Shenzhen Total Revenue vs Non Current Assets Total Analysis

002869 Stock   29.05  0.51  1.79%   
Shenzhen Genvict financial indicator trend analysis is much more than just breaking down Shenzhen Genvict Tec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Genvict Tec is a good investment. Please check the relationship between Shenzhen Genvict Total Revenue and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Genvict Technologies. 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.

Total Revenue vs Non Current Assets Total

Total Revenue vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Genvict Tec Total Revenue account and Non Current Assets Total. At this time, the significance of the direction appears to have no relationship.
The correlation between Shenzhen Genvict's Total Revenue and Non Current Assets Total is 0.07. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Shenzhen Genvict Technologies, assuming nothing else is changed. The correlation between historical values of Shenzhen Genvict's Total Revenue and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Shenzhen Genvict Technologies are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Revenue i.e., Shenzhen Genvict's Total Revenue and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Shenzhen Genvict Tec generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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.
Most indicators from Shenzhen Genvict's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Genvict Tec 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 Genvict Technologies. 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 135.6 M, whereas Tax Provision is projected to grow to (6.9 M).
 2021 2022 2023 2024 (projected)
Interest Income21.9M20.7M28.3M17.6M
Net Interest Income20.0M17.8M25.2M17.3M

Shenzhen Genvict fundamental ratios Correlations

0.690.720.7-0.240.820.580.45-0.37-0.290.69-0.320.30.79-0.250.00.98-0.2-0.3-0.220.30.890.290.490.780.73
0.690.970.820.270.950.950.920.130.280.990.290.820.92-0.330.620.790.360.230.360.850.88-0.010.570.960.9
0.720.970.820.220.920.910.920.180.330.980.330.860.91-0.360.640.780.410.090.40.860.9-0.080.540.980.96
0.70.820.82-0.060.860.740.75-0.090.120.840.10.60.85-0.260.430.810.110.080.230.660.770.080.810.880.79
-0.240.270.22-0.060.090.520.40.490.50.270.560.410.220.420.59-0.180.580.830.470.430.03-0.12-0.160.140.1
0.820.950.920.860.090.870.77-0.150.020.940.020.640.91-0.270.380.890.080.130.10.670.930.020.660.930.85
0.580.950.910.740.520.870.890.170.310.950.330.790.91-0.090.660.690.410.460.380.810.810.060.480.890.81
0.450.920.920.750.40.770.890.480.620.930.620.960.82-0.40.870.560.680.270.690.980.68-0.080.50.890.86
-0.370.130.18-0.090.49-0.150.170.480.960.130.960.590.02-0.280.8-0.320.940.190.930.59-0.22-0.2-0.160.090.14
-0.290.280.330.120.50.020.310.620.960.291.00.710.14-0.320.9-0.220.960.260.990.73-0.09-0.270.070.250.29
0.690.990.980.840.270.940.950.930.130.290.290.840.93-0.330.640.780.370.220.370.850.880.010.560.970.91
-0.320.290.330.10.560.020.330.620.961.00.290.720.13-0.290.91-0.240.970.320.980.74-0.08-0.290.060.240.29
0.30.820.860.60.410.640.790.960.590.710.840.720.66-0.50.920.390.790.20.770.990.59-0.190.390.80.84
0.790.920.910.850.220.910.910.820.020.140.930.130.66-0.150.480.880.210.190.220.690.860.220.490.930.81
-0.25-0.33-0.36-0.260.42-0.27-0.09-0.4-0.28-0.32-0.33-0.29-0.5-0.15-0.34-0.25-0.350.54-0.36-0.45-0.27-0.05-0.35-0.36-0.5
0.00.620.640.430.590.380.660.870.80.90.640.910.920.48-0.340.110.930.390.930.930.28-0.180.290.580.6
0.980.790.780.81-0.180.890.690.56-0.32-0.220.78-0.240.390.88-0.250.11-0.14-0.17-0.130.410.910.320.580.850.76
-0.20.360.410.110.580.080.410.680.940.960.370.970.790.21-0.350.93-0.140.250.960.770.04-0.180.030.340.41
-0.30.230.090.080.830.130.460.270.190.260.220.320.20.190.540.39-0.170.250.260.28-0.06-0.090.050.04-0.09
-0.220.360.40.230.470.10.380.690.930.990.370.980.770.22-0.360.93-0.130.960.260.790.0-0.230.170.340.38
0.30.850.860.660.430.670.810.980.590.730.850.740.990.69-0.450.930.410.770.280.790.57-0.180.470.810.81
0.890.880.90.770.030.930.810.68-0.22-0.090.88-0.080.590.86-0.270.280.910.04-0.060.00.570.050.550.920.91
0.29-0.01-0.080.08-0.120.020.06-0.08-0.2-0.270.01-0.29-0.190.22-0.05-0.180.32-0.18-0.09-0.23-0.180.050.090.05-0.04
0.490.570.540.81-0.160.660.480.5-0.160.070.560.060.390.49-0.350.290.580.030.050.170.470.550.090.610.6
0.780.960.980.880.140.930.890.890.090.250.970.240.80.93-0.360.580.850.340.040.340.810.920.050.610.97
0.730.90.960.790.10.850.810.860.140.290.910.290.840.81-0.50.60.760.41-0.090.380.810.91-0.040.60.97
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Shenzhen Genvict Account Relationship Matchups

