ShenZhen Non Current Assets Total vs Property Plant Equipment Analysis

300131 Stock   7.91  0.75  8.66%   
ShenZhen Yitoa financial indicator trend analysis is much more than just breaking down ShenZhen Yitoa Intel prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ShenZhen Yitoa Intel is a good investment. Please check the relationship between ShenZhen Yitoa Non Current Assets Total and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ShenZhen Yitoa Intelligent. 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.

Non Current Assets Total vs Property Plant Equipment

Non Current Assets Total vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ShenZhen Yitoa Intel Non Current Assets Total account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ShenZhen Yitoa's Non Current Assets Total and Property Plant Equipment is -0.26. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of ShenZhen Yitoa Intelligent, assuming nothing else is changed. The correlation between historical values of ShenZhen Yitoa's Non Current Assets Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of ShenZhen Yitoa Intelligent are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Assets Total i.e., ShenZhen Yitoa's Non Current Assets Total and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Property Plant Equipment

Most indicators from ShenZhen Yitoa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ShenZhen Yitoa Intel 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 Yitoa Intelligent. 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 151.5 M, whereas Tax Provision is projected to grow to (3.8 M).
 2021 2022 2023 2024 (projected)
Operating Income234.5M215.0M143.3M179.0M
Total Revenue6.3B5.2B5.0B4.4B

ShenZhen Yitoa fundamental ratios Correlations

0.850.990.880.390.950.920.40.960.920.780.980.82-0.20.350.530.010.690.820.090.230.0-0.060.750.930.31
0.850.890.620.070.760.760.20.920.720.760.880.52-0.28-0.030.58-0.210.740.69-0.24-0.07-0.20.080.580.840.38
0.990.890.80.350.940.920.360.980.890.80.990.78-0.240.320.55-0.10.690.780.070.17-0.04-0.010.740.960.36
0.880.620.80.570.90.760.330.770.920.530.760.86-0.160.370.190.290.50.80.160.450.05-0.170.650.690.06
0.390.070.350.570.490.460.130.210.65-0.020.310.820.10.72-0.290.450.230.110.570.840.05-0.640.640.38-0.55
0.950.760.940.90.490.870.350.910.930.690.90.86-0.250.360.370.00.560.810.150.31-0.05-0.050.670.860.24
0.920.760.920.760.460.870.420.850.870.680.920.8-0.160.430.51-0.050.580.60.180.340.03-0.190.840.90.3
0.40.20.360.330.130.350.420.310.340.430.410.280.140.220.390.030.050.230.020.02-0.03-0.030.350.330.24
0.960.920.980.770.210.910.850.310.810.810.970.71-0.320.240.59-0.170.740.850.00.02-0.020.070.620.940.44
0.920.720.890.920.650.930.870.340.810.650.870.9-0.090.380.340.230.580.660.140.48-0.1-0.250.840.82-0.03
0.780.760.80.53-0.020.690.680.430.810.650.830.42-0.22-0.060.75-0.210.480.65-0.3-0.22-0.120.390.480.780.37
0.980.880.990.760.310.90.920.410.970.870.830.76-0.190.320.64-0.10.720.740.060.13-0.04-0.030.760.960.37
0.820.520.780.860.820.860.80.280.710.90.420.76-0.10.70.170.260.580.60.440.60.08-0.460.780.79-0.13
-0.2-0.28-0.24-0.160.1-0.25-0.160.14-0.32-0.09-0.22-0.19-0.10.09-0.10.3-0.17-0.450.150.21-0.1-0.280.09-0.29-0.26
0.35-0.030.320.370.720.360.430.220.240.38-0.060.320.70.09-0.080.280.320.150.880.610.34-0.60.530.41-0.11
0.530.580.550.19-0.290.370.510.390.590.340.750.640.17-0.1-0.08-0.180.530.39-0.27-0.38-0.10.120.40.580.43
0.01-0.21-0.10.290.450.0-0.050.03-0.170.23-0.21-0.10.260.30.28-0.18-0.03-0.020.270.48-0.18-0.470.32-0.18-0.54
0.690.740.690.50.230.560.580.050.740.580.480.720.58-0.170.320.53-0.030.510.160.120.08-0.360.590.740.11
0.820.690.780.80.110.810.60.230.850.660.650.740.6-0.450.150.39-0.020.51-0.08-0.10.070.220.290.710.41
0.09-0.240.070.160.570.150.180.020.00.14-0.30.060.440.150.88-0.270.270.16-0.080.680.41-0.550.350.12-0.05
0.23-0.070.170.450.840.310.340.020.020.48-0.220.130.60.210.61-0.380.480.12-0.10.680.23-0.670.610.13-0.41
0.0-0.2-0.040.050.05-0.050.03-0.03-0.02-0.1-0.12-0.040.08-0.10.34-0.1-0.180.080.070.410.23-0.09-0.080.080.2
-0.060.08-0.01-0.17-0.64-0.05-0.19-0.030.07-0.250.39-0.03-0.46-0.28-0.60.12-0.47-0.360.22-0.55-0.67-0.09-0.5-0.080.5
0.750.580.740.650.640.670.840.350.620.840.480.760.780.090.530.40.320.590.290.350.61-0.08-0.50.72-0.06
0.930.840.960.690.380.860.90.330.940.820.780.960.79-0.290.410.58-0.180.740.710.120.130.08-0.080.720.29
0.310.380.360.06-0.550.240.30.240.44-0.030.370.37-0.13-0.26-0.110.43-0.540.110.41-0.05-0.410.20.5-0.060.29
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ShenZhen Yitoa Account Relationship Matchups

