Sichuan Other Current Assets vs Property Plant Equipment Analysis

600779 Stock   47.81  0.42  0.89%   
Sichuan Swellfun financial indicator trend analysis is much more than just breaking down Sichuan Swellfun prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Swellfun is a good investment. Please check the relationship between Sichuan Swellfun Other Current Assets and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Swellfun 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.

Other Current Assets vs Property Plant Equipment

Other Current Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Swellfun Other Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sichuan Swellfun's Other Current Assets and Property Plant Equipment is 0.42. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Sichuan Swellfun Co, assuming nothing else is changed. The correlation between historical values of Sichuan Swellfun's Other Current Assets and Property Plant Equipment 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 Current Assets of Sichuan Swellfun Co are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Current Assets i.e., Sichuan Swellfun's Other Current Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Property Plant Equipment

Most indicators from Sichuan Swellfun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Swellfun 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 Swellfun 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 1.4 B, whereas Tax Provision is forecasted to decline to about 283.4 M.
 2022 2023 2024 2025 (projected)
Operating Income1.6B1.7B1.9B2.0B
Total Revenue4.7B5.0B5.7B6.0B

Sichuan Swellfun fundamental ratios Correlations

0.110.990.99-0.341.00.930.970.96-0.25-0.52-0.70.970.520.990.820.640.970.870.22-0.70.890.980.390.810.97
0.110.220.0-0.170.1-0.220.190.24-0.15-0.180.290.290.310.210.27-0.110.070.31-0.30.290.36-0.030.580.250.24
0.990.220.95-0.430.980.890.980.95-0.18-0.53-0.650.970.551.00.860.560.940.890.18-0.650.920.950.470.830.97
0.990.00.95-0.250.990.950.940.95-0.33-0.52-0.740.950.480.950.750.720.970.830.26-0.740.830.980.290.770.94
-0.34-0.17-0.43-0.25-0.35-0.28-0.46-0.28-0.220.480.17-0.3-0.44-0.41-0.60.03-0.29-0.4-0.160.17-0.46-0.32-0.28-0.43-0.37
1.00.10.980.99-0.350.930.970.96-0.26-0.55-0.70.970.510.980.820.650.980.880.26-0.70.880.980.360.810.97
0.93-0.220.890.95-0.280.930.870.86-0.14-0.42-0.770.840.410.890.680.620.920.740.36-0.770.740.950.230.680.86
0.970.190.980.94-0.460.970.870.95-0.27-0.59-0.650.960.630.980.860.620.90.870.23-0.650.920.930.460.860.94
0.960.240.950.95-0.280.960.860.95-0.4-0.59-0.620.960.620.950.730.680.940.860.21-0.620.880.920.520.790.94
-0.25-0.15-0.18-0.33-0.22-0.26-0.14-0.27-0.40.60.09-0.35-0.48-0.18-0.13-0.74-0.2-0.22-0.090.09-0.25-0.18-0.14-0.26-0.2
-0.52-0.18-0.53-0.520.48-0.55-0.42-0.59-0.590.60.28-0.56-0.69-0.52-0.63-0.59-0.51-0.55-0.250.28-0.59-0.5-0.36-0.54-0.56
-0.70.29-0.65-0.740.17-0.7-0.77-0.65-0.620.090.28-0.62-0.1-0.66-0.46-0.62-0.69-0.33-0.031.0-0.35-0.74-0.11-0.37-0.63
0.970.290.970.95-0.30.970.840.960.96-0.35-0.56-0.620.540.970.810.650.920.870.1-0.620.90.920.460.820.96
0.520.310.550.48-0.440.510.410.630.62-0.48-0.69-0.10.540.540.60.510.420.640.19-0.10.720.430.610.660.47
0.990.211.00.95-0.410.980.890.980.95-0.18-0.52-0.660.970.540.860.560.950.890.18-0.660.910.960.470.820.97
0.820.270.860.75-0.60.820.680.860.73-0.13-0.63-0.460.810.60.860.390.750.810.12-0.460.860.790.370.760.84
0.64-0.110.560.720.030.650.620.620.68-0.74-0.59-0.620.650.510.560.390.60.520.19-0.620.530.620.130.510.56
0.970.070.940.97-0.290.980.920.90.94-0.2-0.51-0.690.920.420.950.750.60.860.29-0.690.830.980.330.730.96
0.870.310.890.83-0.40.880.740.870.86-0.22-0.55-0.330.870.640.890.810.520.860.34-0.330.980.840.390.870.88
0.22-0.30.180.26-0.160.260.360.230.21-0.09-0.25-0.030.10.190.180.120.190.290.34-0.030.230.29-0.210.30.17
-0.70.29-0.65-0.740.17-0.7-0.77-0.65-0.620.090.281.0-0.62-0.1-0.66-0.46-0.62-0.69-0.33-0.03-0.35-0.74-0.11-0.37-0.63
0.890.360.920.83-0.460.880.740.920.88-0.25-0.59-0.350.90.720.910.860.530.830.980.23-0.350.830.480.90.89
0.98-0.030.950.98-0.320.980.950.930.92-0.18-0.5-0.740.920.430.960.790.620.980.840.29-0.740.830.290.740.95
0.390.580.470.29-0.280.360.230.460.52-0.14-0.36-0.110.460.610.470.370.130.330.39-0.21-0.110.480.290.450.38
0.810.250.830.77-0.430.810.680.860.79-0.26-0.54-0.370.820.660.820.760.510.730.870.3-0.370.90.740.450.74
0.970.240.970.94-0.370.970.860.940.94-0.2-0.56-0.630.960.470.970.840.560.960.880.17-0.630.890.950.380.74
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Sichuan Swellfun Account Relationship Matchups

