Meiwu Total Stockholder Equity vs Net Tangible Assets Analysis

WNW Stock  USD 1.08  0.06  5.26%   
Meiwu Technology financial indicator trend analysis is infinitely more than just investigating Meiwu Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meiwu Technology is a good investment. Please check the relationship between Meiwu Technology Total Stockholder Equity and its Net Tangible Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Meiwu Technology Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Total Stockholder Equity vs Net Tangible Assets

Total Stockholder Equity vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meiwu Technology Total Stockholder Equity account and Net Tangible Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Meiwu Technology's Total Stockholder Equity and Net Tangible Assets is 1.0. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Meiwu Technology Co, assuming nothing else is changed. The correlation between historical values of Meiwu Technology's Total Stockholder Equity and Net Tangible Assets 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 Stockholder Equity of Meiwu Technology Co are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Stockholder Equity i.e., Meiwu Technology's Total Stockholder Equity and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Meiwu Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meiwu Technology 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Meiwu Technology Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to climb to about 255 K in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.8M895.7K1.0M1.8M
Total Revenue12.3M11.0M12.6M9.9M

Meiwu Technology fundamental ratios Correlations

0.980.890.99-0.82-0.920.910.910.830.860.980.930.930.840.930.99-0.890.530.910.75-0.83-0.120.81-0.90.90.36
0.980.860.96-0.75-0.960.890.890.910.870.980.90.870.920.860.95-0.850.450.910.85-0.91-0.060.89-0.860.90.28
0.890.860.83-0.57-0.750.660.660.620.830.790.980.940.680.940.85-0.720.790.980.53-0.670.040.58-0.690.990.66
0.990.960.83-0.87-0.920.950.950.830.840.980.890.920.820.911.0-0.920.450.870.75-0.82-0.20.82-0.930.850.28
-0.82-0.75-0.57-0.870.79-0.95-0.95-0.66-0.78-0.84-0.7-0.8-0.56-0.76-0.880.96-0.19-0.61-0.560.650.18-0.630.97-0.590.02
-0.92-0.96-0.75-0.920.79-0.92-0.92-0.96-0.89-0.97-0.84-0.8-0.93-0.76-0.890.89-0.24-0.84-0.910.970.03-0.940.89-0.81-0.04
0.910.890.660.95-0.95-0.921.00.840.850.950.780.820.770.790.94-0.960.20.720.76-0.82-0.130.82-0.990.7-0.01
0.910.890.660.95-0.95-0.921.00.840.850.950.780.820.770.790.94-0.960.20.720.76-0.82-0.130.82-0.990.7-0.01
0.830.910.620.83-0.66-0.960.840.840.780.920.70.640.980.60.79-0.760.080.730.98-0.98-0.030.99-0.780.7-0.09
0.860.870.830.84-0.78-0.890.850.850.780.860.910.860.740.820.85-0.910.410.850.67-0.810.20.72-0.880.860.16
0.980.980.790.98-0.84-0.970.950.950.920.860.870.860.910.840.96-0.90.340.860.86-0.91-0.130.91-0.920.830.16
0.930.90.980.89-0.7-0.840.780.780.70.910.870.970.730.970.91-0.840.670.980.61-0.75-0.010.66-0.80.980.51
0.930.870.940.92-0.8-0.80.820.820.640.860.860.970.650.990.94-0.880.660.930.54-0.67-0.130.61-0.850.920.5
0.840.920.680.82-0.56-0.930.770.770.980.740.910.730.650.630.78-0.690.180.790.98-0.97-0.040.98-0.70.760.04
0.930.860.940.91-0.76-0.760.790.790.60.820.840.970.990.630.94-0.840.710.930.5-0.64-0.150.57-0.820.920.58
0.990.950.851.0-0.88-0.890.940.940.790.850.960.910.940.780.94-0.920.50.870.7-0.78-0.180.77-0.940.850.33
-0.89-0.85-0.72-0.920.960.89-0.96-0.96-0.76-0.91-0.9-0.84-0.88-0.69-0.84-0.92-0.3-0.77-0.650.770.04-0.720.99-0.75-0.07
0.530.450.790.45-0.19-0.240.20.20.080.410.340.670.660.180.710.5-0.30.66-0.03-0.130.150.03-0.290.730.94
0.910.910.980.87-0.61-0.840.720.720.730.850.860.980.930.790.930.87-0.770.660.66-0.78-0.050.71-0.720.980.53
0.750.850.530.75-0.56-0.910.760.760.980.670.860.610.540.980.50.7-0.65-0.030.66-0.96-0.110.99-0.670.61-0.16
-0.83-0.91-0.67-0.820.650.97-0.82-0.82-0.98-0.81-0.91-0.75-0.67-0.97-0.64-0.780.77-0.13-0.78-0.960.0-0.970.77-0.750.05
-0.12-0.060.04-0.20.180.03-0.13-0.13-0.030.2-0.13-0.01-0.13-0.04-0.15-0.180.040.15-0.05-0.110.0-0.120.030.11-0.06
0.810.890.580.82-0.63-0.940.820.820.990.720.910.660.610.980.570.77-0.720.030.710.99-0.97-0.12-0.740.66-0.12
-0.9-0.86-0.69-0.930.970.89-0.99-0.99-0.78-0.88-0.92-0.8-0.85-0.7-0.82-0.940.99-0.29-0.72-0.670.770.03-0.74-0.72-0.05
0.90.90.990.85-0.59-0.810.70.70.70.860.830.980.920.760.920.85-0.750.730.980.61-0.750.110.66-0.720.57
0.360.280.660.280.02-0.04-0.01-0.01-0.090.160.160.510.50.040.580.33-0.070.940.53-0.160.05-0.06-0.12-0.050.57
Click cells to compare fundamentals

