Shandong Other Stockholder Equity vs Total Liab Analysis

000756 Stock

15.03 0.18 1.21%

Shandong Xinhua financial indicator trend analysis is much more than just breaking down Shandong Xinhua Phar prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shandong Xinhua Phar is a good investment. Please check the relationship between Shandong Xinhua Other Stockholder Equity and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Xinhua Pharmaceutical. 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.

Other Stockholder Equity vs Total Liab

Other Stockholder Equity vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Xinhua Phar Other Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Shandong Xinhua's Other Stockholder Equity and Total Liab is -0.45. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Liab in the same time period over historical financial statements of Shandong Xinhua Pharmaceutical, assuming nothing else is changed. The correlation between historical values of Shandong Xinhua's Other Stockholder Equity and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Shandong Xinhua Pharmaceutical are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Stockholder Equity i.e., Shandong Xinhua's Other Stockholder Equity and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Other Stockholder Equity

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from Shandong Xinhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shandong Xinhua Phar 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 Shandong Xinhua Pharmaceutical. 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.

The current year's Tax Provision is expected to grow to about 52.1 M, whereas Selling General Administrative is forecasted to decline to about 783.1 M.

	2022	2023	2024	2025 (projected)
Gross Profit	2.0B	2.4B	2.8B	1.8B
Total Revenue	7.5B	8.1B	9.3B	6.2B

