Shenyang Research Development vs Interest Income Analysis

600609 Stock   6.62  0.08  1.19%   
Shenyang Jinbei financial indicator trend analysis is much more than just breaking down Shenyang Jinbei Auto prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenyang Jinbei Auto is a good investment. Please check the relationship between Shenyang Jinbei Research Development and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenyang Jinbei Automotive. 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.

Research Development vs Interest Income

Research Development vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenyang Jinbei Auto Research Development account and Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shenyang Jinbei's Research Development and Interest Income is -0.41. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Interest Income in the same time period over historical financial statements of Shenyang Jinbei Automotive, assuming nothing else is changed. The correlation between historical values of Shenyang Jinbei's Research Development and Interest 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 Research Development of Shenyang Jinbei Automotive are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Research Development i.e., Shenyang Jinbei's Research Development and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Research Development

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Shenyang Jinbei's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenyang Jinbei Auto 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 Shenyang Jinbei Automotive. 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 February 1, 2025, Selling General Administrative is expected to decline to about 72.9 M. In addition to that, Tax Provision is expected to decline to about 15.7 M
 2022 2023 2024 2025 (projected)
Cost Of Revenue4.7B4.2B4.9B3.6B
Total Revenue5.6B5.1B5.9B4.2B

Shenyang Jinbei fundamental ratios Correlations

0.670.95-0.48-0.030.410.910.480.450.430.070.770.670.980.67-0.590.890.260.46-0.7-0.120.720.020.760.680.7
0.670.62-0.120.390.260.550.350.230.62-0.390.610.740.640.35-0.720.450.00.31-0.84-0.130.74-0.540.790.780.76
0.950.62-0.56-0.130.520.960.580.20.240.20.890.580.960.49-0.570.830.210.41-0.68-0.250.76-0.10.780.720.74
-0.48-0.12-0.560.79-0.47-0.61-0.64-0.36-0.02-0.81-0.51-0.11-0.63-0.10.26-0.62-0.42-0.180.21-0.26-0.06-0.1-0.15-0.05-0.07
-0.030.39-0.130.79-0.27-0.27-0.28-0.130.44-0.95-0.10.24-0.170.02-0.32-0.3-0.5-0.01-0.36-0.150.38-0.330.390.410.4
0.410.260.52-0.47-0.270.540.50.01-0.040.320.510.060.46-0.12-0.260.410.07-0.03-0.32-0.080.32-0.110.340.320.32
0.910.550.96-0.61-0.270.540.580.210.090.310.820.510.930.54-0.410.820.330.42-0.56-0.220.63-0.040.630.60.61
0.480.350.58-0.64-0.280.50.580.150.120.360.660.140.57-0.21-0.50.50.080.02-0.530.00.47-0.250.510.480.5
0.450.230.2-0.36-0.130.010.210.150.60.120.020.330.450.51-0.320.580.150.25-0.230.540.020.330.10.020.03
0.430.620.24-0.020.44-0.040.090.120.6-0.470.150.530.390.25-0.690.36-0.030.17-0.710.350.42-0.210.550.430.44
0.07-0.390.2-0.81-0.950.320.310.360.12-0.470.2-0.30.22-0.050.290.310.350.050.360.16-0.350.38-0.35-0.37-0.36
0.770.610.89-0.51-0.10.510.820.660.020.150.20.350.810.23-0.550.640.080.49-0.66-0.430.79-0.350.780.790.8
0.670.740.58-0.110.240.060.510.140.330.53-0.30.350.630.59-0.470.60.12-0.01-0.65-0.090.620.00.640.60.58
0.980.640.96-0.63-0.170.460.930.570.450.390.220.810.630.6-0.60.910.30.45-0.69-0.080.68-0.010.730.650.67
0.670.350.49-0.10.02-0.120.54-0.210.510.25-0.050.230.590.6-0.110.590.350.51-0.18-0.050.250.340.240.210.21
-0.59-0.72-0.570.26-0.32-0.26-0.41-0.5-0.32-0.690.29-0.55-0.47-0.6-0.11-0.40.19-0.230.84-0.2-0.630.52-0.79-0.66-0.68
0.890.450.83-0.62-0.30.410.820.50.580.360.310.640.60.910.59-0.40.350.36-0.55-0.050.570.240.580.530.54
0.260.00.21-0.42-0.50.070.330.080.15-0.030.350.080.120.30.350.190.350.3-0.01-0.1-0.090.17-0.07-0.15-0.12
0.460.310.41-0.18-0.01-0.030.420.020.250.170.050.49-0.010.450.51-0.230.360.3-0.23-0.190.28-0.240.280.290.3
-0.7-0.84-0.680.21-0.36-0.32-0.56-0.53-0.23-0.710.36-0.66-0.65-0.69-0.180.84-0.55-0.01-0.230.1-0.870.5-0.94-0.88-0.88
-0.12-0.13-0.25-0.26-0.15-0.08-0.220.00.540.350.16-0.43-0.09-0.08-0.05-0.2-0.05-0.1-0.190.1-0.510.21-0.33-0.49-0.48
0.720.740.76-0.060.380.320.630.470.020.42-0.350.790.620.680.25-0.630.57-0.090.28-0.87-0.51-0.390.970.990.99
0.02-0.54-0.1-0.1-0.33-0.11-0.04-0.250.33-0.210.38-0.350.0-0.010.340.520.240.17-0.240.50.21-0.39-0.42-0.46-0.45
0.760.790.78-0.150.390.340.630.510.10.55-0.350.780.640.730.24-0.790.58-0.070.28-0.94-0.330.97-0.420.960.97
0.680.780.72-0.050.410.320.60.480.020.43-0.370.790.60.650.21-0.660.53-0.150.29-0.88-0.490.99-0.460.960.99
0.70.760.74-0.070.40.320.610.50.030.44-0.360.80.580.670.21-0.680.54-0.120.3-0.88-0.480.99-0.450.970.99
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Shenyang Jinbei Account Relationship Matchups

