Shenzhen Inventory vs Net Receivables Analysis

000019 Stock

7.19 0.10 1.41%

Shenzhen Shenbao financial indicator trend analysis is much more than just breaking down Shenzhen Shenbao Ind prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Shenbao Ind is a good investment. Please check the relationship between Shenzhen Shenbao Inventory and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Shenbao Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Inventory vs Net Receivables

Inventory vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Shenbao Ind Inventory account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Shenzhen Shenbao's Inventory and Net Receivables is 0.65. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Shenzhen Shenbao Industrial, assuming nothing else is changed. The correlation between historical values of Shenzhen Shenbao's Inventory and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Shenzhen Shenbao Industrial are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Inventory i.e., Shenzhen Shenbao's Inventory and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Inventory

Net Receivables

Most indicators from Shenzhen Shenbao's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Shenbao Ind 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 Shenzhen Shenbao Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of December 1, 2024, Selling General Administrative is expected to decline to about 149.5 M. In addition to that, Tax Provision is expected to decline to about 47.9 M

	2021	2022	2023	2024 (projected)
Cost Of Revenue	8.9B	7.2B	5.2B	5.5B
Total Revenue	10.1B	8.3B	6.2B	6.5B

Cost Of Revenue Total Revenue

Shenzhen Shenbao fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Long Term Debt	Other Liab	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Non Current Assets Total	Non Currrent Assets Other	Good Will	Non Current Liabilities Total	Short Long Term Debt
Total Assets		0.28	0.88	1.0	0.94	0.73	-0.18	0.82	0.62	0.9	0.73	1.0	0.97	0.98	0.93	0.48	0.4	0.88	0.89	0.71	0.77	0.98	-0.87	0.86	0.71	0.69
Other Current Liab	0.28		0.24	0.27	0.45	0.64	0.2	0.53	0.74	0.45	0.74	0.28	0.36	0.29	0.16	0.42	0.8	0.48	0.48	0.33	0.32	0.25	-0.54	0.52	0.72	-0.35
Total Current Liabilities	0.88	0.24		0.88	0.94	0.86	-0.23	0.91	0.52	0.96	0.71	0.87	0.84	0.9	0.96	0.36	0.1	0.94	0.92	0.81	0.9	0.86	-0.93	0.91	0.42	0.82
Total Stockholder Equity	1.0	0.27	0.88		0.94	0.73	-0.17	0.83	0.62	0.91	0.72	0.99	0.97	0.99	0.93	0.45	0.38	0.89	0.89	0.71	0.77	0.97	-0.87	0.86	0.69	0.7
Retained Earnings	0.94	0.45	0.94	0.94		0.89	-0.23	0.95	0.66	0.99	0.82	0.94	0.95	0.96	0.94	0.51	0.42	0.97	0.97	0.84	0.88	0.93	-0.97	0.96	0.7	0.64
Accounts Payable	0.73	0.64	0.86	0.73	0.89		-0.03	0.95	0.7	0.92	0.86	0.72	0.76	0.77	0.75	0.44	0.38	0.92	0.91	0.75	0.87	0.71	-0.95	0.93	0.58	0.42
