Shandong Net Receivables vs Operating Income Analysis

301206 Stock

27.12 0.16 0.59%

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 Net Receivables and its Operating Income 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.

Net Receivables vs Operating Income

Net Receivables vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Sanyuan Bio Net Receivables account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Shandong Sanyuan's Net Receivables and Operating Income is 0.45. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Operating Income 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 Net Receivables and Operating 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 Net Receivables of Shandong Sanyuan Biotechnology are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Receivables i.e., Shandong Sanyuan's Net Receivables and Operating Income go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

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Net Receivables

Operating Income

Operating Income is the amount of profit realized from Shandong Sanyuan Bio operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Shandong Sanyuan Biotechnology is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 9.7 M, whereas Tax Provision is forecasted to decline to about 2.7 M.

	2021	2022	2023	2024 (projected)
Net Interest Income	2.8M	13.6M	5.2M	5.6M
Tax Provision	84.5M	20.3M	2.8M	2.7M

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		-0.58	0.26	1.0	0.88	0.24	0.4	0.99	0.92	0.43	0.95	0.98	0.83	0.91	0.37	1.0	0.58	0.97	0.67	0.87	0.95	0.96	-0.52
Other Current Liab	-0.58		-0.68	-0.54	-0.79	-0.66	-0.8	-0.51	-0.4	-0.74	-0.38	-0.65	-0.8	-0.76	-0.73	-0.54	-0.85	-0.42	-0.77	-0.68	-0.63	-0.61	0.11
Total Current Liabilities	0.26	-0.68		0.19	0.69	1.0	0.66	0.17	0.16	0.97	0.1	0.41	0.75	0.32	0.99	0.19	0.84	0.08	0.38	0.67	0.52	0.49	-0.24
Total Stockholder Equity	1.0	-0.54	0.19		0.84	0.17	0.36	1.0	0.93	0.37	0.96	0.97	0.79	0.9	0.31	1.0	0.53	0.98	0.65	0.84	0.93	0.94	-0.51
Retained Earnings	0.88	-0.79	0.69	0.84		0.67	0.67	0.83	0.76	0.79	0.74	0.93	0.98	0.86	0.77	0.84	0.88	0.76	0.74	0.99	0.96	0.95	-0.47
Accounts Payable	0.24	-0.66	1.0	0.17	0.67		0.65	0.15	0.14	0.96	0.08	0.39	0.74	0.29	0.99	0.17	0.83	0.06	0.36	0.65	0.5	0.47	-0.23
Cash	0.4	-0.8	0.66	0.36	0.67	0.65		0.31	0.13	0.59	0.11	0.43	0.61	0.62	0.68	0.36	0.86	0.19	0.88	0.61	0.48	0.45	0.26
Non Current Assets Total	0.99	-0.51	0.17	1.0	0.83	0.15	0.31		0.93	0.36	0.97	0.97	0.77	0.88	0.29	1.0	0.5	0.99	0.61	0.83	0.92	0.93	-0.52
Non Currrent Assets Other	0.92	-0.4	0.16	0.93	0.76	0.14	0.13	0.93		0.33	0.94	0.9	0.73	0.82	0.27	0.93	0.46	0.93	0.46	0.79	0.89	0.9	-0.78
Net Receivables	0.43	-0.74	0.97	0.37	0.79	0.96	0.59	0.36	0.33		0.31	0.58	0.86	0.42	0.98	0.37	0.83	0.28	0.38	0.76	0.65	0.63	-0.37
Common Stock Shares Outstanding	0.95	-0.38	0.1	0.96	0.74	0.08	0.11	0.97	0.94	0.31		0.93	0.71	0.76	0.21	0.96	0.35	0.99	0.42	0.76	0.88	0.9	-0.63
Non Current Liabilities Total	0.98	-0.65	0.41	0.97	0.93	0.39	0.43	0.97	0.9	0.58	0.93		0.91	0.88	0.51	0.97	0.65	0.94	0.63	0.92	0.98	0.98	-0.56
Inventory	0.83	-0.8	0.75	0.79	0.98	0.74	0.61	0.77	0.73	0.86	0.71	0.91		0.79	0.83	0.79	0.87	0.71	0.64	0.96	0.94	0.93	-0.53
Other Current Assets	0.91	-0.76	0.32	0.9	0.86	0.29	0.62	0.88	0.82	0.42	0.76	0.88	0.79		0.41	0.9	0.74	0.81	0.87	0.82	0.87	0.86	-0.37
Total Liab	0.37	-0.73	0.99	0.31	0.77	0.99	0.68	0.29	0.27	0.98	0.21	0.51	0.83	0.41		0.31	0.88	0.2	0.44	0.75	0.61	0.59	-0.3
Net Invested Capital	1.0	-0.54	0.19	1.0	0.84	0.17	0.36	1.0	0.93	0.37	0.96	0.97	0.79	0.9	0.31		0.53	0.98	0.65	0.84	0.93	0.94	-0.51
Total Current Assets	0.58	-0.85	0.84	0.53	0.88	0.83	0.86	0.5	0.46	0.83	0.35	0.65	0.87	0.74	0.88	0.53		0.38	0.79	0.85	0.74	0.71	-0.25
Capital Stock	0.97	-0.42	0.08	0.98	0.76	0.06	0.19	0.99	0.93	0.28	0.99	0.94	0.71	0.81	0.2	0.98	0.38		0.51	0.76	0.88	0.9	-0.55
Net Working Capital	0.67	-0.77	0.38	0.65	0.74	0.36	0.88	0.61	0.46	0.38	0.42	0.63	0.64	0.87	0.44	0.65	0.79	0.51		0.69	0.65	0.62	0.07
Intangible Assets	0.87	-0.68	0.67	0.84	0.99	0.65	0.61	0.83	0.79	0.76	0.76	0.92	0.96	0.82	0.75	0.84	0.85	0.76	0.69		0.98	0.97	-0.53
Property Plant And Equipment Net	0.95	-0.63	0.52	0.93	0.96	0.5	0.48	0.92	0.89	0.65	0.88	0.98	0.94	0.87	0.61	0.93	0.74	0.88	0.65	0.98		1.0	-0.61
Property Plant And Equipment Gross	0.96	-0.61	0.49	0.94	0.95	0.47	0.45	0.93	0.9	0.63	0.9	0.98	0.93	0.86	0.59	0.94	0.71	0.9	0.62	0.97	1.0		-0.62
Short Term Investments	-0.52	0.11	-0.24	-0.51	-0.47	-0.23	0.26	-0.52	-0.78	-0.37	-0.63	-0.56	-0.53	-0.37	-0.3	-0.51	-0.25	-0.55	0.07	-0.53	-0.61	-0.62

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Shandong Sanyuan Account Relationship Matchups

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RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

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.

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Shandong Net Receivables vs Operating Income Analysis

Net Receivables vs Operating Income

Net Receivables vs Operating Income Correlation Analysis

Correlation Coefficient

Net Receivables

Operating Income

Shandong Sanyuan fundamental ratios Correlations

Shandong Sanyuan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Shandong Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

Total Current Assets	- 0.85	Other Current Liab
Inventory	- 0.8	Other Current Liab
Cash	- 0.8	Other Current Liab
Retained Earnings	- 0.79	Other Current Liab
Short Term Investments	- 0.78	Non Currrent Assets Other
Net Working Capital	- 0.77	Other Current Liab