Shanghai Deferred Long Term Liab vs Inventory Analysis

600170 Stock   2.60  0.01  0.39%   
Shanghai Construction financial indicator trend analysis is much more than just breaking down Shanghai Construction prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Construction is a good investment. Please check the relationship between Shanghai Construction Deferred Long Term Liab and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Construction Group. 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.

Deferred Long Term Liab vs Inventory

Deferred Long Term Liab vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Construction Deferred Long Term Liab account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shanghai Construction's Deferred Long Term Liab and Inventory is 0.51. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Inventory in the same time period over historical financial statements of Shanghai Construction Group, assuming nothing else is changed. The correlation between historical values of Shanghai Construction's Deferred Long Term Liab and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Shanghai Construction Group are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Deferred Long Term Liab i.e., Shanghai Construction's Deferred Long Term Liab and Inventory go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Inventory

Most indicators from Shanghai Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Construction 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 Construction Group. 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, Selling General Administrative is expected to decline to about 1.7 B. In addition to that, Tax Provision is expected to decline to about 1.2 B
 2021 2022 2023 2024 (projected)
Operating Income7.7B6.8B7.4B7.8B
Total Revenue281.1B286.0B304.6B319.9B

Shanghai Construction fundamental ratios Correlations

-0.041.00.980.760.970.980.990.980.990.620.91.00.720.910.910.990.710.60.930.890.880.850.870.950.81
-0.04-0.060.10.350.19-0.21-0.03-0.21-0.060.68-0.13-0.05-0.120.2-0.070.020.12-0.29-0.09-0.14-0.120.09-0.19-0.08-0.11
1.0-0.060.980.750.960.980.990.980.990.60.91.00.730.90.910.990.710.610.930.90.880.850.880.940.81
0.980.10.980.820.990.930.980.940.970.720.850.980.70.960.90.980.70.520.910.860.830.870.810.910.78
0.760.350.750.820.820.640.770.660.690.80.560.760.50.880.680.790.540.320.650.570.60.70.550.660.49
0.970.190.960.990.820.910.960.910.960.770.860.970.650.930.850.970.770.540.910.860.850.870.830.920.8
0.98-0.210.980.930.640.910.960.990.970.460.940.980.70.810.870.950.710.70.940.930.910.820.930.960.84
0.99-0.030.990.980.770.960.960.970.980.630.860.990.750.930.920.980.670.550.910.860.840.830.830.920.77
0.98-0.210.980.940.660.910.990.970.970.470.90.980.730.840.90.960.660.660.920.910.880.810.890.940.81
0.99-0.060.990.970.690.960.970.980.970.610.910.990.710.90.90.980.710.530.930.90.860.860.850.930.83
0.620.680.60.720.80.770.460.630.470.610.460.610.290.80.490.670.60.060.60.510.510.730.410.580.53
0.9-0.130.90.850.560.860.940.860.90.910.460.90.560.710.720.890.790.670.90.90.910.830.940.940.88
1.0-0.051.00.980.760.970.980.990.980.990.610.90.720.910.910.990.710.60.930.890.880.850.880.950.81
0.72-0.120.730.70.50.650.70.750.730.710.290.560.720.60.870.650.30.520.520.550.530.380.60.560.47
0.910.20.90.960.880.930.810.930.840.90.80.710.910.60.820.940.60.30.820.740.690.830.650.80.66
0.91-0.070.910.90.680.850.870.920.90.90.490.720.910.870.820.860.450.490.770.750.680.650.70.770.63
0.990.020.990.980.790.970.950.980.960.980.670.890.990.650.940.860.710.530.930.880.860.880.850.940.8
0.710.120.710.70.540.770.710.670.660.710.60.790.710.30.60.450.710.530.770.720.860.760.770.80.84
0.6-0.290.610.520.320.540.70.550.660.530.060.670.60.520.30.490.530.530.630.720.790.470.850.70.67
0.93-0.090.930.910.650.910.940.910.920.930.60.90.930.520.820.770.930.770.630.980.940.950.920.980.92
0.89-0.140.90.860.570.860.930.860.910.90.510.90.890.550.740.750.880.720.720.980.950.920.950.970.94
0.88-0.120.880.830.60.850.910.840.880.860.510.910.880.530.690.680.860.860.790.940.950.870.980.970.94
0.850.090.850.870.70.870.820.830.810.860.730.830.850.380.830.650.880.760.470.950.920.870.820.910.9
0.87-0.190.880.810.550.830.930.830.890.850.410.940.880.60.650.70.850.770.850.920.950.980.820.950.91
0.95-0.080.940.910.660.920.960.920.940.930.580.940.950.560.80.770.940.80.70.980.970.970.910.950.91
0.81-0.110.810.780.490.80.840.770.810.830.530.880.810.470.660.630.80.840.670.920.940.940.90.910.91
Click cells to compare fundamentals

Shanghai Construction Account Relationship Matchups

Shanghai Construction fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets257.3B321.4B353.8B366.8B382.1B401.2B
Other Current Liab68.7B51.9B56.1B55.4B1.3B1.2B
Total Current Liabilities174.7B220.1B241.5B248.5B265.1B278.4B
Total Stockholder Equity33.1B36.7B41.0B40.5B41.0B43.1B
Other Liab2.1B3.5B2.3B2.1B2.4B2.5B
Retained Earnings15.6B17.1B18.9B18.4B16.3B17.1B
Accounts Payable87.7B136.3B157.4B170.3B178.0B186.9B
Cash66.1B78.5B84.2B88.6B98.2B103.1B
Other Assets28.4B43.6B51.4B54.4B62.6B65.7B
Net Receivables48.7B44.2B55.2B62.5B64.0B67.2B
Inventory88.0B71.2B69.7B64.8B60.3B35.5B
Other Current Assets5.3B6.1B5.4B7.9B5.9B6.2B
Total Liab221.1B277.5B302.2B315.7B330.9B347.4B
Intangible Assets2.1B3.0B2.8B4.0B4.1B4.3B
Property Plant Equipment8.2B8.8B12.3B12.8B14.7B15.4B
Long Term Debt45.4B53.5B56.0B62.8B61.7B64.8B
Short Term Investments3.2B2.6B2.3B1.6B1.5B972.5M
Good Will114.1M570.3M525.4M467.6M443.0M333.4M
Net Tangible Assets30.8B33.1B37.7B36.0B41.4B31.7B
Other Stockholder Equity6.4B8.5B10.4B10.4B12.0B7.4B
Deferred Long Term Liab338.1M554.8M513.5M497.8M572.5M298.2M
Short Long Term Debt5.8B9.7B8.6B10.0B9.7B7.3B
Total Current Assets211.2B255.9B275.6B282.2B287.0B232.1B
Non Current Assets Total46.0B65.5B78.2B84.6B95.1B66.0B
Non Currrent Assets Other389.6M22.1B25.9B27.9B35.7B37.4B
Non Current Liabilities Total46.4B57.3B60.7B67.3B65.8B56.5B
Non Current Liabilities Other59.7M63.3M14.3M50.9M126.0M132.3M
Net Invested Capital83.2B99.8B105.5B113.2B112.5B101.8B
Net Working Capital36.5B35.7B34.1B33.7B21.9B25.3B

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

Balance Sheet is a snapshot of the financial position of Shanghai Construction at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Construction Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Construction 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.