Shanghai Selling General Administrative vs Total Current Assets Analysis

600754 Stock   25.70  1.48  5.45%   
Shanghai Jin financial indicator trend analysis is much more than just breaking down Shanghai Jin Jiang prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Jin Jiang is a good investment. Please check the relationship between Shanghai Jin Selling General Administrative and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Jin Jiang. 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.

Selling General Administrative vs Total Current Assets

Selling General Administrative vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Jin Jiang Selling General Administrative account and Total Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Shanghai Jin's Selling General Administrative and Total Current Assets is 0.34. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Shanghai Jin Jiang, assuming nothing else is changed. The correlation between historical values of Shanghai Jin's Selling General Administrative and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Shanghai Jin Jiang are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Selling General Administrative i.e., Shanghai Jin's Selling General Administrative and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling General Administrative

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Shanghai Jin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Jin Jiang 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 Jin Jiang. 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.
The current year's Selling General Administrative is expected to grow to about 3.1 B, whereas Tax Provision is forecasted to decline to about 343.3 M.
 2021 2022 2023 2024 (projected)
Income Before Tax604.8M494.8M1.8B1.9B
Cost Of Revenue7.5B7.4B8.5B8.9B

Shanghai Jin fundamental ratios Correlations

0.510.960.970.940.750.840.950.50.770.960.230.760.761.00.960.880.890.96-0.7-0.870.4-0.10.40.90.24
0.510.370.480.620.790.530.360.340.730.470.360.80.860.50.650.540.170.65-0.76-0.510.630.260.290.360.22
0.960.370.940.860.630.720.880.540.630.910.180.660.640.960.880.830.930.88-0.54-0.80.27-0.060.460.820.29
0.970.480.940.860.750.760.910.390.660.930.290.670.750.950.90.890.920.91-0.6-0.890.28-0.060.310.860.13
0.940.620.860.860.810.920.910.590.930.890.240.870.770.960.970.810.710.97-0.84-0.780.61-0.120.450.830.33
0.750.790.630.750.810.770.660.40.810.670.470.860.880.740.820.840.510.85-0.79-0.780.450.180.170.630.06
0.840.530.720.760.920.770.860.460.890.780.30.780.690.840.910.70.580.9-0.9-0.740.67-0.250.410.820.31
0.950.360.880.910.910.660.860.450.770.930.20.660.620.940.910.820.830.9-0.69-0.770.44-0.260.390.920.25
0.50.340.540.390.590.40.460.450.60.390.50.430.220.520.460.450.30.47-0.42-0.10.530.080.680.290.69
0.770.730.630.660.930.810.890.770.60.720.310.890.740.790.870.70.420.87-0.92-0.60.78-0.080.460.710.39
0.960.470.910.930.890.670.780.930.390.720.160.710.740.960.920.840.880.92-0.64-0.850.36-0.060.350.930.21
0.230.360.180.290.240.470.30.20.50.310.160.130.270.20.20.380.130.23-0.25-0.10.210.130.130.170.14
0.760.80.660.670.870.860.780.660.430.890.710.130.860.780.880.750.470.88-0.86-0.720.650.070.360.670.28
0.760.860.640.750.770.880.690.620.220.740.740.270.860.750.840.780.550.86-0.77-0.850.420.120.150.680.0
1.00.50.960.950.960.740.840.940.520.790.960.20.780.750.960.860.880.96-0.7-0.850.43-0.110.420.890.26
0.960.650.880.90.970.820.910.910.460.870.920.20.880.840.960.850.751.0-0.86-0.880.57-0.090.440.880.29
0.880.540.830.890.810.840.70.820.450.70.840.380.750.780.860.850.780.88-0.61-0.80.280.130.290.840.16
0.890.170.930.920.710.510.580.830.30.420.880.130.470.550.880.750.780.76-0.32-0.81-0.01-0.120.180.80.0
0.960.650.880.910.970.850.90.90.470.870.920.230.880.860.961.00.880.76-0.84-0.890.53-0.050.410.890.25
-0.7-0.76-0.54-0.6-0.84-0.79-0.9-0.69-0.42-0.92-0.64-0.25-0.86-0.77-0.7-0.86-0.61-0.32-0.840.63-0.840.12-0.49-0.68-0.41
-0.87-0.51-0.8-0.89-0.78-0.78-0.74-0.77-0.1-0.6-0.85-0.1-0.72-0.85-0.85-0.88-0.8-0.81-0.890.63-0.170.01-0.09-0.810.12
0.40.630.270.280.610.450.670.440.530.780.360.210.650.420.430.570.28-0.010.53-0.84-0.17-0.180.670.380.71
-0.10.26-0.06-0.06-0.120.18-0.25-0.260.08-0.08-0.060.130.070.12-0.11-0.090.13-0.12-0.050.120.01-0.180.14-0.160.09
0.40.290.460.310.450.170.410.390.680.460.350.130.360.150.420.440.290.180.41-0.49-0.090.670.140.340.95
0.90.360.820.860.830.630.820.920.290.710.930.170.670.680.890.880.840.80.89-0.68-0.810.38-0.160.340.21
0.240.220.290.130.330.060.310.250.690.390.210.140.280.00.260.290.160.00.25-0.410.120.710.090.950.21
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Shanghai Jin Account Relationship Matchups

