Chison Total Current Assets vs Total Revenue Analysis

688358 Stock   23.73  0.21  0.88%   
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 Total Current Assets and its Total Revenue 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.

Total Current Assets vs Total Revenue

Total Current Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chison Medical Techn Total Current Assets account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Chison Medical's Total Current Assets and Total Revenue is 0.91. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue 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 Total Current Assets and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Chison Medical Technologies are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., Chison Medical's Total Current Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Revenue

Total revenue comprises all receipts Chison Medical Techn generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 January 17, 2025, 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
 2022 2023 2024 2025 (projected)
Gross Profit225.8M284.5M327.2M221.6M
Total Revenue380.8M483.8M556.4M375.5M

Chison Medical fundamental ratios Correlations

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0.910.90.850.990.620.880.770.830.270.97-0.570.980.890.860.77-0.850.940.90.880.910.920.91-0.750.770.49
1.00.90.870.920.870.830.750.970.480.85-0.750.931.00.920.73-0.920.961.01.00.90.840.83-0.740.680.54
0.880.850.870.850.750.980.940.880.40.84-0.680.880.870.910.71-0.960.890.890.870.920.90.9-0.90.810.82
0.930.990.920.850.680.870.770.840.330.97-0.620.980.910.850.78-0.870.930.920.90.910.90.89-0.730.770.47
0.860.620.870.750.680.650.650.840.520.61-0.710.690.870.780.42-0.860.720.860.870.760.620.63-0.620.570.52
0.840.880.830.980.870.650.960.830.250.88-0.590.870.820.880.74-0.920.890.850.820.930.940.94-0.920.850.81
0.750.770.750.940.770.650.960.750.120.81-0.450.750.730.830.62-0.890.80.770.740.920.910.91-0.950.890.9
0.960.830.970.880.840.840.830.750.50.77-0.770.880.960.970.75-0.880.950.960.960.870.830.83-0.80.670.64
0.480.270.480.40.330.520.250.120.50.22-0.830.480.50.350.36-0.460.340.450.480.240.10.1-0.070.050.08
0.860.970.850.840.970.610.880.810.770.22-0.490.940.830.850.73-0.850.880.850.820.930.940.93-0.780.870.52
-0.75-0.57-0.75-0.68-0.62-0.71-0.59-0.45-0.77-0.83-0.49-0.71-0.76-0.64-0.70.69-0.66-0.74-0.76-0.52-0.45-0.440.41-0.26-0.32
0.940.980.930.880.980.690.870.750.880.480.94-0.710.930.870.79-0.890.940.930.920.890.870.86-0.710.720.49
1.00.891.00.870.910.870.820.730.960.50.83-0.760.930.910.72-0.910.961.01.00.890.820.81-0.720.660.52
0.920.860.920.910.850.780.880.830.970.350.85-0.640.870.910.74-0.880.930.920.90.930.930.93-0.90.810.72
0.730.770.730.710.780.420.740.620.750.360.73-0.70.790.720.74-0.60.810.720.70.690.730.73-0.630.560.45
-0.92-0.85-0.92-0.96-0.87-0.86-0.92-0.89-0.88-0.46-0.850.69-0.89-0.91-0.88-0.6-0.87-0.93-0.92-0.92-0.86-0.860.83-0.79-0.71
0.960.940.960.890.930.720.890.80.950.340.88-0.660.940.960.930.81-0.870.970.950.910.90.9-0.80.720.61
1.00.91.00.890.920.860.850.770.960.450.85-0.740.931.00.920.72-0.930.971.00.910.850.84-0.760.690.57
1.00.881.00.870.90.870.820.740.960.480.82-0.760.921.00.90.7-0.920.951.00.880.810.81-0.720.650.55
0.90.910.90.920.910.760.930.920.870.240.93-0.520.890.890.930.69-0.920.910.910.880.960.97-0.90.930.74
0.840.920.840.90.90.620.940.910.830.10.94-0.450.870.820.930.73-0.860.90.850.810.961.0-0.940.910.73
0.840.910.830.90.890.630.940.910.830.10.93-0.440.860.810.930.73-0.860.90.840.810.971.0-0.950.930.75
-0.74-0.75-0.74-0.9-0.73-0.62-0.92-0.95-0.8-0.07-0.780.41-0.71-0.72-0.9-0.630.83-0.8-0.76-0.72-0.9-0.94-0.95-0.89-0.9
0.690.770.680.810.770.570.850.890.670.050.87-0.260.720.660.810.56-0.790.720.690.650.930.910.93-0.890.76
0.540.490.540.820.470.520.810.90.640.080.52-0.320.490.520.720.45-0.710.610.570.550.740.730.75-0.90.76
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Chison Medical Account Relationship Matchups

Chison Medical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.4B1.4B1.5B1.5B1.8B1.1B
Total Current Liabilities129.5M139.7M188.5M138.4M159.2M125.8M
Total Stockholder Equity1.2B1.2B1.3B1.4B1.6B924.2M
Retained Earnings146.8M188.2M241.7M306.0M351.9M369.5M
Accounts Payable73.2M80.3M128.0M84.6M97.3M70.4M
Cash302.0M445.9M446.2M688.8M792.1M442.7M
Non Current Assets Total80.8M127.8M175.1M181.2M208.3M218.8M
Non Currrent Assets Other1.7M2.9M5.5M6.9M7.9M8.3M
Net Receivables126.1M135.8M93.5M154.5M177.7M101.2M
Non Current Liabilities Total28.9M12.8M11.9M15.0M13.5M15.4M
Inventory84.1M99.5M197.0M135.9M156.3M99.2M
Other Current Assets7.2M5.0M15.1M12.9M11.6M9.2M
Total Liab158.5M152.5M200.4M153.4M176.4M147.0M
Total Current Assets1.3B1.3B1.3B1.3B1.5B967.1M
Non Current Liabilities Other3.6M4.8M4.1M6.4M7.4M3.8M
Intangible Assets23.8M22.5M22.1M21.1M24.2M16.6M
Other Current Liab3.4M2.8M500.7K22.6K20.3K19.3K
Net Invested Capital1.2B1.2B1.3B1.4B1.6B1.0B
Net Working Capital1.1B1.1B1.2B1.2B1.4B953.2M
Property Plant And Equipment Net48.3M94.5M137.3M143.2M164.7M98.1M
Property Plant And Equipment Gross95.9M145.6M199.7M214.2M246.3M158.2M

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.