Yunnan Net Tangible Assets vs Intangible Assets Analysis

600497 Stock   5.75  0.07  1.23%   
Yunnan Chihong financial indicator trend analysis is more than just analyzing Yunnan Chihong ZincG current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunnan Chihong ZincG is a good investment. Please check the relationship between Yunnan Chihong Net Tangible Assets and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yunnan Chihong ZincGermanium. 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 Intangible Assets

Net Tangible Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yunnan Chihong ZincG Net Tangible Assets account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Yunnan Chihong's Net Tangible Assets and Intangible Assets is 0.59. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Yunnan Chihong ZincGermanium, assuming nothing else is changed. The correlation between historical values of Yunnan Chihong's Net Tangible Assets 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 Net Tangible Assets of Yunnan Chihong ZincGermanium 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 Net Tangible Assets i.e., Yunnan Chihong's Net Tangible Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Yunnan Chihong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunnan Chihong ZincG 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 Chihong ZincGermanium. 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 504.6 M, whereas Tax Provision is forecasted to decline to about 207.1 M.
 2021 2022 2023 2024 (projected)
Operating Income1.9B2.2B2.1B1.1B
Total Revenue21.7B21.9B22.0B13.2B

Yunnan Chihong fundamental ratios Correlations

0.210.730.520.110.450.770.690.80.720.450.86-0.230.790.880.440.970.38-0.110.320.340.460.110.170.180.31
0.210.42-0.39-0.310.21-0.190.0-0.010.490.240.370.560.47-0.08-0.470.33-0.15-0.48-0.47-0.23-0.280.150.370.06-0.14
0.730.42-0.03-0.290.00.50.540.740.780.790.790.090.950.37-0.060.810.48-0.35-0.230.050.340.420.580.450.14
0.52-0.39-0.030.610.510.580.380.44-0.08-0.210.4-0.46-0.030.730.970.380.110.420.930.640.52-0.22-0.5-0.270.2
0.11-0.31-0.290.610.430.160.01-0.18-0.18-0.310.05-0.11-0.210.310.570.07-0.290.730.440.06-0.19-0.58-0.84-0.51-0.03
0.450.210.00.510.430.36-0.070.130.09-0.480.33-0.130.080.570.290.43-0.540.050.40.35-0.2-0.36-0.44-0.59-0.18
0.77-0.190.50.580.160.360.460.640.310.180.64-0.170.470.740.550.730.250.00.480.470.530.030.040.00.33
0.690.00.540.380.01-0.070.460.620.520.680.6-0.140.580.540.420.630.60.040.30.010.550.520.110.710.14
0.8-0.010.740.44-0.180.130.640.620.560.510.78-0.450.690.680.430.740.56-0.140.310.390.690.360.330.340.29
0.720.490.78-0.08-0.180.090.310.520.560.670.640.010.930.44-0.150.780.32-0.32-0.35-0.250.050.240.420.350.15
0.450.240.79-0.21-0.31-0.480.180.680.510.670.510.110.770.11-0.130.50.72-0.18-0.35-0.210.370.580.580.80.14
0.860.370.790.40.050.330.640.60.780.640.510.080.790.620.340.870.35-0.050.180.250.410.220.190.240.15
-0.230.560.09-0.46-0.11-0.13-0.17-0.14-0.450.010.110.080.06-0.52-0.45-0.1-0.22-0.18-0.45-0.38-0.380.110.130.08-0.24
0.790.470.95-0.03-0.210.080.470.580.690.930.770.790.060.46-0.080.870.42-0.32-0.28-0.090.210.330.490.410.16
0.88-0.080.370.730.310.570.740.540.680.440.110.62-0.520.460.650.790.280.070.590.490.46-0.15-0.09-0.060.42
0.44-0.47-0.060.970.570.290.550.420.43-0.15-0.130.34-0.45-0.080.650.290.260.450.930.620.62-0.19-0.45-0.170.32
0.970.330.810.380.070.430.730.630.740.780.50.87-0.10.870.790.290.31-0.110.150.230.320.110.230.180.23
0.38-0.150.480.11-0.29-0.540.250.60.560.320.720.35-0.220.420.280.260.31-0.20.090.220.750.310.570.650.64
-0.11-0.48-0.350.420.730.050.00.04-0.14-0.32-0.18-0.05-0.18-0.320.070.45-0.11-0.20.34-0.05-0.14-0.36-0.71-0.22-0.19
0.32-0.47-0.230.930.440.40.480.30.31-0.35-0.350.18-0.45-0.280.590.930.150.090.340.710.58-0.15-0.46-0.220.2
0.34-0.230.050.640.060.350.470.010.39-0.25-0.210.25-0.38-0.090.490.620.230.22-0.050.710.64-0.140.07-0.280.31
0.46-0.280.340.52-0.19-0.20.530.550.690.050.370.41-0.380.210.460.620.320.75-0.140.580.640.40.310.410.45
0.110.150.42-0.22-0.58-0.360.030.520.360.240.580.220.110.33-0.15-0.190.110.31-0.36-0.15-0.140.40.410.81-0.38
0.170.370.58-0.5-0.84-0.440.040.110.330.420.580.190.130.49-0.09-0.450.230.57-0.71-0.460.070.310.410.490.32
0.180.060.45-0.27-0.51-0.590.00.710.340.350.80.240.080.41-0.06-0.170.180.65-0.22-0.22-0.280.410.810.490.0
0.31-0.140.140.2-0.03-0.180.330.140.290.150.140.15-0.240.160.420.320.230.64-0.190.20.310.45-0.380.320.0
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Yunnan Chihong Account Relationship Matchups

