Shantou Net Tangible Assets vs Deferred Long Term Liab Analysis

300057 Stock   5.59  0.11  2.01%   
Shantou Wanshun financial indicator trend analysis is much more than just breaking down Shantou Wanshun Package prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shantou Wanshun Package is a good investment. Please check the relationship between Shantou Wanshun Net Tangible Assets and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shantou Wanshun Package. 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.

Net Tangible Assets vs Deferred Long Term Liab

Net Tangible Assets vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shantou Wanshun Package Net Tangible Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shantou Wanshun's Net Tangible Assets and Deferred Long Term Liab is 0.69. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Shantou Wanshun Package, assuming nothing else is changed. The correlation between historical values of Shantou Wanshun's Net Tangible Assets and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Shantou Wanshun Package are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Net Tangible Assets i.e., Shantou Wanshun's Net Tangible Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Shantou Wanshun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shantou Wanshun Package 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 Shantou Wanshun Package. 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 112.5 M, whereas Tax Provision is projected to grow to (7.4 M).
 2021 2022 2023 2024 (projected)
Operating Income95.8M308.6M26.2M24.9M
Total Revenue5.4B5.8B5.4B3.4B

Shantou Wanshun fundamental ratios Correlations

0.250.980.970.950.90.880.830.920.720.980.470.920.970.710.490.630.070.84-0.710.80.90.840.610.82-0.75
0.250.330.120.390.420.140.480.190.570.380.360.010.18-0.070.33-0.310.42-0.070.160.10.16-0.10.450.37-0.13
0.980.330.910.960.930.80.870.920.750.980.60.850.960.640.410.540.140.75-0.620.770.840.760.60.78-0.72
0.970.120.910.890.820.930.750.880.640.910.350.970.930.740.480.70.010.91-0.760.810.920.890.60.77-0.75
0.950.390.960.890.920.760.910.860.810.940.520.780.910.580.370.470.30.66-0.560.810.80.680.650.78-0.68
0.90.420.930.820.920.680.940.780.810.940.440.760.860.630.510.40.240.63-0.490.750.780.670.620.82-0.75
0.880.140.80.930.760.680.560.740.610.830.270.90.790.690.620.69-0.190.9-0.750.620.940.870.670.78-0.7
0.830.480.870.750.910.940.560.710.850.870.440.670.80.530.410.340.350.51-0.470.740.690.580.580.75-0.69
0.920.190.920.880.860.780.740.710.50.880.610.810.940.610.20.590.140.73-0.590.760.730.710.370.6-0.59
0.720.570.750.640.810.810.610.850.50.790.340.550.620.490.570.210.290.41-0.40.560.690.470.830.77-0.58
0.980.380.980.910.940.940.830.870.880.790.530.850.950.680.560.550.080.76-0.660.730.870.790.620.87-0.75
0.470.360.60.350.520.440.270.440.610.340.530.310.530.05-0.110.150.10.2-0.180.260.250.220.190.25-0.23
0.920.010.850.970.780.760.90.670.810.550.850.310.890.740.490.69-0.120.93-0.750.720.880.90.560.71-0.72
0.970.180.960.930.910.860.790.80.940.620.950.530.890.650.390.610.060.79-0.690.750.80.80.450.74-0.67
0.71-0.070.640.740.580.630.690.530.610.490.680.050.740.650.480.77-0.230.75-0.710.620.790.790.520.65-0.83
0.490.330.410.480.370.510.620.410.20.570.56-0.110.490.390.480.42-0.270.55-0.580.290.690.620.480.84-0.62
0.63-0.310.540.70.470.40.690.340.590.210.550.150.690.610.770.42-0.440.81-0.930.590.760.90.170.62-0.8
0.070.420.140.010.30.24-0.190.350.140.290.080.1-0.120.06-0.23-0.27-0.44-0.260.430.42-0.13-0.310.17-0.080.17
0.84-0.070.750.910.660.630.90.510.730.410.760.20.930.790.750.550.81-0.26-0.830.690.920.960.490.7-0.75
-0.710.16-0.62-0.76-0.56-0.49-0.75-0.47-0.59-0.4-0.66-0.18-0.75-0.69-0.71-0.58-0.930.43-0.83-0.57-0.81-0.93-0.27-0.740.77
0.80.10.770.810.810.750.620.740.760.560.730.260.720.750.620.290.590.420.69-0.570.740.710.450.63-0.71
0.90.160.840.920.80.780.940.690.730.690.870.250.880.80.790.690.76-0.130.92-0.810.740.930.680.88-0.85
0.84-0.10.760.890.680.670.870.580.710.470.790.220.90.80.790.620.9-0.310.96-0.930.710.930.430.8-0.85
0.610.450.60.60.650.620.670.580.370.830.620.190.560.450.520.480.170.170.49-0.270.450.680.430.58-0.5
0.820.370.780.770.780.820.780.750.60.770.870.250.710.740.650.840.62-0.080.7-0.740.630.880.80.58-0.85
-0.75-0.13-0.72-0.75-0.68-0.75-0.7-0.69-0.59-0.58-0.75-0.23-0.72-0.67-0.83-0.62-0.80.17-0.750.77-0.71-0.85-0.85-0.5-0.85
Click cells to compare fundamentals

