Songcheng Investments vs Free Cash Flow Analysis

300144 Stock

9.20 0.01 0.11%

Songcheng Performance financial indicator trend analysis is much more than just breaking down Songcheng Performance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Songcheng Performance is a good investment. Please check the relationship between Songcheng Performance Investments and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Songcheng Performance Develop. 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.

Investments vs Free Cash Flow

Investments vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Songcheng Performance Investments account and Free Cash Flow. At this time, the significance of the direction appears to have pay attention.

The correlation between Songcheng Performance's Investments and Free Cash Flow is -0.73. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Songcheng Performance Develop, assuming nothing else is changed. The correlation between historical values of Songcheng Performance's Investments and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Songcheng Performance Develop are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Investments i.e., Songcheng Performance's Investments and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.73

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Songcheng Performance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Songcheng Performance 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 Songcheng Performance Develop. 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.

As of November 27, 2024, Selling General Administrative is expected to decline to about 163.1 M. In addition to that, Tax Provision is expected to decline to about 122.8 M

	2021	2022	2023	2024 (projected)
Gross Profit	605.3M	229.5M	1.3B	1.0B
Research Development	41.2M	18.6M	30.0M	31.8M

Gross Profit Research Development

Songcheng Performance fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Other Liab	Good Will	Short Term Investments	Treasury Stock	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.53	0.86	0.99	0.96	0.6	0.63	0.56	0.48	0.72	0.28	0.89	0.9	0.72	0.78	-0.17	0.58	0.33	0.59	-0.56	0.75	0.42	0.72	0.67	0.7	-0.58
Other Current Liab	0.53		0.79	0.54	0.51	-0.16	-0.03	-0.12	0.86	0.01	0.39	0.36	0.45	0.02	0.01	0.2	-0.27	0.89	0.12	-0.45	-0.04	-0.35	-0.05	0.16	0.27	0.32
Total Current Liabilities	0.86	0.79		0.84	0.82	0.29	0.46	0.45	0.7	0.48	0.32	0.77	0.74	0.55	0.5	-0.13	0.29	0.6	0.33	-0.53	0.48	0.25	0.51	0.6	0.57	-0.25
Total Stockholder Equity	0.99	0.54	0.84		0.96	0.58	0.63	0.52	0.5	0.69	0.26	0.85	0.88	0.69	0.76	-0.16	0.56	0.32	0.63	-0.54	0.75	0.37	0.7	0.67	0.69	-0.55
Retained Earnings	0.96	0.51	0.82	0.96		0.6	0.5	0.48	0.54	0.67	0.29	0.79	0.9	0.61	0.69	-0.17	0.59	0.23	0.66	-0.42	0.79	0.35	0.74	0.67	0.81	-0.59
Accounts Payable	0.6	-0.16	0.29	0.58	0.6		0.49	0.51	-0.08	0.73	0.18	0.6	0.66	0.58	0.79	-0.07	0.69	-0.31	0.28	-0.22	0.64	0.55	0.72	0.34	0.64	-0.74
