Shanghai Change To Netincome vs Change In Cash Analysis

600000 Stock   9.43  0.12  1.29%   
Shanghai Pudong financial indicator trend analysis is much more than just breaking down Shanghai Pudong Deve prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Pudong Deve is a good investment. Please check the relationship between Shanghai Pudong Change To Netincome and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Pudong Development. 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.

Change To Netincome vs Change In Cash

Change To Netincome vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Pudong Deve Change To Netincome account and Change In Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shanghai Pudong's Change To Netincome and Change In Cash is -0.06. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Shanghai Pudong Development, assuming nothing else is changed. The correlation between historical values of Shanghai Pudong's Change To Netincome and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Shanghai Pudong Development are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Change To Netincome i.e., Shanghai Pudong's Change To Netincome and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Netincome

Change In Cash

Most indicators from Shanghai Pudong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Pudong Deve 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 Shanghai Pudong Development. 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.
As of November 28, 2024, Selling General Administrative is expected to decline to about 15 B. In addition to that, Tax Provision is expected to decline to about 3.1 B
 2023 2024 (projected)
Operating Income74.6B59.1B
Total Revenue173.1B119.4B

Shanghai Pudong fundamental ratios Correlations

0.99-0.10.420.95-0.411.00.880.940.930.70.940.840.820.830.850.820.34-0.75-0.710.79-0.770.140.78-0.510.57
0.99-0.160.460.97-0.470.980.930.920.960.680.950.820.870.890.910.870.33-0.82-0.780.86-0.820.150.84-0.530.63
-0.1-0.16-0.14-0.370.79-0.1-0.26-0.02-0.2-0.15-0.31-0.49-0.21-0.23-0.25-0.21-0.270.220.11-0.160.270.03-0.180.04-0.21
0.420.46-0.140.45-0.270.420.470.340.490.110.40.350.490.520.50.510.19-0.54-0.340.48-0.19-0.680.50.020.71
0.950.97-0.370.45-0.630.940.910.860.950.630.970.890.870.880.90.860.36-0.81-0.760.83-0.820.120.81-0.560.59
-0.41-0.470.79-0.27-0.63-0.4-0.56-0.25-0.45-0.46-0.64-0.73-0.4-0.49-0.52-0.45-0.360.430.29-0.360.53-0.01-0.430.12-0.42
1.00.98-0.10.420.94-0.40.870.940.930.70.940.840.810.830.850.810.34-0.75-0.70.78-0.770.130.77-0.510.56
0.880.93-0.260.470.91-0.560.870.820.850.70.920.760.790.830.90.80.18-0.83-0.790.81-0.90.170.85-0.390.73
0.940.92-0.020.340.86-0.250.940.820.840.660.880.760.740.730.760.70.42-0.7-0.630.66-0.80.130.65-0.50.45
0.930.96-0.20.490.95-0.450.930.850.840.490.880.750.960.910.90.90.3-0.88-0.850.89-0.710.120.84-0.680.57
0.70.68-0.150.110.63-0.460.70.70.660.490.720.70.340.510.590.460.32-0.43-0.260.4-0.640.30.50.10.62
0.940.95-0.310.40.97-0.640.940.920.880.880.720.920.770.790.830.760.38-0.72-0.660.7-0.860.10.73-0.470.55
0.840.82-0.490.350.89-0.730.840.760.760.750.70.920.610.70.720.680.41-0.59-0.470.54-0.70.060.62-0.350.45
0.820.87-0.210.490.87-0.40.810.790.740.960.340.770.610.880.870.880.3-0.92-0.870.86-0.630.110.81-0.710.55
0.830.89-0.230.520.88-0.490.830.830.730.910.510.790.70.880.991.00.29-0.89-0.80.9-0.650.20.96-0.560.64
0.850.91-0.250.50.9-0.520.850.90.760.90.590.830.720.870.990.980.27-0.91-0.810.9-0.730.240.96-0.510.7
0.820.87-0.210.510.86-0.450.810.80.70.90.460.760.680.881.00.980.26-0.87-0.80.9-0.610.210.96-0.60.61
0.340.33-0.270.190.36-0.360.340.180.420.30.320.380.410.30.290.270.26-0.210.130.07-0.28-0.20.02-0.070.11
-0.75-0.820.22-0.54-0.810.43-0.75-0.83-0.7-0.88-0.43-0.72-0.59-0.92-0.89-0.91-0.87-0.210.87-0.820.63-0.18-0.870.52-0.7
-0.71-0.780.11-0.34-0.760.29-0.7-0.79-0.63-0.85-0.26-0.66-0.47-0.87-0.8-0.81-0.80.130.87-0.880.66-0.33-0.850.72-0.49
0.790.86-0.160.480.83-0.360.780.810.660.890.40.70.540.860.90.90.90.07-0.82-0.88-0.660.210.92-0.60.64
-0.77-0.820.27-0.19-0.820.53-0.77-0.9-0.8-0.71-0.64-0.86-0.7-0.63-0.65-0.73-0.61-0.280.630.66-0.66-0.29-0.640.44-0.45
0.140.150.03-0.680.12-0.010.130.170.130.120.30.10.060.110.20.240.21-0.2-0.18-0.330.21-0.290.27-0.35-0.13
0.780.84-0.180.50.81-0.430.770.850.650.840.50.730.620.810.960.960.960.02-0.87-0.850.92-0.640.27-0.50.7
-0.51-0.530.040.02-0.560.12-0.51-0.39-0.5-0.680.1-0.47-0.35-0.71-0.56-0.51-0.6-0.070.520.72-0.60.44-0.35-0.50.15
0.570.63-0.210.710.59-0.420.560.730.450.570.620.550.450.550.640.70.610.11-0.7-0.490.64-0.45-0.130.70.15
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Shanghai Pudong Account Relationship Matchups

Shanghai Pudong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.0T8.0T8.1T8.7T9.0T9.5T
Total Stockholder Equity553.9B638.2B670.0B697.9B724.7B761.0B
Other Liab52.8B55.1B56.3B51.7B59.5B62.2B
Cash785.1B920.0B6.3T992.7B1.1T663.4B
Other Assets3.5T4.0T4.5T5.2T6.0T6.3T
Total Liab6.4T7.3T7.5T8.0T8.3T8.7T
Intangible Assets10.4B10.5B10.5B10.3B9.8B10.3B
Property Plant Equipment26.5B30.4B32.4B50.4B58.0B60.9B
Retained Earnings372.8B410.4B193.1B477.1B208.3B173.7B
Other Current Liab52.3B48.4B41.2B123.2B141.6B148.7B
Total Current Liabilities4.9T5.4T6.1T6.6T7.6T5.8T
Net Tangible Assets506.5B590.7B622.5B650.5B748.1B521.4B
Accounts Payable4.3T4.6T5.3T5.6T6.4T5.1T
Net Receivables4.9B4.5B7.5B11.4B10.3B8.3B
Inventory605M628M720M444M399.6M560.8M
Other Current Assets418.5B433.6B423.5B402.8B362.6B359.3B
Other Stockholder Equity40.0B86.7B85.5B79.6B91.6B96.2B
Deferred Long Term Liab1.2B1.1B1.1B1.4B1.3B1.1B
Long Term Investments2.1T2.4T36.6B2.6T2.7T2.0T
Total Current Assets1.2T1.4T1.6T1.7T1.9T1.4T
Net Debt381.0B403.4B631.9B594.1B202.3B192.2B
Net Invested Capital1.7T2.0T2.1T2.3T2.0T2.0T

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Other Information on Investing in Shanghai Stock

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