Shandong Non Currrent Assets Other vs Common Stock Analysis

600547 Stock   30.73  0.19  0.62%   
Shandong Gold financial indicator trend analysis is much more than just breaking down Shandong Gold Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shandong Gold Mining is a good investment. Please check the relationship between Shandong Gold Non Currrent Assets Other and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Gold Mining. 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.

Non Currrent Assets Other vs Common Stock

Non Currrent Assets Other vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Gold Mining Non Currrent Assets Other account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shandong Gold's Non Currrent Assets Other and Common Stock is 0.93. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock in the same time period over historical financial statements of Shandong Gold Mining, assuming nothing else is changed. The correlation between historical values of Shandong Gold's Non Currrent Assets Other and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Shandong Gold Mining are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Currrent Assets Other i.e., Shandong Gold's Non Currrent Assets Other and Common Stock go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Common Stock

Most indicators from Shandong Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shandong Gold Mining 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 Gold Mining. 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 August 22, 2025, Selling General Administrative is expected to decline to about 770.8 M. In addition to that, Tax Provision is expected to decline to about 683.5 M
 2022 2023 2024 2025 (projected)
Income Before Tax2.0B3.6B5.7B6.0B
Cost Of Revenue43.2B49.4B68.9B72.3B

Shandong Gold fundamental ratios Correlations

0.010.990.930.930.970.940.090.940.21.00.80.920.950.870.850.660.93-0.560.710.93-0.130.840.890.90.81
0.010.060.33-0.30.09-0.230.290.010.49-0.03-0.030.310.30.430.360.34-0.32-0.490.41-0.05-0.380.40.20.010.44
0.990.060.940.920.950.90.130.920.210.990.810.940.950.880.860.690.91-0.550.740.9-0.090.890.890.90.83
0.930.330.940.770.910.780.210.890.320.910.730.980.990.960.960.770.76-0.750.850.81-0.30.930.890.830.9
0.93-0.30.920.770.850.940.050.84-0.060.940.840.760.790.690.70.520.96-0.370.510.840.020.680.720.820.58
0.970.090.950.910.850.930.030.920.380.970.740.90.930.840.80.60.88-0.530.680.97-0.140.810.910.90.84
0.94-0.230.90.780.940.93-0.010.880.130.960.80.760.820.710.690.450.95-0.430.490.93-0.10.640.780.840.64
0.090.290.130.210.050.03-0.010.26-0.250.060.020.070.210.330.3-0.070.06-0.380.4-0.09-0.410.40.130.06-0.02
0.940.010.920.890.840.920.880.260.160.930.590.850.910.860.830.560.91-0.60.740.85-0.280.820.910.880.77
0.20.490.210.32-0.060.380.13-0.250.160.190.120.370.320.250.210.29-0.01-0.10.340.420.080.270.370.230.5
1.0-0.030.990.910.940.970.960.060.930.190.820.90.930.840.820.630.94-0.520.660.94-0.10.810.870.90.79
0.8-0.030.810.730.840.740.80.020.590.120.820.720.750.670.670.520.7-0.380.460.73-0.020.650.550.640.54
0.920.310.940.980.760.90.760.070.850.370.90.720.970.930.920.820.74-0.650.820.81-0.190.910.880.830.93
0.950.30.950.990.790.930.820.210.910.320.930.750.970.970.950.750.78-0.720.820.84-0.310.920.90.850.9
0.870.430.880.960.690.840.710.330.860.250.840.670.930.970.930.710.68-0.790.860.71-0.430.940.860.780.89
0.850.360.860.960.70.80.690.30.830.210.820.670.920.950.930.780.66-0.80.810.67-0.40.860.790.730.81
0.660.340.690.770.520.60.45-0.070.560.290.630.520.820.750.710.780.46-0.480.710.52-0.070.710.640.590.81
0.93-0.320.910.760.960.880.950.060.91-0.010.940.70.740.780.680.660.46-0.370.530.88-0.010.670.790.860.61
-0.56-0.49-0.55-0.75-0.37-0.53-0.43-0.38-0.6-0.1-0.52-0.38-0.65-0.72-0.79-0.8-0.48-0.37-0.69-0.390.64-0.66-0.59-0.48-0.61
0.710.410.740.850.510.680.490.40.740.340.660.460.820.820.860.810.710.53-0.690.58-0.290.910.820.710.83
0.93-0.050.90.810.840.970.93-0.090.850.420.940.730.810.840.710.670.520.88-0.390.580.040.70.860.860.76
-0.13-0.38-0.09-0.30.02-0.14-0.1-0.41-0.280.08-0.1-0.02-0.19-0.31-0.43-0.4-0.07-0.010.64-0.290.04-0.22-0.16-0.03-0.2
0.840.40.890.930.680.810.640.40.820.270.810.650.910.920.940.860.710.67-0.660.910.7-0.220.840.760.86
0.890.20.890.890.720.910.780.130.910.370.870.550.880.90.860.790.640.79-0.590.820.86-0.160.840.960.91
0.90.010.90.830.820.90.840.060.880.230.90.640.830.850.780.730.590.86-0.480.710.86-0.030.760.960.82
0.810.440.830.90.580.840.64-0.020.770.50.790.540.930.90.890.810.810.61-0.610.830.76-0.20.860.910.82
Click cells to compare fundamentals