Meiwu Technology Account Relationship Matchups

Meiwu Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2M37.5M28.3M38.0M43.7M45.9M
Other Current Liab385.0K1.7M928.1K2.2M2.5M2.6M
Total Current Liabilities3.2M13.0M3.8M8.3M9.6M5.4M
Total Stockholder Equity(1.6M)16.9M17.6M20.2M23.2M24.4M
Net Debt1.3M(4.2M)(26.2M)(17.4M)(15.6M)(14.8M)
Retained Earnings(2.7M)(4.9M)(6.0M)(17.1M)(15.4M)(14.6M)
Cash546.3K7.0M26.6M23.7M27.3M28.6M
Cash And Short Term Investments618.1K7.0M26.7M23.7M27.3M28.6M
Net Receivables728.8K439.9K433.0K4.4M5.0M5.3M
Common Stock Shares Outstanding26.2M25M33.0M44.4M51.1M26.4M
Other Stockholder Equity1.0M22.0M23.4M38.6M44.4M46.6M
Total Liab4.9M20.6M10.7M17.9M20.6M10.4M
Total Current Assets1.6M36.4M28.0M29.9M34.4M17.7M
Short Long Term Debt Total1.9M2.8M480.2K6.4M7.3M7.7M
Property Plant And Equipment Net1.3M1.1M299.4K411.0K369.9K717.6K
Current Deferred Revenue1.5M5.3M1.2M747.1K859.2K816.2K
Accounts Payable1.2M5.7M1.7M5.0M5.7M3.1M
Non Current Assets Total1.3M1.1M299.4K8.1M9.3M9.8M
Non Currrent Assets Other(1.3M)(1.1M)(299.4K)(7.7M)(6.9M)(6.6M)
Liabilities And Stockholders Equity3.2M37.5M28.3M38.0M43.7M23.9M
Non Current Liabilities Total1.7M2.0M1.9M9.6M11.0M11.6M
Capital Lease Obligations991.2K818.0K19.1K251.6K226.5K215.1K
Inventory859.1K2.3M664.2K1.7M2.0M1.2M
Other Current Assets152.7K26.6M225.5K70.7K81.2K77.2K
Net Invested Capital(1.6M)16.9M19.5M27.5M31.6M33.2M
Property Plant And Equipment Gross1.3M1.1M595.3K863.7K777.3K837.4K
Accumulated Other Comprehensive Income57.2K(148.5K)253.7K(1.3M)(1.2M)(1.1M)
Net Working Capital(1.6M)23.4M24.2M21.5M24.8M14.7M
Short Term Debt225.1K272.1K66.1K439.8K505.7K264.7K

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When determining whether Meiwu Technology is a strong investment it is important to analyze Meiwu Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Meiwu Technology's future performance. For an informed investment choice regarding Meiwu Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Meiwu Technology Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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Is Meiwu Technology'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 Meiwu Technology. If investors know Meiwu 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 Meiwu Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.37)
Revenue Per Share
10.999
Quarterly Revenue Growth
8.159
Return On Assets
0.0274
Return On Equity
(0.24)
The market value of Meiwu Technology is measured differently than its book value, which is the value of Meiwu that is recorded on the company's balance sheet. Investors also form their own opinion of Meiwu Technology's value that differs from its market value or its book value, called intrinsic value, which is Meiwu Technology'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 Meiwu Technology's market value can be influenced by many factors that don't directly affect Meiwu Technology'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 Meiwu Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meiwu Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meiwu Technology'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.