Shenyang Non Current Liabilities Total vs Common Stock Analysis

000692 Stock   3.69  0.14  3.94%   
Shenyang Huitian financial indicator trend analysis is much more than just breaking down Shenyang Huitian Thermal prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenyang Huitian Thermal is a good investment. Please check the relationship between Shenyang Huitian Non Current Liabilities Total and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenyang Huitian Thermal. 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.

Non Current Liabilities Total vs Common Stock

Non Current Liabilities Total vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenyang Huitian Thermal Non Current Liabilities Total account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shenyang Huitian's Non Current Liabilities Total and Common Stock is 0.5. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock in the same time period over historical financial statements of Shenyang Huitian Thermal, assuming nothing else is changed. The correlation between historical values of Shenyang Huitian's Non Current Liabilities Total and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Shenyang Huitian Thermal are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Current Liabilities Total i.e., Shenyang Huitian's Non Current Liabilities Total and Common Stock go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Liabilities Total

Common Stock

Most indicators from Shenyang Huitian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenyang Huitian Thermal 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 Shenyang Huitian Thermal. 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 November 26, 2024, Selling General Administrative is expected to decline to about 45.4 M. In addition to that, Tax Provision is expected to decline to about 2.5 M
 2021 2022 2023 2024 (projected)
Reconciled Depreciation258.3M276.0M286.9M282.0M
Interest Income4.3M1.7M2.0M1.9M

Shenyang Huitian fundamental ratios Correlations

0.140.78-0.010.960.98-0.130.260.57-0.170.770.950.570.910.270.81-0.20.580.410.410.830.470.030.840.87-0.62
0.14-0.080.240.00.110.51-0.01-0.29-0.55-0.130.180.39-0.01-0.68-0.220.35-0.320.480.480.18-0.15-0.32-0.090.01-0.42
0.78-0.08-0.520.820.76-0.380.170.780.010.990.770.170.850.660.87-0.710.910.470.470.570.420.240.930.73-0.36
-0.010.24-0.52-0.19-0.010.53-0.17-0.62-0.38-0.56-0.020.57-0.33-0.68-0.340.9-0.55-0.3-0.30.18-0.020.01-0.36-0.06-0.38
0.960.00.82-0.190.98-0.190.230.67-0.120.820.840.480.90.450.82-0.380.660.390.390.710.420.070.830.89-0.55
0.980.110.76-0.010.98-0.110.190.56-0.20.740.880.620.870.290.79-0.210.570.350.350.80.40.050.80.89-0.64
-0.130.51-0.380.53-0.19-0.11-0.3-0.67-0.68-0.46-0.160.44-0.43-0.48-0.560.52-0.40.120.12-0.290.17-0.06-0.47-0.1-0.57
0.26-0.010.17-0.170.230.19-0.30.260.360.20.37-0.240.390.080.27-0.080.010.260.260.290.06-0.30.260.310.18
0.57-0.290.78-0.620.670.56-0.670.260.20.860.55-0.030.740.680.76-0.730.720.40.410.440.140.190.750.5-0.09
-0.17-0.550.01-0.38-0.12-0.2-0.680.360.20.06-0.1-0.480.180.290.3-0.190.06-0.49-0.49-0.03-0.05-0.350.14-0.020.81
0.77-0.130.99-0.560.820.74-0.460.20.860.060.750.130.860.690.88-0.740.90.470.480.560.370.240.930.7-0.31
0.950.180.77-0.020.840.88-0.160.370.55-0.10.750.460.890.220.8-0.180.560.490.490.810.560.010.830.76-0.54
0.570.390.170.570.480.620.44-0.24-0.03-0.480.130.460.32-0.330.290.44-0.03-0.01-0.010.610.11-0.110.30.51-0.75
0.91-0.010.85-0.330.90.87-0.430.390.740.180.860.890.320.430.94-0.420.640.340.340.780.39-0.120.930.79-0.28
0.27-0.680.66-0.680.450.29-0.480.080.680.290.690.22-0.330.430.53-0.820.80.110.11-0.030.410.360.50.350.05
0.81-0.220.87-0.340.820.79-0.560.270.760.30.880.80.290.940.53-0.460.720.120.130.780.34-0.010.970.74-0.18
-0.20.35-0.710.9-0.38-0.210.52-0.08-0.73-0.19-0.74-0.180.44-0.42-0.82-0.46-0.8-0.41-0.420.05-0.12-0.38-0.52-0.26-0.13
0.58-0.320.91-0.550.660.57-0.40.010.720.060.90.56-0.030.640.80.72-0.80.40.40.30.450.520.770.59-0.24
0.410.480.47-0.30.390.350.120.260.4-0.490.470.49-0.010.340.110.12-0.410.41.00.130.240.280.290.28-0.48
0.410.480.47-0.30.390.350.120.260.41-0.490.480.49-0.010.340.110.13-0.420.41.00.130.240.290.290.28-0.48
0.830.180.570.180.710.8-0.290.290.44-0.030.560.810.610.78-0.030.780.050.30.130.130.06-0.090.780.68-0.39
0.47-0.150.42-0.020.420.40.170.060.14-0.050.370.560.110.390.410.34-0.120.450.240.240.060.070.320.35-0.39
0.03-0.320.240.010.070.05-0.06-0.30.19-0.350.240.01-0.11-0.120.36-0.01-0.380.520.280.29-0.090.070.090.08-0.26
0.84-0.090.93-0.360.830.8-0.470.260.750.140.930.830.30.930.50.97-0.520.770.290.290.780.320.090.76-0.28
0.870.010.73-0.060.890.89-0.10.310.5-0.020.70.760.510.790.350.74-0.260.590.280.280.680.350.080.76-0.51
-0.62-0.42-0.36-0.38-0.55-0.64-0.570.18-0.090.81-0.31-0.54-0.75-0.280.05-0.18-0.13-0.24-0.48-0.48-0.39-0.39-0.26-0.28-0.51
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Shenyang Huitian Account Relationship Matchups