Shenzhen Genvict fundamental ratios Accounts

201920202021202220232024 (projected)
Other Liab11.9M64.7M85.7M65.4M75.3M42.5M
Net Tangible Assets1.9B2.3B2.2B2.0B2.3B1.5B
Retained Earnings1.1B1.5B1.2B1.3B1.2B890.0M
Other Assets86.0M86.0M140.3M176.0M202.4M212.5M
Deferred Long Term Liab19.7M14.8M10.8M5.1M5.9M5.6M
Common Stock120.5M180.6M180.1M179.6M206.5M147.5M
Property Plant Equipment296.9M353.7M354.1M255.6M294.0M244.4M
Total Assets3.9B2.9B2.7B2.6B2.7B2.5B
Other Current Liab782.9M98.9M91.7M81.5M23.5M22.3M
Total Current Liabilities2.0B463.3M283.5M453.2M489.2M483.2M
Total Stockholder Equity1.9B2.4B2.3B2.1B2.1B1.8B
Accounts Payable1.0B275.7M131.4M208.7M239.7M248.3M
Cash1.9B1.5B875.3M969.6M963.6M1.0B
Non Current Assets Total480.7M590.7M960.4M725.1M629.0M552.1M
Non Currrent Assets Other45.4M82.9M121.4M155.4M57.6M94.3M
Net Receivables863.9M448.0M335.3M328.3M358.1M428.5M
Non Current Liabilities Total11.9M64.7M102.9M74.2M88.9M54.1M
Inventory623.0M258.1M149.3M100.8M122.6M159.6M
Other Current Assets89.0M28.0M36.6M11.3M36.2M44.6M
Total Liab2.0B528.1M386.4M527.4M578.1M718.3M
Total Current Assets3.5B2.3B1.7B1.9B2.1B2.0B
Non Current Liabilities Other3.6M54.0M38.8M34.8M40.9M23.8M
Intangible Assets34.2M33.7M47.7M30.2M36.5M40.0M
Common Stock Shares Outstanding180.8M180.6M180.1M179.6M206.5M197.1M
Net Invested Capital1.9B2.4B2.3B2.2B2.3B2.0B
Net Working Capital1.4B1.8B1.4B1.4B1.6B1.5B
Capital Stock120.5M180.6M180.1M179.6M206.5M175.7M

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Other Information on Investing in Shenzhen Stock

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