Shandong Change To Account Receivables vs Free Cash Flow Analysis

001207 Stock

20.30 0.05 0.25%

Shandong Link financial indicator trend analysis is much more than just breaking down Shandong Link Science prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shandong Link Science is a good investment. Please check the relationship between Shandong Link Change To Account Receivables and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Link Science. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change To Account Receivables vs Free Cash Flow

Change To Account Receivables vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Link Science Change To Account Receivables account and Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Shandong Link's Change To Account Receivables and Free Cash Flow is -0.07. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Shandong Link Science, assuming nothing else is changed. The correlation between historical values of Shandong Link's Change To Account Receivables and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Shandong Link Science are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change To Account Receivables i.e., Shandong Link's Change To Account Receivables and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change To Account Receivables

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Shandong Link's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shandong Link Science 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 Link Science. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Selling General Administrative is expected to grow to about 31.1 M, whereas Tax Provision is forecasted to decline to about 16.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	279.8M	208.8M	287.4M	175.0M
Total Revenue	1.4B	1.8B	1.9B	2.0B

Gross Profit Total Revenue

Shandong Link fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Assets	Common Stock Shares Outstanding	Other Liab	Net Tangible Assets
Total Assets		-0.13	0.06	0.42	0.95	0.96	-0.88	0.85	0.69	0.98	0.97	0.05	0.97	-0.39	0.67	-0.37	0.95	0.42	0.99	-0.24	0.93	0.94	-0.14	0.1	0.81	0.83
Short Long Term Debt Total	-0.13		-0.02	0.62	-0.37	-0.29	0.5	-0.44	0.17	-0.22	-0.25	0.11	-0.22	-0.14	-0.02	0.25	-0.38	0.63	-0.06	0.96	-0.12	-0.08	0.19	-0.73	-0.38	-0.41
Other Current Liab	0.06	-0.02		0.22	0.0	0.04	-0.14	0.04	0.29	-0.03	0.02	-0.02	0.07	-0.12	0.5	0.48	0.03	0.27	0.08	-0.15	-0.04	0.01	0.24	0.17	0.1	0.14
Total Current Liabilities	0.42	0.62	0.22		0.13	0.37	-0.14	-0.08	0.86	0.29	0.39	-0.25	0.35	-0.58	0.34	-0.28	0.17	1.0	0.42	0.56	0.54	0.57	0.26	-0.7	0.14	0.15
Total Stockholder Equity	0.95	-0.37	0.0	0.13		0.93	-0.93	0.95	0.49	0.97	0.93	0.14	0.95	-0.23	0.63	-0.33	0.99	0.14	0.94	-0.47	0.84	0.85	-0.23	0.35	0.87	0.89
Property Plant And Equipment Net	0.96	-0.29	0.04	0.37	0.93		-0.87	0.82	0.7	0.92	1.0	-0.11	0.92	-0.36	0.6	-0.51	0.92	0.37	0.9	-0.37	0.95	0.96	-0.1	0.14	0.75	0.79