Shenyang Huitian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B5.0B5.8B5.5B5.4B3.3B
Other Current Liab899.9M199.5K757.5K1.2B617.5K586.6K
Total Current Liabilities4.4B3.6B4.9B6.1B4.4B4.6B
Total Stockholder Equity1.3B284.0M64.9M(1.9B)173.4M164.7M
Property Plant And Equipment Net2.9B3.1B3.3B3.2B3.3B1.7B
Non Current Assets Total3.8B3.5B3.6B3.5B3.6B2.0B
Non Currrent Assets Other74.8M73.9M114.3M104.0M57.0M54.2M
Liabilities And Stockholders Equity6.1B5.0B5.8B5.5B5.4B3.3B
Non Current Liabilities Total378.7M1.1B801.6M1.2B838.3M880.2M
Other Current Assets73.0M85.5M153.7M58.4M70.3M71.3M
Total Liab4.7B4.6B5.7B7.3B5.2B5.5B
Total Current Assets2.2B1.5B2.2B2.0B1.8B1.3B
Intangible Assets204.9M201.0M121.1M116.9M90.5M116.8M
Short Long Term Debt Total2.6B2.2B2.7B3.0B2.1B1.1B
Current Deferred Revenue79.1M981.4M1.5B935.9M1.1B1.2B
Net Debt2.4B2.1B2.4B2.2B1.6B1.7B
Retained Earnings112.2M(860.2M)(1.1B)(3.0B)(2.0B)(1.9B)
Accounts Payable725.8M637.1M1.2B1.3B1.3B1.4B
Cash212.5M171.0M276.5M774.3M514.7M313.4M
Cash And Short Term Investments212.5M171.0M276.5M774.3M514.7M319.2M
Net Receivables1.6B990.4M717.0M754.0M674.8M605.1M
Inventory386.4M219.7M1.1B434.3M520.2M351.3M
Other Stockholder Equity530.2M609.1M352.1M352.1M1.6B1.7B
Short Term Debt2.6B1.9B2.1B2.6B1.9B2.0B
Other Assets181.8M1.0253.9M191.8M1.151.09
Long Term Debt204.3M300.1M300M228M262.2M185.4M
Property Plant Equipment2.9B3.1B3.3B3.2B3.7B2.1B
Other Liab177.0M792.1M246.8M869.5M999.9M1.0B
Net Tangible Assets1.1B83.0M(56.2M)(2.0B)(1.8B)(1.7B)
Deferred Long Term Liab6.9M5.4M4.4M3.9M3.5M5.1M
Short Long Term Debt2.0B1.6B1.6B2.3B1.6B1.8B
Net Invested Capital3.3B2.2B2.0B631.6M2.0B2.0B
Net Working Capital(2.1B)(2.1B)(2.7B)(4.1B)(2.6B)(2.7B)

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Other Information on Investing in Shenyang Stock

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