Chison Intangible Assets vs Property Plant And Equipment Net Analysis

688358 Stock   27.10  0.59  2.23%   
Chison Medical financial indicator trend analysis is way more than just evaluating Chison Medical Techn prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chison Medical Techn is a good investment. Please check the relationship between Chison Medical Intangible Assets and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chison Medical Technologies. 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.

Intangible Assets vs Property Plant And Equipment Net

Intangible Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chison Medical Techn Intangible Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Chison Medical's Intangible Assets and Property Plant And Equipment Net is 0.7. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Chison Medical Technologies, assuming nothing else is changed. The correlation between historical values of Chison Medical's Intangible Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Chison Medical Technologies are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Intangible Assets i.e., Chison Medical's Intangible Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Chison Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chison Medical Techn 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 Chison Medical Technologies. 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 3, 2024, Tax Provision is expected to decline to about 11.9 M. In addition to that, Selling General Administrative is expected to decline to about 61.3 M
 2021 2022 2023 2024 (projected)
Gross Profit223.9M225.8M284.5M221.6M
Total Revenue397.8M380.8M483.8M375.5M

Chison Medical fundamental ratios Correlations

0.891.00.940.910.830.870.720.960.520.82-0.770.931.00.920.69-0.90.951.01.00.860.810.8-0.670.60.42
0.890.880.890.990.550.930.760.790.290.97-0.560.970.870.840.74-0.820.910.880.860.860.910.9-0.690.730.36
1.00.880.930.910.840.860.710.960.520.81-0.770.921.00.920.68-0.90.951.01.00.860.80.8-0.670.590.42
0.940.890.930.910.750.960.810.930.510.89-0.720.920.920.980.71-0.930.930.920.910.930.90.9-0.810.760.56
0.910.990.910.910.620.940.760.810.350.97-0.620.970.90.850.75-0.850.910.90.880.880.90.89-0.680.740.35
0.830.550.840.750.620.60.580.80.570.53-0.710.630.840.730.32-0.840.660.840.850.70.520.53-0.520.440.4
0.870.930.860.960.940.60.840.840.30.95-0.580.910.850.940.76-0.860.920.860.830.940.970.97-0.850.830.53
0.720.760.710.810.760.580.840.690.130.8-0.430.730.70.80.57-0.880.790.740.710.920.910.92-0.950.890.84
0.960.790.960.930.810.80.840.690.570.71-0.810.860.960.960.71-0.860.940.960.960.820.760.77-0.710.530.52
0.520.290.520.510.350.570.30.130.570.24-0.830.510.540.440.38-0.490.360.490.520.260.110.11-0.070.050.09
0.820.970.810.890.970.530.950.80.710.24-0.470.930.80.810.68-0.820.850.810.780.90.940.93-0.720.840.39
-0.77-0.56-0.77-0.72-0.62-0.71-0.58-0.43-0.81-0.83-0.47-0.72-0.77-0.7-0.70.69-0.65-0.75-0.77-0.5-0.44-0.440.39-0.21-0.28
0.930.970.920.920.970.630.910.730.860.510.93-0.720.920.870.76-0.870.910.910.90.840.850.85-0.650.670.36
1.00.871.00.920.90.840.850.70.960.540.8-0.770.920.910.68-0.90.941.01.00.840.780.78-0.650.570.4
0.920.840.920.980.850.730.940.80.960.440.81-0.70.870.910.72-0.880.960.920.90.910.890.89-0.850.70.61
0.690.740.680.710.750.320.760.570.710.380.68-0.70.760.680.72-0.540.770.670.650.630.70.69-0.570.480.34
-0.9-0.82-0.9-0.93-0.85-0.84-0.86-0.88-0.86-0.49-0.820.69-0.87-0.9-0.88-0.54-0.85-0.91-0.9-0.91-0.83-0.840.8-0.75-0.65
0.950.910.950.930.910.660.920.790.940.360.85-0.650.910.940.960.77-0.850.950.940.910.90.9-0.80.690.55
1.00.881.00.920.90.840.860.740.960.490.81-0.750.911.00.920.67-0.910.951.00.870.810.81-0.690.60.46
1.00.861.00.910.880.850.830.710.960.520.78-0.770.91.00.90.65-0.90.941.00.840.770.77-0.660.560.44
0.860.860.860.930.880.70.940.920.820.260.9-0.50.840.840.910.63-0.910.910.870.840.940.95-0.890.910.68
0.810.910.80.90.90.520.970.910.760.110.94-0.440.850.780.890.7-0.830.90.810.770.941.0-0.910.870.62
0.80.90.80.90.890.530.970.920.770.110.93-0.440.850.780.890.69-0.840.90.810.770.951.0-0.920.890.65
-0.67-0.69-0.67-0.81-0.68-0.52-0.85-0.95-0.71-0.07-0.720.39-0.65-0.65-0.85-0.570.8-0.8-0.69-0.66-0.89-0.91-0.92-0.83-0.87
0.60.730.590.760.740.440.830.890.530.050.84-0.210.670.570.70.48-0.750.690.60.560.910.870.89-0.830.67
0.420.360.420.560.350.40.530.840.520.090.39-0.280.360.40.610.34-0.650.550.460.440.680.620.65-0.870.67
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Chison Medical Account Relationship Matchups

Chison Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B1.4B1.5B1.5B1.1B
Total Current Liabilities89.9M129.5M139.7M188.5M138.4M125.8M
Total Stockholder Equity1.2B1.2B1.2B1.3B1.4B924.2M
Retained Earnings136.6M146.8M188.2M241.7M306.0M161.9M
Accounts Payable53.3M73.2M80.3M128.0M84.6M70.4M
Cash1.1B302.0M445.9M446.2M688.8M442.7M
Non Current Assets Total55.4M80.8M127.8M175.1M181.2M104.1M
Non Currrent Assets Other2.3M1.7M2.9M5.5M6.9M7.2M
Net Receivables106.9M126.1M135.8M93.5M154.5M101.2M
Non Current Liabilities Total29.8M28.9M12.8M11.9M15.0M15.4M
Inventory58.3M84.1M99.5M197.0M135.9M99.2M
Other Current Assets4.2M7.2M5.0M15.1M12.9M9.2M
Total Liab119.7M158.5M152.5M200.4M153.4M147.0M
Total Current Assets1.2B1.3B1.3B1.3B1.3B967.1M
Non Current Liabilities Other3.0M3.6M4.8M4.1M6.4M3.8M
Intangible Assets1.6M23.8M22.5M22.1M21.1M16.6M
Other Current Liab1.3M3.4M2.8M500.7K22.6K21.5K
Net Invested Capital1.2B1.2B1.2B1.3B1.4B1.0B
Net Working Capital1.1B1.1B1.1B1.2B1.2B953.2M

Currently Active Assets on Macroaxis

Other Information on Investing in Chison Stock

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