Shantou Total Current Assets vs Non Current Liabilities Total 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 Total Current Assets and its Non Current Liabilities Total 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.

Total Current Assets vs Non Current Liabilities Total

Total Current Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shantou Wanshun Package Total Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shantou Wanshun's Total Current Assets and Non Current Liabilities Total is 0.88. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Liabilities Total 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 Total Current Assets and Non Current Liabilities 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 Current Assets of Shantou Wanshun Package are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Current Assets i.e., Shantou Wanshun's Total Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Current Liabilities Total

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.