Net Debt	-0.88	0.5	-0.14	-0.14	-0.93	-0.87		-0.85	-0.57	-0.91	-0.87	-0.04	-0.95	0.3	-0.69	0.41	-0.96	-0.13	-0.86	0.58	-0.78	-0.8	0.04	-0.35	-0.91	-0.93
Retained Earnings	0.85	-0.44	0.04	-0.08	0.95	0.82	-0.85		0.29	0.88	0.82	0.33	0.84	-0.02	0.65	-0.11	0.92	-0.06	0.84	-0.58	0.66	0.67	-0.23	0.57	0.83	0.84
Accounts Payable	0.69	0.17	0.29	0.86	0.49	0.7	-0.57	0.29		0.59	0.7	-0.24	0.67	-0.62	0.58	-0.47	0.54	0.86	0.67	0.08	0.78	0.81	0.24	-0.35	0.53	0.56
Cash	0.98	-0.22	-0.03	0.29	0.97	0.92	-0.91	0.88	0.59		0.93	0.12	0.98	-0.35	0.61	-0.37	0.97	0.29	0.98	-0.31	0.88	0.89	-0.17	0.17	0.85	0.86
Non Current Assets Total	0.97	-0.25	0.02	0.39	0.93	1.0	-0.87	0.82	0.7	0.93		-0.1	0.93	-0.38	0.59	-0.51	0.93	0.39	0.92	-0.33	0.96	0.97	-0.12	0.11	0.76	0.79
Non Currrent Assets Other	0.05	0.11	-0.02	-0.25	0.14	-0.11	-0.04	0.33	-0.24	0.12	-0.1		0.08	0.48	0.35	0.58	0.08	-0.21	0.13	-0.06	-0.27	-0.2	0.19	0.44	0.28	0.25
Cash And Short Term Investments	0.97	-0.22	0.07	0.35	0.95	0.92	-0.95	0.84	0.67	0.98	0.93	0.08		-0.39	0.7	-0.39	0.97	0.35	0.97	-0.32	0.88	0.9	-0.06	0.14	0.88	0.89
Non Current Liabilities Total	-0.39	-0.14	-0.12	-0.58	-0.23	-0.36	0.3	-0.02	-0.62	-0.35	-0.38	0.48	-0.39		-0.13	0.32	-0.28	-0.58	-0.39	-0.12	-0.52	-0.5	0.05	0.43	-0.21	-0.2
Inventory	0.67	-0.02	0.5	0.34	0.63	0.6	-0.69	0.65	0.58	0.61	0.59	0.35	0.7	-0.13		0.08	0.65	0.37	0.69	-0.24	0.46	0.56	0.34	0.3	0.71	0.74
Other Current Assets	-0.37	0.25	0.48	-0.28	-0.33	-0.51	0.41	-0.11	-0.47	-0.37	-0.51	0.58	-0.39	0.32	0.08		-0.38	-0.23	-0.29	0.11	-0.62	-0.58	0.06	0.31	-0.27	-0.29
Other Stockholder Equity	0.95	-0.38	0.03	0.17	0.99	0.92	-0.96	0.92	0.54	0.97	0.93	0.08	0.97	-0.28	0.65	-0.38		0.16	0.94	-0.47	0.85	0.86	-0.2	0.32	0.9	0.91
Total Liab	0.42	0.63	0.27	1.0	0.14	0.37	-0.13	-0.06	0.86	0.29	0.39	-0.21	0.35	-0.58	0.37	-0.23	0.16		0.43	0.54	0.53	0.56	0.28	-0.67	0.13	0.15
Total Current Assets	0.99	-0.06	0.08	0.42	0.94	0.9	-0.86	0.84	0.67	0.98	0.92	0.13	0.97	-0.39	0.69	-0.29	0.94	0.43		-0.18	0.89	0.91	-0.14	0.09	0.82	0.83
Short Term Debt	-0.24	0.96	-0.15	0.56	-0.47	-0.37	0.58	-0.58	0.08	-0.31	-0.33	-0.06	-0.32	-0.12	-0.24	0.11	-0.47	0.54	-0.18		-0.16	-0.14	0.14	-0.83	-0.5	-0.54
Intangible Assets	0.93	-0.12	-0.04	0.54	0.84	0.95	-0.78	0.66	0.78	0.88	0.96	-0.27	0.88	-0.52	0.46	-0.62	0.85	0.53	0.89	-0.16		0.99	-0.17	-0.11	0.67	0.69
Common Stock	0.94	-0.08	0.01	0.57	0.85	0.96	-0.8	0.67	0.81	0.89	0.97	-0.2	0.9	-0.5	0.56	-0.58	0.86	0.56	0.91	-0.14	0.99		-0.05	-0.11	0.7	0.72
Other Assets	-0.14	0.19	0.24	0.26	-0.23	-0.1	0.04	-0.23	0.24	-0.17	-0.12	0.19	-0.06	0.05	0.34	0.06	-0.2	0.28	-0.14	0.14	-0.17	-0.05		-0.2	-0.14	-0.1
Common Stock Shares Outstanding	0.1	-0.73	0.17	-0.7	0.35	0.14	-0.35	0.57	-0.35	0.17	0.11	0.44	0.14	0.43	0.3	0.31	0.32	-0.67	0.09	-0.83	-0.11	-0.11	-0.2		0.44	0.45
Other Liab	0.81	-0.38	0.1	0.14	0.87	0.75	-0.91	0.83	0.53	0.85	0.76	0.28	0.88	-0.21	0.71	-0.27	0.9	0.13	0.82	-0.5	0.67	0.7	-0.14	0.44		0.99
Net Tangible Assets	0.83	-0.41	0.14	0.15	0.89	0.79	-0.93	0.84	0.56	0.86	0.79	0.25	0.89	-0.2	0.74	-0.29	0.91	0.15	0.83	-0.54	0.69	0.72	-0.1	0.45	0.99

