Sanan Investments vs Dividends Paid Analysis

600703 Stock   12.98  0.13  1.01%   
Sanan Optoelectronics financial indicator trend analysis is much more than just breaking down Sanan Optoelectronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sanan Optoelectronics is a good investment. Please check the relationship between Sanan Optoelectronics Investments and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sanan Optoelectronics Co. 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.

Investments vs Dividends Paid

Investments vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sanan Optoelectronics Investments account and Dividends Paid. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sanan Optoelectronics' Investments and Dividends Paid is 0.4. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Sanan Optoelectronics Co, assuming nothing else is changed. The correlation between historical values of Sanan Optoelectronics' Investments and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Sanan Optoelectronics Co are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Investments i.e., Sanan Optoelectronics' Investments and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Sanan Optoelectronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sanan Optoelectronics 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 Sanan Optoelectronics Co. 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 December 13, 2024, Selling General Administrative is expected to decline to about 170.6 M. In addition to that, Tax Provision is expected to decline to about 102.6 M
 2021 2022 2023 2024 (projected)
Cost Of Revenue9.8B10.9B12.6B13.2B
Total Revenue12.6B13.2B14.1B14.8B

Sanan Optoelectronics fundamental ratios Correlations

0.440.960.990.940.940.860.940.710.390.980.20.970.980.930.980.79-0.30.880.870.360.87-0.770.830.90.47
0.440.460.410.330.310.080.460.220.070.470.710.480.440.340.430.520.360.530.39-0.510.43-0.40.390.320.13
0.960.460.920.950.970.760.920.690.30.960.210.990.930.820.960.71-0.40.860.870.410.87-0.70.890.890.5
0.990.410.920.90.920.890.940.660.440.970.160.930.980.960.950.83-0.260.860.860.350.87-0.790.790.880.47
0.940.330.950.90.940.790.850.750.160.930.090.970.880.80.980.57-0.40.870.860.440.79-0.610.770.870.35
0.940.310.970.920.940.780.880.680.320.950.070.950.920.840.950.7-0.430.790.860.570.86-0.710.850.880.45
0.860.080.760.890.790.780.760.660.390.79-0.060.770.820.860.80.63-0.370.720.740.480.66-0.540.650.830.33
0.940.460.920.940.850.880.760.580.450.930.160.90.960.90.910.82-0.350.810.810.310.89-0.810.870.830.69
0.710.220.690.660.750.680.660.580.380.60.220.760.580.690.730.39-0.270.470.540.40.41-0.350.550.60.22
0.390.070.30.440.160.320.390.450.380.310.260.280.430.590.260.69-0.030.00.250.280.41-0.560.420.270.6
0.980.470.960.970.930.950.790.930.60.310.220.960.970.880.970.8-0.270.910.890.330.92-0.810.850.90.48
0.20.710.210.160.090.07-0.060.160.220.260.220.250.170.170.130.330.510.170.07-0.440.15-0.20.210.050.12
0.970.480.990.930.970.950.770.90.760.280.960.250.920.840.980.68-0.350.870.870.360.83-0.670.850.890.44
0.980.440.930.980.880.920.820.960.580.430.970.170.920.940.950.84-0.280.870.860.350.91-0.830.810.860.54
0.930.340.820.960.80.840.860.90.690.590.880.170.840.940.880.84-0.20.730.750.370.8-0.790.70.780.51
0.980.430.960.950.980.950.80.910.730.260.970.130.980.950.880.69-0.330.890.870.380.84-0.710.790.870.39
0.790.520.710.830.570.70.630.820.390.690.80.330.680.840.840.69-0.030.620.750.140.87-0.90.750.730.59
-0.30.36-0.4-0.26-0.4-0.43-0.37-0.35-0.27-0.03-0.270.51-0.35-0.28-0.2-0.33-0.03-0.21-0.36-0.58-0.280.22-0.51-0.45-0.42
0.880.530.860.860.870.790.720.810.470.00.910.170.870.870.730.890.62-0.210.860.080.8-0.630.690.860.27
0.870.390.870.860.860.860.740.810.540.250.890.070.870.860.750.870.75-0.360.860.310.92-0.730.830.970.36
0.36-0.510.410.350.440.570.480.310.40.280.33-0.440.360.350.370.380.14-0.580.080.310.32-0.170.390.380.3
0.870.430.870.870.790.860.660.890.410.410.920.150.830.910.80.840.87-0.280.80.920.32-0.870.870.890.6
-0.77-0.4-0.7-0.79-0.61-0.71-0.54-0.81-0.35-0.56-0.81-0.2-0.67-0.83-0.79-0.71-0.90.22-0.63-0.73-0.17-0.87-0.73-0.7-0.62
0.830.390.890.790.770.850.650.870.550.420.850.210.850.810.70.790.75-0.510.690.830.390.87-0.730.880.7
0.90.320.890.880.870.880.830.830.60.270.90.050.890.860.780.870.73-0.450.860.970.380.89-0.70.880.42
0.470.130.50.470.350.450.330.690.220.60.480.120.440.540.510.390.59-0.420.270.360.30.6-0.620.70.42
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Sanan Optoelectronics Account Relationship Matchups

Sanan Optoelectronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.7B39.0B47.5B58.4B57.7B60.6B
Other Current Liab685.4M787.7M2.9B906.3M539.5M457.2M
Total Current Liabilities4.6B4.8B8.7B11.7B10.2B10.7B
Total Stockholder Equity21.7B29.7B30.5B37.9B38.3B40.2B
Other Liab2.0B2.7B3.8B5.4B6.2B6.5B
Accounts Payable2.5B1.6B2.4B4.8B4.1B4.3B
Cash2.3B7.1B3.3B9.5B8.9B9.3B
Other Assets1.7B2.2B3.1B2.9B3.4B3.5B
Long Term Debt1.4B905.2M2.6B3.3B3.4B3.6B
Net Receivables4.0B2.3B2.5B3.2B3.3B1.8B
Inventory3.1B4.2B4.6B5.8B5.3B5.6B
Other Current Assets821.9M835.4M1.7B992.6M309.6M548.1M
Total Liab7.9B9.3B17.1B20.4B19.4B20.3B
Intangible Assets3.9B4.7B5.1B5.6B6.1B6.4B
Property Plant Equipment14.1B16.3B24.5B28.0B32.1B33.8B
Retained Earnings10.9B11.5B12.2B12.4B11.5B6.0B
Short Term Investments350.5M50.5M612.8M80.1M72.6M69.0M
Good Will11.9M94.4M94.1M83.3M95.8M100.5M
Net Tangible Assets18.3B25.5B25.9B33.0B38.0B23.2B
Other Stockholder Equity29.6M(638.4K)(18.6M)34.3M30.9M32.4M
Deferred Long Term Liab727.5M850.9M788.3M987.4M1.1B645.9M
Short Long Term Debt913.5M1.2B2.3B4.0B2.8B1.8B
Total Current Assets10.3B16.2B15.0B22.1B21.3B16.0B
Non Current Assets Total19.4B22.8B32.5B36.3B36.4B26.2B
Non Currrent Assets Other779.7M1.1B2.0B1.6B1.3B1.4B
Non Current Liabilities Total3.3B4.5B8.4B8.8B9.2B6.4B
Non Current Liabilities Other7.7M441.7K43.6M40.7M52.3M49.7M
Net Invested Capital22.8B31.8B35.4B45.3B44.6B35.3B
Net Working Capital5.7B11.4B6.3B10.4B11.1B9.8B

Currently Active Assets on Macroaxis

Other Information on Investing in Sanan Stock

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