Yunnan Inventory vs Short Term Investments Analysis

600883 Stock   7.60  0.11  1.47%   
Yunnan Bowin financial indicator trend analysis is more than just analyzing Yunnan Bowin Technology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunnan Bowin Technology is a good investment. Please check the relationship between Yunnan Bowin Inventory and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yunnan Bowin Technology. 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.

Inventory vs Short Term Investments

Inventory vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yunnan Bowin Technology Inventory account and Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Yunnan Bowin's Inventory and Short Term Investments is 0.24. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Yunnan Bowin Technology, assuming nothing else is changed. The correlation between historical values of Yunnan Bowin's Inventory and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Yunnan Bowin Technology are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Inventory i.e., Yunnan Bowin's Inventory and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory

Short Term Investments

Short Term Investments is an item under the current assets section of Yunnan Bowin balance sheet. It contains any investments Yunnan Bowin Technology undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Yunnan Bowin Technology can easily liquidate in the marketplace.
Most indicators from Yunnan Bowin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunnan Bowin Technology 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 Bowin Technology. 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.
As of December 1, 2024, Selling General Administrative is expected to decline to about 10.6 M. In addition to that, Tax Provision is expected to decline to 213.75
 2021 2022 2023 2024 (projected)
Income Before Tax55.5M80.6M95.1M99.8M
Cost Of Revenue31.2M13.3M21.4M39.3M

Yunnan Bowin fundamental ratios Correlations

-0.07-0.270.990.82-0.530.070.410.91-0.530.480.04-0.15-0.320.94-0.860.50.390.53-0.39-0.38-0.37-0.50.54-0.4-0.39
-0.070.34-0.1-0.24-0.030.5-0.380.050.14-0.65-0.270.53-0.16-0.090.050.03-0.32-0.390.560.480.560.41-0.340.470.53
-0.270.34-0.38-0.030.450.170.45-0.480.04-0.06-0.490.890.5-0.280.230.18-0.360.2-0.040.23-0.14-0.190.180.04-0.21
0.99-0.1-0.380.8-0.560.050.340.94-0.530.480.09-0.26-0.360.93-0.850.480.430.5-0.38-0.41-0.35-0.460.51-0.4-0.35
0.82-0.24-0.030.8-0.580.150.560.65-0.830.52-0.04-0.12-0.240.84-0.920.80.580.55-0.78-0.7-0.77-0.670.57-0.67-0.73
-0.53-0.030.45-0.56-0.58-0.290.2-0.630.57-0.07-0.380.340.65-0.620.74-0.44-0.510.050.270.40.20.080.030.290.11
0.070.50.170.050.15-0.29-0.290.27-0.32-0.24-0.30.24-0.440.26-0.340.36-0.23-0.360.0-0.03-0.030.41-0.410.380.16
0.41-0.380.450.340.560.2-0.290.04-0.380.62-0.240.270.570.28-0.280.380.230.86-0.64-0.39-0.68-0.870.85-0.59-0.85
0.910.05-0.480.940.65-0.630.270.04-0.440.310.07-0.29-0.580.93-0.830.390.310.22-0.18-0.28-0.15-0.160.22-0.16-0.07
-0.530.140.04-0.53-0.830.57-0.32-0.38-0.44-0.350.140.250.09-0.550.79-0.9-0.73-0.410.850.90.820.58-0.450.70.71
0.48-0.65-0.060.480.52-0.07-0.240.620.31-0.35-0.01-0.220.250.4-0.290.330.240.8-0.61-0.49-0.62-0.640.71-0.5-0.59
0.04-0.27-0.490.09-0.04-0.38-0.3-0.240.070.14-0.01-0.38-0.20.010.02-0.24-0.04-0.090.10.010.160.05-0.080.10.15
-0.150.530.89-0.26-0.120.340.240.27-0.290.25-0.22-0.380.27-0.140.19-0.03-0.550.050.270.530.170.040.010.290.07
-0.32-0.160.5-0.36-0.240.65-0.440.57-0.580.090.25-0.20.27-0.540.51-0.09-0.050.55-0.18-0.07-0.2-0.490.56-0.25-0.37
0.94-0.09-0.280.930.84-0.620.260.280.93-0.550.40.01-0.14-0.54-0.930.520.340.33-0.39-0.36-0.39-0.330.32-0.31-0.33
-0.860.050.23-0.85-0.920.74-0.34-0.28-0.830.79-0.290.020.190.51-0.93-0.72-0.56-0.280.570.590.550.39-0.310.470.47
0.50.030.180.480.8-0.440.360.380.39-0.90.33-0.24-0.03-0.090.52-0.720.550.36-0.75-0.74-0.74-0.50.39-0.55-0.61
0.39-0.32-0.360.430.58-0.51-0.230.230.31-0.730.24-0.04-0.55-0.050.34-0.560.550.32-0.66-0.8-0.57-0.570.41-0.87-0.58
0.53-0.390.20.50.550.05-0.360.860.22-0.410.8-0.090.050.550.33-0.280.360.32-0.6-0.46-0.61-0.910.98-0.67-0.72
-0.390.56-0.04-0.38-0.780.270.0-0.64-0.180.85-0.610.10.27-0.18-0.390.57-0.75-0.66-0.60.920.990.75-0.610.80.92
-0.380.480.23-0.41-0.70.4-0.03-0.39-0.280.9-0.490.010.53-0.07-0.360.59-0.74-0.8-0.460.920.870.63-0.50.780.77
-0.370.56-0.14-0.35-0.770.2-0.03-0.68-0.150.82-0.620.160.17-0.2-0.390.55-0.74-0.57-0.610.990.870.74-0.610.760.92
-0.50.41-0.19-0.46-0.670.080.41-0.87-0.160.58-0.640.050.04-0.49-0.330.39-0.5-0.57-0.910.750.630.74-0.950.850.86
0.54-0.340.180.510.570.03-0.410.850.22-0.450.71-0.080.010.560.32-0.310.390.410.98-0.61-0.5-0.61-0.95-0.72-0.74
-0.40.470.04-0.4-0.670.290.38-0.59-0.160.7-0.50.10.29-0.25-0.310.47-0.55-0.87-0.670.80.780.760.85-0.720.82
-0.390.53-0.21-0.35-0.730.110.16-0.85-0.070.71-0.590.150.07-0.37-0.330.47-0.61-0.58-0.720.920.770.920.86-0.740.82
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Yunnan Bowin Account Relationship Matchups

