6M
Total Liab53.5B44.3B40.6B33.8B30.6B30.6B
Intangible Assets3.9B4.0B3.9B3.9B4.6B4.8B
Common Stock1.4B1.8B1.8B1.8B2.1B2.2B
Property Plant Equipment21.4B20.8B20.9B23.2B26.7B17.2B
Long Term Debt2.7B3.3B5.4B8.3B11.2B5.7B
Other Assets2.2B2.3B1.7B1.8B2.0B1.1B
Net Tangible Assets431.9M2.3B6.3B12.4B14.3B15.0B
Other Stockholder Equity(108.5M)11.3M54.4M160.0M144.0M151.2M
Deferred Long Term Liab1.4B1.5B811.3M803.5M723.1M979.7M
Short Long Term Debt28.6B27.9B21.9B10.0B5.9B5.6B
Total Current Assets29.8B23.2B23.5B20.7B17.3B21.8B
Non Current Assets Total30.2B29.7B29.6B32.5B35.3B25.7B
Non Currrent Assets Other365.2M22.2M11.7M176.5M94.9M90.1M
Non Current Liabilities Total6.2B5.7B7.5B10.4B12.9B9.1B
Non Current Liabilities Other73.6M168.9M1.4B231.8M424.8M340.6M
Net Debt20.2B21.4B17.2B10.9B10.6B13.1B
Common Stock Shares Outstanding1.4B1.4B1.8B1.8B1.8B1.7B
Net Invested Capital35.7B37.6B37.5B34.7B35.8B38.5B
Net Working Capital(17.5B)(15.5B)(9.5B)(2.7B)(380.9M)(399.9M)
Capital Stock1.4B1.8B1.8B1.8B1.8B1.9B

Currently Active Assets on Macroaxis

Other Information on Investing in Yunnan Stock

Balance Sheet is a snapshot of the financial position of Yunnan Yuntianhua at a specified time, usually calculated after every quarter, six months, or one year. Yunnan Yuntianhua Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yunnan Yuntianhua 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.