Sinofibers Intangible Assets vs Total Stockholder Equity Analysis

300777 Stock

28.74 0.31 1.09%

Sinofibers Technology financial indicator trend analysis is much more than just breaking down Sinofibers Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sinofibers Technology is a good investment. Please check the relationship between Sinofibers Technology Intangible Assets and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sinofibers Technology Co. 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.

Intangible Assets vs Total Stockholder Equity

Intangible Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinofibers Technology Intangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.

The correlation between Sinofibers Technology's Intangible Assets and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Sinofibers Technology Co, assuming nothing else is changed. The correlation between historical values of Sinofibers Technology's Intangible Assets and Total 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 Intangible Assets of Sinofibers Technology Co are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Intangible Assets i.e., Sinofibers Technology's Intangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Sinofibers Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sinofibers Technology 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 Sinofibers Technology Co. 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 11.2 M, whereas Tax Provision is forecasted to decline to about 22.9 M.

	2022	2023	2024	2025 (projected)
Gross Profit	602.9M	378.3M	435.1M	305.4M
Total Revenue	797.2M	558.8M	642.6M	402.0M

Gross Profit Total Revenue

Sinofibers Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		-0.34	0.71	1.0	0.81	1.0	0.98	0.69	0.93	0.99	-0.39	-0.7	0.62	0.83	0.75	0.85	0.24	0.78	-0.66	-0.65	1.0	0.62	-0.65	0.99	0.84	0.72
Other Current Liab	-0.34		-0.11	-0.34	0.06	-0.32	-0.2	-0.3	-0.31	-0.26	-0.46	-0.21	0.26	-0.36	-0.54	-0.21	0.17	-0.26	-0.24	-0.23	-0.38	0.26	-0.23	-0.37	0.05	0.22
Total Current Liabilities	0.71	-0.11		0.67	0.62	0.69	0.66	0.97	0.41	0.7	-0.36	-0.67	0.65	0.9	0.62	0.27	0.85	0.97	-0.64	-0.63	0.7	0.65	-0.63	0.7	0.53	0.68
Total Stockholder Equity	1.0	-0.34	0.67		0.8	1.0	0.98	0.66	0.94	0.99	-0.39	-0.69	0.61	0.81	0.73	0.87	0.2	0.75	-0.65	-0.64	1.0	0.61	-0.64	0.99	0.84	0.72
Other Liab	0.81	0.06	0.62	0.8		0.82	0.89	0.55	0.76	0.84	-0.66	-0.83	0.88	0.67	0.61	0.71	0.27	0.67	-0.86	-0.86	0.78	0.88	-0.86	0.8	0.9	0.93
Net Tangible Assets	1.0	-0.32	0.69	1.0	0.82		0.98	0.67	0.94	0.99	-0.4	-0.71	0.63	0.82	0.73	0.86	0.23	0.76	-0.66	-0.65	1.0	0.63	-0.65	0.99	0.85	0.73
Retained Earnings	0.98	-0.2	0.66	0.98	0.89	0.98		0.62	0.94	0.99	-0.55	-0.8	0.73	0.75	0.67	0.88	0.2	0.72	-0.76	-0.74	0.96	0.73	-0.74	0.96	0.9	0.82
