Shanghai Free Cash Flow vs Depreciation Analysis

002706 Stock

7.02 0.26 3.85%

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

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Liangxin Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Shanghai Liangxin's Free Cash Flow and Depreciation is 0.19. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of Shanghai Liangxin Electrical, assuming nothing else is changed. The correlation between historical values of Shanghai Liangxin's Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Shanghai Liangxin Electrical are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., Shanghai Liangxin's Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

0.19

Relationship Direction	Positive
Relationship Strength	Insignificant

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Free Cash Flow

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

Depreciation

Depreciation indicates how much of Shanghai Liangxin value has been used up. For tax purposes Shanghai Liangxin can deduct the cost of the tangible assets it purchases as business expenses. However, Shanghai Liangxin Electrical must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Shanghai Liangxin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Liangxin 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 Liangxin Electrical. 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 December 2, 2024, Selling General Administrative is expected to decline to about 306.8 M. In addition to that, Tax Provision is expected to decline to about 45 M

	2021	2022	2023	2024 (projected)
Operating Income	503.1M	416.9M	573.2M	601.9M
Total Revenue	4.0B	4.2B	4.6B	4.8B

Operating Income Total Revenue

Shanghai Liangxin fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Treasury Stock	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Good Will
Total Assets		0.0	0.95	0.98	0.72	0.97	0.94	0.97	0.98	0.59	0.87	0.29	0.93	0.96	0.94	0.99	0.45	-0.32	0.88	0.96	0.83	0.93	0.92	0.83	0.66	-0.88
Other Current Liab	0.0		0.2	-0.12	0.17	0.16	0.18	-0.04	0.06	0.47	0.29	-0.24	0.22	0.21	0.11	0.09	-0.11	0.04	0.2	0.11	0.18	0.02	0.05	0.23	0.26	-0.09
Total Current Liabilities	0.95	0.2		0.88	0.76	0.93	0.99	0.94	0.96	0.71	0.9	0.17	0.99	0.95	0.89	0.96	0.36	-0.36	0.83	0.98	0.76	0.91	0.93	0.89	0.79	-0.85
Total Stockholder Equity	0.98	-0.12	0.88		0.66	0.95	0.86	0.95	0.95	0.47	0.8	0.35	0.84	0.93	0.93	0.96	0.46	-0.29	0.87	0.91	0.83	0.89	0.87	0.75	0.52	-0.87
Other Liab	0.72	0.17	0.76	0.66		0.7	0.74	0.79	0.7	0.45	0.65	0.02	0.75	0.76	0.58	0.72	-0.01	-0.38	0.47	0.75	0.45	0.63	0.69	0.59	0.52	-0.6
Retained Earnings	0.97	0.16	0.93	0.95	0.7		0.91	0.92	0.97	0.66	0.88	0.31	0.9	0.97	0.97	0.99	0.41	-0.3	0.92	0.93	0.9	0.87	0.88	0.84	0.6	-0.92
Accounts Payable	0.94	0.18	0.99	0.86	0.74	0.91		0.92	0.95	0.76	0.92	0.18	1.0	0.92	0.88	0.95	0.41	-0.32	0.83	0.96	0.75	0.92	0.93	0.91	0.84	-0.82