Shantou Wanshun Account Relationship Matchups

Shantou Wanshun fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.9B8.3B7.8B10.3B10.2B5.9B
Other Current Liab66.6M59.1M53.6M53.2M2.4M2.3M
Total Current Liabilities3.0B3.4B3.0B3.8B3.8B2.3B
Total Stockholder Equity3.4B3.6B3.5B5.5B5.4B2.9B
Retained Earnings895.2M938.6M868.5M1.1B901.8M662.1M
Accounts Payable1.6B1.7B1.5B1.3B1.7B1.1B
Cash1.1B1.9B1.3B2.8B2.2B1.2B
Net Receivables1.7B1.3B1.7B1.3B1.4B1.1B
Inventory590.9M677.9M636.4M987.8M1.0B624.4M
Other Current Assets418.4M418.7M369.0M391.4M100.9M192.4M
Total Liab3.5B4.6B4.2B4.8B4.8B2.8B
Intangible Assets241.6M235.2M244.7M254.6M238.9M219.1M
Common Stock673.8M674.6M683.6M909.8M1.0B530.9M
Property Plant Equipment2.2B2.7B3.1B3.4B3.9B2.0B
Other Assets241.6M227.9M148.3M304.1M349.8M367.3M
Long Term Debt430.1M1.2B1.1B882.2M818.9M605.8M
Other Liab27.6M43.3M69.7M100.8M115.9M121.7M
Good Will312.4M277.8M249.3M264.8M240.1M227.7M
Net Tangible Assets2.8B3.1B3.0B5.0B5.8B3.0B
Other Stockholder Equity227.9K(3.6M)(14.5M)(15.8M)(14.2M)(13.5M)
Deferred Long Term Liab10.6M8.7M7.8M13.1M15.1M10.2M
Total Current Assets3.9B4.8B4.0B6.1B5.5B4.2B
Non Current Assets Total3.0B3.5B3.8B4.2B4.7B3.8B
Non Currrent Assets Other183.5M150.0M53.0M156.8M47.1M44.8M
Non Current Liabilities Total457.7M1.2B1.2B987.1M927.2M822.7M
Short Long Term Debt981.1M1.2B1.1B2.0B1.7B1.3B
Net Debt290.9M462.3M1.0B74.7M281.1M369.9M
Common Stock Shares Outstanding673.8M674.6M683.6M909.8M910.0M769.8M
Net Invested Capital4.8B6.0B5.8B8.4B7.9B6.4B
Net Working Capital857.4M1.4B959.5M2.3B1.7B1.3B
Capital Stock673.8M674.6M683.6M909.8M910.0M786.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Shantou Stock

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