Shenyang Jinbei fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.9B4.4B4.4B4.0B4.6B6.3B
Other Current Liab286.3M459.7M564.5M486.8K438.1K416.2K
Total Current Liabilities3.1B2.8B2.7B2.5B2.9B4.7B
Total Stockholder Equity563.2M780.8M932.6M1.1B952.3M578.6M
Retained Earnings(2.3B)(2.1B)(2.0B)(2.3B)(2.1B)(2.2B)
Accounts Payable1.5B1.2B1.4B1.3B1.4B1.4B
Cash1.8B1.5B1.3B1.7B1.9B2.1B
Other Assets208.7M216.4M171.5M178.6M205.4M217.2M
Long Term Debt82.1M18.1M335.6M260.5M299.5M506.0M
Net Receivables1.2B881.2M1.0B527.0M606.0M575.7M
Inventory300.1M280.7M365.6M247.5M284.6M503.7M
Other Current Assets84.4M132.7M161.9M1.8M2.1M2.0M
Total Liab3.8B3.4B3.1B2.7B3.1B5.2B
Intangible Assets130.1M127.0M154.6M142.0M127.8M194.3M
Property Plant Equipment726.9M641.0M687.6M664.5M764.2M800.6M
Other Liab160.5M621.6M261.6M153.7M176.8M158.1M
Net Tangible Assets290.2M433.2M653.9M778.0M894.7M939.4M
Other Stockholder Equity35.1M(13.3M)(10.0M)(8.1M)(7.3M)(6.9M)
Deferred Long Term Liab3.0M1.1M686.1K302.7K272.4K258.8K
Total Current Assets3.7B2.9B2.9B2.6B2.3B3.7B
Non Current Assets Total1.2B1.5B1.5B1.4B1.3B1.3B
Non Current Liabilities Total643.7M605.8M422.9M157.2M141.5M134.4M
Short Long Term Debt867.2M748.5M521.2M516.9M465.2M442.0M
Non Current Liabilities Other546.5M193.3M75.4M76.0M87.4M161.5M
Net Invested Capital1.4B1.9B1.7B1.6B1.4B1.5B
Net Working Capital555.8M124.3M177.1M63.1M56.8M53.9M
Property Plant And Equipment Net641.0M687.6M664.5M613.2M551.9M533.3M
Property Plant And Equipment Gross1.4B1.6B664.5M1.6B1.5B1.1B

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Other Information on Investing in Shenyang Stock

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