Shenzhen Selling General Administrative vs Interest Income Analysis

300724 Stock   64.32  0.22  0.34%   
Shenzhen financial indicator trend analysis is much more than just breaking down Shenzhen SC New prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen SC New is a good investment. Please check the relationship between Shenzhen Selling General Administrative and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen SC New. 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.

Selling General Administrative vs Interest Income

Selling General Administrative vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen SC New Selling General Administrative account and Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shenzhen's Selling General Administrative and Interest Income is 0.76. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Interest Income in the same time period over historical financial statements of Shenzhen SC New, assuming nothing else is changed. The correlation between historical values of Shenzhen's Selling General Administrative and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Shenzhen SC New are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Selling General Administrative i.e., Shenzhen's Selling General Administrative and Interest Income go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Selling General Administrative

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Shenzhen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen SC New 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 SC New. 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 Tax Provision is expected to grow to about 252.1 M, whereas Selling General Administrative is forecasted to decline to about 155.1 M.
 2024 2025 (projected)
Tax Provision240.1M252.1M
Income Tax Expense117.9M123.8M

Shenzhen fundamental ratios Correlations

0.750.670.80.820.80.690.620.270.580.710.60.710.65-0.680.680.50.560.410.580.610.70.770.710.710.66
0.750.950.970.710.90.970.90.040.860.980.870.970.93-0.750.920.780.840.760.860.890.970.940.980.980.87
0.670.950.930.610.820.980.99-0.160.980.990.980.980.99-0.770.980.930.970.90.970.990.940.870.990.990.91
0.80.970.930.690.850.950.890.050.850.960.870.970.93-0.870.890.780.830.720.850.880.960.880.960.960.86
0.820.710.610.690.840.670.530.480.50.640.50.60.55-0.380.680.420.480.370.490.530.570.820.630.650.49
0.80.90.820.850.840.850.750.210.710.860.720.820.78-0.570.820.630.70.650.710.750.80.990.850.860.78
0.690.970.980.950.670.850.95-0.150.920.990.940.970.97-0.760.960.860.910.830.920.950.950.90.990.980.88
0.620.90.990.890.530.750.95-0.251.00.961.00.960.99-0.750.970.970.990.951.01.00.90.810.970.960.91
0.270.04-0.160.050.480.21-0.15-0.25-0.29-0.1-0.3-0.11-0.240.13-0.13-0.32-0.3-0.34-0.29-0.25-0.090.18-0.12-0.09-0.2
0.580.860.980.850.50.710.921.0-0.290.941.00.940.98-0.730.960.991.00.961.01.00.870.770.940.930.89
0.710.980.990.960.640.860.990.96-0.10.940.950.990.98-0.770.970.880.920.850.940.960.970.91.01.00.91
0.60.870.980.870.50.720.941.0-0.31.00.950.950.99-0.750.960.981.00.951.01.00.890.780.950.940.9
0.710.970.980.970.60.820.970.96-0.110.940.990.950.99-0.810.950.880.920.840.940.960.980.870.990.990.92
0.650.930.990.930.550.780.970.99-0.240.980.980.990.99-0.780.970.940.970.90.980.990.950.830.990.980.92
-0.68-0.75-0.77-0.87-0.38-0.57-0.76-0.750.13-0.73-0.77-0.75-0.81-0.78-0.67-0.67-0.7-0.59-0.74-0.75-0.79-0.61-0.78-0.77-0.72
0.680.920.980.890.680.820.960.97-0.130.960.970.960.950.97-0.670.930.960.890.960.970.90.880.970.960.88
0.50.780.930.780.420.630.860.97-0.320.990.880.980.880.94-0.670.930.990.980.990.980.810.70.890.870.86
0.560.840.970.830.480.70.910.99-0.31.00.921.00.920.97-0.70.960.990.971.00.990.850.760.930.920.88
0.410.760.90.720.370.650.830.95-0.340.960.850.950.840.9-0.590.890.980.970.960.950.760.710.860.850.82
0.580.860.970.850.490.710.921.0-0.291.00.941.00.940.98-0.740.960.991.00.961.00.870.770.940.930.89
0.610.890.990.880.530.750.951.0-0.251.00.961.00.960.99-0.750.970.980.990.951.00.90.810.960.960.9
0.70.970.940.960.570.80.950.9-0.090.870.970.890.980.95-0.790.90.810.850.760.870.90.850.970.970.9
0.770.940.870.880.820.990.90.810.180.770.90.780.870.83-0.610.880.70.760.710.770.810.850.90.910.81
0.710.980.990.960.630.850.990.97-0.120.941.00.950.990.99-0.780.970.890.930.860.940.960.970.91.00.91
0.710.980.990.960.650.860.980.96-0.090.931.00.940.990.98-0.770.960.870.920.850.930.960.970.911.00.91
0.660.870.910.860.490.780.880.91-0.20.890.910.90.920.92-0.720.880.860.880.820.890.90.90.810.910.91
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Shenzhen Account Relationship Matchups

Shenzhen fundamental ratios Accounts

202020212022202320242025 (projected)
Other Liab15.1M31.3M41.0M39.5M45.4M27.8M
Net Tangible Assets2.2B2.5B3.0B6.0B7.0B7.3B
Retained Earnings1.6B2.2B3.0B4.6B5.3B5.5B
Other Assets29.3M54.2M186.4M267.1M307.2M322.6M
Deferred Long Term Liab1.1M7.3M6.5M4.7M5.4M3.3M
Property Plant Equipment245.8M290.4M380.5M693.8M797.8M837.7M
Total Assets9.3B12.8B19.1B39.1B45.0B47.3B
Other Current Liab3.7B4.1B323.4M567.9M653.1M620.4M
Total Current Liabilities6.2B6.5B11.9B30.0B34.5B36.2B
Total Stockholder Equity3.0B6.2B7.2B8.7B10.1B10.6B
Accounts Payable2.1B2.3B5.0B10.7B12.3B12.9B
Cash1.5B4.0B4.0B5.2B6.0B6.3B
Non Current Assets Total590.7M1.1B1.6B2.3B2.6B2.7B
Non Currrent Assets Other84.7M142.4M75.3M65.3M58.7M55.8M
Net Receivables1.0B1.3B1.9B2.9B3.4B3.5B
Non Current Liabilities Total41.0M41.1M53.5M369.7M425.2M446.5M
Inventory3.8B4.0B7.1B21.3B24.5B25.7B
Other Current Assets148.8M174.4M279.1M2.4B2.8B2.9B
Total Liab6.2B6.6B11.9B30.4B34.9B36.7B
Total Current Assets8.7B11.7B17.6B36.9B42.4B44.5B
Intangible Assets28.6M155.1M149.6M154.4M177.5M186.4M
Common Stock Shares Outstanding321.2M348.3M348.2M348.2M400.4M352.9M
Net Invested Capital3.2B6.2B7.5B9.1B10.4B10.9B
Net Working Capital2.5B5.1B5.7B6.9B7.9B8.3B
Capital Stock321.2M348.3M348.2M348.2M400.4M367.7M
Non Current Liabilities Other29.5M30.3M34.2M54.1M62.2M31.3M
Property Plant And Equipment Net290.4M380.5M693.8M960.7M1.1B565.7M
Property Plant And Equipment Gross341.7M458.6M808.5M1.1B1.3B663.5M

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Other Information on Investing in Shenzhen Stock

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