ShenZhen Yitoa fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.7B3.5B3.5B3.5B3.7B2.7B
Other Current Liab567.4M130.8M502.1M325.9M63.8M60.7M
Total Current Liabilities3.1B1.5B1.9B1.6B1.7B1.3B
Total Stockholder Equity1.7B1.4B1.5B1.9B1.7B1.2B
Retained Earnings116.8M368.5M397.3M454.6M468.1M491.5M
Accounts Payable715.8M466.7M559.0M457.8M582.8M378.3M
Cash961.2M456.1M550.5M610.4M615.1M418.7M
Other Assets199.9M114.3M86.6M81.3M93.5M75.1M
Net Receivables2.1B867.7M1.1B825.5M969.6M870.4M
Inventory809.7M856.1M826.2M887.4M750.6M501.3M
Other Current Assets356.5M319.8M82.3M78.8M27.6M26.2M
Total Liab3.8B2.0B2.0B1.7B2.0B1.5B
Property Plant Equipment89.0M170.7M183.6M168.2M193.4M115.1M
Intangible Assets160.9M112.2M103.4M86.2M369.4M387.9M
Long Term Debt644.3M467.8M87.4M25.9M59.4M56.4M
Other Liab3.3M21.8M17.8M15.7M18.0M10.8M
Good Will925.1M311.1M308.9M308.8M278.0M473.3M
Net Tangible Assets644.4M1.0B1.1B1.5B1.7B1.0B
Other Stockholder Equity21.1M2.6M(32.6M)38.8M34.9M36.7M
Deferred Long Term Liab22.5M16.5M9.4M6.9M6.2M5.9M
Total Current Assets4.2B2.7B2.6B2.7B2.6B3.3B
Non Current Assets Total1.4B732.4M872.8M825.7M1.1B842.7M
Non Currrent Assets Other13.1M165.7M30.8M10.8M29.3M30.5M
Non Current Liabilities Total647.6M502.4M139.5M64.3M228.9M233.3M
Short Long Term Debt1.6B843.0M653.4M697.3M751.3M824.7M
Net Debt1.3B854.7M190.3M112.7M195.6M185.8M
Net Invested Capital4.0B2.8B2.2B2.6B2.5B2.4B
Net Working Capital1.1B1.2B724.1M1.1B818.7M835.9M

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Other Information on Investing in ShenZhen Stock

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