Cash	0.97	-0.04	0.94	0.95	0.79	0.92	0.92		0.95	0.49	0.81	0.19	0.91	0.95	0.87	0.95	0.29	-0.36	0.78	0.97	0.72	0.9	0.91	0.79	0.61	-0.85
Other Assets	0.98	0.06	0.96	0.95	0.7	0.97	0.95	0.95		0.67	0.88	0.23	0.94	0.97	0.95	0.99	0.36	-0.36	0.88	0.98	0.84	0.9	0.93	0.9	0.68	-0.92
Net Receivables	0.59	0.47	0.71	0.47	0.45	0.66	0.76	0.49	0.67		0.78	0.08	0.76	0.63	0.65	0.66	0.45	-0.12	0.65	0.62	0.58	0.6	0.63	0.83	0.84	-0.54
Inventory	0.87	0.29	0.9	0.8	0.65	0.88	0.92	0.81	0.88	0.78		0.2	0.91	0.88	0.87	0.89	0.41	-0.22	0.91	0.85	0.79	0.93	0.93	0.92	0.78	-0.77
Other Current Assets	0.29	-0.24	0.17	0.35	0.02	0.31	0.18	0.19	0.23	0.08	0.2		0.15	0.19	0.43	0.31	0.33	-0.23	0.35	0.17	0.43	0.23	0.22	0.12	0.03	-0.49
Total Liab	0.93	0.22	0.99	0.84	0.75	0.9	1.0	0.91	0.94	0.76	0.91	0.15		0.92	0.87	0.94	0.38	-0.33	0.81	0.96	0.73	0.91	0.93	0.9	0.85	-0.81
Intangible Assets	0.96	0.21	0.95	0.93	0.76	0.97	0.92	0.95	0.97	0.63	0.88	0.19	0.92		0.93	0.97	0.31	-0.29	0.87	0.95	0.83	0.87	0.89	0.84	0.63	-0.89
Common Stock	0.94	0.11	0.89	0.93	0.58	0.97	0.88	0.87	0.95	0.65	0.87	0.43	0.87	0.93		0.97	0.43	-0.39	0.94	0.91	0.95	0.86	0.87	0.86	0.6	-0.95
Property Plant Equipment	0.99	0.09	0.96	0.96	0.72	0.99	0.95	0.95	0.99	0.66	0.89	0.31	0.94	0.97	0.97		0.41	-0.33	0.9	0.97	0.86	0.91	0.92	0.86	0.67	-0.92
Short Term Investments	0.45	-0.11	0.36	0.46	-0.01	0.41	0.41	0.29	0.36	0.45	0.41	0.33	0.38	0.31	0.43	0.41		0.24	0.54	0.25	0.43	0.5	0.32	0.28	0.46	-0.2
Treasury Stock	-0.32	0.04	-0.36	-0.29	-0.38	-0.3	-0.32	-0.36	-0.36	-0.12	-0.22	-0.23	-0.33	-0.29	-0.39	-0.33	0.24		-0.18	-0.45	-0.43	-0.26	-0.39	-0.34	-0.18	0.47
Net Tangible Assets	0.88	0.2	0.83	0.87	0.47	0.92	0.83	0.78	0.88	0.65	0.91	0.35	0.81	0.87	0.94	0.9	0.54	-0.18		0.82	0.91	0.89	0.86	0.81	0.57	-0.84
Deferred Long Term Liab	0.96	0.11	0.98	0.91	0.75	0.93	0.96	0.97	0.98	0.62	0.85	0.17	0.96	0.95	0.91	0.97	0.25	-0.45	0.82		0.79	0.89	0.94	0.88	0.68	-0.9
Long Term Investments	0.83	0.18	0.76	0.83	0.45	0.9	0.75	0.72	0.84	0.58	0.79	0.43	0.73	0.83	0.95	0.86	0.43	-0.43	0.91	0.79		0.75	0.75	0.76	0.47	-0.88
Total Current Assets	0.93	0.02	0.91	0.89	0.63	0.87	0.92	0.9	0.9	0.6	0.93	0.23	0.91	0.87	0.86	0.91	0.5	-0.26	0.89	0.89	0.75		0.97	0.84	0.73	-0.76
Non Current Assets Total	0.92	0.05	0.93	0.87	0.69	0.88	0.93	0.91	0.93	0.63	0.93	0.22	0.93	0.89	0.87	0.92	0.32	-0.39	0.86	0.94	0.75	0.97		0.89	0.71	-0.82
Non Currrent Assets Other	0.83	0.23	0.89	0.75	0.59	0.84	0.91	0.79	0.9	0.83	0.92	0.12	0.9	0.84	0.86	0.86	0.28	-0.34	0.81	0.88	0.76	0.84	0.89		0.82	-0.81
Non Current Liabilities Total	0.66	0.26	0.79	0.52	0.52	0.6	0.84	0.61	0.68	0.84	0.78	0.03	0.85	0.63	0.6	0.67	0.46	-0.18	0.57	0.68	0.47	0.73	0.71	0.82		-0.49
Good Will	-0.88	-0.09	-0.85	-0.87	-0.6	-0.92	-0.82	-0.85	-0.92	-0.54	-0.77	-0.49	-0.81	-0.89	-0.95	-0.92	-0.2	0.47	-0.84	-0.9	-0.88	-0.76	-0.82	-0.81	-0.49

