Shenzhen Other Current Liab vs Property Plant Equipment Analysis

002106 Stock   11.56  0.60  5.47%   
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 Other Current Liab and its Property Plant Equipment 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.

Other Current Liab vs Property Plant Equipment

Other Current Liab vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Laibao High Other Current Liab account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shenzhen Laibao's Other Current Liab and Property Plant Equipment is -0.17. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Property Plant Equipment 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 Other Current Liab 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 Other Current Liab of Shenzhen Laibao High Technology 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 Other Current Liab i.e., Shenzhen Laibao's Other Current Liab and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Property Plant Equipment

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 Income32.6M27.3M65.8M34.3M
Tax Provision4.1M20.8M46.4M27.6M

Shenzhen Laibao fundamental ratios Correlations

-0.190.260.90.990.54-0.790.580.890.750.620.47-0.70.750.890.820.920.240.830.930.970.110.860.460.43-0.36
-0.19-0.27-0.24-0.150.20.33-0.13-0.26-0.290.18-0.01-0.14-0.29-0.31-0.46-0.3-0.23-0.21-0.29-0.280.70.020.31-0.470.97
0.26-0.270.260.26-0.11-0.11-0.080.240.07-0.04-0.07-0.240.070.410.130.28-0.150.240.250.32-0.310.25-0.17-0.4-0.28
0.9-0.240.260.830.23-0.70.540.990.670.310.4-0.460.670.970.670.950.120.630.990.95-0.150.620.170.48-0.36
0.99-0.150.260.830.61-0.790.590.820.750.680.47-0.750.750.820.820.870.250.850.870.930.20.90.530.39-0.33
0.540.2-0.110.230.61-0.240.10.230.250.990.19-0.70.250.20.60.290.620.760.30.310.720.740.990.00.07
-0.790.33-0.11-0.7-0.79-0.24-0.89-0.67-0.99-0.31-0.460.54-0.99-0.66-0.6-0.690.01-0.54-0.72-0.820.04-0.62-0.15-0.720.49
0.58-0.13-0.080.540.590.1-0.890.50.90.150.47-0.430.910.460.290.51-0.040.20.530.630.040.420.030.73-0.28
0.89-0.260.240.990.820.23-0.670.50.630.310.4-0.450.640.970.690.960.170.640.990.94-0.150.610.170.49-0.38
0.75-0.290.070.670.750.25-0.990.90.630.310.45-0.531.00.620.560.64-0.020.510.680.77-0.010.580.160.72-0.45
0.620.18-0.040.310.680.99-0.310.150.310.310.18-0.760.310.290.630.370.590.810.380.390.70.810.970.020.04
0.47-0.01-0.070.40.470.19-0.460.470.40.450.18-0.210.460.370.460.51-0.040.260.430.490.010.240.130.3-0.12
-0.7-0.14-0.24-0.46-0.75-0.70.54-0.43-0.45-0.53-0.76-0.21-0.53-0.48-0.44-0.54-0.19-0.68-0.48-0.57-0.62-0.93-0.68-0.140.06
0.75-0.290.070.670.750.25-0.990.910.641.00.310.46-0.530.630.570.65-0.020.510.690.78-0.010.580.160.73-0.45
0.89-0.310.410.970.820.2-0.660.460.970.620.290.37-0.480.630.70.960.10.670.970.94-0.190.630.130.41-0.42
0.82-0.460.130.670.820.6-0.60.290.690.560.630.46-0.440.570.70.750.450.90.750.76-0.020.660.50.42-0.55
0.92-0.30.280.950.870.29-0.690.510.960.640.370.51-0.540.650.960.750.180.690.960.95-0.110.680.220.48-0.44
0.24-0.23-0.150.120.250.620.01-0.040.17-0.020.59-0.04-0.19-0.020.10.450.180.40.180.090.230.250.580.08-0.25
0.83-0.210.240.630.850.76-0.540.20.640.510.810.26-0.680.510.670.90.690.40.70.710.260.840.70.22-0.33
0.93-0.290.250.990.870.3-0.720.530.990.680.380.43-0.480.690.970.750.960.180.70.96-0.140.660.230.5-0.41
0.97-0.280.320.950.930.31-0.820.630.940.770.390.49-0.570.780.940.760.950.090.710.96-0.10.740.220.5-0.43
0.110.7-0.31-0.150.20.720.040.04-0.15-0.010.70.01-0.62-0.01-0.19-0.02-0.110.230.26-0.14-0.10.480.79-0.190.59
0.860.020.250.620.90.74-0.620.420.610.580.810.24-0.930.580.630.660.680.250.840.660.740.480.690.21-0.18
0.460.31-0.170.170.530.99-0.150.030.170.160.970.13-0.680.160.130.50.220.580.70.230.220.790.69-0.060.2
0.43-0.47-0.40.480.390.0-0.720.730.490.720.020.3-0.140.730.410.420.480.080.220.50.5-0.190.21-0.06-0.56
-0.360.97-0.28-0.36-0.330.070.49-0.28-0.38-0.450.04-0.120.06-0.45-0.42-0.55-0.44-0.25-0.33-0.41-0.430.59-0.180.2-0.56
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Shenzhen Laibao Account Relationship Matchups