Shanghai Jin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.9B38.6B48.3B47.4B50.6B53.1B
Other Current Liab3.1B3.2B2.8B2.9B4.9M4.7M
Total Current Liabilities7.6B7.8B12.3B11.8B12.7B13.3B
Total Stockholder Equity13.3B12.7B16.6B16.6B16.7B17.5B
Other Liab2.6B2.4B2.1B2.1B2.4B2.5B
Retained Earnings4.4B3.9B3.0B3.0B3.1B1.6B
Accounts Payable1.6B1.4B758.8M870.8M1.4B1.5B
Cash5.9B6.8B6.4B6.9B10.3B10.8B
Other Assets3.0B3.0B3.0B3.0B3.4B2.4B
Long Term Debt14.4B14.5B8.0B8.1B9.9B7.0B
Net Receivables1.2B1.1B1.5B1.9B1.7B1.8B
Short Term Investments251.6M254.2M244.1M241.9M263.0M162.3M
Inventory93.6M72.8M76.8M67.8M66.5M47.7M
Other Current Assets724.7M812.8M775.1M869.5M421.1M263.7M
Total Liab24.5B24.9B30.9B30.3B33.2B34.9B
Intangible Assets7.3B7.2B6.7B6.9B7.0B7.3B
Property Plant Equipment6.9B6.3B13.9B13.5B15.5B16.3B
Good Will11.4B11.5B11.0B11.1B11.8B10.4B
Net Tangible Assets(5.4B)(6.0B)(971.0M)(1.4B)(1.6B)(1.7B)
Other Stockholder Equity24.6M(10.3M)(8.4M)(31.3M)(28.1M)(26.7M)
Deferred Long Term Liab2.3B2.0B1.6B1.5B1.3B1.7B
Short Long Term Debt18.6M1.0B869.0M148.8M360.7M673.4M
Total Current Assets8.5B9.4B9.9B10.5B13.6B10.9B
Non Current Assets Total30.4B29.2B38.7B37.0B37.0B36.9B
Non Currrent Assets Other101.4M122.0M3.2B1.5B365.2M346.9M
Non Current Liabilities Total16.9B17.1B18.7B18.5B20.6B20.6B
Non Current Liabilities Other202.1M228.4M213.5M208.1M421.4M265.8M
Net Debt8.2B8.8B2.4B1.3B1.2B1.1B
Net Invested Capital27.4B28.3B25.5B24.8B26.9B22.2B
Net Working Capital882.3M1.6B(2.7B)(1.3B)879.0M755.2M

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Other Information on Investing in Shanghai Stock

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