Gross Profit Total Revenue

Shandong Xinhua fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments
Total Assets		0.0	0.84	0.99	0.79	0.98	1.0	0.96	0.94	-0.73	0.61	0.55	0.98	0.72	-0.53	0.97	0.9	-0.68	1.0	-0.15	0.99	0.97	1.0	0.99	-0.02	-0.4
Other Current Liab	0.0		-0.07	-0.09	0.31	0.17	0.01	-0.14	0.0	-0.03	-0.12	-0.7	0.1	0.58	0.64	0.17	0.2	-0.18	-0.05	-0.13	0.04	0.09	0.05	-0.01	0.38	0.37
Total Current Liabilities	0.84	-0.07		0.8	0.58	0.79	0.84	0.79	0.81	-0.43	0.18	0.54	0.81	0.6	-0.66	0.87	0.65	-0.39	0.85	0.17	0.81	0.85	0.84	0.83	-0.21	-0.36
Total Stockholder Equity	0.99	-0.09	0.8		0.76	0.96	0.98	0.97	0.92	-0.73	0.66	0.6	0.96	0.65	-0.56	0.93	0.89	-0.66	0.99	-0.16	0.97	0.95	0.98	0.98	-0.02	-0.39
Other Liab	0.79	0.31	0.58	0.76		0.85	0.79	0.75	0.81	-0.59	0.5	0.08	0.79	0.82	-0.13	0.82	0.77	-0.58	0.77	-0.19	0.76	0.76	0.8	0.77	0.24	-0.36
Net Tangible Assets	0.98	0.17	0.79	0.96	0.85		0.98	0.93	0.92	-0.74	0.61	0.43	0.97	0.79	-0.4	0.97	0.92	-0.73	0.97	-0.22	0.97	0.97	0.99	0.97	0.08	-0.33
Retained Earnings	1.0	0.01	0.84	0.98	0.79	0.98		0.95	0.93	-0.74	0.58	0.55	0.97	0.71	-0.53	0.97	0.91	-0.68	0.99	-0.13	0.99	0.96	1.0	0.99	-0.03	-0.35
Accounts Payable	0.96	-0.14	0.79	0.97	0.75	0.93	0.95		0.89	-0.65	0.61	0.66	0.92	0.56	-0.64	0.89	0.8	-0.63	0.96	-0.18	0.92	0.93	0.95	0.94	-0.06	-0.4
Cash	0.94	0.0	0.81	0.92	0.81	0.92	0.93	0.89		-0.64	0.62	0.46	0.92	0.75	-0.43	0.93	0.81	-0.77	0.96	-0.27	0.88	0.91	0.93	0.91	0.02	-0.35
Other Assets	-0.73	-0.03	-0.43	-0.73	-0.59	-0.74	-0.74	-0.65	-0.64		-0.65	-0.43	-0.69	-0.51	0.18	-0.71	-0.87	0.67	-0.71	0.3	-0.8	-0.64	-0.74	-0.76	-0.26	0.43
Long Term Debt	0.61	-0.12	0.18	0.66	0.5	0.61	0.58	0.61	0.62	-0.65		0.31	0.64	0.43	-0.03	0.48	0.65	-0.7	0.62	-0.67	0.59	0.58	0.58	0.59	0.43	-0.3
Net Receivables	0.55	-0.7	0.54	0.6	0.08	0.43	0.55	0.66	0.46	-0.43	0.31		0.42	-0.16	-0.86	0.41	0.37	-0.26	0.57	0.05	0.53	0.46	0.52	0.55	-0.38	-0.31
Inventory	0.98	0.1	0.81	0.96	0.79	0.97	0.97	0.92	0.92	-0.69	0.64	0.42		0.8	-0.41	0.96	0.9	-0.68	0.97	-0.21	0.96	0.99	0.97	0.97	0.1	-0.37
Other Current Assets	0.72	0.58	0.6	0.65	0.82	0.79	0.71	0.56	0.75	-0.51	0.43	-0.16	0.8		0.09	0.82	0.73	-0.64	0.7	-0.29	0.71	0.78	0.73	0.7	0.3	-0.25
Other Stockholder Equity	-0.53	0.64	-0.66	-0.56	-0.13	-0.4	-0.53	-0.64	-0.43	0.18	-0.03	-0.86	-0.41	0.09		-0.45	-0.22	0.11	-0.55	-0.27	-0.49	-0.49	-0.51	-0.54	0.68	0.4
Total Liab	0.97	0.17	0.87	0.93	0.82	0.97	0.97	0.89	0.93	-0.71	0.48	0.41	0.96	0.82	-0.45		0.88	-0.69	0.96	-0.14	0.96	0.96	0.97	0.96	-0.02	-0.4
Long Term Investments	0.9	0.2	0.65	0.89	0.77	0.92	0.91	0.8	0.81	-0.87	0.65	0.37	0.9	0.73	-0.22	0.88		-0.64	0.88	-0.15	0.94	0.85	0.91	0.91	0.26	-0.25
Short Long Term Debt	-0.68	-0.18	-0.39	-0.66	-0.58	-0.73	-0.68	-0.63	-0.77	0.67	-0.7	-0.26	-0.68	-0.64	0.11	-0.69	-0.64		-0.7	0.72	-0.66	-0.67	-0.67	-0.66	-0.08	0.23
Total Current Assets	1.0	-0.05	0.85	0.99	0.77	0.97	0.99	0.96	0.96	-0.71	0.62	0.57	0.97	0.7	-0.55	0.96	0.88	-0.7		-0.18	0.97	0.97	0.99	0.98	-0.04	-0.38
Short Term Debt	-0.15	-0.13	0.17	-0.16	-0.19	-0.22	-0.13	-0.18	-0.27	0.3	-0.67	0.05	-0.21	-0.29	-0.27	-0.14	-0.15	0.72	-0.18		-0.12	-0.22	-0.13	-0.13	-0.35	0.21
Intangible Assets	0.99	0.04	0.81	0.97	0.76	0.97	0.99	0.92	0.88	-0.8	0.59	0.53	0.96	0.71	-0.49	0.96	0.94	-0.66	0.97	-0.12		0.95	0.99	1.0	-0.01	-0.4
Common Stock	0.97	0.09	0.85	0.95	0.76	0.97	0.96	0.93	0.91	-0.64	0.58	0.46	0.99	0.78	-0.49	0.96	0.85	-0.67	0.97	-0.22	0.95		0.97	0.96	0.01	-0.41
Property Plant Equipment	1.0	0.05	0.84	0.98	0.8	0.99	1.0	0.95	0.93	-0.74	0.58	0.52	0.97	0.73	-0.51	0.97	0.91	-0.67	0.99	-0.13	0.99	0.97		0.99	-0.02	-0.37
Non Current Assets Total	0.99	-0.01	0.83	0.98	0.77	0.97	0.99	0.94	0.91	-0.76	0.59	0.55	0.97	0.7	-0.54	0.96	0.91	-0.66	0.98	-0.13	1.0	0.96	0.99		-0.05	-0.44
Non Currrent Assets Other	-0.02	0.38	-0.21	-0.02	0.24	0.08	-0.03	-0.06	0.02	-0.26	0.43	-0.38	0.1	0.3	0.68	-0.02	0.26	-0.08	-0.04	-0.35	-0.01	0.01	-0.02	-0.05		0.12
Short Term Investments	-0.4	0.37	-0.36	-0.39	-0.36	-0.33	-0.35	-0.4	-0.35	0.43	-0.3	-0.31	-0.37	-0.25	0.4	-0.4	-0.25	0.23	-0.38	0.21	-0.4	-0.41	-0.37	-0.44	0.12

