Shenyang Non Currrent Assets Other vs Other Stockholder Equity Analysis

300293 Stock   28.45  1.20  4.40%   
Shenyang Blue financial indicator trend analysis is much more than just breaking down Shenyang Blue Silver prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenyang Blue Silver is a good investment. Please check the relationship between Shenyang Blue Non Currrent Assets Other and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenyang Blue Silver. 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 Other Stockholder Equity

Non Currrent Assets Other vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenyang Blue Silver Non Currrent Assets Other account and Other Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Shenyang Blue's Non Currrent Assets Other and Other Stockholder Equity is 0.05. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Shenyang Blue Silver, assuming nothing else is changed. The correlation between historical values of Shenyang Blue's Non Currrent Assets Other and Other Stockholder Equity 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 Shenyang Blue Silver are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Shenyang Blue's Non Currrent Assets Other and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Other Stockholder Equity

Most indicators from Shenyang Blue's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenyang Blue Silver 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 Shenyang Blue Silver. 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 122 M, whereas Tax Provision is forecasted to decline to (5 M).
 2021 2022 2023 2024 (projected)
Other Operating Expenses435.3K4.6M4.1M3.4M
Gross Profit247.2M297.5M391.8M296.0M

Shenyang Blue fundamental ratios Correlations

0.430.870.780.030.560.550.240.560.76-0.140.960.770.890.870.55-0.660.370.550.690.20.710.570.57-0.390.36
0.430.510.160.210.170.42-0.130.470.45-0.220.470.390.370.40.36-0.240.40.010.190.470.290.290.12-0.1-0.42
0.870.510.70.270.770.490.530.710.48-0.060.840.450.750.60.33-0.330.230.10.330.310.380.240.17-0.030.0
0.780.160.70.230.510.520.30.50.430.140.610.430.780.630.17-0.30.210.260.410.00.380.280.14-0.150.29
0.030.210.270.230.370.520.420.38-0.230.27-0.08-0.37-0.04-0.32-0.360.660.47-0.43-0.520.57-0.53-0.65-0.60.36-0.59
0.560.170.770.510.370.20.740.860.0-0.050.540.020.520.21-0.050.060.04-0.06-0.060.2-0.05-0.09-0.060.09-0.06
0.550.420.490.520.520.20.160.290.35-0.010.480.310.570.380.26-0.090.540.150.150.180.160.00.14-0.13-0.09
0.24-0.130.530.30.420.740.160.37-0.330.210.24-0.320.2-0.15-0.260.34-0.16-0.26-0.350.07-0.36-0.29-0.280.19-0.2
0.560.470.710.50.380.860.290.370.17-0.270.520.170.590.320.09-0.030.18-0.020.030.220.080.02-0.020.0-0.14
0.760.450.480.43-0.230.00.35-0.330.17-0.360.760.970.610.880.71-0.850.480.70.910.280.930.730.72-0.490.48
-0.14-0.22-0.060.140.27-0.05-0.010.21-0.27-0.36-0.22-0.43-0.33-0.33-0.290.38-0.11-0.31-0.380.13-0.39-0.34-0.340.24-0.26
0.960.470.840.61-0.080.540.480.240.520.76-0.220.790.840.860.63-0.710.30.570.70.190.730.620.66-0.420.36
0.770.390.450.43-0.370.020.31-0.320.170.97-0.430.790.690.930.74-0.920.40.790.970.130.960.80.81-0.570.61
0.890.370.750.78-0.040.520.570.20.590.61-0.330.840.690.860.49-0.590.160.470.63-0.140.610.520.5-0.340.45
0.870.40.60.63-0.320.210.38-0.150.320.88-0.330.860.930.860.72-0.860.220.680.91-0.010.890.770.73-0.490.61
0.550.360.330.17-0.36-0.050.26-0.260.090.71-0.290.630.740.490.72-0.750.10.560.73-0.030.740.650.69-0.630.47
-0.66-0.24-0.33-0.30.660.06-0.090.34-0.03-0.850.38-0.71-0.92-0.59-0.86-0.75-0.13-0.79-0.940.14-0.98-0.91-0.890.63-0.66
0.370.40.230.210.470.040.54-0.160.180.48-0.110.30.40.160.220.1-0.130.360.240.70.270.050.17-0.23-0.11
0.550.010.10.26-0.43-0.060.15-0.26-0.020.7-0.310.570.790.470.680.56-0.790.360.81-0.050.80.80.91-0.860.7
0.690.190.330.41-0.52-0.060.15-0.350.030.91-0.380.70.970.630.910.73-0.940.240.81-0.030.970.820.83-0.570.76
0.20.470.310.00.570.20.180.070.220.280.130.190.13-0.14-0.01-0.030.140.7-0.05-0.030.0-0.19-0.140.14-0.4
0.710.290.380.38-0.53-0.050.16-0.360.080.93-0.390.730.960.610.890.74-0.980.270.80.970.00.880.85-0.610.63
0.570.290.240.28-0.65-0.090.0-0.290.020.73-0.340.620.80.520.770.65-0.910.050.80.82-0.190.880.86-0.770.52
0.570.120.170.14-0.6-0.060.14-0.28-0.020.72-0.340.660.810.50.730.69-0.890.170.910.83-0.140.850.86-0.770.66
-0.39-0.1-0.03-0.150.360.09-0.130.190.0-0.490.24-0.42-0.57-0.34-0.49-0.630.63-0.23-0.86-0.570.14-0.61-0.77-0.77-0.44
0.36-0.420.00.29-0.59-0.06-0.09-0.2-0.140.48-0.260.360.610.450.610.47-0.66-0.110.70.76-0.40.630.520.66-0.44
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Shenyang Blue Account Relationship Matchups