Accounts Payable	0.69	-0.3	0.97	0.66	0.55	0.67	0.62		0.38	0.66	-0.18	-0.53	0.51	0.93	0.64	0.22	0.81	0.95	-0.5	-0.48	0.7	0.51	-0.48	0.68	0.45	0.56
Cash	0.93	-0.31	0.41	0.94	0.76	0.94	0.94	0.38		0.94	-0.42	-0.64	0.55	0.59	0.66	0.98	-0.1	0.52	-0.59	-0.59	0.92	0.55	-0.59	0.92	0.84	0.65
Non Current Assets Total	0.99	-0.26	0.7	0.99	0.84	0.99	0.99	0.66	0.94		-0.49	-0.77	0.7	0.79	0.74	0.87	0.24	0.77	-0.73	-0.72	0.98	0.7	-0.72	0.99	0.87	0.79
Non Currrent Assets Other	-0.39	-0.46	-0.36	-0.39	-0.66	-0.4	-0.55	-0.18	-0.42	-0.49		0.91	-0.85	-0.16	-0.17	-0.42	-0.24	-0.34	0.83	0.79	-0.33	-0.85	0.79	-0.37	-0.62	-0.85
Other Assets	-0.7	-0.21	-0.67	-0.69	-0.83	-0.71	-0.8	-0.53	-0.64	-0.77	0.91		-0.93	-0.54	-0.47	-0.59	-0.42	-0.67	0.91	0.87	-0.66	-0.93	0.87	-0.68	-0.78	-0.96
Long Term Debt	0.62	0.26	0.65	0.61	0.88	0.63	0.73	0.51	0.55	0.7	-0.85	-0.93		0.54	0.56	0.52	0.43	0.68	-0.96	-0.96	0.58	1.0	-0.96	0.63	0.76	0.97
Net Receivables	0.83	-0.36	0.9	0.81	0.67	0.82	0.75	0.93	0.59	0.79	-0.16	-0.54	0.54		0.75	0.46	0.61	0.93	-0.5	-0.5	0.85	0.54	-0.5	0.82	0.63	0.61
Non Current Liabilities Total	0.75	-0.54	0.62	0.73	0.61	0.73	0.67	0.64	0.66	0.74	-0.17	-0.47	0.56	0.75		0.56	0.26	0.8	-0.54	-0.57	0.75	0.56	-0.57	0.79	0.51	0.53
Inventory	0.85	-0.21	0.27	0.87	0.71	0.86	0.88	0.22	0.98	0.87	-0.42	-0.59	0.52	0.46	0.56		-0.24	0.38	-0.57	-0.57	0.84	0.52	-0.57	0.85	0.82	0.61
Other Current Assets	0.24	0.17	0.85	0.2	0.27	0.23	0.2	0.81	-0.1	0.24	-0.24	-0.42	0.43	0.61	0.26	-0.24		0.74	-0.39	-0.36	0.24	0.43	-0.36	0.22	0.14	0.41
Total Liab	0.78	-0.26	0.97	0.75	0.67	0.76	0.72	0.95	0.52	0.77	-0.34	-0.67	0.68	0.93	0.8	0.38	0.74		-0.67	-0.66	0.78	0.68	-0.66	0.79	0.57	0.69
Deferred Long Term Liab	-0.66	-0.24	-0.64	-0.65	-0.86	-0.66	-0.76	-0.5	-0.59	-0.73	0.83	0.91	-0.96	-0.5	-0.54	-0.57	-0.39	-0.67		0.99	-0.61	-0.96	0.99	-0.68	-0.72	-0.93
Short Long Term Debt	-0.65	-0.23	-0.63	-0.64	-0.86	-0.65	-0.74	-0.48	-0.59	-0.72	0.79	0.87	-0.96	-0.5	-0.57	-0.57	-0.36	-0.66	0.99		-0.6	-0.96	1.0	-0.68	-0.73	-0.92
Total Current Assets	1.0	-0.38	0.7	1.0	0.78	1.0	0.96	0.7	0.92	0.98	-0.33	-0.66	0.58	0.85	0.75	0.84	0.24	0.78	-0.61	-0.6		0.58	-0.6	0.99	0.81	0.68
Non Current Liabilities Other	0.62	0.26	0.65	0.61	0.88	0.63	0.73	0.51	0.55	0.7	-0.85	-0.93	1.0	0.54	0.56	0.52	0.43	0.68	-0.96	-0.96	0.58		-0.96	0.63	0.76	0.97
Short Term Debt	-0.65	-0.23	-0.63	-0.64	-0.86	-0.65	-0.74	-0.48	-0.59	-0.72	0.79	0.87	-0.96	-0.5	-0.57	-0.57	-0.36	-0.66	0.99	1.0	-0.6	-0.96		-0.68	-0.73	-0.92
Intangible Assets	0.99	-0.37	0.7	0.99	0.8	0.99	0.96	0.68	0.92	0.99	-0.37	-0.68	0.63	0.82	0.79	0.85	0.22	0.79	-0.68	-0.68	0.99	0.63	-0.68		0.81	0.71
Common Stock	0.84	0.05	0.53	0.84	0.9	0.85	0.9	0.45	0.84	0.87	-0.62	-0.78	0.76	0.63	0.51	0.82	0.14	0.57	-0.72	-0.73	0.81	0.76	-0.73	0.81		0.85
Property Plant Equipment	0.72	0.22	0.68	0.72	0.93	0.73	0.82	0.56	0.65	0.79	-0.85	-0.96	0.97	0.61	0.53	0.61	0.41	0.69	-0.93	-0.92	0.68	0.97	-0.92	0.71	0.85