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Shandong Xinhua Account Relationship Matchups

Shandong Xinhua fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	7.1B	7.3B	8.3B	8.3B	9.5B	7.1B
Other Current Liab	934.7M	653.5M	85.8M	22.9M	20.6M	19.6M
Total Current Liabilities	2.4B	2.5B	3.2B	2.5B	2.9B	2.6B
Total Stockholder Equity	3.2B	3.5B	4.1B	4.6B	5.2B	3.3B
Other Liab	199.1M	234.0M	226.0M	208.4M	239.6M	221.9M
Net Tangible Assets	2.4B	2.6B	2.8B	3.0B	3.5B	2.5B
Retained Earnings	1.8B	2.0B	2.3B	2.3B	2.7B	1.7B
Accounts Payable	742.9M	1.1B	1.1B	1.2B	1.4B	952.1M
Cash	855.8M	744.7M	1.2B	918.3M	1.1B	845.2M
Other Assets	98.8M	101.4M	85.7M	94.4M	85.0M	88.1M
Long Term Debt	462.7M	346.2M	545.7M	799.4M	919.3M	571.5M
Net Receivables	379.9M	658.6M	761.3M	699.9M	804.9M	617.7M
Inventory	1.1B	1.0B	1.2B	1.3B	1.5B	1.1B
Other Current Assets	155.9M	93.9M	102.9M	89.1M	102.5M	105.8M
Other Stockholder Equity	183.4M	177.2M	128.4M	113.7M	102.3M	123.4M
Total Liab	3.7B	3.7B	3.9B	3.5B	4.0B	3.6B
Short Long Term Debt	200.4M	269.5M	118.0M	284.0M	255.6M	289.9M
Total Current Assets	2.7B	2.8B	3.5B	3.3B	3.8B	2.7B
Intangible Assets	449.2M	466.5M	474.1M	494.9M	569.2M	431.5M
Property Plant Equipment	3.2B	3.5B	3.8B	4.0B	4.6B	3.4B
Non Current Assets Total	4.4B	4.6B	4.8B	5.0B	5.7B	4.5B
Non Currrent Assets Other	15.9M	14.2M	21.5M	102.9M	92.6M	87.9M
Non Current Liabilities Total	1.3B	1.2B	756.7M	1.0B	1.2B	1.0B
Net Invested Capital	3.9B	4.1B	4.8B	5.6B	6.5B	4.6B
Net Working Capital	305.8M	252.1M	298.5M	828.3M	952.6M	1.0B
Property Plant And Equipment Net	3.5B	3.8B	4.0B	4.1B	4.7B	4.1B
Capital Lease Obligations	1.8M	4.3M	2.7M	1.6M	1.8M	2.5M
Property Plant And Equipment Gross	6.1B	6.7B	7.3B	7.7B	8.9B	7.3B

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

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Shandong Other Stockholder Equity vs Total Liab Analysis

Other Stockholder Equity vs Total Liab

Other Stockholder Equity vs Total Liab Correlation Analysis

Correlation Coefficient

Other Stockholder Equity

Total Liab

Shandong Xinhua fundamental ratios Correlations

Shandong Xinhua Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shandong Xinhua fundamental ratios Accounts

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Other Information on Investing in Shandong Stock

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Retained Earnings	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Property Plant Equipment	+ 1.0	Total Assets
Property Plant Equipment	+ 1.0	Retained Earnings
Non Current Assets Total	+ 1.0	Intangible Assets
Total Stockholder Equity	+ 0.99	Total Assets

Long Term Investments	- 0.87	Other Assets
Other Stockholder Equity	- 0.86	Net Receivables
Intangible Assets	- 0.8	Other Assets
Short Long Term Debt	- 0.77	Cash
Non Current Assets Total	- 0.76	Other Assets
Property Plant Equipment	- 0.74	Other Assets