Yunnan Bowin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets696.5M724.9M777.3M874.0M963.9M688.5M
Other Current Liab9.1M9.9M13.0M21.2M80.9K76.9K
Total Current Liabilities11.4M11.1M14.0M26.7M32.3M58.6M
Total Stockholder Equity661.0M689.8M739.1M818.2M903.5M581.6M
Retained Earnings339.4M360.7M408.1M388.4M449.2M471.6M
Accounts Payable1.9M705.2K529.2K2.5M2.5M2.3M
Cash127.7M130.5M92.8M48.0M107.1M140.5M
Other Assets37.7K112.3K101.0K30.9M35.6M37.3M
Net Receivables515.5K27.8K7.7K745.7K868.3K824.9K
Inventory8.9M12.1M11.3M9.9M21.8M12.8M
Other Current Assets2.2M1.7M30.6M6.5M3.2M3.0M
Total Liab35.5M35.1M38.2M48.0M53.7M72.7M
Intangible Assets1.8M1.7M1.6M9.9M9.1M5.7M
Property Plant Equipment12.2M10.5M8.9M10.7M9.7M9.2M
Other Liab24.3M24.1M24.0M23.7M27.2M28.6M
Short Term Investments201.8M198.8M151.1M165.9M91.6M93.9M
Net Tangible Assets659.2M688.1M737.5M808.3M929.5M757.9M
Other Stockholder Equity78.9M78.4M77.5M78.2M70.4M65.5M
Deferred Long Term Liab37.7K112.3K100.8K116.9K105.2K207.2K
Total Current Assets341.2M343.2M286.2M231.3M228.1M261.9M
Non Current Assets Total355.3M381.6M491.1M642.7M735.8M491.7M
Non Currrent Assets Other314.4M318.0M30M30.8M31.8M30.2M
Non Current Liabilities Total24.1M24.0M24.1M21.4M21.5M19.1M
Net Invested Capital661.0M689.8M739.1M818.2M906.0M806.2M
Net Working Capital329.7M332.1M272.2M204.6M195.9M236.2M

Currently Active Assets on Macroaxis

Other Information on Investing in Yunnan Stock

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