Amlogic Net Income vs Reconciled Depreciation Analysis

688099 Stock   78.38  0.02  0.03%   
Amlogic Shanghai financial indicator trend analysis is way more than just evaluating Amlogic Shanghai prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amlogic Shanghai is a good investment. Please check the relationship between Amlogic Shanghai Net Income and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amlogic Shanghai 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.

Net Income vs Reconciled Depreciation

Net Income vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amlogic Shanghai Net Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Amlogic Shanghai's Net Income and Reconciled Depreciation is 0.88. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Amlogic Shanghai Co, assuming nothing else is changed. The correlation between historical values of Amlogic Shanghai's Net Income and Reconciled Depreciation 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 Income of Amlogic Shanghai Co are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Net Income i.e., Amlogic Shanghai's Net Income and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Amlogic Shanghai financial statement analysis. It represents the amount of money remaining after all of Amlogic Shanghai Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Reconciled Depreciation

Most indicators from Amlogic Shanghai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amlogic Shanghai 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 Amlogic Shanghai 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 Tax Provision is expected to grow to about 7.8 M, whereas Selling General Administrative is forecasted to decline to about 132 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.1B2.0B1.3B
Total Revenue4.8B5.5B5.4B3.6B

Amlogic Shanghai fundamental ratios Correlations

0.10.931.00.940.940.90.870.980.980.840.990.70.960.930.65-0.850.940.980.881.00.90.860.950.870.99
0.10.350.060.04-0.09-0.070.390.10.120.220.170.090.130.22-0.52-0.260.330.17-0.070.10.34-0.060.08-0.10.06
0.930.350.910.860.860.830.990.920.920.920.950.780.880.870.5-0.911.00.940.750.930.970.80.910.810.89
1.00.060.910.940.940.90.850.980.980.830.980.680.960.920.66-0.830.920.980.891.00.870.860.940.870.99
0.940.040.860.940.870.760.840.970.880.780.910.80.950.780.52-0.690.880.930.720.940.850.880.970.870.91
0.94-0.090.860.940.870.970.810.930.930.790.90.670.90.870.82-0.860.880.890.850.940.840.820.870.960.95
0.9-0.070.830.90.760.970.760.850.920.730.860.560.840.90.86-0.870.840.860.850.890.790.720.80.890.92
0.870.390.990.850.840.810.760.880.860.910.90.810.840.80.41-0.870.980.890.670.870.980.790.890.780.82
0.980.10.920.980.970.930.850.880.930.870.960.750.950.850.59-0.820.930.960.820.990.890.870.940.90.96
0.980.120.920.980.880.930.920.860.930.810.980.640.930.970.67-0.860.930.970.890.980.880.810.930.820.98
0.840.220.920.830.780.790.730.910.870.810.870.760.730.70.5-0.880.910.860.740.850.880.80.80.740.8
0.990.170.950.980.910.90.860.90.960.980.870.70.920.930.6-0.850.951.00.850.980.90.830.950.80.97
0.70.090.780.680.80.670.560.810.750.640.760.70.670.550.4-0.530.780.680.50.710.840.860.830.690.62
0.960.130.880.960.950.90.840.840.950.930.730.920.670.890.53-0.780.90.930.80.960.880.840.940.880.94
0.930.220.870.920.780.870.90.80.850.970.70.930.550.890.62-0.830.880.910.870.920.850.730.850.730.93
0.65-0.520.50.660.520.820.860.410.590.670.50.60.40.530.62-0.60.510.580.70.640.460.560.560.740.69
-0.85-0.26-0.91-0.83-0.69-0.86-0.87-0.87-0.82-0.86-0.88-0.85-0.53-0.78-0.83-0.6-0.9-0.84-0.81-0.85-0.86-0.68-0.73-0.79-0.84
0.940.331.00.920.880.880.840.980.930.930.910.950.780.90.880.51-0.90.950.760.940.970.810.920.830.91
0.980.170.940.980.930.890.860.890.960.970.861.00.680.930.910.58-0.840.950.810.980.880.80.950.820.97
0.88-0.070.750.890.720.850.850.670.820.890.740.850.50.80.870.7-0.810.760.810.870.760.830.770.710.87
1.00.10.931.00.940.940.890.870.990.980.850.980.710.960.920.64-0.850.940.980.870.90.860.950.880.99
0.90.340.970.870.850.840.790.980.890.880.880.90.840.880.850.46-0.860.970.880.760.90.870.90.80.84
0.86-0.060.80.860.880.820.720.790.870.810.80.830.860.840.730.56-0.680.810.80.830.860.870.90.770.79
0.950.080.910.940.970.870.80.890.940.930.80.950.830.940.850.56-0.730.920.950.770.950.90.90.820.91
0.87-0.10.810.870.870.960.890.780.90.820.740.80.690.880.730.74-0.790.830.820.710.880.80.770.820.88
0.990.060.890.990.910.950.920.820.960.980.80.970.620.940.930.69-0.840.910.970.870.990.840.790.910.88
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Amlogic Shanghai Account Relationship Matchups

Amlogic Shanghai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3B3.7B5.1B5.9B6.4B3.8B
Other Current Liab99.4M127.4M274.6M197.6M61.8M58.7M
Total Current Liabilities458.5M703.3M1.1B837.4M799.5M683.2M
Total Stockholder Equity2.8B2.9B3.9B4.9B5.5B3.0B
Other Liab28.1M62.5M59.1M56.4M64.9M41.3M
Net Tangible Assets2.7B2.8B3.7B4.7B5.4B5.6B
Retained Earnings423.6M489.1M1.3B1.9B2.1B2.2B
Accounts Payable211.6M407.6M610.6M410.7M357.5M343.3M
Cash1.7B1.9B2.3B2.2B2.5B1.6B
Non Current Assets Total461.8M558.9M909.8M1.2B1.2B693.0M
Non Currrent Assets Other3.5M14.0M18.1M8.6M14.7M9.9M
Other Assets116.6M130.9M164.5M217.4M250.0M142.1M
Net Receivables263.2M222.4M332.5M130.9M218.0M226.9M
Non Current Liabilities Total62.5M59.1M62.5M96.1M67.5M54.3M
Inventory462.7M330.2M1.1B1.5B1.2B764.6M
Other Current Assets34.9M14.3M25.9M59.6M170.4M179.0M
Other Stockholder Equity(29.6M)(24.0M)(45.4M)(53.7M)(48.3M)(50.7M)
Total Liab521.0M762.4M1.1B933.5M867.0M737.4M
Deferred Long Term Liab83.3M105.0M130.6M159.0M182.8M108.3M
Short Long Term Debt25.8M34.3M35.3M59.4M60.2M41.6M
Total Current Assets2.9B3.1B4.1B4.7B5.1B3.1B
Intangible Assets95.8M122.2M180.3M149.3M118.5M124.2M
Property Plant Equipment192.5M223.9M229.9M271.7M312.5M174.4M
Net Invested Capital2.8B3.0B3.9B5.0B5.5B3.5B
Net Working Capital2.4B2.4B3.1B3.9B4.3B2.7B

Currently Active Assets on Macroaxis

Other Information on Investing in Amlogic Stock

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