Shenzhen Net Debt vs Inventory Analysis

002106 Stock

11.32 0.24 2.08%

Shenzhen Laibao financial indicator trend analysis is much more than just breaking down Shenzhen Laibao High prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Laibao High is a good investment. Please check the relationship between Shenzhen Laibao Net Debt and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Laibao High Technology. 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.

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Laibao High Net Debt account and Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Shenzhen Laibao's Net Debt and Inventory is -0.69. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Inventory in the same time period over historical financial statements of Shenzhen Laibao High Technology, assuming nothing else is changed. The correlation between historical values of Shenzhen Laibao's Net Debt and Inventory 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 Debt of Shenzhen Laibao High Technology are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Debt i.e., Shenzhen Laibao's Net Debt and Inventory go up and down completely randomly.

Correlation Coefficient

-0.69

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Inventory

Most indicators from Shenzhen Laibao's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Laibao High 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 Shenzhen Laibao High Technology. 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 129.7 M, whereas Tax Provision is forecasted to decline to about 27.6 M.

	2021	2022	2023	2024 (projected)
Net Interest Income	32.6M	27.3M	65.8M	34.3M
Tax Provision	4.1M	20.8M	46.4M	27.6M

Net Interest Income Tax Provision

Shenzhen Laibao 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	Long Term Debt	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Short Term Debt
Total Assets		-0.19	0.26	0.9	0.99	0.54	-0.79	0.58	0.89	0.75	0.62	0.47	-0.7	0.75	0.89	0.82	0.92	0.24	0.83	0.93	0.97	0.11	0.86	0.46	0.43	-0.36
Short Long Term Debt Total	-0.19		-0.27	-0.24	-0.15	0.2	0.33	-0.13	-0.26	-0.29	0.18	-0.01	-0.14	-0.29	-0.31	-0.46	-0.3	-0.23	-0.21	-0.29	-0.28	0.7	0.02	0.31	-0.47	0.97
Other Current Liab	0.26	-0.27		0.26	0.26	-0.11	-0.11	-0.08	0.24	0.07	-0.04	-0.07	-0.24	0.07	0.41	0.13	0.28	-0.15	0.24	0.25	0.32	-0.31	0.25	-0.17	-0.4	-0.28
Total Current Liabilities	0.9	-0.24	0.26		0.83	0.23	-0.7	0.54	0.99	0.67	0.31	0.4	-0.46	0.67	0.97	0.67	0.95	0.12	0.63	0.99	0.95	-0.15	0.62	0.17	0.48	-0.36
Total Stockholder Equity	0.99	-0.15	0.26	0.83		0.61	-0.79	0.59	0.82	0.75	0.68	0.47	-0.75	0.75	0.82	0.82	0.87	0.25	0.85	0.87	0.93	0.2	0.9	0.53	0.39	-0.33
Property Plant And Equipment Net	0.54	0.2	-0.11	0.23	0.61		-0.24	0.1	0.23	0.25	0.99	0.19	-0.7	0.25	0.2	0.6	0.29	0.62	0.76	0.3	0.31	0.72	0.74	0.99	0.0	0.07
Net Debt	-0.79	0.33	-0.11	-0.7	-0.79	-0.24		-0.89	-0.67	-0.99	-0.31	-0.46	0.54	-0.99	-0.66	-0.6	-0.69	0.01	-0.54	-0.72	-0.82	0.04	-0.62	-0.15	-0.72	0.49
