ABVC Retained Earnings vs Property Plant And Equipment Net Analysis

ABVC Stock  USD 1.06  0.02  1.85%   
ABVC Biopharma financial indicator trend analysis is way more than just evaluating ABVC Biopharma prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ABVC Biopharma is a good investment. Please check the relationship between ABVC Biopharma Retained Earnings 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 ABVC Biopharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade ABVC Stock refer to our How to Trade ABVC Stock guide.

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings 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 ABVC Biopharma Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have pay attention.
The correlation between ABVC Biopharma's Retained Earnings and Property Plant And Equipment Net is -0.75. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of ABVC Biopharma, assuming nothing else is changed. The correlation between historical values of ABVC Biopharma's Retained Earnings 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 Retained Earnings of ABVC Biopharma 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 Retained Earnings i.e., ABVC Biopharma's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 ABVC Biopharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ABVC Biopharma 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 ABVC Biopharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade ABVC Stock refer to our How to Trade ABVC Stock guide.As of May 16, 2024, Selling General Administrative is expected to decline to about 5 M. In addition to that, Tax Provision is expected to decline to about 217.9 K
 2021 2022 2023 2024 (projected)
Other Operating Expenses11.7M16.1M8.4M4.2M
Total Revenue355.8K969.8K152.4K157.4K

ABVC Biopharma fundamental ratios Correlations

0.640.730.910.16-0.71-0.040.160.510.790.780.670.580.620.64-0.360.580.59-0.460.810.520.790.860.01-0.20.76
0.640.630.40.44-0.31-0.20.58-0.190.320.810.650.820.370.07-0.240.610.61-0.260.690.750.240.410.03-0.30.19
0.730.630.410.57-0.62-0.230.080.370.610.940.320.750.890.48-0.260.20.21-0.20.550.260.580.840.270.180.55
0.910.40.41-0.11-0.640.080.050.570.750.450.620.320.330.67-0.30.560.57-0.50.730.440.790.7-0.11-0.370.76
0.160.440.57-0.11-0.24-0.140.090.120.190.51-0.320.620.360.20.06-0.41-0.41-0.23-0.01-0.220.180.380.07-0.080.18
-0.71-0.31-0.62-0.64-0.240.2-0.16-0.74-0.99-0.56-0.31-0.4-0.51-0.72-0.16-0.19-0.20.32-0.52-0.13-0.75-0.71-0.310.26-0.74
-0.04-0.2-0.230.08-0.140.2-0.210.08-0.15-0.21-0.06-0.24-0.13-0.06-0.25-0.04-0.04-0.26-0.07-0.070.02-0.030.04-0.160.04
0.160.580.080.050.09-0.16-0.21-0.410.130.340.440.25-0.11-0.130.420.520.51-0.130.210.58-0.06-0.080.01-0.17-0.08
0.51-0.190.370.570.12-0.740.08-0.410.770.19-0.07-0.020.460.76-0.05-0.22-0.21-0.210.25-0.360.740.680.18-0.080.76
0.790.320.610.750.19-0.99-0.150.130.770.570.370.390.510.770.080.260.27-0.390.570.180.810.760.24-0.290.8
0.780.810.940.450.51-0.56-0.210.340.190.570.510.750.820.4-0.310.430.44-0.220.640.50.540.780.240.090.5
0.670.650.320.62-0.32-0.31-0.060.44-0.070.370.510.410.23-0.02-0.30.960.96-0.240.880.930.190.250.0-0.220.13
0.580.820.750.320.62-0.4-0.240.25-0.020.390.750.410.40.14-0.10.30.31-0.430.590.470.240.46-0.01-0.230.2
0.620.370.890.330.36-0.51-0.13-0.110.460.510.820.230.40.49-0.450.120.130.030.430.10.590.840.360.430.56
0.640.070.480.670.2-0.72-0.06-0.130.760.770.4-0.020.140.49-0.07-0.02-0.01-0.230.18-0.130.960.830.21-0.140.98
-0.36-0.24-0.26-0.30.06-0.16-0.250.42-0.050.08-0.31-0.3-0.1-0.45-0.07-0.28-0.28-0.03-0.37-0.25-0.23-0.36-0.04-0.09-0.19
0.580.610.20.56-0.41-0.19-0.040.52-0.220.260.430.960.30.12-0.02-0.281.0-0.190.740.960.170.17-0.02-0.20.12
0.590.610.210.57-0.41-0.2-0.040.51-0.210.270.440.960.310.13-0.01-0.281.0-0.20.740.950.180.17-0.01-0.20.13
-0.46-0.26-0.2-0.5-0.230.32-0.26-0.13-0.21-0.39-0.22-0.24-0.430.03-0.23-0.03-0.19-0.2-0.29-0.19-0.27-0.280.470.29-0.27
0.810.690.550.73-0.01-0.52-0.070.210.250.570.640.880.590.430.18-0.370.740.74-0.290.740.390.50.1-0.310.33
0.520.750.260.44-0.22-0.13-0.070.58-0.360.180.50.930.470.1-0.13-0.250.960.95-0.190.740.070.110.06-0.290.01
0.790.240.580.790.18-0.750.02-0.060.740.810.540.190.240.590.96-0.230.170.18-0.270.390.070.90.26-0.181.0
0.860.410.840.70.38-0.71-0.03-0.080.680.760.780.250.460.840.83-0.360.170.17-0.280.50.110.90.20.070.89
0.010.030.27-0.110.07-0.310.040.010.180.240.240.0-0.010.360.21-0.04-0.02-0.010.470.10.060.260.2-0.10.25
-0.2-0.30.18-0.37-0.080.26-0.16-0.17-0.08-0.290.09-0.22-0.230.43-0.14-0.09-0.2-0.20.29-0.31-0.29-0.180.07-0.1-0.18
0.760.190.550.760.18-0.740.04-0.080.760.80.50.130.20.560.98-0.190.120.13-0.270.330.011.00.890.25-0.18
Click cells to compare fundamentals

