Shanghai Other Current Liab vs Accounts Payable Analysis

600000 Stock   9.46  0.02  0.21%   
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 Other Current Liab and its Accounts Payable 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.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Pudong Deve Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shanghai Pudong's Other Current Liab and Accounts Payable is 0.88. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable 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 Other Current Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Shanghai Pudong Development are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Liab i.e., Shanghai Pudong's Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents Shanghai Pudong obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Shanghai Pudong Deve are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 30, 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.