Cash	-0.18	0.2	-0.23	-0.17	-0.23	-0.03		-0.08	0.32	-0.21	0.1	-0.22	-0.2	-0.12	-0.33	-0.37	0.04	-0.13	-0.16	-0.49	-0.28	-0.3	0.13	-0.12	-0.1	-0.33
Other Assets	0.82	0.53	0.91	0.83	0.95	0.95	-0.08		0.7	0.97	0.83	0.8	0.85	0.88	0.85	0.31	0.33	0.99	0.96	0.8	0.85	0.78	-0.99	0.97	0.57	0.55
Net Receivables	0.62	0.74	0.52	0.62	0.66	0.7	0.32	0.7		0.65	0.76	0.59	0.68	0.64	0.43	0.19	0.59	0.69	0.69	0.34	0.41	0.54	-0.72	0.71	0.68	0.09
Inventory	0.9	0.45	0.96	0.91	0.99	0.92	-0.21	0.97	0.65		0.8	0.89	0.91	0.93	0.93	0.43	0.34	0.99	0.98	0.86	0.9	0.89	-0.99	0.97	0.62	0.65
Other Current Assets	0.73	0.74	0.71	0.72	0.82	0.86	0.1	0.83	0.76	0.8		0.73	0.75	0.75	0.67	0.56	0.59	0.82	0.81	0.56	0.71	0.68	-0.84	0.82	0.74	0.27
Total Liab	1.0	0.28	0.87	0.99	0.94	0.72	-0.22	0.8	0.59	0.89	0.73		0.95	0.96	0.93	0.54	0.4	0.86	0.88	0.71	0.78	0.99	-0.85	0.84	0.71	0.7
Intangible Assets	0.97	0.36	0.84	0.97	0.95	0.76	-0.2	0.85	0.68	0.91	0.75	0.95		0.97	0.88	0.47	0.46	0.9	0.9	0.7	0.75	0.94	-0.89	0.87	0.74	0.61
Common Stock	0.98	0.29	0.9	0.99	0.96	0.77	-0.12	0.88	0.64	0.93	0.75	0.96	0.97		0.94	0.38	0.35	0.93	0.92	0.72	0.78	0.94	-0.91	0.89	0.65	0.71
Property Plant Equipment	0.93	0.16	0.96	0.93	0.94	0.75	-0.33	0.85	0.43	0.93	0.67	0.93	0.88	0.94		0.44	0.19	0.9	0.89	0.83	0.87	0.93	-0.87	0.86	0.51	0.83
Short Term Investments	0.48	0.42	0.36	0.45	0.51	0.44	-0.37	0.31	0.19	0.43	0.56	0.54	0.47	0.38	0.44		0.61	0.35	0.43	0.47	0.53	0.57	-0.39	0.38	0.68	0.11
Long Term Debt	0.4	0.8	0.1	0.38	0.42	0.38	0.04	0.33	0.59	0.34	0.59	0.4	0.46	0.35	0.19	0.61		0.34	0.39	0.29	0.2	0.39	-0.39	0.38	0.92	-0.36
Other Liab	0.88	0.48	0.94	0.89	0.97	0.92	-0.13	0.99	0.69	0.99	0.82	0.86	0.9	0.93	0.9	0.35	0.34		0.97	0.82	0.87	0.85	-0.99	0.98	0.61	0.62
Net Tangible Assets	0.89	0.48	0.92	0.89	0.97	0.91	-0.16	0.96	0.69	0.98	0.81	0.88	0.9	0.92	0.89	0.43	0.39	0.97		0.87	0.91	0.89	-0.98	1.0	0.66	0.6
Other Stockholder Equity	0.71	0.33	0.81	0.71	0.84	0.75	-0.49	0.8	0.34	0.86	0.56	0.71	0.7	0.72	0.83	0.47	0.29	0.82	0.87		0.88	0.77	-0.83	0.85	0.51	0.56
Deferred Long Term Liab	0.77	0.32	0.9	0.77	0.88	0.87	-0.28	0.85	0.41	0.9	0.71	0.78	0.75	0.78	0.87	0.53	0.2	0.87	0.91	0.88		0.81	-0.87	0.9	0.47	0.65
Non Current Assets Total	0.98	0.25	0.86	0.97	0.93	0.71	-0.3	0.78	0.54	0.89	0.68	0.99	0.94	0.94	0.93	0.57	0.39	0.85	0.89	0.77	0.81		-0.84	0.85	0.71	0.7
Non Currrent Assets Other	-0.87	-0.54	-0.93	-0.87	-0.97	-0.95	0.13	-0.99	-0.72	-0.99	-0.84	-0.85	-0.89	-0.91	-0.87	-0.39	-0.39	-0.99	-0.98	-0.83	-0.87	-0.84		-0.99	-0.65	-0.56
Good Will	0.86	0.52	0.91	0.86	0.96	0.93	-0.12	0.97	0.71	0.97	0.82	0.84	0.87	0.89	0.86	0.38	0.38	0.98	1.0	0.85	0.9	0.85	-0.99		0.64	0.56
Non Current Liabilities Total	0.71	0.72	0.42	0.69	0.7	0.58	-0.1	0.57	0.68	0.62	0.74	0.71	0.74	0.65	0.51	0.68	0.92	0.61	0.66	0.51	0.47	0.71	-0.65	0.64		0.01
Short Long Term Debt	0.69	-0.35	0.82	0.7	0.64	0.42	-0.33	0.55	0.09	0.65	0.27	0.7	0.61	0.71	0.83	0.11	-0.36	0.62	0.6	0.56	0.65	0.7	-0.56	0.56	0.01

