Shanxi Intangible Assets vs Property Plant Equipment Analysis

000983 Stock

7.24 0.20 2.69%

Shanxi Xishan financial indicator trend analysis is much more than just breaking down Shanxi Xishan Coal prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanxi Xishan Coal is a good investment. Please check the relationship between Shanxi Xishan Intangible Assets and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios. 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.

Intangible Assets vs Property Plant Equipment

Intangible Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanxi Xishan Coal Intangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.

The correlation between Shanxi Xishan's Intangible Assets and Property Plant Equipment is 0.34. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Shanxi Xishan Coal, assuming nothing else is changed. The correlation between historical values of Shanxi Xishan's Intangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Shanxi Xishan Coal are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Intangible Assets i.e., Shanxi Xishan's Intangible Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

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Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Property Plant Equipment

Most indicators from Shanxi Xishan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanxi Xishan Coal 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. 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 Selling General Administrative is expected to grow to about 2.2 B, whereas Tax Provision is forecasted to decline to about 2 B.

	2022	2023	2024	2025 (projected)
Operating Income	19.1B	12.4B	14.2B	15.0B
Total Revenue	65.2B	55.5B	63.9B	67.0B

Operating Income Total Revenue

Shanxi Xishan fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Assets	Other Liab	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		-0.1	0.65	0.97	0.99	0.92	0.89	0.09	-0.24	-0.58	0.17	0.42	0.95	0.29	0.7	0.97	-0.15	0.91	-0.81	-0.49	0.67	0.71	0.77	-0.41	0.77	0.52
Other Current Liab	-0.1		0.41	-0.28	-0.17	0.08	-0.33	0.21	0.05	-0.32	0.37	0.49	0.12	0.67	0.34	-0.02	0.05	-0.17	-0.04	-0.32	-0.27	0.12	-0.02	0.3	-0.29	-0.31
Total Current Liabilities	0.65	0.41		0.46	0.61	0.81	0.3	0.41	-0.05	-0.71	0.65	0.51	0.82	0.61	0.9	0.76	0.09	0.47	-0.69	-0.41	0.31	0.68	0.75	-0.01	0.42	0.34
Total Stockholder Equity	0.97	-0.28	0.46		0.97	0.82	0.97	-0.06	-0.3	-0.45	-0.02	0.36	0.83	0.11	0.59	0.89	-0.22	0.93	-0.75	-0.41	0.76	0.64	0.69	-0.55	0.83	0.46
Retained Earnings	0.99	-0.17	0.61	0.97		0.91	0.9	0.07	-0.26	-0.52	0.15	0.39	0.92	0.31	0.66	0.95	-0.19	0.92	-0.82	-0.41	0.7	0.72	0.78	-0.47	0.8	0.52
Accounts Payable	0.92	0.08	0.81	0.82	0.91		0.68	0.23	-0.22	-0.64	0.43	0.48	0.98	0.44	0.76	0.97	-0.11	0.81	-0.87	-0.57	0.45	0.8	0.84	-0.21	0.56	0.52
Cash	0.89	-0.33	0.3	0.97	0.9	0.68		-0.25	-0.41	-0.27	-0.23	0.3	0.7	0.06	0.47	0.76	-0.39	0.93	-0.7	-0.38	0.83	0.59	0.62	-0.63	0.87	0.37