Cash	0.63	-0.03	0.46	0.63	0.5	0.49		0.64	0.02	0.55	-0.04	0.65	0.39	0.66	0.75	-0.55	0.58	-0.1	0.41	-0.3	0.69	0.62	0.62	0.7	0.25	-0.59
Other Assets	0.56	-0.12	0.45	0.52	0.48	0.51	0.64		-0.19	0.74	-0.17	0.74	0.53	0.93	0.72	-0.47	0.82	-0.18	0.23	-0.25	0.71	0.97	0.8	0.61	0.45	-0.77
Net Receivables	0.48	0.86	0.7	0.5	0.54	-0.08	0.02	-0.19		-0.16	0.65	0.16	0.35	-0.11	-0.05	0.04	-0.27	0.7	0.18	-0.16	0.05	-0.37	0.08	0.35	0.43	0.23
Inventory	0.72	0.01	0.48	0.69	0.67	0.73	0.55	0.74	-0.16		-0.13	0.86	0.8	0.83	0.87	-0.27	0.85	-0.19	0.38	-0.32	0.75	0.71	0.74	0.39	0.51	-0.78
Other Current Assets	0.28	0.39	0.32	0.26	0.29	0.18	-0.04	-0.17	0.65	-0.13		-0.01	0.18	-0.1	0.03	0.06	-0.23	0.41	-0.1	0.06	-0.04	-0.22	0.18	0.2	0.39	0.03
Total Liab	0.89	0.36	0.77	0.85	0.79	0.6	0.65	0.74	0.16	0.86	-0.01		0.84	0.84	0.81	-0.2	0.69	0.22	0.42	-0.65	0.72	0.63	0.7	0.54	0.55	-0.62
Intangible Assets	0.9	0.45	0.74	0.88	0.9	0.66	0.39	0.53	0.35	0.8	0.18	0.84		0.69	0.72	-0.04	0.63	0.21	0.5	-0.46	0.67	0.4	0.69	0.46	0.74	-0.58
Common Stock	0.72	0.02	0.55	0.69	0.61	0.58	0.66	0.93	-0.11	0.83	-0.1	0.84	0.69		0.8	-0.39	0.86	-0.06	0.42	-0.46	0.76	0.88	0.85	0.62	0.53	-0.82
Property Plant Equipment	0.78	0.01	0.5	0.76	0.69	0.79	0.75	0.72	-0.05	0.87	0.03	0.81	0.72	0.8		-0.2	0.76	-0.16	0.43	-0.31	0.78	0.68	0.74	0.57	0.45	-0.74
Long Term Debt	-0.17	0.2	-0.13	-0.16	-0.17	-0.07	-0.55	-0.47	0.04	-0.27	0.06	-0.2	-0.04	-0.39	-0.2		-0.44	0.3	-0.16	-0.21	-0.44	-0.5	-0.48	-0.46	-0.25	0.45
Other Liab	0.58	-0.27	0.29	0.56	0.59	0.69	0.58	0.82	-0.27	0.85	-0.23	0.69	0.63	0.86	0.76	-0.44		-0.48	0.56	-0.2	0.89	0.85	0.88	0.57	0.61	-0.94
Good Will	0.33	0.89	0.6	0.32	0.23	-0.31	-0.1	-0.18	0.7	-0.19	0.41	0.22	0.21	-0.06	-0.16	0.3	-0.48		-0.1	-0.55	-0.3	-0.39	-0.23	0.01	0.01	0.47
Short Term Investments	0.59	0.12	0.33	0.63	0.66	0.28	0.41	0.23	0.18	0.38	-0.1	0.42	0.5	0.42	0.43	-0.16	0.56	-0.1		-0.36	0.76	0.2	0.56	0.64	0.46	-0.58
Treasury Stock	-0.56	-0.45	-0.53	-0.54	-0.42	-0.22	-0.3	-0.25	-0.16	-0.32	0.06	-0.65	-0.46	-0.46	-0.31	-0.21	-0.2	-0.55	-0.36		-0.22	-0.15	-0.22	-0.19	-0.22	0.18
Net Tangible Assets	0.75	-0.04	0.48	0.75	0.79	0.64	0.69	0.71	0.05	0.75	-0.04	0.72	0.67	0.76	0.78	-0.44	0.89	-0.3	0.76	-0.22		0.7	0.9	0.82	0.64	-0.89
Deferred Long Term Liab	0.42	-0.35	0.25	0.37	0.35	0.55	0.62	0.97	-0.37	0.71	-0.22	0.63	0.4	0.88	0.68	-0.5	0.85	-0.39	0.2	-0.15	0.7		0.79	0.55	0.39	-0.82
Long Term Investments	0.72	-0.05	0.51	0.7	0.74	0.72	0.62	0.8	0.08	0.74	0.18	0.7	0.69	0.85	0.74	-0.48	0.88	-0.23	0.56	-0.22	0.9	0.79		0.79	0.77	-0.93
Total Current Assets	0.67	0.16	0.6	0.67	0.67	0.34	0.7	0.61	0.35	0.39	0.2	0.54	0.46	0.62	0.57	-0.46	0.57	0.01	0.64	-0.19	0.82	0.55	0.79		0.49	-0.64
Non Current Assets Total	0.7	0.27	0.57	0.69	0.81	0.64	0.25	0.45	0.43	0.51	0.39	0.55	0.74	0.53	0.45	-0.25	0.61	0.01	0.46	-0.22	0.64	0.39	0.77	0.49		-0.63
Non Currrent Assets Other	-0.58	0.32	-0.25	-0.55	-0.59	-0.74	-0.59	-0.77	0.23	-0.78	0.03	-0.62	-0.58	-0.82	-0.74	0.45	-0.94	0.47	-0.58	0.18	-0.89	-0.82	-0.93	-0.64	-0.63