Sichuan Swellfun fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.4B5.9B7.0B8.4B9.7B10.2B
Other Current Liab1.4B2.0B2.2B29.6M34.0M32.3M
Total Current Liabilities2.2B3.2B3.6B4.0B4.6B4.8B
Total Stockholder Equity2.1B2.6B3.5B4.4B5.1B5.3B
Other Liab23.2M14.7M14.2M22.3M20.1M19.1M
Retained Earnings1.3B1.9B2.7B3.2B3.7B3.9B
Accounts Payable251.8M411.5M495.4M1.1B1.3B1.3B
Cash1.3B1.9B1.9B2.3B2.7B2.8B
Other Assets166.8M215.3M362.9M389.5M447.9M470.3M
Net Receivables1.9M7.5M3.5M2.2M2.0M1.9M
Inventory1.9B2.2B2.4B2.5B2.8B3.0B
Other Current Assets45.1M80.7M45.6M61.4M70.6M39.4M
Total Liab2.2B3.3B3.6B4.0B4.6B4.9B
Intangible Assets122.8M119.5M130.0M163.2M146.9M154.3M
Property Plant Equipment613.1M763.5M1.2B2.1B2.4B2.6B
Net Tangible Assets2.0B2.0B2.5B3.3B3.8B2.2B
Deferred Long Term Liab3.3M2.0M1.0M14.5M13.0M6.7M
Total Current Assets3.3B4.2B4.4B4.9B5.6B3.3B
Non Current Assets Total1.1B1.7B2.6B3.5B4.0B4.3B
Non Currrent Assets Other6.2M117.5M34.0M16.1M18.6M31.0M
Non Current Liabilities Total14.7M26.2M28.4M30.7M35.3M25.0M
Non Current Liabilities Other14.7M14.2M22.3M21.3M24.5M25.8M
Net Invested Capital2.1B2.6B3.5B4.4B5.1B2.9B
Net Working Capital1.0B953.8M849.5M903.6M813.3M804.7M
Property Plant And Equipment Net763.5M1.2B2.1B2.9B3.4B1.7B
Property Plant And Equipment Gross1.1B1.6B2.1B3.5B4.0B2.0B

Currently Active Assets on Macroaxis

Other Information on Investing in Sichuan Stock

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