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Sinofibers Technology Account Relationship Matchups

Sinofibers Technology fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.4B	1.5B	4.5B	4.4B	5.1B	5.3B
Other Current Liab	65.8M	71.7M	21.0M	24.1K	27.7K	26.3K
Total Current Liabilities	112.3M	106.2M	471.0M	163.5M	188.0M	183.1M
Total Stockholder Equity	1.2B	1.3B	3.9B	4.1B	4.7B	4.9B
Other Liab	47.7M	48.8M	60.5M	60.4M	69.4M	56.4M
Net Tangible Assets	943.8M	1.1B	1.3B	3.5B	4.0B	4.2B
Retained Earnings	613.9M	773.2M	1.2B	1.3B	1.5B	1.6B
Accounts Payable	29.7M	74.1M	432.1M	119.6M	137.6M	119.9M
Cash	200.8M	192.7M	249.8M	651.9M	749.7M	787.2M
Non Current Assets Total	762.2M	807.5M	1.8B	1.8B	2.1B	2.2B
Non Currrent Assets Other	11.0M	5.7M	58.4M	35.8M	32.3M	28.2M
Other Assets	10.5M	5.2M	14.7M	8.9M	8.1M	7.7M
Net Receivables	188.5M	228.3M	757.7M	450.4M	518.0M	337.1M
Non Current Liabilities Total	60.5M	60.4M	159.4M	159.7M	183.7M	113.0M
Inventory	28.7M	27.3M	16.3M	73.6M	84.6M	88.8M
Other Current Assets	33.2M	6.2M	119.2M	1.1M	1.2M	1.2M
Total Liab	172.8M	166.5M	630.3M	323.2M	371.7M	296.5M
Total Current Assets	595.3M	703.2M	2.8B	2.6B	3.0B	3.1B
Intangible Assets	35.1M	43.8M	109.4M	107.9M	124.1M	130.3M
Property Plant Equipment	568.4M	710.4M	711.4M	754.8M	868.0M	587.1M
Net Invested Capital	1.2B	1.3B	3.9B	4.1B	4.7B	4.9B
Net Working Capital	482.9M	597.0M	2.3B	2.4B	2.8B	2.9B
Property Plant And Equipment Net	711.4M	754.8M	1.5B	1.6B	1.8B	1.2B
Short Term Investments	50.0M	153.2M	1.6B	1.3B	1.5B	1.6B
Property Plant And Equipment Gross	917.1M	1.0B	1.8B	2.1B	2.4B	1.5B

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Other Information on Investing in Sinofibers Stock

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

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Sinofibers Intangible Assets vs Total Stockholder Equity Analysis

Intangible Assets vs Total Stockholder Equity

Intangible Assets vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Intangible Assets

Total Stockholder Equity

Sinofibers Technology fundamental ratios Correlations

Sinofibers Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sinofibers Technology fundamental ratios Accounts

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Other Information on Investing in Sinofibers Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Net Tangible Assets

Short Term Debt	- 0.96	Non Current Liabilities Other
Non Current Liabilities Other	- 0.96	Short Long Term Debt
Non Current Liabilities Other	- 0.96	Deferred Long Term Liab
Short Term Debt	- 0.96	Long Term Debt
Short Long Term Debt	- 0.96	Long Term Debt
Deferred Long Term Liab	- 0.96	Long Term Debt