Shandong Gold Account Relationship Matchups

Shandong Gold fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets63.9B78.3B90.7B134.6B160.7B168.7B
Other Current Liab12.1B19.5B23.0B1.4B216.2M205.4M
Total Current Liabilities26.7B35.0B34.7B49.5B62.4B65.5B
Total Stockholder Equity28.8B29.2B32.9B33.1B37.8B39.7B
Accounts Payable3.1B4.9B1.9B10.6B17.0B17.8B
Cash3.3B5.0B9.6B10.2B11.1B11.6B
Long Term Debt1.7B5.3B13.5B23.2B30.6B32.1B
Net Receivables169.7M118.2M141.2M520.0M493.0M333.6M
Inventory3.2B3.0B4.1B8.8B6.8B7.2B
Other Current Assets2.2B752.5M6.5B992.9M1.0B848.2M
Total Liab32.2B46.5B54.0B81.3B102.1B107.2B
Intangible Assets10.5B19.4B19.4B1.5B47.4B49.7B
Common Stock3.1B4.3B4.5B4.5B5.1B5.4B
Property Plant Equipment26.1B29.2B31.6B37.9B43.6B45.7B
Other Liab5.2B5.6B6.1B6.0B6.9B7.3B
Retained Earnings13.9B13.3B12.9B14.4B15.6B16.4B
Other Assets1.5B4.3B3.3B2.5B2.8B3.0B
Good Will2.7B3.1B3.2B13.0B13.0B13.7B
Net Tangible Assets9.7B14.6B6.8B10.7B12.3B8.7B
Other Stockholder Equity45.6M3.7B5.9B28.5B32.7B34.4B
Deferred Long Term Liab56.3M55.1M60.6M61.2M70.3M62.1M
Total Current Assets14.2B14.3B21.5B28.6B28.7B15.2B
Non Current Assets Total50.7B64.0B69.2B106.0B132.0B68.8B
Non Currrent Assets Other1.8B1.8B2.0B1.8B1.8B1.5B
Non Current Liabilities Total6.7B11.5B19.4B31.9B39.7B41.7B
Short Long Term Debt7.9B5.8B6.6B20.2B26.3B27.6B
Non Current Liabilities Other854.4M911.7M804.4M917.3M1.1B848.6M
Net Debt6.3B6.1B10.5B33.2B45.8B48.1B
Common Stock Shares Outstanding4.3B4.3B4.3B4.5B5.1B4.7B
Net Invested Capital38.3B40.3B53.0B76.5B94.7B53.2B
Net Working Capital(12.4B)(20.7B)(13.2B)(20.8B)(33.7B)(32.0B)
Short Term Investments3.1B2.7B3.0B3.9B3.7B3.7B
Property Plant And Equipment Net28.7B31.6B37.1B81.4B61.6B48.9B
Capital Lease Obligations63.4M90.8M143.7M108.4M124.4M109.4M
Property Plant And Equipment Gross46.8B51.5B37.1B120.1B61.6B66.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Shandong Stock

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