Shandong Cash vs Net Invested Capital Analysis

301206 Stock

25.23 0.33 1.33%

Shandong Sanyuan financial indicator trend analysis is much more than just breaking down Shandong Sanyuan Bio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shandong Sanyuan Bio is a good investment. Please check the relationship between Shandong Sanyuan Cash and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Sanyuan Biotechnology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash vs Net Invested Capital

Cash vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Sanyuan Bio Cash account and Net Invested Capital. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Shandong Sanyuan's Cash and Net Invested Capital is 0.13. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Shandong Sanyuan Biotechnology, assuming nothing else is changed. The correlation between historical values of Shandong Sanyuan's Cash and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Shandong Sanyuan Biotechnology are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash i.e., Shandong Sanyuan's Cash and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Shandong Sanyuan Bio, which is listed under current asset account on Shandong Sanyuan Biotechnology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Shandong Sanyuan customers. The amounts must be unrestricted with restricted cash listed in a different Shandong Sanyuan account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Shandong Sanyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shandong Sanyuan Bio 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 Shandong Sanyuan Biotechnology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Selling General Administrative is expected to grow to about 5.5 M, whereas Tax Provision is forecasted to decline to about 2.4 M.

	2022	2023	2024	2025 (projected)
Net Interest Income	13.6M	5.2M	5.9M	5.6M
Tax Provision	20.3M	2.8M	2.6M	2.4M

Net Interest Income Tax Provision

Shandong Sanyuan fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Property Plant And Equipment Gross	Short Term Investments
Total Assets		-0.56	0.27	0.93	0.9	0.25	0.25	0.93	0.92	0.51	0.97	0.99	0.87	0.88	0.41	0.93	0.5	0.99	0.58	0.91	0.97	0.97	-0.42
Other Current Liab	-0.56		-0.71	-0.57	-0.78	-0.69	-0.7	-0.55	-0.51	-0.76	-0.45	-0.61	-0.78	-0.78	-0.76	-0.57	-0.88	-0.46	-0.78	-0.67	-0.63	-0.61	0.32
Total Current Liabilities	0.27	-0.71		0.28	0.66	1.0	0.65	0.27	0.2	0.95	0.15	0.38	0.7	0.33	0.99	0.28	0.84	0.13	0.44	0.61	0.48	0.46	-0.27
Total Stockholder Equity	0.93	-0.57	0.28		0.85	0.26	0.13	1.0	1.0	0.5	0.94	0.92	0.83	0.85	0.4	1.0	0.51	0.93	0.58	0.87	0.93	0.94	-0.69
Retained Earnings	0.9	-0.78	0.66	0.85		0.64	0.54	0.84	0.8	0.81	0.81	0.93	0.99	0.87	0.76	0.85	0.81	0.82	0.71	0.98	0.96	0.95	-0.43
Accounts Payable	0.25	-0.69	1.0	0.26	0.64		0.64	0.24	0.18	0.94	0.13	0.36	0.68	0.3	0.99	0.26	0.83	0.11	0.42	0.6	0.46	0.44	-0.26
Cash	0.25	-0.7	0.65	0.13	0.54	0.64		0.09	0.05	0.53	0.07	0.27	0.47	0.55	0.64	0.13	0.86	0.12	0.81	0.44	0.33	0.29	0.2
Non Current Assets Total	0.93	-0.55	0.27	1.0	0.84	0.24	0.09		1.0	0.49	0.94	0.92	0.82	0.83	0.39	1.0	0.48	0.93	0.54	0.86	0.93	0.93	-0.7
Non Currrent Assets Other	0.92	-0.51	0.2	1.0	0.8	0.18	0.05	1.0		0.43	0.94	0.9	0.79	0.81	0.33	1.0	0.43	0.93	0.52	0.83	0.91	0.91	-0.7
Net Receivables	0.51	-0.76	0.95	0.5	0.81	0.94	0.53	0.49	0.43		0.42	0.63	0.87	0.48	0.98	0.5	0.8	0.4	0.43	0.77	0.69	0.67	-0.37
Common Stock Shares Outstanding	0.97	-0.45	0.15	0.94	0.81	0.13	0.07	0.94	0.94	0.42		0.95	0.8	0.81	0.29	0.94	0.36	0.99	0.46	0.86	0.93	0.94	-0.54
Non Current Liabilities Total	0.99	-0.61	0.38	0.92	0.93	0.36	0.27	0.92	0.9	0.63	0.95		0.93	0.85	0.51	0.92	0.55	0.96	0.55	0.94	0.98	0.99	-0.45
Inventory	0.87	-0.78	0.7	0.83	0.99	0.68	0.47	0.82	0.79	0.87	0.8	0.93		0.8	0.79	0.83	0.77	0.8	0.61	0.97	0.95	0.95	-0.47
Other Current Assets	0.88	-0.78	0.33	0.85	0.87	0.3	0.55	0.83	0.81	0.48	0.81	0.85	0.8		0.44	0.85	0.71	0.84	0.87	0.82	0.85	0.84	-0.35
Total Liab	0.41	-0.76	0.99	0.4	0.76	0.99	0.64	0.39	0.33	0.98	0.29	0.51	0.79	0.44		0.4	0.87	0.27	0.5	0.72	0.6	0.58	-0.32
Net Invested Capital	0.93	-0.57	0.28	1.0	0.85	0.26	0.13	1.0	1.0	0.5	0.94	0.92	0.83	0.85	0.4		0.51	0.93	0.58	0.87	0.93	0.94	-0.69
Total Current Assets	0.5	-0.88	0.84	0.51	0.81	0.83	0.86	0.48	0.43	0.8	0.36	0.55	0.77	0.71	0.87	0.51		0.37	0.85	0.74	0.64	0.61	-0.28
Capital Stock	0.99	-0.46	0.13	0.93	0.82	0.11	0.12	0.93	0.93	0.4	0.99	0.96	0.8	0.84	0.27	0.93	0.37		0.5	0.85	0.93	0.94	-0.45
Net Working Capital	0.58	-0.78	0.44	0.58	0.71	0.42	0.81	0.54	0.52	0.43	0.46	0.55	0.61	0.87	0.5	0.58	0.85	0.5		0.64	0.61	0.57	-0.21
Intangible Assets	0.91	-0.67	0.61	0.87	0.98	0.6	0.44	0.86	0.83	0.77	0.86	0.94	0.97	0.82	0.72	0.87	0.74	0.85	0.64		0.98	0.98	-0.49
Property Plant And Equipment Net	0.97	-0.63	0.48	0.93	0.96	0.46	0.33	0.93	0.91	0.69	0.93	0.98	0.95	0.85	0.6	0.93	0.64	0.93	0.61	0.98		1.0	-0.52
Property Plant And Equipment Gross	0.97	-0.61	0.46	0.94	0.95	0.44	0.29	0.93	0.91	0.67	0.94	0.99	0.95	0.84	0.58	0.94	0.61	0.94	0.57	0.98	1.0		-0.52
Short Term Investments	-0.42	0.32	-0.27	-0.69	-0.43	-0.26	0.2	-0.7	-0.7	-0.37	-0.54	-0.45	-0.47	-0.35	-0.32	-0.69	-0.28	-0.45	-0.21	-0.49	-0.52	-0.52

