Qianhe Other Non Cash Items vs Change To Operating Activities Analysis

603027 Stock   12.81  0.03  0.23%   
Qianhe CondimentFood financial indicator trend analysis is much more than just breaking down Qianhe CondimentFood prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qianhe CondimentFood is a good investment. Please check the relationship between Qianhe CondimentFood Other Non Cash Items and its Change To Operating Activities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qianhe CondimentFood 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 Non Cash Items vs Change To Operating Activities

Other Non Cash Items vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qianhe CondimentFood Other Non Cash Items account and Change To Operating Activities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Qianhe CondimentFood's Other Non Cash Items and Change To Operating Activities is 0.19. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Qianhe CondimentFood Co, assuming nothing else is changed. The correlation between historical values of Qianhe CondimentFood's Other Non Cash Items and Change To Operating Activities 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 Non Cash Items of Qianhe CondimentFood Co are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Other Non Cash Items i.e., Qianhe CondimentFood's Other Non Cash Items and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Non Cash Items

Change To Operating Activities

Most indicators from Qianhe CondimentFood's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qianhe CondimentFood 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 Qianhe CondimentFood 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.
As of December 26, 2024, Selling General Administrative is expected to decline to about 251.5 M. In addition to that, Tax Provision is expected to decline to about 51.5 M
 2021 2022 2023 2024 (projected)
Operating Income260.2M408.7M592.4M622.1M
Total Revenue1.9B2.4B3.2B3.4B

Qianhe CondimentFood fundamental ratios Correlations

0.590.730.990.740.990.940.870.6-0.040.750.980.180.720.770.960.980.880.990.910.670.060.26-0.780.850.92
0.590.880.530.60.590.690.270.41-0.150.830.580.350.840.60.610.630.690.570.680.260.570.19-0.460.70.6
0.730.880.680.740.730.850.510.470.090.80.720.40.940.670.710.750.80.720.80.410.370.22-0.60.850.79
0.990.530.680.740.990.910.880.61-0.050.720.980.110.650.770.960.970.870.980.910.70.010.2-0.80.840.91
0.740.60.740.740.790.660.440.81-0.040.810.790.00.620.870.850.810.920.680.910.740.31-0.02-0.820.780.84
0.990.590.730.990.790.920.820.66-0.030.790.990.160.70.820.981.00.910.970.930.690.110.24-0.810.840.91
0.940.690.850.910.660.920.840.440.070.710.910.280.810.660.860.910.80.950.830.520.070.24-0.710.880.86
0.870.270.510.880.440.820.840.27-0.070.360.820.070.50.440.740.770.60.920.680.5-0.360.16-0.620.760.8
0.60.410.470.610.810.660.440.270.10.740.60.050.430.840.70.680.760.520.710.850.510.16-0.630.410.6
-0.04-0.150.09-0.05-0.04-0.030.07-0.070.10.02-0.060.260.090.06-0.13-0.01-0.04-0.08-0.14-0.050.020.180.13-0.15-0.12
0.750.830.80.720.810.790.710.360.740.020.760.30.80.920.810.830.90.680.860.550.590.36-0.560.660.74
0.980.580.720.980.790.990.910.820.6-0.060.760.10.660.770.980.980.90.960.920.640.030.14-0.850.880.9
0.180.350.40.110.00.160.280.070.050.260.30.10.630.060.10.180.250.20.14-0.10.50.79-0.020.070.16
0.720.840.940.650.620.70.810.50.430.090.80.660.630.650.660.730.770.710.760.350.480.54-0.460.710.76
0.770.60.670.770.870.820.660.440.840.060.920.770.060.650.820.840.890.690.890.710.390.26-0.580.640.8
0.960.610.710.960.850.980.860.740.7-0.130.810.980.10.660.820.980.930.930.940.710.160.16-0.870.840.89
0.980.630.750.970.811.00.910.770.68-0.010.830.980.180.730.840.980.920.950.940.680.180.26-0.80.830.9
0.880.690.80.870.920.910.80.60.76-0.040.90.90.250.770.890.930.920.840.970.720.330.25-0.790.830.92
0.990.570.720.980.680.970.950.920.52-0.080.680.960.20.710.690.930.950.840.880.630.00.25-0.760.860.91
0.910.680.80.910.910.930.830.680.71-0.140.860.920.140.760.890.940.940.970.880.710.230.22-0.770.870.97
0.670.260.410.70.740.690.520.50.85-0.050.550.64-0.10.350.710.710.680.720.630.710.250.04-0.680.490.68
0.060.570.370.010.310.110.07-0.360.510.020.590.030.50.480.390.160.180.330.00.230.250.44-0.06-0.050.06
0.260.190.220.2-0.020.240.240.160.160.180.360.140.790.540.260.160.260.250.250.220.040.440.16-0.050.21
-0.78-0.46-0.6-0.8-0.82-0.81-0.71-0.62-0.630.13-0.56-0.85-0.02-0.46-0.58-0.87-0.8-0.79-0.76-0.77-0.68-0.060.16-0.78-0.75
0.850.70.850.840.780.840.880.760.41-0.150.660.880.070.710.640.840.830.830.860.870.49-0.05-0.05-0.780.91
0.920.60.790.910.840.910.860.80.6-0.120.740.90.160.760.80.890.90.920.910.970.680.060.21-0.750.91
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Qianhe CondimentFood Account Relationship Matchups

Qianhe CondimentFood fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.2B2.4B3.2B4.3B4.5B
Other Current Liab149.1M65.4M88.7M355.6M118.6M87.8M
Total Current Liabilities275.3M238.8M275.7M776.1M563.2M289.4M
Total Stockholder Equity1.6B1.9B2.1B2.4B3.7B3.8B
Other Liab18.7M29.7M48.8M47.5M54.6M28.4M
Retained Earnings771.8M916.8M1.1B1.2B1.6B1.6B
Accounts Payable83.3M71.6M85.6M193.0M192.4M202.0M
Cash86.1M117.5M197.0M409.3M1.6B1.7B
Other Assets17.2M28.5M51.5M28.0M32.2M21.9M
Net Receivables171.5M124.1M145.4M200.2M136.8M99.5M
Inventory318.8M395.0M585.3M595.3M748.7M786.1M
Other Current Assets34.9M23.5M41.0M150.1M20.5M19.5M
Total Liab463.0M287.6M323.6M818.6M615.4M366.5M
Intangible Assets121.4M105.3M103.3M97.7M123.8M77.0M
Common Stock326.2M465.9M665.7M798.8M918.6M964.5M
Property Plant Equipment890.7M967.1M1.1B1.2B1.4B1.5B
Net Tangible Assets1.4B1.8B2.0B2.3B2.6B1.5B
Total Current Assets954.2M1.1B1.1B1.8B2.5B2.7B
Non Current Assets Total1.1B1.1B1.3B1.4B1.7B1.2B
Non Currrent Assets Other13.5M32.7M10.0M13.7M27.5M17.9M
Short Term Investments343M390M160M410M10M9.5M
Non Current Liabilities Total187.7M48.8M47.9M42.4M52.3M72.7M
Deferred Long Term Liab248.8K315.0K452.6K46.9K42.2K40.1K
Common Stock Shares Outstanding652.2M665.7M798.8M965.5M1.0B846.7M
Net Invested Capital1.8B1.9B2.1B2.4B3.7B2.3B
Net Working Capital678.9M822.9M863.5M1.0B2.0B1.0B
Capital Stock465.9M665.7M798.8M965.5M1.0B779.1M

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Other Information on Investing in Qianhe Stock

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