Shanghai Non Current Assets Total vs Short Term Investments Analysis

002605 Stock   29.99  0.19  0.64%   
Shanghai Yaoji financial indicator trend analysis is much more than just breaking down Shanghai Yaoji Playing prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Yaoji Playing is a good investment. Please check the relationship between Shanghai Yaoji Non Current Assets Total and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Yaoji Playing. 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.

Non Current Assets Total vs Short Term Investments

Non Current Assets Total vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Yaoji Playing Non Current Assets Total account and Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Shanghai Yaoji's Non Current Assets Total and Short Term Investments is -0.73. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Shanghai Yaoji Playing, assuming nothing else is changed. The correlation between historical values of Shanghai Yaoji's Non Current Assets Total and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Shanghai Yaoji Playing are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Non Current Assets Total i.e., Shanghai Yaoji's Non Current Assets Total and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Short Term Investments

Short Term Investments is an item under the current assets section of Shanghai Yaoji balance sheet. It contains any investments Shanghai Yaoji Playing undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Shanghai Yaoji Playing can easily liquidate in the marketplace.
Most indicators from Shanghai Yaoji's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Yaoji Playing 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 Shanghai Yaoji Playing. 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.
As of November 26, 2024, Selling General Administrative is expected to decline to about 196.1 M. In addition to that, Tax Provision is expected to decline to about 79.7 M
 2021 2022 2023 2024 (projected)
Operating Income650.6M569.7M794.5M834.3M
Total Revenue3.8B3.9B4.3B4.5B

Shanghai Yaoji fundamental ratios Correlations

0.260.880.970.980.940.940.540.91-0.610.680.10.85-0.060.680.72-0.650.630.490.820.880.94-0.740.910.60.88
0.260.550.140.170.150.220.1-0.07-0.350.070.250.520.00.280.41-0.10.26-0.10.570.160.45-0.070.520.280.56
0.880.550.780.840.840.820.590.69-0.660.670.130.97-0.160.710.7-0.610.680.430.930.870.95-0.710.940.620.92
0.970.140.780.970.910.90.520.94-0.510.720.10.72-0.010.660.73-0.620.460.60.730.870.86-0.650.80.420.76
0.980.170.840.970.950.940.510.95-0.60.750.110.79-0.20.580.67-0.760.560.60.740.920.91-0.780.860.520.81
0.940.150.840.910.950.920.520.91-0.530.760.150.81-0.150.580.62-0.680.60.550.70.910.86-0.810.820.550.81
0.940.220.820.90.940.920.380.86-0.520.690.050.82-0.210.480.77-0.620.690.450.760.870.91-0.830.880.650.85
0.540.10.590.520.510.520.380.44-0.160.54-0.180.53-0.010.780.2-0.240.260.380.40.510.43-0.390.40.210.37
0.91-0.070.690.940.950.910.860.44-0.560.680.040.63-0.130.490.59-0.730.430.60.630.860.8-0.70.730.380.69
-0.61-0.35-0.66-0.51-0.6-0.53-0.52-0.16-0.56-0.10.05-0.660.05-0.36-0.250.7-0.53-0.12-0.71-0.53-0.730.47-0.74-0.52-0.75
0.680.070.670.720.750.760.690.540.68-0.10.310.58-0.430.440.65-0.550.280.830.50.860.63-0.610.540.190.47
0.10.250.130.10.110.150.05-0.180.040.050.310.1-0.24-0.040.23-0.07-0.020.080.110.090.15-0.010.14-0.020.14
0.850.520.970.720.790.810.820.530.63-0.660.580.1-0.170.670.66-0.560.830.290.920.810.94-0.760.950.780.93
-0.060.0-0.16-0.01-0.2-0.15-0.21-0.01-0.130.05-0.43-0.24-0.170.41-0.010.53-0.19-0.26-0.04-0.3-0.220.36-0.19-0.16-0.12
0.680.280.710.660.580.580.480.780.49-0.360.44-0.040.670.410.47-0.130.410.320.660.550.58-0.350.570.370.56
0.720.410.70.730.670.620.770.20.59-0.250.650.230.66-0.010.47-0.260.410.420.770.690.74-0.460.720.360.69
-0.65-0.1-0.61-0.62-0.76-0.68-0.62-0.24-0.730.7-0.55-0.07-0.560.53-0.13-0.26-0.37-0.6-0.49-0.76-0.690.67-0.64-0.33-0.57
0.630.260.680.460.560.60.690.260.43-0.530.28-0.020.83-0.190.410.41-0.37-0.070.690.540.72-0.760.780.990.76
0.49-0.10.430.60.60.550.450.380.6-0.120.830.080.29-0.260.320.42-0.6-0.070.280.750.39-0.340.27-0.160.18
0.820.570.930.730.740.70.760.40.63-0.710.50.110.92-0.040.660.77-0.490.690.280.760.93-0.560.940.630.94
0.880.160.870.870.920.910.870.510.86-0.530.860.090.81-0.30.550.69-0.760.540.750.760.87-0.770.80.460.74
0.940.450.950.860.910.860.910.430.8-0.730.630.150.94-0.220.580.74-0.690.720.390.930.87-0.730.990.680.96
-0.74-0.07-0.71-0.65-0.78-0.81-0.83-0.39-0.70.47-0.61-0.01-0.760.36-0.35-0.460.67-0.76-0.34-0.56-0.77-0.73-0.74-0.73-0.67
0.910.520.940.80.860.820.880.40.73-0.740.540.140.95-0.190.570.72-0.640.780.270.940.80.99-0.740.750.98
0.60.280.620.420.520.550.650.210.38-0.520.19-0.020.78-0.160.370.36-0.330.99-0.160.630.460.68-0.730.750.74
0.880.560.920.760.810.810.850.370.69-0.750.470.140.93-0.120.560.69-0.570.760.180.940.740.96-0.670.980.74
Click cells to compare fundamentals