Long Term Debt	0.09	0.21	0.41	-0.06	0.07	0.23	-0.25		0.82	-0.72	0.77	0.04	0.29	0.16	0.31	0.28	0.7	-0.27	0.18	0.29	-0.34	-0.13	-0.01	0.39	-0.24	0.24
Net Receivables	-0.24	0.05	-0.05	-0.3	-0.26	-0.22	-0.41	0.82		-0.46	0.51	-0.15	-0.13	-0.19	-0.1	-0.11	0.77	-0.57	0.6	0.6	-0.51	-0.56	-0.44	0.45	-0.44	0.11
Short Term Investments	-0.58	-0.32	-0.71	-0.45	-0.52	-0.64	-0.27	-0.72	-0.46		-0.74	-0.56	-0.69	-0.24	-0.77	-0.7	-0.44	-0.23	0.27	0.13	-0.1	-0.25	-0.3	0.0	-0.17	-0.25
Inventory	0.17	0.37	0.65	-0.02	0.15	0.43	-0.23	0.77	0.51	-0.74		0.42	0.42	0.34	0.52	0.38	0.44	-0.14	-0.14	0.04	-0.32	0.11	0.24	0.33	-0.23	0.31
Other Current Assets	0.42	0.49	0.51	0.36	0.39	0.48	0.3	0.04	-0.15	-0.56	0.42		0.46	0.45	0.67	0.43	-0.12	0.33	-0.46	-0.29	0.28	0.36	0.3	-0.41	0.21	-0.1
Total Liab	0.95	0.12	0.82	0.83	0.92	0.98	0.7	0.29	-0.13	-0.69	0.42	0.46		0.47	0.78	0.98	-0.04	0.8	-0.82	-0.54	0.47	0.74	0.81	-0.19	0.6	0.55
Intangible Assets	0.29	0.67	0.61	0.11	0.31	0.44	0.06	0.16	-0.19	-0.24	0.34	0.45	0.47		0.43	0.34	-0.2	0.3	-0.5	-0.34	0.1	0.49	0.47	0.04	0.17	0.09
Common Stock	0.7	0.34	0.9	0.59	0.66	0.76	0.47	0.31	-0.1	-0.77	0.52	0.67	0.78	0.43		0.75	0.05	0.53	-0.65	-0.39	0.53	0.6	0.64	-0.31	0.56	0.18
Property Plant Equipment	0.97	-0.02	0.76	0.89	0.95	0.97	0.76	0.28	-0.11	-0.7	0.38	0.43	0.98	0.34	0.75		-0.01	0.82	-0.79	-0.47	0.52	0.72	0.78	-0.26	0.63	0.55
Other Assets	-0.15	0.05	0.09	-0.22	-0.19	-0.11	-0.39	0.7	0.77	-0.44	0.44	-0.12	-0.04	-0.2	0.05	-0.01		-0.48	0.5	0.38	-0.37	-0.43	-0.41	0.28	-0.38	-0.08
Other Liab	0.91	-0.17	0.47	0.93	0.92	0.81	0.93	-0.27	-0.57	-0.23	-0.14	0.33	0.8	0.3	0.53	0.82	-0.48		-0.89	-0.58	0.77	0.79	0.8	-0.52	0.83	0.42
Good Will	-0.81	-0.04	-0.69	-0.75	-0.82	-0.87	-0.7	0.18	0.6	0.27	-0.14	-0.46	-0.82	-0.5	-0.65	-0.79	0.5	-0.89		0.61	-0.6	-0.92	-0.94	0.36	-0.68	-0.44
Net Tangible Assets	-0.49	-0.32	-0.41	-0.41	-0.41	-0.57	-0.38	0.29	0.6	0.13	0.04	-0.29	-0.54	-0.34	-0.39	-0.47	0.38	-0.58	0.61		-0.2	-0.54	-0.5	-0.06	-0.22	-0.18
Other Stockholder Equity	0.67	-0.27	0.31	0.76	0.7	0.45	0.83	-0.34	-0.51	-0.1	-0.32	0.28	0.47	0.1	0.53	0.52	-0.37	0.77	-0.6	-0.2		0.55	0.54	-0.82	0.95	0.05
Deferred Long Term Liab	0.71	0.12	0.68	0.64	0.72	0.8	0.59	-0.13	-0.56	-0.25	0.11	0.36	0.74	0.49	0.6	0.72	-0.43	0.79	-0.92	-0.54	0.55		0.87	-0.31	0.61	0.23
Long Term Investments	0.77	-0.02	0.75	0.69	0.78	0.84	0.62	-0.01	-0.44	-0.3	0.24	0.3	0.81	0.47	0.64	0.78	-0.41	0.8	-0.94	-0.5	0.54	0.87		-0.18	0.68	0.62
Short Long Term Debt	-0.41	0.3	-0.01	-0.55	-0.47	-0.21	-0.63	0.39	0.45	0.0	0.33	-0.41	-0.19	0.04	-0.31	-0.26	0.28	-0.52	0.36	-0.06	-0.82	-0.31	-0.18		-0.66	0.27
Total Current Assets	0.77	-0.29	0.42	0.83	0.8	0.56	0.87	-0.24	-0.44	-0.17	-0.23	0.21	0.6	0.17	0.56	0.63	-0.38	0.83	-0.68	-0.22	0.95	0.61	0.68	-0.66		0.3
Short Term Debt	0.52	-0.31	0.34	0.46	0.52	0.52	0.37	0.24	0.11	-0.25	0.31	-0.1	0.55	0.09	0.18	0.55	-0.08	0.42	-0.44	-0.18	0.05	0.23	0.62	0.27	0.3

