Shengyuan Non Current Liabilities Total vs Net Receivables Analysis

300867 Stock   14.28  0.01  0.07%   
Shengyuan Environmental financial indicator trend analysis is much more than just breaking down Shengyuan Environmental prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shengyuan Environmental is a good investment. Please check the relationship between Shengyuan Environmental Non Current Liabilities Total and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shengyuan Environmental Protection. 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 Current Liabilities Total vs Net Receivables

Non Current Liabilities Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shengyuan Environmental Non Current Liabilities Total account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shengyuan Environmental's Non Current Liabilities Total and Net Receivables is 0.89. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Shengyuan Environmental Protection, assuming nothing else is changed. The correlation between historical values of Shengyuan Environmental's Non Current Liabilities Total and Net Receivables 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 Current Liabilities Total of Shengyuan Environmental Protection are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Liabilities Total i.e., Shengyuan Environmental's Non Current Liabilities Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Liabilities Total

Net Receivables

Most indicators from Shengyuan Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shengyuan Environmental 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 Shengyuan Environmental Protection. 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 November 29, 2024, Tax Provision is expected to decline to about 38.1 M. In addition to that, Selling General Administrative is expected to decline to about 27.4 M
 2021 2022 2023 2024 (projected)
Gross Profit715.8M523.1M548.1M477.5M
Total Revenue2.3B1.8B1.7B1.3B

Shengyuan Environmental fundamental ratios Correlations

-0.110.991.00.37-0.730.990.850.651.0-0.97-0.40.990.90.140.990.960.991.00.96-0.10.98-0.190.970.980.14
-0.11-0.24-0.140.29-0.05-0.16-0.570.2-0.120.260.71-0.02-0.220.68-0.03-0.18-0.15-0.090.06-0.56-0.140.29-0.08-0.14-0.15
0.99-0.240.990.33-0.70.980.890.570.99-0.97-0.460.950.910.040.960.970.980.980.940.050.97-0.210.950.980.15
1.0-0.140.990.34-0.710.990.860.630.99-0.97-0.430.980.90.110.980.960.990.990.95-0.080.99-0.210.970.980.13
0.370.290.330.340.110.260.250.480.34-0.290.230.40.220.730.420.150.310.390.49-0.460.430.810.170.380.82
-0.73-0.05-0.7-0.710.11-0.79-0.45-0.38-0.760.720.3-0.76-0.830.06-0.75-0.83-0.74-0.74-0.72-0.02-0.610.66-0.87-0.660.49
0.99-0.160.980.990.26-0.790.850.581.0-0.97-0.430.980.910.080.980.990.990.990.95-0.050.95-0.30.990.960.03
0.85-0.570.890.860.25-0.450.850.440.84-0.91-0.640.80.76-0.110.810.810.870.840.740.060.88-0.160.770.840.33
0.650.20.570.630.48-0.380.580.440.63-0.520.070.670.460.240.680.580.660.660.62-0.360.670.140.570.560.27
1.0-0.120.990.990.34-0.761.00.840.63-0.97-0.390.990.910.130.990.970.991.00.96-0.090.97-0.230.980.970.1
-0.970.26-0.97-0.97-0.290.72-0.97-0.91-0.52-0.970.58-0.96-0.91-0.04-0.95-0.94-0.97-0.97-0.90.04-0.960.26-0.94-0.94-0.13
-0.40.71-0.46-0.430.230.3-0.43-0.640.07-0.390.58-0.34-0.570.6-0.33-0.42-0.42-0.37-0.18-0.44-0.430.46-0.4-0.440.0
0.99-0.020.950.980.4-0.760.980.80.670.99-0.96-0.340.890.241.00.940.990.990.97-0.220.96-0.170.960.940.13
0.9-0.220.910.90.22-0.830.910.760.460.91-0.91-0.570.89-0.080.890.910.890.90.850.140.86-0.380.920.9-0.02
0.140.680.040.110.730.060.08-0.110.240.13-0.040.60.24-0.080.23-0.040.10.170.35-0.810.150.650.050.090.42
0.99-0.030.960.980.42-0.750.980.810.680.99-0.95-0.331.00.890.230.950.991.00.98-0.20.97-0.160.960.950.14
0.96-0.180.970.960.15-0.830.990.810.580.97-0.94-0.420.940.91-0.040.950.970.960.910.070.92-0.410.990.94-0.08
0.99-0.150.980.990.31-0.740.990.870.660.99-0.97-0.420.990.890.10.990.970.990.94-0.120.98-0.250.970.950.1
1.0-0.090.980.990.39-0.740.990.840.661.0-0.97-0.370.990.90.171.00.960.990.97-0.120.98-0.170.970.970.15
0.960.060.940.950.49-0.720.950.740.620.96-0.9-0.180.970.850.350.980.910.940.97-0.20.92-0.070.930.930.16
-0.1-0.560.05-0.08-0.46-0.02-0.050.06-0.36-0.090.04-0.44-0.220.14-0.81-0.20.07-0.12-0.12-0.2-0.12-0.42-0.030.04-0.28
0.98-0.140.970.990.43-0.610.950.880.670.97-0.96-0.430.960.860.150.970.920.980.980.92-0.12-0.080.910.970.26
-0.190.29-0.21-0.210.810.66-0.3-0.160.14-0.230.260.46-0.17-0.380.65-0.16-0.41-0.25-0.17-0.07-0.42-0.08-0.4-0.150.85
0.97-0.080.950.970.17-0.870.990.770.570.98-0.94-0.40.960.920.050.960.990.970.970.93-0.030.91-0.40.93-0.11
0.98-0.140.980.980.38-0.660.960.840.560.97-0.94-0.440.940.90.090.950.940.950.970.930.040.97-0.150.930.18
0.14-0.150.150.130.820.490.030.330.270.1-0.130.00.13-0.020.420.14-0.080.10.150.16-0.280.260.85-0.110.18
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Shengyuan Environmental Account Relationship Matchups