Shenyang Blue fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.3B2.1B2.2B2.1B1.8B
Other Current Liab164.3M210.8M338.7M252.2M12.9M12.2M
Total Current Liabilities808.4M744.1M976.6M940.1M811.3M859.2M
Total Stockholder Equity785.9M600.4M516.9M495.1M916.5M634.8M
Retained Earnings250.4M42.7M(26.4M)(121.2M)(141.9M)(134.8M)
Accounts Payable224.4M218.8M196.3M236.1M186.1M239.7M
Cash373.2M440.8M352.0M259.0M141.3M134.2M
Other Assets45.8M65.6M75.8M80.0M72.0M128.1M
Net Receivables469.6M321.3M383.9M322.4M265.6M397.0M
Inventory514.6M371.8M394.2M400.4M370.2M263.2M
Other Current Assets32.3M24.3M26.8M27.2M29.8M28.3M
Total Liab1.4B1.5B1.6B1.7B1.2B1.1B
Intangible Assets316.4M326.4M295.2M298.1M321.0M174.8M
Property Plant Equipment258.8M251.0M289.3M281.9M324.2M192.4M
Other Liab183.4M196.8M550.9M142.4M163.8M131.5M
Net Tangible Assets159.0M170.0M(33.5M)(63.7M)(57.3M)(54.5M)
Other Stockholder Equity49.0M43.8M66.0M(16.9M)(19.5M)(18.5M)
Deferred Long Term Liab2.7M9.8M11.0M5.4M6.2M5.0M
Total Current Assets1.4B1.3B1.2B1.2B1.1B1.0B
Non Current Assets Total947.2M967.7M956.5M951.6M1.0B955.7M
Non Current Liabilities Total574.4M784.3M619.8M719.9M370.8M483.6M
Short Long Term Debt63.0M54.3M75.1M195.0M144.8M113.6M
Long Term Debt391.0M333.7M14.5M11.5M5.1M4.8M
Good Will299.5M307.6M285.4M293.6M311.2M240.1M
Net Invested Capital1.1B988.4M606.5M701.6M1.1B727.1M
Non Current Liabilities Other16.3M26.2M22.8M13.8M13.8M16.3M
Net Working Capital584.4M566.2M180.2M263.3M246.2M255.7M

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Other Information on Investing in Shenyang Stock

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