Songcheng Non Currrent Assets Other vs Deferred Long Term Liab Analysis

300144 Stock   8.71  0.33  3.65%   
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 Non Currrent Assets Other and its Deferred Long Term Liab 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.

Non Currrent Assets Other vs Deferred Long Term Liab

Non Currrent Assets Other vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Songcheng Performance Non Currrent Assets Other account and Deferred Long Term Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Songcheng Performance's Non Currrent Assets Other and Deferred Long Term Liab is -0.84. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Deferred Long Term Liab 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 Non Currrent Assets Other 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 Non Currrent Assets Other of Songcheng Performance Develop 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 Non Currrent Assets Other i.e., Songcheng Performance's Non Currrent Assets Other and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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 February 19, 2025, 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
 2022 2023 2024 2025 (projected)
Gross Profit229.5M1.3B1.2B1.0B
Research Development18.6M30.0M27.0M31.8M

Songcheng Performance fundamental ratios Correlations

0.450.861.00.950.620.530.610.410.690.240.890.890.750.81-0.230.610.280.62-0.550.780.480.750.670.68-0.61
0.450.730.460.48-0.19-0.23-0.170.86-0.110.40.260.42-0.03-0.050.24-0.30.890.05-0.43-0.09-0.39-0.09-0.010.260.36
0.860.730.850.820.310.380.480.650.470.30.770.750.580.53-0.170.320.560.36-0.530.510.290.540.570.56-0.28
1.00.460.850.950.590.520.570.430.660.220.860.870.720.8-0.210.590.270.66-0.530.780.430.720.660.67-0.59
0.950.480.820.950.610.380.490.50.630.280.780.90.630.7-0.190.60.210.66-0.420.790.370.740.590.8-0.6
0.62-0.190.310.590.610.40.53-0.120.690.160.610.670.60.81-0.110.7-0.330.32-0.220.660.570.730.360.64-0.75
0.53-0.230.380.520.380.40.81-0.140.64-0.140.580.310.80.61-0.640.69-0.230.47-0.260.680.820.730.770.35-0.71
0.61-0.170.480.570.490.530.81-0.240.88-0.190.780.540.940.74-0.510.83-0.220.31-0.260.740.970.810.660.45-0.79
0.410.860.650.430.5-0.12-0.14-0.24-0.250.650.080.32-0.15-0.10.07-0.310.710.13-0.140.0-0.40.040.180.410.27
0.69-0.110.470.660.630.690.640.88-0.25-0.180.830.750.940.83-0.40.94-0.260.44-0.330.790.850.840.50.58-0.86
0.240.40.30.220.280.16-0.14-0.190.65-0.18-0.040.16-0.120.00.08-0.250.41-0.120.06-0.07-0.240.150.090.390.06
0.890.260.770.860.780.610.580.780.080.83-0.040.820.860.84-0.270.720.150.48-0.630.750.680.730.610.51-0.66
0.890.420.750.870.90.670.310.540.320.750.160.820.690.72-0.070.640.190.5-0.460.680.420.70.420.74-0.58
0.75-0.030.580.720.630.60.80.94-0.150.94-0.120.860.690.81-0.430.87-0.10.48-0.460.780.890.860.650.53-0.83
0.81-0.050.530.80.70.810.610.74-0.10.830.00.840.720.81-0.260.78-0.190.48-0.310.80.710.760.620.46-0.76
-0.230.24-0.17-0.21-0.19-0.11-0.64-0.510.07-0.40.08-0.27-0.07-0.43-0.26-0.470.32-0.22-0.19-0.48-0.54-0.51-0.5-0.250.49
0.61-0.30.320.590.60.70.690.83-0.310.94-0.250.720.640.870.78-0.47-0.490.6-0.210.890.860.890.590.6-0.94
0.280.890.560.270.21-0.33-0.23-0.220.71-0.260.410.150.19-0.1-0.190.32-0.49-0.14-0.53-0.32-0.41-0.25-0.090.010.48
0.620.050.360.660.660.320.470.310.130.44-0.120.480.50.480.48-0.220.6-0.14-0.360.790.280.590.670.44-0.62
-0.55-0.43-0.53-0.53-0.42-0.22-0.26-0.26-0.14-0.330.06-0.63-0.46-0.46-0.31-0.19-0.21-0.53-0.36-0.23-0.17-0.23-0.18-0.210.19
0.78-0.090.510.780.790.660.680.740.00.79-0.070.750.680.780.8-0.480.89-0.320.79-0.230.720.90.810.65-0.9
0.48-0.390.290.430.370.570.820.97-0.40.85-0.240.680.420.890.71-0.540.86-0.410.28-0.170.720.80.620.39-0.84
0.75-0.090.540.720.740.730.730.810.040.840.150.730.70.860.76-0.510.89-0.250.59-0.230.90.80.760.77-0.94
0.67-0.010.570.660.590.360.770.660.180.50.090.610.420.650.62-0.50.59-0.090.67-0.180.810.620.760.38-0.66
0.680.260.560.670.80.640.350.450.410.580.390.510.740.530.46-0.250.60.010.44-0.210.650.390.770.38-0.6
-0.610.36-0.28-0.59-0.6-0.75-0.71-0.790.27-0.860.06-0.66-0.58-0.83-0.760.49-0.940.48-0.620.19-0.9-0.84-0.94-0.66-0.6
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Songcheng Performance Account Relationship Matchups

Songcheng Performance fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets9.2B9.8B9.4B9.1B10.4B6.5B
Other Current Liab253.6M168.8M165.7M28.9M33.3M31.6M
Total Current Liabilities693.7M747.9M851.0M726.0M834.9M601.1M
Total Stockholder Equity7.4B7.6B7.5B7.3B8.3B5.3B
Retained Earnings3.6B3.9B3.8B2.8B3.3B2.3B
Accounts Payable372.5M482.0M327.4M256.4M294.9M195.0M
Cash1.3B1.9B2.3B2.9B3.3B3.5B
Other Assets142.7M350.8M744.7M663.2M762.7M800.8M
Net Receivables5.9M2.2M967.6K5.1M5.8M5.6M
Inventory13.4M12.5M11.0M9.0M10.3M10.8M
Other Current Assets168.6M120.1M35.6M55.0M63.3M60.1M
Total Liab1.5B1.9B1.6B1.5B1.8B961.3M
Intangible Assets1.9B1.7B1.0B970.0M1.1B826.6M
Property Plant Equipment2.7B3.3B3.6B3.3B3.8B2.0B
Other Liab393.6M484.4M481.6M389.6M448.0M470.4M
Short Term Investments335.2M2.7M225.2M400.3M460.3M266.1M
Net Tangible Assets8.1B5.5B5.9B6.5B7.5B5.4B
Deferred Long Term Liab112.4M323.7M695.0M626.5M720.5M756.5M
Total Current Assets1.9B2.0B2.6B3.4B3.9B2.6B
Non Current Assets Total7.3B7.8B6.8B5.7B6.5B7.7B
Non Currrent Assets Other8.6M24.1M1.9M3.0M2.7M2.6M
Non Current Liabilities Total766.4M1.1B736.7M802.4M922.8M585.3M
Other Stockholder Equity(8.7M)(63.3M)(151.3M)(82.8M)(74.6M)(70.8M)
Net Invested Capital7.7B7.9B7.5B7.3B6.6B6.4B
Net Working Capital1.2B1.3B1.8B2.7B3.1B1.9B
Property Plant And Equipment Net3.3B3.6B3.3B3.2B3.7B3.5B
Property Plant And Equipment Gross4.5B5.0B4.9B5.0B5.8B5.1B

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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.