Shanxi Total Other Income Expense Net vs Research Development 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 Total Other Income Expense Net and its Research Development 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.

Total Other Income Expense Net vs Research Development

Total Other Income Expense Net vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanxi Xishan Coal Total Other Income Expense Net account and Research Development. At this time, the significance of the direction appears to have very week relationship.
The correlation between Shanxi Xishan's Total Other Income Expense Net and Research Development is 0.22. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Research Development 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 Total Other Income Expense Net and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Shanxi Xishan Coal are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Total Other Income Expense Net i.e., Shanxi Xishan's Total Other Income Expense Net and Research Development go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Other Income Expense Net

Research Development

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 Income7.8B19.1B12.4B13.0B
Total Revenue45.3B65.2B55.5B58.3B

Shanxi Xishan fundamental ratios Correlations

0.090.70.960.990.730.840.21-0.22-0.640.290.450.760.470.730.98-0.070.87-0.8-0.490.590.70.77-0.290.740.54
0.090.54-0.110.010.42-0.180.170.08-0.360.350.550.460.660.450.05-0.01-0.08-0.17-0.34-0.160.220.050.2-0.11-0.34
0.70.540.480.650.970.260.470.12-0.710.710.50.980.690.860.730.150.42-0.66-0.40.190.650.710.110.340.33
0.96-0.110.480.960.540.950.04-0.32-0.510.080.390.570.290.610.92-0.140.92-0.74-0.420.710.630.69-0.460.820.51
0.990.010.650.960.710.860.18-0.24-0.560.260.420.730.490.680.95-0.110.89-0.82-0.410.630.710.79-0.370.790.55
0.730.420.970.540.710.340.410.01-0.650.660.50.980.690.870.760.010.52-0.76-0.410.310.750.8-0.020.430.35
0.84-0.180.260.950.860.34-0.19-0.47-0.28-0.190.320.370.210.450.76-0.360.93-0.67-0.390.80.580.61-0.570.880.41
0.210.170.470.040.180.41-0.190.84-0.740.760.050.480.140.350.310.69-0.240.130.3-0.32-0.10.010.37-0.190.22
-0.220.080.12-0.32-0.240.01-0.470.84-0.490.61-0.030.09-0.150.04-0.140.75-0.630.540.67-0.48-0.51-0.380.36-0.410.01
-0.64-0.36-0.71-0.51-0.56-0.65-0.28-0.74-0.49-0.75-0.56-0.71-0.26-0.78-0.7-0.47-0.230.270.13-0.08-0.24-0.29-0.03-0.16-0.25
0.290.350.710.080.260.66-0.190.760.61-0.750.430.640.320.550.40.42-0.12-0.190.06-0.330.140.260.31-0.210.28
0.450.550.50.390.420.50.320.05-0.03-0.560.430.480.470.650.41-0.110.32-0.46-0.270.240.350.27-0.420.2-0.11
0.760.460.980.570.730.980.370.480.09-0.710.640.480.720.890.770.090.5-0.7-0.370.330.670.760.00.480.38
0.470.660.690.290.490.690.210.14-0.15-0.260.320.470.720.490.39-0.250.4-0.61-0.350.190.560.54-0.050.380.08
0.730.450.860.610.680.870.450.350.04-0.780.550.650.890.490.740.10.49-0.61-0.390.490.570.62-0.230.490.2
0.980.050.730.920.950.760.760.31-0.14-0.70.40.410.770.390.740.030.81-0.78-0.480.480.710.77-0.190.630.57
-0.07-0.010.15-0.14-0.110.01-0.360.690.75-0.470.42-0.110.09-0.250.10.03-0.440.470.38-0.33-0.41-0.390.23-0.34-0.09
0.87-0.080.420.920.890.520.93-0.24-0.63-0.23-0.120.320.50.40.490.81-0.44-0.87-0.610.730.780.79-0.430.830.46
-0.8-0.17-0.66-0.74-0.82-0.76-0.670.130.540.27-0.19-0.46-0.7-0.61-0.61-0.780.47-0.870.64-0.51-0.91-0.930.25-0.64-0.47
-0.49-0.34-0.4-0.42-0.41-0.41-0.390.30.670.130.06-0.27-0.37-0.35-0.39-0.480.38-0.610.64-0.21-0.55-0.51-0.09-0.23-0.18
0.59-0.160.190.710.630.310.8-0.32-0.48-0.08-0.330.240.330.190.490.48-0.330.73-0.51-0.210.510.5-0.770.910.08
0.70.220.650.630.710.750.58-0.1-0.51-0.240.140.350.670.560.570.71-0.410.78-0.91-0.550.510.86-0.230.580.25
0.770.050.710.690.790.80.610.01-0.38-0.290.260.270.760.540.620.77-0.390.79-0.93-0.510.50.86-0.080.670.65
-0.290.20.11-0.46-0.37-0.02-0.570.370.36-0.030.31-0.420.0-0.05-0.23-0.190.23-0.430.25-0.09-0.77-0.23-0.08-0.570.29
0.74-0.110.340.820.790.430.88-0.19-0.41-0.16-0.210.20.480.380.490.63-0.340.83-0.64-0.230.910.580.67-0.570.36
0.54-0.340.330.510.550.350.410.220.01-0.250.28-0.110.380.080.20.57-0.090.46-0.47-0.180.080.250.650.290.36
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Shanxi Xishan Account Relationship Matchups

