Shenzhen Change To Liabilities vs Other Non Cash Items Analysis

002786 Stock   11.76  0.09  0.77%   
Shenzhen Silver financial indicator trend analysis is much more than just breaking down Shenzhen Silver Basis prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Silver Basis is a good investment. Please check the relationship between Shenzhen Silver Change To Liabilities and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Silver Basis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Change To Liabilities vs Other Non Cash Items

Change To Liabilities vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Silver Basis Change To Liabilities account and Other Non Cash Items. At this time, the significance of the direction appears to have pay attention.
The correlation between Shenzhen Silver's Change To Liabilities and Other Non Cash Items is -0.83. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Shenzhen Silver Basis, assuming nothing else is changed. The correlation between historical values of Shenzhen Silver's Change To Liabilities and Other Non Cash Items 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 Liabilities of Shenzhen Silver Basis are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Liabilities i.e., Shenzhen Silver's Change To Liabilities and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Change To Liabilities

Other Non Cash Items

Most indicators from Shenzhen Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Silver Basis 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 Silver Basis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 134.1 M. The current year's Tax Provision is expected to grow to about 4.8 M
 2021 2022 2023 2024 (projected)
Cost Of Revenue2.5B2.3B2.1B2.3B
Research Development180.8M171.8M151.9M110.8M

Shenzhen Silver fundamental ratios Correlations

0.570.970.30.81-0.360.970.390.830.680.7-0.230.960.430.970.920.910.9-0.6-0.930.080.860.870.520.90.77
0.570.66-0.110.62-0.280.520.260.540.00.23-0.020.650.650.620.620.430.47-0.58-0.47-0.220.560.820.620.580.43
0.970.660.060.9-0.530.930.260.730.540.51-0.240.930.41.00.940.90.94-0.77-0.880.110.830.90.460.930.85
0.3-0.110.06-0.230.70.30.670.580.430.830.170.330.370.070.110.1-0.040.55-0.25-0.390.320.080.50.02-0.26
0.810.620.9-0.23-0.760.76-0.080.540.390.24-0.560.760.190.890.820.80.86-0.87-0.790.270.750.830.160.940.93
-0.36-0.28-0.530.7-0.76-0.340.460.1-0.190.270.56-0.250.28-0.54-0.44-0.53-0.640.890.4-0.69-0.19-0.40.37-0.59-0.8
0.970.520.930.30.76-0.340.490.80.690.72-0.190.950.310.940.850.840.84-0.56-0.860.10.780.80.480.820.68
0.390.260.260.67-0.080.460.490.490.350.70.40.470.320.260.160.160.130.19-0.19-0.290.180.240.560.01-0.19
0.830.540.730.580.540.10.80.490.520.79-0.090.870.630.720.740.630.53-0.2-0.78-0.360.90.740.740.690.4
0.680.00.540.430.39-0.190.690.350.520.67-0.130.60.080.610.530.760.61-0.2-0.780.420.470.430.230.520.42
0.70.230.510.830.240.270.720.70.790.67-0.020.740.450.520.530.470.360.11-0.6-0.150.620.510.630.450.14
-0.23-0.02-0.240.17-0.560.56-0.190.4-0.09-0.13-0.02-0.130.27-0.24-0.19-0.23-0.260.340.33-0.46-0.29-0.170.46-0.48-0.51
0.960.650.930.330.76-0.250.950.470.870.60.74-0.130.550.920.910.810.79-0.51-0.86-0.090.890.920.670.860.65
0.430.650.40.370.190.280.310.320.630.080.450.270.550.360.590.30.23-0.03-0.38-0.510.640.620.880.380.13
0.970.621.00.070.89-0.540.940.260.720.610.52-0.240.920.360.930.930.95-0.76-0.90.170.810.880.430.930.86
0.920.620.940.110.82-0.440.850.160.740.530.53-0.190.910.590.930.870.88-0.65-0.870.050.90.910.560.930.82
0.910.430.90.10.8-0.530.840.160.630.760.47-0.230.810.30.930.870.96-0.7-0.950.320.730.770.320.870.86
0.90.470.94-0.040.86-0.640.840.130.530.610.36-0.260.790.230.950.880.96-0.82-0.860.340.690.770.240.880.93
-0.6-0.58-0.770.55-0.870.89-0.560.19-0.2-0.20.110.34-0.51-0.03-0.76-0.65-0.7-0.820.57-0.42-0.41-0.650.03-0.72-0.88
-0.93-0.47-0.88-0.25-0.790.4-0.86-0.19-0.78-0.78-0.60.33-0.86-0.38-0.9-0.87-0.95-0.860.57-0.2-0.84-0.81-0.42-0.91-0.78
0.08-0.220.11-0.390.27-0.690.1-0.29-0.360.42-0.15-0.46-0.09-0.510.170.050.320.34-0.42-0.2-0.22-0.07-0.610.160.41
0.860.560.830.320.75-0.190.780.180.90.470.62-0.290.890.640.810.90.730.69-0.41-0.84-0.220.850.630.890.66
0.870.820.90.080.83-0.40.80.240.740.430.51-0.170.920.620.880.910.770.77-0.65-0.81-0.070.850.650.890.7
0.520.620.460.50.160.370.480.560.740.230.630.460.670.880.430.560.320.240.03-0.42-0.610.630.650.350.02
0.90.580.930.020.94-0.590.820.010.690.520.45-0.480.860.380.930.930.870.88-0.72-0.910.160.890.890.350.9
0.770.430.85-0.260.93-0.80.68-0.190.40.420.14-0.510.650.130.860.820.860.93-0.88-0.780.410.660.70.020.9
Click cells to compare fundamentals

