Sichuan Selling General Administrative vs Non Current Assets Total Analysis

603317 Stock   14.84  0.69  4.88%   
Sichuan Teway financial indicator trend analysis is much more than just breaking down Sichuan Teway Food prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Teway Food is a good investment. Please check the relationship between Sichuan Teway Selling General Administrative and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Teway Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative vs Non Current Assets Total

Selling General Administrative vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Teway Food Selling General Administrative account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sichuan Teway's Selling General Administrative and Non Current Assets Total is 0.84. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Sichuan Teway Food, assuming nothing else is changed. The correlation between historical values of Sichuan Teway's Selling General Administrative and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Sichuan Teway Food are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Selling General Administrative i.e., Sichuan Teway's Selling General Administrative and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Selling General Administrative

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Sichuan Teway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Teway Food 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 Teway Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of December 11, 2024, Tax Provision is expected to decline to about 53.2 M. In addition to that, Selling General Administrative is expected to decline to about 376.2 M
 2021 2022 2023 2024 (projected)
Net Interest Income34.8M18.2M11.7M12.4M
Tax Provision31.7M63.2M70.0M53.2M

Sichuan Teway fundamental ratios Correlations

0.550.951.00.871.00.980.840.560.90.870.870.520.79-0.140.950.980.910.940.980.830.831.00.960.930.95
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0.870.330.750.880.880.820.710.440.830.960.690.720.53-0.130.760.840.970.860.920.750.710.880.840.780.88
1.00.540.931.00.880.970.810.570.890.860.860.520.78-0.140.940.980.920.930.980.790.830.990.960.930.94
0.980.590.940.980.820.970.840.490.890.840.90.50.76-0.070.950.960.850.890.950.830.80.980.930.930.92
0.840.220.870.820.710.810.840.30.850.810.80.280.63-0.170.870.790.70.890.830.980.890.840.760.850.92
0.560.450.360.590.440.570.490.30.150.430.230.510.81-0.090.370.70.590.490.450.20.270.590.760.470.37
0.90.390.940.880.830.890.890.850.150.820.880.350.51-0.150.940.80.80.90.940.890.850.880.740.830.95
0.870.280.750.880.960.860.840.810.430.820.730.720.53-0.150.750.840.930.880.90.840.720.890.840.790.89
0.870.350.870.850.690.860.90.80.230.880.730.250.51-0.290.870.80.70.80.870.810.860.850.770.930.88
0.520.50.30.560.720.520.50.280.510.350.720.250.33-0.070.310.560.710.450.510.340.080.560.60.310.38
0.790.590.750.790.530.780.760.630.810.510.530.510.330.10.750.860.640.710.690.540.60.790.860.710.66
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0.950.541.00.930.760.940.950.870.370.940.750.870.310.75-0.120.90.790.910.940.860.870.930.840.890.94
0.980.580.890.990.840.980.960.790.70.80.840.80.560.86-0.130.90.90.90.940.750.770.990.990.910.89
0.910.420.780.930.970.920.850.70.590.80.930.70.710.64-0.230.790.90.910.940.710.70.920.90.780.88
0.940.370.910.940.860.930.890.890.490.90.880.80.450.71-0.240.910.90.910.950.890.850.940.880.850.96
0.980.450.940.980.920.980.950.830.450.940.90.870.510.69-0.160.940.940.940.950.840.850.970.90.90.97
0.830.230.860.810.750.790.830.980.20.890.840.810.340.54-0.170.860.750.710.890.840.860.830.720.810.91
0.830.090.870.810.710.830.80.890.270.850.720.860.080.6-0.160.870.770.70.850.850.860.820.730.920.94
1.00.530.931.00.880.990.980.840.590.880.890.850.560.79-0.140.930.990.920.940.970.830.820.970.930.94
0.960.550.840.970.840.960.930.760.760.740.840.770.60.86-0.130.840.990.90.880.90.720.730.970.890.86
0.930.330.890.920.780.930.930.850.470.830.790.930.310.71-0.190.890.910.780.850.90.810.920.930.890.93
0.950.30.940.940.880.940.920.920.370.950.890.880.380.66-0.170.940.890.880.960.970.910.940.940.860.93
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Sichuan Teway Account Relationship Matchups

Sichuan Teway fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B4.3B4.2B4.8B5.3B3.4B
Other Current Liab132.8M244.7M126.6M331.2M75.2M71.4M
Total Current Liabilities292.7M549.2M408.7M784.0M866.4M493.8M
Total Stockholder Equity1.8B3.7B3.8B4.0B4.3B2.9B
Other Liab7.7M11.2M17.7M12.9M14.9M11.8M
Net Tangible Assets1.8B3.7B3.8B4.0B4.6B2.5B
Retained Earnings942.6M1.2B1.2B1.5B1.4B1.1B
Accounts Payable114.4M258.2M242.2M390.3M551.0M578.6M
Cash676.3M2.7B1.3B449.5M466.7M904.4M
Non Current Assets Total400.6M611.6M1.1B1.7B1.9B943.9M
Other Assets4.5M58.9M192.0M109.9M126.4M132.8M
Net Receivables14.7M11.2M13.6M17.1M19.6M13.5M
Non Current Liabilities Total7.7M11.2M17.7M12.9M5.7M11.1M
Inventory98.3M242.7M108.0M146.6M159.3M142.1M
Other Current Assets12.4M24.6M12.6M23.9M7.6M7.2M
Total Liab300.4M560.3M426.4M796.9M872.2M504.9M
Total Current Assets1.7B3.7B3.1B3.2B3.4B2.4B
Non Current Liabilities Other2.6M8.6M12.3M8.4M9.7M6.5M
Intangible Assets34.2M44.7M45.0M45.8M49.7M44.9M
Common Stock413.2M630.4M754.2M763.1M877.5M576.9M
Property Plant Equipment361.9M508.0M713.4M1.0B1.2B1.2B
Common Stock Shares Outstanding718.9M756.5M754.2M763.1M1.1B841.1M
Net Invested Capital1.8B3.7B3.8B4.0B4.3B3.1B
Net Working Capital1.4B3.1B2.7B2.4B2.5B2.1B
Capital Stock413.2M630.4M754.2M763.1M1.1B733.0M

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Other Information on Investing in Sichuan Stock

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