Shanxi Net Income vs Change In Cash Analysis

000983 Stock

8.19 0.07 0.85%

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 Net Income and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanxi Xishan Coal. 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.

Net Income vs Change In Cash

Net Income vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanxi Xishan Coal Net Income account and Change In Cash. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Shanxi Xishan's Net Income and Change In Cash is 0.8. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Cash 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 Net Income and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Shanxi Xishan Coal are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Net Income i.e., Shanxi Xishan's Net Income and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Shanxi Xishan Coal financial statement analysis. It represents the amount of money remaining after all of Shanxi Xishan Coal operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change In Cash

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, which includes a position in Shanxi Xishan Coal. 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 27, 2024, Selling General Administrative is expected to decline to about 987.2 M. In addition to that, Tax Provision is expected to decline to about 2 B

	2021	2022	2023	2024 (projected)
Operating Income	7.8B	19.1B	12.4B	13.0B
Total Revenue	45.3B	65.2B	55.5B	58.3B

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		0.09	0.7	0.96	0.99	0.73	0.84	0.21	-0.22	-0.64	0.29	0.45	0.76	0.47	0.73	0.98	-0.07	0.87	-0.8	-0.49	0.59	0.7	0.77	-0.29	0.74	0.54
Other Current Liab	0.09		0.54	-0.11	0.01	0.42	-0.18	0.17	0.08	-0.36	0.35	0.55	0.46	0.66	0.45	0.05	-0.01	-0.08	-0.17	-0.34	-0.16	0.22	0.05	0.2	-0.11	-0.34
Total Current Liabilities	0.7	0.54		0.48	0.65	0.97	0.26	0.47	0.12	-0.71	0.71	0.5	0.98	0.69	0.86	0.73	0.15	0.42	-0.66	-0.4	0.19	0.65	0.71	0.11	0.34	0.33
Total Stockholder Equity	0.96	-0.11	0.48		0.96	0.54	0.95	0.04	-0.32	-0.51	0.08	0.39	0.57	0.29	0.61	0.92	-0.14	0.92	-0.74	-0.42	0.71	0.63	0.69	-0.46	0.82	0.51
Retained Earnings	0.99	0.01	0.65	0.96		0.71	0.86	0.18	-0.24	-0.56	0.26	0.42	0.73	0.49	0.68	0.95	-0.11	0.89	-0.82	-0.41	0.63	0.71	0.79	-0.37	0.79	0.55
Accounts Payable	0.73	0.42	0.97	0.54	0.71		0.34	0.41	0.01	-0.65	0.66	0.5	0.98	0.69	0.87	0.76	0.01	0.52	-0.76	-0.41	0.31	0.75	0.8	-0.02	0.43	0.35
Cash	0.84	-0.18	0.26	0.95	0.86	0.34		-0.19	-0.47	-0.28	-0.19	0.32	0.37	0.21	0.45	0.76	-0.36	0.93	-0.67	-0.39	0.8	0.58	0.61	-0.57	0.88	0.41
Long Term Debt	0.21	0.17	0.47	0.04	0.18	0.41	-0.19		0.84	-0.74	0.76	0.05	0.48	0.14	0.35	0.31	0.69	-0.24	0.13	0.3	-0.32	-0.1	0.01	0.37	-0.19	0.22