Yunnan Chihong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.4B29.2B28.6B26.6B26.6B19.7B
Other Current Liab662.0M1.1B879.8M626.8M10.1M9.6M
Total Current Liabilities10.1B6.5B6.0B4.5B4.2B6.2B
Total Stockholder Equity14.9B14.6B14.8B14.9B15.8B16.6B
Other Liab725.0M434.0M849.1M1.3B1.5B1.5B
Retained Earnings1.6B1.4B1.8B1.8B1.3B909.4M
Accounts Payable1.6B1.6B1.4B1.4B1.5B1.0B
Cash857.7M830.3M1.2B1.1B1.5B1.0B
Other Assets1.1B939.0M822.1M537.8M618.5M778.0M
Long Term Debt3.3B5.3B4.5B3.5B2.4B3.7B
Net Receivables262.4M18.2M18.6M6.6M155.5M238.7M
Inventory1.8B1.6B1.5B1.5B1.6B1.4B
Other Current Assets61.5M163.3M223.1M271.7M153.9M146.2M
Total Liab13.7B12.2B11.4B9.4B8.3B10.3B
Intangible Assets11.6B10.9B11.3B11.3B11.5B5.9B
Property Plant Equipment15.1B14.6B13.3B11.6B13.3B9.7B
Short Term Investments3.6M97.1K92.1K79.5K21.9K20.8K
Net Tangible Assets3.3B3.7B3.5B3.6B4.1B2.3B
Other Stockholder Equity12.2M(98.1M)(228.5M)(193.0M)(222.0M)(233.1M)
Deferred Long Term Liab389.2M336.6M279.1M286.1M257.5M285.0M
Short Long Term Debt4.6B3.6B2.7B866.9M710.4M674.8M
Total Current Assets3.0B2.7B3.0B3.0B3.4B3.0B
Non Current Assets Total28.3B26.6B25.6B23.6B23.1B21.0B
Non Currrent Assets Other670.7M515.0M449.5M65.3M69.0M65.6M
Non Current Liabilities Total3.5B5.7B5.4B4.8B4.1B4.3B
Non Current Liabilities Other3.8B2.6B150.7M1.2B1.6B2.7B
Net Debt6.4B8.1B6.0B3.3B1.6B1.5B
Net Invested Capital22.1B23.6B22.0B19.3B18.9B17.3B
Net Working Capital(7.1B)(3.8B)(3.0B)(1.5B)(756.3M)(794.1M)

Currently Active Assets on Macroaxis

Other Information on Investing in Yunnan Stock

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