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Shenzhen Shenbao Account Relationship Matchups

Shenzhen Shenbao fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.8B	7.3B	7.7B	7.4B	7.4B	7.8B
Other Current Liab	622.7M	575.5M	640.1M	2.5M	5.0M	4.7M
Total Current Liabilities	1.2B	1.5B	2.0B	2.4B	2.4B	2.5B
Total Stockholder Equity	4.4B	4.6B	4.6B	4.8B	4.8B	5.1B
Retained Earnings	1.8B	2.0B	2.2B	1.9B	1.9B	2.0B
Accounts Payable	266.1M	480.9M	426.9M	390.1M	336.2M	353.0M
Cash	155.0M	190.5M	50.4M	54.1M	236.4M	179.9M
Other Assets	356.5M	330.5M	328.6M	311.5M	358.2M	376.1M
Net Receivables	366.4M	198.3M	283.0M	236.8M	179.8M	162.6M
Inventory	3.1B	3.4B	3.5B	3.6B	3.5B	3.6B
Other Current Assets	92.4M	136.9M	194.4M	32.6M	105.9M	111.2M
Total Liab	2.2B	2.5B	3.0B	2.6B	2.5B	2.6B
Intangible Assets	589.2M	599.3M	609.4M	594.4M	546.3M	573.6M
Property Plant Equipment	1.2B	1.7B	2.2B	2.4B	2.8B	2.9B
Short Term Investments	1.2M	160.6M	211.1M	46.7M	1.1M	1.1M
Other Liab	129.3M	133.7M	132.5M	127.8M	146.9M	154.3M
Net Tangible Assets	3.6B	3.8B	4.0B	4.0B	4.6B	3.2B
Other Stockholder Equity	8.9M	154.0	8.9M	8.9M	10.2M	5.8M
Deferred Long Term Liab	21.8M	19.9M	31.7M	28.8M	33.1M	25.0M
Non Current Assets Total	2.7B	3.2B	3.4B	3.4B	3.2B	2.6B
Non Currrent Assets Other	1.9M	2.5M	2.8M	9.0M	7.3M	6.9M
Non Current Liabilities Total	969.6M	974.4M	938.5M	182.0M	149.5M	142.0M
Short Long Term Debt	23.6M	110.3M	504.8M	1.2B	1.2B	1.3B
Total Current Assets	4.1B	4.1B	4.2B	4.1B	4.1B	4.1B
Net Invested Capital	5.3B	5.5B	5.9B	6.0B	6.0B	5.4B
Net Working Capital	2.9B	2.6B	2.2B	1.6B	1.8B	2.3B

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Other Information on Investing in Shenzhen Stock

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

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Shenzhen Inventory vs Net Receivables Analysis

Inventory vs Net Receivables

Inventory vs Net Receivables Correlation Analysis

Correlation Coefficient

Inventory

Net Receivables

Shenzhen Shenbao fundamental ratios Correlations

Shenzhen Shenbao Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen Shenbao fundamental ratios Accounts

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Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Good Will	+ 1.0	Net Tangible Assets
Total Liab	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Total Stockholder Equity
Inventory	+ 0.99	Retained Earnings

Good Will	- 0.99	Non Currrent Assets Other
Non Currrent Assets Other	- 0.99	Other Liab
Non Currrent Assets Other	- 0.99	Inventory
Non Currrent Assets Other	- 0.99	Other Assets
Non Currrent Assets Other	- 0.98	Net Tangible Assets
Non Currrent Assets Other	- 0.97	Retained Earnings