Net Receivables	-0.22	0.08	0.12	-0.32	-0.24	0.01	-0.47	0.84		-0.49	0.61	-0.03	0.09	-0.15	0.04	-0.14	0.75	-0.63	0.54	0.67	-0.48	-0.51	-0.38	0.36	-0.41	0.01
Short Term Investments	-0.64	-0.36	-0.71	-0.51	-0.56	-0.65	-0.28	-0.74	-0.49		-0.75	-0.56	-0.71	-0.26	-0.78	-0.7	-0.47	-0.23	0.27	0.13	-0.08	-0.24	-0.29	-0.03	-0.16	-0.25
Inventory	0.29	0.35	0.71	0.08	0.26	0.66	-0.19	0.76	0.61	-0.75		0.43	0.64	0.32	0.55	0.4	0.42	-0.12	-0.19	0.06	-0.33	0.14	0.26	0.31	-0.21	0.28
Other Current Assets	0.45	0.55	0.5	0.39	0.42	0.5	0.32	0.05	-0.03	-0.56	0.43		0.48	0.47	0.65	0.41	-0.11	0.32	-0.46	-0.27	0.24	0.35	0.27	-0.42	0.2	-0.11
Total Liab	0.76	0.46	0.98	0.57	0.73	0.98	0.37	0.48	0.09	-0.71	0.64	0.48		0.72	0.89	0.77	0.09	0.5	-0.7	-0.37	0.33	0.67	0.76	0.0	0.48	0.38
Intangible Assets	0.47	0.66	0.69	0.29	0.49	0.69	0.21	0.14	-0.15	-0.26	0.32	0.47	0.72		0.49	0.39	-0.25	0.4	-0.61	-0.35	0.19	0.56	0.54	-0.05	0.38	0.08
Common Stock	0.73	0.45	0.86	0.61	0.68	0.87	0.45	0.35	0.04	-0.78	0.55	0.65	0.89	0.49		0.74	0.1	0.49	-0.61	-0.39	0.49	0.57	0.62	-0.23	0.49	0.2
Property Plant Equipment	0.98	0.05	0.73	0.92	0.95	0.76	0.76	0.31	-0.14	-0.7	0.4	0.41	0.77	0.39	0.74		0.03	0.81	-0.78	-0.48	0.48	0.71	0.77	-0.19	0.63	0.57
Other Assets	-0.07	-0.01	0.15	-0.14	-0.11	0.01	-0.36	0.69	0.75	-0.47	0.42	-0.11	0.09	-0.25	0.1	0.03		-0.44	0.47	0.38	-0.33	-0.41	-0.39	0.23	-0.34	-0.09
Other Liab	0.87	-0.08	0.42	0.92	0.89	0.52	0.93	-0.24	-0.63	-0.23	-0.12	0.32	0.5	0.4	0.49	0.81	-0.44		-0.87	-0.61	0.73	0.78	0.79	-0.43	0.83	0.46
Good Will	-0.8	-0.17	-0.66	-0.74	-0.82	-0.76	-0.67	0.13	0.54	0.27	-0.19	-0.46	-0.7	-0.61	-0.61	-0.78	0.47	-0.87		0.64	-0.51	-0.91	-0.93	0.25	-0.64	-0.47
Net Tangible Assets	-0.49	-0.34	-0.4	-0.42	-0.41	-0.41	-0.39	0.3	0.67	0.13	0.06	-0.27	-0.37	-0.35	-0.39	-0.48	0.38	-0.61	0.64		-0.21	-0.55	-0.51	-0.09	-0.23	-0.18
Other Stockholder Equity	0.59	-0.16	0.19	0.71	0.63	0.31	0.8	-0.32	-0.48	-0.08	-0.33	0.24	0.33	0.19	0.49	0.48	-0.33	0.73	-0.51	-0.21		0.51	0.5	-0.77	0.91	0.08
Deferred Long Term Liab	0.7	0.22	0.65	0.63	0.71	0.75	0.58	-0.1	-0.51	-0.24	0.14	0.35	0.67	0.56	0.57	0.71	-0.41	0.78	-0.91	-0.55	0.51		0.86	-0.23	0.58	0.25
Long Term Investments	0.77	0.05	0.71	0.69	0.79	0.8	0.61	0.01	-0.38	-0.29	0.26	0.27	0.76	0.54	0.62	0.77	-0.39	0.79	-0.93	-0.51	0.5	0.86		-0.08	0.67	0.65
Short Long Term Debt	-0.29	0.2	0.11	-0.46	-0.37	-0.02	-0.57	0.37	0.36	-0.03	0.31	-0.42	0.0	-0.05	-0.23	-0.19	0.23	-0.43	0.25	-0.09	-0.77	-0.23	-0.08		-0.57	0.29
Total Current Assets	0.74	-0.11	0.34	0.82	0.79	0.43	0.88	-0.19	-0.41	-0.16	-0.21	0.2	0.48	0.38	0.49	0.63	-0.34	0.83	-0.64	-0.23	0.91	0.58	0.67	-0.57		0.36
Short Term Debt	0.54	-0.34	0.33	0.51	0.55	0.35	0.41	0.22	0.01	-0.25	0.28	-0.11	0.38	0.08	0.2	0.57	-0.09	0.46	-0.47	-0.18	0.08	0.25	0.65	0.29	0.36