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Shanxi Xishan Account Relationship Matchups

Shanxi Xishan fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	70.6B	70.5B	95.7B	93.6B	107.6B	113.0B
Other Current Liab	10.8B	6.1B	8.2B	267.1M	307.2M	291.8M
Total Current Liabilities	32.6B	28.1B	29.3B	24.8B	28.6B	15.0B
Total Stockholder Equity	18.7B	22.6B	33.0B	37.6B	43.3B	45.4B
Retained Earnings	13.5B	17.3B	24.0B	22.5B	25.9B	27.2B
Accounts Payable	15.5B	15.7B	14.8B	14.4B	16.5B	17.4B
Cash	5.0B	6.9B	17.6B	20.0B	23.0B	24.1B
Long Term Debt	8.0B	8.1B	8.8B	6.4B	7.4B	7.3B
Net Receivables	1.9B	2.0B	3.7B	2.0B	2.3B	4.2B
Short Term Investments	1.1M	671.2K	15.7K	3.1K	2.8K	2.6K
Inventory	2.7B	3.7B	2.2B	1.9B	2.2B	1.8B
Other Current Assets	714.2M	1.4B	978.1M	674.2M	775.3M	675.3M
Total Liab	48.9B	44.5B	52.7B	45.4B	52.2B	54.8B
Intangible Assets	12.5B	12.2B	21.7B	1.1B	1.2B	1.2B
Property Plant Equipment	37.6B	37.5B	37.3B	41.3B	47.5B	49.8B
Other Assets	1.8B	1.3B	1.1B	1.0B	1.2B	1.4B
Other Liab	6.7B	8.3B	8.0B	14.4B	16.6B	17.4B
Good Will	794.0M	593.0M	766.3M	716.7M	645.0M	871.8M
Net Tangible Assets	12.1B	5.4B	9.8B	10.6B	9.5B	8.5B
Other Stockholder Equity	841.7M	767.1M	856.1M	1.1B	1.3B	919.9M
Deferred Long Term Liab	135.4M	115.1M	100.2M	100.6M	115.7M	74.0M
Short Long Term Debt	4.9B	1.9B	1.7B	1.4B	1.3B	2.6B
Total Current Assets	15.1B	15.5B	26.8B	26.8B	30.8B	20.0B
Non Current Assets Total	55.5B	55.0B	68.9B	66.8B	76.9B	58.5B
Non Currrent Assets Other	378.3M	229.7M	135.5M	351.6M	316.4M	300.6M
Non Current Liabilities Total	16.3B	16.4B	23.3B	20.5B	23.6B	19.1B
Non Current Liabilities Other	1.7B	1.8B	2.2B	2.2B	1.9B	1.8B
Net Debt	11.1B	8.7B	8.0B	3.1B	2.8B	2.7B
Net Invested Capital	31.7B	32.6B	43.6B	45.5B	52.3B	41.0B
Net Working Capital	(17.4B)	(12.5B)	(2.5B)	1.9B	2.2B	2.3B
Property Plant And Equipment Net	37.5B	37.3B	41.3B	59.9B	68.8B	46.6B
Property Plant And Equipment Gross	66.9B	69.0B	41.3B	105.5B	121.3B	75.8B

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Other Information on Investing in Shanxi Stock

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

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Shanxi Intangible Assets vs Property Plant Equipment Analysis

Intangible Assets vs Property Plant Equipment

Intangible Assets vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Intangible Assets

Property Plant Equipment

Shanxi Xishan fundamental ratios Correlations

Shanxi Xishan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shanxi Xishan fundamental ratios Accounts

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Other Information on Investing in Shanxi Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 0.99	Total Assets
Total Liab	+ 0.98	Accounts Payable
Property Plant Equipment	+ 0.98	Total Liab
Total Stockholder Equity	+ 0.97	Total Assets
Property Plant Equipment	+ 0.97	Total Assets
Retained Earnings	+ 0.97	Total Stockholder Equity

Long Term Investments	- 0.94	Good Will
Deferred Long Term Liab	- 0.92	Good Will
Good Will	- 0.89	Other Liab
Good Will	- 0.87	Accounts Payable
Short Long Term Debt	- 0.82	Other Stockholder Equity
Good Will	- 0.82	Total Liab