Click cells to compare fundamentals

Shandong Sanyuan Account Relationship Matchups

Shandong Sanyuan fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	781.4M	1.6B	4.9B	4.8B	5.5B	2.8B
Other Current Liab	148.6K	226.4K	168.1K	2.3M	2.1M	1.0M
Total Current Liabilities	258.9M	564.8M	207.5M	224.2M	257.8M	313.5M
Total Stockholder Equity	509.9M	1.0B	4.6B	4.5B	5.2B	5.5B
Retained Earnings	289.6M	821.5M	833.8M	745.1M	856.8M	625.0M
Accounts Payable	238.8M	542.5M	184.3M	208.6M	239.9M	293.1M
Cash	225.0M	515.7M	489.0M	108.8M	125.1M	118.9M
Non Current Assets Total	402.7M	828.5M	4.2B	4.5B	5.2B	5.4B
Non Currrent Assets Other	5.9M	6.3M	3.1B	3.4B	3.9B	4.1B
Net Receivables	70.9M	141.4M	51.0M	78.7M	90.5M	83.2M
Non Current Liabilities Total	12.6M	24.0M	41.6M	48.2M	55.4M	29.2M
Inventory	68.2M	112.2M	96.8M	104.3M	120.0M	94.0M
Other Current Assets	5.5M	6.1M	23.2M	10.1M	11.6M	9.9M
Total Liab	271.5M	588.8M	249.1M	272.4M	313.3M	342.6M
Net Invested Capital	509.9M	1.0B	4.6B	4.5B	5.2B	5.5B
Total Current Assets	378.7M	805.6M	669.4M	321.8M	370.1M	531.2M
Net Working Capital	119.8M	240.8M	461.9M	97.6M	112.3M	217.7M
Intangible Assets	30.1M	49.1M	48.7M	47.6M	54.7M	45.4M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

CSX	CSX Corporation
ETON	Eton Pharmaceuticals
ALLT	Allot Communications

Other Information on Investing in Shandong Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Shandong Cash vs Net Invested Capital Analysis

Cash vs Net Invested Capital

Cash vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Cash

Net Invested Capital

Shandong Sanyuan fundamental ratios Correlations

Shandong Sanyuan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shandong Sanyuan fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Shandong Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Non Currrent Assets Other	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Currrent Assets Other	+ 1.0	Non Current Assets Total
Net Invested Capital	+ 1.0	Non Current Assets Total

Total Current Assets	- 0.88	Other Current Liab
Net Working Capital	- 0.78	Other Current Liab
Other Current Assets	- 0.78	Other Current Liab
Inventory	- 0.78	Other Current Liab
Retained Earnings	- 0.78	Other Current Liab
Total Liab	- 0.76	Other Current Liab