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Shanghai Liangxin Account Relationship Matchups

Shanghai Liangxin fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	3.3B	4.4B	5.7B	5.8B	6.1B
Other Current Liab	73.8M	225.2M	200.5M	3.0M	6.8M	6.4M
Total Current Liabilities	513.8M	1.2B	1.8B	1.7B	1.6B	1.7B
Total Stockholder Equity	1.8B	2.0B	2.2B	3.7B	4.1B	4.3B
Other Liab	5.3M	9.3M	32.6M	34.8M	40.0M	42.0M
Retained Earnings	747.5M	930.9M	1.1B	1.0B	1.3B	1.3B
Accounts Payable	329.9M	671.1M	1.3B	1.2B	1.0B	1.1B
Cash	285.3M	547.5M	615.3M	931.0M	1.0B	1.1B
Other Assets	119.9M	249.1M	223.5M	380.4M	437.5M	459.4M
Net Receivables	551.8M	356.3M	1.4B	573.7M	523.0M	458.0M
Inventory	269.0M	354.9M	507.7M	504.3M	461.8M	253.1M
Other Current Assets	11.0M	2.2M	23.2M	108.3M	150.1M	157.6M
Total Liab	523.1M	1.2B	2.2B	2.0B	1.7B	1.8B
Intangible Assets	101.5M	148.9M	159.6M	162.6M	183.1M	192.3M
Common Stock	785.3M	785.0M	784.7M	1.0B	1.2B	1.2B
Property Plant Equipment	656.6M	696.9M	953.4M	1.3B	1.5B	1.6B
Short Term Investments	500M	50.4M	50.7M	553.9M	351.4M	371.1M
Net Tangible Assets	1.7B	1.7B	1.9B	2.0B	2.3B	1.8B
Deferred Long Term Liab	31.8M	64.4M	90.8M	116.3M	133.7M	140.4M
Total Current Assets	1.2B	1.9B	2.5B	3.5B	3.3B	2.1B
Non Current Assets Total	1.1B	1.4B	1.9B	2.3B	2.5B	1.5B
Non Currrent Assets Other	145.3M	84.6M	209.2M	174.0M	146.8M	117.8M
Non Current Liabilities Total	9.3M	32.6M	371.4M	302.1M	53.8M	107.4M
Common Stock Shares Outstanding	1.0B	1.0B	1.0B	1.1B	1.3B	1.2B
Net Invested Capital	1.8B	2.1B	2.7B	4.1B	4.3B	2.9B
Net Working Capital	724.2M	701.1M	662.9M	1.8B	1.6B	1.2B
Capital Stock	785.0M	784.7M	1.0B	1.1B	1.3B	1.0B

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TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

Other Information on Investing in Shanghai Stock

Balance Sheet is a snapshot of the financial position of Shanghai Liangxin at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Liangxin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Liangxin 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.

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Shanghai Free Cash Flow vs Depreciation Analysis

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

Correlation Coefficient

Free Cash Flow

Depreciation

Shanghai Liangxin fundamental ratios Correlations

Shanghai Liangxin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shanghai Liangxin fundamental ratios Accounts

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Other Information on Investing in Shanghai Stock

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Total Liab	+ 1.0	Accounts Payable
Property Plant Equipment	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Property Plant Equipment	+ 0.99	Retained Earnings
Property Plant Equipment	+ 0.99	Other Assets

Good Will	- 0.95	Common Stock
Good Will	- 0.92	Property Plant Equipment
Good Will	- 0.92	Other Assets
Good Will	- 0.92	Retained Earnings
Good Will	- 0.9	Deferred Long Term Liab
Good Will	- 0.89	Intangible Assets