Shengyuan Environmental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B6.9B7.8B8.4B8.5B6.2B
Other Current Liab15.6M40.9M27.9M30.3M49.5K47.1K
Total Current Liabilities828.9M1.2B1.3B1.4B1.6B1.1B
Total Stockholder Equity1.2B2.7B3.2B3.4B3.5B2.3B
Other Liab160.6M248.5M93.2M115.4M132.8M161.2M
Net Tangible Assets(1.2B)(116.1M)(2.1B)(2.3B)(2.1B)(2.0B)
Retained Earnings749.9M1.1B1.5B1.7B1.7B1.1B
Accounts Payable473.2M754.3M759.9M713.0M717.6M526.5M
Cash50.1M256.9M99.6M363.3M87.0M166.3M
Non Current Assets Total3.8B5.3B6.3B6.8B6.9B5.1B
Non Currrent Assets Other153.7M103.2M57.1M80.8M67.7M103.9M
Other Assets242.2M214.3M172.5M219.4M197.4M180.1M
Long Term Debt2.0B2.7B3.1B3.3B3.0B2.6B
Net Receivables273.0M441.6M892.0M866.0M1.1B1.2B
Non Current Liabilities Total2.2B3.0B3.3B3.6B3.4B2.8B
Inventory17.1M25.5M46.2M60.5M60.3M32.6M
Other Current Assets93.2M170.5M219.8M246.5M215.2M151.1M
Total Liab3.0B4.2B4.6B5.0B5.0B3.9B
Deferred Long Term Liab66.9M83.5M84.6M98.6M113.4M70.2M
Total Current Assets433.4M1.6B1.5B1.6B1.6B1.0B
Non Current Liabilities Other134.5M228.6M42.5M55.5M71.5M90.1M
Intangible Assets2.4B2.8B5.3B5.7B5.7B3.8B
Property Plant Equipment1.1B2.2B517.4M552.6M635.5M1.0B
Net Debt1.8B2.4B3.1B3.0B3.1B2.5B
Net Invested Capital3.1B5.4B6.4B6.7B6.7B5.2B
Net Working Capital(395.5M)385.0M232.1M142.4M(42.5M)(40.3M)

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Other Information on Investing in Shengyuan Stock

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