Shanghai Yaoji Account Relationship Matchups

Shanghai Yaoji fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B3.9B4.0B4.4B4.7B5.0B
Other Current Liab136.2M111.5M207.7M189.6M3.1M3.0M
Total Current Liabilities1.0B1.2B1.3B1.5B1.3B688.2M
Total Stockholder Equity1.5B2.1B2.4B2.7B3.2B3.4B
Retained Earnings958.0M1.6B2.0B2.2B2.5B2.6B
Accounts Payable337.5M407.9M365.7M632.4M550.8M578.3M
Cash505.5M659.1M582.2M757.1M720.8M756.8M
Other Assets110.2M119.8M162.3M173.4M199.4M117.1M
Net Receivables181.9M250.7M322.7M442.7M700.3M735.4M
Inventory176.8M271.2M317.5M381.4M417.4M271.1M
Other Current Assets7.4M38.4M82.2M74.4M29.7M39.4M
Total Liab1.4B1.8B1.5B1.7B1.5B803.9M
Intangible Assets275.1M74.1M70.8M87.9M84.2M162.1M
Common Stock399.9M402.0M404.4M406.5M467.4M303.4M
Property Plant Equipment411.0M382.1M473.8M457.2M525.8M367.8M
Other Liab284.3M406.9M133.0M131.0M150.7M123.1M
Net Tangible Assets190.3M739.2M1.1B1.5B1.7B962.1M
Total Current Assets873.4M1.3B1.4B1.7B2.0B1.3B
Non Current Assets Total2.1B2.6B2.6B2.7B2.8B2.4B
Good Will794.4M1.0B1.2B1.2B1.1B954.7M
Non Current Liabilities Total434.5M622.2M216.9M150.9M144.1M217.5M
Short Long Term Debt455.3M474.3M408.2M506.2M399.1M386.3M
Common Stock Shares Outstanding399.9M402.0M404.5M406.5M412.1M443.1M
Net Invested Capital2.0B2.7B2.9B3.2B3.6B2.9B
Net Working Capital(141.9M)149.7M42.2M199.2M641.3M673.4M
Deferred Long Term Liab6.3M12.5M16.6M16.3M18.8M11.4M
Capital Stock399.9M402.0M404.4M406.5M412.1M444.2M

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Other Information on Investing in Shanghai Stock

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