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Shandong Link Account Relationship Matchups

Shandong Link fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	944.8M	1.2B	1.9B	1.9B	2.4B	2.5B
Other Current Liab	14.8M	25.4M	27.0M	44.8M	348.1K	330.7K
Total Current Liabilities	496.0M	558.2M	564.1M	570.2M	579.5M	440.1M
Total Stockholder Equity	431.6M	554.2M	1.3B	1.3B	1.7B	1.8B
Property Plant And Equipment Net	334.6M	445.6M	493.5M	522.0M	608.5M	638.9M
Net Debt	9.7M	(78.1M)	(666.9M)	(540.5M)	(486.5M)	(462.1M)
Retained Earnings	103.0M	218.6M	375.0M	392.3M	511.1M	536.6M
Accounts Payable	321.1M	455.0M	537.1M	525.4M	506.3M	297.2M
Cash	150.4M	206.3M	666.9M	540.5M	822.3M	863.5M
Non Current Assets Total	430.8M	553.0M	635.8M	669.7M	811.8M	852.4M
Non Currrent Assets Other	10.9M	19.0M	36.1M	14.2M	41.2M	21.5M
Cash And Short Term Investments	150.4M	206.3M	667.0M	551.6M	634.3M	666.0M
Liabilities And Stockholders Equity	944.8M	1.2B	1.9B	1.9B	2.2B	2.3B
Non Current Liabilities Total	7.3M	57.4M	13.5M	19.8M	17.9M	17.0M
Inventory	87.0M	96.4M	173.5M	157.1M	120.8M	100.3M
Other Current Assets	10.5M	5.8M	10.0M	7.2M	9.9M	9.4M
Other Stockholder Equity	192.1M	199.1M	757.9M	767.7M	882.8M	927.0M
Total Liab	503.4M	615.6M	577.6M	590.0M	597.4M	460.6M
Total Current Assets	514.0M	626.9M	1.3B	1.3B	1.5B	1.6B
Intangible Assets	80.5M	83.7M	99.7M	120.4M	147.7M	155.1M
Common Stock Shares Outstanding	133.9M	136.5M	158.8M	183.9M	202.4M	126.3M

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Other Information on Investing in Shandong Stock

Balance Sheet is a snapshot of the financial position of Shandong Link Science at a specified time, usually calculated after every quarter, six months, or one year. Shandong Link Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shandong Link 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 Change To Account Receivables vs Free Cash Flow Analysis

Change To Account Receivables vs Free Cash Flow

Change To Account Receivables vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Change To Account Receivables

Free Cash Flow

Shandong Link fundamental ratios Correlations

Shandong Link Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shandong Link fundamental ratios Accounts

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Other Information on Investing in Shandong Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Intangible Assets
Net Tangible Assets	+ 0.99	Other Liab

Other Stockholder Equity	- 0.96	Net Debt
Cash And Short Term Investments	- 0.95	Net Debt
Net Tangible Assets	- 0.93	Net Debt
Net Debt	- 0.93	Total Stockholder Equity
Other Liab	- 0.91	Net Debt
Cash	- 0.91	Net Debt