ABVC Biopharma Account Relationship Matchups

ABVC Biopharma fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.9M11.6M13.7M9.9M14.9M15.7M
Short Long Term Debt Total4.6M6.5M3.1M3.1M2.5M1.9M
Total Current Liabilities6.8M4.8M3.7M5.8M5.9M6.2M
Total Stockholder Equity(151.0K)3.4M8.8M3.1M8.8M9.3M
Net Debt4.4M2.2M(2.7M)3.0M1.7M1.8M
Retained Earnings(15.9M)(25.6M)(38.5M)(54.9M)(65.4M)(62.1M)
Common Stock Shares Outstanding1.7M2.0M2.5M3.2M4.3M4.6M
Liabilities And Stockholders Equity6.9M11.6M13.7M9.9M14.9M15.7M
Non Current Liabilities Total238.4K4.1M1.1M420.2K429.1K407.7K
Inventory(477.0K)(839.7K)26.0K1.3M1.5M1.6M
Other Stockholder Equity15.0M28.5M46.8M57.5M73.7M77.4M
Total Liab7.1M8.9M4.8M6.2M6.4M6.7M
Total Current Assets878.2K6.2M9.6M3.0M1.7M1.4M
Short Term Debt4.3M2.4M2.0M2.3M2.0M1.4M
Other Current Liab2.4M2.4M1.7M3.5M3.7M3.9M
Cash144.3K4.3M5.8M85.3K716.8K839.1K
Cash And Short Term Investments144.3K4.3M5.9M161.1K796.1K855.2K
Common Stock19.5K24.4K28.9K32.9K7.9K7.5K
Net Receivables640.5K999.4K1.7M1.4M759.6K625.0K
Other Current Assets570.4K1.7M1.9M150.2K101.1K96.0K
Non Current Assets Total6.0M5.4M4.1M6.9M13.3M14.0M
Non Currrent Assets Other179.5K164.8K160.5K1.3M1.4M1.5M
Common Stock Total Equity213.7K213.9K19.5K24.4K28.1K26.7K
Accumulated Other Comprehensive Income663.8K564.9K539.7K517.1K516.4K396.8K
Net Tangible Assets(5.7M)(151.0K)3.4M8.8M10.2M10.7M
Other Assets1.4M1.6M2.0M1.1M1.3M1.4M
Short Long Term Debt4.0M2.1M1.8M1.9M1.5M2.0M
Other Liab27.5K2.9K19.3K10.6K12.2K11.0K
Short Term Investments3.4M1.2M108.1K75.8K79.3K75.3K
Long Term Investments3.4M1.2M932.8K842.1K2.5M1.8M
Property Plant Equipment510.1K1.0M2.3M2.0M2.3M2.4M
Net Invested Capital3.9M8.1M10.7M5.0M9.9M10.3M
Net Working Capital(5.9M)1.3M5.9M(2.8M)(4.3M)(4.1M)
Capital Stock19.5K24.4K28.9K32.9K7.9K7.5K

Pair Trading with ABVC Biopharma

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ABVC Biopharma position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ABVC Biopharma will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to ABVC Biopharma could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ABVC Biopharma when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ABVC Biopharma - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ABVC Biopharma to buy it.
The correlation of ABVC Biopharma is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ABVC Biopharma moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ABVC Biopharma moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ABVC Biopharma can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ABVC Biopharma offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ABVC Biopharma's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Abvc Biopharma Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Abvc Biopharma Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABVC Biopharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade ABVC Stock refer to our How to Trade ABVC Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is ABVC Biopharma's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ABVC Biopharma. If investors know ABVC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ABVC Biopharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.43)
Revenue Per Share
0.035
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.43)
Return On Equity
(1.92)
The market value of ABVC Biopharma is measured differently than its book value, which is the value of ABVC that is recorded on the company's balance sheet. Investors also form their own opinion of ABVC Biopharma's value that differs from its market value or its book value, called intrinsic value, which is ABVC Biopharma's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ABVC Biopharma's market value can be influenced by many factors that don't directly affect ABVC Biopharma's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ABVC Biopharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if ABVC Biopharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABVC Biopharma's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.