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Songcheng Performance Account Relationship Matchups

Songcheng Performance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.0B	9.2B	9.8B	9.4B	9.1B	6.5B
Other Current Liab	395.7M	253.6M	168.8M	165.7M	28.9M	27.5M
Total Current Liabilities	765.0M	693.7M	747.9M	851.0M	726.0M	601.1M
Total Stockholder Equity	9.6B	7.4B	7.6B	7.5B	7.3B	5.3B
Retained Earnings	5.7B	3.6B	3.9B	3.8B	2.8B	2.3B
Accounts Payable	300.7M	372.5M	482.0M	327.4M	256.4M	195.0M
Cash	1.8B	1.3B	1.9B	2.3B	2.9B	1.5B
Other Assets	142.7M	350.8M	744.7M	663.2M	762.7M	800.8M
Net Receivables	130.9M	5.9M	12.4M	967.6K	5.1M	4.8M
Inventory	6.1M	13.4M	12.5M	11.0M	9.0M	4.8M
Other Current Assets	142.0M	168.6M	120.1M	35.6M	55.0M	52.3M
Total Liab	1.2B	1.5B	1.9B	1.6B	1.5B	961.3M
Intangible Assets	1.5B	1.9B	1.7B	1.0B	970.0M	826.6M
Property Plant Equipment	2.7B	3.3B	3.6B	3.3B	3.8B	2.0B
Other Liab	393.6M	484.4M	481.6M	389.6M	448.0M	470.4M
Short Term Investments	854.1M	335.2M	2.7M	225.2M	400.3M	266.1M
Net Tangible Assets	8.1B	5.5B	5.9B	6.5B	7.5B	5.4B
Deferred Long Term Liab	112.4M	323.7M	695.0M	626.5M	720.5M	756.5M
Total Current Assets	2.9B	1.9B	2.0B	2.6B	3.4B	2.6B
Non Current Assets Total	8.1B	7.3B	7.8B	6.8B	5.7B	7.7B
Non Currrent Assets Other	21.1M	8.6M	24.1M	1.9M	3.0M	2.9M
Non Current Liabilities Total	393.6M	766.4M	1.1B	736.7M	802.4M	585.3M
Other Stockholder Equity	(8.7M)	(63.3M)	(151.3M)	(82.8M)	(74.6M)	(70.8M)
Net Invested Capital	9.6B	7.7B	7.9B	7.5B	7.3B	6.4B
Net Working Capital	2.2B	1.2B	1.3B	1.8B	2.7B	1.9B

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Other Information on Investing in Songcheng Stock

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

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Songcheng Investments vs Free Cash Flow Analysis

Investments vs Free Cash Flow

Investments vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Investments

Free Cash Flow

Songcheng Performance fundamental ratios Correlations

Songcheng Performance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Songcheng Performance fundamental ratios Accounts

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Other Information on Investing in Songcheng Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Deferred Long Term Liab	+ 0.97	Other Assets
Retained Earnings	+ 0.96	Total Assets
Retained Earnings	+ 0.96	Total Stockholder Equity
Common Stock	+ 0.93	Other Assets
Intangible Assets	+ 0.9	Total Assets

Non Currrent Assets Other	- 0.94	Other Liab
Non Currrent Assets Other	- 0.93	Long Term Investments
Non Currrent Assets Other	- 0.89	Net Tangible Assets
Non Currrent Assets Other	- 0.82	Deferred Long Term Liab
Non Currrent Assets Other	- 0.82	Common Stock
Non Currrent Assets Other	- 0.78	Inventory