Shenzhen Laibao fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3B6.2B6.5B6.2B6.7B4.0B
Other Current Liab157.2M200.5M1.2M193.5M16.0M15.2M
Total Current Liabilities1.1B1.6B1.6B1.0B1.2B667.0M
Total Stockholder Equity4.1B4.4B4.7B5.0B5.2B3.2B
Property Plant And Equipment Net1.2B1.1B1.1B1.3B1.4B1.2B
Net Debt(1.9B)(1.9B)(2.3B)(2.6B)(3.0B)(2.9B)
Retained Earnings1.0B1.3B1.7B2.0B2.2B2.3B
Accounts Payable884.0M1.3B1.3B787.3M976.3M505.0M
Cash1.9B2.0B2.3B2.7B3.0B3.2B
Non Current Assets Total1.5B1.4B1.3B1.5B1.7B1.4B
Non Currrent Assets Other20.7M6.2M78.5M89.0M18.0M28.6M
Cash And Short Term Investments1.9B2.0B2.4B2.7B3.0B3.2B
Net Receivables1.4B2.1B2.0B1.4B1.4B858.8M
Liabilities And Stockholders Equity5.3B6.2B6.5B6.2B6.7B4.0B
Non Current Liabilities Total174.5M162.1M247.2M250.5M254.0M148.4M
Inventory536.0M652.9M831.6M585.0M561.9M330.6M
Other Current Assets20.5M25.4M11.6M24.2M20.3M18.5M
Other Stockholder Equity2.4B2.3B2.0B2.0B2.3B1.6B
Total Liab1.3B1.8B1.9B1.3B1.5B815.4M
Total Current Assets3.8B4.8B5.2B4.7B5.0B2.7B
Intangible Assets95.5M92.6M89.7M86.8M104.7M122.5M
Property Plant Equipment1.3B1.2B1.1B1.1B1.3B1.1B
Other Assets46.2M1.074.5M107.6M123.8M129.9M
Other Liab189.3M174.5M162.1M221.1M254.3M147.1M
Short Term Investments(1.1M)(721.1K)34.2M25.8M(51.8M)(49.3M)
Net Tangible Assets3.7B4.0B4.3B4.6B5.3B4.3B
Deferred Long Term Liab1.6M1.1M721.1K22.3M25.6M26.9M
Net Invested Capital4.1B4.4B4.7B5.0B5.2B4.9B
Net Working Capital2.8B3.2B3.6B3.7B3.8B3.4B

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Other Information on Investing in Shenzhen Stock

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.