Retained Earnings	0.58	-0.13	-0.08	0.54	0.59	0.1	-0.89		0.5	0.9	0.15	0.47	-0.43	0.91	0.46	0.29	0.51	-0.04	0.2	0.53	0.63	0.04	0.42	0.03	0.73	-0.28
Accounts Payable	0.89	-0.26	0.24	0.99	0.82	0.23	-0.67	0.5		0.63	0.31	0.4	-0.45	0.64	0.97	0.69	0.96	0.17	0.64	0.99	0.94	-0.15	0.61	0.17	0.49	-0.38
Cash	0.75	-0.29	0.07	0.67	0.75	0.25	-0.99	0.9	0.63		0.31	0.45	-0.53	1.0	0.62	0.56	0.64	-0.02	0.51	0.68	0.77	-0.01	0.58	0.16	0.72	-0.45
Non Current Assets Total	0.62	0.18	-0.04	0.31	0.68	0.99	-0.31	0.15	0.31	0.31		0.18	-0.76	0.31	0.29	0.63	0.37	0.59	0.81	0.38	0.39	0.7	0.81	0.97	0.02	0.04
Non Currrent Assets Other	0.47	-0.01	-0.07	0.4	0.47	0.19	-0.46	0.47	0.4	0.45	0.18		-0.21	0.46	0.37	0.46	0.51	-0.04	0.26	0.43	0.49	0.01	0.24	0.13	0.3	-0.12
Long Term Debt	-0.7	-0.14	-0.24	-0.46	-0.75	-0.7	0.54	-0.43	-0.45	-0.53	-0.76	-0.21		-0.53	-0.48	-0.44	-0.54	-0.19	-0.68	-0.48	-0.57	-0.62	-0.93	-0.68	-0.14	0.06
Cash And Short Term Investments	0.75	-0.29	0.07	0.67	0.75	0.25	-0.99	0.91	0.64	1.0	0.31	0.46	-0.53		0.63	0.57	0.65	-0.02	0.51	0.69	0.78	-0.01	0.58	0.16	0.73	-0.45
Net Receivables	0.89	-0.31	0.41	0.97	0.82	0.2	-0.66	0.46	0.97	0.62	0.29	0.37	-0.48	0.63		0.7	0.96	0.1	0.67	0.97	0.94	-0.19	0.63	0.13	0.41	-0.42
Non Current Liabilities Total	0.82	-0.46	0.13	0.67	0.82	0.6	-0.6	0.29	0.69	0.56	0.63	0.46	-0.44	0.57	0.7		0.75	0.45	0.9	0.75	0.76	-0.02	0.66	0.5	0.42	-0.55
Inventory	0.92	-0.3	0.28	0.95	0.87	0.29	-0.69	0.51	0.96	0.64	0.37	0.51	-0.54	0.65	0.96	0.75		0.18	0.69	0.96	0.95	-0.11	0.68	0.22	0.48	-0.44
Other Current Assets	0.24	-0.23	-0.15	0.12	0.25	0.62	0.01	-0.04	0.17	-0.02	0.59	-0.04	-0.19	-0.02	0.1	0.45	0.18		0.4	0.18	0.09	0.23	0.25	0.58	0.08	-0.25
Other Stockholder Equity	0.83	-0.21	0.24	0.63	0.85	0.76	-0.54	0.2	0.64	0.51	0.81	0.26	-0.68	0.51	0.67	0.9	0.69	0.4		0.7	0.71	0.26	0.84	0.7	0.22	-0.33
Total Liab	0.93	-0.29	0.25	0.99	0.87	0.3	-0.72	0.53	0.99	0.68	0.38	0.43	-0.48	0.69	0.97	0.75	0.96	0.18	0.7		0.96	-0.14	0.66	0.23	0.5	-0.41
Total Current Assets	0.97	-0.28	0.32	0.95	0.93	0.31	-0.82	0.63	0.94	0.77	0.39	0.49	-0.57	0.78	0.94	0.76	0.95	0.09	0.71	0.96		-0.1	0.74	0.22	0.5	-0.43
Intangible Assets	0.11	0.7	-0.31	-0.15	0.2	0.72	0.04	0.04	-0.15	-0.01	0.7	0.01	-0.62	-0.01	-0.19	-0.02	-0.11	0.23	0.26	-0.14	-0.1		0.48	0.79	-0.19	0.59
Common Stock	0.86	0.02	0.25	0.62	0.9	0.74	-0.62	0.42	0.61	0.58	0.81	0.24	-0.93	0.58	0.63	0.66	0.68	0.25	0.84	0.66	0.74	0.48		0.69	0.21	-0.18
Property Plant Equipment	0.46	0.31	-0.17	0.17	0.53	0.99	-0.15	0.03	0.17	0.16	0.97	0.13	-0.68	0.16	0.13	0.5	0.22	0.58	0.7	0.23	0.22	0.79	0.69		-0.06	0.2
Current Deferred Revenue	0.43	-0.47	-0.4	0.48	0.39	0.0	-0.72	0.73	0.49	0.72	0.02	0.3	-0.14	0.73	0.41	0.42	0.48	0.08	0.22	0.5	0.5	-0.19	0.21	-0.06		-0.56
Short Term Debt	-0.36	0.97	-0.28	-0.36	-0.33	0.07	0.49	-0.28	-0.38	-0.45	0.04	-0.12	0.06	-0.45	-0.42	-0.55	-0.44	-0.25	-0.33	-0.41	-0.43	0.59	-0.18	0.2	-0.56