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Shanxi Xishan Account Relationship Matchups

Shanxi Xishan fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	65.1B	70.6B	70.5B	95.7B	93.6B	98.3B
Other Current Liab	3.7B	10.8B	6.1B	8.2B	267.1M	253.8M
Total Current Liabilities	25.6B	32.6B	28.1B	29.3B	24.8B	15.0B
Total Stockholder Equity	20.5B	18.7B	22.6B	33.0B	37.6B	39.5B
Retained Earnings	15.9B	13.5B	17.3B	24.0B	22.5B	23.7B
Accounts Payable	14.2B	15.5B	15.7B	14.8B	14.4B	7.3B
Cash	7.0B	5.0B	6.9B	17.6B	20.0B	21.0B
Long Term Debt	12.3B	8.0B	8.1B	8.8B	6.4B	7.3B
Net Receivables	6.1B	1.9B	3.6B	3.7B	2.0B	1.9B
Short Term Investments	1.1M	671.2K	15.7K	3.1K	2.8K	2.6K
Inventory	3.0B	2.7B	3.7B	2.2B	1.9B	1.8B
Other Current Assets	563.6M	714.2M	1.4B	978.1M	674.2M	675.3M
Total Liab	42.0B	48.9B	44.5B	52.7B	45.4B	24.9B
Intangible Assets	8.2B	12.5B	12.2B	21.7B	1.1B	1.0B
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	943.9M	794.0M	593.0M	766.3M	716.7M	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	3.4B	4.9B	1.9B	1.7B	1.4B	2.6B
Total Current Assets	17.1B	15.1B	15.5B	26.8B	26.8B	20.0B
Non Current Assets Total	49.9B	55.5B	55.0B	68.9B	66.8B	58.5B
Non Currrent Assets Other	743.0M	378.3M	229.7M	135.5M	351.6M	334.0M
Non Current Liabilities Total	19.0B	16.3B	16.4B	23.3B	20.5B	19.1B
Non Current Liabilities Other	1.3B	1.7B	1.8B	2.2B	2.2B	2.0B
Net Debt	11.1B	8.7B	8.0B	3.1B	2.8B	2.7B
Net Invested Capital	36.2B	31.7B	32.6B	43.6B	45.5B	41.0B
Net Working Capital	(7.8B)	(17.4B)	(12.5B)	(2.5B)	1.9B	2.0B

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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 Net Income vs Change In Cash Analysis

Net Income vs Change In Cash

Net Income vs Change In Cash Correlation Analysis

Correlation Coefficient

Net Income

Change In Cash

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
Property Plant Equipment	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities
Total Liab	+ 0.98	Accounts Payable
Accounts Payable	+ 0.97	Total Current Liabilities
Total Stockholder Equity	+ 0.96	Total Assets

Long Term Investments	- 0.93	Good Will
Deferred Long Term Liab	- 0.91	Good Will
Good Will	- 0.87	Other Liab
Good Will	- 0.82	Retained Earnings
Good Will	- 0.8	Total Assets
Good Will	- 0.78	Property Plant Equipment