Shanxi Xishan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets65.1B70.6B70.5B95.7B93.6B98.3B
Other Current Liab3.7B10.8B6.1B8.2B267.1M253.8M
Total Current Liabilities25.6B32.6B28.1B29.3B24.8B15.0B
Total Stockholder Equity20.5B18.7B22.6B33.0B37.6B39.5B
Retained Earnings15.9B13.5B17.3B24.0B22.5B23.7B
Accounts Payable14.2B15.5B15.7B14.8B14.4B7.3B
Cash7.0B5.0B6.9B17.6B20.0B21.0B
Long Term Debt12.3B8.0B8.1B8.8B6.4B7.3B
Net Receivables6.1B1.9B3.6B3.7B2.0B1.9B
Short Term Investments1.1M671.2K15.7K3.1K2.8K2.6K
Inventory3.0B2.7B3.7B2.2B1.9B1.8B
Other Current Assets563.6M714.2M1.4B978.1M674.2M675.3M
Total Liab42.0B48.9B44.5B52.7B45.4B24.9B
Intangible Assets8.2B12.5B12.2B21.7B1.1B1.0B
Property Plant Equipment37.6B37.5B37.3B41.3B47.5B49.8B
Other Assets1.8B1.3B1.1B1.0B1.2B1.4B
Other Liab6.7B8.3B8.0B14.4B16.6B17.4B
Good Will943.9M794.0M593.0M766.3M716.7M871.8M
Net Tangible Assets12.1B5.4B9.8B10.6B9.5B8.5B
Other Stockholder Equity841.7M767.1M856.1M1.1B1.3B919.9M
Deferred Long Term Liab135.4M115.1M100.2M100.6M115.7M74.0M
Short Long Term Debt3.4B4.9B1.9B1.7B1.4B2.6B
Total Current Assets17.1B15.1B15.5B26.8B26.8B20.0B
Non Current Assets Total49.9B55.5B55.0B68.9B66.8B58.5B
Non Currrent Assets Other743.0M378.3M229.7M135.5M351.6M334.0M
Non Current Liabilities Total19.0B16.3B16.4B23.3B20.5B19.1B
Non Current Liabilities Other1.3B1.7B1.8B2.2B2.2B2.0B
Net Debt11.1B8.7B8.0B3.1B2.8B2.7B
Net Invested Capital36.2B31.7B32.6B43.6B45.5B41.0B
Net Working Capital(7.8B)(17.4B)(12.5B)(2.5B)1.9B2.0B

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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.