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Shenzhen Laibao Account Relationship Matchups

Shenzhen Laibao fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.3B	6.2B	6.5B	6.2B	6.7B	4.0B
Other Current Liab	157.2M	200.5M	1.2M	193.5M	16.0M	15.2M
Total Current Liabilities	1.1B	1.6B	1.6B	1.0B	1.2B	667.0M
Total Stockholder Equity	4.1B	4.4B	4.7B	5.0B	5.2B	3.2B
Property Plant And Equipment Net	1.2B	1.1B	1.1B	1.3B	1.4B	1.2B
Net Debt	(1.9B)	(1.9B)	(2.3B)	(2.6B)	(3.0B)	(2.9B)
Retained Earnings	1.0B	1.3B	1.7B	2.0B	2.2B	2.3B
Accounts Payable	884.0M	1.3B	1.3B	787.3M	976.3M	505.0M
Cash	1.9B	2.0B	2.3B	2.7B	3.0B	3.2B
Non Current Assets Total	1.5B	1.4B	1.3B	1.5B	1.7B	1.4B
Non Currrent Assets Other	20.7M	6.2M	78.5M	89.0M	18.0M	28.6M
Cash And Short Term Investments	1.9B	2.0B	2.4B	2.7B	3.0B	3.2B
Net Receivables	1.4B	2.1B	2.0B	1.4B	1.4B	858.8M
Liabilities And Stockholders Equity	5.3B	6.2B	6.5B	6.2B	6.7B	4.0B
Non Current Liabilities Total	174.5M	162.1M	247.2M	250.5M	254.0M	148.4M
Inventory	536.0M	652.9M	831.6M	585.0M	561.9M	330.6M
Other Current Assets	20.5M	25.4M	11.6M	24.2M	20.3M	18.5M
Other Stockholder Equity	2.4B	2.3B	2.0B	2.0B	2.3B	1.6B
Total Liab	1.3B	1.8B	1.9B	1.3B	1.5B	815.4M
Total Current Assets	3.8B	4.8B	5.2B	4.7B	5.0B	2.7B
Intangible Assets	95.5M	92.6M	89.7M	86.8M	104.7M	122.5M
Property Plant Equipment	1.3B	1.2B	1.1B	1.1B	1.3B	1.1B
Other Assets	46.2M	1.0	74.5M	107.6M	123.8M	129.9M
Other Liab	189.3M	174.5M	162.1M	221.1M	254.3M	147.1M
Short Term Investments	(1.1M)	(721.1K)	34.2M	25.8M	(51.8M)	(49.3M)
Net Tangible Assets	3.7B	4.0B	4.3B	4.6B	5.3B	4.3B
Deferred Long Term Liab	1.6M	1.1M	721.1K	22.3M	25.6M	26.9M
Net Invested Capital	4.1B	4.4B	4.7B	5.0B	5.2B	4.9B
Net Working Capital	2.8B	3.2B	3.6B	3.7B	3.8B	3.4B

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

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Shenzhen Net Debt vs Inventory Analysis

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

Correlation Coefficient

Net Debt

Inventory

Shenzhen Laibao fundamental ratios Correlations

Shenzhen Laibao Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen Laibao fundamental ratios Accounts

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Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Property Plant Equipment	+ 0.99	Property Plant And Equipment Net

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Common Stock	- 0.93	Long Term Debt
Retained Earnings	- 0.89	Net Debt
Total Current Assets	- 0.82	Net Debt
Net Debt	- 0.79	Total Stockholder Equity