Shenzhen Silver Account Relationship Matchups

Shenzhen Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B4.3B4.3B4.0B4.1B3.6B
Other Current Liab271.0M469.7M401.1M170.0M164.7M236.5M
Total Current Liabilities2.9B3.4B3.3B3.2B3.1B2.5B
Total Stockholder Equity890.1M569.5M500.1M241.2M493.6M569.0M
Other Liab36.3M69.0M75.0M73.7M84.7M89.0M
Retained Earnings336.5M14.3M(582.2M)(900.3M)(702.9M)(667.8M)
Accounts Payable1.3B1.3B1.3B1.4B1.1B1.1B
Cash410.4M415.8M426.7M171.0M119.6M113.6M
Other Assets170.8M202.9M211.8M79.6M91.5M122.5M
Long Term Debt260.0M75.4M293.7M362.7M261.5M242.6M
Net Receivables824.1M639.9M710.0M558.1M445.4M737.0M
Inventory1.4B1.3B1.3B1.1B917.2M1.1B
Other Current Assets89.0M98.5M94.1M5.6M23.9M22.7M
Total Liab3.3B3.7B3.8B3.8B3.6B2.8B
Intangible Assets146.7M142.6M157.4M149.7M137.1M112.3M
Property Plant Equipment1.0B1.0B1.1B1.4B1.7B883.9M
Net Tangible Assets989.1M743.4M426.9M342.7M308.4M614.8M
Other Stockholder Equity(898.2K)(1.3M)(1.2M)1.1M958.0K1.0M
Deferred Long Term Liab52.1M58.5M49.9M38.3M44.1M46.9M
Short Long Term Debt1.0B1.0B1.1B620.8M456.8M688.1M
Total Current Assets2.8B2.7B2.5B2.1B1.8B1.9B
Non Current Assets Total1.5B1.5B1.8B1.9B2.4B1.7B
Non Currrent Assets Other28.3M40.1M6.3M6.1M763.3M801.5M
Non Current Liabilities Total329.0M320.7M503.2M556.3M536.3M474.6M
Non Current Liabilities Other289.3M71.0K68.3M2.1M8.8M8.3M
Net Debt668.2M679.7M1.0B812.6M598.6M707.3M
Net Invested Capital2.0B1.7B1.9B1.2B1.2B1.3B
Net Working Capital(195.8M)(622.7M)(765.3M)(1.1B)(1.3B)(1.3B)

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Other Information on Investing in Shenzhen Stock

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