Songcheng Other Liab vs Non Current Assets Total 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 Other Liab and its Non Current Assets Total 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.

Other Liab vs Non Current Assets Total

Other Liab vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Songcheng Performance Other Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Songcheng Performance's Other Liab and Non Current Assets Total is 0.6. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Current Assets Total 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 Other Liab and Non Current Assets 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 Other Liab of Songcheng Performance Develop are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Liab i.e., Songcheng Performance's Other Liab and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

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.
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.